Daxin Materials 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	756.96	570.61	523.35	426.12	680.41
Depreciation & Amortization	268.1	267.77	257	218.18	213.15
Other Amortization	4.07	3.56	2.93	3.24	2.92
Loss (Gain) From Sale of Assets	-0.23	-0.55	-0.29	-	0.26
Loss (Gain) From Sale of Investments	0.76	9.54	-5.33	-1.05	0.44
Provision & Write-off of Bad Debts	-	-	-3	3	12.1
Other Operating Activities	28.78	-9.61	20.81	-15.12	10.78
Change in Accounts Receivable	-40.68	-64	-52.66	304.98	-105.73
Change in Inventory	-45.67	-54.4	11.03	-25.1	-79.66
Change in Accounts Payable	-8.29	89.79	-56.53	-121.59	42.84
Change in Other Net Operating Assets	17.03	52.7	27.91	-60.28	9.61
Operating Cash Flow	980.82	865.41	725.21	732.37	787.11
Operating Cash Flow Growth	13.34%	19.33%	-0.98%	-6.96%	-22.07%
Capital Expenditures	-266.98	-189.92	-217.54	-228.97	-397.85
Sale of Property, Plant & Equipment	0.23	0.69	0.35	-	-
Sale (Purchase) of Intangibles	-6.61	-4.12	-2.61	-2.76	-2.36
Investment in Securities	58.84	-325.95	-107.05	-110.25	11.25
Other Investing Activities	2.14	0.9	-1.92	-0.18	0.44
Investing Cash Flow	-212.37	-518.4	-328.77	-342.17	-388.53
Short-Term Debt Issued	150	160	195	120	230
Long-Term Debt Issued	-	145.8	60	181.5	54.3
Total Debt Issued	150	305.8	255	301.5	284.3
Short-Term Debt Repaid	-150	-160	-195	-120	-230
Long-Term Debt Repaid	-202.38	-120.63	-85.9	-31.07	-8.18
Total Debt Repaid	-352.38	-280.63	-280.9	-151.07	-238.18
Net Debt Issued (Repaid)	-202.38	25.17	-25.9	150.43	46.12
Common Dividends Paid	-513.58	-421.14	-338.96	-544.39	-513.58
Other Financing Activities	-	0.02	-	-0.13	-0.01
Financing Cash Flow	-715.96	-395.95	-364.86	-394.1	-467.47
Foreign Exchange Rate Adjustments	-	-	1.31	-0.01	-0.02
Net Cash Flow	52.49	-48.93	32.9	-3.89	-68.9
Free Cash Flow	713.84	675.49	507.67	503.41	389.26
Free Cash Flow Growth	5.68%	33.06%	0.85%	29.32%	-50.65%
Free Cash Flow Margin	15.42%	16.40%	11.91%	12.94%	8.62%
Free Cash Flow Per Share	6.93	6.55	4.92	4.87	3.77
Cash Interest Paid	7.1	7.48	7.13	5.02	3.96
Cash Income Tax Paid	107.8	109.8	77.14	91.72	90.27
Levered Free Cash Flow	479.54	483.14	329.1	364.97	210.72
Unlevered Free Cash Flow	483.91	487.84	333.57	368.17	213.21
Change in Working Capital	-77.61	24.09	-70.26	98.01	-132.95

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