SF Real Estate Investment Trust (HKG:2191)
Hong Kong · Delayed Price · Currency is HKD 2.560
+0.010 (0.39%)
Sep 10, 2026, 4:08 PM HKT
HKG:2191 Cash Flow Statement
Financials in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 127.65 | -332.32 | -294.53 | 219.47 | 439.67 | 261.41 |
Depreciation & Amortization | 2.06 | 2.19 | 2.11 | 2.18 | 1.57 | 1.49 |
Other Amortization | 0.9 | 0.9 | 1.68 | 0.77 | 0.74 | 0.62 |
Asset Writedown | 610.27 | 610.27 | 614.44 | -55.01 | -301.23 | -121.26 |
Change in Accounts Receivable | -26.23 | -26.23 | -17.68 | -46.21 | -3.66 | 28.51 |
Change in Accounts Payable | -5.33 | -5.33 | 29.24 | 30.74 | -34.95 | -31.41 |
Change in Other Net Operating Assets | -31.94 | -31.94 | -77.51 | -56.8 | -104.93 | -84.39 |
Other Operating Activities | -449.54 | 40.34 | -8.44 | 150.73 | 166.55 | 108.18 |
Operating Cash Flow | 227.84 | 257.87 | 249.3 | 245.87 | 163.77 | 163.16 |
Operating Cash Flow Growth | -9.25% | 3.44% | 1.40% | 50.13% | 0.38% | -23.70% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Acquisition of Real Estate Assets | -1.29 | -1.67 | -12.49 | -4.6 | -2.35 | -3.22 |
Net Sale / Acq. of Real Estate Assets | -1.29 | -1.67 | -12.49 | -4.6 | -2.35 | -3.22 |
Cash Acquisition | - | - | - | - | -247.91 | -2,133 |
Investment in Marketable & Equity Securities | -22.97 | 30.02 | -40.02 | - | - | - |
Other Investing Activities | 78.17 | 95.66 | 89.29 | 98.06 | 63.16 | 35.85 |
Investing Cash Flow | 53.91 | 124.02 | 36.77 | 93.46 | -187.09 | -2,101 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 59.34 | - | - | 261.89 | - |
Total Debt Issued | 331.43 | 59.34 | - | - | 261.89 | 2,882 |
Long-Term Debt Repaid | - | -108.91 | -46.07 | -80.07 | -41.24 | - |
Total Debt Repaid | -333.31 | -108.91 | -46.07 | -80.07 | -41.24 | -4,083 |
Net Debt Issued (Repaid) | -1.88 | -49.57 | -46.07 | -80.07 | 220.65 | -1,201 |
Issuance of Common Stock | - | - | - | - | - | 3,884 |
Common Dividends Paid | -216 | -211.09 | -232.13 | -229.68 | -247.3 | - |
Other Financing Activities | -90.16 | -97.1 | -104.18 | -113.1 | -72.22 | -150.1 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 1.96 | 1.31 | -0.44 | -0.37 | -1.13 | 0.61 |
Net Cash Flow | -24.33 | 25.45 | -96.75 | -83.89 | -123.32 | 596.18 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Levered Free Cash Flow | 132.8 | 186.27 | 105.32 | 117.87 | 132.75 | -242.96 |
Unlevered Free Cash Flow | 180.61 | 238.68 | 176.79 | 188.32 | 177.75 | -222.31 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 79.72 | 88.56 | 107.46 | 113.1 | 72.22 | 32.64 |
Cash Income Tax Paid | 23.6 | 18.01 | 13.39 | 13.31 | 8.48 | 4.93 |
Change in Working Capital | -63.5 | -63.5 | -65.96 | -72.27 | -143.54 | -87.28 |