Kingboard Laminates Holdings Limited (KBLAM) cash flow statement

HKSE · Industrials · Electrical Equipment & Parts · 11,300 employees · CEO Kwok Keung Cheung

Price: HK$36.26 +4.56%
Market cap: HK$114B
Enterprise value: HK$120B
Last report: Q2 '26 filed 2026-06-30
Next report: 2027-03-22 EPS est. HK$2.02

In Q2 '26 Kingboard Laminates Holdings Limited (KBLAM) generated HK$1.07B of operating cash flow, invested HK$0 in capital expenditure and kept HK$1.07B of free cash flow. Over the last two half-years free cash flow was HK$1.32B.

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$2.07B	HK$3.36B	HK$3.43B	HK$1.83B	HK$83.3M	HK$422M	HK$485M	HK$728M	HK$598M	HK$933M	HK$1.51B	HK$2.89B
Depreciation & amortization	HK$323M	HK$329M	HK$404M	HK$386M	HK$411M	HK$456M	HK$444M	HK$450M	HK$499M	HK$433M	HK$498M	HK$504M
Stock-based compensation	HK$0	HK$0	HK$0	HK$48M	HK$0	HK$0	HK$48.8M	HK$0	HK$0	HK$0	HK$0	HK$0
Change in working capital	-HK$598M	HK$0	-HK$3.67B	HK$0	HK$4.62B	HK$0	-HK$245M	HK$0	-HK$270M	HK$0	-HK$1.87B	HK$0
Other non-cash items	-HK$7.83M	-HK$756M	HK$739M	HK$1.04B	HK$3.38B	-HK$463M	HK$588M	-HK$875M	HK$1.09B	-HK$1.69B	HK$1.39B	-HK$2.33B
Operating cash flow	HK$1.74B	HK$2.27B	HK$3.76B	HK$2.48B	HK$3.05B	-HK$497M	HK$1.32B	HK$303M	HK$1.92B	-HK$327M	HK$1.53B	HK$1.07B
Investing
Capital expenditure	-HK$695M	HK$0	-HK$1.99B	HK$0	-HK$2.11B	HK$0	-HK$601M	HK$0	HK$0	HK$0	-HK$1.28B	HK$0
Acquisitions	HK$321M	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$74M	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$173M	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$24.9M	HK$0
Other investing	HK$1.39B	HK$161M	-HK$486M	-HK$500M	HK$278M	-HK$267M	HK$128M	-HK$159M	-HK$673M	-HK$897M	HK$897M	-HK$3.58B
Investing cash flow	HK$656M	HK$161M	-HK$2.51B	-HK$500M	-HK$1.86B	-HK$267M	-HK$472M	-HK$159M	-HK$673M	-HK$897M	-HK$456M	-HK$3.58B
Financing
Net debt issued / repaid	HK$43.5M	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$901M	HK$0
Dividends	HK$0	-HK$1.56B	-HK$6.24B	HK$0	-HK$4.68B	HK$0	-HK$1.09B	HK$0	-HK$499M	HK$0	-HK$1.93B	HK$0
Other financing (incl. tax on vested shares)	-HK$705M	-HK$2.75B	HK$4.55B	-HK$375M	HK$1.97B	HK$699M	-HK$928M	HK$591M	-HK$2.02B	HK$760M	-HK$764M	HK$3.08B
Financing cash flow	-HK$204M	-HK$4.31B	-HK$1.69B	-HK$375M	-HK$2.71B	HK$699M	-HK$2.02B	HK$591M	-HK$2.52B	HK$760M	-HK$1.68B	HK$3.08B
Summary
FX effect on cash	HK$135M	HK$4.91B	HK$229M	HK$2.86B	-HK$93.7M	HK$3.29B	-HK$26.4M	HK$0	-HK$73.5M	HK$0	HK$769M	HK$0
Net change in cash	HK$1.6B	-HK$1.88B	-HK$168M	HK$1.6B	-HK$1.18B	-HK$64.9M	-HK$1.2B	HK$2.76B	-HK$2.76B	HK$1.46B	HK$167M	HK$2.2B
Free cash flow (OCF - capex)	HK$1.04B	HK$2.27B	HK$1.77B	HK$2.48B	HK$942M	-HK$497M	HK$720M	HK$303M	HK$1.63B	-HK$327M	HK$252M	HK$1.07B

