Lizen JSC 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	150,870	121,474	103,615	192,035	184,083
Depreciation & Amortization	113,327	129,035	108,792	99,035	132,461
Other Amortization	-	-	-	-	196.94
Loss (Gain) From Sale of Assets	-	-5,771	-9,983	-267,796	-
Other Operating Activities	21,839	107,382	61,876	-53,633	-18,623
Change in Accounts Receivable	-891,441	-580,298	-60,211	-205,827	-
Change in Inventory	135,263	-621,833	-126,979	-355,395	-
Change in Accounts Payable	1,286,990	318,237	678,034	-332,994	-
Change in Other Net Operating Assets	-18,917	1,589	-28,393	504.79	-
Operating Cash Flow	797,930	-530,186	726,751	-924,071	298,118
Operating Cash Flow Growth	-	-	-	-	-49.52%
Capital Expenditures	-10,212	-13,650	-14,240	-20,761	-1,512
Sale of Property, Plant & Equipment	-	-	370.04	900	460
Investment in Securities	-212,198	-148,875	136,544	516,279	954.55
Other Investing Activities	5,395	8,466	5,858	3,496	1,877
Investing Cash Flow	-242,805	-117,569	-38,761	663,186	-223,517
Long-Term Debt Issued	2,272,616	1,861,878	976,878	737,298	664,606
Long-Term Debt Repaid	-2,223,313	-1,524,267	-901,027	-633,050	-1,127,816
Net Debt Issued (Repaid)	49,303	337,611	75,851	104,248	-463,210
Issuance of Common Stock	-	34,500	-	1,371	479,378
Common Dividends Paid	-	-96,734	-132,749	-3.99	-76,809
Financing Cash Flow	49,303	275,377	-56,898	105,615	-60,642
Net Cash Flow	604,428	-372,378	631,092	-155,269	13,959
Free Cash Flow	787,717	-543,836	712,511	-944,832	296,607
Free Cash Flow Growth	-	-	-	-	860.08%
Free Cash Flow Margin	26.24%	-19.30%	35.48%	-93.94%	13.99%
Free Cash Flow Per Share	3811.46	-2654.96	3511.36	-4656.28	1462.05
Cash Interest Paid	76,302	59,732	50,910	68,759	-
Cash Income Tax Paid	29,304	16,120	25,689	118,124	-
Levered Free Cash Flow	891,861	-338,437	706,784	-937,409	327,351
Unlevered Free Cash Flow	937,850	-299,630	738,436	-894,042	393,721
Change in Working Capital	511,895	-882,305	462,451	-893,711	-

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