2S Metal PCL (BKK:2S)

2S Metal PCL Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	372.84	144.53	23.58	160.08	-122.18	737.52
Depreciation & Amortization	61.91	62.06	59.18	54.67	50.08	48.53
Other Amortization	0.09	0.11	0.26	0.36	0.43	0.48
Loss (Gain) From Sale of Assets	-0.94	-0.87	0.28	0.72	0.99	0.02
Asset Writedown & Restructuring Costs	-	-	-	15.09	-	-
Provision & Write-off of Bad Debts	7.84	18.84	1.46	-1.06	-0.72	-2.84
Other Operating Activities	51.08	-3.19	-16.03	-9.13	-71.59	30.57
Change in Accounts Receivable	-25.76	-3.74	-42.32	-9.57	36.12	-85.33
Change in Inventory	96.57	-261.7	35.86	-146.69	437.22	-56.12
Change in Accounts Payable	-109.36	174.67	-16.19	32.37	15.7	-118.86
Change in Income Taxes	1.7	1.7	4.91	5.23	-6.21	-2.25
Change in Other Net Operating Assets	-2.98	-21.87	13.24	-0.69	-17.36	22.47
Operating Cash Flow	453	110.54	64.23	101.38	322.48	574.19
Operating Cash Flow Growth	1511.74%	72.11%	-36.65%	-68.56%	-43.84%	87.79%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-13.68	-38.33	-63.88	-40.75	-93.5	-33.96
Sale of Property, Plant & Equipment	1.14	1.01	0.2	0.29	0.09	0.1
Sale (Purchase) of Intangibles	-	-	-	-	-0	-1.26
Other Investing Activities	3.27	3.27	4.51	3.62	3.08	73.11
Investing Cash Flow	-9.28	-34.05	-59.17	-36.84	-90.33	37.99

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	-	-	150	-
Total Debt Issued	-	-	-	-	150	-
Short-Term Debt Repaid	-	-	-	-150	-	-176.24
Long-Term Debt Repaid	-	-2.51	-1.89	-2.38	-1.48	-2.78
Total Debt Repaid	-1.56	-2.51	-1.89	-152.38	-1.48	-179.02
Net Debt Issued (Repaid)	-1.56	-2.51	-1.89	-152.38	148.52	-179.02
Issuance of Common Stock	-	-	-	-	-	50
Common Dividends Paid	-110	-66	-104.5	-165	-135	-262.5
Financing Cash Flow	-111.56	-68.51	-106.39	-317.38	13.52	-391.51

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	0.11	0.06	-0.26	-0.57	-2.97	-0.18
Net Cash Flow	332.27	8.04	-101.6	-253.4	242.7	220.48

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	439.32	72.21	0.35	60.63	228.99	540.23
Free Cash Flow Growth	-	20829.85%	-99.43%	-73.52%	-57.61%	158.86%
Free Cash Flow Margin	5.63%	0.96%	0.01%	0.90%	3.41%	8.29%
Free Cash Flow Per Share	0.80	0.13	0.00	0.11	0.42	0.98
Levered Free Cash Flow	329.18	-1.07	-23.88	-13.95	262.28	378.52
Unlevered Free Cash Flow	329.38	0.06	-23.41	-13.78	262.64	379.59

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	0.32	1.82	0.76	0.29	0.56	1.88
Cash Income Tax Paid	38.75	38.64	28.71	6.44	64.86	170.78
Change in Working Capital	-39.82	-110.93	-4.5	-119.35	465.47	-240.09

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error