Harn Engineering Solutions PCL (BKK:HARN)

BKK:HARN 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	101.1	83.9	87.6	114.04	88.78	72.27
Depreciation & Amortization	24.44	24.97	24.6	37.67	40.76	39.65
Other Amortization	2.64	2.64	3.92	4.12	4.35	4.37
Loss (Gain) From Sale of Assets	-0.32	0.15	1.09	0.2	0.08	0.27
Asset Writedown & Restructuring Costs	-	-	18.7	-	-	-0.05
Loss (Gain) From Sale of Investments	-5.7	-1.6	-0.02	12.33	1.5	-2.86
Provision & Write-off of Bad Debts	11.81	14.51	0.97	-3.55	1.42	2.81
Other Operating Activities	-19.21	-17.7	-1.39	-12.96	6.32	1.73
Change in Accounts Receivable	16.54	83.02	-21.09	-30.03	-13.38	-2.24
Change in Inventory	34.02	22.86	-14.27	135.25	-109.12	-78.31
Change in Accounts Payable	4.31	-5.74	16.7	-59.04	69.1	34.06
Change in Other Net Operating Assets	-0.48	1.97	0.38	-0.43	2.18	-3.45
Operating Cash Flow	169.14	208.97	117.18	197.61	91.98	68.25
Operating Cash Flow Growth	27.87%	78.33%	-40.70%	114.84%	34.77%	-63.00%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-9.63	-7.93	-4.4	-7.99	-6.7	-14.1
Sale of Property, Plant & Equipment	0.82	0.94	0.15	0.62	0.9	0.17
Sale (Purchase) of Intangibles	-1.87	-1.09	-1.35	-3.47	-0.52	-2.15
Sale (Purchase) of Real Estate	-	-	-	-	-0.06	-
Investment in Securities	49.28	21.43	-64.44	34.16	-58.56	-29.8
Other Investing Activities	7.18	7.17	6.29	4.11	2.7	0.18
Investing Cash Flow	45.78	20.53	-63.75	27.42	-62.25	-45.69

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	0.25	0.17	0.7	0.6	0.5
Total Debt Issued	0.5	0.25	0.17	0.7	0.6	0.5
Short-Term Debt Repaid	-	-	-	-0.75	-0.6	-
Long-Term Debt Repaid	-	-9	-9.62	-9.34	-11.36	-11.28
Total Debt Repaid	-9.07	-9	-9.62	-10.09	-11.96	-11.28
Net Debt Issued (Repaid)	-8.57	-8.75	-9.45	-9.39	-11.36	-10.78
Common Dividends Paid	-70.14	-70.14	-87.61	-75.99	-58.45	-75.98
Other Financing Activities	-3.29	-3.36	-2.74	-2.11	-	-
Financing Cash Flow	-82	-82.25	-99.81	-87.48	-69.81	-86.76

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.66	-0.89	-0.34	-0.22	0.11	0.96
Net Cash Flow	132.26	146.36	-46.72	137.33	-39.97	-63.24

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	159.52	201.05	112.78	189.61	85.28	54.15
Free Cash Flow Growth	24.10%	78.27%	-40.52%	122.34%	57.48%	-67.69%
Free Cash Flow Margin	12.82%	16.61%	8.86%	14.29%	6.86%	5.17%
Free Cash Flow Per Share	0.27	0.34	0.19	0.32	0.15	0.09
Levered Free Cash Flow	159.6	196.02	85.91	132.59	70.91	45.31
Unlevered Free Cash Flow	161.67	198.13	87.64	134.42	72.34	46.76

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	3.29	3.36	2.74	2.11	-	-
Cash Income Tax Paid	28.44	28.3	24.17	31.05	24.24	25.2
Change in Working Capital	54.39	102.11	-18.28	45.75	-51.23	-49.94

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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 11, 2026

Data Sources Report a data error