BEIJING GEOENVIRON ENG AND TECH

BEIJING GEOENVIRON ENG AND TECH — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011
+Revenue	14.7B	14.5B	10.6B	8.8B	7.8B	6.8B	5.1B	3.8B	2.3B	1.6B	1.0B	777.0M	782.0M	654.0M	577.0M
Revenue Growth %	1.6%	37.1%	20.6%	12.1%	14.6%	34.5%	34.9%	63.2%	47.3%	53.7%	31.0%	-0.6%	19.6%	13.3%	--
Total Revenue	14.7B	14.5B	10.6B	8.8B	7.8B	6.8B	5.1B	3.8B	2.3B	1.6B	1.0B	777.0M	782.0M	654.0M	577.0M
Cost Of Revenue	11.9B	12.4B	8.7B	6.7B	5.9B	5.2B	3.9B	2.8B	1.7B	1.1B	720.0M	529.0M	515.0M	421.0M	383.0M
+Gross Profit	2.8B	2.1B	1.9B	2.1B	1.9B	1.6B	1.2B	991.0M	637.0M	430.0M	298.0M	248.0M	267.0M	233.0M	194.0M
Gross Margin %	19.0%	14.4%	18.2%	23.6%	24.4%	23.2%	23.2%	26.3%	27.6%	27.5%	29.3%	31.9%	34.1%	35.6%	33.6%
Total Operating Cost	13.7B	14.2B	10.3B	8.1B	7.1B	6.2B	4.6B	3.4B	2.1B	1.4B	900.0M	657.0M	634.0M	493.0M	437.0M
Selling Expenses	106.0M	97.7M	144.0M	122.0M	98.2M	93.4M	71.1M	81.3M	60.8M	49.8M	42.5M	32.9M	25.4M	16.0M	10.6M
Admin Expenses	539.0M	511.0M	505.0M	421.0M	374.0M	325.0M	271.0M	241.0M	166.0M	175.0M	127.0M	102.0M	76.4M	46.8M	29.3M
Rd Expenses	459.0M	509.0M	324.0M	351.0M	247.0M	211.0M	157.0M	117.0M	69.1M	--	--	--	--	--	--
Finance Expenses	456.0M	451.0M	437.0M	338.0M	282.0M	209.0M	145.0M	103.0M	76.3M	24.3M	-28.1M	-25.3M	-9.2M	-5.0M	-3.2M
+Operating Income	1.2B	620.0M	565.0M	835.0M	909.0M	725.0M	566.0M	457.0M	282.0M	184.0M	118.0M	120.0M	148.0M	161.0M	140.0M
Operating Margin %	7.9%	4.3%	5.3%	9.5%	11.6%	10.6%	11.2%	12.1%	12.2%	11.8%	11.6%	15.4%	18.9%	24.6%	24.3%
Non Operating Income	8.5M	7.9M	8.7M	4.1M	3.6M	1.3M	1.3M	1.4M	308,100	3.4M	3.9M	5.4M	11.9M	4.5M	6.3M
Non Operating Expenses	52.8M	20.2M	13.8M	10.6M	27.6M	7.5M	5.1M	2.6M	7.6M	3.1M	311,500	45,200	1.0M	1.1M	210,400
Investment Income	87.2M	121.0M	121.0M	71.4M	101.0M	40.1M	77.9M	50.2M	30.7M	25.6M	-611,200	-245,900	16,300	-36,100	--
Fair Value Change Income	-25.0M	74.7M	5.0M	-17.9M	-992,300	-42,900	--	--	--	--	--	--	--	--	--
Asset Disposal Income	-18.5M	-702,600	2.6M	432,400	29.3M	-713,000	-2.9M	6.2M	-355,900	-106,100	--	--	--	--	--
Asset Impairment Loss	106.0M	122.0M	77.8M	31.5M	41.0M	44.1M	36.8M	49.8M	14.4M	15.7M	14.3M	-3.0M	9.8M	-3.7M	4.0M
Other Income	117.0M	148.0M	122.0M	80.1M	54.0M	46.6M	28.1M	18.1M	10.2M	--	--	--	--	--	--
