ZETTA 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	-	45.29	48.02	157.41	106.19
Trading Asset Securities	-	0	-	15.36	4.93
Cash & Short-Term Investments	129.56	45.29	48.02	172.77	111.12
Cash Growth	186.04%	-5.68%	-72.21%	55.48%	128.52%
Accounts Receivable	-	272.92	414.63	165.56	202.89
Other Receivables	-	407.87	275.05	255.45	179.01
Receivables	-	680.8	689.68	421.01	381.91
Inventory	-	16.34	15.23	18.26	26.5
Other Current Assets	-	21.07	18.07	21.87	38.17
Total Current Assets	-	763.5	771	633.9	557.69
Property, Plant & Equipment	-	601.42	638.56	670.78	693.63
Long-Term Investments	-	180.91	362.13	399.64	698.11
Goodwill	-	4.39	0	-	-
Other Intangible Assets	-	23.47	18.36	19.17	65.51
Long-Term Accounts Receivable	-	1.64	1.48	195.61	1.2
Long-Term Deferred Tax Assets	-	9.63	15.23	20.7	32.55
Long-Term Deferred Charges	-	7.2	7.75	10.6	3.56
Other Long-Term Assets	-	-	5.04	18.2	43.45
Total Assets	-	1,592	1,820	1,969	2,096
Accounts Payable	-	63.48	60.4	47.92	66.33
Accrued Expenses	-	22.49	21.95	48.2	25.99
Short-Term Debt	-	80	155.85	469.67	456.57
Current Portion of Long-Term Debt	-	-	-	-	12.5
Current Portion of Leases	-	28.51	15	12.1	9.21
Current Income Taxes Payable	-	1.11	3.73	0.9	3.02
Current Unearned Revenue	-	5.16	3.99	7.3	8.43
Other Current Liabilities	-	36.89	56.1	53.23	114.37
Total Current Liabilities	-	237.65	317.03	639.31	696.42
Long-Term Debt	-	-	-	-	31.25
Long-Term Leases	-	159.98	37.11	47.66	59.65
Long-Term Unearned Revenue	-	3.61	4.14	3.1	3.24
Long-Term Deferred Tax Liabilities	-	8.32	10.14	11.46	5.66
Other Long-Term Liabilities	-	29.68	30.75	32.92	48.88
Total Liabilities	-	439.23	399.17	734.46	845.11
Common Stock	-	1,955	1,955	1,882	1,882
Additional Paid-In Capital	-	150.84	179.95	94.11	83.35
Retained Earnings	-	-1,001	-857.59	-772.76	-750.56
Comprehensive Income & Other	-	1.32	0.46	0.34	0.59
Total Common Equity	1,132	1,106	1,277	1,204	1,216
Minority Interest	-	46.87	142.97	30.04	34.79
Shareholders' Equity	1,152	1,153	1,420	1,234	1,251
Total Liabilities & Equity	-	1,592	1,820	1,969	2,096
Total Debt	348.98	268.5	207.97	529.43	569.18
Net Cash (Debt)	-219.43	-223.2	-159.95	-356.66	-458.06
Net Cash Per Share	-0.10	-0.11	-0.08	-0.16	-0.24
Filing Date Shares Outstanding	1,994	1,955	1,955	1,882	1,882
Total Common Shares Outstanding	1,994	1,955	1,955	1,882	1,882
Working Capital	-	525.85	453.97	-5.41	-138.73
Book Value Per Share	0.57	0.57	0.65	0.64	0.65
Tangible Book Value	1,104	1,078	1,259	1,185	1,150
Tangible Book Value Per Share	0.55	0.55	0.64	0.63	0.61
Buildings	-	48.94	52.37	37.15	55.96
Machinery	-	814.54	806.41	803.85	659.49
Construction In Progress	-	5.62	1.72	1.72	121.92

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.