China Rare Earth Holdings Limited (CREQF)

China Rare Earth Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-104.92	-200.55	-373.3	24.27	19.71
Depreciation & Amortization	29.17	33.9	38.3	35.64	36.37
Loss (Gain) From Sale of Assets	-0.29	-5.72	-0.4	-0.33	-1.3
Asset Writedown & Restructuring Costs	21.83	-	-	-	-
Stock-Based Compensation	-	9.06	0.96	-	-
Provision & Write-off of Bad Debts	-4.17	4.94	15.24	5.53	14.27
Other Operating Activities	11.07	53.02	-27.7	11.37	41.08
Change in Accounts Receivable	-185.59	8.48	8.68	-62.18	-184.79
Change in Inventory	-75.87	-82.87	125.79	-8.53	-108.31
Change in Accounts Payable	-5.2	11.22	-13.91	28.49	-3.82
Change in Other Net Operating Assets	1.22	-1.27	-4.16	80.79	338.98
Operating Cash Flow	-312.75	-169.78	-230.5	115.06	152.19
Operating Cash Flow Growth	-	-	-	-24.40%	-
Capital Expenditures	-	-0.02	-6.96	-90.2	-5.1
Sale of Property, Plant & Equipment	0.53	-	1.03	0.44	16.83
Divestitures	-	32.76	-	-	-
Other Investing Activities	2.01	2.86	4.87	5.86	5.18
Investing Cash Flow	2.54	35.61	-1.06	-83.91	16.91
Long-Term Debt Repaid	-0.4	-0.37	-0.35	-0.82	-1.18
Total Debt Repaid	-0.4	-0.37	-0.35	-0.82	-1.18
Net Debt Issued (Repaid)	-0.4	-0.37	-0.35	-0.82	-1.18
Other Financing Activities	-0.04	-0.31	-0.3	-0.46	-0.44
Financing Cash Flow	-0.44	-0.68	-0.65	-1.27	-1.62
Foreign Exchange Rate Adjustments	-22.84	-18.09	-135.25	49.7	93.83
Net Cash Flow	-333.5	-152.94	-367.45	79.58	261.3
Free Cash Flow	-312.75	-169.79	-237.45	24.85	147.09
Free Cash Flow Growth	-	-	-	-83.10%	-
Free Cash Flow Margin	-41.33%	-24.75%	-29.30%	2.05%	13.22%
Free Cash Flow Per Share	-0.13	-0.07	-0.10	0.01	0.06
Cash Interest Paid	0.04	0.31	0.3	0.46	0.44
Cash Income Tax Paid	-	0.13	4.89	6.17	4
Levered Free Cash Flow	-264.55	-52.87	-20.89	-2.8	104.82
Unlevered Free Cash Flow	-264.53	-52.68	-20.7	-2.51	105.09
Change in Net Working Capital	240.29	-41.29	-190.12	-39.34	-64.83

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