Sterling Group Holdings Limited (HKG:1825)

Sterling Group Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-16.96	-6.14	-18.36	19.93	-38.85	-33.25
Depreciation & Amortization	6.45	7.07	6.46	9.17	12.91	14.67
Loss (Gain) From Sale of Assets	0.02	0.02	-0.29	-0.04	0.37	0.01
Asset Writedown & Restructuring Costs	-	-	-	0.35	0.86	0.86
Provision & Write-off of Bad Debts	4.83	4.83	25.8	2.1	37.67	7.31
Other Operating Activities	16.25	18.41	15.85	12.22	-4.42	0.65
Change in Accounts Receivable	24.78	24.78	-66.28	12.21	-7.58	-7.93
Change in Inventory	7.76	7.76	24.6	-12.8	-4.18	-1.16
Change in Accounts Payable	7.35	7.35	-4.28	-5.04	23.1	10.79
Change in Other Net Operating Assets	-0.63	-0.63	-0.3	-0.19	-0.4	-0.69
Operating Cash Flow	49.84	63.44	-16.79	37.91	19.49	-8.75
Operating Cash Flow Growth	91.27%	-	-	94.55%	-	-
Capital Expenditures	-0.25	-0.28	-1.87	-1.44	-2.47	-1.6
Sale of Property, Plant & Equipment	0	0.02	0.29	0.21	0.73	0
Other Investing Activities	0.03	10.59	-6.84	-2.48	5.84	0.37
Investing Cash Flow	-0.21	10.32	-8.42	-3.71	4.1	-1.23
Short-Term Debt Issued	-	437.08	679.33	713.88	696.12	494.8
Long-Term Debt Issued	-	-	-	-	32.4	34
Total Debt Issued	461.39	437.08	679.33	713.88	728.52	528.8
Short-Term Debt Repaid	-	-520.32	-636.38	-733.45	-768.72	-489.22
Long-Term Debt Repaid	-	-0.87	-0.97	-24.12	-7.42	-7.92
Total Debt Repaid	-515.47	-521.19	-637.34	-757.57	-776.14	-497.14
Net Debt Issued (Repaid)	-54.08	-84.11	41.99	-43.69	-47.62	31.66
Issuance of Common Stock	4.03	9.31	-	4.8	-	-
Other Financing Activities	-7.51	-11.15	-10.61	-7.07	-4.19	-5.84
Financing Cash Flow	-57.56	-85.95	31.38	-45.96	-51.81	25.82
Foreign Exchange Rate Adjustments	-0.54	-0.07	-0.06	-0.78	-2.18	0.12
Net Cash Flow	-8.47	-12.26	6.11	-12.54	-30.41	15.96
Free Cash Flow	49.59	63.16	-18.66	36.47	17.02	-10.35
Free Cash Flow Growth	93.54%	-	-	114.34%	-	-
Free Cash Flow Margin	12.94%	13.22%	-3.27%	5.85%	3.73%	-2.79%
Free Cash Flow Per Share	1.50	2.23	-0.78	1.71	0.85	-0.52
Cash Interest Paid	7.43	10.91	10.61	7.07	4.19	5.84
Cash Income Tax Paid	0.03	0.03	0.14	-	-1.85	0.01
Levered Free Cash Flow	44.44	128.87	-27.53	14.61	20.85	2.62
Unlevered Free Cash Flow	49.97	135.69	-20.9	19.02	23.47	6.39
Change in Working Capital	39.26	39.26	-46.26	-5.82	10.95	1.01

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