Tai Cheung Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	52	62.8	74.9	-20	2.9	-28.2
Depreciation & Amortization	10.8	10.7	10.7	12	14.1	14
Loss (Gain) From Sale of Assets	-	-	-	-	-	0.1
Loss (Gain) From Sale of Investments	-21.3	-21.3	8.7	19.7	15.4	1.1
Loss (Gain) on Equity Investments	-52.7	-52.7	-56.1	-10	-19.4	-9.5
Other Operating Activities	-83	-45.8	-61.4	-46.2	-60.3	-23.3
Change in Accounts Receivable	-16	-16	-5.5	-6.6	0.3	2.7
Change in Inventory	-281.6	-281.6	-90.4	-84.6	-70.2	-1,293
Change in Accounts Payable	64.4	64.4	41.1	-10.9	16.9	-41.8
Change in Other Net Operating Assets	-11	-11	-23.4	-5.2	-10	1.6
Operating Cash Flow	-338.4	-290.5	-101.4	-151.8	-110.3	-1,376
Capital Expenditures	-2.3	-1.8	-0.5	-0.3	-0.3	-0.9
Investment in Securities	-	24.6	84	-70.1	-14	-
Other Investing Activities	85	71.2	60.3	35.2	9.4	52
Investing Cash Flow	82.7	94	143.8	-35.2	-4.9	51.2
Long-Term Debt Issued	-	52.4	23.2	4.5	59.7	-
Long-Term Debt Repaid	-	-11.1	-98.4	-19.4	-124.5	-89
Net Debt Issued (Repaid)	3.5	41.3	-75.2	-14.9	-64.8	-89
Common Dividends Paid	-148.2	-148.2	-148.2	-148.2	-148.2	-148.2
Financing Cash Flow	-144.7	-106.9	-223.4	-163.1	-213	-237.2
Foreign Exchange Rate Adjustments	-	-	-	-	0.1	-
Net Cash Flow	-400.4	-303.4	-181	-350.1	-328.1	-1,562
Free Cash Flow	-340.7	-292.3	-101.9	-152.1	-110.6	-1,377
Free Cash Flow Margin	-790.49%	-811.94%	-83.73%	-229.41%	-83.85%	-1865.99%
Free Cash Flow Per Share	-0.55	-0.47	-0.17	-0.25	-0.18	-2.23
Cash Interest Paid	6	4.9	2.9	8.7	5.8	9.9
Cash Income Tax Paid	1.1	1	0.5	0.4	0.1	-6.4
Levered Free Cash Flow	-328.41	-232.81	-94.69	-109.95	-106.13	-1,326
Unlevered Free Cash Flow	-328.1	-232.44	-94.06	-108.95	-104.19	-1,320
Change in Working Capital	-244.2	-244.2	-78.2	-107.3	-63	-1,330

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