HKG:8049 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	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	184.25	148.21	193.57	143.28	126.56
Depreciation & Amortization	27.14	27.56	33.6	28.88	22.16
Loss (Gain) From Sale of Assets	0.06	0.06	15.59	-	1.06
Asset Writedown & Restructuring Costs	-0.46	5.74	-	0.01	-
Loss (Gain) From Sale of Investments	-5.34	-5.43	-4.52	-3.4	-8.14
Provision & Write-off of Bad Debts	29.72	0.72	5.99	-1.52	69.81
Other Operating Activities	-67.35	-13.29	-57.88	13.16	-9
Change in Accounts Receivable	-41.43	22.65	-51.45	14.56	-26.85
Change in Inventory	42.13	20.41	-51.71	-13.94	-3.88
Change in Accounts Payable	-7.04	4.9	14.35	5.2	8.08
Change in Unearned Revenue	5.91	-8.61	8.73	7.66	-1.34
Change in Other Net Operating Assets	52.06	113.02	97.73	21.21	-27.23
Operating Cash Flow	219.65	315.95	203.99	215.09	151.23
Operating Cash Flow Growth	-30.48%	54.88%	-5.16%	42.23%	14.13%
Capital Expenditures	-11.02	-31.84	-11.32	-92.84	-98.76
Sale of Property, Plant & Equipment	0.3	0.02	-	12.45	-
Cash Acquisitions	-	-	-	0.8	-
Investment in Securities	-304.39	134.89	-112.02	-90.04	-161.52
Other Investing Activities	4.18	5.97	5.37	9.01	15.43
Investing Cash Flow	-310.93	109.04	-117.97	-160.61	-244.85
Long-Term Debt Issued	-	80	-	-	-
Long-Term Debt Repaid	-8	-	-	-	-1.95
Net Debt Issued (Repaid)	-8	80	-	-	-1.95
Other Financing Activities	17.94	17.22	0.5	1.16	0.08
Financing Cash Flow	-25.01	-186.45	-27.71	-25.2	-17.75
Net Cash Flow	-116.29	238.54	58.31	29.28	-111.37
Free Cash Flow	208.63	284.11	192.68	122.26	52.46
Free Cash Flow Growth	-26.57%	47.45%	57.60%	133.03%	-54.58%
Free Cash Flow Margin	23.68%	33.76%	22.89%	17.33%	8.43%
Free Cash Flow Per Share	0.37	0.51	0.34	0.22	0.09
Cash Interest Paid	2.03	0.52	0.47	0.34	0.71
Cash Income Tax Paid	42.61	60.47	37.29	24.72	25.7
Levered Free Cash Flow	229.25	273.09	135.48	114.8	34.23
Unlevered Free Cash Flow	230.52	273.41	135.77	115.02	34.67
Change in Working Capital	51.63	152.36	17.65	34.68	-51.22

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