Sunshine Group JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	1,566,899	679,170	138,888	367,109
Depreciation & Amortization	38,309	32,480	576.21	15,951
Other Amortization	10,367	7,622	-	-
Change in Accounts Payable	15,423,049	4,540,587	1,503,246	2,979,512
Change in Trading Asset Securities	68,628	-262,298	-433,176	-32,912
Change in Other Net Operating Assets	1,999,256	-235,247	450,894	-161,898
Other Operating Activities	-8,139,068	182,167	-180,253	188,070
Operating Cash Flow	10,693,215	5,375,146	1,119,403	2,839,689
Operating Cash Flow Growth	26505.83%	380.18%	-60.58%	-
Capital Expenditures	-826,480	-981,203	-466,520	-388,689
Sale of Property, Plant & Equipment	-	-	10,711	305,058
Investment in Securities	-16,119,646	-2,294,944	-1,626,786	-319,876
Net Decrease (Increase) in Loans Originated / Sold - Investing	-166,802	-166,802	-768,348	-1,655,528
Other Investing Activities	570,346	129,757	660,560	155,752
Investing Cash Flow	-16,542,582	-3,313,191	-2,190,383	-1,903,283
Long-Term Debt Issued	-	626,319	2,042,249	1,132,532
Long-Term Debt Repaid	-	-2,473,381	-899,661	-2,346,432
Net Debt Issued (Repaid)	1,147,967	-1,847,062	1,142,588	-1,213,900
Financing Cash Flow	7,142,335	-1,847,062	1,142,588	-1,213,900
Net Cash Flow	1,292,968	214,893	71,608	-277,493
Free Cash Flow	9,866,735	4,393,943	652,883	2,451,000
Free Cash Flow Growth	-	573.01%	-73.36%	-
Free Cash Flow Margin	204.74%	188.84%	130.76%	210.74%
Free Cash Flow Per Share	32886.13	14646.48	2176.28	8172.02
Cash Interest Paid	205,853	123,671	59,075	30,141
Cash Income Tax Paid	120,387	85,574	64,358	250,332

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.