Advanced Ceramic X 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	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	676.35	428.6	282.44	275.35	1,027	829.87	Upgrade
Depreciation & Amortization	326.01	360.19	368.84	362.86	278.24	152.99	Upgrade
Other Amortization	3.83	3.83	3.33	2.93	2.2	0.95	Upgrade
Loss (Gain) From Sale of Assets	-509.58	-1.69	-0.81	-0.72	-	-1.75	Upgrade
Provision & Write-off of Bad Debts	-0.59	0.04	-0.24	-2.77	1.79	1.18	Upgrade
Other Operating Activities	-89.58	-89.35	-6.83	77.99	50.77	57.73	Upgrade
Change in Accounts Receivable	59.34	-3.99	23.48	276.63	-179.04	-117.73	Upgrade
Change in Inventory	47.3	-10.11	58.39	101.23	-166.98	-54.54	Upgrade
Change in Accounts Payable	11.69	-3.21	29.03	-2.67	-78.51	60.78	Upgrade
Change in Other Net Operating Assets	45.35	33.93	-16.08	-77.33	60.09	72.64	Upgrade
Operating Cash Flow	677.39	718.25	741.54	1,014	995.38	1,002	Upgrade
Operating Cash Flow Growth	0.02%	-3.14%	-26.83%	1.82%	-0.67%	19.16%	Upgrade
Capital Expenditures	-45.69	-314.92	-113.12	-208.89	-842.45	-1,089	Upgrade
Sale of Property, Plant & Equipment	695.67	1.99	0.81	0.72	-	1.75	Upgrade
Sale (Purchase) of Intangibles	-0.4	-0.8	-1	-1	-0.9	-1.5	Upgrade
Investment in Securities	-1,287	-432.85	-529.7	-106.6	-	-	Upgrade
Other Investing Activities	-0.97	-1.87	-1.87	-1.26	-5.14	-8.29	Upgrade
Investing Cash Flow	-638.54	-748.44	-644.89	-317.03	-848.49	-1,097	Upgrade
Common Dividends Paid	-385.8	-253.98	-247.77	-552.13	-745.38	-581.81	Upgrade
Financing Cash Flow	-385.8	-253.98	-247.77	-552.13	-745.38	-581.81	Upgrade
Net Cash Flow	-346.95	-284.17	-151.11	144.36	-598.48	-676.76	Upgrade
Free Cash Flow	631.7	403.33	628.42	804.63	152.94	-86.91	Upgrade
Free Cash Flow Growth	94.73%	-35.82%	-21.90%	426.12%	-	-	Upgrade
Free Cash Flow Margin	41.13%	23.87%	42.23%	54.91%	5.37%	-3.96%	Upgrade
Free Cash Flow Per Share	9.13	5.83	9.09	11.64	2.21	-1.26	Upgrade
Cash Income Tax Paid	165.75	186.04	68.93	26.83	229.03	148.12	Upgrade
Levered Free Cash Flow	606.4	1,195	31.64	464.24	-336.65	-194.74	Upgrade
Unlevered Free Cash Flow	606.4	1,195	31.64	464.24	-336.65	-194.74	Upgrade
Change in Working Capital	163.68	16.62	94.82	297.86	-364.44	-38.85	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.