HKG:8095 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	99.31	195.21	333.38	158.97
Depreciation & Amortization	42.72	38.84	27.03	14.36
Other Amortization	0.19	0.4	0.42	0.3
Loss (Gain) From Sale of Assets	-0.16	-7.09	1.66	-
Asset Writedown & Restructuring Costs	-	34.85	3.25	1.27
Loss (Gain) From Sale of Investments	0.11	-312.77	-220.24	5.32
Loss (Gain) on Equity Investments	-282.57	-146.11	-197.18	-210.42
Provision & Write-off of Bad Debts	77.29	210.68	35.95	36.54
Other Operating Activities	48.46	33.39	10.99	12.25
Change in Accounts Receivable	-11.85	-57.61	4.7	36.87
Change in Inventory	-0.26	4.18	4.78	0.24
Change in Accounts Payable	67.47	-31.42	15.11	16.89
Change in Unearned Revenue	0.22	-0.36	0.7	-0.03
Change in Other Net Operating Assets	118.61	-96.6	33.37	-21.94
Operating Cash Flow	159.54	-134.43	53.92	50.64
Operating Cash Flow Growth	-	-	6.49%	-
Capital Expenditures	-23.35	-29.62	-35.47	-41.05
Sale of Property, Plant & Equipment	0.57	9.02	27.82	0.24
Cash Acquisitions	-143.39	-18	-83.19	0.69
Divestitures	4.6	-	-	-
Sale (Purchase) of Intangibles	-0.44	-29.57	-	-0.7
Sale (Purchase) of Real Estate	-132.41	-8.24	-0.66	-
Investment in Securities	-1.67	248.4	-104.66	-249.6
Other Investing Activities	63.84	100.88	66.25	54.4
Investing Cash Flow	-232.24	272.86	-129.91	-236.03
Long-Term Debt Issued	1,001	864.95	833.5	226.05
Total Debt Issued	1,001	864.95	833.5	226.05
Short-Term Debt Repaid	-	-	-	-1.03
Long-Term Debt Repaid	-888.83	-943.9	-593.12	-83.23
Total Debt Repaid	-888.83	-943.9	-593.12	-84.26
Net Debt Issued (Repaid)	112.12	-78.96	240.39	141.79
Issuance of Common Stock	-	-	-	56.87
Common Dividends Paid	-9.64	-70.52	-	-
Other Financing Activities	-43.51	-61.5	-37.75	-31.17
Financing Cash Flow	58.97	-210.98	202.64	167.49
Foreign Exchange Rate Adjustments	4.86	1.36	1.11	-0.19
Net Cash Flow	-8.86	-71.2	127.76	-18.09
Free Cash Flow	136.2	-164.06	18.45	9.58
Free Cash Flow Growth	-	-	92.53%	-
Free Cash Flow Margin	27.30%	-28.97%	6.68%	2.43%
Free Cash Flow Per Share	0.09	-0.11	0.01	0.01
Cash Interest Paid	43.49	56.98	47.66	31.14
Cash Income Tax Paid	13.41	8.88	7.46	8.28
Levered Free Cash Flow	234.14	-920.7	22.59	69.22
Unlevered Free Cash Flow	261.32	-886.31	46.71	85.15
Change in Working Capital	174.19	-181.82	58.66	32.03

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