Cash flow	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Operating
Net income	HK$4.35B	HK$3.76B	HK$3.25B	HK$2.4B	HK$2.8B	HK$6.78B	HK$1.91B	HK$907M	HK$1.74B	HK$2.44B
Depreciation & amortization	HK$628M	HK$568M	HK$590M	HK$603M	HK$595M	HK$733M	HK$797M	HK$900M	HK$949M	HK$932M
Stock-based compensation	HK$0	HK$0	HK$0	HK$96.6M	HK$0	HK$0	HK$48M	HK$48.8M	HK$0	HK$0
Deferred income tax	HK$0	HK$0	HK$0	-HK$1.13B	HK$0	HK$0	HK$2.97B	-HK$2.26B	HK$0	HK$0
Change in working capital	HK$810M	HK$15.2M	HK$1.08B	-HK$712M	-HK$324M	-HK$1.94B	HK$2.07B	-HK$430M	HK$69.3M	-HK$1.87B
Other non-cash items	HK$71.6M	-HK$1.14B	-HK$1.39B	HK$1.19B	-HK$795M	HK$811M	-HK$1.8B	HK$1.65B	-HK$45.8M	-HK$300M
Operating cash flow	HK$5.86B	HK$3.21B	HK$3.53B	HK$2.44B	HK$2.28B	HK$6.38B	HK$5.99B	HK$824M	HK$2.71B	HK$1.2B
Investing
Capital expenditure	-HK$159M	-HK$959M	-HK$886M	-HK$1.13B	-HK$731M	-HK$2.09B	-HK$2.15B	-HK$627M	-HK$774M	-HK$1.28B
Acquisitions	HK$2.14B	-HK$255M	-HK$76.6M	-HK$237M	HK$321M	HK$3.35M	HK$46.2M	HK$61.8M	HK$0	HK$74M
Purchases of investments	-HK$1.93B	-HK$3.03B	-HK$5.38B	-HK$135M	-HK$1.74B	-HK$2.18B	-HK$298M	-HK$287M	-HK$86M	-HK$173M
Sales / maturities of investments	HK$412M	HK$2.26B	HK$2.02B	HK$2.39B	HK$5.42B	HK$1.92B	HK$42.2M	HK$77.1M	HK$1.58M	HK$24.9M
Other investing	HK$53.5M	HK$256M	HK$197M	HK$0	HK$34.4M	HK$30.4M	HK$31.2M	HK$35.6M	HK$48.7M	HK$0
Investing cash flow	HK$511M	-HK$1.72B	-HK$4.13B	HK$884M	HK$3.3B	-HK$2.32B	-HK$2.33B	-HK$739M	-HK$810M	-HK$1.35B
Financing
Net debt issued / repaid	-HK$2.13B	HK$634M	HK$2.44B	-HK$2.9B	-HK$1.79B	HK$1.56B	HK$1.69B	HK$57.1M	-HK$1.16B	HK$868M
Dividends	-HK$2.24B	-HK$2.5B	-HK$2.16B	-HK$1.39B	-HK$2.16B	-HK$7.8B	-HK$4.68B	-HK$1.09B	-HK$499M	-HK$1.93B
Other financing (incl. tax on vested shares)	-HK$106M	-HK$346M	-HK$236M	HK$76.5M	-HK$89.2M	-HK$105M	-HK$148M	-HK$286M	-HK$269M	HK$29.9M
Financing cash flow	-HK$4.48B	-HK$1.68B	HK$44.6M	-HK$4.21B	-HK$3.71B	-HK$6.34B	-HK$3.14B	-HK$1.32B	-HK$1.93B	-HK$916M
Summary
FX effect on cash	-HK$211M	HK$144M	-HK$108M	-HK$49.7M	HK$135M	HK$229M	-HK$93.7M	-HK$26.4M	-HK$73.5M	HK$769M
Net change in cash	HK$1.68B	-HK$54M	-HK$661M	-HK$895M	HK$2B	-HK$2.05B	HK$425M	-HK$1.26B	-HK$103M	-HK$296M
Free cash flow (OCF - capex)	HK$5.7B	HK$2.25B	HK$2.64B	HK$1.31B	HK$2.18B	HK$3.94B	HK$3.37B	HK$197M	HK$1.93B	-HK$74.8M

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