Tongda Group Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	120.36	-3,942	-1,230	137.29	228.2
Depreciation & Amortization	265.04	644.81	797.23	899.85	853.52
Loss (Gain) From Sale of Assets	-5.25	-77.01	11.08	-402.03	1.21
Asset Writedown & Restructuring Costs	1.84	1,983	5.34	2.33	5.91
Loss (Gain) From Sale of Investments	-11.5	-13.54	-5.04	-	-
Loss (Gain) on Equity Investments	-	13.13	-0.51	30.27	30.34
Stock-Based Compensation	-3.84	11.63	1.81	3.64	-
Provision & Write-off of Bad Debts	13.06	39.92	9.31	12.39	0.7
Other Operating Activities	69.15	581.35	322.92	219.67	17.43
Change in Accounts Receivable	72.39	34.36	-221.86	837.72	-326.47
Change in Inventory	23.59	-23.65	588.04	73.39	-993.12
Change in Accounts Payable	-346.32	601.23	-178.75	-1,122	564.91
Change in Other Net Operating Assets	1.84	560.92	-118.34	29.06	34.3
Operating Cash Flow	200.35	681.11	7.01	743.44	408.3
Operating Cash Flow Growth	-70.58%	9612.09%	-99.06%	82.08%	-70.77%
Capital Expenditures	-208.71	-400.06	-285.6	-659.2	-882.31
Sale of Property, Plant & Equipment	15.55	2.15	36.38	13.41	8.84
Cash Acquisitions	-	-51.7	-	-	-
Divestitures	-	1,759	249.38	134.29	-
Investment in Securities	-26.44	-194.87	-316.73	-	-
Other Investing Activities	-63.75	-184.24	-58.87	162.62	-346.76
Investing Cash Flow	-283.34	930	-375.44	-348.89	-1,220
Long-Term Debt Issued	861.37	1,267	2,505	3,277	3,495
Long-Term Debt Repaid	-826.31	-3,306	-2,536	-3,598	-3,542
Net Debt Issued (Repaid)	35.06	-2,039	-31.3	-320.85	-46.93
Issuance of Common Stock	-	-	-	6.84	749.39
Other Financing Activities	-88.99	-127.67	706.09	-	-6.04
Financing Cash Flow	-53.93	-2,167	674.79	-314.01	696.42
Foreign Exchange Rate Adjustments	50.46	-51	-62.03	-243.69	129.24
Net Cash Flow	-86.45	-606.88	244.33	-163.15	13.74
Free Cash Flow	-8.36	281.05	-278.59	84.23	-474.01
Free Cash Flow Margin	-0.16%	5.03%	-4.27%	1.06%	-5.03%
Free Cash Flow Per Share	-0.04	1.44	-1.43	0.43	-3.00
Cash Interest Paid	49.8	96.62	196.78	165.18	134.74
Cash Income Tax Paid	17.55	75.9	67.29	81.68	62.95
Levered Free Cash Flow	-261.68	2,514	-398.33	54.47	-733.01
Unlevered Free Cash Flow	-230.56	2,574	-275.35	157.71	-686.96
Change in Working Capital	-248.51	1,173	69.09	-181.39	-720.37

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