Jiangsu Zhongtian Technology Co., Ltd. (ZTT) (ZHONGTIAN) balance sheet

SHH · Industrials · Electrical Equipment & Parts · 17,200 employees · CEO Wei Lu

Price: CN¥23.17 -7.95%
Market cap: CN¥79.1B
Enterprise value: CN¥75.6B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-04-23 EPS est. CN¥0.37

At the end of Q3 '26 Jiangsu Zhongtian Technology Co., Ltd. (ZTT) (ZHONGTIAN) held CN¥19.3B in cash and short-term investments against CN¥15.8B of debt incl. leases. Total assets CN¥70.9B, total liabilities CN¥30.1B, shareholders' equity CN¥40.1B.

Balance sheet

Balance sheet	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Assets
Cash & equivalents	CN¥15.5B	CN¥12.9B	CN¥13.3B	CN¥13B	CN¥17B	CN¥15.7B	CN¥15.7B	CN¥15.2B	CN¥18B	CN¥14.9B	CN¥17B	CN¥19.3B
Short-term investments	CN¥29M	CN¥0	CN¥7.78M	CN¥0	CN¥1.02M	CN¥2.68M	CN¥1.03M	CN¥22.3M	CN¥21.2M	CN¥54.7M	CN¥26M	CN¥21M
Receivables	CN¥15.1B	CN¥15.3B	CN¥19.4B	CN¥19.7B	CN¥16.4B	CN¥16.1B	CN¥18.1B	CN¥18.9B	CN¥16.7B	CN¥18.2B	CN¥20.2B	CN¥20.6B
Inventory	CN¥5.11B	CN¥6.36B	CN¥5.91B	CN¥6.12B	CN¥5.72B	CN¥7.04B	CN¥7.82B	CN¥9.27B	CN¥7.84B	CN¥9.82B	CN¥9.11B	CN¥10.3B
Other current assets	CN¥1.92B	CN¥2.59B	CN¥1.04B	CN¥1.43B	CN¥1.62B	CN¥1.73B	CN¥1.76B	CN¥2.06B	CN¥1.17B	CN¥1.8B	CN¥1.17B	CN¥1.96B
Current assets	CN¥37.4B	CN¥37.2B	CN¥39.4B	CN¥40.8B	CN¥41.5B	CN¥41.4B	CN¥44.2B	CN¥46.3B	CN¥44.2B	CN¥45.3B	CN¥48.3B	CN¥52.8B
Property, plant & equipment (net)	CN¥11.2B	CN¥11.1B	CN¥11.3B	CN¥11.2B	CN¥11.3B	CN¥11.2B	CN¥11.2B	CN¥11.2B	CN¥11.3B	CN¥11.3B	CN¥11.6B	CN¥11.7B
Long-term investments	CN¥3.62B	CN¥3.16B	CN¥2.81B	CN¥2.92B	CN¥2.83B	CN¥2.88B	CN¥3.15B	CN¥2.95B	CN¥2.95B	CN¥2.98B	CN¥3.16B	CN¥2.7B
Goodwill	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥99.4M	CN¥74.3M	CN¥74.3M	CN¥74.3M	CN¥74.3M
Intangible assets	CN¥1.01B	CN¥1.13B	CN¥1.04B	CN¥1.05B	CN¥1.09B	CN¥1.08B	CN¥1.09B	CN¥1.11B	CN¥1.13B	CN¥1.12B	CN¥1.13B	CN¥1.14B
Deferred tax assets	CN¥932M	CN¥928M	CN¥1B	CN¥1.01B	CN¥1.09B	CN¥1.09B	CN¥1.13B	CN¥1.08B	CN¥1.18B	CN¥1.18B	CN¥1.22B	CN¥1.24B
Other non-current assets	CN¥596M	CN¥527M	CN¥651M	CN¥748M	CN¥485M	CN¥371M	CN¥285M	CN¥357M	CN¥1.23B	CN¥1.47B	CN¥1.13B	CN¥1.28B
