Zhengyuan Geomatics Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	193.83	277.36	460.13	493.34	654.02
Cash & Short-Term Investments	193.83	277.36	460.13	493.34	654.02
Cash Growth	-30.12%	-39.72%	-6.73%	-24.57%	60.13%
Accounts Receivable	2,071	2,225	2,083	2,280	2,069
Other Receivables	85.34	104.53	125.21	173.58	163.51
Receivables	2,156	2,330	2,208	2,454	2,232
Inventory	18.33	8.45	12.22	7.32	7.19
Prepaid Expenses	-	9.23	9.31	-	5.29
Other Current Assets	119.41	97.37	101.14	91.91	25.5
Total Current Assets	2,488	2,722	2,791	3,046	2,924
Property, Plant & Equipment	136.91	153.56	150.56	179.95	201.33
Long-Term Investments	29.77	8.19	7.24	2.43	-
Other Intangible Assets	22.44	21.34	22.88	36.96	50
Long-Term Accounts Receivable	-	45.85	81.38	95.44	95.5
Long-Term Deferred Tax Assets	145.53	137.17	121.55	117.22	106.58
Long-Term Deferred Charges	11.98	14.48	15.31	18.33	22.23
Other Long-Term Assets	265.86	337.1	404.28	475.47	568.51
Total Assets	3,100	3,440	3,594	3,972	3,968
Accounts Payable	616.31	694.66	734.21	913.83	896.89
Accrued Expenses	143.57	363.73	375.85	515.45	508.06
Short-Term Debt	509.48	543.68	470.67	458.36	459.12
Current Portion of Long-Term Debt	36.89	30.11	30.16	30.21	38.49
Current Portion of Leases	-	5.69	0.21	11.65	12.62
Current Income Taxes Payable	189.84	7.86	8.83	11.8	14.06
Current Unearned Revenue	22.17	17.37	12.72	17.84	28.27
Other Current Liabilities	233.96	172.03	155.62	57.51	64.01
Total Current Liabilities	1,752	1,835	1,788	2,017	2,022
Long-Term Debt	130.42	160.24	190.05	219.86	229.11
Long-Term Leases	0.72	5.87	0.11	1.03	12.33
Long-Term Unearned Revenue	-	-	2.74	5.48	8.87
Long-Term Deferred Tax Liabilities	-	1.7	0.07	1.76	-
Total Liabilities	1,883	2,003	1,981	2,245	2,272
Common Stock	770	770	770	770	770
Additional Paid-In Capital	349.62	350.99	350.99	350.99	350.99
Retained Earnings	10.96	180.63	354.13	393.19	373.77
Comprehensive Income & Other	4.6	4.09	3.36	7.47	10.72
Total Common Equity	1,135	1,306	1,478	1,522	1,505
Minority Interest	81.95	131.03	134.75	205.63	190.96
Shareholders' Equity	1,217	1,437	1,613	1,727	1,696
Total Liabilities & Equity	3,100	3,440	3,594	3,972	3,968
Total Debt	677.51	745.59	691.2	721.11	751.67
Net Cash (Debt)	-483.69	-468.23	-231.07	-227.78	-97.64
Net Cash Per Share	-0.63	-0.61	-0.30	-0.30	-0.15
Filing Date Shares Outstanding	718.83	770	770	770	770
Total Common Shares Outstanding	718.83	770	770	770	770
Working Capital	735.79	886.85	1,003	1,030	902.59
Book Value Per Share	1.58	1.70	1.92	1.98	1.96
Tangible Book Value	1,113	1,284	1,456	1,485	1,455
Tangible Book Value Per Share	1.55	1.67	1.89	1.93	1.89
Buildings	-	101.94	101.94	101.94	101.94
Machinery	-	300.07	289.64	288.3	279.62

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