Wing Yip Food Holdings Group Limited (WYHG) Cash Flow Statement
Where WYHG’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$10.6M −184.9% vs 2024
- Capital expenditures
- $3.9M 2.9% of revenue
- Free cash flow
- −$14.5M −10.7% margin
- Returned to shareholders
- —
- Change in cash
- −$2.6M cash at year-end $85.3M
Drawn to scale: where the cash came from and how it was used. Hover for values.
WYHG operating cash flow, capex and free cash flow
WYHG cash flow trends, 2015–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $10.1M2015 | −$10.6M2025 | — | |
| Capital expenditures | $5.1M2015 | $3.9M2025 | −4.4%/yr | |
| Free cash flow | $4.9M2015 | −$14.5M2025 | — | |
| Free cash flow margin | 9.9%2015 | −10.7%2025 | −20.6 pts | |
| Operating cash flow / net income | 1.082015 | −1.332025 | −2.41 | |
| Dividends paid | $8.2M2015 | $1.6M2019 | −33.8%/yr | |
| Capex / revenue | 10.2%2015 | 2.9%2025 | −7.3 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WYHG cash flow by activity
WYHG net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
WYHG cash flow statement
| 2025 | 2024 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | $8.0M | $11.2M | $8.8M | $18.2M | $14.8M | $12.4M | $9.3M |
| Depreciation & amortization | $6.0M | $4.6M | $3.6M | $1.8M | $1.5M | $494,928 | $233,005 |
| Change in working capital | −$27.2M | −$3.9M | −$6.2M | $2.8M | $29,578 | $438,287 | $340,133 |
| Other non-cash items | $2.6M | $519,934 | $1.9M | −$149,309 | $639,688 | $570,646 | $173,295 |
| Cash from operating activities | −$10.6M | $12.5M | $8.2M | $22.7M | $17.0M | $13.9M | $10.1M |
| Investing activities | |||||||
| Capital expenditures | −$3.9M | −$10.1M | −$3.0M | −$1.4M | −$6.2M | −$5.7M | −$5.1M |
| Investments (net) | — | −$10.1M | — | — | — | — | — |
| Acquisitions & other investing | $773,352 | $10.1M | −$199,206 | −$5,776 | −$6,467 | −$1 | $6.4M |
| Cash from investing activities | −$3.1M | −$10.1M | −$3.2M | −$1.4M | −$6.2M | −$5.7M | $1.3M |
| Financing activities | |||||||
| Dividends paid | — | — | −$1.6M | — | — | — | −$8.2M |
| Net borrowing (repayment) | $6.4M | −$1.8M | — | — | — | — | — |
| Shares issued | $1.1M | $6.2M | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$117,814 | $0 | $177,945 | $20.0M | $485,963 | $8.1M | $3.5M |
| Cash from financing activities | $7.4M | $4.4M | −$1.4M | $20.0M | $485,963 | $8.1M | −$4.7M |
| Summary | |||||||
| Net change in cash | −$2.6M | −$2.2M | $2.5M | $37.9M | $13.1M | $15.2M | $6.8M |
| Cash at end of period | $85.3M | $88.8M | $75.5M | $73.0M | $35.1M | $22.0M | $6.8M |
| Free cash flow | −$14.5M | $2.4M | $5.2M | $21.3M | $10.8M | $8.2M | $4.9M |
| Free cash flow margin | −10.7% | 1.6% | 5.4% | 24.4% | 14.5% | 12.5% | 9.9% |
| Capex / revenue | 2.9% | 7.0% | 3.1% | 1.6% | 8.4% | 8.7% | 10.2% |
| Operating cash flow / net income | −1.33 | 1.11 | 0.93 | 1.25 | 1.15 | 1.12 | 1.08 |
| Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|
| Operating activities | |||||
| Net income | $3.7M | −$46,235 | $2.0M | $2.8M | $667,448 |
| Depreciation & amortization | $1.8M | $358,156 | $1.6M | $1.4M | $789,043 |
| Change in working capital | −$32.9M | −$1.6M | $8.3M | −$1.0M | −$8.9M |
| Other non-cash items | $31,402 | $373,361 | −$1.8M | $2.7M | −$968,553 |
| Cash from operating activities | −$27.4M | −$876,141 | $10.1M | $5.9M | −$8.4M |
| Investing activities | |||||
| Capital expenditures | −$3.9M | −$5 | −$2 | −$3 | −$10.1M |
| Investments (net) | — | — | −$2.1M | −$100,000 | −$9.2M |
| Acquisitions & other investing | $298,524 | $781,915 | $1.8M | $86,261 | — |
| Cash from investing activities | −$3.6M | $781,910 | −$294,671 | −$13,742 | — |
| Financing activities | |||||
| Net borrowing (repayment) | $1.0M | $3.5M | −$2.0M | $3.9M | −$848,113 |
| Shares issued | $49,075 | $1 | $0 | $1.1M | $0 |
| Other financing | −$157,309 | $0 | −$36,320 | $0 | — |
| Cash from financing activities | $892,835 | $3.5M | −$2.0M | $5.0M | — |
| Summary | |||||
| Net change in cash | −$29.0M | $4.1M | $12.0M | $9.8M | −$21.1M |
| Cash at end of period | $85.3M | $114.7M | $110.6M | $98.6M | $88.8M |
| Free cash flow | −$31.3M | −$876,141 | $10.1M | $5.9M | −$18.5M |
| Free cash flow margin | −95.0% | −2.7% | 28.3% | 17.1% | −51.7% |
| Capex / revenue | 11.8% | 0.0% | 0.0% | 0.0% | 28.2% |
| Operating cash flow / net income | −7.49 | — | 5.10 | 2.10 | −12.63 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
WYHG cash generation
In fiscal 2025 (ended December 31, 2025), Wing Yip Food Holdings Group Limited generated -$10.6 million of cash from operations (down 184.9%) and spent $3.9 million on capital expenditures, leaving free cash flow of -$14.5 million, −10.7% of revenue. Cash and equivalents fell by $2.6 million over the year.
Related: WYHG income statement, WYHG balance sheet. See the WYHG stock overview for the latest quote and news.
WYHG cash flow FAQ
What is Wing Yip Food Holdings Group Limited's free cash flow?
Wing Yip Food Holdings Group Limited's free cash flow was -$14.5 million in fiscal 2025: -$10.6 million of operating cash flow minus $3.9 million of capital expenditures It was $2.4 million a year earlier..
How much cash does Wing Yip Food Holdings Group Limited generate from operations?
Wing Yip Food Holdings Group Limited generated -$10.6 million of cash from operating activities in fiscal 2025, −1.33 times its net income of $8.0 million.
How much does Wing Yip Food Holdings Group Limited spend on capital expenditures?
Wing Yip Food Holdings Group Limited spent $3.9 million on capital expenditures in fiscal 2025, 2.9% of revenue, compared with $10.1 million the year before.