Non-current assets	CN¥17.3B	CN¥16.8B	CN¥16.8B	CN¥17B	CN¥16.8B	CN¥16.7B	CN¥16.9B	CN¥16.8B	CN¥17.9B	CN¥18.1B	CN¥18.3B	CN¥18.1B
Total assets	CN¥54.7B	CN¥54B	CN¥56.2B	CN¥57.8B	CN¥58.3B	CN¥58.1B	CN¥61B	CN¥63.1B	CN¥62.1B	CN¥63.4B	CN¥66.6B	CN¥70.9B
Liabilities
Accounts payable	CN¥8.75B	CN¥8.95B	CN¥11B	CN¥11.4B	CN¥11.5B	CN¥11.1B	CN¥12.9B	CN¥8.37B	CN¥6.61B	CN¥7.16B	CN¥7.67B	CN¥8.29B
Accrued expenses	CN¥0	CN¥0	CN¥0	CN¥349M	CN¥0	CN¥0	CN¥0	CN¥369M	CN¥0	CN¥257M	CN¥347M	CN¥424M
Short-term debt	CN¥4.25B	CN¥4.19B	CN¥7.38B	CN¥3.05B	CN¥2.27B	CN¥2.65B	CN¥2.38B	CN¥9.03B	CN¥8.52B	CN¥9.13B	CN¥11.2B	CN¥14.6B
Taxes payable	CN¥183M	CN¥450M	CN¥435M	CN¥511M	CN¥409M	CN¥372M	CN¥370M	CN¥0	CN¥304M	CN¥0	CN¥0	CN¥0
Deferred revenue	CN¥2.07B	CN¥1.74B	CN¥4.31B	CN¥2.78B	CN¥3.37B	CN¥3.12B	CN¥3.24B	CN¥3.5B	CN¥4.23B	CN¥4.13B	CN¥3.48B	CN¥2.84B
Other current liabilities	CN¥3.52B	CN¥3.02B	-CN¥3.87B	CN¥302M	CN¥4.35B	CN¥3.58B	CN¥4.22B	CN¥935M	CN¥5.6B	CN¥950M	CN¥1.91B	CN¥922M
Current liabilities	CN¥17.7B	CN¥17.2B	CN¥18.9B	CN¥19.3B	CN¥19.6B	CN¥18.5B	CN¥21.7B	CN¥22.6B	CN¥20.9B	CN¥22B	CN¥24.9B	CN¥27.8B
Long-term debt	CN¥1.37B	CN¥1.14B	CN¥1.75B	CN¥1.9B	CN¥1.98B	CN¥2.06B	CN¥1.82B	CN¥1.86B	CN¥1.45B	CN¥1.13B	CN¥1.12B	CN¥1.02B
Lease obligations (non-current)	CN¥76.2M	CN¥79.5M	CN¥77.6M	CN¥83.9M	CN¥84.5M	CN¥93.1M	CN¥84.8M	CN¥101M	CN¥151M	CN¥149M	CN¥147M	CN¥143M
Deferred revenue (non-current)	CN¥374M	CN¥363M	CN¥367M	CN¥374M	CN¥378M	CN¥359M	CN¥345M	CN¥344M	CN¥353M	CN¥370M	CN¥343M	CN¥324M
Deferred tax liabilities	CN¥506M	CN¥430M	CN¥336M	CN¥344M	CN¥292M	CN¥305M	CN¥341M	CN¥313M	CN¥430M	CN¥418M	CN¥340M	CN¥311M
Other non-current liabilities	CN¥491M	CN¥106M	CN¥136M	CN¥154M	CN¥182M	CN¥311M	CN¥313M	CN¥316M	CN¥418M	CN¥383M	CN¥400M	CN¥432M
Non-current liabilities	CN¥1.95B	CN¥2.12B	CN¥2.67B	CN¥2.85B	CN¥2.92B	CN¥3.13B	CN¥2.9B	CN¥2.94B	CN¥2.13B	CN¥2.45B	CN¥2.35B	CN¥2.23B
Total liabilities	CN¥19.6B	CN¥19.4B	CN¥21.5B	CN¥22.2B	CN¥22.5B	CN¥21.6B	CN¥24.6B	CN¥25.5B	CN¥23B	CN¥24.4B	CN¥27.2B	CN¥30.1B
Equity
Common stock & paid-in capital	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B
Retained earnings	CN¥16.5B	CN¥17.2B	CN¥17.5B	CN¥18.3B	CN¥18.5B	CN¥19.1B	CN¥19B	CN¥19.8B	CN¥20.2B	CN¥21.2B	CN¥21.7B	CN¥23.6B
