TJGC Group Limited (TJGC) Cash Flow Statement

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

Where TJGC’s cash came from and went, FY2026

March 31, 2026 · Hong Kong dollars

Cash from operations: −HK$29.1M
Capital expenditures: HK$2.1M
Free cash flow: −HK$31.2M
Returned to shareholders: —
Change in cash: −HK$21.3M

Cash from operations

−HK$29.1M

Capital expenditures

−HK$2.1M

Acquisitions & other

+HK$500,000

Net borrowing (repayment)

+HK$7.5M

Other financing

+HK$2.0M

Change in cash

−HK$21.3M

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

TJGC operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

TJGC cash flow trends, FY2022–FY2026

TJGC Group Limited cash flow trends
Metric	Then	Latest	Change
Operating cash flow	HK$2.6MFY2022	−HK$29.1MFY2026	—
Capital expenditures	HK$4FY2022	HK$2.1MFY2026	+2,533.5%/yr
Free cash flow	HK$2.6MFY2022	−HK$31.2MFY2026	—
Free cash flow margin	5.1%FY2022	−108.7%FY2026	−113.8 pts
Operating cash flow / net income	0.38FY2022	1.01FY2024	+0.62
Dividends paid	HK$5.7MFY2022	HK$0FY2025	−100.0%
Capex / revenue	0.0%FY2022	7.5%FY2026	+7.5 pts

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

TJGC cash flow by activity

OperatingInvestingFinancingChange in cash

TJGC 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).

TJGC cash flow statement in Hong Kong dollars

TJGC Group Limited annual cash flow statement
	FY2026	FY2025	FY2024	FY2023	FY2022
Operating activities
Net income	−HK$23.5M	−HK$26.8M	HK$1.9M	HK$2.7M	HK$6.8M
Depreciation & amortization	HK$174,966	HK$75,851	HK$70,017	HK$11,669	HK$0
Change in working capital	−HK$6.8M	−HK$19.3M	−HK$249,926	−HK$2.3M	−HK$4.2M
Other non-cash items	HK$1.1M	HK$11.2M	HK$193,859	HK$39,664	HK$8,208
Cash from operating activities	−HK$29.1M	−HK$34.8M	HK$1.9M	HK$493,687	HK$2.6M
Investing activities
Capital expenditures	−HK$2.1M	−HK$11	−HK$4	−HK$350,082	−HK$4
Acquisitions & other investing	HK$500,000	—	—	HK$891,909	−HK$455,301
Cash from investing activities	−HK$1.6M	—	—	HK$541,827	−HK$455,305
Financing activities
Dividends paid	—	HK$0	−HK$3.0M	−HK$6.9M	−HK$5.7M
Net borrowing (repayment)	HK$7.5M	−HK$869,127	HK$0	HK$9.0M	HK$0
Shares issued	HK$0	HK$71.5M	HK$0	HK$0	HK$0
Other financing	HK$2.0M	−HK$16.2M	−HK$3.1M	HK$3.4M	HK$0
Cash from financing activities	HK$9.4M	HK$54.4M	−HK$6.1M	HK$5.5M	−HK$5.7M
Summary
Net change in cash	−HK$21.3M	HK$19.5M	−HK$4.2M	HK$6.5M	−HK$3.5M
Cash at end of period	HK$2.6M	HK$23.9M	HK$4.4M	HK$8.6M	HK$2.0M
Free cash flow	−HK$31.2M	−HK$34.8M	HK$1.9M	HK$143,605	HK$2.6M
Free cash flow margin	−108.7%	−114.3%	4.7%	0.3%	5.1%
Capex / revenue	7.5%	0.0%	0.0%	0.7%	0.0%
Operating cash flow / net income	—	—	1.01	0.18	0.38

TJGC Group Limited quarterly cash flow statement
	Mar '26	Sep '25	Mar '25	Sep '24	Mar '24	Sep '23
Operating activities
Net income	−HK$12.2M	−HK$11.3M	−HK$3.6M	HK$801,844	−HK$660,672	HK$2.6M
Depreciation & amortization	HK$83,152	HK$91,872	HK$40,810	HK$34,847	HK$35,039	HK$34,987
Change in working capital	HK$2.7M	−HK$9.5M	−HK$2.1M	−HK$3.2M	HK$6.1M	−HK$6.3M
Other non-cash items	HK$1.0M	−HK$3,361	HK$1.4M	HK$2,567	HK$202,037	−HK$3,248
Cash from operating activities	−HK$8.4M	−HK$20.7M	−HK$4.2M	−HK$2.4M	HK$5.7M	−HK$3.7M
Investing activities
Capital expenditures	−HK$1,246	−HK$570,123	−HK$39	−HK$8	−HK$31	−HK$38
Acquisitions & other investing	−HK$1.1M	HK$30	—	—	—	—
Cash from investing activities	−HK$1.1M	−HK$570,093	—	—	—	—
Financing activities
Dividends paid	—	—	—	—	−HK$5,461	−HK$3.0M
Shares issued	HK$0	HK$0	HK$0	HK$0	HK$0	HK$0
Other financing	HK$6.6M	HK$2.9M	HK$6.9M	HK$978,345	−HK$4.9M	HK$1.8M
Cash from financing activities	HK$6.6M	HK$2.9M	HK$6.9M	HK$978,345	−HK$4.9M	−HK$1.2M
Summary
Net change in cash	−HK$2.9M	−HK$18.5M	HK$2.7M	−HK$1.4M	HK$766,831	HK$3.6M
Cash at end of period	HK$2.6M	HK$5.4M	HK$3.1M	HK$2.9M	HK$4.4M	HK$3.6M
Free cash flow	−HK$8.4M	−HK$21.3M	−HK$32.4M	−HK$2.4M	HK$5.7M	−HK$3.7M
Free cash flow margin	−86.5%	−112.0%	−1,961.4%	−13.7%	33.2%	−15.8%
Capex / revenue	0.0%	3.0%	0.0%	0.0%	0.0%	0.0%
Operating cash flow / net income	—	—	—	−2.99	—	−1.46

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.

TJGC cash generation

In fiscal 2026 (ended March 31, 2026), TJGC generated -HK$29.1 million of cash from operations and spent HK$2.1 million on capital expenditures, leaving free cash flow of -HK$31.2 million, −108.7% of revenue. Cash and equivalents fell by HK$21.3 million over the year.

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

TJGC cash flow FAQ

What is TJGC's free cash flow?

TJGC's free cash flow was -HK$31.2 million in fiscal 2026: -HK$29.1 million of operating cash flow minus HK$2.1 million of capital expenditures It was -HK$34.8 million a year earlier..

How much cash does TJGC generate from operations?

TJGC generated -HK$29.1 million of cash from operating activities in fiscal 2026.

How much does TJGC spend on capital expenditures?

TJGC spent HK$2.1 million on capital expenditures in fiscal 2026, 7.5% of revenue, compared with HK$0.0 million the year before.