IAT Automobile Technology 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Net Income	-284.93	-132.85	35.97	82.42	205.36	110.94
Depreciation & Amortization	137.66	137.66	93.78	89.17	74.61	20.07
Other Amortization	24.05	24.05	8.99	8.51	4.26	3.81
Loss (Gain) From Sale of Assets	0.23	0.23	0.42	0.84	0.49	0.87
Asset Writedown & Restructuring Costs	1.2	1.2	-30.42	0.6	0.75	1.77
Loss (Gain) From Sale of Investments	10.1	10.1	4.84	-0.46	-14.55	23.97
Provision & Write-off of Bad Debts	60.69	60.69	37.92	14.83	29.23	-
Other Operating Activities	17.08	33.88	17.85	9.19	12.09	-6.65
Change in Accounts Receivable	92.5	92.5	-134.68	-150.35	-94	24.22
Change in Inventory	21.26	21.26	114.59	-129.27	-20.41	45.43
Change in Accounts Payable	38.49	38.49	-102.11	114.73	-2.5	-160.63
Operating Cash Flow	70.27	239.15	49.67	47.72	182.05	60.85
Operating Cash Flow Growth	-60.71%	381.47%	4.08%	-73.79%	199.20%	1.20%
Capital Expenditures	-93.32	-218.89	-469.08	-156.6	-155.54	-124.42
Sale of Property, Plant & Equipment	14.19	15.24	0.55	0.87	1.59	2.39
Cash Acquisitions	-	-	-	-	-7.96	-29.21
Divestitures	3.49	-	-	-	-	-
Investment in Securities	15.05	-256.01	117.31	252.65	-182.48	-562.71
Other Investing Activities	5.91	5.45	6.99	18.49	16.43	12.05
Investing Cash Flow	-54.67	-454.22	-344.23	115.4	-327.96	-701.89
Long-Term Debt Issued	-	274.8	153.04	35.76	10.7	3.16
Long-Term Debt Repaid	-	-230.8	-60.91	-96.91	-142.16	-0.81
Net Debt Issued (Repaid)	32.18	44	92.13	-61.15	-131.46	2.35
Issuance of Common Stock	20.27	20.27	31.49	90.1	867.53	469.19
Repurchase of Common Stock	-19.99	-19.99	-99.96	-199.55	-	-
Common Dividends Paid	-5.63	-4.55	-1.74	-0.27	-4.79	-3.93
Other Financing Activities	-37.61	20.07	-1.81	-0.01	-5.97	-66.77
Financing Cash Flow	-10.78	59.79	20.11	-170.88	725.31	400.84
Foreign Exchange Rate Adjustments	-0.47	-1.95	-0.49	0.31	-1.09	-0.24
Net Cash Flow	4.34	-157.23	-274.93	-7.44	578.3	-240.45
Free Cash Flow	-23.05	20.25	-419.41	-108.88	26.51	-63.57
Free Cash Flow Margin	-2.11%	2.09%	-48.88%	-11.49%	2.08%	-7.74%
Free Cash Flow Per Share	-0.05	0.04	-0.85	-0.22	0.06	-0.15
Cash Income Tax Paid	29.59	27.99	46.57	7.54	36.48	27.89
Levered Free Cash Flow	119.55	68.22	-386.93	-115.82	-79.11	-97.97
Unlevered Free Cash Flow	131.73	81.17	-375.13	-104.44	-68.54	-95.24
Change in Working Capital	104.18	104.18	-119.67	-157.37	-130.2	-93.93

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