Vetnostrum Animal Health Co., Ltd. (TPE:6936)

Vetnostrum Animal Health 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 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Net Income	161.63	128.85	136.62	91.6	106.52	103.69
Depreciation & Amortization	71.57	73.49	75.94	76.74	78.22	62.67
Other Amortization	0.2	0.2	0.21	-	-	1.86
Loss (Gain) From Sale of Assets	0.4	0.41	1.89	-0.04	0.05	0.07
Loss (Gain) From Sale of Investments	9.7	3.66	-	-	-	-
Stock-Based Compensation	0.47	8.3	-	-	5.3	-
Provision & Write-off of Bad Debts	-	-	-	-0.1	0.01	0.11
Other Operating Activities	4.8	-8.69	12.78	-4.18	-1.12	1.89
Change in Accounts Receivable	-38.94	-1.75	-28.05	10.74	10.41	2.89
Change in Inventory	13.97	72.83	-56.19	13.72	-34.12	-24.79
Change in Accounts Payable	47.17	10.98	12.6	24.44	-26.28	-30.64
Change in Unearned Revenue	-	-	-	-	-4.36	2.58
Change in Other Net Operating Assets	20.75	0.65	24.59	22.57	-7.06	0.13
Operating Cash Flow	291.72	288.93	180.39	235.49	127.56	120.47
Operating Cash Flow Growth	50.66%	60.17%	-23.40%	84.61%	5.89%	-40.87%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Capital Expenditures	-30.57	-25.65	-30.2	-15.49	-22.05	-68.75
Sale of Property, Plant & Equipment	-	-	-	0.04	0.36	0.64
Investment in Securities	-100.54	-311.86	-10	-	-	-
Other Investing Activities	0.07	0.74	-0.44	-0.33	3.87	-0.47
Investing Cash Flow	-131.04	-336.77	-40.64	-15.78	-17.83	-68.58

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Short-Term Debt Issued	-	60	350	580	970	-
Long-Term Debt Issued	-	-	-	-	-	66
Total Debt Issued	-	60	350	580	970	66
Short-Term Debt Repaid	-	-60	-420	-700	-890	-21
Long-Term Debt Repaid	-	-11.43	-9.09	-8.56	-148.42	-7.54
Lease Payments	-11.36	-11.43	-9.09	-8.56	-8.42	-7.54
Total Debt Repaid	-11.36	-71.43	-429.09	-708.56	-1,038	-28.54
Net Debt Issued (Repaid)	-11.36	-11.43	-79.09	-128.56	-68.42	37.47
Issuance of Common Stock	0.74	207.46	0.83	1.27	53	-
Common Dividends Paid	-122.73	-122.73	-68.94	-80.12	-82.5	-81.4
Financing Cash Flow	-133.35	73.31	-147.2	-207.4	-97.92	-43.94

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Net Cash Flow	27.33	25.47	-7.46	12.31	11.81	7.95

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Free Cash Flow	261.15	263.28	150.19	220	105.51	51.71
Free Cash Flow Growth	53.24%	75.30%	-31.74%	108.51%	104.04%	219.57%
Free Cash Flow Margin	17.50%	18.59%	11.61%	18.22%	8.90%	4.68%
Free Cash Flow Per Share	3.58	3.71	2.26	3.31	1.66	0.94
Levered Free Cash Flow	196.64	231.7	118.21	204.08	-	30.99
Unlevered Free Cash Flow	196.89	232.05	118.9	205.32	-	32.35
Free Cash Flow After Leases	249.79	251.85	141.1	211.45	97.09	44.18

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020
Cash Interest Paid	0.4	0.56	1.15	2.17	2.94	2.16
Cash Income Tax Paid	31.65	38.66	18.96	25.15	26.43	27.31
Change in Working Capital	42.95	82.71	-47.05	71.47	-61.4	-49.83

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 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:

Oct 9, 2026

Data Sources Report a data error