Meter Instruments 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	88.23	79.2	112.28	109.14	140.14	174.28
Depreciation & Amortization	9.34	9.34	7.17	5.27	5.05	4.76
Other Amortization	0.9	0.9	-	0.08	0.21	0.39
Loss (Gain) From Sale of Assets	-0.01	-0.01	-	-	-0	-0.05
Asset Writedown & Restructuring Costs	1.02	1.02	1.09	16.19	23.38	8.89
Loss (Gain) From Sale of Investments	-1.63	-1.63	-6.64	-11.1	-13.78	-5.27
Provision & Write-off of Bad Debts	22.73	22.73	20.83	-	-	-
Other Operating Activities	77.41	1.42	-1.96	-	-	-
Change in Accounts Receivable	-80.98	-80.98	-418.35	-69.86	-67.27	-62.58
Change in Inventory	-20.42	-20.42	-11.5	-22.3	5.94	-5.5
Change in Accounts Payable	15.76	15.76	368.15	11.99	5.9	8.24
Change in Other Net Operating Assets	-	-	2.07	2.01	1.96	2.28
Operating Cash Flow	105.82	20.8	68.4	38.51	98.18	124.13
Operating Cash Flow Growth	249.51%	-69.59%	77.60%	-60.77%	-20.90%	54.82%
Capital Expenditures	-21.71	-110.84	-46.92	-88.12	-24.68	-2.67
Sale of Property, Plant & Equipment	0.06	-	-	-	0.01	0.07
Investment in Securities	10.76	-	-	112.5	-112.5	-
Other Investing Activities	1.17	1.64	6.64	12.25	12.64	5.38
Investing Cash Flow	-9.72	-109.2	-40.29	36.63	-124.53	2.77
Issuance of Common Stock	-	-	-	-	467.96	-
Repurchase of Common Stock	-20.1	-20.1	-	-	-	-
Common Dividends Paid	-27.52	-41.78	-48.75	-27.86	-69.64	-29.25
Other Financing Activities	15.86	-	-	-	-16.05	-1.36
Financing Cash Flow	-31.76	-61.88	-48.75	-27.86	382.27	-30.61
Foreign Exchange Rate Adjustments	-	-	0.03	-	-	-
Net Cash Flow	64.34	-150.27	-20.6	47.28	355.92	96.29
Free Cash Flow	84.11	-90.04	21.48	-49.61	73.51	121.46
Free Cash Flow Growth	-	-	-	-	-39.48%	66.48%
Free Cash Flow Margin	21.99%	-25.12%	5.62%	-13.84%	17.99%	28.89%
Free Cash Flow Per Share	0.62	-0.66	0.15	-0.36	0.60	1.16
Cash Income Tax Paid	12.11	25.41	45.01	34.44	43.95	47.77
Levered Free Cash Flow	49.88	-115.9	-9.4	-78.39	49.79	71.81
Unlevered Free Cash Flow	49.89	-115.89	-9.4	-78.39	49.79	71.81
Change in Working Capital	-92.17	-92.17	-64.37	-81.07	-56.81	-58.88

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