IFE Elevators Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	99.19	132.43	144.67	75.57	280.76	31.24
Depreciation & Amortization	22.34	22.34	21.22	20.05	18.57	17.96
Other Amortization	1.56	1.56	0.88	1.55	1.23	0.66
Loss (Gain) From Sale of Assets	-0.07	-0.07	-0.01	-0.05	0.13	0.1
Asset Writedown & Restructuring Costs	4.41	4.41	0.63	0.01	1.97	0.01
Loss (Gain) From Sale of Investments	-25.39	-25.39	-34.84	-21.52	-25.25	-19.22
Provision & Write-off of Bad Debts	10.34	10.34	12.62	14.37	17.92	8.7
Other Operating Activities	58.11	-0.31	1.13	0.35	0.73	4.86
Change in Accounts Receivable	-5.88	-5.88	-27.83	-54.49	-60.35	17.22
Change in Inventory	48.89	48.89	17.7	-3.17	68.95	-62.73
Change in Accounts Payable	-121.33	-121.33	69.51	-199.47	342.04	102.6
Change in Other Net Operating Assets	-18.77	-18.77	-8.72	28.71	24.08	0.77
Operating Cash Flow	71.05	45.87	194.91	-141.53	669.24	100.5
Operating Cash Flow Growth	-28.48%	-76.47%	-	-	565.89%	2602.55%
Capital Expenditures	-53.9	-78.01	-85.42	-137.17	-41.1	-98.02
Sale of Property, Plant & Equipment	1.04	0.25	0.02	0.19	1.86	-
Divestitures	1.34	-1.2	-	-	-	-
Investment in Securities	-48.01	141.97	-60	107	-562	173
Other Investing Activities	25.8	26.25	24.27	28.82	22.43	19.32
Investing Cash Flow	-73.73	89.26	-121.13	-1.16	-578.82	94.29
Repurchase of Common Stock	-	-	-	-	-11.6	-9.18
Common Dividends Paid	-121.7	-134.7	-84.17	-235.68	-16.61	-15.19
Other Financing Activities	-	-	-	-	-0.69	-0.23
Financing Cash Flow	-78.53	-134.7	-84.17	-235.68	-28.91	-24.59
Foreign Exchange Rate Adjustments	1.83	0.17	1.47	2.08	-2.35	-2.11
Net Cash Flow	-79.38	0.61	-8.92	-376.28	59.17	168.09
Free Cash Flow	17.15	-32.13	109.5	-278.7	628.14	2.48
Free Cash Flow Growth	-	-	-	-	25240.03%	-
Free Cash Flow Margin	1.21%	-2.03%	6.58%	-18.93%	31.66%	0.26%
Free Cash Flow Per Share	0.05	-0.10	0.33	-0.83	1.86	0.01
Cash Interest Paid	0.02	0.02	0	-	0.69	0.23
Cash Income Tax Paid	48.95	46.58	62.72	271.67	128.62	23.4
Levered Free Cash Flow	12.01	-57.42	88.09	-307.95	574.63	-17.62
Unlevered Free Cash Flow	12.32	-57.41	88.09	-307.95	575.06	-17.48
Change in Working Capital	-99.44	-99.44	48.6	-231.85	373.17	56.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.