Raymond Industrial Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	45.22	67.87	30.5	41.96
Depreciation & Amortization	26.94	26.59	31.58	33.47
Loss (Gain) From Sale of Assets	0.03	0.36	0.02	0.07
Asset Writedown & Restructuring Costs	2.9	23.59	0.42	0.6
Other Operating Activities	-20.5	-17.7	-16.8	-1.8
Change in Accounts Receivable	18.3	-69.65	146.04	1.16
Change in Inventory	13.18	51.84	21.47	-41.71
Change in Accounts Payable	-14.2	8.85	-76.32	-14.66
Operating Cash Flow	71.88	91.75	136.91	19.09
Operating Cash Flow Growth	-21.66%	-32.99%	617.24%	-76.11%
Capital Expenditures	-37.93	-40.51	-20.1	-32.19
Sale of Property, Plant & Equipment	0.17	1.67	0.09	0.23
Other Investing Activities	17.24	15.18	3.46	0.45
Investing Cash Flow	-20.53	-23.66	-16.55	-31.51
Issuance of Common Stock	-	-	0.09	4.62
Common Dividends Paid	-70.16	-35.11	-30.05	-40.04
Financing Cash Flow	-70.16	-35.11	-29.96	-35.42
Foreign Exchange Rate Adjustments	0.52	0.05	-0.81	0.75
Net Cash Flow	-18.29	33.04	89.58	-47.09
Free Cash Flow	33.95	51.24	116.8	-13.1
Free Cash Flow Growth	-33.75%	-56.13%	-	-
Free Cash Flow Margin	3.16%	3.76%	10.99%	-0.91%
Free Cash Flow Per Share	0.07	0.10	0.23	-0.03
Cash Income Tax Paid	5.36	9.81	4.56	9.18
Levered Free Cash Flow	23.48	22.55	117.17	-33.85
Unlevered Free Cash Flow	23.48	22.55	117.17	-33.85
Change in Working Capital	17.28	-8.97	91.2	-55.21

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