MS Group Holdings Limited (HKG:1451)

MS Group Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	49.39	16.28	13.81	15.41
Depreciation & Amortization	9.69	9.24	10.77	12.82
Loss (Gain) From Sale of Assets	1.82	-0.01	0.04	0.15
Loss (Gain) on Equity Investments	1.24	8.64	8.28	5.09
Stock-Based Compensation	1.98	0.39	0.98	0.89
Provision & Write-off of Bad Debts	1.77	-0.58	0.23	-0.36
Other Operating Activities	4.9	0.2	-2.87	6.65
Change in Accounts Receivable	-47.65	-16.22	3.19	3.19
Change in Inventory	2.72	-3.22	-4.86	-11.06
Change in Accounts Payable	-1.18	6.42	-7.92	-4.04
Change in Other Net Operating Assets	14.06	-5.38	1.22	4.61
Operating Cash Flow	38.74	15.76	22.87	33.37
Operating Cash Flow Growth	145.87%	-31.11%	-31.47%	-34.82%
Capital Expenditures	-15.84	-10.69	-1.83	-6.32
Sale of Property, Plant & Equipment	0.01	0.08	0.01	0.01
Cash Acquisitions	-	-	-1.94	-
Investment in Securities	-	-	-	-21.31
Other Investing Activities	3.71	4.2	1.13	0.43
Investing Cash Flow	-12.12	-6.41	-2.63	-27.19
Long-Term Debt Repaid	-4.15	-4.12	-4.21	-4.25
Total Debt Repaid	-4.15	-4.12	-4.21	-4.25
Net Debt Issued (Repaid)	-4.15	-4.12	-4.21	-4.25
Common Dividends Paid	-32	-6	-	-
Other Financing Activities	-0.97	-0.66	-0.71	-0.62
Financing Cash Flow	-37.12	-16.79	-4.91	-4.87
Foreign Exchange Rate Adjustments	-1.28	-1.06	-3.75	-
Net Cash Flow	-11.78	-8.5	11.58	1.31
Free Cash Flow	22.9	5.07	21.03	27.05
Free Cash Flow Growth	352.12%	-75.92%	-22.25%	-37.61%
Free Cash Flow Margin	5.44%	2.17%	8.09%	9.21%
Free Cash Flow Per Share	0.12	0.03	0.10	0.14
Cash Interest Paid	0.97	0.66	0.71	0.62
Cash Income Tax Paid	6.23	5.19	9.88	5.44
Levered Free Cash Flow	10.94	0.21	19.22	22.08
Unlevered Free Cash Flow	11.55	0.62	19.67	22.46
Change in Working Capital	-32.04	-18.41	-8.37	-7.29

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