HOSE:HQC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	70,237	33,748	5,158	18,808	4,155
Depreciation & Amortization	278.67	650.14	536.4	668.98	969.51
Other Amortization	129.8	-	129.8	-	-
Loss (Gain) From Sale of Assets	-139,759	-99,638	-	-	-14,423
Loss (Gain) From Sale of Investments	-	-	-	-14,341	-
Other Operating Activities	-32,354	-75,268	-5,792	12,756	-15,144
Change in Accounts Receivable	786,188	-1,086,701	-30,778	-21,731	-73,891
Change in Inventory	-123,761	18,990	-19,780	9,033	-62,241
Change in Accounts Payable	-691,530	-501,378	13,633	3,641	2,433,261
Change in Other Net Operating Assets	1,543	-1,713	201.06	-537.93	-11.46
Operating Cash Flow	-129,027	-1,711,311	-36,691	8,297	2,272,675
Operating Cash Flow Growth	-	-	-	-99.63%	1234.48%
Capital Expenditures	-	-539.44	-	-851.85	-76.22
Sale of Property, Plant & Equipment	22,864	-	-	-	-
Investment in Securities	-	-392,307	-	1,200	-2,117,980
Other Investing Activities	317,422	25,152	1,061	167.81	18,442
Investing Cash Flow	635,093	-68,715	-16,133	-5,623	-1,962,004
Long-Term Debt Issued	67,117	861,330	48,507	650	730
Long-Term Debt Repaid	-579,573	-64,183	-	-730	-310,691
Net Debt Issued (Repaid)	-512,455	797,147	48,507	-80	-309,961
Issuance of Common Stock	-	1,000,000	-	-	-
Financing Cash Flow	-512,455	1,797,147	48,507	-80	-309,961
Net Cash Flow	-6,389	17,121	-4,318	2,594	710.46
Free Cash Flow	-129,027	-1,711,850	-36,691	7,445	2,272,599
Free Cash Flow Growth	-	-	-	-99.67%	1239.99%
Free Cash Flow Margin	-185.73%	-	-12.54%	2.70%	814.64%
Free Cash Flow Per Share	-223.77	-2968.87	-76.99	15.62	4768.36
Cash Interest Paid	93,138	109,221	9,186	9,591	51,841
Cash Income Tax Paid	7,669	69,952	1,103	617.86	407.12
Levered Free Cash Flow	816,987	-3,084,649	-102,874	139,155	147,224
Unlevered Free Cash Flow	867,536	-3,029,814	-100,018	149,282	168,370
Change in Working Capital	-27,559	-1,570,802	-36,723	-9,595	2,297,118

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