HKG:6681 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	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-198.28	-359.08	-502.45	-697.84
Depreciation & Amortization	26.27	21	12.36	1.55
Other Amortization	0.88	0.27	0.07	0.08
Loss (Gain) From Sale of Assets	-0	0.06	0.13	-0.01
Loss (Gain) From Sale of Investments	-0.01	-2.67	-3.24	-
Stock-Based Compensation	66.77	44.87	-	19.37
Provision & Write-off of Bad Debts	11.48	0.85	0.05	0.01
Other Operating Activities	-14.27	183.54	401.2	628.83
Change in Accounts Receivable	-64.45	-48.01	-11.79	-6.01
Change in Accounts Payable	12.33	23.44	2.07	4.85
Change in Unearned Revenue	9.68	2.71	0.72	0.39
Change in Other Net Operating Assets	3.56	-3.84	0.21	-0.44
Operating Cash Flow	-146.04	-136.87	-100.68	-49.21
Capital Expenditures	-17.33	-15.97	-16.4	-10.8
Sale of Property, Plant & Equipment	0.07	0.25	0.02	0.01
Sale (Purchase) of Intangibles	-0.37	-2.05	-2.66	-0.02
Investment in Securities	0.01	333.46	-327.55	-
Other Investing Activities	144.91	-212.64	2.63	-1.17
Investing Cash Flow	123.38	102.55	-334.46	-21.48
Short-Term Debt Issued	335.04	15	6.96	-
Long-Term Debt Issued	-	-	50	350
Total Debt Issued	335.04	15	56.96	350
Short-Term Debt Repaid	-15	-2.36	-	-4.09
Long-Term Debt Repaid	-8.26	-7.95	-6.25	-0.81
Total Debt Repaid	-23.26	-10.31	-6.25	-4.89
Net Debt Issued (Repaid)	311.78	4.69	50.71	345.11
Issuance of Common Stock	-	153.12	89.5	63.7
Other Financing Activities	-2.98	-94.28	-0.57	-15.19
Financing Cash Flow	308.81	63.53	139.65	393.61
Foreign Exchange Rate Adjustments	0.16	0.12	0.01	-
Net Cash Flow	286.31	29.33	-295.49	322.93
Free Cash Flow	-163.37	-152.84	-117.08	-60.01
Free Cash Flow Margin	-133.57%	-227.44%	-1036.94%	-2610.05%
Free Cash Flow Per Share	-0.16	-0.26	-0.42	-0.40
Cash Interest Paid	1.02	0.63	0.57	0.19
Cash Income Tax Paid	0.05	-	-	-
Levered Free Cash Flow	8.4	-252.93	-82.34	-
Unlevered Free Cash Flow	22.17	-240.29	-70.32	-
Change in Net Working Capital	-61.47	196.67	-1.35	-

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