The Hongkong and Shanghai Hotels, Limited (HKG:0045)
Hong Kong · Delayed Price · Currency is HKD 5.35
-0.04 (-0.74%)
Aug 24, 2026, 4:08 PM HKT
HKG:0045 Cash Flow Statement
Financials in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 320 | 320 | -943 | 146 | -488 | -120 |
Depreciation & Amortization | 714 | 714 | 686 | 520 | 452 | 499 |
Other Operating Activities | 614 | 485 | 1,530 | 404 | 364 | -55 |
Change in Accounts Receivable | -27 | -27 | 29 | -36 | -66 | - |
Change in Inventory | -12 | -12 | -12 | -28 | -15 | - |
Change in Accounts Payable | 25 | 25 | 15 | 402 | 108 | - |
Change in Other Net Operating Assets | 682 | 378 | 3,086 | 1,999 | 62 | -6 |
Operating Cash Flow | 2,316 | 1,883 | 4,391 | 3,407 | 417 | 318 |
Operating Cash Flow Growth | -26.43% | -57.12% | 28.88% | 717.03% | 31.13% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -279 | -460 | -360 | -314 | -200 | -141 |
Divestitures | 11 | 12 | - | - | 4 | - |
Sale (Purchase) of Intangibles | - | - | - | - | -12 | -646 |
Sale (Purchase) of Real Estate | -355 | -355 | -717 | -1,930 | -2,335 | -1,692 |
Investment in Securities | 98 | -79 | -200 | -359 | -257 | -120 |
Other Investing Activities | - | - | - | - | 63 | - |
Investing Cash Flow | -403 | -882 | -1,277 | -2,603 | -2,737 | -2,599 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 5,752 | 2,226 | 2,139 | 9,142 | 4,032 |
Long-Term Debt Repaid | - | -6,199 | -4,456 | -1,812 | -6,262 | -1,531 |
Net Debt Issued (Repaid) | -1,125 | -447 | -2,230 | 327 | 2,880 | 2,501 |
Common Dividends Paid | - | - | -22 | - | - | - |
Other Financing Activities | -588 | -793 | -851 | -981 | -427 | -260 |
Financing Cash Flow | -1,713 | -1,240 | -3,103 | -654 | 2,453 | 2,241 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 2 | 25 | -21 | - | -29 | - |
Net Cash Flow | 202 | -214 | -10 | 150 | 104 | -40 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,037 | 1,423 | 4,031 | 3,093 | 217 | 177 |
Free Cash Flow Growth | -25.03% | -64.70% | 30.33% | 1325.35% | 22.60% | - |
Free Cash Flow Margin | 23.61% | 17.84% | 39.17% | 38.13% | 5.17% | 5.11% |
Free Cash Flow Per Share | 1.04 | 0.85 | 2.43 | 1.88 | 0.13 | 0.11 |
Levered Free Cash Flow | 1,355 | 604.38 | 3,005 | 1,471 | -4,935 | -294.75 |
Unlevered Free Cash Flow | 1,820 | 1,091 | 3,567 | 1,646 | -4,837 | -196.63 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 723 | 723 | 844 | 852 | 425 | 259 |
Cash Income Tax Paid | 156 | 156 | 173 | 28 | 71 | 70 |
Change in Working Capital | 668 | 364 | 3,118 | 2,337 | 89 | -6 |