China Wantian Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	-41.99	-60.83	-27.73	-10.96
Depreciation & Amortization	18.63	17.02	10.43	5.87
Loss (Gain) From Sale of Assets	-42.47	-0.04	-0.08	-0.13
Asset Writedown & Restructuring Costs	-2.36	53.48	-	-
Loss (Gain) From Sale of Investments	0.61	-	-	-
Loss (Gain) on Equity Investments	-	-	0.02	0.08
Stock-Based Compensation	8.05	5.28	5.89	-
Provision & Write-off of Bad Debts	16.29	2.82	4.35	5.36
Other Operating Activities	-1	-41.18	9.46	0.59
Change in Accounts Receivable	-23.51	11.44	-14.54	-6.62
Change in Inventory	-0.04	-1.74	-2.59	0.17
Change in Accounts Payable	13.3	-13.3	3.25	-1.78
Change in Unearned Revenue	1.96	-	-	-
Change in Other Net Operating Assets	-16.13	-13.72	1.01	0.07
Operating Cash Flow	-68.67	-40.76	-10.53	-7.34
Capital Expenditures	-18.86	-11.46	-12.14	-2.36
Sale of Property, Plant & Equipment	0.54	0.04	-	0.13
Cash Acquisitions	-	-	0.06	-
Investment in Securities	58.96	-1.35	0.26	-
Other Investing Activities	3.8	-24.39	-0.54	0.05
Investing Cash Flow	44.44	-37.17	-12.36	-2.18
Long-Term Debt Issued	-	-	13	-
Total Debt Issued	-	-	13	-
Short-Term Debt Repaid	-3.6	-	-10.27	-19.77
Long-Term Debt Repaid	-13.15	-	-3.08	-0.25
Total Debt Repaid	-16.74	-29.28	-13.35	-20.02
Net Debt Issued (Repaid)	-16.74	-29.28	-0.35	-20.02
Issuance of Common Stock	46.71	159.8	8.44	37.7
Other Financing Activities	-0.31	-12.01	0.28	-0.63
Financing Cash Flow	29.65	118.51	8.37	17.05
Foreign Exchange Rate Adjustments	0.48	1.04	-0.03	-
Net Cash Flow	5.9	41.62	-14.54	7.53
Free Cash Flow	-87.53	-52.22	-22.66	-9.7
Free Cash Flow Margin	-11.10%	-20.18%	-11.21%	-7.60%
Free Cash Flow Per Share	-0.04	-0.03	-0.01	-0.01
Cash Interest Paid	1.68	1.45	0.94	0.64
Cash Income Tax Paid	2.71	1.76	0.13	0.11
Levered Free Cash Flow	-49.03	-	-2.84	-6.1
Unlevered Free Cash Flow	-47.98	-	-2.13	-5.7
Change in Working Capital	-24.42	-17.31	-12.86	-8.17

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