Lee & Man Paper Manufacturing Limited (HKG:2314)
Hong Kong · Delayed Price · Currency is HKD 3.940
+0.090 (2.34%)
Aug 21, 2026, 4:08 PM HKT
HKG:2314 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 | 2,503 | 1,941 | 1,358 | 1,153 | 1,459 | 3,794 |
Depreciation & Amortization | 326.53 | 260.18 | 263.3 | 174.55 | 191.5 | 165.25 |
Loss (Gain) From Sale of Assets | -30.73 | -30.73 | 15.66 | 4.05 | 9.32 | 57.08 |
Loss (Gain) on Equity Investments | -10.39 | -10.39 | -10.68 | -1.72 | -0.03 | 1.18 |
Provision & Write-off of Bad Debts | -0.13 | -0.13 | -3.09 | 20.29 | -7.53 | 15.83 |
Other Operating Activities | -836.64 | -416.04 | -652.03 | -490.49 | -592.9 | -730.98 |
Change in Accounts Receivable | 161.87 | 161.87 | -1,634 | -1,807 | 236.7 | -1,155 |
Change in Inventory | 952.02 | 952.02 | 1,699 | 1,258 | 1,374 | 265.91 |
Change in Accounts Payable | 674.13 | 674.13 | -609.03 | -250.91 | 1,039 | 372.81 |
Change in Other Net Operating Assets | -12.52 | -12.52 | -1.83 | 92.53 | -1.69 | 5.1 |
Operating Cash Flow | 3,727 | 3,520 | 425.93 | 151.37 | 3,708 | 2,792 |
Operating Cash Flow Growth | 148.09% | 726.37% | 181.38% | -95.92% | 32.80% | -17.47% |
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 |
Capital Expenditures | -2,666 | -1,899 | -2,704 | -3,420 | -4,715 | -3,305 |
Sale of Property, Plant & Equipment | 46.99 | 35.1 | 44.73 | 44.16 | 11.47 | 61.86 |
Cash Acquisitions | - | - | - | - | - | -391.28 |
Divestitures | - | - | - | - | - | 113.16 |
Sale (Purchase) of Real Estate | -1.05 | -0.95 | -0.54 | -0.41 | -0.17 | -0.19 |
Investment in Securities | 8.24 | 8.16 | 3.36 | -25.33 | 11.66 | - |
Other Investing Activities | 83.99 | 81.79 | 10.71 | -265.39 | -2.11 | 14.33 |
Investing Cash Flow | -2,528 | -1,775 | -2,646 | -3,667 | -4,695 | -3,507 |
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 | - | 18,024 | 16,722 | 25,036 | 18,891 | 16,680 |
Long-Term Debt Repaid | - | -19,247 | -14,027 | -22,067 | -16,670 | -14,017 |
Net Debt Issued (Repaid) | -700.75 | -1,223 | 2,695 | 2,970 | 2,221 | 2,663 |
Repurchase of Common Stock | - | - | -82.19 | -217.23 | -495.28 | -81.09 |
Common Dividends Paid | -682.91 | -476.75 | -573.78 | -351.63 | -886.6 | -1,563 |
Other Financing Activities | 354.01 | 359.25 | 195.1 | 835.69 | 216.14 | 414.77 |
Financing Cash Flow | -1,030 | -1,341 | 2,235 | 3,236 | 1,055 | 1,434 |
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 | 76.93 | 16.34 | -10.35 | -1.85 | -178.61 | 4.46 |
Net Cash Flow | 246.8 | 420.55 | 4.03 | -281.17 | -110.5 | 723.89 |
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 |
Free Cash Flow | 1,061 | 1,621 | -2,278 | -3,269 | -1,008 | -512.81 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 3.63% | 6.08% | -8.77% | -13.11% | -3.45% | -1.58% |
Free Cash Flow Per Share | 0.25 | 0.38 | -0.53 | -0.76 | -0.23 | -0.12 |
Levered Free Cash Flow | -934.68 | 205.5 | -2,071 | -2,834 | -1,933 | -3,327 |
Unlevered Free Cash Flow | -816.23 | 340.09 | -1,867 | -2,660 | -1,856 | -3,280 |
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 | 732.67 | 732.67 | 932.15 | 827.17 | 361.26 | 189.05 |
Cash Income Tax Paid | 197.04 | 197.04 | 238.37 | 172.12 | 190.43 | 553.01 |
Change in Working Capital | 1,775 | 1,775 | -545.54 | -707.91 | 2,648 | -510.87 |