Income Before Tax	1.1B	608.0M	560.0M	829.0M	885.0M	719.0M	562.0M	456.0M	274.0M	184.0M	122.0M	125.0M	159.0M	164.0M	146.0M
Income Tax	80.9M	65.3M	51.5M	84.6M	54.0M	82.1M	78.4M	59.0M	34.0M	20.5M	15.4M	9.7M	22.3M	22.5M	20.8M
+Net Income	1.0B	543.0M	508.0M	744.0M	831.0M	637.0M	484.0M	397.0M	240.0M	164.0M	106.0M	115.0M	137.0M	142.0M	125.0M
Net Margin %	7.1%	3.7%	4.8%	8.5%	10.6%	9.3%	9.5%	10.6%	10.4%	10.5%	10.4%	14.8%	17.5%	21.7%	21.7%
Net Income Attributable	838.0M	482.0M	505.0M	692.0M	726.0M	550.0M	412.0M	325.0M	192.0M	156.0M	106.0M	116.0M	140.0M	143.0M	125.0M
Minority Interest	201.0M	60.7M	3.5M	51.9M	104.0M	86.7M	71.8M	72.2M	48.3M	7.4M	107,500	-98,000	-2.8M	-1.2M	370,200
Eps Basic	0.55	0.32	0.33	0.51	0.58	0.58	0.62	0.50	0.30	0.24	0.33	0.95	1.15	1.18	1.20
Eps Diluted	0.55	0.32	0.33	0.51	0.57	0.58	0.59	0.48	0.30	0.24	0.33	0.95	--	1.18	1.20

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011
Cash And Equivalents	2.1B	2.0B	1.9B	1.6B	856.0M	1.3B	921.0M	677.0M	355.0M	353.0M	245.0M	816.0M	75.0M	190.0M	220.0M
Trading Financial Assets	35.2M	7.0M	6.3M	236.0M	379,200	2.0M	--	--	--	--	--	--	--	--	--
Accounts Receivable	2.5B	2.2B	1.8B	1.8B	1.4B	869.0M	506.0M	261.0M	134.0M	146.0M	109.0M	93.2M	85.4M	84.2M	126.0M
Notes Receivable	6.1M	10.2M	2.4M	3.6M	3.7M	49.5M	5.9M	17.2M	11.4M	26.1M	21.2M	4.5M	100,000	--	--
Notes And Accounts Receivable	2.5B	2.2B	1.8B	1.8B	1.4B	918.0M	511.0M	278.0M	145.0M	172.0M	130.0M	97.7M	85.5M	84.2M	126.0M
Prepayments	539.0M	599.0M	321.0M	627.0M	232.0M	264.0M	225.0M	242.0M	132.0M	34.9M	26.6M	10.8M	7.8M	4.2M	38.7M
Inventory	6.0B	5.2B	4.9B	2.6B	1.2B	1.2B	2.4B	2.0B	1.6B	1.4B	1.1B	705.0M	548.0M	436.0M	264.0M
Total Current Assets	14.5B	13.9B	13.1B	10.3B	7.6B	6.0B	4.5B	3.5B	2.5B	2.2B	1.6B	1.7B	744.0M	739.0M	683.0M
Long Term Equity Investment	181.0M	217.0M	843.0M	852.0M	944.0M	870.0M	706.0M	545.0M	467.0M	409.0M	273.0M	18.6M	3.4M	3.4M	--
Fixed Assets	3.8B	4.1B	3.6B	2.0B	1.3B	972.0M	754.0M	663.0M	460.0M	156.0M	101.0M	105.0M	105.0M	106.0M	8.1M
Fixed Assets Total	3.8B	4.1B	3.6B	2.0B	1.3B	972.0M	754.0M	663.0M	460.0M	156.0M	101.0M	105.0M	105.0M	106.0M	8.1M
Construction In Progress	111.0M	139.0M	323.0M	948.0M	364.0M	256.0M	113.0M	59.4M	115.0M	20.9M	1.7M	--	--	--	--
