ZETTA Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	235.66	102.32	45.29	48.02	157.41	106.19
Trading Asset Securities	-	12	0	-	15.36	4.93
Cash & Short-Term Investments	235.66	114.32	45.29	48.02	172.77	111.12
Cash Growth	81.89%	152.39%	-5.68%	-72.21%	55.48%	128.52%
Accounts Receivable	409.56	371.77	272.92	414.63	165.56	202.89
Other Receivables	93.1	72.04	407.87	275.05	255.45	179.01
Receivables	502.66	443.81	680.8	689.68	421.01	381.91
Inventory	40.57	15.7	16.34	15.23	18.26	26.5
Other Current Assets	58.3	16.6	21.07	18.07	21.87	38.17
Total Current Assets	837.18	590.43	763.5	771	633.9	557.69
Property, Plant & Equipment	664.52	563.48	601.42	638.56	670.78	693.63
Long-Term Investments	675.27	589.19	180.91	362.13	399.64	698.11
Goodwill	129.21	4.39	4.39	0	-	-
Other Intangible Assets	14.02	22.93	23.47	18.36	19.17	65.51
Long-Term Accounts Receivable	-	2.3	1.64	1.48	195.61	1.2
Long-Term Deferred Tax Assets	15.96	8.9	9.63	15.23	20.7	32.55
Long-Term Deferred Charges	2.41	3.86	7.2	7.75	10.6	3.56
Other Long-Term Assets	8.28	3.61	-	5.04	18.2	43.45
Total Assets	2,347	1,789	1,592	1,820	1,969	2,096

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	119.28	77.14	63.48	60.4	47.92	66.33
Accrued Expenses	15.97	31.07	22.49	21.95	48.2	25.99
Short-Term Debt	149.95	25.64	80	155.85	469.67	456.57
Current Portion of Long-Term Debt	-	-	-	-	-	12.5
Current Portion of Leases	48.12	34.18	28.51	15	12.1	9.21
Current Income Taxes Payable	42.31	2.55	1.11	3.73	0.9	3.02
Current Unearned Revenue	6.19	4.87	5.16	3.99	7.3	8.43
Other Current Liabilities	55.06	85.96	36.89	56.1	53.23	114.37
Total Current Liabilities	436.87	261.41	237.65	317.03	639.31	696.42
Long-Term Debt	38.97	-	-	-	-	31.25
Long-Term Leases	36.31	26.48	20.83	37.11	47.66	59.65
Long-Term Unearned Revenue	0.12	3.07	3.61	4.14	3.1	3.24
Long-Term Deferred Tax Liabilities	9.17	8.6	8.32	10.14	11.46	5.66
Other Long-Term Liabilities	414.97	279.95	168.83	30.75	32.92	48.88
Total Liabilities	936.42	579.52	439.23	399.17	734.46	845.11

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	2,041	1,994	1,955	1,955	1,882	1,882
Additional Paid-In Capital	309.08	220.88	150.84	179.95	94.11	83.35
Retained Earnings	-954.2	-958.36	-1,001	-857.59	-772.76	-750.56
Treasury Stock	-35.32	-70.77	-	-	-	-
Comprehensive Income & Other	3.2	2.25	1.32	0.46	0.34	0.59
Total Common Equity	1,363	1,188	1,106	1,277	1,204	1,216
Minority Interest	47.04	21.63	46.87	142.97	30.04	34.79
Shareholders' Equity	1,410	1,210	1,153	1,420	1,234	1,251
Total Liabilities & Equity	2,347	1,789	1,592	1,820	1,969	2,096

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	273.36	86.3	129.34	207.97	529.43	569.18
Net Cash (Debt)	-37.7	28.01	-84.04	-159.95	-356.66	-458.06
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.02	0.01	-0.04	-0.08	-0.16	-0.24
Filing Date Shares Outstanding	2,041	1,994	1,955	1,955	1,882	1,882
Total Common Shares Outstanding	2,041	1,994	1,955	1,955	1,882	1,882
Working Capital	400.31	329.01	525.85	453.97	-5.41	-138.73
Book Value Per Share	0.67	0.60	0.57	0.65	0.64	0.65
Tangible Book Value	1,220	1,161	1,078	1,259	1,185	1,150
Tangible Book Value Per Share	0.60	0.58	0.55	0.64	0.63	0.61
Buildings	-	55.8	48.94	52.37	37.15	55.96
Machinery	-	817.29	814.54	806.41	803.85	659.49
Construction In Progress	-	1.76	5.62	1.72	1.72	121.92