Yunnan Water Investment Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	927.61	1,008	899.24	600.64	428.43	1,698	Upgrade
Trading Asset Securities	-	50	-	-	-	-	Upgrade
Cash & Short-Term Investments	927.61	1,058	899.24	600.64	428.43	1,698	Upgrade
Cash Growth	27.92%	17.66%	49.71%	40.20%	-74.76%	-31.22%	Upgrade
Accounts Receivable	7,305	7,464	7,663	7,040	7,000	8,469	Upgrade
Receivables	7,305	7,464	7,663	7,040	7,000	8,469	Upgrade
Inventory	109.78	113.78	126.3	129.92	116.04	108.34	Upgrade
Restricted Cash	110.25	108.96	135.11	82.79	272.53	125.5	Upgrade
Other Current Assets	307.02	232.2	310.99	656.07	145.84	175.46	Upgrade
Total Current Assets	8,759	8,977	9,135	8,510	7,963	10,576	Upgrade
Property, Plant & Equipment	4,128	4,280	4,577	4,499	4,584	4,418	Upgrade
Long-Term Investments	1,072	1,088	1,108	1,095	1,089	857.46	Upgrade
Goodwill	-	-	189.08	200.58	342.78	425.59	Upgrade
Other Intangible Assets	9,617	9,960	10,634	11,246	12,054	12,453	Upgrade
Long-Term Accounts Receivable	18,641	18,749	19,830	19,543	20,021	16,618	Upgrade
Long-Term Deferred Tax Assets	177.12	189.71	217.66	329.94	872.13	701.44	Upgrade
Long-Term Deferred Charges	-	15.89	12.95	14.49	12.99	9.57	Upgrade
Other Long-Term Assets	1,137	1,209	1,142	1,230	1,486	1,193	Upgrade
Total Assets	43,531	44,469	46,844	46,669	48,426	47,253	Upgrade
Accounts Payable	8,925	9,138	9,490	8,920	5,974	3,130	Upgrade
Short-Term Debt	-	-	78.94	455.78	4,440	4,158	Upgrade
Current Portion of Long-Term Debt	2,401	2,922	1,719	2,929	16,245	5,518	Upgrade
Current Portion of Leases	0.55	1.49	7.3	12.19	14.32	13.26	Upgrade
Current Income Taxes Payable	561.49	558.94	620.8	570.42	561.64	445.43	Upgrade
Current Unearned Revenue	113.89	123.96	126.08	101.16	87.34	88.15	Upgrade
Other Current Liabilities	-	-	-	220.04	-	-	Upgrade
Total Current Liabilities	12,002	12,745	12,042	13,209	27,323	13,353	Upgrade
Long-Term Debt	19,283	18,447	29,185	26,748	7,970	17,866	Upgrade
Long-Term Leases	38.96	42.67	43.13	26.82	30.96	35.78	Upgrade
Long-Term Unearned Revenue	680.35	683.74	834.35	814.43	817.16	709.77	Upgrade
Long-Term Deferred Tax Liabilities	713.18	732.98	768.55	805.29	1,326	1,277	Upgrade
Other Long-Term Liabilities	690.16	655.68	520.56	577.02	3,360	6,404	Upgrade
Total Liabilities	33,407	33,307	43,393	42,180	40,827	39,645	Upgrade
Common Stock	1,193	1,193	1,193	1,193	1,193	1,193	Upgrade
Retained Earnings	-4,399	-2,753	-1,014	-325.96	734.39	1,807	Upgrade
Comprehensive Income & Other	12,542	11,761	1,807	1,876	3,709	2,675	Upgrade
Total Common Equity	9,335	10,201	1,986	2,744	5,637	5,675	Upgrade
Minority Interest	788.49	959.94	1,465	1,745	1,962	1,932	Upgrade
Shareholders' Equity	10,124	11,161	3,451	4,488	7,598	7,608	Upgrade
Total Liabilities & Equity	43,531	44,469	46,844	46,669	48,426	47,253	Upgrade
Total Debt	21,723	21,414	31,033	30,172	28,701	27,591	Upgrade
Net Cash (Debt)	-20,796	-20,356	-30,134	-29,571	-28,272	-25,893	Upgrade
Net Cash Per Share	-17.43	-17.06	-25.27	-24.78	-23.69	-21.70	Upgrade
Filing Date Shares Outstanding	1,193	1,193	1,193	1,193	1,193	1,193	Upgrade
Total Common Shares Outstanding	1,193	1,193	1,193	1,193	1,193	1,193	Upgrade
Working Capital	-3,242	-3,768	-2,907	-4,699	-19,360	-2,777	Upgrade
Book Value Per Share	-0.47	0.26	1.66	2.30	3.36	4.34	Upgrade
Tangible Book Value	-281.26	241.78	-8,837	-8,703	-6,760	-7,204	Upgrade
Tangible Book Value Per Share	-8.53	-8.09	-7.41	-7.29	-7.02	-6.46	Upgrade
Machinery	-	5,197	5,179	4,260	4,168	3,693	Upgrade
Construction In Progress	-	988.03	972.92	1,497	1,489	1,591	Upgrade

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