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CONSOLIDATED STATEMENTS OF CASH FLOWS - CNY (¥)
¥ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Cash used in operations ¥ (720,786) ¥ (383,704) ¥ (693,691)
Income tax paid (25,198) (20,630) (10,454)
Net cash used in operating activities (745,984) (404,334) (704,145)
Cash flows from investing activities      
Payment for acquisition of subsidiaries, net of cash acquired 0 (11,060) 0
Payments for property and equipment (22,066) (45,553) (17,056)
Payments for intangible assets (45,877) (82,463) (248,124)
Capital injection to investments accounted for using the equity method     (62,040)
Payment for loans to related parties   (3,515)  
Payments for financial assets measured at fair value through other comprehensive income (614,772) (16,661) (441,622)
Payments for financial assets at fair value through profit or loss (2,706,721) (7,577,741) (8,433,113)
(Payments)/Proceeds for settlement of derivatives 16,491 (138,634) (108,716)
Release of restricted cash and time deposits over three months, net 922,818 1,206,607 1,064,813
Proceeds from sales of property and equipment 9,467 1,019 55,534
Receipts of loans to related parties 1,900    
Proceeds from sales of financial assets measured at fair value through other comprehensive income 193,495 16,833 820,393
Proceeds from sales of financial assets at fair value through profit or loss 4,092,407 7,019,968 8,647,959
Interest received on financial assets at fair value through profit or loss 26,027 19,635 37,697
Net cash generated from investing activities 1,873,169 388,435 1,315,725
Cash flows from financing activities      
Proceeds from issuance of ordinary shares     2,722,445
Proceeds from short-term borrowings 313,000 912,900 2,257,000
Share issue transaction costs     (24,766)
Proceeds from exercise of shares under share incentive scheme 1,161 9,257  
Payments for lease liabilities (76,734) (96,139) (100,997)
Repayments of short-term borrowings (836,429) (2,376,945) (3,177,218)
Interest paid (20,072) (60,854) (142,626)
Payments for shares repurchase (74,992)    
Net cash generated from/(used in) financing activities (694,066) (1,611,781) 1,533,838
Net increase/(decrease) in cash and cash equivalents 433,119 (1,627,680) 2,145,418
Cash and cash equivalents at the beginning of the year 1,399,370 3,055,194 1,077,875
Effects of exchange rate changes on cash and cash equivalents 75,287 (28,144) (168,099)
Cash and cash equivalents at the end of year ¥ 1,907,776 ¥ 1,399,370 ¥ 3,055,194