Huang Hsiang Construction 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	681.48	2,967	761.77	1,896	2,446
Depreciation & Amortization	326.99	247.54	167.96	176.48	178.64
Loss (Gain) From Sale of Assets	-0.03	0.32	-254.07	-442.88	-7.11
Loss (Gain) From Sale of Investments	-121.23	-27.44	1.95	34.01	16.18
Stock-Based Compensation	33.44	-	-	-	-
Other Operating Activities	-518.32	19.53	-65.94	-117.72	-9.95
Change in Accounts Receivable	84.49	60.23	-47.09	175.49	82.43
Change in Inventory	-5,145	2,138	-1,449	-3,049	-4,149
Change in Accounts Payable	123.01	580.8	372.24	-64.59	170.08
Change in Unearned Revenue	121.22	285.74	337.17	59.1	197.35
Change in Other Net Operating Assets	-696.22	-1,139	-647.57	-143.81	-19.94
Operating Cash Flow	-5,568	4,529	-852.75	-1,313	-1,293
Capital Expenditures	-7.44	-85.24	-183.17	-144.1	-115.69
Sale of Property, Plant & Equipment	0.23	1.48	-	0.02	0
Sale (Purchase) of Intangibles	-0.96	-3.06	-0.71	-0.22	-1.05
Sale (Purchase) of Real Estate	-13	-1,119	-733	250.62	-348.65
Investment in Securities	-1.23	-0.21	2.22	-0.71	-0.8
Investing Cash Flow	-22.4	-1,206	-914.66	105.61	-466.19
Short-Term Debt Issued	8,525	8,587	8,471	7,027	9,423
Long-Term Debt Issued	5,275	15,230	1,645	2,000	3,712
Total Debt Issued	13,800	23,817	10,116	9,027	13,135
Short-Term Debt Repaid	-5,241	-14,135	-6,194	-5,100	-6,710
Long-Term Debt Repaid	-4,782	-11,715	-747.23	-425.25	-2,158
Total Debt Repaid	-10,023	-25,850	-6,941	-5,525	-8,868
Net Debt Issued (Repaid)	3,777	-2,033	3,175	3,502	4,267
Issuance of Common Stock	2,002	-	-	-	-
Common Dividends Paid	-1,475	-753.79	-1,508	-2,065	-1,475
Other Financing Activities	26.55	33.48	4.04	-4.9	35.31
Financing Cash Flow	4,331	-2,753	1,672	1,432	2,827
Net Cash Flow	-1,260	569.38	-95.9	224.82	1,069
Free Cash Flow	-5,575	4,443	-1,036	-1,457	-1,408
Free Cash Flow Margin	-91.75%	35.86%	-21.83%	-20.61%	-17.94%
Free Cash Flow Per Share	-15.73	13.53	-3.16	-4.44	-4.29
Cash Interest Paid	1,096	952.07	782.98	583.33	422.5
Cash Income Tax Paid	402.39	175.8	75.67	131.65	34.07
Levered Free Cash Flow	-4,941	4,141	-1,112	-2,253	-2,406
Unlevered Free Cash Flow	-4,403	4,630	-713.66	-1,923	-2,169
Change in Working Capital	-5,970	1,322	-1,464	-2,859	-3,917

Source: S&P Global Market Intelligence. Standard template. Financial Sources.