Glory Sun Land Group Limited (HKG:0299)

Glory Sun Land Group Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-428.5	-1,476	-601.33	-787.05	334.62	-735.14
Depreciation & Amortization	0.55	2.39	6.42	21.11	34.75	58.33
Loss (Gain) From Sale of Assets	-56.03	-56.03	156.17	0.03	-399.2	0.12
Asset Writedown & Restructuring Costs	1,625	1,625	151.4	247.46	-24.75	525.35
Loss (Gain) From Sale of Investments	270.11	270.11	65.55	12.67	23.73	83.77
Other Operating Activities	-1,588	-388.53	206.79	470.36	66.13	351.71
Change in Accounts Receivable	-227.88	-227.88	157.01	50.89	-214.81	-508.9
Change in Inventory	23.68	23.68	170.08	605.3	-1,454	-1,971
Change in Accounts Payable	356.05	356.05	228.81	44.3	1,153	-579.23
Change in Unearned Revenue	94.48	94.48	-450.57	292.31	2,138	1,089
Operating Cash Flow	70.24	223.81	90.33	957.39	1,742	-2,144
Operating Cash Flow Growth	-68.62%	147.79%	-90.56%	-45.05%	-	-

Investing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Capital Expenditures	-1.86	-5.4	-0.45	-8.19	-34.64	-27.23
Sale of Property, Plant & Equipment	0.05	0.05	0	0.06	0.1	0.5
Cash Acquisitions	-	-	-	-	-0.55	-299.75
Divestitures	-	0.03	12.74	132	178.02	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.13	-1.72
Sale (Purchase) of Real Estate	-0.17	-0.33	-38.22	-1.06	182.05	-295.84
Investment in Securities	-	-	-	3.95	-	303.88
Other Investing Activities	16.13	25.67	128.19	-104.67	188.43	210.8
Investing Cash Flow	14.14	20.02	102.25	22.08	513.28	-109.37

Financing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Debt Issued	-	-	-	1.43	180	879
Long-Term Debt Issued	-	650.53	1,284	2,813	5,117	14,602
Total Debt Issued	758.5	650.53	1,284	2,815	5,297	15,481
Short-Term Debt Repaid	-	-	-	-75.01	-374	-1,211
Long-Term Debt Repaid	-	-849.85	-1,434	-3,679	-6,991	-10,886
Total Debt Repaid	-687.76	-849.85	-1,434	-3,754	-7,365	-12,097
Net Debt Issued (Repaid)	70.74	-199.32	-150.1	-939.4	-2,068	3,384
Issuance of Common Stock	-	-	-	-	272.54	-
Other Financing Activities	-138.14	-62.33	-117.03	-259.11	-805.27	-987.13
Financing Cash Flow	-67.4	-261.65	-267.13	-1,199	-2,600	2,397

Net Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Foreign Exchange Rate Adjustments	-21.68	-2.76	9.98	-33.93	-49.24	-41.95
Net Cash Flow	-4.69	-20.58	-64.57	-252.98	-394.11	101.38

Free Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Free Cash Flow	68.38	218.42	89.87	949.2	1,708	-2,172
Free Cash Flow Growth	-68.69%	143.03%	-90.53%	-44.42%	-	-
Free Cash Flow Margin	-	56.61%	7.47%	58.68%	31.03%	-32.09%
Free Cash Flow Per Share	0.63	2.00	0.82	8.69	16.36	-23.86
Levered Free Cash Flow	-732.15	1,030	1,973	2,136	1,200	-3,580
Unlevered Free Cash Flow	-548.28	1,201	2,057	2,252	1,278	-3,519

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash Interest Paid	138.14	62.33	117.03	259.11	805.27	989.48
Cash Income Tax Paid	-	-0.78	35.31	67.77	159.74	228.65
Change in Working Capital	246.34	246.34	105.33	992.8	1,622	-1,970

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 9, 2026

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