Sino Geophysical Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	371.18	533.27	344.93	287.13	600.28	457.94
Cash & Short-Term Investments	371.18	533.27	344.93	287.13	600.28	457.94
Cash Growth	15.83%	54.60%	20.13%	-52.17%	31.08%	-23.19%
Accounts Receivable	136.28	119.91	46.38	75.12	49.6	56.89
Other Receivables	6.32	5.55	0.43	0.69	2.22	1.05
Receivables	142.6	125.46	46.81	75.81	51.82	57.94
Inventory	28.04	19.23	5.19	6.17	6.92	3.55
Other Current Assets	52.94	76.29	85.26	120.85	63.88	77.65
Total Current Assets	594.75	754.25	482.19	489.96	722.9	597.08
Property, Plant & Equipment	3,435	3,296	2,208	1,757	1,241	807.69
Long-Term Investments	0.61	0.62	0.63	0.62	1.06	150.69
Other Intangible Assets	0.94	1.01	2.24	3.52	7.49	13.65
Long-Term Deferred Tax Assets	90.35	90.71	18.32	4.35	4.58	4.37
Long-Term Deferred Charges	-	-	-	5.66	5.7	5.88
Other Long-Term Assets	1.24	1.28	2.97	0.38	8.62	19.78
Total Assets	4,123	4,144	2,714	2,261	1,991	1,599
Accounts Payable	462.11	542.74	220.44	357.68	224.35	128.65
Accrued Expenses	3.28	3.51	28.01	34.51	18.65	18.11
Short-Term Debt	161.49	133.48	168.06	147.97	68.12	64.49
Current Portion of Long-Term Debt	541.99	549.09	313.05	196.45	109	-
Current Portion of Leases	-	-	95.14	1.79	2.28	1.55
Current Income Taxes Payable	23.37	23.39	2.31	3.77	6.91	3.44
Current Unearned Revenue	0.25	0.25	0.83	0.75	0.75	0.74
Other Current Liabilities	2.37	1.23	4.13	7.83	10.37	11.48
Total Current Liabilities	1,195	1,254	831.98	750.76	440.42	228.46
Long-Term Debt	981.72	986.76	663.34	221.69	120.35	-
Long-Term Leases	199.6	206.86	-	0.84	1.99	1.87
Long-Term Unearned Revenue	-	-	-	1.86	2.06	2.06
Long-Term Deferred Tax Liabilities	87.86	92.42	32.99	30.44	35.73	28
Other Long-Term Liabilities	502.66	480.5	105.94	123.55	124.56	106.11
Total Liabilities	2,967	3,020	1,634	1,129	725.12	366.51
Common Stock	320	320	320	320	320	320
Additional Paid-In Capital	549.51	549.51	549.51	549.51	549.51	549.51
Retained Earnings	283.34	252.85	209.36	262.18	396.76	362.15
Comprehensive Income & Other	3.45	0.92	0.91	-1.31	-1.62	-1.65
Total Common Equity	1,156	1,123	1,080	1,130	1,265	1,230
Minority Interest	-	-	0	1.84	1.55	2.64
Shareholders' Equity	1,156	1,123	1,080	1,132	1,266	1,233
Total Liabilities & Equity	4,123	4,144	2,714	2,261	1,991	1,599
Total Debt	1,885	1,876	1,240	568.74	301.74	67.91
Net Cash (Debt)	-1,514	-1,343	-894.66	-281.61	298.54	390.03
Net Cash Growth	-	-	-	-	-23.46%	-13.65%
Net Cash Per Share	-4.87	-4.32	-2.88	-0.88	0.94	1.25
Filing Date Shares Outstanding	320.02	281.68	320	320	320	320
Total Common Shares Outstanding	320.02	281.68	320	320	320	320
Working Capital	-600.11	-499.46	-349.79	-260.8	282.48	368.62
Book Value Per Share	3.61	3.99	3.37	3.53	3.95	3.84
Tangible Book Value	1,155	1,122	1,078	1,127	1,257	1,216
Tangible Book Value Per Share	3.61	3.98	3.37	3.52	3.93	3.80
Buildings	-	-	84.17	87.75	71.45	65.11
Machinery	-	-	249.09	248.37	246.15	258.29
Construction In Progress	1,461	1,265	1,190	996.14	717	406.98

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