HKG:6855 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	-405.43	-925.64	-882.92	-782.42
Depreciation & Amortization	91.07	90.81	60.92	27.53
Other Amortization	2.1	2.39	2	0.8
Loss (Gain) From Sale of Assets	-0.04	-0	-2.27	0.03
Loss (Gain) From Sale of Investments	0.83	0.7	9.77	20.89
Loss (Gain) on Equity Investments	0.28	-1.08	0.28	-
Stock-Based Compensation	20.92	31.5	22.11	46.97
Other Operating Activities	67.94	84.39	31.81	-108.13
Change in Accounts Receivable	62.75	-91.54	-0.39	-53.97
Change in Inventory	9.57	-6.72	-5.52	-3.93
Change in Accounts Payable	19.52	-23.11	24.7	47.5
Change in Unearned Revenue	4.09	82.98	-24.66	227.39
Change in Other Net Operating Assets	15.04	29.24	110.28	-17.01
Operating Cash Flow	-111.36	-726.08	-653.92	-604.68
Capital Expenditures	-24.29	-46.11	-203.29	-435.42
Sale of Property, Plant & Equipment	-	0.01	2.35	0.34
Cash Acquisitions	-9.52	-20	-20	-20
Sale (Purchase) of Intangibles	-	-10.74	-33.68	-1.21
Investment in Securities	-328.23	98.75	-130	-10.23
Investing Cash Flow	-362.04	21.92	-384.61	-466.52
Long-Term Debt Issued	535.92	953.5	763.62	599.74
Long-Term Debt Repaid	-681.26	-966.86	-67.74	-60.24
Net Debt Issued (Repaid)	-145.34	-13.36	695.87	539.5
Issuance of Common Stock	533.95	470.09	0.02	1,197
Repurchase of Common Stock	-	-5.92	-26.78	-25.87
Other Financing Activities	-73.84	-82.06	-49.85	70.97
Financing Cash Flow	314.77	368.75	619.27	1,781
Foreign Exchange Rate Adjustments	13.68	27.81	58.01	-23.28
Net Cash Flow	-144.95	-307.59	-361.25	686.91
Free Cash Flow	-135.65	-772.19	-857.2	-1,040
Free Cash Flow Margin	-13.83%	-347.86%	-408.75%	-3726.60%
Free Cash Flow Per Share	-0.45	-2.73	-3.25	-4.08
Cash Interest Paid	60.56	92.35	49.85	16.81
Cash Income Tax Paid	-	-	-	3.85
Levered Free Cash Flow	-81.25	-706.12	-680.98	-954.65
Unlevered Free Cash Flow	-40.96	-646.09	-647.99	-944.19
Change in Working Capital	110.97	-9.15	104.41	189.65

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.