Min Xin Holdings Limited (HKG:0222)

Min Xin Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	87.7	39.41	456.97	495.93
Depreciation & Amortization	2.83	2.15	1.98	1.83
Other Amortization	-	-	-	0.27
Gain (Loss) on Sale of Assets	0.03	0.01	-0	0.02
Gain (Loss) on Sale of Investments	-8.96	-0.7	-17.74	-15
Change in Accounts Receivable	-1.99	-1.46	-	-47.32
Reinsurance Recoverable	-2.74	-3.28	-6.58	-4.63
Change in Insurance Reserves / Liabilities	22.83	42.51	31.55	28.23
Change in Other Net Operating Assets	-13.29	15.48	18.96	45.2
Other Operating Activities	14.83	-40.47	32.9	5.55
Operating Cash Flow	-24.71	-16	43.45	28.36
Operating Cash Flow Growth	-	-	53.19%	135.60%
Capital Expenditures	-1.29	-1.25	-1.48	-0.98
Sale of Property, Plant & Equipment	-	-	0.02	-
Investment in Securities	398.98	-74.83	-56.44	-332.12
Other Investing Activities	-132.02	184.94	36.09	186.4
Investing Cash Flow	265.68	108.86	-21.82	-146.7
Long-Term Debt Issued	1,038	1,606	734.72	626.5
Total Debt Issued	1,038	1,606	734.72	626.5
Total Debt Repaid	-1,058	-1,443	-640.83	-549.84
Net Debt Issued (Repaid)	-19.94	162.71	93.9	76.66
Common Dividends Paid	-53.75	-71.67	-71.67	-59.73
Other Financing Activities	-0.46	-0.69	-247.23	241.84
Financing Cash Flow	-74.15	90.35	-225.01	258.78
Foreign Exchange Rate Adjustments	-7.91	-4.05	-27.52	7.54
Net Cash Flow	158.91	179.16	-230.89	147.99
Free Cash Flow	-26	-17.25	41.97	27.39
Free Cash Flow Growth	-	-	53.25%	140.70%
Free Cash Flow Margin	-9.69%	-7.06%	15.94%	11.76%
Free Cash Flow Per Share	-0.04	-0.03	0.07	0.05
Cash Interest Paid	44.27	39.84	18.57	10.44
Cash Income Tax Paid	10.49	14.62	27.9	12.05
Levered Free Cash Flow	485.48	85.01	427.56	-797.87
Unlevered Free Cash Flow	513.09	110.87	441.03	-790.6
Change in Working Capital	1.11	52.92	49.62	11.96

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.