Construction In Progress Total	111.0M	139.0M	323.0M	948.0M	364.0M	256.0M	113.0M	59.4M	115.0M	27.9M	1.7M	--	--	--	--
Intangible Assets	7.4B	7.8B	7.8B	7.6B	6.2B	6.2B	4.1B	2.4B	1.2B	547.0M	284.0M	145.0M	235,600	--	--
Long Term Deferred Expenses	32.1M	31.7M	23.0M	21.1M	10.6M	7.9M	3.7M	2.9M	1.7M	--	137,500	--	--	--	17,500
Total Non Current Assets	12.4B	13.4B	13.6B	12.4B	9.7B	9.5B	7.0B	5.0B	3.5B	2.2B	1.6B	1.3B	831.0M	482.0M	246.0M
Total Assets	27.0B	27.3B	26.7B	22.7B	17.3B	15.4B	11.5B	8.5B	6.0B	4.4B	3.3B	3.0B	1.6B	1.2B	929.0M
Short Term Borrowings	6.3B	6.4B	6.2B	3.8B	2.8B	1.5B	1.2B	1.6B	1.5B	547.0M	549.0M	584.0M	170.0M	--	16.6M
Accounts Payable	2.3B	2.8B	2.8B	2.6B	2.2B	2.4B	1.9B	1.2B	833.0M	601.0M	447.0M	329.0M	258.0M	228.0M	176.0M
Advance Receipts	--	--	--	--	--	--	88.8M	272.0M	246.0M	377.0M	339.0M	233.0M	165.0M	144.0M	48.5M
Contract Liabilities	229.0M	260.0M	182.0M	117.0M	98.2M	236.0M	--	--	--	--	--	--	--	--	--
Total Current Liabilities	10.8B	11.3B	11.2B	8.0B	6.9B	5.2B	4.0B	3.7B	3.0B	2.2B	1.4B	1.2B	647.0M	431.0M	285.0M
Long Term Borrowings	4.3B	4.8B	5.0B	4.7B	4.1B	3.6B	2.0B	1.0B	404.0M	150.0M	--	30.0M	--	--	--
Total Non Current Liabilities	5.5B	6.1B	5.4B	5.0B	4.2B	4.9B	3.8B	1.7B	460.0M	158.0M	3.9M	33.0M	--	--	--
Total Liabilities	16.3B	17.4B	16.6B	13.0B	11.1B	10.1B	7.8B	5.4B	3.5B	2.3B	1.4B	1.2B	647.0M	431.0M	285.0M
Paid In Capital	1.5B	1.5B	1.5B	1.5B	1.1B	810.0M	674.0M	661.0M	662.0M	331.0M	162.0M	162.0M	121.0M	121.0M	121.0M
Capital Reserve	3.8B	3.8B	4.0B	3.9B	1.6B	1.8B	708.0M	575.0M	602.0M	914.0M	959.0M	959.0M	301.0M	300.0M	298.0M
Surplus Reserve	379.0M	337.0M	292.0M	249.0M	180.0M	156.0M	122.0M	88.8M	64.6M	53.4M	44.9M	41.6M	40.2M	31.9M	20.5M
Retained Earnings	4.1B	3.4B	3.6B	3.2B	2.7B	2.0B	1.6B	1.2B	945.0M	781.0M	649.0M	562.0M	448.0M	317.0M	185.0M
Minority Equity	1.0B	850.0M	824.0M	809.0M	719.0M	604.0M	531.0M	361.0M	289.0M	146.0M	40.5M	33.4M	17.6M	19.7M	18.4M
Equity Attributable	9.6B	9.0B	9.3B	8.9B	5.5B	4.7B	3.1B	2.7B	2.2B	2.0B	1.8B	1.7B	911.0M	770.0M	625.0M
Total Equity	10.7B	9.9B	10.1B	9.7B	6.2B	5.3B	3.7B	3.0B	2.5B	2.1B	1.9B	1.8B	928.0M	790.0M	643.0M

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011
Cash From Sales	16.7B	15.8B	12.1B	9.5B	8.2B	7.4B	5.2B	3.5B	1.9B	1.1B	824.0M	416.0M	310.0M	460.0M	332.0M
