SD SYSTEM Co., Ltd (KOSDAQ:121890)
South Korea · Delayed Price · Currency is KRW 1,938.00
+52.00 (2.76%)
At close: Jul 31, 2026
SD SYSTEM Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 325.5 | 1,274 | -1,827 | 2,637 | -602.63 | 2,409 |
Depreciation & Amortization | 197.8 | 197.86 | 211.63 | 226.02 | 135.42 | 70.61 |
Loss (Gain) From Sale of Assets | -1.8 | -0.09 | - | -1 | - | -30.5 |
Loss (Gain) From Sale of Investments | -63.38 | -62.2 | -101.42 | -57.98 | -54.6 | -301.55 |
Provision & Write-off of Bad Debts | 23.89 | -127.35 | 208.3 | -3.53 | -67.73 | -189.21 |
Other Operating Activities | 27.66 | 55.65 | 826.55 | 75.42 | -592.39 | -1,100 |
Change in Accounts Receivable | 924.21 | -3,614 | -1,309 | -159.97 | 3,809 | -3,194 |
Change in Inventory | 53.48 | 33.41 | 227.37 | 454.93 | 556.61 | 2,309 |
Change in Accounts Payable | 59.3 | -5.05 | 113.98 | -6.06 | 46.27 | -267.77 |
Change in Unearned Revenue | -792.93 | -2,250 | 2,020 | 733.27 | 72.69 | -1,672 |
Change in Other Net Operating Assets | -1,103 | 2,566 | 1,642 | -2,445 | -2,945 | 2,701 |
Operating Cash Flow | -349.24 | -1,932 | 2,012 | 1,453 | 357.45 | 733.19 |
Operating Cash Flow Growth | - | - | 38.49% | 306.50% | -51.25% | -84.82% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Capital Expenditures | -12.47 | -1.7 | -18.06 | -2.15 | -172.05 | -15 |
Sale of Property, Plant & Equipment | 1.8 | 0.09 | - | 1 | - | 10.09 |
Sale (Purchase) of Intangibles | - | - | -364 | -20 | -355.77 | - |
Investment in Securities | 985.28 | -971.8 | 1,500 | -2,021 | - | 603.07 |
Other Investing Activities | 50 | -20 | -224.5 | -5.46 | 144.77 | 0.19 |
Investing Cash Flow | 1,025 | -993.41 | 893.44 | -2,048 | -383.04 | 598.35 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Long-Term Debt Repaid | - | -26.29 | -44.04 | -64.17 | -66.88 | -162.66 |
Total Debt Repaid | -26.16 | -26.29 | -44.04 | -64.17 | -66.88 | -162.66 |
Net Debt Issued (Repaid) | -26.16 | -26.29 | -44.04 | -64.17 | -66.88 | -162.66 |
Issuance of Common Stock | - | - | 996.92 | - | 1,990 | - |
Other Financing Activities | - | - | -0 | - | -0 | - |
Financing Cash Flow | -26.16 | -26.29 | 952.88 | -64.17 | 1,923 | -162.66 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Foreign Exchange Rate Adjustments | 0.7 | -0.53 | 39.29 | 7.18 | 26.78 | 28.98 |
Net Cash Flow | 649.91 | -2,952 | 3,898 | -651.51 | 1,924 | 1,198 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | -361.71 | -1,933 | 1,994 | 1,451 | 185.4 | 718.19 |
Free Cash Flow Growth | - | - | 37.45% | 682.57% | -74.19% | -84.41% |
Free Cash Flow Margin | -1.45% | -6.71% | 11.04% | 6.81% | 0.82% | 3.35% |
Free Cash Flow Per Share | -26.91 | -145.47 | 153.95 | 114.37 | 17.06 | 74.74 |
Levered Free Cash Flow | -394.72 | -2,386 | 1,983 | -534.88 | 593.48 | -369 |
Unlevered Free Cash Flow | -393.61 | -2,385 | 1,984 | -530.53 | 597 | -364.59 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash Interest Paid | 1.78 | 1.83 | 1.69 | 5.58 | 3.7 | 7.05 |
Cash Income Tax Paid | - | -0.12 | 15.46 | 1.45 | -1 | -29.84 |
Change in Working Capital | -858.93 | -3,270 | 2,695 | -1,423 | 1,539 | -125.31 |