HKG:9686 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	-83.05	-154.65	-241.97	-296.54	-196.43
Depreciation & Amortization	27.89	33.09	34.02	41.12	56.57
Other Amortization	0.52	0.62	-	0.71	0.6
Loss (Gain) From Sale of Assets	0.56	0.43	-10.54	-20.8	5.51
Loss (Gain) on Equity Investments	17.43	4.93	4.76	4.15	3.91
Stock-Based Compensation	8.58	29.82	79.18	153.56	34.04
Other Operating Activities	5.91	40.66	56.18	37.92	56.5
Change in Inventory	20.96	-18.62	-0.02	-23.18	12.6
Change in Other Net Operating Assets	22.77	43.58	4.57	19.69	9.4
Operating Cash Flow	21.56	-20.16	-73.83	-83.38	-17.3
Capital Expenditures	-13.44	-4.27	-7.34	-18.38	-106.84
Sale of Property, Plant & Equipment	0.26	0.38	0.33	0.19	0.58
Cash Acquisitions	-2.84	-	-	-	-
Divestitures	7.44	-	-1.44	-16.72	1.45
Investment in Securities	119.03	-141.68	-	29.14	-91.18
Other Investing Activities	-	-1.03	-	0.31	0.83
Investing Cash Flow	110.45	-146.6	-8.45	-5.47	-195.16
Long-Term Debt Issued	240	-	270	240.8	150
Short-Term Debt Repaid	-	-	-	-0.71	-56.4
Long-Term Debt Repaid	-266.17	-27.16	-178.17	-187.77	-131.87
Total Debt Repaid	-266.17	-27.16	-178.17	-188.48	-188.27
Net Debt Issued (Repaid)	-26.17	-27.16	91.83	52.33	-38.27
Issuance of Common Stock	-	567.65	-	33.26	278.8
Other Financing Activities	-30.39	-35.72	-27.21	-20.69	-24.24
Financing Cash Flow	-56.56	504.77	64.62	64.9	216.29
Foreign Exchange Rate Adjustments	8.61	-11.97	3.66	-2.99	-26.45
Net Cash Flow	84.06	326.05	-13.99	-26.94	-22.62
Free Cash Flow	8.13	-24.42	-81.17	-101.77	-124.13
Free Cash Flow Margin	1.62%	-4.54%	-11.81%	-16.57%	-24.68%
Free Cash Flow Per Share	0.01	-0.04	-0.13	-0.16	-0.20
Cash Interest Paid	23.47	25.16	23.04	15.79	17.63
Cash Income Tax Paid	7.44	3.44	0.25	0.07	0.26
Levered Free Cash Flow	-4.13	-78.29	-52.41	22.89	-
Unlevered Free Cash Flow	12.75	-54.37	-25.61	45.59	-
Change in Net Working Capital	-33.79	49.49	17.16	-32.26	-

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.