The Hong Kong and China Gas Company Limited (HKG: 0003)

The Hong Kong and China Gas Company Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	8,527	8,972	13,241	10,557	7,455	7,849
Short-Term Investments	91.5	66	52.3	77.9	173.3	158.6
Trading Asset Securities	1,359	1,393	76	2.1	233.9	189.9
Accounts Receivable	3,995	4,591	4,436	4,212	3,828	3,820
Other Receivables	4,499	3,916	4,559	3,396	2,731	2,847
Inventory	2,853	2,567	3,426	3,141	2,671	2,364
Loans Receivable Current	1,896	1,129	747.4	1,019	905.9	1,166
Other Current Assets	2,867	4,001	2,174	1,783	2,159	1,736
Total Current Assets	26,086	26,634	28,711	24,188	20,157	20,129
Property, Plant & Equipment	73,060	73,417	74,632	75,160	70,936	63,808
Goodwill	-	4,036	4,881	5,104	5,081	4,914
Other Intangible Assets	4,388	427.3	459.3	503.6	381.6	377.5
Long-Term Investments	49,740	50,424	51,442	55,532	47,202	45,769
Long-Term Loans Receivable	-	137.6	676.2	742.7	935	847.1
Other Long-Term Assets	6,970	6,902	7,668	6,837	5,588	4,626
Total Assets	160,245	161,978	168,469	168,067	150,280	140,470
Accounts Payable	4,740	4,826	4,273	4,121	3,586	3,007
Short-Term Debt	372.6	3,033	263.4	189.5	486.3	943.2
Current Portion of Long-Term Debt	22,167	14,819	19,844	18,926	11,101	9,341
Current Unearned Revenue	8,531	8,719	8,583	8,895	8,531	7,310
Current Portion of Leases	105.7	126	154.2	103	104.8	111.5
Current Income Taxes Payable	1,376	1,619	1,411	931	1,188	1,165
Other Current Liabilities	7,015	7,000	8,994	5,369	4,809	4,290
Total Current Liabilities	44,308	40,142	43,523	38,534	29,806	26,168
Long-Term Debt	38,293	41,067	39,993	37,072	31,785	28,726
Long-Term Leases	230.8	292.9	274	223.3	175	226.9
Long-Term Unearned Revenue	-	866.9	867.6	889.9	839.4	734.3
Long-Term Deferred Tax Liabilities	6,743	6,924	6,927	7,225	7,059	7,181
Other Long-Term Liabilities	2,671	1,666	1,746	2,284	1,463	2,038
Total Liabilities	92,246	90,959	93,331	86,229	71,127	65,073
Common Stock	5,475	5,475	5,475	5,475	5,475	5,475
Retained Earnings	54,906	56,172	56,572	57,894	58,996	58,919
Comprensive Income & Other	-3,111	-1,794	1,565	6,442	4,672	2,200
Total Common Equity	57,269	59,853	63,612	69,811	69,143	66,594
Minority Interest	10,730	11,166	11,527	12,028	10,011	8,803
Shareholders' Equity	67,999	71,019	75,139	81,839	79,153	75,397
Total Liabilities & Equity	160,245	161,978	168,469	168,067	150,280	140,470
Total Debt	61,170	59,338	60,529	56,514	43,651	39,348
Net Cash (Debt)	-51,193	-48,906	-47,160	-45,877	-35,789	-31,151
Net Cash Per Share	-2.74	-2.62	-2.53	-2.46	-1.92	-1.67
Filing Date Shares Outstanding	18,660	18,660	18,660	18,660	18,660	18,660
Total Common Shares Outstanding	18,660	18,660	18,660	18,660	18,660	18,660
Working Capital	-18,221	-13,508	-14,812	-14,346	-9,650	-6,038
Book Value Per Share	3.07	3.21	3.28	3.61	3.58	3.44
Tangible Book Value	52,881	55,390	58,272	64,203	63,680	61,303
Tangible Book Value Per Share	2.83	2.97	3.00	3.31	3.28	3.16
Buildings	-	33,335	32,074	31,338	27,988	23,968
Machinery	-	60,987	58,108	56,890	51,231	45,459
Construction In Progress	-	10,572	11,277	11,821	12,057	11,203

Source: S&P Capital IQ. Utility template. Financial Sources.