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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	645.23	650.3	428.6	282.44	275.35	1,027
Depreciation & Amortization	293.18	310.69	360.19	368.84	362.86	278.24
Other Amortization	3.24	3.24	3.83	3.33	2.93	2.2
Loss (Gain) From Sale of Assets	-509.14	-508.95	-1.69	-0.81	-0.72	-
Asset Writedown & Restructuring Costs	107.26	107.26	-	-	-	-
Provision & Write-off of Bad Debts	0.31	-0.38	0.04	-0.24	-2.77	1.79
Other Operating Activities	-86.14	-99.49	-89.35	-6.83	77.99	50.77
Change in Accounts Receivable	-30.57	38.18	-3.99	23.48	276.63	-179.04
Change in Inventory	11.27	27.04	-10.11	58.39	101.23	-166.98
Change in Accounts Payable	0.3	-14.78	-3.21	29.03	-2.67	-78.51
Change in Other Net Operating Assets	20.49	10.41	33.93	-16.08	-77.33	60.09
Operating Cash Flow	455.42	523.52	718.25	741.54	1,014	995.38
Operating Cash Flow Growth	-36.82%	-27.11%	-3.14%	-26.83%	1.82%	-0.67%
Capital Expenditures	-45.43	-48.44	-314.92	-113.12	-208.89	-842.45
Sale of Property, Plant & Equipment	695.24	695.04	1.99	0.81	0.72	-
Sale (Purchase) of Intangibles	-1.2	-1.2	-0.8	-1	-1	-0.9
Investment in Securities	-756.06	-669.31	-432.85	-529.7	-106.6	-
Other Investing Activities	-0.92	-0.93	-1.87	-1.87	-1.26	-5.14
Investing Cash Flow	-108.37	-24.83	-748.44	-644.89	-317.03	-848.49
Common Dividends Paid	-385.8	-385.8	-253.98	-247.77	-552.13	-745.38
Financing Cash Flow	-385.8	-385.8	-253.98	-247.77	-552.13	-745.38
Net Cash Flow	-38.75	112.88	-284.17	-151.11	144.36	-598.48
Free Cash Flow	409.99	475.08	403.33	628.42	804.63	152.94
Free Cash Flow Growth	-6.53%	17.79%	-35.82%	-21.90%	426.12%	-
Free Cash Flow Margin	29.45%	33.32%	23.87%	42.23%	54.91%	5.37%
Free Cash Flow Per Share	6.03	6.86	5.83	9.09	11.64	2.21
Cash Income Tax Paid	155.4	155.4	186.04	68.93	26.83	229.03
Levered Free Cash Flow	-2,026	1,674	-89.7	31.64	464.24	-336.65
Unlevered Free Cash Flow	-2,026	1,674	-89.7	31.64	464.24	-336.65
Change in Working Capital	1.48	60.85	16.62	94.82	297.86	-364.44

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