Taizhou Water Group Co., Ltd. (FRA:GX5)

Taizhou Water Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	291.36	321.27	447.83	269.76	190.7	230.37
Short-Term Investments	-	2.28	3.3	1.77	3.93	4.07
Accounts Receivable	150.46	158.25	158.59	134.04	112.44	108.64
Inventory	4.94	5.28	4.86	5.26	4.9	3.79
Other Current Assets	44.39	19.14	25.85	26.43	25.14	19.78
Total Current Assets	491.15	506.21	640.42	437.26	337.1	366.64
Property, Plant & Equipment	4,618	4,662	4,698	4,746	3,978	2,957
Other Intangible Assets	1.93	1.82	0.23	0.27	0.29	0.34
Long-Term Investments	502.38	496.54	529.68	522.16	503.7	125
Long-Term Deferred Tax Assets	26.59	26.56	25.21	26.23	22.01	21.31
Other Long-Term Assets	1.62	2.29	9.82	5.61	15.19	32.37
Total Assets	5,642	5,696	5,903	5,738	4,856	3,503
Accounts Payable	66.8	113.05	98.52	92.25	63.68	61.54
Accrued Expenses	-	43.93	40.42	36.78	40.07	34.74
Short-Term Debt	166.56	154.66	150.89	-	-	-
Current Portion of Long-Term Debt	16.85	20.44	75.54	96.13	89.24	0.19
Current Unearned Revenue	9.75	16.47	14.83	14.02	7.82	6.33
Current Portion of Leases	-	0.68	0.68	18.83	19.73	20.88
Current Income Taxes Payable	5.56	3.81	14.85	16.45	29.39	14.52
Other Current Liabilities	650.85	745.86	963.79	1,059	717.73	304.03
Total Current Liabilities	916.36	1,099	1,360	1,334	967.67	442.23
Long-Term Debt	3,655	3,495	3,332	3,094	2,653	1,964
Long-Term Unearned Revenue	117.05	121.97	131.82	141.97	103.6	76.89
Other Long-Term Liabilities	1.78	1.78	2	1.71	1.53	1.63
Total Liabilities	4,690	4,717	4,825	4,571	3,726	2,485
Common Stock	200	200	200	200	200	200
Retained Earnings	410.18	430.06	525.64	624.64	602.71	516.4
Comprehensive Income & Other	138.43	140.61	146.64	119.27	120.46	119.23
Total Common Equity	748.61	770.66	872.27	943.9	923.17	835.63
Minority Interest	203.59	207.73	205.59	222.67	207.19	182.87
Shareholders' Equity	952.19	978.4	1,078	1,167	1,130	1,019
Total Liabilities & Equity	5,642	5,696	5,903	5,738	4,856	3,503
Total Debt	3,838	3,671	3,559	3,208	2,762	1,985
Net Cash (Debt)	-3,547	-3,347	-3,108	-2,937	-2,567	-1,750
Net Cash Per Share	-17.73	-16.73	-15.54	-14.68	-12.84	-8.75
Filing Date Shares Outstanding	200	200	200	200	200	200
Total Common Shares Outstanding	200	200	200	200	200	200
Working Capital	-425.21	-592.7	-719.1	-896.61	-630.57	-75.58
Book Value Per Share	3.74	3.85	4.36	4.72	4.62	4.18
Tangible Book Value	746.68	768.85	872.04	943.63	922.88	835.3
Tangible Book Value Per Share	3.73	3.84	4.36	4.72	4.61	4.18
Buildings	-	1,358	1,357	1,323	428.8	419.29
Machinery	-	637.77	609.42	596.87	341.15	337.36
Construction In Progress	-	396.99	283.05	305.47	3,183	2,110

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