Fenbo Holdings Limited (FEBO) Cash Flow Statement

NASDAQ: FEBOOperating cash, capex, free cash flow and buybacks.

Where FEBO’s cash came from and went, FY2026

June 30, 2026 · Hong Kong dollars

Cash from operations: HK$1.6M
Capital expenditures: HK$58,891
Free cash flow: HK$1.5M
Returned to shareholders: —
Change in cash: −HK$8.5M

Cash from operations

HK$1.6M

Capital expenditures

−HK$58,891

Acquisitions & other

+HK$99,821

Net borrowing (repayment)

−HK$8.0M

Other financing

−HK$2.4M

Currency & other

+HK$308,795

Change in cash

−HK$8.5M

Drawn to scale: where the cash came from and how it was used. Hover for values.

FEBO operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

FEBO cash flow trends, FY2021–FY2026

Fenbo Holdings Limited cash flow trends
Metric	Then	Latest	Change
Operating cash flow	HK$11.4MFY2021	HK$1.6MFY2026	−38.9%/yr
Capital expenditures	HK$769,000FY2021	HK$58,891FY2026	−47.4%/yr
Free cash flow	HK$10.6MFY2021	HK$1.5MFY2026	−38.4%/yr
Free cash flow margin	7.4%FY2021	1.8%FY2026	−5.6 pts
Operating cash flow / net income	2.63FY2021	7.18FY2022	+4.55
Dividends paid	HK$11.0MFY2021	HK$3.4MFY2022	−69.4%/yr
Capex / revenue	0.5%FY2021	0.1%FY2026	−0.5 pts

Change is the average annual growth (CAGR) or the difference between the first and latest year.

FEBO cash flow by activity

OperatingInvestingFinancingChange in cash

FEBO net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

FEBO cash flow statement in Hong Kong dollars

Fenbo Holdings Limited annual cash flow statement
	FY2026	FY2025	FY2024	FY2022	FY2021
Operating activities
Net income	−HK$10.6M	−HK$15.5M	−HK$1.5M	HK$824,000	HK$4.3M
Depreciation & amortization	HK$458,216	HK$7.3M	HK$5.9M	HK$6.1M	HK$5.5M
Change in working capital	HK$11.6M	−HK$6.6M	HK$4.9M	HK$4.5M	HK$6.2M
Other non-cash items	HK$174,699	−HK$6.6M	HK$298,083	−HK$5.5M	−HK$4.6M
Cash from operating activities	HK$1.6M	−HK$21.3M	HK$9.7M	HK$5.9M	HK$11.4M
Investing activities
Capital expenditures	−HK$58,891	−HK$405,000	−HK$283,269	−HK$27,000	−HK$769,000
Investments (net)	—	−HK$405,000	−HK$284,000	−HK$27,000	−HK$769,000
Acquisitions & other investing	HK$99,821	HK$405,000	HK$284,000	HK$26,915	HK$769,000
Cash from investing activities	HK$40,930	−HK$405,000	−HK$283,269	−HK$27,085	−HK$769,000
Financing activities
Dividends paid	—	—	—	−HK$3.4M	−HK$11.0M
Net borrowing (repayment)	−HK$8.0M	HK$0	HK$0	−HK$3.1M	—
Shares issued	HK$0	HK$2.1M	HK$26.0M	HK$0	HK$0
Other financing	−HK$2.4M	HK$643,000	−HK$2.7M	HK$1.2M	−HK$1.0M
Cash from financing activities	−HK$10.4M	HK$2.7M	HK$23.3M	−HK$5.2M	−HK$12.0M
Summary
Net change in cash	−HK$8.5M	−HK$18.9M	HK$32.5M	HK$694,000	−HK$1.4M
Cash at end of period	HK$19.0M	HK$27.5M	HK$46.3M	HK$4.0M	HK$3.3M
Free cash flow	HK$1.5M	−HK$21.8M	HK$9.4M	HK$5.9M	HK$10.6M
Free cash flow margin	1.8%	−16.4%	7.9%	4.2%	7.4%
Capex / revenue	0.1%	0.3%	0.2%	0.0%	0.5%
Operating cash flow / net income	—	—	—	7.18	2.63

