Neo-Concept International Group Holdings Limited (NCI)

NCI Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	8.69	8.06	4.41	12.4	5.45	-3.33
Depreciation & Amortization	3.95	2.17	0.15	0.15	0.29	0.32
Other Adjustments	0.88	1.99	1.46	-	-	0.36
Change in Receivables	8.96	-3.08	-23.39	19.37	-29.74	-42.56
Changes in Inventories	-0.45	1.68	-4.09	-0.62	0.65	-0.85
Changes in Accounts Payable	-	-	-10.43	-74.18	32.55	52.06
Changes in Accrued Expenses	1.93	4.09	1.17	0.92	-0.08	-0.05
Changes in Income Taxes Payable	0.37	-0.54	-3.97	3	1.74	0.14
Changes in Other Operating Activities	0.52	-13.94	-14.33	-3.8	-0.59	0.19
Operating Cash Flow	25.58	0.43	-49.01	-42.76	10.27	6.28
Operating Cash Flow Growth	-	-	-	-	63.44%	-
Capital Expenditures	-6.94	-4.14	-1.28	-0.07	-0.08	-0.12
Purchases of Intangible Assets	-	-15.02	-	-	-	-
Other Investing Activities	-1.87	-	-	-	-	-
Investing Cash Flow	-23.84	-19.17	-1.28	-0.07	-0.08	-0.12
Short-Term Debt Issued	115.46	222.5	115.02	508.72	243.09	188.4
Short-Term Debt Repaid	-143.27	-226.15	-168.6	-452.38	-220.37	-188.63
Net Short-Term Debt Issued (Repaid)	-27.8	-3.65	-53.58	56.34	22.72	-0.24
Issuance of Common Stock	-	65.64	-	-	-	-
Net Common Stock Issued (Repurchased)	-	65.64	-	-	-	-
Common Dividends Paid	-	-	-	-	-0.27	-
Other Financing Activities	23.8	-40.1	101.13	-6.34	-31.64	-6.24
Financing Cash Flow	-4	21.89	47.55	50	-9.19	-6.48
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.54	0.16	-	-	-	-
Net Cash Flow	-2.1	3.15	-2.74	7.16	1.01	-0.31
Free Cash Flow	18.64	-3.72	-50.29	-42.83	10.19	6.17
Free Cash Flow Growth	-	-	-	-	65.24%	-
FCF Margin	8.60%	-1.58%	-28.87%	-12.33%	4.24%	3.38%
Free Cash Flow Per Share	-	-0.19	-2.79	-11.90	2.83	1.71
Levered Free Cash Flow	-19.72	-6.27	-81.95	-5.86	62.66	48.13
Unlevered Free Cash Flow	38.8	-5.81	-28.41	-62.03	35.99	47.89

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q