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).

1113 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 Asset Holdings Limited (1113), the free cash flow value is 22.17B.

All amounts in HKD

Operating Cash
25.36B
Capital Expenditure
-3.19B
Free Cash Flow
22.17B

CK Asset 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).

1113 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for CK Asset Holdings Limited (HKEX:1113).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income21.48B16.83B29.68B40.66B
Depreciation3.52B3.44B2.19B1.77B
Change To Netincome-420M1.69B867M-15.46B
Change To Account Receivables3.98B-3.55B-1.26B548M
Change To Liabilities-173M3.9B-16.95B-1.13B
Change To Inventory-5.33B3.67B21.04B-9.8B
Change To Operating Activities2.31B-1.69B6.35B-2.62B
Total Cash From Operating Activities25.36B24.3B41.91B13.97B
Capital Expenditures-3.19B-1.32B-4.22B-5.03B
Investments-693M-22M508M-12.46B
Other Cashflows From Investing Activities932M1.47B3.03B2.49B
Total Cashflows From Investing Activities-3.77B-7.26B-14.84B-805M
Dividends Paid-7.11B-7.63B-7.74B-7.01B
Net Borrowings9.72B-3.66B-12.08B-1.76B
Other Cashflows From Financing Activities-2.59B-2.59B-2.92B-2.75B
Total Cash From Financing Activities-17.81B-19.38B-22.75B-11.76B
Effect Of Exchange Rate573M1.12B-302M-357M
Change In Cash4.35B-1.23B4.02B1.05B
Repurchase Of Stock-19.54B-11.67B-11.67B-232M
Issuance Of Stock1.72B6.17B6.17B6.17B