Hi Sun Technology (China) 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	-121.55	157.61	463.43	939.42	3,522
Depreciation & Amortization	66.86	72.17	128.02	169.15	266.68
Other Amortization	-	-	-	-	0.04
Loss (Gain) From Sale of Assets	-	-93.43	-3.38	-432.09	-0.2
Asset Writedown & Restructuring Costs	-	0.09	20.84	0.03	2.33
Loss (Gain) From Sale of Investments	-	150.11	6.46	7.01	-3,043
Loss (Gain) on Equity Investments	-	-213.16	-402.95	-398.53	-352.33
Stock-Based Compensation	-	2.15	15.04	-	-
Provision & Write-off of Bad Debts	-	49.64	56.51	104.1	113.95
Other Operating Activities	-459.1	-137.01	-89.05	-302.25	184.73
Change in Accounts Receivable	-	-23.37	-12.43	-14.63	30.65
Change in Inventory	-	-3.29	-3.23	-33.38	-59.09
Change in Accounts Payable	-	-950.73	2,632	576.25	-153.36
Change in Other Net Operating Assets	-	506.39	-1,605	-1,058	-1,323
Operating Cash Flow	-513.78	-482.84	1,206	79.61	-743.19
Operating Cash Flow Growth	-	-	1414.69%	-	-
Capital Expenditures	-	-26.21	-32.49	-55.09	-163.66
Sale of Property, Plant & Equipment	-	0.23	0.52	0.15	3.74
Cash Acquisitions	-	-	-	-	-14.95
Divestitures	-	29.97	-0.23	40.49	-
Sale (Purchase) of Intangibles	-	-8.55	-	-8.53	-5.81
Investment in Securities	-	224.59	-225.73	-31.8	-
Other Investing Activities	91.11	-146.65	219.36	173.13	312.28
Investing Cash Flow	91.11	73.38	-38.57	118.34	131.6
Short-Term Debt Issued	-	116.74	97.07	921.69	2.41
Total Debt Issued	-	116.74	97.07	921.69	2.41
Short-Term Debt Repaid	-	-75.1	-367.89	-583.19	-
Long-Term Debt Repaid	-	-34.49	-31.91	-26.44	-30.19
Total Debt Repaid	-	-109.59	-399.79	-609.63	-30.19
Net Debt Issued (Repaid)	-	7.15	-302.73	312.06	-27.77
Repurchase of Common Stock	-	-6.84	-9.83	-30	-
Other Financing Activities	311.37	-	-850.86	-48.51	128.13
Financing Cash Flow	311.37	0.31	-1,163	233.54	100.36
Foreign Exchange Rate Adjustments	90.73	-61.59	-59.35	-189.29	59.06
Net Cash Flow	-20.58	-470.73	-55.49	242.21	-452.17
Free Cash Flow	-513.78	-509.05	1,173	24.52	-906.85
Free Cash Flow Growth	-	-	4686.07%	-	-
Free Cash Flow Margin	-24.25%	-21.75%	43.31%	0.71%	-21.68%
Free Cash Flow Per Share	-0.19	-0.18	0.43	0.01	-0.33
Cash Interest Paid	-	1.9	3.76	1.62	2.19
Cash Income Tax Paid	-	6.93	25.95	84.18	75.1
Levered Free Cash Flow	-604.06	-495.8	402.93	351.36	-204.18
Unlevered Free Cash Flow	-601.73	-494.62	405.28	388.78	-160.07
Change in Working Capital	-	-470.99	1,011	-530.01	-1,505

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.