Accumulated other comprehensive income	CN¥2.41B	CN¥13.3B	CN¥2.18B	CN¥13.2B	CN¥2.32B	CN¥13.5B	CN¥2.59B	CN¥13.6B	CN¥3.25B	CN¥13.7B	CN¥2.6B	CN¥13.4B
Shareholders' equity	CN¥33.2B	CN¥33.8B	CN¥33.9B	CN¥34.9B	CN¥35B	CN¥35.7B	CN¥35.6B	CN¥36.6B	CN¥37.5B	CN¥38B	CN¥38.4B	CN¥40.1B
Debt
Total debt (incl. leases)	CN¥9.99B	CN¥9.56B	CN¥9.21B	CN¥5.03B	CN¥4.33B	CN¥4.8B	CN¥4.28B	CN¥11B	CN¥10.1B	CN¥10.4B	CN¥12.5B	CN¥15.8B
Net debt (debt - cash)	-CN¥5.51B	-CN¥3.38B	-CN¥4.08B	-CN¥7.98B	-CN¥12.7B	-CN¥10.9B	-CN¥11.4B	-CN¥4.25B	-CN¥7.85B	-CN¥4.52B	-CN¥4.56B	-CN¥3.45B

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	CN¥3.67B	CN¥6.32B	CN¥6.55B	CN¥9.97B	CN¥11.1B	CN¥12.4B	CN¥13.7B	CN¥15.5B	CN¥17B	CN¥18B
Short-term investments	CN¥0	CN¥8.96M	CN¥0	CN¥456M	CN¥102M	CN¥30.2M	CN¥13.9K	CN¥29M	CN¥1.02M	CN¥21.2M
Receivables	CN¥5.79B	CN¥6.68B	CN¥7.2B	CN¥9.38B	CN¥11.3B	CN¥13.3B	CN¥13.4B	CN¥15.1B	CN¥16.4B	CN¥16.7B
Inventory	CN¥3.05B	CN¥4.02B	CN¥5.14B	CN¥7.14B	CN¥6.43B	CN¥5.58B	CN¥5.44B	CN¥5.11B	CN¥5.72B	CN¥7.84B
Other current assets	CN¥1.17B	CN¥1.66B	CN¥1.57B	CN¥9.57B	CN¥4.8B	CN¥729M	CN¥1.24B	CN¥1.43B	CN¥1.62B	CN¥1.17B
Current assets	CN¥13.5B	CN¥18.3B	CN¥20.1B	CN¥27.6B	CN¥33.7B	CN¥32B	CN¥33.7B	CN¥37.4B	CN¥41.5B	CN¥44.2B
Property, plant & equipment (net)	CN¥4.99B	CN¥6.04B	CN¥8.85B	CN¥9.62B	CN¥9.48B	CN¥9.51B	CN¥10.2B	CN¥11.2B	CN¥11.3B	CN¥11.3B
Long-term investments	CN¥1.27B	CN¥1.17B	CN¥1.4B	CN¥874M	CN¥1.7B	CN¥1.91B	CN¥2.58B	CN¥3.62B	CN¥2.83B	CN¥2.95B
Goodwill	CN¥5.18M	CN¥5.18M	CN¥14.7M	CN¥33.4M	CN¥22.4M	CN¥8.39M	CN¥5.56M	CN¥5.56M	CN¥5.56M	CN¥74.3M
Intangible assets	CN¥527M	CN¥596M	CN¥931M	CN¥1.02B	CN¥1.09B	CN¥1.04B	CN¥1B	CN¥1.01B	CN¥1.09B	CN¥1.13B
Deferred tax assets	CN¥115M	CN¥164M	CN¥225M	CN¥236M	CN¥315M	CN¥847M	CN¥834M	CN¥932M	CN¥1.09B	CN¥1.18B
Other non-current assets	CN¥77.5M	CN¥488M	CN¥455M	CN¥809M	CN¥793M	CN¥314M	CN¥265M	CN¥596M	CN¥485M	CN¥1.23B
Non-current assets	CN¥6.98B	CN¥8.47B	CN¥11.9B	CN¥12.6B	CN¥13.4B	CN¥13.6B	CN¥14.9B	CN¥17.3B	CN¥16.8B	CN¥17.9B
Total assets	CN¥20.5B	CN¥26.8B	CN¥32B	CN¥40.2B	CN¥47.1B	CN¥45.6B	CN¥48.7B	CN¥54.7B	CN¥58.3B	CN¥62.1B
Liabilities
Accounts payable	CN¥4.03B	CN¥5.13B	CN¥6.57B	CN¥9.03B	CN¥10.2B	CN¥7.28B	CN¥7.26B	CN¥9.89B	CN¥5.4B	CN¥6.61B
