HOSE:HCD Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	19,356	20,035	30,199
Depreciation & Amortization	14,277	14,277	14,277
Loss (Gain) From Sale of Assets	-3,831	-3,831	-4,177
Other Operating Activities	-594.57	3,894	1,103
Change in Accounts Receivable	-152,034	-112,397	-4,728
Change in Inventory	32,891	4,799	6,303
Change in Accounts Payable	11,437	13,955	16,723
Change in Other Net Operating Assets	-527.93	-447.33	1,140
Operating Cash Flow	-79,026	-59,715	60,839
Capital Expenditures	-15,235	-15,235	-15,510
Other Investing Activities	5,389	2,170	4,177
Investing Cash Flow	47,765	37,976	-10,799
Short-Term Debt Issued	-	340,946	381,991
Total Debt Issued	273,609	340,946	381,991
Short-Term Debt Repaid	-	-374,501	-396,468
Total Debt Repaid	-284,123	-374,501	-396,468
Net Debt Issued (Repaid)	-10,514	-33,554	-14,477
Financing Cash Flow	-10,514	-33,554	-14,477
Foreign Exchange Rate Adjustments	-	-	0.95
Net Cash Flow	-41,775	-55,294	35,563
Free Cash Flow	-94,261	-74,950	45,329
Free Cash Flow Margin	-11.51%	-9.49%	5.21%
Free Cash Flow Per Share	-2550.42	-2027.93	1226.48
Cash Interest Paid	7,807	7,745	10,056
Cash Income Tax Paid	6,600	5,500	7,402
Levered Free Cash Flow	-	-83,652	-
Unlevered Free Cash Flow	-	-79,131	-
Change in Working Capital	-108,234	-94,091	19,438

Source: S&P Global Market Intelligence. Standard template. Financial Sources.