Horng Yu Electric 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	299.62	231.97	327.98	237.91
Depreciation & Amortization	23.58	21.24	20.03	26.65
Loss (Gain) From Sale of Assets	-1.39	-0.47	-	0.01
Loss (Gain) From Sale of Investments	-1.05	-3.08	-17.53	-6.68
Loss (Gain) on Equity Investments	-4.1	-4.1	-	-
Stock-Based Compensation	92.91	92.91	-	-
Provision & Write-off of Bad Debts	0.68	0.91	1.26	-
Other Operating Activities	34.34	-17.4	20.79	-11.49
Change in Accounts Receivable	-184.53	-80.43	-102.28	-215.7
Change in Inventory	-24.36	-214.58	111.01	-142.29
Change in Accounts Payable	11.28	226.4	-4.22	30.81
Change in Unearned Revenue	-5.8	-38.95	-28.01	104.01
Change in Other Net Operating Assets	-65.57	-8.88	32.2	19.17
Operating Cash Flow	176.61	208.45	373.09	49.36
Operating Cash Flow Growth	257.84%	-44.13%	655.94%	-
Capital Expenditures	-290.43	-71.71	-130.31	-22.59
Sale of Property, Plant & Equipment	1.39	0.47	-	0.01
Sale (Purchase) of Intangibles	-9.97	-4.25	-1.7	-3.94
Investment in Securities	-163.62	-163.62	-	-
Other Investing Activities	-50.92	9.73	-60.47	-6.14
Investing Cash Flow	-513.55	-229.39	-192.48	-32.67
Short-Term Debt Issued	-	10	85	90
Long-Term Debt Issued	-	240	97.1	-
Total Debt Issued	759	250	182.1	90
Long-Term Debt Repaid	-	-72.51	-34.72	-53.82
Net Debt Issued (Repaid)	452.74	177.49	147.38	36.18
Issuance of Common Stock	98.46	98.46	-	210
Common Dividends Paid	-240	-240	-120	-241.93
Other Financing Activities	-	-	-50.3	-39.8
Financing Cash Flow	311.2	35.95	-22.92	-35.55
Net Cash Flow	-37.71	15.01	157.7	-18.87
Free Cash Flow	-113.82	136.74	242.78	26.76
Free Cash Flow Growth	-	-43.68%	807.19%	-
Free Cash Flow Margin	-3.25%	4.47%	9.04%	1.12%
Free Cash Flow Per Share	-4.70	5.85	13.13	2.07
Cash Interest Paid	16.53	11.97	9.62	6.87
Cash Income Tax Paid	53.53	89.96	60.89	88.15
Levered Free Cash Flow	-	284.35	106.28	-
Unlevered Free Cash Flow	-	292.07	112.38	-
Change in Working Capital	-267.98	-113.53	20.56	-197.04

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