Cheryong Industrial Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	11,488	6,242	7,289	9,125	7,537
Depreciation & Amortization	619.98	570.66	485.81	449.93	406.55
Loss (Gain) From Sale of Assets	0.23	0.51	-17.83	3.33	-278.2
Loss (Gain) From Sale of Investments	-825.78	-	-	-22.61	-4.99
Loss (Gain) on Equity Investments	-681.58	-1,117	-970.37	-337.01	-207.38
Provision & Write-off of Bad Debts	-	-	-	-	-53.38
Other Operating Activities	2,011	790.43	-1,363	71.74	67.28
Change in Accounts Receivable	-180.36	3,016	-2,188	-613.72	1,013
Change in Inventory	-2,149	-1,558	4,842	-2,711	-3,472
Change in Accounts Payable	-2,303	-504.83	-2,512	2,380	1,083
Change in Other Net Operating Assets	5,033	191.18	18.37	23.91	38.76
Operating Cash Flow	13,013	7,630	5,585	8,370	6,129
Operating Cash Flow Growth	70.54%	36.63%	-33.27%	36.56%	63.86%
Capital Expenditures	-441.68	-494.06	-275.88	-273.62	-204.54
Sale of Property, Plant & Equipment	0.12	0.01	23.69	-	1.46
Sale (Purchase) of Intangibles	-80.38	-65.27	-67.85	-43.05	-17.42
Sale (Purchase) of Real Estate	-	-	-	-	450
Investment in Securities	-4,199	-6,001	-8,000	6,528	-4,500
Other Investing Activities	2.08	0	-9.28	19.5	-0
Investing Cash Flow	-4,719	-6,560	-8,329	6,234	-4,274
Short-Term Debt Issued	-	-	-	-	50
Total Debt Issued	-	-	-	-	50
Short-Term Debt Repaid	-	-	-	-	-50
Long-Term Debt Repaid	-117.69	-110.24	-80.3	-65.41	-55.09
Total Debt Repaid	-117.69	-110.24	-80.3	-65.41	-105.09
Net Debt Issued (Repaid)	-117.69	-110.24	-80.3	-65.41	-55.09
Issuance of Common Stock	-	-	-	-	15.61
Repurchase of Common Stock	-	-	-1,903	-945.59	-
Dividends Paid	-3,830	-3,830	-2,957	-2,000	-1,500
Other Financing Activities	-	-	-	-	-35.58
Financing Cash Flow	-3,948	-3,941	-4,940	-3,011	-1,575
Miscellaneous Cash Flow Adjustments	-0	0	-	0	-0
Net Cash Flow	4,346	-2,871	-7,685	11,593	279.52
Free Cash Flow	12,571	7,136	5,309	8,096	5,924
Free Cash Flow Growth	76.16%	34.42%	-34.43%	36.66%	77.98%
Free Cash Flow Margin	33.15%	24.33%	12.98%	13.65%	15.83%
Free Cash Flow Per Share	-	372.61	276.25	405.22	296.24
Cash Interest Paid	8.47	10.02	5.55	2.73	2.1
Cash Income Tax Paid	1,045	911.14	2,552	1,858	616.97
Levered Free Cash Flow	8,805	4,353	2,164	6,755	1,636
Unlevered Free Cash Flow	8,811	4,360	2,168	6,757	1,637
Change in Working Capital	400.76	1,144	160.57	-920.98	-1,338

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.