Man Shun Group (Holdings) 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	-2.51	-6.86	0.68	0.24	-2.23
Depreciation & Amortization	1.75	1.77	2.12	2.04	1.85
Loss (Gain) From Sale of Assets	-	-0.17	0.01	-	-0.01
Provision & Write-off of Bad Debts	-0.17	3.65	1.76	-0.13	-
Other Operating Activities	-1.01	-2.71	-2.99	-0.58	-0.07
Change in Accounts Receivable	22.39	7.83	8.47	-13.67	-9.19
Change in Inventory	-1.54	1.43	0.88	-0.25	-2.86
Change in Accounts Payable	1.45	-4.75	8.22	-7.39	7.52
Operating Cash Flow	20.36	0.19	19.16	-19.74	-4.99
Operating Cash Flow Growth	10446.63%	-98.99%	-	-	-
Capital Expenditures	-0.1	-0.58	-0.19	-0.55	-0.09
Sale of Property, Plant & Equipment	-	0.18	0.03	-	0.01
Investment in Securities	-	-	-	35	20
Other Investing Activities	1.2	2.35	6.29	0.95	0.12
Investing Cash Flow	1.1	1.94	6.14	35.4	20.04
Long-Term Debt Repaid	-1.42	-1.39	-1.44	-1.84	-1.79
Total Debt Repaid	-1.42	-1.39	-1.44	-1.84	-1.79
Net Debt Issued (Repaid)	-1.42	-1.39	-1.44	-1.84	-1.79
Other Financing Activities	-0.06	-0.09	-0.07	-0.06	-0.08
Financing Cash Flow	-1.49	-25.48	-1.51	-1.9	-1.87
Net Cash Flow	19.97	-23.35	23.79	13.76	13.19
Free Cash Flow	20.25	-0.39	18.97	-20.29	-5.07
Free Cash Flow Margin	20.75%	-0.29%	12.40%	-16.22%	-4.17%
Free Cash Flow Per Share	0.02	-	0.02	-0.02	-0.01
Cash Interest Paid	0.06	0.09	0.07	0.06	0.08
Cash Income Tax Paid	-0.2	0.14	-	-	-
Levered Free Cash Flow	18.8	-1.47	17.07	-22.33	-2.76
Unlevered Free Cash Flow	18.84	-1.42	17.11	-22.29	-2.7
Change in Working Capital	22.3	4.51	17.58	-21.3	-4.53