SH Group (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
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	5.39	-15.21	-11	11.73
Depreciation & Amortization	3.45	3.52	3.51	3.56
Loss (Gain) From Sale of Investments	-3.31	4.65	4.26	9.15
Provision & Write-off of Bad Debts	5.52	1.32	1.72	-0.03
Other Operating Activities	3.6	-1.65	-7.08	-7.08
Change in Accounts Receivable	147.92	-72.65	-132.11	29.65
Change in Accounts Payable	-73.44	33.17	18.23	-7.32
Change in Unearned Revenue	0.25	-44.13	-5.89	-8.14
Change in Other Net Operating Assets	-0.85	-28.41	10.85	14.9
Operating Cash Flow	88.52	-119.39	-117.51	46.42
Operating Cash Flow Growth	-	-	-	-66.56%
Capital Expenditures	-0.01	-0.32	-0.53	-0.36
Investment in Securities	0.57	68.54	-52.85	-17.37
Other Investing Activities	2.49	3.6	3.16	2.59
Investing Cash Flow	3.04	71.83	-50.22	-15.14
Short-Term Debt Issued	-	40	-	-
Total Debt Issued	-	40	-	-
Short-Term Debt Repaid	-35	-5	-	-
Long-Term Debt Repaid	-2.48	-1.94	-2.4	-2.09
Total Debt Repaid	-37.48	-6.94	-2.4	-2.09
Net Debt Issued (Repaid)	-37.48	33.06	-2.4	-2.09
Common Dividends Paid	-	-	-18	-15.6
Other Financing Activities	-1.2	-2.22	-0.05	-0.09
Financing Cash Flow	-38.68	30.84	-20.44	-17.78
Net Cash Flow	52.89	-16.73	-188.18	13.5
Free Cash Flow	88.51	-119.71	-118.04	46.06
Free Cash Flow Growth	-	-	-	-66.77%
Free Cash Flow Margin	14.55%	-13.66%	-12.37%	6.12%
Free Cash Flow Per Share	0.22	-0.30	-0.29	0.12
Cash Interest Paid	1.2	2.22	0.05	0.09
Cash Income Tax Paid	-3.93	0.87	-	8.32
Levered Free Cash Flow	87.42	-116.32	-96.67	40.4
Unlevered Free Cash Flow	88.16	-114.94	-96.64	40.46
Change in Working Capital	73.88	-112.02	-108.92	29.09