Meter Instruments Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	465.33	619.39	548.07	695.25	713.69	668.93
Trading Asset Securities	140.45	-	-	-	-	113.65
Cash & Short-Term Investments	605.78	619.39	548.07	695.25	713.69	782.57
Cash Growth	7.58%	13.01%	-21.17%	-2.58%	-8.80%	150.02%
Accounts Receivable	400.53	417.43	360.63	315.48	291.99	239.34
Other Receivables	11.02	9.72	10.04	7.39	6.06	5.87
Receivables	411.55	427.15	370.67	322.87	298.06	245.22
Inventory	141.81	138.83	137.89	118.04	106.63	84.41
Prepaid Expenses	-	-	0.12	0.07	-	-
Other Current Assets	9.73	2.78	13.48	10.04	5.33	3.46
Total Current Assets	1,169	1,188	1,070	1,146	1,124	1,116
Property, Plant & Equipment	228.77	229.98	234.15	142.88	106.68	45.1
Other Intangible Assets	69.84	70.24	71.88	73.55	67.88	35.5
Long-Term Accounts Receivable	-	-	15.92	14.09	11.67	-
Long-Term Deferred Tax Assets	26.18	27.98	23.56	16.16	10.46	6.93
Long-Term Deferred Charges	3.72	4.11	4.79	-	-	0.08
Other Long-Term Assets	20.2	19.96	0.01	1.57	0.3	11.71
Total Assets	1,518	1,540	1,421	1,395	1,321	1,215
Accounts Payable	152.02	166.68	123.68	120.19	101.66	88.39
Accrued Expenses	11.48	17.22	18.47	17.44	20.74	19.13
Current Portion of Leases	-	-	0.1	0.09	0.18	-
Current Income Taxes Payable	5.85	16.45	7.68	8.64	13.86	9.93
Current Unearned Revenue	14.01	8.55	8.2	7.17	16.58	18.19
Other Current Liabilities	2.69	3.77	1.27	0.43	0.54	0.07
Total Current Liabilities	186.05	212.67	159.39	153.96	153.54	135.72
Long-Term Leases	-	-	-	0	0.09	-
Long-Term Unearned Revenue	10.66	10.72	10.95	11.19	4.26	-
Long-Term Deferred Tax Liabilities	2.16	2.32	2.61	1.75	0.79	0.17
Other Long-Term Liabilities	0.27	0.38	0.1	-	-	-
Total Liabilities	199.14	226.09	173.06	166.89	158.67	135.89
Common Stock	139.28	139.28	139.28	139.28	139.28	139.28
Additional Paid-In Capital	543.57	543.1	541.61	541.61	541.61	541.61
Retained Earnings	640.48	637.13	572.39	534.97	471.44	390.16
Treasury Stock	-20.4	-20.4	-19.99	-	-	-
Comprehensive Income & Other	15.5	15.2	14.21	11.77	9.7	8.04
Shareholders' Equity	1,318	1,314	1,247	1,228	1,162	1,079
Total Liabilities & Equity	1,518	1,540	1,421	1,395	1,321	1,215
Total Debt	-	-	0.1	0.09	0.26	-
Net Cash (Debt)	605.78	619.39	547.97	695.16	713.43	782.57
Net Cash Growth	7.60%	13.03%	-21.17%	-2.56%	-8.84%	150.02%
Net Cash Per Share	4.40	4.50	4.00	4.99	5.12	6.42
Filing Date Shares Outstanding	137.83	137.41	137.63	139.28	139.28	139.28
Total Common Shares Outstanding	137.83	137.41	137.63	139.28	139.28	139.28
Working Capital	982.81	975.47	910.85	992.32	970.17	979.95
Book Value Per Share	9.57	9.57	9.06	8.81	8.34	7.75
Tangible Book Value	1,249	1,244	1,176	1,154	1,094	1,044
Tangible Book Value Per Share	9.06	9.05	8.54	8.29	7.86	7.49
Buildings	-	-	161.5	115.97	50.67	50.67
Machinery	-	-	43.36	37.46	28.38	24.57
Construction In Progress	-	-	78.86	30.53	62.41	0.48

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