Shin Shin Co Ltd. (TPE:2901)

Shin Shin Co Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	24.67	29.89	29.62	16.75	4.88	14.09
Depreciation & Amortization	19.52	19.83	21.02	22.82	20.78	19.96
Loss (Gain) From Sale of Assets	-	-	0.66	-	-	-
Other Operating Activities	-6	-9.67	-2.14	0.11	-4.91	-4.78
Change in Accounts Receivable	-6.85	1.77	-1.81	0.2	-3.01	5.41
Change in Inventory	0.88	1.57	-1.3	-0.63	-0.77	0.75
Change in Accounts Payable	3.25	-2.57	-1.79	2.16	5.5	2.84
Change in Other Net Operating Assets	-1.2	1.44	4.04	2.6	-5.94	-4.09
Operating Cash Flow	34.27	42.25	48.29	44.01	16.53	34.17
Operating Cash Flow Growth	-23.75%	-12.52%	9.75%	166.18%	-51.62%	-21.41%
Capital Expenditures	-2.72	-6.58	-3.36	-3.91	-10.18	-0.93
Sale (Purchase) of Real Estate	-2.68	-	-	-13.18	-	-
Investment in Securities	3.76	-	-	-	-	-
Other Investing Activities	6.83	6.75	4.99	2.88	2.75	3.86
Investing Cash Flow	5.19	0.17	1.63	-14.21	-7.43	2.94
Long-Term Debt Repaid	-	-3.04	-3	-2.83	-2.67	-2.75
Net Debt Issued (Repaid)	-3.09	-3.04	-3	-2.83	-2.67	-2.75
Common Dividends Paid	-27.1	-26.34	-15.44	-4.77	-12.82	-29.53
Financing Cash Flow	-30.19	-29.38	-18.43	-7.6	-15.49	-32.28
Net Cash Flow	9.27	13.04	31.49	22.19	-6.39	4.83
Free Cash Flow	31.54	35.67	44.94	40.09	6.35	33.25
Free Cash Flow Growth	-17.59%	-20.62%	12.08%	531.30%	-80.90%	-20.43%
Free Cash Flow Margin	24.28%	26.69%	33.71%	35.38%	6.84%	30.50%
Free Cash Flow Per Share	0.43	0.49	0.61	0.55	0.09	0.46
Cash Interest Paid	0.03	0.06	0.1	0.14	0.17	0.09
Cash Income Tax Paid	7.48	12.37	3.78	1.1	3.48	4.47
Levered Free Cash Flow	28.28	20.91	37.2	26.02	6.89	29.12
Unlevered Free Cash Flow	28.3	20.94	37.27	26.1	6.99	29.18
Change in Working Capital	-3.93	2.2	-0.86	4.32	-4.22	4.91

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.