Accrued expenses	CN¥0	CN¥295M	CN¥0	CN¥360M	CN¥454M	CN¥429M	CN¥419M	CN¥0	CN¥0	CN¥518M
Short-term debt	CN¥2.78B	CN¥1.4B	CN¥2.47B	CN¥1.35B	CN¥2.24B	CN¥3.46B	CN¥4.99B	CN¥8.54B	CN¥2.27B	CN¥8.52B
Taxes payable	CN¥139M	CN¥128M	CN¥188M	CN¥157M	CN¥331M	CN¥383M	CN¥401M	CN¥183M	CN¥409M	CN¥304M
Deferred revenue	CN¥463M	CN¥715M	CN¥188M	CN¥719M	CN¥4.74B	CN¥3.01B	CN¥1.38B	CN¥0	CN¥3.37B	CN¥4.23B
Other current liabilities	CN¥947M	CN¥502M	CN¥1.61B	CN¥1.52B	CN¥4.48B	-CN¥17.6M	CN¥1.13B	-CN¥773M	CN¥10.5B	CN¥840M
Current liabilities	CN¥7.76B	CN¥7.81B	CN¥11.4B	CN¥12.9B	CN¥18B	CN¥15.1B	CN¥16.3B	CN¥17.7B	CN¥19.6B	CN¥20.9B
Long-term debt	CN¥15.5M	CN¥680M	CN¥555M	CN¥4.93B	CN¥3.94B	CN¥1.91B	CN¥149M	CN¥1.37B	CN¥1.98B	CN¥1.45B
Lease obligations (non-current)	CN¥0	CN¥0	-CN¥856K	CN¥0	CN¥78.1M	CN¥75.8M	CN¥72.6M	CN¥76.2M	CN¥84.5M	CN¥151M
Deferred revenue (non-current)	CN¥106M	CN¥131M	CN¥138M	CN¥150M	CN¥216M	CN¥240M	CN¥268M	CN¥374M	CN¥378M	CN¥353M
Deferred tax liabilities	CN¥273M	CN¥251M	CN¥286M	CN¥464M	CN¥476M	CN¥358M	CN¥356M	CN¥506M	CN¥292M	CN¥430M
Other non-current liabilities	CN¥206M	CN¥172M	CN¥173M	CN¥226M	CN¥159M	CN¥286M	CN¥264M	CN¥116M	CN¥182M	CN¥418M
Non-current liabilities	CN¥601M	CN¥1.23B	CN¥1.15B	CN¥5.77B	CN¥4.87B	CN¥2.87B	CN¥1.09B	CN¥2.44B	CN¥2.92B	CN¥2.13B
Total liabilities	CN¥8.36B	CN¥9.04B	CN¥12.5B	CN¥18.7B	CN¥22.9B	CN¥18B	CN¥17.4B	CN¥20.1B	CN¥22.5B	CN¥23B
Equity
Common stock & paid-in capital	CN¥2.61B	CN¥3.07B	CN¥3.07B	CN¥3.07B	CN¥3.07B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B	CN¥3.41B
Retained earnings	CN¥4.3B	CN¥5.71B	CN¥7.34B	CN¥9.53B	CN¥11.5B	CN¥11.6B	CN¥13.9B	CN¥16.5B	CN¥18.5B	CN¥20.2B
Accumulated other comprehensive income	CN¥1.26B	CN¥1.22B	CN¥624M	CN¥1.45B	CN¥1.84B	CN¥1.24B	CN¥1.66B	CN¥2.41B	CN¥2.32B	CN¥3.04B
Shareholders' equity	CN¥11.9B	CN¥17.6B	CN¥19.3B	CN¥21.2B	CN¥23.5B	CN¥27.3B	CN¥30B	CN¥33.2B	CN¥35B	CN¥37.5B
Debt
Total debt (incl. leases)	CN¥1.91B	CN¥2.08B	CN¥3.83B	CN¥6.28B	CN¥6.18B	CN¥5.44B	CN¥5.2B	CN¥9.99B	CN¥4.33B	CN¥10.1B
Net debt (debt - cash)	-CN¥1.76B	-CN¥4.23B	-CN¥2.72B	-CN¥3.69B	-CN¥4.92B	-CN¥6.93B	-CN¥8.5B	-CN¥5.51B	-CN¥12.7B	-CN¥7.85B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01