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	Mar '25 Mar 31, 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	408.33	428.6	282.44	275.35	1,027	829.87	Upgrade
Depreciation & Amortization	354.04	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	-1.69	-1.69	-0.81	-0.72	-	-1.75	Upgrade
Provision & Write-off of Bad Debts	-0.33	0.04	-0.24	-2.77	1.79	1.18	Upgrade
Other Operating Activities	-92.24	-89.35	-6.83	77.99	50.77	57.73	Upgrade
Change in Accounts Receivable	32.67	-3.99	23.48	276.63	-179.04	-117.73	Upgrade
Change in Inventory	18.04	-10.11	58.39	101.23	-166.98	-54.54	Upgrade
Change in Accounts Payable	-8.49	-3.21	29.03	-2.67	-78.51	60.78	Upgrade
Change in Other Net Operating Assets	6.72	33.93	-16.08	-77.33	60.09	72.64	Upgrade
Operating Cash Flow	720.88	718.25	741.54	1,014	995.38	1,002	Upgrade
Operating Cash Flow Growth	-3.23%	-3.14%	-26.83%	1.82%	-0.67%	19.16%	Upgrade
Capital Expenditures	-282.23	-314.92	-113.12	-208.89	-842.45	-1,089	Upgrade
Sale of Property, Plant & Equipment	1.99	1.99	0.81	0.72	-	1.75	Upgrade
Sale (Purchase) of Intangibles	-0.8	-0.8	-1	-1	-0.9	-1.5	Upgrade
Investment in Securities	-504.45	-432.85	-529.7	-106.6	-	-	Upgrade
Other Investing Activities	-2.25	-1.87	-1.87	-1.26	-5.14	-8.29	Upgrade
Investing Cash Flow	-787.73	-748.44	-644.89	-317.03	-848.49	-1,097	Upgrade
Common Dividends Paid	-253.98	-253.98	-247.77	-552.13	-745.38	-581.81	Upgrade
Financing Cash Flow	-253.98	-253.98	-247.77	-552.13	-745.38	-581.81	Upgrade
Net Cash Flow	-320.83	-284.17	-151.11	144.36	-598.48	-676.76	Upgrade
Free Cash Flow	438.66	403.33	628.42	804.63	152.94	-86.91	Upgrade
Free Cash Flow Growth	-28.69%	-35.82%	-21.90%	426.12%	-	-	Upgrade
Free Cash Flow Margin	26.21%	23.87%	42.23%	54.91%	5.37%	-3.96%	Upgrade
Free Cash Flow Per Share	6.34	5.83	9.09	11.64	2.21	-1.26	Upgrade
Cash Income Tax Paid	185.41	186.04	68.93	26.83	229.03	148.12	Upgrade
Levered Free Cash Flow	306.6	1,195	31.64	464.24	-336.65	-194.74	Upgrade
Unlevered Free Cash Flow	306.6	1,195	31.64	464.24	-336.65	-194.74	Upgrade
Change in Net Working Capital	53.95	-856.7	441.73	-121.29	586.22	-89.25	Upgrade

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.