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GSE Co., Ltd. (KOSDAQ:053050)
South Korea flag South Korea · Delayed Price · Currency is KRW
1,930.00
+42.00 (2.22%)
At close: Oct 8, 2026

GSE Co., Ltd. Cash Flow Statement

Millions KRW. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
3,9643,8753,5635,5885,9024,075
Depreciation & Amortization
8,3108,1727,7907,4647,1456,741
Loss (Gain) From Sale of Assets
-10.45-37.72-18.18-39.11-944.02189.11
Loss (Gain) From Sale of Investments
3.78-5.41-344.48-18.41-8.722.07
Provision & Write-off of Bad Debts
-51.881.93-8.747.8825.84-3.5
Other Operating Activities
2,5452,392494.36682.012,5681,008
Change in Accounts Receivable
-5,055982.873,2801,454-12,230-382.83
Change in Inventory
0.1516.797.81.84-37.03-22.66
Change in Accounts Payable
4,698-1,217-2,773-4,29112,5982,422
Change in Unearned Revenue
---2,1733,9411,211
Change in Other Net Operating Assets
-733.28-2,1122,466-2,756-1,126507.96
Operating Cash Flow
13,67012,06814,45610,26617,83515,746
Operating Cash Flow Growth
-7.30%-16.52%40.81%-42.44%13.26%16.19%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-10,182-13,549-41,173-18,639-16,797-20,107
Sale of Property, Plant & Equipment
10.4537.7318.1874.913,12540.55
Sale (Purchase) of Intangibles
-108--395.56-18-115.2-13.5
Investment in Securities
-227.26-450.98-2,388-4,4381,923-2,044
Other Investing Activities
6,2934,3065,5958,5997,6997,458
Investing Cash Flow
-4,286-10,181-36,309-14,444-16,476-14,652

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-11,00026,0004,50027,0006,000
Long-Term Debt Issued
-1,3921,4762,1902,4492,325
Total Debt Issued
807.2912,39227,4766,69029,4498,325
Short-Term Debt Repaid
--13,500--4,000-27,149-6,700
Long-Term Debt Repaid
--1,737-1,514-1,462-1,339-1,064
Total Debt Repaid
-1,972-15,237-1,514-5,462-28,488-7,764
Net Debt Issued (Repaid)
-1,164-2,84425,9611,228960.87561.71
Issuance of Common Stock
-----5,526
Dividends Paid
-1,200-1,200-1,200-1,200-1,200-1,108
Other Financing Activities
00--0--0
Financing Cash Flow
-2,364-4,04424,76228.39-238.644,979

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Miscellaneous Cash Flow Adjustments
---0--0-
Net Cash Flow
7,020-2,1562,909-4,1501,1206,073

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
3,488-1,480-26,717-8,3731,038-4,361
Free Cash Flow Growth
------
Free Cash Flow Margin
2.02%-0.87%-17.17%-4.96%0.60%-3.39%
Free Cash Flow Per Share
116.32-49.36-890.94-279.2034.60-154.14
Levered Free Cash Flow
508.496,509-24,530-14,626-16,976-8,524
Unlevered Free Cash Flow
1,4837,484-23,349-14,129-16,606-8,238

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
1,5471,5801,837794.76569.12452.07
Cash Income Tax Paid
654.68659.98493.51-25.25567.69444.53
Change in Working Capital
-1,091-2,3292,980-3,4193,1473,735