China Water Affairs Group Balance Sheet

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	4,042	4,772	4,805	6,985	6,023	3,901
Trading Asset Securities	315.39	5.44	491.67	653.32	1,149	1,035
Accounts Receivable	6,040	5,464	4,357	3,436	2,441	1,551
Other Receivables	3,718	3,465	2,586	2,419	2,022	1,700
Inventory	2,722	2,612	2,916	3,020	3,574	3,481
Prepaid Expenses	574.86	554.92	488.64	424.1	402.34	294.7
Loans Receivable Current	-	68.99	485.45	435.22	381.37	398.32
Other Current Assets	501.81	678.23	745.4	514.26	506.35	515.12
Total Current Assets	17,914	17,620	16,876	17,886	16,499	12,877
Property, Plant & Equipment	4,004	3,865	4,811	4,641	4,739	4,155
Goodwill	1,372	1,363	1,371	1,419	1,476	1,409
Other Intangible Assets	35,254	34,156	31,847	29,123	26,504	21,655
Long-Term Investments	2,369	2,393	2,278	2,621	2,878	2,648
Long-Term Accounts Receivable	2,488	2,080	1,798	1,358	1,306	1,050
Other Long-Term Assets	4,426	4,415	4,262	4,115	3,662	3,245
Total Assets	67,827	65,892	63,242	61,164	57,064	47,038
Accounts Payable	8,416	8,087	6,849	5,404	4,674	3,760
Accrued Expenses	221.91	287.81	363.28	472.61	494.42	448.37
Short-Term Debt	-	18.48	18.68	19.77	23.76	20
Current Portion of Long-Term Debt	8,309	5,960	7,101	8,156	8,009	5,515
Current Unearned Revenue	991.56	959.5	1,166	1,499	1,331	1,173
Current Portion of Leases	47.56	47.06	38.61	37.98	36.81	30.53
Current Income Taxes Payable	3,427	3,447	2,984	3,027	2,597	1,975
Other Current Liabilities	2,476	2,602	2,226	2,562	2,083	1,626
Total Current Liabilities	23,888	21,409	20,747	21,178	19,248	14,547
Long-Term Debt	17,128	20,227	18,697	16,686	15,130	13,559
Long-Term Leases	405.95	408.27	332.31	343.12	338.1	329.05
Long-Term Unearned Revenue	434.82	430.34	445.27	515.05	550.74	553.26
Long-Term Deferred Tax Liabilities	1,744	1,544	1,567	1,270	1,314	1,099
Total Liabilities	43,601	44,019	41,790	39,992	36,582	30,088
Common Stock	16.32	16.32	16.32	16.32	16.32	15.85
Additional Paid-In Capital	314.09	314.09	314.09	314.09	314.09	32.37
Retained Earnings	14,781	14,453	13,836	12,808	11,506	10,135
Treasury Stock	-32.58	-27.6	-	-	-	-
Comprehensive Income & Other	-1,318	-1,584	-1,379	-145.29	1,133	329.31
Total Common Equity	13,760	13,172	12,787	12,993	12,969	10,513
Minority Interest	10,466	8,701	8,666	8,179	7,514	6,437
Shareholders' Equity	24,226	21,873	21,453	21,172	20,483	16,950
Total Liabilities & Equity	67,827	65,892	63,242	61,164	57,064	47,038
Total Debt	25,890	26,661	26,188	25,243	23,537	19,453
Net Cash (Debt)	-21,533	-21,884	-20,892	-17,604	-16,365	-14,517
Net Cash Per Share	-13.22	-13.41	-12.80	-10.78	-10.03	-8.89
Filing Date Shares Outstanding	1,631	1,628	1,632	1,632	1,632	1,585
Total Common Shares Outstanding	1,631	1,628	1,632	1,632	1,632	1,585
Working Capital	-5,974	-3,790	-3,872	-3,292	-2,749	-1,670
Book Value Per Share	8.43	8.09	7.83	7.96	7.95	6.63
Tangible Book Value	-22,866	-22,346	-20,431	-17,549	-15,011	-12,552
Tangible Book Value Per Share	-14.02	-13.73	-12.52	-10.75	-9.20	-7.92
Buildings	-	1,223	2,137	2,171	2,159	1,901
Machinery	-	1,215	1,380	1,351	1,319	1,057
Construction In Progress	-	902.88	723.88	531.34	489.43	363.98

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