Zhejiang Meida Industrial 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	21.74	110.45	464.29	452.15	664.68	543.56
Depreciation & Amortization	59.91	59.91	64.49	66.43	60.84	61.61
Other Amortization	1.68	1.68	1.06	1.6	1.07	0.57
Loss (Gain) From Sale of Assets	-0.2	-0.2	-36.2	-1.8	0.1	-0.07
Asset Writedown & Restructuring Costs	8.74	8.74	6.2	0.05	0.03	1.19
Loss (Gain) From Sale of Investments	1.52	1.52	0.73	-34.78	-32.31	-
Provision & Write-off of Bad Debts	-	-	-	1	-0.87	-
Other Operating Activities	62.14	-0.95	0.2	0.38	0.3	-
Change in Accounts Receivable	-10.76	-10.76	47	-46.66	12.33	-9.08
Change in Inventory	13.5	13.5	50.15	0.44	-44.02	1.62
Change in Accounts Payable	-74.65	-74.65	-13.6	-69.61	-43.84	34.09
Operating Cash Flow	81.59	107.2	583.33	369.73	618.55	633.84
Operating Cash Flow Growth	-40.97%	-81.62%	57.77%	-40.23%	-2.41%	16.65%
Capital Expenditures	-7.5	-3.88	-11.22	-26.15	-63.17	-70.3
Sale of Property, Plant & Equipment	0.43	0.25	60.88	3.17	0.19	0.25
Investment in Securities	-100.83	-	-45	500	-60	-500
Other Investing Activities	-	-	-	34.8	32.48	-
Investing Cash Flow	-107.9	-3.63	4.66	511.82	-90.5	-570.04
Long-Term Debt Repaid	-	-1.8	-1.8	-1.8	-1.8	-
Net Debt Issued (Repaid)	7.3	-1.8	-1.8	-1.8	-1.8	-
Issuance of Common Stock	4	4	-	-	-	-
Common Dividends Paid	-193.87	-484.59	-400.55	-426.39	-387.63	-350.16
Other Financing Activities	-17.45	-	-	-	-	-
Financing Cash Flow	-200.02	-482.39	-402.35	-428.19	-389.43	-350.16
Net Cash Flow	-226.33	-378.82	185.65	453.35	138.62	-286.36
Free Cash Flow	74.09	103.32	572.12	343.58	555.38	563.55
Free Cash Flow Growth	-43.21%	-81.94%	66.52%	-38.14%	-1.45%	113.64%
Free Cash Flow Margin	13.23%	11.78%	34.21%	18.73%	25.67%	31.82%
Free Cash Flow Per Share	0.12	0.16	0.89	0.53	0.86	0.87
Cash Income Tax Paid	49.45	103.55	200.1	180.29	259.31	212.25
Levered Free Cash Flow	56.25	74.15	450.49	200.73	348.85	372.07
Unlevered Free Cash Flow	56.33	74.26	450.62	200.76	348.93	372.07
Change in Working Capital	-73.96	-73.96	82.57	-115.32	-75.29	26.98

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