Mingfa Group (International) Company Limited (HKG:0846)
Hong Kong · Delayed Price · Currency is HKD 0.0810
+0.0050 (6.58%)
Sep 3, 2026, 3:04 PM HKT
HKG:0846 Cash Flow Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. 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 | -1,336 | -1,227 | -1,791 | -467.13 | 47.96 | 1,883 |
Depreciation & Amortization | 156.72 | 187.83 | 179.29 | 173.3 | 162.05 | 197.65 |
Loss (Gain) From Sale of Assets | -144.85 | -144.85 | 236.15 | 23.8 | -0.42 | -177.34 |
Asset Writedown & Restructuring Costs | 1,034 | 1,034 | 1,367 | 878.06 | -477.33 | -292.54 |
Loss (Gain) From Sale of Investments | - | - | - | 28.96 | -143.68 | - |
Loss (Gain) on Equity Investments | 31.37 | 31.37 | 2.51 | -201.57 | 92.2 | 23.14 |
Provision & Write-off of Bad Debts | 26.52 | 26.52 | 139.33 | 145.41 | 30.13 | 144.82 |
Other Operating Activities | 539.18 | -70.67 | 792.08 | 245.2 | 293.86 | 585.71 |
Change in Accounts Receivable | 418.44 | 418.44 | -245.98 | -1,410 | 32.88 | -375.06 |
Change in Inventory | 2,313 | 2,313 | 3,224 | 475.8 | 2,554 | 3,314 |
Change in Accounts Payable | -1,418 | -1,418 | 742.5 | 2,785 | 1,538 | 1,678 |
Change in Unearned Revenue | -1,673 | -1,673 | -3,323 | -2,870 | -3,449 | -4,785 |
Change in Other Net Operating Assets | 129.19 | 129.19 | -84.16 | -266.32 | -611.64 | -1,187 |
Operating Cash Flow | 76.44 | -393.66 | 1,238 | -459.13 | 69.96 | 1,009 |
Operating Cash Flow Growth | -87.41% | - | - | - | -93.06% | 106.16% |
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 | -33.02 | -33.02 | -3.82 | -28.14 | -329.86 | -271.28 |
Sale of Property, Plant & Equipment | 3.42 | 3.42 | 20 | 68.53 | 6.39 | 21.54 |
Cash Acquisitions | 0.62 | 0.62 | - | -37.77 | - | - |
Divestitures | - | - | - | - | - | 281.51 |
Sale (Purchase) of Real Estate | 403 | 403 | 497.22 | 132.47 | - | 51.41 |
Investment in Securities | - | - | 49.5 | -254.37 | 592.64 | 66.63 |
Other Investing Activities | -194.76 | -11.49 | 421.64 | 17.15 | -40.36 | -46.44 |
Investing Cash Flow | 179.27 | 362.53 | 984.53 | -102.15 | 228.81 | 103.36 |
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 | - | 66.25 | 151.64 | 678.04 | 523.97 | 1,457 |
Long-Term Debt Issued | - | - | 18 | 490 | 16.5 | 1,656 |
Total Debt Issued | 66.25 | 66.25 | 169.64 | 1,168 | 540.47 | 3,113 |
Short-Term Debt Repaid | - | -489.55 | -2,137 | -1,070 | -665.61 | -1,558 |
Long-Term Debt Repaid | - | -108.13 | -425.59 | -648.66 | -883.07 | -2,570 |
Lease Payments | -2.36 | -2.36 | -3.18 | -5.01 | -8.5 | -47.28 |
Total Debt Repaid | -597.68 | -597.68 | -2,563 | -1,718 | -1,549 | -4,128 |
Net Debt Issued (Repaid) | -531.43 | -531.43 | -2,393 | -550.2 | -1,008 | -1,015 |
Other Financing Activities | -7.61 | -0.63 | -397.9 | -1.52 | 138.41 | -4.32 |
Financing Cash Flow | -539.04 | -532.06 | -2,791 | -551.72 | -869.79 | -1,019 |
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 | -11.59 | -37.26 | -40.23 | 16.78 | -219.49 | -46.09 |
Net Cash Flow | -294.93 | -600.45 | -608.5 | -1,096 | -790.5 | 46.45 |
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 | 43.42 | -426.68 | 1,234 | -487.27 | -259.9 | 737.4 |
Free Cash Flow Growth | -92.80% | - | - | - | - | 92.02% |
Free Cash Flow Margin | 1.22% | -9.73% | 17.56% | -5.12% | -2.46% | 4.49% |
Free Cash Flow Per Share | 0.01 | -0.07 | 0.20 | -0.08 | -0.04 | 0.12 |
Levered Free Cash Flow | -2,602 | 101.67 | 1,947 | 965.83 | 2,439 | 1,521 |
Unlevered Free Cash Flow | -2,602 | 102.06 | 1,948 | 966.78 | 2,440 | 1,524 |
Free Cash Flow After Leases | 41.07 | -429.03 | 1,231 | -492.28 | -268.4 | 690.12 |
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 | 151.01 | 151.01 | 79.49 | 84.53 | 203.31 | 238.33 |
Cash Income Tax Paid | 172.43 | 172.43 | -165.79 | 460.47 | 865.71 | 937.46 |
Change in Working Capital | -230.66 | -230.66 | 313.12 | -1,285 | 65.18 | -1,355 |