HKG:9928 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	4.7	-201.76	-213.63	308
Depreciation & Amortization	63.17	62.77	62.28	57.36
Other Amortization	17.94	18.8	13.51	8.41
Loss (Gain) From Sale of Assets	0.69	1.19	0.49	0.33
Asset Writedown & Restructuring Costs	15.39	364.61	81.36	-
Loss (Gain) From Sale of Investments	193.55	93.94	369.28	5.12
Loss (Gain) on Equity Investments	-0.26	-1.63	3.89	-5.48
Stock-Based Compensation	-	4.28	3.41	5.54
Other Operating Activities	-47.53	-116.18	-118.19	37.01
Change in Accounts Receivable	-107.55	-63.24	-16.5	-536.02
Change in Inventory	1.65	0.25	-1.94	1.39
Change in Accounts Payable	30.7	-5.96	-9.17	277.91
Change in Unearned Revenue	-0.54	22.05	-46.39	-40.15
Change in Other Net Operating Assets	21.53	-40.87	-55.24	-64.74
Operating Cash Flow	193.43	138.26	73.18	54.68
Operating Cash Flow Growth	39.90%	88.93%	33.84%	-37.45%
Capital Expenditures	-17.04	-11.52	-11.26	-21.25
Sale of Property, Plant & Equipment	0.36	1.22	0.36	4.48
Cash Acquisitions	-4.9	-	-3.13	-152.28
Divestitures	0.25	1.79	-	-
Sale (Purchase) of Intangibles	-3.29	-3.38	-19.29	-48.65
Investment in Securities	6.9	4.38	2.63	-23.17
Other Investing Activities	10.31	11.84	11.27	64.48
Investing Cash Flow	-7.41	4.32	-19.42	-176.4
Long-Term Debt Repaid	-7.41	-7.31	-8.67	-10.88
Total Debt Repaid	-7.41	-7.31	-8.67	-10.88
Net Debt Issued (Repaid)	-7.41	-7.31	-8.67	-10.88
Common Dividends Paid	-23.66	-21.69	-46.33	-69.98
Other Financing Activities	-1.95	-4.76	-3.67	-21.06
Financing Cash Flow	-33.02	-33.75	-58.67	-101.92
Foreign Exchange Rate Adjustments	0.11	0.12	0.93	-9.78
Miscellaneous Cash Flow Adjustments	-0.57	-	-	-
Net Cash Flow	152.53	108.95	-3.97	-233.41
Free Cash Flow	176.38	126.74	61.92	33.43
Free Cash Flow Growth	39.17%	104.66%	85.25%	-51.40%
Free Cash Flow Margin	7.38%	5.13%	2.38%	1.23%
Free Cash Flow Per Share	0.18	0.13	0.06	0.03
Cash Interest Paid	0.51	0.5	0.97	1.25
Cash Income Tax Paid	45.31	60.19	74.42	109.34
Levered Free Cash Flow	230.74	216.59	163.3	-68.76
Unlevered Free Cash Flow	231.06	216.9	163.97	-66.67
Change in Working Capital	-54.22	-87.77	-129.23	-361.6

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