Xingye Wulian Service Group Co. Ltd. (HKG:9916)

HKG:9916 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	39.81	45.05	40.17	47.18	54.53	43.5
Depreciation & Amortization	2.46	2.38	1.53	1.42	1.54	1.15
Provision & Write-off of Bad Debts	5.27	5.77	1.34	0.73	0.21	0.21
Other Operating Activities	1.3	-1.12	-0.34	1.11	-3.76	-4.41
Change in Accounts Receivable	-19.83	-8.64	-34.94	-43.85	-13.17	-19.6
Change in Accounts Payable	-11.79	-30.66	11.28	19.24	-2.78	7.06
Change in Unearned Revenue	16.93	11.13	18.57	-7.19	33.81	10.83
Change in Other Net Operating Assets	2.29	8.23	21.48	10.75	13.45	-12.68
Operating Cash Flow	36.44	32.15	59.1	29.39	83.82	26.07
Operating Cash Flow Growth	-36.05%	-45.60%	101.09%	-64.93%	221.50%	-54.06%
Capital Expenditures	-35.46	-18.94	-5.89	-2.99	-0.37	-0.59
Cash Acquisitions	-	-	-94.85	-	-	-
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.38
Other Investing Activities	0.02	0.18	-215.73	50	-50	-
Investing Cash Flow	-35.44	-18.76	-316.47	47.01	-50.37	-0.96
Issuance of Common Stock	-	-	-	-	-	178.49
Common Dividends Paid	-	-	-	-8.18	-	-8.24
Other Financing Activities	-	-	-	-	-3.35	1.3
Financing Cash Flow	-	-	-	-8.18	-3.35	171.55
Foreign Exchange Rate Adjustments	-2.13	-0.13	0.33	0.37	-0.13	-0.63
Net Cash Flow	-1.13	13.26	-257.04	68.59	29.97	196.02
Free Cash Flow	0.98	13.21	53.21	26.4	83.45	25.49
Free Cash Flow Growth	-98.13%	-75.17%	101.58%	-68.37%	227.43%	-54.65%
Free Cash Flow Margin	0.26%	3.68%	14.82%	8.22%	29.63%	11.95%
Free Cash Flow Per Share	0.00	0.03	0.13	0.07	0.21	0.07
Cash Income Tax Paid	10.47	16.32	17.23	18.57	22.21	15.47
Levered Free Cash Flow	-2.35	10.47	-86.78	65.53	10.25	24.93
Unlevered Free Cash Flow	-2.29	10.53	-86.71	65.61	10.38	25.04
Change in Working Capital	-12.4	-19.93	16.39	-21.04	31.31	-14.39

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