The Sincere Company, Limited (HKG:0244)

The Sincere Company 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	-40.14	-50.48	-60.76	-91.06
Depreciation & Amortization	32.64	35.13	46.61	55.5
Loss (Gain) From Sale of Assets	-30.59	-0.22	-	-0.01
Asset Writedown & Restructuring Costs	-	-	-	2.4
Loss (Gain) From Sale of Investments	-	-	-	-0.16
Provision & Write-off of Bad Debts	-	-	-	0.01
Other Operating Activities	2.78	-19.57	-19.99	-18.99
Change in Inventory	-8.77	0.89	7.29	12.16
Change in Accounts Payable	3.44	10.11	-7.71	-10.95
Change in Unearned Revenue	0.04	0.06	-0.8	1.67
Change in Other Net Operating Assets	-16.65	9.35	-8.98	-20.97
Operating Cash Flow	-54.42	-14.86	-42.17	-64.48
Capital Expenditures	-1.22	-0.85	-1.44	-0.1
Sale of Property, Plant & Equipment	207.59	0.22	-	0.01
Investment in Securities	-	-	27.62	0.16
Other Investing Activities	0.06	73	17.88	1.88
Investing Cash Flow	206.44	72.37	44.06	1.96
Short-Term Debt Issued	35.75	97.3	473.91	-
Long-Term Debt Issued	98.8	140.46	-	-
Total Debt Issued	134.56	237.76	473.91	405.45
Short-Term Debt Repaid	-161.1	-74.66	-376.17	-
Long-Term Debt Repaid	-207.23	-226.1	-55.52	-
Total Debt Repaid	-368.33	-300.77	-431.7	-500.18
Net Debt Issued (Repaid)	-233.77	-63.01	42.21	-94.73
Issuance of Common Stock	-	-	-	122.98
Other Financing Activities	-	-	-	-6.36
Financing Cash Flow	-233.77	-63.01	42.21	21.89
Net Cash Flow	-81.75	-5.49	44.1	-40.63
Free Cash Flow	-55.63	-15.71	-43.61	-64.57
Free Cash Flow Margin	-42.37%	-10.75%	-29.76%	-38.42%
Free Cash Flow Per Share	-0.04	-0.01	-0.03	-0.05
Cash Interest Paid	23.09	26.81	27.71	30.86
Cash Income Tax Paid	-	-	0.01	0.02
Levered Free Cash Flow	-18.82	95.29	25.12	-
Unlevered Free Cash Flow	-4.38	112.08	42.48	-
Change in Working Capital	-19.1	20.28	-8.03	-12.17

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