Liu Chong Hing Investment Limited (HKG:0194)

Liu Chong Hing Investment Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	12.05	-837.06	-814.94	86.15	427.3
Depreciation & Amortization	55.44	104.09	104.66	102.34	75.41
Loss (Gain) From Sale of Assets	0.97	0.74	602.15	22.25	3.65
Asset Writedown & Restructuring Costs	29.84	613.1	297.48	-236.53	-379.14
Loss (Gain) From Sale of Investments	-2.26	0.3	4.13	-1.25	2.98
Loss (Gain) on Equity Investments	-93.03	46.23	-22.1	24.13	-27.37
Other Operating Activities	33.81	146.22	56.11	53.01	225.66
Change in Accounts Receivable	13.59	-55.89	-18.72	-20.48	-50.48
Change in Inventory	404.34	245.1	-28.42	-162.67	-165.95
Change in Accounts Payable	-109.3	-2.41	-5.19	-94.24	48.74
Change in Unearned Revenue	-12.5	47.43	-6.05	-0.47	8.9
Change in Other Net Operating Assets	-	-	-	-	-0.09
Operating Cash Flow	332.93	307.84	169.12	-227.75	169.61
Operating Cash Flow Growth	8.15%	82.02%	-	-	-40.51%
Capital Expenditures	-12.31	-16.7	-42.3	-42.42	-17.72
Cash Acquisitions	-	-	-425.29	-	-111.56
Sale (Purchase) of Real Estate	-0.45	14.15	-15.17	-5.2	-57.49
Investment in Securities	-117.19	-80.43	-53.4	-86.66	251.85
Other Investing Activities	158.7	3.63	3.72	5.99	18.27
Investing Cash Flow	28.76	-79.35	-532.43	-128.29	83.34
Long-Term Debt Issued	430	2,114	499.92	772	699
Short-Term Debt Repaid	-	-	-	-	-115.82
Long-Term Debt Repaid	-847.29	-1,159	-310.89	-410.05	-667.74
Total Debt Repaid	-847.29	-1,159	-310.89	-410.05	-783.56
Net Debt Issued (Repaid)	-417.29	955.35	189.03	361.95	-84.56
Common Dividends Paid	-106	-106	-117.36	-184.05	-162.79
Other Financing Activities	-127.37	-193.08	-133.81	-52.54	-21.17
Financing Cash Flow	-650.66	656.26	-62.14	125.36	-268.52
Foreign Exchange Rate Adjustments	20.62	-7.46	-14.37	-48.15	14.43
Net Cash Flow	-268.34	877.3	-439.82	-278.83	-1.15
Free Cash Flow	320.63	291.14	126.83	-270.17	151.88
Free Cash Flow Growth	10.13%	129.56%	-	-	-44.84%
Free Cash Flow Margin	30.44%	31.20%	17.32%	-37.77%	18.19%
Free Cash Flow Per Share	0.85	0.77	0.34	-0.71	0.40
Cash Interest Paid	127.37	193.08	133.81	52.54	21.17
Cash Income Tax Paid	69.2	16.98	12.37	108.09	37.54
Levered Free Cash Flow	55.49	163.74	638.07	-64.08	159.42
Unlevered Free Cash Flow	136.18	283.61	724.63	-27.05	174.12
Change in Working Capital	296.12	234.22	-58.37	-277.85	-158.88

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