HKG:6896 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	318.63	250.16	281.22	187.64
Depreciation & Amortization	36.43	39.03	38.64	36.98
Loss (Gain) From Sale of Assets	-0.03	0.01	0.19	0.08
Provision & Write-off of Bad Debts	1.22	1.1	0.43	0.18
Other Operating Activities	4.39	2.91	37.7	-16.14
Change in Accounts Receivable	-2.16	197.93	-203.16	-52.09
Change in Inventory	-1.94	-19.83	19.46	-25.14
Change in Accounts Payable	7.46	-7.79	3.48	5.75
Change in Other Net Operating Assets	111.88	-224.7	93.17	27.63
Operating Cash Flow	475.87	238.84	271.15	164.89
Operating Cash Flow Growth	99.25%	-11.92%	64.44%	-1.70%
Capital Expenditures	-67.23	-17.54	-15.85	-48.66
Sale of Property, Plant & Equipment	0.11	1.13	0.24	0.04
Investment in Securities	25.51	-43.26	52.19	-88.59
Other Investing Activities	-	-	-	-7.9
Investing Cash Flow	-41.61	-59.67	36.59	-145.11
Short-Term Debt Issued	-	-	322.69	385.6
Long-Term Debt Issued	523.02	422.34	-	-
Total Debt Issued	523.02	422.34	322.69	385.6
Short-Term Debt Repaid	-	-	-284.7	-303.45
Long-Term Debt Repaid	-508.44	-282.59	-0.4	-0.38
Total Debt Repaid	-508.44	-282.59	-285.1	-303.83
Net Debt Issued (Repaid)	14.58	139.75	37.59	81.76
Common Dividends Paid	-403.77	-243.19	-113.59	-36.9
Other Financing Activities	54.01	24.06	-66.01	-55.07
Financing Cash Flow	-335.18	-79.38	-142.01	-10.21
Foreign Exchange Rate Adjustments	-6.69	1.18	6.95	-2.27
Net Cash Flow	92.4	100.97	172.68	7.3
Free Cash Flow	408.65	221.3	255.3	116.23
Free Cash Flow Growth	84.66%	-13.32%	119.65%	38.70%
Free Cash Flow Margin	34.48%	23.02%	25.74%	14.16%
Free Cash Flow Per Share	0.55	0.30	0.34	0.16
Cash Interest Paid	15.36	10.7	10.29	7.98
Cash Income Tax Paid	120.5	111.48	52.29	61.27
Levered Free Cash Flow	376.68	181.51	124.15	-28.14
Unlevered Free Cash Flow	386.29	188.2	130.59	-23.16
Change in Working Capital	115.24	-54.38	-87.04	-43.85

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