HKG:6830 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	35.98	41.91	38.55	108.3	50.67
Depreciation & Amortization	168.84	148.52	128.58	146.18	119.74
Other Amortization	2.25	1.74	1.8	1.75	1.22
Loss (Gain) From Sale of Assets	-0.67	-0.29	-0.34	-67.39	-51.41
Loss (Gain) From Sale of Investments	7.82	30.08	39.06	26.99	12.63
Loss (Gain) on Equity Investments	-20.07	-24.43	-26.06	-12.98	-30.23
Other Operating Activities	30.74	22.45	-8.14	38.2	60.65
Change in Accounts Receivable	-483.72	-70.31	-120.33	267.26	-8.31
Change in Inventory	-207.32	-150.77	-51.5	-71.06	-30.79
Change in Accounts Payable	708.13	349.76	42.84	-137.6	-9.82
Change in Other Net Operating Assets	-42.64	6.88	146.44	-147.39	34.27
Operating Cash Flow	199.35	355.54	190.91	152.26	148.64
Operating Cash Flow Growth	-43.93%	86.24%	25.39%	2.44%	-31.65%
Capital Expenditures	-281.48	-301.18	-176.42	-53.82	-160.45
Sale of Property, Plant & Equipment	20.03	25.15	20.18	105.99	36.25
Cash Acquisitions	-	-	-	-16.42	-
Sale (Purchase) of Intangibles	-3.06	-1.13	-1.31	-0.28	-0.53
Sale (Purchase) of Real Estate	-	-6.99	-22.96	-	-
Investment in Securities	-5	-23	-	-	-
Other Investing Activities	28.86	4.67	11.62	8.16	11.14
Investing Cash Flow	-240.64	-272.49	-174.88	13.63	-113.59
Long-Term Debt Issued	856.83	650.03	969	1,155	1,212
Long-Term Debt Repaid	-851.73	-667.64	-979.34	-1,280	-1,227
Net Debt Issued (Repaid)	5.1	-17.61	-10.34	-125.37	-15.01
Common Dividends Paid	-5	-4.36	-10.27	-7.6	-10.76
Other Financing Activities	-57.4	-11.86	1.33	19.76	-42.03
Financing Cash Flow	-57.31	-33.84	-19.28	-113.22	-67.8
Foreign Exchange Rate Adjustments	-0.05	-0.3	0.63	0.5	-
Net Cash Flow	-98.65	48.92	-2.63	53.17	-32.75
Free Cash Flow	-82.13	54.36	14.49	98.43	-11.82
Free Cash Flow Growth	-	275.18%	-85.28%	-	-
Free Cash Flow Margin	-3.20%	2.94%	0.78%	5.11%	-0.62%
Free Cash Flow Per Share	-0.05	0.03	0.01	0.06	-0.01
Cash Interest Paid	23.14	21.34	23.59	27.65	35.93
Cash Income Tax Paid	20.82	17.25	47.8	15.68	21.7
Levered Free Cash Flow	-105.16	24.51	56.69	-145.86	-26.13
Unlevered Free Cash Flow	-91.84	38.38	71.53	-128.37	-3.57
Change in Working Capital	-25.55	135.57	17.45	-88.8	-14.65

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