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Forest Water Environmental Engineering Co., Ltd. (TPE:8473)
Taiwan flag Taiwan · Delayed Price · Currency is TWD
45.50
+0.50 (1.11%)
Aug 26, 2026, 1:30 PM CST

TPE:8473 Cash Flow Statement

Millions TWD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
628.24461.88167.1939.75-273195.87
Depreciation & Amortization
206.55205.14178.85187.43193.52192.56
Other Amortization
-----0.12
Loss (Gain) From Sale of Assets
0.71-0.84-12.660.441.310.15
Asset Writedown & Restructuring Costs
44--8.1922157.5
Loss (Gain) From Sale of Investments
8.86.76-35.85-11.919.371.23
Loss (Gain) on Equity Investments
-5.31-4.41-6.77-5.534.78-13.76
Stock-Based Compensation
4.053.5----
Provision & Write-off of Bad Debts
10.029.920.03---
Other Operating Activities
158.47200.5923.37162.79221.94170.06
Change in Accounts Receivable
-693.31-513.49-53.3207.8-778.41623.79
Change in Inventory
-----0.21
Change in Accounts Payable
410.7431.34130.29-26.19116.74-239.44
Change in Unearned Revenue
247.3231.08114.2111.1-93.97-425.02
Change in Other Net Operating Assets
486.31644.81218.14-28.23348.64-378.34
Operating Cash Flow
1,4321,640887.87566.68-318.3996.36
Operating Cash Flow Growth
54.21%84.73%56.68%---82.91%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-33.7-81.76-433.99-80.48-44.13-22.11
Sale of Property, Plant & Equipment
28.573.28334.970.090.430.38
Divestitures
-4.44-4.44----
Sale (Purchase) of Intangibles
-21.77-15.81-12.49-2.11-1.02-2.21
Investment in Securities
-70.06-142.98110.83-7.1816.46190.93
Other Investing Activities
---19.37--
Investing Cash Flow
-101.41-241.72-0.68-70.31-28.27167

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-185-181.17570.28-
Long-Term Debt Issued
-149.971,770-59.241,070
Total Debt Issued
1,050334.971,770181.17629.521,070
Short-Term Debt Repaid
--240-802.17-240--240.85
Long-Term Debt Repaid
--340.73-181.93-317.61-820.64-498.24
Total Debt Repaid
-533.14-580.73-984.1-557.61-820.64-739.09
Net Debt Issued (Repaid)
517.15-245.76785.91-376.44-191.13331.19
Issuance of Common Stock
---300.01--
Common Dividends Paid
-63.67-131.12---192.59-177.35
Other Financing Activities
-1,2166.25-712.77.63-41.9-20.07
Financing Cash Flow
-763-370.6373.21-68.81-425.62133.77

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
---0.350.07-0.06
Net Cash Flow
568.011,028960.39427.92-772.21397.07

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
1,3991,558453.88486.2-362.5274.25
Free Cash Flow Growth
69.93%243.35%-6.65%---86.46%
Free Cash Flow Margin
26.04%30.41%13.40%13.21%-9.24%1.87%
Free Cash Flow Per Share
7.418.272.412.75-2.440.45
Levered Free Cash Flow
885.431,351-319.91524.81-262.94413.57
Unlevered Free Cash Flow
988.451,454-225.43630.3-172.91502.45

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
141.09141.52129.33131.3111.01106.5
Cash Income Tax Paid
166.99109.31128.8278.7143.72121.53
Change in Working Capital
416.9753.63573.71201.91-498.31-607.36