Korea District Heating Corp. (KRX:071320)
South Korea · Delayed Price · Currency is KRW 75,400
-1,100 (-1.44%)
Last updated: Sep 4, 2026, 2:27 PM KST
Korea District Heating 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 | Jun '26 Jun 30, 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 | 353,690 | 338,886 | 210,167 | 199,404 | -183,875 | 21,459 |
Depreciation & Amortization | 374,525 | 367,678 | 335,448 | 313,531 | 285,876 | 265,408 |
Loss (Gain) From Sale of Assets | 4,253 | 4,245 | -14,995 | 5,828 | 4,903 | 6,962 |
Asset Writedown & Restructuring Costs | 3,114 | 3,114 | 20 | 21.4 | -198,081 | 2,953 |
Loss (Gain) on Equity Investments | -2,548 | -2,681 | 131 | -380.73 | -260.68 | -728.89 |
Provision & Write-off of Bad Debts | 416 | 250 | 750 | -1,625 | -605.61 | -271.21 |
Other Operating Activities | 101,281 | 91,102 | 34,645 | 19,937 | -60,301 | -36,197 |
Change in Accounts Receivable | 16,413 | 72,345 | -17,202 | 141,979 | -304,659 | -111,106 |
Change in Inventory | 2,541 | 15,383 | 35,421 | -1,250 | -21,299 | 1,249 |
Change in Accounts Payable | 17,233 | -176,541 | -1,962 | -497,796 | 495,980 | 275,519 |
Change in Unearned Revenue | 41,725 | 41,836 | 48,532 | 63,373 | 95,228 | 101,210 |
Change in Income Taxes | -1 | 21 | - | - | - | - |
Change in Other Net Operating Assets | -114,687 | -78,290 | -214,236 | -384,827 | -98,292 | -108,823 |
Operating Cash Flow | 797,955 | 677,348 | 416,719 | -141,805 | 14,613 | 417,634 |
Operating Cash Flow Growth | 14.17% | 62.54% | - | - | -96.50% | 9.36% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | -317,075 | -333,056 | -649,141 | -640,444 | -521,081 | -515,733 |
Sale of Property, Plant & Equipment | 1,974 | 1,553 | 539 | 1,298 | 2,655 | 2,489 |
Sale (Purchase) of Intangibles | -1,485 | -784 | -411 | -56.06 | -1,755 | -4,153 |
Investment in Securities | -400 | -1,600 | -300 | 700 | -4,152 | -3,061 |
Other Investing Activities | -2,069 | -4,223 | 25,207 | 5,049 | -3,996 | -9,024 |
Investing Cash Flow | -310,410 | -327,579 | -624,380 | -633,636 | -540,958 | -541,538 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Short-Term Debt Issued | - | 400,000 | 553,727 | 1,657,155 | 640,000 | 360,288 |
Long-Term Debt Issued | - | 512,350 | 930,000 | 773,250 | 842,950 | 440,000 |
Total Debt Issued | 1,551,003 | 912,350 | 1,483,727 | 2,430,405 | 1,482,950 | 800,288 |
Short-Term Debt Repaid | - | -933,727 | -1,250,000 | -1,907,155 | -910,288 | -660,000 |
Long-Term Debt Repaid | - | -8,622 | -8,814 | -10,231 | -11,153 | -10,413 |
Total Debt Repaid | -1,975,470 | -942,349 | -1,258,814 | -1,917,386 | -921,441 | -670,413 |
Net Debt Issued (Repaid) | -424,467 | -29,999 | 224,913 | 513,019 | 561,509 | 129,875 |
Dividends Paid | -85,367 | -62,464 | -19,595 | -10,740 | -16,173 | -18,118 |
Other Financing Activities | -252,004 | -251,060 | -4,891 | 248,244 | 3,473 | -878.9 |
Financing Cash Flow | -761,838 | -343,523 | 200,427 | 750,523 | 548,809 | 110,878 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Miscellaneous Cash Flow Adjustments | - | - | - | 0 | - | 0 |
Net Cash Flow | -274,293 | 6,246 | -7,234 | -24,918 | 22,463 | -13,026 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 480,880 | 344,292 | -232,422 | -782,249 | -506,468 | -98,099 |
Free Cash Flow Growth | 111.57% | - | - | - | - | - |
Free Cash Flow Margin | 12.38% | 8.61% | -6.51% | -19.79% | -12.14% | -3.87% |
Free Cash Flow Per Share | 41850.34 | 29734.83 | -20073.16 | -67559.04 | -43741.18 | -8472.32 |
Levered Free Cash Flow | 92,458 | 251,855 | -338,429 | -468,383 | -420,862 | -180,186 |
Unlevered Free Cash Flow | 162,461 | 323,135 | -277,234 | -413,266 | -380,876 | -147,757 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 123,917 | 123,863 | 117,217 | 100,748 | 70,447 | 58,006 |
Cash Income Tax Paid | 13,198 | 2,414 | 1,480 | 87.54 | 1,268 | 10,207 |
Change in Working Capital | -36,776 | -125,246 | -149,447 | -678,521 | 166,958 | 158,049 |