Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

1038 Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for CK Infrastructure Holdings Limited (1038), the free cash flow value is 2.692B.

All amounts in HKD

Operating Cash
3.06B
Capital Expenditure
-363M
Free Cash Flow
2.692B

CK Infrastructure Holdings Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

1038 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for CK Infrastructure Holdings Limited (HKEX:1038).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income7.51B7.32B10.51B10.44B
Depreciation355M388M295M221M
Change To Netincome-4.77B-5.44B-7.33B-7.2B
Change To Account Receivables-133M-24M-168M-363M
Change To Liabilities87M487M388M508M
Change To Inventory-25M-9M33M33M
Change To Operating Activities15M99M-489M267M
Total Cash From Operating Activities3.06B2.83B3.24B3.88B
Capital Expenditures-363M-203M-363M-323M
Investments-1.52B1.16B2.21B-6.59B
Other Cashflows From Investing Activities6.16B6.04B5.68B10.13B
Total Cashflows From Investing Activities4.31B7B7.46B3.12B
Dividends Paid-6.82B-6.99B-6.92B-6.82B
Net Borrowings-1.22B-1.42B2.22B-3.3B
Other Cashflows From Financing Activities-44M-10M-9M-576M
Total Cash From Financing Activities-12.76B-8.42B-4.71B-10.69B
Change In Cash-5.39B1.4B5.99B-3.69B
Repurchase Of Stock-9.36B-9.36B-9.36B-9.36B
Issuance Of Stock4.68B4.68B4.68B4.68B