Micro-Star International Co., Ltd. (TPE:2377)
Taiwan · Delayed Price · Currency is TWD 150.50
+1.50 (1.01%)
Sep 14, 2026, 1:30 PM CST
Micro-Star International Cash Flow Statement
Financials in millions TWD. Fiscal year is January - December.
Millions TWD. 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 | 9,744 | 5,748 | 6,793 | 7,533 | 9,963 | 16,921 |
Depreciation & Amortization | 1,384 | 1,392 | 1,344 | 1,375 | 1,403 | 1,240 |
Loss (Gain) From Sale of Assets | -11.12 | -59.64 | -21.21 | -31.56 | 0.75 | -0.86 |
Asset Writedown & Restructuring Costs | 57.5 | 57.5 | - | - | - | - |
Loss (Gain) From Sale of Investments | 790.21 | 215.66 | -101.93 | 142.67 | 50.06 | -125.65 |
Provision & Write-off of Bad Debts | 95.81 | -17.34 | 69.81 | 17.98 | 46.38 | 13.42 |
Other Operating Activities | 937.83 | 565.89 | -1,240 | 1,047 | -2,630 | 1,213 |
Change in Accounts Receivable | 3,203 | -3,377 | -3,173 | -1,452 | 10,713 | -7,537 |
Change in Inventory | -13,396 | -10,908 | -3,463 | -4,100 | 8,645 | -10,457 |
Change in Accounts Payable | -2,685 | 7,709 | 4,275 | -235.47 | -9,261 | 6,753 |
Change in Unearned Revenue | 166.11 | 1,050 | 1.36 | -1,095 | 841.49 | 192.77 |
Change in Other Net Operating Assets | 1,466 | 1,625 | 543.2 | 1,767 | -4,036 | 4,272 |
Operating Cash Flow | 1,741 | 3,971 | 5,001 | 5,008 | 15,639 | 12,613 |
Operating Cash Flow Growth | -83.63% | -20.59% | -0.13% | -67.98% | 23.99% | 16.52% |
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 | -2,034 | -3,553 | -2,307 | -689.77 | -821.22 | -1,561 |
Sale of Property, Plant & Equipment | 38.36 | 105.08 | 73.82 | 66.46 | 1.2 | 2.07 |
Sale (Purchase) of Real Estate | -0.97 | - | -0.9 | -0.2 | -0.51 | -0.91 |
Investment in Securities | -1,794 | 1,027 | -933.13 | -11.88 | -52.88 | 625.2 |
Other Investing Activities | 11.55 | 9.71 | -14.55 | -15.77 | 31.07 | -34.3 |
Investing Cash Flow | -3,779 | -2,411 | -3,182 | -651.17 | -842.34 | -968.64 |
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 | - | 4,500 | - | - | - | - |
Long-Term Debt Issued | - | 6,331 | - | - | - | - |
Total Debt Issued | 4,579 | 10,831 | - | - | - | - |
Short-Term Debt Repaid | - | - | - | - | -2,000 | -1,000 |
Long-Term Debt Repaid | - | -454.41 | -376.18 | -317.35 | -295.6 | -256.81 |
Lease Payments | -421.52 | -439.81 | -376.18 | -317.35 | -295.6 | -243.02 |
Total Debt Repaid | -4,949 | -454.41 | -376.18 | -317.35 | -2,296 | -1,257 |
Net Debt Issued (Repaid) | -370.19 | 10,377 | -376.18 | -317.35 | -2,296 | -1,257 |
Common Dividends Paid | -4,224 | -4,224 | -4,562 | -5,576 | -8,871 | -5,154 |
Other Financing Activities | 186.61 | 117.23 | 79.29 | -5.07 | 31.13 | -0.66 |
Financing Cash Flow | -4,408 | 6,270 | -4,859 | -5,898 | -11,135 | -6,411 |
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 |
Foreign Exchange Rate Adjustments | 1,915 | 212.86 | 310.35 | -161.16 | 159.19 | -164.34 |
Net Cash Flow | -4,530 | 8,043 | -2,729 | -1,703 | 3,821 | 5,069 |
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 | -293.05 | 418.29 | 2,694 | 4,318 | 14,818 | 11,052 |
Free Cash Flow Growth | - | -84.48% | -37.60% | -70.86% | 34.07% | 12.16% |
Free Cash Flow Margin | -0.13% | 0.18% | 1.36% | 2.36% | 8.21% | 5.48% |
Free Cash Flow Per Share | -0.34 | 0.49 | 3.17 | 5.08 | 17.33 | 12.92 |
Levered Free Cash Flow | -3,649 | -799.22 | -147.5 | 2,570 | 11,856 | 6,609 |
Unlevered Free Cash Flow | -3,529 | -714.63 | -119.82 | 2,587 | 11,880 | 6,621 |
Free Cash Flow After Leases | -714.57 | -21.51 | 2,318 | 4,001 | 14,522 | 10,809 |
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 | 198.31 | 128.71 | 44.11 | 27.44 | 39.63 | 19.39 |
Cash Income Tax Paid | 914.23 | 722.06 | 2,952 | 586.33 | 4,944 | 2,496 |
Change in Working Capital | -11,257 | -3,930 | -1,842 | -5,076 | 6,806 | -6,649 |