Sino Horizon Holdings Limited (TPE:2923)

Sino Horizon Holdings 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-5,478	-6,304	759.3	565.35	592.8	1,171
Depreciation & Amortization	63.97	64.29	70.74	67.29	62.85	70.88
Other Amortization	2.64	2.64	2.94	3.07	3.09	2.47
Loss (Gain) From Sale of Assets	0.26	0.3	0.46	-0.21	-0.04	3.24
Asset Writedown & Restructuring Costs	8,158	8,141	929.79	160.74	1,435	187
Loss (Gain) From Sale of Investments	-1,822	-959.63	-1,491	86.36	601.45	199.66
Provision & Write-off of Bad Debts	9.51	68.91	14.2	128.89	-	-
Other Operating Activities	-1,347	-1,080	-409.65	-515.35	-452.15	-1,925
Change in Accounts Receivable	17.83	71.1	33.61	43.1	-65.59	-37.06
Change in Inventory	1,296	-1,141	-189.68	1,125	87.55	-6,754
Change in Accounts Payable	1,209	1,201	-78.16	448.24	-264.56	1.23
Change in Unearned Revenue	-3,876	-2,769	-2,911	1,532	113.92	4,997
Change in Other Net Operating Assets	3,325	2,894	-2,070	-3,322	-176.59	205.91
Operating Cash Flow	1,559	189.53	-5,339	322.99	1,937	-1,878
Operating Cash Flow Growth	-	-	-	-83.33%	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-0.54	-0.55	-9.29	-182.58	-64.75	-25.83
Sale of Property, Plant & Equipment	-	-	0.56	0.43	0.16	-
Sale (Purchase) of Real Estate	-61.45	-61.45	-52.18	-11,628	-133.37	-8.94
Investment in Securities	-3,896	4,435	-3,644	1,121	5,498	11,009
Other Investing Activities	202.42	393.62	662.59	535.92	478.1	804.56
Investing Cash Flow	-3,756	4,766	-3,042	-10,153	5,778	11,779

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	19,375	8,857	6,893	-	-
Long-Term Debt Issued	-	13,514	12,138	8,210	31,421	6,817
Total Debt Issued	30,078	32,889	20,995	15,102	31,421	6,817
Short-Term Debt Repaid	-	-23,429	-4,336	-1,456	-148.13	-519.82
Long-Term Debt Repaid	-	-13,521	-9,479	-5,660	-33,138	-13,882
Total Debt Repaid	-32,246	-36,951	-13,815	-7,116	-33,286	-14,402
Net Debt Issued (Repaid)	-2,169	-4,061	7,180	7,986	-1,865	-7,585
Common Dividends Paid	-417.67	-417.67	-348.06	-1,044	-2,088	-2,088
Other Financing Activities	-	-	-97.36	952	-	-
Financing Cash Flow	-2,587	-4,479	6,735	7,894	-3,953	-9,673

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	1,116	47.44	294.9	-168.35	90.71	-50.95
Net Cash Flow	-3,667	524.5	-1,352	-2,105	3,853	177.04

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	1,559	188.99	-5,348	140.41	1,873	-1,904
Free Cash Flow Growth	-	-	-	-92.50%	-	-
Free Cash Flow Margin	18.36%	3.26%	-62.45%	1.20%	20.31%	-39.63%
Free Cash Flow Per Share	0.88	0.11	-3.07	0.08	1.07	-1.09
Levered Free Cash Flow	21,290	26,118	-8,041	3,721	5,938	-3,860
Unlevered Free Cash Flow	22,513	27,235	-6,772	4,665	6,339	-3,574

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	2,285	2,285	2,776	2,487	1,709	1,424
Cash Income Tax Paid	509.81	509.81	1,937	3,018	1,123	1,023
Change in Working Capital	1,972	255.46	-5,216	-173.16	-305.27	-1,587

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 22, 2026

Data Sources Report a data error