Horng Terng Automation 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	337.1	293.54	160.45	389.76	262.57
Depreciation & Amortization	25.99	25.12	24.08	21.83	16.27
Loss (Gain) From Sale of Assets	-	-	-	-0.24	-0.1
Stock-Based Compensation	-	-	1.63	-	-
Provision & Write-off of Bad Debts	-4.45	-25.5	17.7	4.1	11.86
Other Operating Activities	28.09	15.88	-47.75	30.41	24.68
Change in Accounts Receivable	-82.08	-53.44	-17.05	85.5	69.49
Change in Inventory	-367.29	-197.8	44.77	48.43	-244.54
Change in Accounts Payable	182.32	52.51	51.69	-166.6	137.53
Change in Unearned Revenue	171.33	185.51	27.53	142.84	120.16
Change in Other Net Operating Assets	38.13	20.07	-52.19	11.01	17.34
Operating Cash Flow	329.14	315.89	210.85	567.05	415.27
Operating Cash Flow Growth	0.48%	49.81%	-62.81%	36.55%	-
Capital Expenditures	-24.28	-16.26	-21.75	-14.77	-11.46
Sale of Property, Plant & Equipment	-	-	-	0.67	0.1
Sale (Purchase) of Intangibles	-7.64	-4.35	-1.21	-4.05	-5
Investment in Securities	-300.06	-200.68	38.93	334.11	-285.15
Other Investing Activities	0.6	1.22	1.23	1.55	-0.06
Investing Cash Flow	-331.38	-220.07	17.19	317.51	-301.57
Short-Term Debt Issued	-	-	-	-	195
Total Debt Issued	-	-	-	-	195
Short-Term Debt Repaid	-	-	-80	-180	-
Long-Term Debt Repaid	-	-7.99	-8.4	-24.03	-9.62
Total Debt Repaid	-7.28	-7.99	-88.4	-204.03	-9.62
Net Debt Issued (Repaid)	-7.28	-7.99	-88.4	-204.03	185.38
Issuance of Common Stock	-	-	67.6	-	1.64
Common Dividends Paid	-146.47	-146.47	-200	-255	-85
Financing Cash Flow	-153.75	-154.46	-220.8	-459.03	102.01
Foreign Exchange Rate Adjustments	-1.17	0.52	-0.27	0.19	0.74
Net Cash Flow	-157.16	-58.13	6.98	425.71	216.45
Free Cash Flow	304.86	299.63	189.1	552.28	403.81
Free Cash Flow Growth	-1.68%	58.45%	-65.76%	36.77%	-
Free Cash Flow Margin	21.96%	26.17%	21.34%	43.40%	34.04%
Free Cash Flow Per Share	12.46	12.21	7.70	28.67	21.14
Cash Interest Paid	0.23	0.19	0.5	4.44	2.24
Cash Income Tax Paid	68.62	72.91	101.75	101.25	55.59
Levered Free Cash Flow	325.82	213.13	163.94	667.77	-
Unlevered Free Cash Flow	325.96	213.25	164.24	670.45	-
Change in Working Capital	-57.59	6.85	54.75	121.19	99.98

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