FRA:HUP1 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
Period Ending	Sep '25 Sep 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
Cash & Equivalents	23,358	19,932	16,850	17,176	16,350	13,872
Trading Asset Securities	-	-	2.26	6.69	-	-
Accounts Receivable	48,220	49,171	48,152	43,485	44,496	38,724
Other Receivables	4,634	3,502	3,036	2,733	3,527	2,148
Inventory	9,527	13,444	11,899	12,702	16,824	6,602
Other Current Assets	9,263	10,250	10,805	10,619	11,273	4,792
Total Current Assets	95,001	96,300	90,744	86,722	92,471	66,138
Property, Plant & Equipment	420,085	410,389	374,417	339,849	324,456	302,095
Goodwill	11,938	11,523	11,644	11,519	11,235	11,697
Other Intangible Assets	19,502	18,211	15,682	14,699	14,189	14,091
Long-Term Investments	26,219	25,236	23,328	24,607	23,681	22,890
Long-Term Deferred Tax Assets	2,546	3,256	4,402	6,322	5,504	2,997
Long-Term Deferred Charges	369.52	324.98	309.52	264.95	267.99	127.21
Long-Term Accounts Receivable	-	-	-	-	-	9,432
Other Long-Term Assets	20,538	21,603	20,632	18,623	18,543	8,741
Total Assets	596,199	586,843	541,159	502,606	490,347	438,206
Accounts Payable	18,974	19,175	22,563	24,368	25,774	15,778
Accrued Expenses	3,168	2,302	2,264	2,246	2,656	2,555
Short-Term Debt	67,591	69,183	63,343	89,886	100,119	71,314
Current Portion of Long-Term Debt	35,929	40,401	32,906	19,860	24,406	32,508
Current Unearned Revenue	839.45	3,529	3,380	3,349	3,275	2,903
Current Portion of Leases	-	643.43	1,268	1,009	781.47	1,674
Current Income Taxes Payable	2,720	872.06	940.31	331.93	227.88	288.11
Other Current Liabilities	35,601	42,633	37,335	30,283	29,159	27,028
Total Current Liabilities	164,823	178,738	163,999	171,333	186,398	154,048
Long-Term Debt	197,343	189,087	190,416	190,743	166,348	132,620
Long-Term Leases	8,048	6,684	6,233	5,408	6,105	3,774
Long-Term Unearned Revenue	1,581	1,455	1,961	2,112	2,587	1,940
Pension & Post-Retirement Benefits	-	-	-	-	44.24	-
Long-Term Deferred Tax Liabilities	1,720	1,712	1,284	1,087	900.88	977.81
Other Long-Term Liabilities	6,732	6,120	5,903	5,379	3,794	3,370
Total Liabilities	380,248	383,795	369,797	376,062	366,176	296,730
Common Stock	15,698	15,698	15,698	15,698	15,698	15,698
Additional Paid-In Capital	16,830	16,520	16,501	16,608	17,643	18,552
Retained Earnings	33,291	24,796	20,424	14,889	24,479	39,435
Comprehensive Income & Other	81,205	80,401	79,516	61,340	47,715	48,014
Total Common Equity	147,023	137,415	132,139	108,535	105,535	121,699
Minority Interest	68,927	65,633	39,224	18,009	18,635	19,777
Shareholders' Equity	215,951	203,048	171,363	126,544	124,170	141,475
Total Liabilities & Equity	596,199	586,843	541,159	502,606	490,347	438,206
Total Debt	308,912	305,998	294,166	306,906	297,759	241,890
Net Cash (Debt)	-285,554	-286,065	-277,314	-289,724	-281,409	-228,019
Net Cash Per Share	-19.42	-18.22	-17.67	-18.46	-17.93	-14.53
Filing Date Shares Outstanding	15,698	15,698	15,698	15,698	15,698	15,698
Total Common Shares Outstanding	15,698	15,698	15,698	15,698	15,698	15,698
Working Capital	-69,822	-82,438	-73,255	-84,611	-93,927	-87,910
Book Value Per Share	4.26	3.65	3.35	2.96	3.64	4.67
Tangible Book Value	115,583	107,680	104,813	82,317	80,111	95,911
Tangible Book Value Per Share	2.26	1.75	1.60	1.29	2.02	3.03
Buildings	-	15,243	14,633	15,505	14,995	12,759
Construction In Progress	-	71,844	57,790	43,128	50,120	51,580

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