Hwaseung R&A Co., Ltd. (KRX:378850)

Hwaseung R&A Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	35,169	18,234	32,423	24,209	12,685	6,832
Depreciation & Amortization	17,904	17,641	18,676	18,623	20,618	22,286
Loss (Gain) From Sale of Assets	-98.37	-56.38	-2,186	-400.66	-986.06	-150.64
Asset Writedown & Restructuring Costs	59.89	59.89	-	-	-10.72	-12.47
Loss (Gain) From Sale of Investments	-9.09	-9.09	-4,535	-5,515	-2,043	-
Provision & Write-off of Bad Debts	7,474	9,684	8,054	9,415	2,177	3,400
Other Operating Activities	-3,901	-4,895	-501.15	8,130	14,157	3,315
Change in Accounts Receivable	-10,514	-2,224	-21,553	-11,929	-18,819	42,135
Change in Inventory	-16,941	-6,687	-7,746	-3,911	4,850	5,833
Change in Accounts Payable	21,521	12,257	-18,013	8,569	12,160	-35,168
Change in Other Net Operating Assets	735.71	5,856	-12,463	4,717	-13,480	-14,437
Operating Cash Flow	51,400	49,860	-7,843	51,909	31,307	34,033
Operating Cash Flow Growth	-	-	-	65.80%	-8.01%	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-20,941	-18,591	-19,241	-12,297	-9,858	-6,091
Sale of Property, Plant & Equipment	277.36	46.04	329.46	641.65	1,661	299.83
Sale (Purchase) of Intangibles	-177.8	17.42	-322.36	-466.36	1,067	-185.32
Investment in Securities	-735.28	3,029	-739.86	1,928	-719.95	2,316
Other Investing Activities	74.28	67.39	10,593	30.33	151.52	92.12
Investing Cash Flow	-21,503	-15,431	-9,380	-10,163	-7,698	-3,569

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	252,399	308,552	354,093	386,018	-
Total Debt Issued	233,741	252,399	308,552	354,093	386,018	278,182
Long-Term Debt Repaid	-	-271,252	-294,928	-391,652	-407,213	-
Total Debt Repaid	-261,070	-271,252	-294,928	-391,652	-407,213	-338,252
Net Debt Issued (Repaid)	-27,330	-18,853	13,624	-37,559	-21,195	-60,070
Repurchase of Common Stock	-	-	-	-	-	-26.55
Dividends Paid	-1,424	-1,424	-949.54	-949.54	-474.77	-
Other Financing Activities	-	-	-0	-0	-0	-0
Financing Cash Flow	-28,754	-20,277	12,674	-38,509	-21,670	-60,097

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-307.26	-293.61	-	-26.42	-104.65	-0.45
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	-0	-
Net Cash Flow	836.37	13,859	-4,549	3,210	1,835	-29,633

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	30,459	31,269	-27,084	39,611	21,450	27,942
Free Cash Flow Growth	-	-	-	84.67%	-23.23%	-
Free Cash Flow Margin	4.08%	4.38%	-3.83%	5.82%	3.26%	4.60%
Free Cash Flow Per Share	1605.34	1646.55	-1425.92	2085.82	1129.48	1471.34
Levered Free Cash Flow	-3,906	15,235	-41,172	38,678	29,197	-
Unlevered Free Cash Flow	450.06	19,959	-34,899	45,600	35,001	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	7,010	7,538	10,138	11,055	9,069	6,811
Cash Income Tax Paid	8,794	13,599	9,863	4,630	167.58	2,601
Change in Working Capital	-5,198	9,202	-59,775	-2,554	-15,289	-1,636

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error