Refrigeration Electrical Engineering Corporation (HOSE:REE)

HOSE:REE Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	2,754,192	2,529,126	1,993,386	2,188,317	2,692,517	1,855,080
Depreciation & Amortization	1,447,095	1,384,453	1,298,493	1,263,901	1,225,257	892,770
Other Amortization	3,838	444.16	-	-	-	-
Loss (Gain) From Sale of Assets	-1,383,564	-1,214,910	-1,003,614	-1,083,636	-1,130,010	-1,163,258
Other Operating Activities	742,699	751,253	503,603	737,538	765,737	425,083
Change in Accounts Receivable	-656,046	-986,311	704,236	-221,107	-770,938	29,623
Change in Inventory	-742,942	-204,399	29,620	20,592	-622,598	77,639
Change in Accounts Payable	1,765,556	808,844	263,174	-137,175	126,007	-854,111
Change in Other Net Operating Assets	-65,741	-5,297	-5,371	-21,903	300.65	-98,627
Operating Cash Flow	4,313,238	2,710,883	3,783,526	2,816,770	1,569,133	1,524,628
Operating Cash Flow Growth	64.42%	-28.35%	34.32%	79.51%	2.92%	148.79%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-3,907,864	-2,022,498	-1,035,028	-872,514	-738,142	-3,912,224
Sale of Property, Plant & Equipment	13,272	13,584	5,175	15,367	27,429	902.28
Divestitures	133,727	133,727	173,730	31,812	-	-
Investment in Securities	-1,730,709	-3,631,655	-217,682	392,998	-779,117	608,061
Other Investing Activities	1,154,998	951,337	1,278,528	1,074,670	721,597	1,290,728
Investing Cash Flow	-4,530,201	-4,555,506	204,723	642,334	-768,233	-2,012,533

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	3,225,801	3,451,719	2,888,594	1,826,974	3,971,733
Long-Term Debt Repaid	-	-3,091,122	-3,827,973	-3,589,768	-2,734,496	-2,340,106
Net Debt Issued (Repaid)	1,106,463	134,680	-376,254	-701,174	-907,522	1,631,626
Issuance of Common Stock	85,712	85,712	27,720	-	-	-
Common Dividends Paid	-681,822	-469,360	-407,241	-352,029	-306,041	-166.03
Other Financing Activities	-575,251	-496,499	-619,382	-534,370	-266,973	35,581
Financing Cash Flow	-64,899	-745,468	-1,375,157	-1,587,573	-1,480,536	1,667,041

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	7.7	13.77	20.28	-4.86	5.92	96.81
Net Cash Flow	-281,854	-2,590,076	2,613,113	1,871,526	-679,630	1,179,232

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	405,374	688,385	2,748,498	1,944,256	830,990	-2,387,596
Free Cash Flow Growth	-63.53%	-74.95%	41.37%	133.97%	-	-
Free Cash Flow Margin	3.67%	6.88%	32.78%	22.69%	8.87%	-41.10%
Free Cash Flow Per Share	650.89	1105.12	4412.37	3127.91	1336.88	-3841.04
Levered Free Cash Flow	617,106	250,155	2,205,867	2,028,018	413,184	-1,664,709
Unlevered Free Cash Flow	1,049,748	682,368	2,669,496	2,617,211	968,037	-1,243,944

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	715,828	679,308	737,213	990,741	1,072,712	514,815
Cash Income Tax Paid	422,685	330,472	279,896	371,512	358,545	230,330
Change in Working Capital	748,979	-739,483	991,659	-289,349	-1,984,368	-485,048

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 4, 2026

Data Sources Report a data error