Skip to main content
logo
Changhae Ethanol Co., Ltd. (KOSDAQ:004650)
South Korea flag South Korea · Delayed Price · Currency is KRW
9,400.00
0.00 (0.00%)
At close: Sep 3, 2026

Changhae Ethanol Cash Flow Statement

Millions KRW. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
13,19313,26712,518-3,84077.569,842
Depreciation & Amortization
4,9964,7324,5293,9583,7483,673
Loss (Gain) From Sale of Assets
-810.37-816.37429.7970.34-6.4-140.33
Asset Writedown & Restructuring Costs
--226.9-4,499-
Loss (Gain) From Sale of Investments
83.5776.17-1.06-1.134.36-4.18
Loss (Gain) on Equity Investments
-907.07-847.49-1,29213,158710.36934.11
Provision & Write-off of Bad Debts
-4.5-1.5-72.48--853.77
Other Operating Activities
912.5668.25257.042,196163.96-841.86
Change in Accounts Receivable
-314.56-1,544607.81-840.77-815.3411.06
Change in Inventory
6,9992,5254,928-3,284-9,600163.99
Change in Accounts Payable
-2,4544,746-4,581-1,8575,892-1,159
Change in Other Net Operating Assets
201.01-2,469-2,401-1,440-1,557747.95
Operating Cash Flow
21,89520,33615,2218,1913,11612,773
Operating Cash Flow Growth
47.52%33.60%85.82%162.90%-75.61%4.59%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-5,652-5,771-4,866-2,855-1,625-2,240
Sale of Property, Plant & Equipment
946.44926.811,063105.856.45.91
Cash Acquisitions
---752.82---
Sale (Purchase) of Intangibles
---2.95--254.55
Investment in Securities
-3,469-258.23321.5522.26-44.82193.65
Other Investing Activities
39.9339.93130.07--0
Investing Cash Flow
-8,135-5,062-4,107-2,727-1,664-1,786

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-51,518--2,658-
Long-Term Debt Issued
--4,000-1,350-
Total Debt Issued
51,51851,5184,000-4,008-
Short-Term Debt Repaid
--59,098-5,586-334.45--6,070
Long-Term Debt Repaid
--2,774-2,318-1,211-1,715-1,660
Total Debt Repaid
-54,581-61,872-7,904-1,545-1,715-7,730
Net Debt Issued (Repaid)
-3,063-10,354-3,904-1,5452,292-7,730
Dividends Paid
-4,552-4,552-4,552-3,794-4,552-4,552
Other Financing Activities
00-0-0-0-0
Financing Cash Flow
-7,615-14,906-8,457-5,339-2,260-12,282

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-44.09-108.2103.23-190.18-443.62322.4
Miscellaneous Cash Flow Adjustments
-0-0-0---
Net Cash Flow
6,101259.032,761-64.04-1,251-972.61

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
16,24314,56510,3555,3371,49110,533
Free Cash Flow Growth
43.47%40.66%94.03%258.02%-85.85%3.85%
Free Cash Flow Margin
13.46%11.91%7.53%4.58%1.36%10.86%
Free Cash Flow Per Share
2141.341919.651364.78703.37196.461388.20
Levered Free Cash Flow
16,89015,4838,5293,678877.278,428
Unlevered Free Cash Flow
17,85616,4839,8274,9621,8029,079

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
1,5131,5292,0422,0511,5541,116
Cash Income Tax Paid
3,0143,0463,4731,4233,1114,994
Change in Working Capital
4,4323,258-1,446-7,421-6,081163.91