Company: BGHL
Filing Date: 2025-05-30
Form Type: DRS
Source: 0001213900-25-049553
Chunk: 81

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-05-30
Form: DRS
Chunk 81
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 |     |        9,999 |   |     |       77,992 |   |     |            — |   |
| Proceeds from additional paid-in capital of a subsidiary |     |    1,050,484 |   |     |    8,193,768 |   |     |            — |   |
| Net cash provided by financing activities                |     |    1,060,483 |   |     |    8,271,760 |   |     |            — |   |
| Net increase in cash and cash equivalents                |     |       21,645 |   |     |      168,829 |   |     |        9,710 |   |
| Cash and cash equivalents, beginning of the year         |     |       10,469 |   |     |       81,662 |   |     |       71,952 |   |
| Cash and cash equivalents, end of the year               |     |       32,114 |   |     |      250,491 |   |     |       81,662 |   |

47 Net Cash (Used In) / Provided By Operating Activities Operating activities used cash of HK$8,102,931 for the year ended December 31 2024, compared to cash generated of HK$9,710 for the year ended December 31, 2023. Net income was HK$7,451,582 for the year ended December 31, 2024, compared to HK$830,707 for the year ended December 31, 2023. Movement in activities from inventories was an increase of HK$2,331,380 for the year ended December 31, 2024, compared to a decrease of HK$2,561,960 for the year ended December 31, 2023. The decrease in stock level was mainly due to the shorter inventory turnover days as a result of the improved supply time through internal review of the inventory process. Movement in activities from accounts receivable was a decrease of HK$30,433,288 for the year ended December 31, 2024, compared to that of HK$5,573,006 for the year ended December 31, 2023. The increase in accounts receivable was mainly due to the increase in sales in the last quarter for the year ended December 31, 2024 as compared to the same period of 2023. Movement in activities