Pa Shun International Holdings Limited (HKG:0574)

HKG:0574 Cash Flow Statement

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

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	-59.8	-15.31	2.35	-43.38	-330.4	-418.45
Depreciation & Amortization	2.59	3.08	3.28	3.57	6.29	6.95
Other Amortization	8.18	8.18	-1.2	0.98	57.17	102.37
Loss (Gain) From Sale of Assets	-	-	-	-	-	-5.91
Asset Writedown & Restructuring Costs	4.51	4.51	9.34	17	135.89	7.22
Loss (Gain) From Sale of Investments	-	-	-	-	26.14	6.09
Provision & Write-off of Bad Debts	-3.81	-3.81	-20.24	4.07	41.12	236.62
Other Operating Activities	56.32	4.18	15.87	10.15	49.69	71.36
Change in Accounts Receivable	6.19	6.19	3.01	-3.69	-19.78	-5.97
Change in Inventory	-30.57	-30.57	-0.47	1.05	7.71	-3.15
Change in Accounts Payable	-13.91	-13.91	2.3	9.32	-5.13	-2.9
Change in Other Net Operating Assets	35.78	35.78	-56.99	-1.4	9.4	-5.84
Operating Cash Flow	5.49	-1.68	-42.75	-2.32	-21.9	-11.6
Capital Expenditures	-0.1	-0.1	-0.07	-0.03	-0.22	-0.08
Divestitures	-	-	-	-	-	-5.2
Investment in Securities	-	-	-	3	15	3
Other Investing Activities	-0.5	0.01	0	0.01	10.19	-0.15
Investing Cash Flow	-0.6	-0.09	-0.07	2.98	24.97	-2.43
Short-Term Debt Issued	-	11.38	7.68	5	16.68	15.09
Long-Term Debt Issued	-	6.62	49.64	3.52	-	-
Total Debt Issued	20.31	18	57.31	8.52	16.68	15.09
Short-Term Debt Repaid	-	-7.9	-4.5	-7.99	-8	-6
Long-Term Debt Repaid	-	-8.5	-2.19	-0.91	-12.65	-2.3
Total Debt Repaid	-25.9	-16.4	-6.69	-8.9	-20.65	-8.3
Net Debt Issued (Repaid)	-5.59	1.6	50.63	-0.38	-3.97	6.8
Other Financing Activities	-0.38	-0.38	6.8	-0.65	-2.1	-3.62
Financing Cash Flow	-5.97	1.23	57.42	-1.02	-6.07	3.17
Foreign Exchange Rate Adjustments	-0	-0	-0	-0.01	0	-0.01
Net Cash Flow	-1.07	-0.54	14.61	-0.37	-2.99	-10.86
Free Cash Flow	5.39	-1.78	-42.82	-2.35	-22.12	-11.68
Free Cash Flow Margin	6.24%	-2.05%	-33.08%	-3.27%	-25.75%	-2.46%
Free Cash Flow Per Share	0.00	-0.00	-0.03	-0.00	-0.01	-0.01
Cash Interest Paid	0.38	0.38	0.5	0.65	2.1	3.62
Cash Income Tax Paid	0.67	0.67	0.04	1.83	-1.01	0.12
Levered Free Cash Flow	30.42	-24.22	-49.28	20.97	192.32	455.26
Unlevered Free Cash Flow	38.41	-14.97	-41.2	27.55	198.88	462.46
Change in Working Capital	-2.51	-2.51	-52.15	5.29	-7.8	-17.85

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