Kin Shing Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	-9.46	-43.81	11.89	-12.5	2.63	Upgrade
Depreciation & Amortization	9.04	13.26	15.39	18.71	15.13	Upgrade
Loss (Gain) From Sale of Assets	0.19	-	-	-	-	Upgrade
Loss (Gain) From Sale of Investments	-20.52	16.66	-0.56	-1.8	-	Upgrade
Provision & Write-off of Bad Debts	13.9	40.72	-0.15	1.64	-0.22	Upgrade
Other Operating Activities	-2.5	-3.27	0.35	7.23	3.95	Upgrade
Change in Accounts Receivable	2.99	-95.36	-2.84	-21.13	-19.29	Upgrade
Change in Accounts Payable	-71.7	98.91	6.62	-16.81	17.27	Upgrade
Change in Unearned Revenue	1.9	0.88	26.57	12.03	4.97	Upgrade
Operating Cash Flow	-76.15	27.98	57.26	-12.63	24.44	Upgrade
Operating Cash Flow Growth	-	-51.14%	-	-	-45.08%	Upgrade
Capital Expenditures	-0.54	-12.19	-8.98	-4.76	-22.39	Upgrade
Sale of Property, Plant & Equipment	0.32	-	-	-	-	Upgrade
Investment in Securities	-	-	-34.62	-30.27	-	Upgrade
Other Investing Activities	6.3	6.26	2.72	0.29	0.82	Upgrade
Investing Cash Flow	6.09	-5.93	-40.88	-34.74	-21.58	Upgrade
Short-Term Debt Issued	10.69	-	0.25	-	-	Upgrade
Total Debt Issued	10.69	-	0.25	-	-	Upgrade
Short-Term Debt Repaid	-	-0.06	-	-0.21	-1.21	Upgrade
Long-Term Debt Repaid	-1.27	-2.85	-2.29	-2.32	-2.46	Upgrade
Total Debt Repaid	-1.27	-2.91	-2.29	-2.53	-3.67	Upgrade
Net Debt Issued (Repaid)	9.42	-2.91	-2.03	-2.53	-3.67	Upgrade
Other Financing Activities	-0.25	-0.28	-0.32	-0.3	-0.1	Upgrade
Financing Cash Flow	9.17	-3.19	-2.35	-2.83	-3.77	Upgrade
Net Cash Flow	-60.89	18.86	14.03	-50.2	-0.9	Upgrade
Free Cash Flow	-76.69	15.79	48.28	-17.38	2.05	Upgrade
Free Cash Flow Growth	-	-67.30%	-	-	-94.12%	Upgrade
Free Cash Flow Margin	-8.73%	1.27%	10.17%	-2.89%	0.39%	Upgrade
Free Cash Flow Per Share	-0.05	0.01	0.03	-0.01	0.00	Upgrade
Cash Interest Paid	0.25	0.28	0.32	0.3	0.1	Upgrade
Cash Income Tax Paid	-	-	-0.05	-4.52	-0.48	Upgrade
Levered Free Cash Flow	-59.07	21.9	34.42	3.89	-14.33	Upgrade
Unlevered Free Cash Flow	-57.23	23.77	36.31	5.77	-12.58	Upgrade
Change in Working Capital	-66.81	4.43	30.35	-25.9	2.95	Upgrade

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