Kingdom Holdings Limited (HKG:0528)

Kingdom Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	62.37	-45.38	163.61	175.7	88.22
Depreciation & Amortization	98.1	105.42	106.66	109.7	93.97
Loss (Gain) From Sale of Assets	0.3	4.93	2.76	10.61	0.47
Loss (Gain) on Equity Investments	0.15	0.92	-	-	-
Provision & Write-off of Bad Debts	-0.3	-2.84	4.57	-0.59	-1.42
Other Operating Activities	-133.89	164.62	42.89	78.05	69.92
Change in Accounts Receivable	94.84	24.43	-136.66	87.05	-135.47
Change in Inventory	392.4	-350.71	-349.35	-85.1	168.01
Change in Accounts Payable	215.08	-132.96	220.56	73.18	95.06
Change in Other Net Operating Assets	-26.6	10.86	15.01	1.58	-19.93
Operating Cash Flow	702.43	-220.7	70.04	450.18	358.84
Operating Cash Flow Growth	-	-	-84.44%	25.45%	-
Capital Expenditures	-46.37	-51.45	-91.22	-49.89	-118.57
Sale of Property, Plant & Equipment	0.48	8.93	7.11	7.34	4.16
Divestitures	-	18.1	-8.1	20.36	15
Sale (Purchase) of Real Estate	-	-	-5.13	-	-
Investment in Securities	-	-5.54	-	-	-
Other Investing Activities	3	-17.37	-	-2.39	-17.15
Investing Cash Flow	-42.9	-47.33	-97.35	-24.58	-116.55
Long-Term Debt Issued	1,031	1,357	1,080	970.62	1,188
Long-Term Debt Repaid	-1,286	-1,203	-963.88	-1,105	-1,318
Net Debt Issued (Repaid)	-254.22	154.28	116.11	-134.23	-130.52
Common Dividends Paid	-25.6	-51.76	-51.82	-32.35	-
Other Financing Activities	-40.97	-41.14	-49.89	-37.81	-19.72
Financing Cash Flow	-320.79	61.38	14.4	-204.38	-150.24
Foreign Exchange Rate Adjustments	-6.82	-17.28	0.25	-2.96	-9.72
Net Cash Flow	331.92	-223.94	-12.66	218.26	82.33
Free Cash Flow	656.06	-272.15	-21.18	400.29	240.28
Free Cash Flow Growth	-	-	-	66.59%	-
Free Cash Flow Margin	24.51%	-10.58%	-0.87%	19.81%	13.35%
Free Cash Flow Per Share	1.06	-0.44	-0.03	0.65	0.39
Cash Interest Paid	39.76	41.14	37.89	38.81	43.17
Cash Income Tax Paid	7.13	53.11	66.47	42.81	2.1
Levered Free Cash Flow	585.85	-253.83	-139.45	291.18	190.91
Unlevered Free Cash Flow	610.7	-228.16	-116.45	312.34	215.31
Change in Working Capital	675.7	-448.38	-250.44	76.71	107.68

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