HKG:8623 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	-58.84	-60.04	-21.54	-25.22
Depreciation & Amortization	8.52	11.87	11.73	9.66
Other Amortization	0.05	0.05	0.04	0.04
Loss (Gain) From Sale of Assets	0.27	15.9	0.15	0.24
Asset Writedown & Restructuring Costs	3.25	9.58	0.41	2.64
Loss (Gain) From Sale of Investments	-	-	-1.52	-0.3
Provision & Write-off of Bad Debts	42.64	5.24	2.7	3.08
Other Operating Activities	-9.33	8.12	-7.02	3.61
Change in Accounts Receivable	-14.14	-28.91	92.55	-56.2
Change in Inventory	-4.84	12.97	2.19	-3.11
Change in Accounts Payable	18.26	41.79	-11.65	7.26
Change in Unearned Revenue	-2.18	-14.77	-5.48	20.04
Change in Other Net Operating Assets	19.94	18.95	-6.63	10.05
Operating Cash Flow	3.61	20.75	55.94	-28.22
Operating Cash Flow Growth	-82.61%	-62.90%	-	-
Capital Expenditures	-10.5	-41.46	-10.69	-11.4
Sale of Property, Plant & Equipment	1.77	27.11	0.16	1.64
Cash Acquisitions	-	-4.2	-	-8.98
Sale (Purchase) of Intangibles	-0.1	-0.12	-0.39	-0.11
Other Investing Activities	-	4.75	5.21	0.45
Investing Cash Flow	17.17	-10.46	-5.71	-18.9
Short-Term Debt Issued	-	15.98	4.78	8.71
Long-Term Debt Issued	-	32.95	87.92	153.57
Total Debt Issued	-	48.93	92.7	162.28
Short-Term Debt Repaid	-9.26	-1.71	-0.09	-
Long-Term Debt Repaid	-9.77	-49.87	-141.03	-120.95
Total Debt Repaid	-19.02	-51.58	-141.11	-120.95
Net Debt Issued (Repaid)	-19.02	-2.66	-48.41	41.33
Issuance of Common Stock	2.97	-	-	7.47
Other Financing Activities	-4.4	-6.81	-7.92	-7.1
Financing Cash Flow	-20.45	-9.47	-56.33	41.7
Foreign Exchange Rate Adjustments	0.04	-0.12	0.14	0.02
Net Cash Flow	0.37	0.71	-5.97	-5.41
Free Cash Flow	-6.89	-20.71	45.25	-39.63
Free Cash Flow Margin	-2.69%	-8.46%	5.97%	-7.28%
Free Cash Flow Per Share	-0.07	-0.23	0.49	-0.46
Cash Interest Paid	4.57	6.44	7.92	6.92
Cash Income Tax Paid	0.03	-	0.1	0.42
Levered Free Cash Flow	22.63	-13.51	39.01	-69.33
Unlevered Free Cash Flow	26.92	-9.08	45.44	-62.74
Change in Working Capital	17.04	30.04	70.98	-21.95

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