Kingboard Holdings Limited (KBHLD) cash flow statement

HKSE · Basic Materials · Chemicals - Specialty · 34,000 employees · CEO Chang Wing Yiu

Price: HK$44.76 +1.68%
Market cap: HK$50.2B
Enterprise value: HK$69.7B
Last report: Q2 '26 filed 2026-06-30
Next report: 2027-03-22

In Q2 '26 Kingboard Holdings Limited (KBHLD) generated HK$2.47B of operating cash flow, invested HK$0 in capital expenditure and kept HK$2.47B of free cash flow. Over the last two half-years free cash flow was HK$2.87B.

Cash flow

Cash flow	Q4 '20	Q2 '21	Q4 '21	Q2 '22	Q4 '22	Q2 '23	Q4 '23	Q2 '24	Q4 '24	Q2 '25	Q4 '25	Q2 '26
Operating
Net income	HK$3.64B	HK$5.06B	HK$5.72B	HK$2.41B	HK$1.25B	HK$1.39B	HK$2.06B	HK$1.51B	HK$123M	HK$2.58B	HK$1.82B	HK$2.71B
Depreciation & amortization	HK$890M	HK$871M	HK$1.08B	HK$940M	HK$951M	HK$997M	HK$992M	HK$956M	HK$1.04B	HK$1.12B	HK$1.27B	HK$1.32B
Stock-based compensation	HK$0	HK$0	HK$0	HK$0	HK$125M	HK$0	HK$124M	HK$0	HK$0	HK$0	HK$0	HK$0
Deferred income tax	HK$0	HK$0	HK$0	HK$0	-HK$6.55B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Change in working capital	HK$3.03B	HK$0	-HK$6.23B	HK$0	HK$4.52B	HK$0	HK$102M	HK$0	-HK$628M	HK$0	-HK$3.82B	HK$0
Other non-cash items	-HK$915M	-HK$680M	HK$2.87B	HK$2.03B	HK$6.99B	HK$691M	HK$946M	-HK$2.78B	HK$5.55B	-HK$3.09B	HK$4.86B	-HK$1.56B
Operating cash flow	HK$6.65B	HK$3.51B	HK$7.51B	HK$3.5B	HK$7.29B	HK$1.08B	HK$4.23B	-HK$318M	HK$6.08B	HK$606M	HK$4.13B	HK$2.47B
Investing
Capital expenditure	-HK$1.62B	HK$0	-HK$3.77B	HK$0	-HK$5.04B	HK$0	-HK$4.02B	HK$0	HK$0	HK$0	-HK$3.92B	HK$0
Acquisitions	HK$1.47B	HK$0	HK$0	HK$0	-HK$2.8B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$487M	HK$0
Purchases of investments	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	-HK$757M	HK$0
Sales / maturities of investments	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$163M	HK$0
Other investing	HK$100M	HK$69.7M	-HK$2.31B	-HK$2.28B	HK$4.79B	-HK$5.2B	HK$982M	-HK$888M	-HK$625M	-HK$3.57B	HK$3.85B	-HK$15.6B
Investing cash flow	-HK$3.68B	HK$69.7M	-HK$7.26B	-HK$2.28B	-HK$3.56B	-HK$5.2B	-HK$3.04B	-HK$888M	-HK$625M	-HK$3.57B	-HK$178M	-HK$15.6B
Financing
Net debt issued / repaid	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$1.07B	HK$0
Share buybacks	-HK$15.8M	HK$0	HK$0	HK$0	HK$0	HK$0	-HK$11.9M	HK$0	HK$0	HK$0	HK$0	HK$0
Dividends	-HK$662M	HK$0	-HK$1.42B	HK$0	-HK$3.33B	HK$0	-HK$1.16B	HK$0	-HK$1.08B	HK$0	-HK$1.51B	HK$0
Other financing (incl. tax on vested shares)	-HK$5.22B	-HK$5.29B	HK$3.15B	HK$99.4M	HK$3.6M	HK$2.16B	-HK$366M	HK$1.16B	-HK$3.64B	HK$2.19B	-HK$3.71B	HK$21B
Financing cash flow	-HK$2.93B	-HK$5.29B	HK$1.92B	HK$99.4M	-HK$3.32B	HK$2.16B	-HK$1.54B	HK$1.16B	-HK$4.73B	HK$2.19B	-HK$4.16B	HK$21B
Summary
FX effect on cash	HK$324M	HK$6.57B	HK$122M	HK$5.51B	-HK$305M	HK$6.69B	-HK$297M	-HK$10.1M	-HK$882M	-HK$2.21M	HK$562M	HK$0
Net change in cash	-HK$435M	-HK$1.71B	HK$658M	HK$1.31B	-HK$3.43M	-HK$1.97B	-HK$639M	HK$4.05B	-HK$4.05B	HK$3.11B	HK$361M	HK$11.3B
Free cash flow (OCF - capex)	HK$5.03B	HK$3.51B	HK$3.74B	HK$3.5B	HK$2.24B	HK$1.08B	HK$208M	-HK$318M	HK$2.01B	HK$606M	HK$399M	HK$2.47B

