HKG:9869 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	-77.98	180.5	-1,601	-230
Depreciation & Amortization	126.21	199.56	515.92	302.85
Other Amortization	0.02	0.02	0.02	0.02
Asset Writedown & Restructuring Costs	95.25	11.34	712.91	10.99
Stock-Based Compensation	-	-	503.19	91.68
Provision & Write-off of Bad Debts	16.71	-	-	-
Other Operating Activities	-30.14	-20.29	78.74	253.16
Change in Accounts Receivable	-24.3	-47.93	-	-
Change in Inventory	0.1	15.75	25.54	-24.65
Change in Accounts Payable	-1.97	-32.03	-12.4	38.68
Change in Other Net Operating Assets	61.63	-31.9	-79.88	-76.14
Operating Cash Flow	165.53	275.02	142.89	366.59
Operating Cash Flow Growth	-39.81%	92.47%	-61.02%	49.11%
Capital Expenditures	-8.21	-45.55	-371.16	-993.52
Sale of Property, Plant & Equipment	2.72	2.7	10.2	-
Cash Acquisitions	-	-1.54	-	-1.13
Investment in Securities	-17.27	-450.04	-201.57	-
Other Investing Activities	56.73	57.28	4.96	0.56
Investing Cash Flow	33.96	-437.16	-557.57	-994.09
Short-Term Debt Issued	-	-	-	237
Total Debt Issued	-	-	-	237
Short-Term Debt Repaid	-	-	-	-285.14
Long-Term Debt Repaid	-80.12	-140.11	-178.2	-311.33
Total Debt Repaid	-80.12	-140.11	-178.2	-596.47
Net Debt Issued (Repaid)	-80.12	-140.11	-178.2	-359.47
Issuance of Common Stock	-	-	-	2,539
Repurchase of Common Stock	-	-6.61	-	-
Common Dividends Paid	-593.11	-146.91	-	-
Other Financing Activities	-23.68	-29.51	-42.01	-154.79
Financing Cash Flow	-696.9	-323.15	-220.21	2,237
Foreign Exchange Rate Adjustments	3.6	13.9	105.16	-7.22
Net Cash Flow	-493.81	-471.39	-529.73	1,602
Free Cash Flow	157.32	229.46	-228.28	-626.93
Free Cash Flow Growth	-31.44%	-	-	-
Free Cash Flow Margin	20.89%	18.85%	-14.64%	-34.15%
Free Cash Flow Per Share	0.12	0.18	-0.21	-0.58
Cash Interest Paid	11.19	27.8	42.01	57.69
Cash Income Tax Paid	-0.98	-2.74	14.49	64.3
Levered Free Cash Flow	137.95	145.28	52.97	-551.41
Unlevered Free Cash Flow	144.95	162.66	79.23	-515.36
Change in Working Capital	35.45	-96.11	-66.74	-62.11

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