Wellysun Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-12.5	23.65	0.37	22.39
Depreciation & Amortization	36.77	33.88	25.96	19.71
Loss (Gain) From Sale of Assets	1.58	0.31	-0.11	0.02
Stock-Based Compensation	0.91	0.91	2.55	9.65
Provision & Write-off of Bad Debts	3.46	7.45	4.21	-0.58
Other Operating Activities	-0.25	0.14	0.12	-
Change in Accounts Receivable	59.52	-27.74	64.77	-112.07
Change in Inventory	37.76	28.68	19.15	-56.36
Change in Accounts Payable	-24.07	-9.19	3.17	34.82
Change in Unearned Revenue	-3.76	-1.35	-0.71	-1.59
Change in Other Net Operating Assets	1.38	82.97	-86.39	27.56
Operating Cash Flow	101.93	139.72	33.11	-56.45
Operating Cash Flow Growth	-21.60%	321.97%	-	-
Capital Expenditures	-11.35	-54.1	-257.71	-80.45
Sale of Property, Plant & Equipment	0.72	-	0.53	-
Sale (Purchase) of Intangibles	-19.18	-17.43	-4.93	-0.62
Investment in Securities	10.98	-7.68	-10.5	-
Other Investing Activities	0.78	2.41	-1.44	148.98
Investing Cash Flow	-18.05	-76.8	-274.05	67.91
Short-Term Debt Issued	-	39.48	83.94	-
Long-Term Debt Issued	-	66	180	-
Total Debt Issued	34.96	105.48	263.94	-
Short-Term Debt Repaid	-	-51.11	-72.31	-
Long-Term Debt Repaid	-	-21.32	-11.26	-9.34
Total Debt Repaid	-60.48	-72.43	-83.57	-9.34
Net Debt Issued (Repaid)	-25.53	33.05	180.37	-9.34
Issuance of Common Stock	70	70	6	8
Common Dividends Paid	-21.42	-16.1	-15.89	-13.38
Financing Cash Flow	-14.25	86.95	170.48	-14.72
Foreign Exchange Rate Adjustments	-6.39	1.25	0.22	-2.05
Net Cash Flow	63.24	151.11	-70.23	-5.31
Free Cash Flow	90.58	85.61	-224.6	-136.9
Free Cash Flow Margin	11.19%	9.68%	-27.62%	-18.07%
Free Cash Flow Per Share	1.89	1.84	-4.88	-3.02
Cash Interest Paid	6.08	5.75	1.82	1.36
Levered Free Cash Flow	94.99	36.33	-268.79	-
Unlevered Free Cash Flow	98.79	39.92	-267.57	-
Change in Working Capital	70.83	73.37	0	-107.64

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