Cash flow	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Operating
Net income	HK$7.24B	HK$8.37B	HK$9.12B	HK$5.12B	HK$7.94B	HK$15.6B	HK$6.78B	HK$2.06B	HK$2.72B	HK$4.4B
Depreciation & amortization	HK$1.96B	HK$1.76B	HK$1.97B	HK$1.93B	HK$1.69B	HK$1.95B	HK$1.89B	HK$1.99B	HK$1.99B	HK$2.38B
Stock-based compensation	HK$20.9M	HK$3.14M	HK$0	HK$229M	HK$0	HK$0	HK$125M	HK$124M	HK$0	HK$0
Deferred income tax	-HK$3.7B	-HK$2.27B	HK$0	-HK$1.17B	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Change in working capital	HK$5.4B	-HK$7.75B	-HK$5.05B	HK$551M	HK$241M	-HK$5.12B	HK$2.06B	HK$102M	-HK$1.06B	-HK$3.82B
Other non-cash items	HK$198M	HK$31.7M	-HK$2.59B	HK$631M	-HK$367M	-HK$2.9B	-HK$273M	HK$1.03B	HK$2.11B	-HK$3.78M
Operating cash flow	HK$11.1B	HK$145M	HK$3.45B	HK$7.29B	HK$9.5B	HK$9.5B	HK$10.6B	HK$5.31B	HK$5.76B	HK$2.96B
Investing
Capital expenditure	-HK$643M	-HK$2.46B	-HK$2.74B	-HK$2.8B	-HK$1.67B	-HK$3.92B	-HK$5.29B	-HK$4.14B	-HK$4.22B	-HK$3.92B
Acquisitions	-HK$448M	HK$697M	-HK$1.63B	-HK$1.45B	HK$289M	-HK$43.2M	-HK$2.8B	HK$0	HK$0	HK$487M
Purchases of investments	-HK$12.6B	-HK$10.1B	-HK$12B	-HK$3.09B	-HK$4.45B	-HK$3.15B	-HK$476M	-HK$5.58B	HK$0	-HK$757M
Sales / maturities of investments	HK$8.61B	HK$11.6B	HK$7.55B	HK$3.6B	HK$7.1B	HK$2.01B	HK$2.52B	HK$107M	HK$2.31B	HK$163M
Other investing	HK$942M	-HK$38.5M	HK$497M	HK$175M	HK$1.49B	-HK$913M	HK$712M	HK$1.37B	HK$399M	HK$36.9M
Investing cash flow	-HK$4.11B	-HK$270M	-HK$8.34B	-HK$3.55B	HK$2.76B	-HK$6.01B	-HK$5.33B	-HK$8.24B	-HK$1.51B	-HK$3.99B
Financing
Net debt issued / repaid	-HK$3.85B	HK$2.22B	HK$8.27B	-HK$3.13B	-HK$7.23B	HK$1.15B	HK$1.35B	HK$3.2B	-HK$1.18B	HK$1.07B
Share buybacks	HK$0	HK$0	HK$0	-HK$39.1M	-HK$44.9M	HK$0	HK$0	-HK$11.9M	HK$0	HK$0
Dividends	-HK$615M	-HK$1.68B	-HK$2.26B	-HK$1.06B	-HK$1.21B	-HK$2.52B	-HK$3.33B	-HK$1.16B	-HK$1.08B	-HK$1.51B
Other financing (incl. tax on vested shares)	-HK$759M	HK$491M	-HK$1.76B	-HK$1.06B	-HK$4.16B	-HK$3.34B	-HK$1.79B	-HK$1.4B	-HK$1.3B	-HK$594M
Financing cash flow	-HK$5.22B	HK$1.53B	HK$4.46B	-HK$4.87B	-HK$12.3B	-HK$4.67B	-HK$3.77B	HK$622M	-HK$3.56B	-HK$1.04B
Summary
FX effect on cash	-HK$159M	HK$235M	-HK$214M	-HK$77.7M	HK$324M	HK$122M	-HK$305M	-HK$297M	-HK$882M	HK$1.64B
Net change in cash	HK$1.62B	HK$1.64B	-HK$640M	-HK$1.22B	HK$312M	-HK$1.06B	HK$1.18B	-HK$2.61B	-HK$194M	-HK$422M
Free cash flow (OCF - capex)	HK$10.5B	-HK$2.32B	HK$713M	HK$4.49B	HK$7.83B	HK$5.58B	HK$5.29B	HK$1.18B	HK$1.54B	-HK$954M

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in HKD.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Share count and EPS

quarterly, diluted

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02