MST Investment 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	21,299	17,140	68,295	36,635
Depreciation & Amortization	168.7	168.7	493.95	519.4
Other Amortization	41,129	73.64	-	-
Loss (Gain) From Sale of Assets	-28,995	-28,995	-22,768	-
Other Operating Activities	-100,015	-5,640	63,150	-51,315
Change in Accounts Receivable	-557,451	-478,258	-82,697	362,404
Change in Inventory	-52,358	4,796	14,287	11,074
Change in Accounts Payable	1,140,591	327,200	13,544	-174,224
Change in Other Net Operating Assets	-99.29	-25.32	86.93	110.76
Operating Cash Flow	464,270	-163,542	54,393	185,204
Operating Cash Flow Growth	-	-	-70.63%	-
Capital Expenditures	-	-	-	-3,682
Sale of Property, Plant & Equipment	-	-	2,080	-
Investment in Securities	-	21,000	-298,283	-125,630
Other Investing Activities	7,480	7.16	9,294	20,376
Investing Cash Flow	-979,243	-11,965	13,939	-87,137
Long-Term Debt Issued	-	194,901	155,111	173,210
Long-Term Debt Repaid	-	-17,792	-223,035	-281,901
Net Debt Issued (Repaid)	521,990	177,109	-67,925	-108,691
Financing Cash Flow	521,990	177,109	-67,925	-108,691
Net Cash Flow	7,017	1,602	407.51	-10,623
Free Cash Flow	464,270	-163,542	54,393	181,522
Free Cash Flow Growth	-	-	-70.03%	-
Free Cash Flow Margin	30.36%	-12.84%	4.51%	52.78%
Free Cash Flow Per Share	5553.14	-1956.13	691.68	2161.24
Cash Interest Paid	78,426	19,507	10,342	29,819
Cash Income Tax Paid	3,450	4,099	7,518	4,572
Levered Free Cash Flow	-1,198,681	-318,212	45,572	-
Unlevered Free Cash Flow	-1,191,328	-306,531	59,874	-
Change in Working Capital	530,684	-146,288	-54,778	199,365

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