Fenbo Holdings Limited quarterly cash flow statement
	Mar '26	Sep '25	Mar '25	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23	Mar '23	Sep '22
Operating activities
Net income	−HK$6.8M	−HK$3.4M	−HK$1.9M	−HK$6.8M	−HK$950,500	−HK$950,500	−HK$849,543	−HK$849,106	HK$118,488	−HK$1.0M
Depreciation & amortization	—	HK$95,000	HK$2.0M	HK$2.2M	HK$1.5M	HK$1.5M	HK$1.5M	HK$1.5M	HK$1.5M	HK$1.5M
Change in working capital	HK$8.5M	HK$3.9M	HK$2.5M	HK$8.9M	−HK$13.6M	−HK$13.6M	HK$169,501	HK$169,411	−HK$225,987	HK$3.6M
Other non-cash items	−HK$3.6M	−HK$1.6M	−HK$766,500	−HK$3.3M	−HK$10.2M	HK$1.4M	HK$467,037	HK$466,788	HK$2.2M	−HK$1.2M
Cash from operating activities	−HK$1.9M	−HK$955,500	HK$1.8M	HK$976,000	−HK$23.3M	−HK$11.6M	HK$1.2M	HK$1.2M	HK$3.6M	HK$2.9M
Investing activities
Capital expenditures	−HK$11,954	−HK$6,000	−HK$23,500	−HK$184,000	−HK$18,500	−HK$18,500	−HK$117,006	−HK$116,946	−HK$24,998	−HK$84,000
Investments (net)	—	—	—	—	—	—	—	—	—	−HK$84,000
Acquisitions & other investing	HK$99,805	HK$50,000	HK$0	HK$0	−HK$18,457	HK$0	HK$0	HK$0	HK$0	HK$84,000
Cash from investing activities	HK$87,851	HK$44,000	−HK$23,500	−HK$184,000	−HK$36,957	−HK$18,500	−HK$117,006	−HK$116,946	−HK$24,998	−HK$84,000
Financing activities
Shares issued	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other financing	−HK$7.8M	−HK$3.9M	−HK$1.3M	−HK$25,000	HK$2.8M	HK$1.4M	HK$11.5M	HK$11.5M	HK$187,987	HK$590,000
Cash from financing activities	−HK$7.8M	−HK$3.9M	−HK$1.3M	−HK$25,000	HK$2.8M	HK$1.4M	HK$11.5M	HK$11.5M	HK$187,987	HK$590,000
Summary
Net change in cash	−HK$9.0M	HK$493,749	HK$1.7M	−HK$25.9M	−HK$20.4M	−HK$46.3M	HK$3.2M	HK$12.5M	HK$3.7M	HK$3.0M
Cash at end of period	HK$19.0M	HK$28.0M	HK$27.5M	HK$25.8M	HK$25.9M	HK$46.4M	HK$46.3M	HK$12.5M	HK$17.7M	HK$23.0M
Free cash flow	−HK$1.9M	−HK$961,500	HK$1.7M	HK$792,000	−HK$11.7M	−HK$11.7M	HK$1.1M	HK$1.1M	HK$3.6M	HK$2.9M
Free cash flow margin	−4.6%	−4.5%	8.1%	2.4%	−34.9%	−34.9%	3.7%	3.7%	12.3%	7.7%
Capex / revenue	0.0%	0.0%	0.1%	0.6%	0.1%	0.1%	0.4%	0.4%	0.1%	0.2%
Operating cash flow / net income	—	—	—	—	—	—	—	—	30.52	—

Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in Hong Kong dollars as reported; data from EODHD.

FEBO cash generation

In fiscal 2026 (ended June 30, 2026), Fenbo generated HK$1.6 million of cash from operations and spent HK$0.1 million on capital expenditures, leaving free cash flow of HK$1.5 million, 1.8% of revenue. Cash and equivalents fell by HK$8.5 million over the year.

Related: FEBO income statement, FEBO balance sheet. See the FEBO stock overview for the latest quote and news.

FEBO cash flow FAQ

What is Fenbo's free cash flow?

Fenbo's free cash flow was HK$1.5 million in fiscal 2026: HK$1.6 million of operating cash flow minus HK$0.1 million of capital expenditures It was -HK$21.8 million a year earlier..

How much cash does Fenbo generate from operations?

Fenbo generated HK$1.6 million of cash from operating activities in fiscal 2026.

How much does Fenbo spend on capital expenditures?

Fenbo spent HK$0.1 million on capital expenditures in fiscal 2026, 0.1% of revenue, compared with HK$0.4 million the year before.