Victory Securities (Holdings) Company Limited (HKG:8540)
Hong Kong · Delayed Price · Currency is HKD 4.380
+0.065 (1.51%)
Sep 3, 2026, 3:52 PM HKT
HKG:8540 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 | 11.78 | 60.36 | -3.14 | -24.97 | -24.16 | 15.11 |
Depreciation & Amortization, Total | 4.82 | 3.39 | 4.84 | 5.01 | 5.25 | 4.46 |
Gain (Loss) On Sale of Investments | -16.72 | -16.72 | -2.31 | -0.02 | 4.09 | 4.92 |
Stock-Based Compensation | 3.08 | 3.08 | 0.52 | 0.92 | 2.42 | - |
Change in Accounts Receivable | 105.88 | 105.88 | -218.58 | 40.38 | 117.45 | -1.92 |
Change in Accounts Payable | -14.3 | -14.3 | 131.2 | 9.73 | -30.19 | -87.69 |
Change in Other Net Operating Assets | 19.48 | 19.48 | -7.4 | -1.12 | 1.14 | -13.23 |
Other Operating Activities | -57.82 | 7.3 | 7.73 | 1.6 | 4.32 | 10.35 |
Operating Cash Flow | 32.12 | 144.4 | -87.15 | 42.07 | 108.17 | -61.18 |
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 | -3.7 | -0.83 | -0.38 | -0.16 | -0.99 | -0.87 |
Cash Acquisitions | -2.51 | - | -0.02 | -0.04 | - | - |
Sale (Purchase) of Intangibles | - | - | -6.2 | -0.22 | -0.22 | -0.16 |
Investment in Securities | 15.06 | 15.06 | - | -0.58 | -6.09 | -7 |
Other Investing Activities | 3.41 | 2.55 | 0.67 | -1.49 | 0.14 | 0.4 |
Investing Cash Flow | 12.3 | 16.83 | -5.93 | -2.49 | -7.09 | -7.63 |
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 | - | 721.5 | 407 | 426.5 | 677.5 | 5,551 |
Total Debt Issued | 631.5 | 721.5 | 407 | 426.5 | 677.5 | 5,551 |
Long-Term Debt Repaid | - | -776.39 | -350.5 | -471.61 | -759.07 | -5,472 |
Lease Payments | -1.61 | -0.82 | -1.9 | -2.03 | -2.17 | -1.66 |
Total Debt Repaid | -689.68 | -776.39 | -350.5 | -471.61 | -759.07 | -5,472 |
Net Debt Issued (Repaid) | -58.18 | -54.89 | 56.5 | -45.11 | -81.57 | 78.94 |
Issuance of Common Stock | 7.12 | 10.36 | 18.8 | 0.74 | - | - |
Repurchase of Common Stock | - | - | - | - | - | -8.19 |
Common Dividends Paid | -6.47 | -6.47 | -1.16 | -3.71 | -4.83 | -5.57 |
Other Financing Activities | -8.44 | -9.37 | -1.82 | -5.67 | -4.36 | -4.94 |
Financing Cash Flow | -65.97 | -60.36 | 72.32 | -53.75 | -90.76 | 60.24 |
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 | 0.15 | 0.2 | -0.35 | -0.21 | -0.85 | 0.16 |
Net Cash Flow | -21.4 | 101.07 | -21.1 | -14.39 | 9.48 | -8.4 |
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 | 28.42 | 143.57 | -87.52 | 41.9 | 107.18 | -62.05 |
Free Cash Flow Growth | - | - | - | -60.90% | - | - |
Free Cash Flow After Leases | 26.81 | 142.75 | -89.42 | 39.87 | 105.01 | -63.71 |
Free Cash Flow After Leases Growth | - | - | - | -62.03% | - | - |
Free Cash Flow Margin | 16.46% | 70.55% | -126.84% | 86.17% | 157.57% | -68.57% |
Free Cash Flow Per Share | 0.14 | 0.73 | -0.46 | 0.23 | 0.58 | -0.33 |
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 | 5.58 | 5.58 | 6.07 | 6.39 | 4.87 | 6.74 |
Cash Income Tax Paid | - | -1.02 | - | - | 0.77 | 4.87 |