HKG:9916 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	45.05	40.17	47.18	54.53
Depreciation & Amortization	2.38	1.53	1.42	1.54
Provision & Write-off of Bad Debts	5.77	1.34	0.73	0.21
Other Operating Activities	-1.12	-0.34	1.11	-3.76
Change in Accounts Receivable	-8.64	-34.94	-43.85	-13.17
Change in Accounts Payable	-30.66	11.28	19.24	-2.78
Change in Unearned Revenue	11.13	18.57	-7.19	33.81
Change in Other Net Operating Assets	8.23	21.48	10.75	13.45
Operating Cash Flow	32.15	59.1	29.39	83.82
Operating Cash Flow Growth	-45.60%	101.09%	-64.93%	221.50%
Capital Expenditures	-18.94	-5.89	-2.99	-0.37
Cash Acquisitions	-	-94.85	-	-
Other Investing Activities	0.18	-215.73	50	-50
Investing Cash Flow	-18.76	-316.47	47.01	-50.37
Common Dividends Paid	-	-	-8.18	-
Other Financing Activities	-	-	-	-3.35
Financing Cash Flow	-	-	-8.18	-3.35
Foreign Exchange Rate Adjustments	-0.13	0.33	0.37	-0.13
Net Cash Flow	13.26	-257.04	68.59	29.97
Free Cash Flow	13.21	53.21	26.4	83.45
Free Cash Flow Growth	-75.17%	101.58%	-68.37%	227.43%
Free Cash Flow Margin	3.68%	14.82%	8.22%	29.63%
Free Cash Flow Per Share	0.03	0.13	0.07	0.21
Cash Income Tax Paid	16.32	17.23	18.57	22.21
Levered Free Cash Flow	10.47	-86.78	65.53	10.25
Unlevered Free Cash Flow	10.53	-86.71	65.61	10.38
Change in Working Capital	-19.93	16.39	-21.04	31.31

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