Hung Hing Printing Group 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	-43.36	135.16	66.04	51.95
Depreciation & Amortization	131.13	124.42	129.2	129.22
Loss (Gain) From Sale of Assets	2.37	-131.04	-60.68	5.11
Asset Writedown & Restructuring Costs	0.14	-	-	-
Loss (Gain) From Sale of Investments	-9.65	-4.06	0.29	-3.43
Loss (Gain) on Equity Investments	-0.78	0.93	2.74	0.36
Stock-Based Compensation	0.78	2.89	5.7	5.97
Provision & Write-off of Bad Debts	2.2	5.56	11.3	-0.21
Other Operating Activities	-94.87	-20.52	-39.72	-28.96
Change in Accounts Receivable	62.18	2.55	292.28	-105.7
Change in Inventory	57.12	146.87	194.22	-268.4
Change in Accounts Payable	-20.29	10.25	-150.11	52.53
Operating Cash Flow	88.04	277.57	455.95	-161.57
Operating Cash Flow Growth	-68.28%	-39.12%	-	-
Capital Expenditures	-57.68	-262.52	-168.54	-174.28
Sale of Property, Plant & Equipment	3.62	2.69	15.62	4.3
Cash Acquisitions	-	-12.05	-	-
Sale (Purchase) of Intangibles	-0.89	-1.34	-1.43	-2.36
Investment in Securities	75.69	-46.42	132.34	83.71
Other Investing Activities	15.74	79.13	18.73	95.7
Investing Cash Flow	36.49	-240.51	-3.28	7.07
Long-Term Debt Issued	-	-	112.86	437.89
Long-Term Debt Repaid	-81.92	-81.02	-125.05	-379.28
Net Debt Issued (Repaid)	-81.92	-81.02	-12.2	58.61
Common Dividends Paid	-72.63	-72.63	-72.63	-72.63
Other Financing Activities	-4.63	-9.48	-4.8	1.51
Financing Cash Flow	-204.57	-208.51	-135.01	-66.99
Foreign Exchange Rate Adjustments	-2.33	-1.73	-11.82	9.78
Net Cash Flow	-82.37	-173.18	305.84	-211.7
Free Cash Flow	30.36	15.05	287.4	-335.85
Free Cash Flow Growth	101.70%	-94.76%	-	-
Free Cash Flow Margin	1.38%	0.63%	9.74%	-9.52%
Free Cash Flow Per Share	0.03	0.02	0.32	-0.37
Cash Interest Paid	4.63	9.48	4.8	2.68
Cash Income Tax Paid	81.49	21.19	-3.77	23.79
Levered Free Cash Flow	70.86	-42.79	487.98	-355.43
Unlevered Free Cash Flow	73.7	-36.93	490.88	-353.6
Change in Working Capital	99.01	159.66	336.38	-321.58

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