Tax Refunds Received	52.8M	63.1M	54.4M	46.6M	57.7M	11.3M	5.5M	34.3M	3.1M	1.7M	1.2M	--	113,300	--	--
Total Operating Cash Inflow	17.1B	16.4B	12.5B	9.8B	8.4B	7.7B	5.4B	3.6B	2.0B	1.1B	855.0M	425.0M	337.0M	489.0M	366.0M
Cash Paid For Goods	13.9B	13.7B	11.4B	8.6B	6.5B	5.6B	3.7B	2.5B	1.4B	862.0M	593.0M	424.0M	445.0M	386.0M	309.0M
Cash Paid To Employees	905.0M	876.0M	859.0M	703.0M	564.0M	415.0M	368.0M	304.0M	221.0M	143.0M	107.0M	85.5M	66.7M	45.3M	34.3M
Taxes Paid	390.0M	423.0M	442.0M	331.0M	355.0M	215.0M	196.0M	162.0M	102.0M	72.4M	42.9M	29.7M	37.1M	37.1M	28.5M
Total Operating Cash Outflow	15.9B	15.6B	13.5B	10.3B	7.8B	6.6B	4.6B	3.3B	1.9B	1.2B	868.0M	657.0M	609.0M	522.0M	436.0M
Operating Cash Flow	1.2B	760.0M	-953.0M	-446.0M	607.0M	1.1B	787.0M	322.0M	102.0M	-111.0M	-13.0M	-231.0M	-272.0M	-33.8M	-70.3M
Total Investing Cash Inflow	584.0M	578.0M	645.0M	824.0M	110.0M	51.4M	41.7M	106.0M	186.0M	25.2M	--	14.2M	703,100	83.3M	415,100
Total Investing Cash Outflow	388.0M	1.1B	1.9B	3.4B	2.2B	2.6B	1.7B	1.5B	960.0M	395.0M	454.0M	164.0M	14.0M	57.9M	35.1M
Investing Cash Flow	195.0M	-508.0M	-1.2B	-2.6B	-2.0B	-2.6B	-1.7B	-1.4B	-774.0M	-370.0M	-454.0M	-150.0M	-13.3M	25.3M	-34.6M
Cash From Borrowings	5.5B	6.2B	5.6B	5.4B	3.6B	3.5B	3.6B	2.3B	1.6B	543.0M	871.0M	614.0M	172.0M	1.0M	119.0M
Dividends And Interest Paid	548.0M	1.1B	532.0M	552.0M	493.0M	355.0M	205.0M	125.0M	90.4M	51.4M	35.5M	25.6M	2.1M	546,100	4.1M
Debt Repayments	6.1B	6.3B	3.6B	4.9B	2.2B	1.5B	1.9B	1.7B	822.0M	400.0M	942.0M	170.0M	1.9M	17.6M	121.0M
Total Financing Cash Inflow	8.5B	10.8B	8.0B	9.4B	3.7B	3.9B	3.7B	3.2B	1.6B	1.0B	878.0M	1.3B	173.0M	3.5M	396.0M
Total Financing Cash Outflow	9.7B	10.9B	5.8B	5.7B	2.9B	1.9B	2.6B	2.0B	954.0M	453.0M	983.0M	196.0M	4.3M	18.2M	125.0M
Financing Cash Flow	-1.3B	-111.0M	2.3B	3.6B	872.0M	2.0B	1.1B	1.3B	676.0M	587.0M	-105.0M	1.1B	168.0M	-14.7M	270.0M
Net Change In Cash	115.0M	137.0M	91.7M	564.0M	-569.0M	500.0M	165.0M	190.0M	2.9M	106.0M	-572.0M	743.0M	-117.0M	-23.2M	165.0M
Ending Cash Balance	1.5B	1.4B	1.3B	1.2B	637.0M	1.2B	707.0M	541.0M	352.0M	349.0M	243.0M	815.0M	72.0M	189.0M	212.0M
Capex	340.0M	895.0M	1.5B	2.6B	2.0B	2.6B	1.7B	1.0B	626.0M	233.0M	109.0M	143.0M	14.0M	54.5M	35.1M