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	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
Net Income	314.63	293.54	160.45	389.76	262.57
Depreciation & Amortization	25.08	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	-20.91	-25.5	17.7	4.1	11.86
Other Operating Activities	13.72	15.88	-47.75	30.41	24.68
Change in Accounts Receivable	-75.49	-53.44	-17.05	85.5	69.49
Change in Inventory	-290.71	-197.8	44.77	48.43	-244.54
Change in Accounts Payable	131.51	52.51	51.69	-166.6	137.53
Change in Unearned Revenue	263.26	185.51	27.53	142.84	120.16
Change in Other Net Operating Assets	27.86	20.07	-52.19	11.01	17.34
Operating Cash Flow	388.94	315.89	210.85	567.05	415.27
Operating Cash Flow Growth	85.32%	49.81%	-62.81%	36.55%	-
Capital Expenditures	-15.24	-16.26	-21.75	-14.77	-11.46
Sale of Property, Plant & Equipment	-	-	-	0.67	0.1
Sale (Purchase) of Intangibles	-4.37	-4.35	-1.21	-4.05	-5
Investment in Securities	-300.33	-200.68	38.93	334.11	-285.15
Other Investing Activities	1.84	1.22	1.23	1.55	-0.06
Investing Cash Flow	-318.1	-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	-7.65	-7.99	-88.4	-204.03	-9.62
Net Debt Issued (Repaid)	-7.65	-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	-154.12	-154.46	-220.8	-459.03	102.01
Foreign Exchange Rate Adjustments	0.71	0.52	-0.27	0.19	0.74
Net Cash Flow	-82.58	-58.13	6.98	425.71	216.45
Free Cash Flow	373.7	299.63	189.1	552.28	403.81
Free Cash Flow Growth	95.88%	58.45%	-65.76%	36.77%	-
Free Cash Flow Margin	30.81%	26.17%	21.34%	43.40%	34.04%
Free Cash Flow Per Share	15.24	12.21	7.70	28.67	21.14
Cash Interest Paid	0.16	0.19	0.5	4.44	2.24
Cash Income Tax Paid	72.83	72.91	101.75	101.25	55.59
Levered Free Cash Flow	-	213.13	163.94	667.77	-
Unlevered Free Cash Flow	-	213.25	164.24	670.45	-
Change in Net Working Capital	-	8.43	-42.64	-473.7	-

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