Luhai Holding Corp. (TPE:2115)

Luhai Holding Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	132.7	165.16	213.52	175.03	226.86	399.29
Depreciation & Amortization	231.75	229.22	227.8	206.29	203.6	152.54
Other Amortization	2.94	3	2.55	2.07	2.1	2.39
Loss (Gain) From Sale of Assets	-1.58	1.06	0.93	-1.31	3.61	-2.96
Asset Writedown & Restructuring Costs	-	-	1.89	-	-	6.85
Loss (Gain) From Sale of Investments	-	-	-	-	-1.03	-4.46
Provision & Write-off of Bad Debts	0.77	-0.65	-0.66	-0.19	-2.88	0.87
Other Operating Activities	-17.82	-17.81	-130.25	-114.82	-25.67	-17.61
Change in Accounts Receivable	37.2	55.26	-42.45	4.45	75.18	-15.95
Change in Inventory	-173	-40.12	-105.44	-7.67	250.02	-99.16
Change in Accounts Payable	104.13	-27.48	44.29	14.01	-9.65	-76.67
Change in Unearned Revenue	-1.29	4.47	-1.17	-2.54	2.44	-0.55
Change in Other Net Operating Assets	-38.25	-22.7	34.16	-13.79	-24.07	62.87
Operating Cash Flow	277.54	349.41	245.18	261.52	700.5	407.46
Operating Cash Flow Growth	38.27%	42.51%	-6.25%	-62.67%	71.92%	54.62%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-180.43	-194.48	-144.06	-229.05	-385.08	-539.1
Sale of Property, Plant & Equipment	10.27	10.36	6.83	5.41	1.95	7.46
Sale (Purchase) of Intangibles	-1.69	-1.69	-1.16	-8.44	-3.33	-0.15
Sale (Purchase) of Real Estate	22.79	23.48	-	-	-	-
Investment in Securities	-	-	-	-	90.82	333.46
Other Investing Activities	-0.04	1.43	1.75	4.64	-7.98	-18.14
Investing Cash Flow	-149.1	-160.91	-136.65	-227.44	-303.62	-216.47

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	192.17	-	21	-
Long-Term Debt Issued	-	435.93	568.12	733.83	868.05	797.89
Total Debt Issued	425.84	435.93	760.29	733.83	889.05	797.89
Short-Term Debt Repaid	-	-99.26	-	-	-	-85.16
Long-Term Debt Repaid	-	-550.94	-756.88	-723.7	-1,098	-504.02
Total Debt Repaid	-548.43	-650.2	-756.88	-723.7	-1,098	-589.18
Net Debt Issued (Repaid)	-122.59	-214.28	3.4	10.13	-208.51	208.71
Common Dividends Paid	-156.56	-156.56	-99.4	-129.22	-198.81	-135.55
Other Financing Activities	19.31	18.83	0.89	1.72	-15.54	15.26
Financing Cash Flow	-259.84	-352.01	-95.11	-117.38	-422.86	88.41

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-17.26	-25.61	37.33	-13.41	23.07	-2.02
Net Cash Flow	-148.65	-189.11	50.76	-96.7	-2.91	277.38

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	97.12	154.93	101.11	32.47	315.42	-131.64
Free Cash Flow Growth	177.51%	53.22%	211.38%	-89.70%	-	-
Free Cash Flow Margin	3.27%	5.20%	3.23%	1.25%	10.37%	-3.88%
Free Cash Flow Per Share	0.93	1.48	0.97	0.31	3.02	-1.26
Levered Free Cash Flow	112.92	151.33	53.14	41.38	293.58	-175.07
Unlevered Free Cash Flow	130.14	169.47	78.53	67.9	310.64	-167.88

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	28.05	29.53	40.79	42.43	26.61	11.66
Cash Income Tax Paid	99.69	112.19	271.8	118.26	149.01	169.33
Change in Working Capital	-71.22	-30.57	-70.61	-5.55	293.91	-129.46

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Jul 25, 2026

Data Sources Report a data error