Sangshin Electronics 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	1,734	2,405	2,238	1,125	2,074
Depreciation & Amortization	2,113	1,988	1,815	1,218	1,196
Loss (Gain) From Sale of Assets	-97.59	-1.54	73.73	41.72	-121.18
Asset Writedown & Restructuring Costs	-	-	28.64	-	-
Provision & Write-off of Bad Debts	-2.5	153.52	11.42	-	1.8
Other Operating Activities	25.95	235.78	-1,118	-781.05	280.49
Change in Accounts Receivable	-1,385	-3,005	-2,479	2,880	-2,786
Change in Inventory	-853.03	4,953	-2,399	-7,116	-1,557
Change in Accounts Payable	1,868	-4,608	7,685	2,456	-1,395
Change in Other Net Operating Assets	129.2	-831.89	438.53	-1,062	332.79
Operating Cash Flow	3,533	1,290	6,294	-1,239	-1,974
Operating Cash Flow Growth	173.96%	-79.51%	-	-	-
Capital Expenditures	-1,892	-901.3	-4,517	-5,151	-2,584
Sale of Property, Plant & Equipment	248.33	3.3	5.77	25.18	27.03
Sale (Purchase) of Intangibles	-188.1	-	-	-	-
Investment in Securities	213.24	757.73	-	1,450	2,070
Other Investing Activities	10	-100	1,761	1,511	2.28
Investing Cash Flow	-1,612	-240.27	-2,752	-2,167	15.87
Short-Term Debt Issued	-	-	-	-	684.44
Long-Term Debt Issued	-	783.66	9,783	6,354	4,225
Total Debt Issued	-	783.66	9,783	6,354	4,909
Short-Term Debt Repaid	-	-	-	-	-3,280
Long-Term Debt Repaid	-3,127	-3,899	-5,006	-2,559	-316.68
Total Debt Repaid	-3,127	-3,899	-5,006	-2,559	-3,597
Net Debt Issued (Repaid)	-3,127	-3,115	4,777	3,795	1,313
Other Financing Activities	-8.58	-	-	-0	-353.43
Financing Cash Flow	-3,136	-3,115	4,777	3,795	959.37
Foreign Exchange Rate Adjustments	-103.48	559.73	24.78	-47.05	347.05
Net Cash Flow	-1,318	-1,506	8,343	342.45	-651.79
Free Cash Flow	1,641	388.34	1,777	-6,391	-4,558
Free Cash Flow Growth	322.59%	-78.15%	-	-	-
Free Cash Flow Margin	1.27%	0.31%	1.62%	-5.74%	-4.43%
Free Cash Flow Per Share	107.89	27.28	124.80	-448.74	-320.06
Cash Interest Paid	759.6	1,353	1,137	859.7	627.89
Cash Income Tax Paid	515.82	730.57	472.71	250.21	-62.03
Levered Free Cash Flow	725.6	-1,418	83.06	-5,444	-5,748
Unlevered Free Cash Flow	1,191	-686.7	791.45	-4,993	-5,467
Change in Working Capital	-240.3	-3,491	3,245	-2,842	-5,405

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