Thanh Cong Securities JSC 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	FY 2023	FY 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-11,291	11,717	56,741	58,260	173,072	34,717
Depreciation & Amortization, Total	9,440	9,334	11,993	11,684	2,898	2,662
Gain (Loss) On Sale of Investments	8,697	4,054	-5,544	-5,275	-16,636	-10,639
Change in Accounts Receivable	14,082	8,663	478.08	-10,877	-2,355	-513.42
Change in Accounts Payable	-7,484	-31,952	11,107	24,977	1,777	345.7
Change in Other Net Operating Assets	-198,170	-723,452	-570,561	-612,011	-584,403	-376,918
Other Operating Activities	-47,207	-27,226	-967.95	1,850	50,932	11,472
Operating Cash Flow	-265,377	-784,320	-519,226	-632,086	-480,695	-198,817
Capital Expenditures	-5,561	-6,280	-7,052	-3,842	-5,058	-1,817
Cash Acquisitions	14,466	-	-	-48,199	-	-
Other Investing Activities	27,237	36,538	10,191	26,688	8,922	6,988
Investing Cash Flow	36,142	30,258	28,472	201,793	3,864	5,171
Short-Term Debt Issued	-	-	-	-	1,640,792	731,525
Long-Term Debt Issued	-	4,369,343	2,084,390	1,412,544	-	-
Total Debt Issued	4,232,146	4,369,343	2,084,390	1,412,544	1,640,792	731,525
Short-Term Debt Repaid	-	-	-	-	-1,606,469	-488,613
Long-Term Debt Repaid	-	-3,680,843	-1,692,890	-1,062,773	-	-
Total Debt Repaid	-4,325,849	-3,680,843	-1,692,890	-1,062,773	-1,606,469	-488,613
Net Debt Issued (Repaid)	-93,703	688,500	391,500	349,771	34,323	242,912
Issuance of Common Stock	-	-	-	-	649,716	-
Financing Cash Flow	-93,703	688,500	391,500	349,771	684,040	242,912
Net Cash Flow	-322,937	-65,562	-99,254	-80,522	207,209	49,267
Free Cash Flow	-270,938	-790,600	-526,278	-635,928	-485,752	-200,634
Free Cash Flow Margin	-86.98%	-276.87%	-298.23%	-436.77%	-168.21%	-146.17%
Free Cash Flow Per Share	-2393.32	-6837.86	-4551.75	-5500.11	-4201.21	-
Cash Interest Paid	107,807	107,807	34,586	24,695	-	-
Cash Income Tax Paid	8,110	8,110	9,034	4,666	-	-

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