Huayu Expressway Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	126.81	185.76	313.72	205.66	271.91
Trading Asset Securities	-	-	14.24	11.01	-
Cash & Short-Term Investments	126.81	185.76	327.96	216.67	271.91
Cash Growth	-31.73%	-43.36%	51.36%	-20.32%	30.98%
Accounts Receivable	1.25	4.99	2.86	1.01	10.1
Other Receivables	102.55	83.6	45.26	29.05	48.26
Receivables	103.8	88.59	48.12	30.06	58.36
Inventory	401.79	390.61	256.63	159.93	81.76
Prepaid Expenses	43.27	48.15	23.27	47.89	-
Other Current Assets	12.85	0.55	64.03	1,252	115.72
Total Current Assets	688.53	713.65	720.01	1,707	527.75
Property, Plant & Equipment	536.64	428.97	211.16	7.09	29.65
Long-Term Investments	146.66	163.58	180.56	125.88	34.07
Other Intangible Assets	19.48	49.13	80.2	115.09	1,203
Long-Term Deferred Tax Assets	0.28	0.27	0.16	1.38	114.02
Other Long-Term Assets	34.15	57.21	57.13	-	-
Total Assets	1,426	1,413	1,249	1,956	1,908
Accounts Payable	-	50.03	7.13	9.34	44.86
Accrued Expenses	63.89	7.66	9.3	8.91	17.38
Short-Term Debt	-	128.12	-	50	30
Current Portion of Long-Term Debt	111.41	17	-	91.09	80
Current Portion of Leases	1.23	2.39	0.9	1.39	1.47
Current Income Taxes Payable	2.46	5.78	13.77	1.98	8.45
Current Unearned Revenue	12.02	12.61	77.55	37.94	25.31
Other Current Liabilities	14.06	10.78	16	952.01	19.67
Total Current Liabilities	205.07	234.37	124.65	1,153	227.13
Long-Term Debt	182.76	99.47	-	-	961.3
Long-Term Leases	0.6	0.54	0.56	0.26	1.51
Total Liabilities	388.43	334.38	125.21	1,153	1,190
Common Stock	3.63	3.63	3.63	3.63	3.63
Additional Paid-In Capital	-	51.49	51.49	51.49	51.49
Retained Earnings	-	29.59	83.67	-201.99	-279.79
Comprehensive Income & Other	710.47	666.44	665.03	665.04	696.26
Total Common Equity	714.1	751.15	803.83	518.17	471.59
Minority Interest	323.2	327.28	320.2	284.86	246.49
Shareholders' Equity	1,037	1,078	1,124	803.03	718.08
Total Liabilities & Equity	1,426	1,413	1,249	1,956	1,908
Total Debt	296	247.52	1.46	142.74	1,074
Net Cash (Debt)	-169.19	-61.77	326.5	73.93	-802.37
Net Cash Growth	-	-	341.64%	-	-
Net Cash Per Share	-0.41	-0.15	0.79	0.18	-1.94
Filing Date Shares Outstanding	412.61	412.61	412.61	412.61	412.61
Total Common Shares Outstanding	412.61	412.61	412.61	412.61	412.61
Working Capital	483.46	479.27	595.37	553.84	300.62
Book Value Per Share	1.73	1.82	1.95	1.26	1.14
Tangible Book Value	694.63	702.01	723.63	403.08	-730.95
Tangible Book Value Per Share	1.68	1.70	1.75	0.98	-1.77
Land	-	182.31	177.3	-	-
Machinery	-	15.3	13.69	10.85	59.96
Construction In Progress	-	242.51	26.41	-	-

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