Lung Hwa Electronics Cash Flow Statement

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

Millions TWD. 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	-78.13	-187.1	-194.56	-170.04	-223.39
Depreciation & Amortization	95.64	89.61	94.16	95.82	109.98
Loss (Gain) From Sale of Assets	-	-0.51	-	-0.11	-
Provision & Write-off of Bad Debts	-0.93	3.74	-	-	0.48
Other Operating Activities	3.16	1.66	-4.47	-0.87	-0.27
Change in Accounts Receivable	7.23	-11.88	-14.84	-15.47	1.86
Change in Inventory	-0.43	7.28	-28.54	-2.65	-7.45
Change in Accounts Payable	-2.15	-2.67	2.21	1.64	-1.68
Change in Unearned Revenue	-0.27	-5.4	11.75	-0.23	2.02
Change in Other Net Operating Assets	-7.72	6.51	12.58	2.84	10.91
Operating Cash Flow	16.41	-98.75	-121.71	-89.08	-107.55
Capital Expenditures	-0.48	-2.26	-4.01	-8.19	-13.08
Sale of Property, Plant & Equipment	-	1.63	-	0.84	-
Divestitures	-	-	-	-	55
Sale (Purchase) of Intangibles	-	-	-0.31	-	-
Investment in Securities	22.99	-20.14	-16.15	-	-
Other Investing Activities	1.21	-3.29	1.53	-19.58	0.7
Investing Cash Flow	23.73	-24.06	-18.94	-26.93	42.62
Short-Term Debt Issued	-	2.74	0.46	9.15	-
Long-Term Debt Issued	30	50	122	85	36.5
Total Debt Issued	30	52.74	122.46	94.15	36.5
Short-Term Debt Repaid	-23.38	-	-	-	-19.24
Long-Term Debt Repaid	-144.8	-173.05	-163.57	-126.94	-232.91
Total Debt Repaid	-168.19	-173.05	-163.57	-126.94	-252.16
Net Debt Issued (Repaid)	-138.19	-120.31	-41.11	-32.79	-215.66
Issuance of Common Stock	97.18	145.24	132.8	239.33	310.44
Other Financing Activities	-	57.18	63.09	8.95	1.4
Financing Cash Flow	-41.01	82.11	154.78	215.49	96.18
Foreign Exchange Rate Adjustments	1.36	0.54	0.43	-0.22	-
Net Cash Flow	0.49	-40.16	14.55	99.27	31.25
Free Cash Flow	15.93	-101.01	-125.73	-97.26	-120.63
Free Cash Flow Margin	8.49%	-72.11%	-117.86%	-122.46%	-920.25%
Free Cash Flow Per Share	0.27	-1.81	-2.56	-2.63	-4.63
Cash Interest Paid	6.5	11.79	13.25	8.45	8.5
Cash Income Tax Paid	-0.09	0.22	0.09	-0.01	-0.06
Levered Free Cash Flow	55.97	-40.23	-60.59	-42.7	9.22
Unlevered Free Cash Flow	60.03	-32.86	-52.31	-37.42	14.53
Change in Working Capital	-3.33	-6.15	-16.84	-13.87	5.66

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