Zhongtian Service Balance Sheet

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
Cash & Equivalents	85.9	334.86	201.77	169.32	247.99	37.47
Cash & Short-Term Investments	275.16	334.86	201.77	169.32	247.99	37.47
Cash Growth	103.89%	65.96%	19.16%	-31.72%	561.93%	-29.92%
Accounts Receivable	178.77	107.43	72.71	46.75	17.16	19.05
Other Receivables	9.27	10.84	3.69	4.18	3.72	64.14
Receivables	188.03	118.27	76.4	50.93	20.88	83.19
Inventory	0.56	1.15	1.55	0.23	0.29	0.99
Other Current Assets	2.44	3.31	3.39	3.27	1.27	1.34
Total Current Assets	466.18	457.59	283.1	223.75	270.43	122.98
Property, Plant & Equipment	4.81	6.99	5.5	6.38	6.46	24.74
Other Intangible Assets	1.18	0.34	0.52	0.48	0.47	4.33
Long-Term Deferred Tax Assets	4.66	2.85	2.03	1.09	0.33	0.43
Long-Term Deferred Charges	1.07	0.87	1.05	1.38	1.09	1.69
Other Long-Term Assets	43.27	30.85	30.01	18.57	11.58	5.59
Total Assets	521.17	499.48	322.21	251.66	290.36	159.77
Accounts Payable	42.32	35.26	23.04	10.78	6.82	1.71
Accrued Expenses	20.45	22.87	23.9	22.75	25.75	24.53
Current Portion of Leases	0.73	1.13	0.89	1.33	1.27	-
Current Income Taxes Payable	5.44	4.04	4.76	8.85	10.22	2
Current Unearned Revenue	64.17	65.25	68.5	46.07	47.24	31.73
Other Current Liabilities	62.68	59.1	59.38	47.23	88.83	92
Total Current Liabilities	195.78	187.65	180.47	137	180.12	151.96
Long-Term Leases	0.3	0.83	0.71	1.86	1.28	-
Long-Term Unearned Revenue	-	-	-	-	0.02	0.14
Long-Term Deferred Tax Liabilities	0.54	0.49	0.38	0.43	-	-
Other Long-Term Liabilities	0.01	8.36	8.26	0.01	56.34	105.16
Total Liabilities	196.63	197.33	189.82	139.3	237.75	257.26
Common Stock	327.1	327.1	292.54	292.54	292.54	292.54
Additional Paid-In Capital	1,862	1,862	1,734	1,734	1,734	1,734
Retained Earnings	-1,865	-1,887	-1,894	-1,913	-1,975	-2,124
Total Common Equity	324.33	301.87	131.97	113.09	51.58	-97.84
Minority Interest	0.2	0.28	0.41	-0.73	1.03	0.34
Shareholders' Equity	324.53	302.15	132.39	112.36	52.61	-97.49
Total Liabilities & Equity	521.17	499.48	322.21	251.66	290.36	159.77
Total Debt	1.03	1.96	1.59	3.19	2.54	-
Net Cash (Debt)	274.13	332.9	200.18	166.13	245.45	37.47
Net Cash Growth	106.75%	66.30%	20.49%	-32.31%	555.14%	-29.92%
Net Cash Per Share	0.75	0.94	0.69	0.57	0.84	0.13
Filing Date Shares Outstanding	327.1	327.1	292.54	292.54	292.54	292.54
Total Common Shares Outstanding	327.1	327.1	292.54	292.54	292.54	292.54
Working Capital	270.4	269.93	102.63	86.75	90.31	-28.98
Book Value Per Share	0.99	0.92	0.45	0.39	0.18	-0.33
Tangible Book Value	323.15	301.53	131.45	112.6	51.11	-102.17
Tangible Book Value Per Share	0.99	0.92	0.45	0.38	0.17	-0.35
Buildings	-	-	-	-	-	44.47
Machinery	-	7.18	6.42	5.28	7.67	99.44
Construction In Progress	-	2	0.71	0.66	-	0.25

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