Tristate Holdings Limited (HKG:0458)
Hong Kong · Delayed Price · Currency is HKD 1.945
+0.215 (12.43%)
Oct 2, 2026, 2:33 PM HKT
Tristate Holdings Cash Flow Statement
Financials in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 146.95 | 125.08 | 156.02 | 171.23 | 30.77 | 21.13 |
Depreciation & Amortization | 201.97 | 222.37 | 250.49 | 241.11 | 205.8 | 202.57 |
Loss (Gain) From Sale of Assets | 6.51 | 4.14 | -17.74 | 0.81 | -7.35 | 2.18 |
Asset Writedown & Restructuring Costs | -76.61 | -82.44 | 22.38 | 52.23 | 35.98 | 49.98 |
Loss (Gain) From Sale of Investments | -0.01 | -0.01 | - | - | - | - |
Stock-Based Compensation | 0.68 | 0.68 | 0.72 | 0.74 | 0.73 | 0.73 |
Provision & Write-off of Bad Debts | 1.35 | 3.24 | 6.65 | 0.92 | 0.92 | -0.38 |
Other Operating Activities | -13.44 | 48.41 | 126.91 | 77.46 | 196.88 | 78.7 |
Change in Accounts Receivable | 41.26 | -19.31 | 109.26 | -77.83 | -57.06 | -153.5 |
Change in Inventory | -37.98 | 73.47 | -100.76 | 70.44 | -408.41 | -152.26 |
Change in Accounts Payable | 56.47 | -8.19 | -115.47 | 7.16 | 93.2 | 125.86 |
Change in Other Net Operating Assets | -115.7 | -130.42 | -101.62 | -72.78 | -30.75 | 23.7 |
Operating Cash Flow | 211.45 | 237.01 | 336.85 | 471.49 | 60.72 | 198.7 |
Operating Cash Flow Growth | -52.05% | -29.64% | -28.56% | 676.56% | -69.44% | -7.91% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -86.54 | -90.15 | -95.45 | -98.05 | -89.95 | -49.68 |
Sale of Property, Plant & Equipment | 0.19 | 0.29 | 23.74 | 0.66 | 1.07 | 0.66 |
Cash Acquisitions | -0.24 | - | - | - | - | - |
Divestitures | - | - | - | - | 4.97 | - |
Investment in Securities | - | - | -5.92 | - | - | - |
Other Investing Activities | 2.4 | 3.66 | 2.37 | 4.4 | 0.52 | 33.88 |
Investing Cash Flow | -84.19 | -86.2 | -75.26 | -92.99 | -83.38 | -15.14 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 296.48 | 256.18 | 291.25 | 555.54 | 282.08 |
Total Debt Issued | 220.37 | 296.48 | 256.18 | 291.25 | 555.54 | 282.08 |
Short-Term Debt Repaid | - | -296.48 | -288.93 | -365.51 | -490.56 | -298.74 |
Long-Term Debt Repaid | - | -109.43 | -133.6 | -109.74 | -89.62 | -100.12 |
Lease Payments | -106.33 | -109.43 | -133.6 | -109.74 | -89.62 | -100.12 |
Total Debt Repaid | -316.2 | -405.91 | -422.52 | -475.25 | -580.17 | -398.86 |
Net Debt Issued (Repaid) | -95.83 | -109.43 | -166.35 | -183.99 | -24.64 | -116.78 |
Issuance of Common Stock | 0.36 | 0.76 | 0.72 | - | - | - |
Common Dividends Paid | -46.49 | -46.49 | -68.15 | -16.3 | - | - |
Other Financing Activities | -16.76 | -14.02 | -16.47 | -17.13 | -15.24 | -11.05 |
Financing Cash Flow | -158.73 | -169.18 | -250.25 | -217.42 | -39.88 | -127.83 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 3.02 | 22.07 | -8.3 | 1.56 | -14.81 | -2.56 |
Net Cash Flow | -28.45 | 3.7 | 3.04 | 162.64 | -77.35 | 53.17 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 124.91 | 146.86 | 241.39 | 373.44 | -29.23 | 149.02 |
Free Cash Flow Growth | -64.17% | -39.16% | -35.36% | - | - | -9.75% |
Free Cash Flow Margin | 3.58% | 4.05% | 5.77% | 8.86% | -0.78% | 4.91% |
Free Cash Flow Per Share | 0.45 | 0.53 | 0.88 | 1.38 | -0.11 | 0.55 |
Levered Free Cash Flow | 182.57 | 149.37 | 269.08 | 353.18 | 57.35 | 169.06 |
Unlevered Free Cash Flow | 209.83 | 184.78 | 307.7 | 393.29 | 94.33 | 188.11 |
Free Cash Flow After Leases | 18.58 | 37.43 | 107.8 | 263.71 | -118.85 | 48.9 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 12.21 | 11.35 | 13.16 | 13.72 | 15.24 | 11.05 |
Cash Income Tax Paid | 83.16 | 86.48 | 72.88 | 118.12 | 45.94 | 18.41 |
Change in Working Capital | -55.94 | -84.45 | -208.59 | -73.01 | -403.01 | -156.2 |