Sincere Watch (Hong Kong) Limited (HKG:0444)

Sincere Watch (Hong Kong) Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Operating Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net Income	-216.72	-196.9	-274.5	-156.82	-210.3	-142.32
Depreciation & Amortization	0.56	6.91	26.61	30.89	39.75	52.17
Loss (Gain) From Sale of Assets	-0.8	-0.8	-	-	-	-
Asset Writedown & Restructuring Costs	46.25	46.25	96.52	85.8	171.12	67.03
Loss (Gain) From Sale of Investments	-0.08	-0.08	0.14	-1.39	-5.73	-17.81
Provision & Write-off of Bad Debts	2.63	2.63	-0.97	0.65	-0.21	9.9
Other Operating Activities	68.27	37.65	54.86	26.35	-28.17	26.59
Change in Accounts Receivable	3.45	3.45	-9.69	-4.18	-20.45	2.07
Change in Inventory	108.23	108.23	59.77	23.95	38.86	51.22
Change in Accounts Payable	0.91	0.91	55.07	9.28	-34.3	-98.38
Change in Unearned Revenue	-0.13	-0.13	3.21	0.06	0.05	-1.27
Change in Other Net Operating Assets	-	-	-	-	-1.66	-4.78
Operating Cash Flow	12.56	8.12	11.01	14.59	-51.97	-57.02
Operating Cash Flow Growth	54.80%	-26.30%	-24.52%	-	-	-

Investing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Capital Expenditures	5.14	-2.95	-19.76	-7.9	-18.06	-5.98
Sale of Property, Plant & Equipment	0.8	0.8	-	-	-	-
Cash Acquisitions	-	-	-	-	0	-
Sale (Purchase) of Real Estate	-14.04	-11.54	-	-	-	-
Investment in Securities	-	-	-	3.96	-	59.46
Other Investing Activities	-7.09	9.57	2.87	0.59	-17.51	0.72
Investing Cash Flow	-19.43	-8.48	-7.3	-3.35	-35.57	54.2

Financing Activities

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Short-Term Debt Issued	-	-	-	15	65	15
Long-Term Debt Issued	-	184.2	49.71	99.42	91.86	-
Total Debt Issued	121.82	184.2	49.71	114.42	156.86	15
Long-Term Debt Repaid	-	-184.38	-64.06	-125.2	-27.44	-40.6
Total Debt Repaid	-140.54	-184.38	-64.06	-125.2	-27.44	-40.6
Net Debt Issued (Repaid)	-18.72	-0.19	-14.34	-10.78	129.42	-25.6
Other Financing Activities	-20.15	-17.75	-20.81	-19.2	-8.66	-6.12
Financing Cash Flow	-38.86	-17.94	-35.15	-29.98	120.76	-31.72

Net Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Foreign Exchange Rate Adjustments	-15.64	-9.01	11.67	-0.86	13.97	-3.63
Net Cash Flow	-61.38	-27.31	-19.77	-19.6	47.19	-38.16

Free Cash Flow

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Free Cash Flow	17.71	5.16	-8.75	6.69	-70.03	-63
Free Cash Flow Growth	242.87%	-	-	-	-	-
Free Cash Flow Margin	24.89%	4.11%	-8.91%	4.50%	-51.36%	-24.07%
Free Cash Flow Per Share	0.00	0.00	-0.00	0.00	-0.01	-0.01
Levered Free Cash Flow	62.11	45.32	85.83	10.72	-33.86	-49.15
Unlevered Free Cash Flow	82.63	59.57	98.52	23.91	-27.94	-42.04

Additional Metrics

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash Interest Paid	20.26	18.08	21.36	19.2	8.66	6.12
Cash Income Tax Paid	-	-0.01	1.59	0.57	0.08	1.93
Change in Working Capital	112.46	112.46	108.37	29.11	-17.5	-51.15

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2024

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:

Jul 30, 2026

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