HKG:6636 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	8.68	-56.23	-60.86
Depreciation & Amortization	4.46	5.77	6.77
Loss (Gain) From Sale of Investments	-1.71	-0.97	0.43
Stock-Based Compensation	11.79	11.85	7.79
Provision & Write-off of Bad Debts	5.61	1.97	0.04
Other Operating Activities	-1.14	-1.43	-7.4
Change in Accounts Receivable	-118.23	-32.24	-30.53
Change in Inventory	-2.25	-23.37	-4.75
Change in Accounts Payable	55.27	-20.65	30.24
Change in Unearned Revenue	0.94	24.33	-0.49
Change in Other Net Operating Assets	18.98	18	-20.39
Operating Cash Flow	-17.59	-72.96	-79.14
Capital Expenditures	-3.02	-0.13	-0.81
Investment in Securities	-45.6	77.96	-81.5
Other Investing Activities	3.35	3.42	6.9
Investing Cash Flow	-45.27	81.25	-75.42
Short-Term Debt Issued	53.14	21.78	4.8
Long-Term Debt Issued	0.11	-	0.11
Total Debt Issued	53.25	21.78	4.91
Short-Term Debt Repaid	-21.78	-4.8	-0.95
Long-Term Debt Repaid	-2.36	-4.72	-4.55
Total Debt Repaid	-24.14	-9.52	-5.5
Net Debt Issued (Repaid)	29.11	12.26	-0.59
Issuance of Common Stock	10	-	178.64
Other Financing Activities	-0.54	-0.49	-
Financing Cash Flow	38.57	11.77	178.05
Foreign Exchange Rate Adjustments	0.15	-	-0.77
Net Cash Flow	-24.15	20.05	22.72
Free Cash Flow	-20.61	-73.1	-79.95
Free Cash Flow Margin	-8.01%	-57.25%	-78.72%
Free Cash Flow Per Share	-0.21	-0.73	-1.16
Cash Interest Paid	1	0.49	-
Cash Income Tax Paid	0.32	0.22	1.96
Levered Free Cash Flow	-26.8	-61.81	-
Unlevered Free Cash Flow	-25.94	-61.4	-
Change in Working Capital	-45.29	-33.93	-25.93

Source: S&P Global Market Intelligence. Standard template. Financial Sources.