Huzhou Gas 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	309.43	828.52	857.58	1,080	588.67
Short-Term Investments	203.45	30.1	0.2	0.39	4.64
Trading Asset Securities	-	-	-	-	150
Accounts Receivable	64.38	64.32	86.26	74.24	89.73
Other Receivables	-	0.14	0.94	1.71	1
Inventory	14.68	14.87	15.98	29.25	29.35
Other Current Assets	30.22	30.03	43.77	33.33	31.21
Total Current Assets	622.15	967.99	1,005	1,219	894.61
Property, Plant & Equipment	1,188	1,118	1,075	945.03	862.61
Goodwill	28.51	28.51	28.51	28.51	28.51
Other Intangible Assets	62.02	69.43	76.87	84.34	91.71
Long-Term Investments	318.64	11.99	9.72	5.58	8.55
Long-Term Deferred Tax Assets	20.19	10.08	1.43	1.66	1.37
Long-Term Accounts Receivable	3.63	3.7	4.17	3.56	3.61
Other Long-Term Assets	0.93	0.24	1.3	11.54	1.95
Total Assets	2,244	2,210	2,202	2,299	1,893
Accounts Payable	151.18	163.68	141.89	111.61	141.05
Accrued Expenses	-	79.22	79.73	69.41	77.31
Current Portion of Long-Term Debt	0.9	0.3	-	-	-
Current Unearned Revenue	299.76	308.71	349.69	302.74	303.07
Current Portion of Leases	1.3	1.02	0.56	0.7	0.54
Current Income Taxes Payable	25.61	31.45	34.52	26.42	40.52
Other Current Liabilities	113.63	22.88	44.38	356.06	166.75
Total Current Liabilities	592.38	607.26	650.77	866.94	729.23
Long-Term Debt	21.8	14.55	-	-	-
Long-Term Leases	25.38	23.81	18.9	8.06	0.57
Long-Term Unearned Revenue	191.05	198.03	151.23	128.47	106.64
Long-Term Deferred Tax Liabilities	16.8	21.65	37.34	40.62	38.71
Other Long-Term Liabilities	24.02	9.38	65.64	57.44	-
Total Liabilities	871.43	874.68	923.88	1,102	875.15
Common Stock	202.72	202.72	202.72	202.72	150
Additional Paid-In Capital	-	730	730	730	523.76
Retained Earnings	-	236.9	179.92	129.89	201.88
Comprehensive Income & Other	1,069	68.54	68.51	68.4	68.28
Total Common Equity	1,272	1,238	1,181	1,131	943.92
Minority Interest	100.97	97.07	96.65	66.3	73.83
Shareholders' Equity	1,373	1,335	1,278	1,197	1,018
Total Liabilities & Equity	2,244	2,210	2,202	2,299	1,893
Total Debt	49.37	39.68	19.46	8.76	1.11
Net Cash (Debt)	463.51	818.95	838.32	1,071	742.21
Net Cash Growth	-43.40%	-2.31%	-21.75%	44.34%	33.91%
Net Cash Per Share	2.29	4.04	4.14	6.13	4.95
Filing Date Shares Outstanding	202.71	202.71	202.71	202.71	150
Total Common Shares Outstanding	202.71	202.71	202.71	202.71	150
Working Capital	29.78	360.73	353.95	351.68	165.37
Book Value Per Share	6.27	6.11	5.83	5.58	6.29
Tangible Book Value	1,181	1,140	1,076	1,018	823.71
Tangible Book Value Per Share	5.83	5.62	5.31	5.02	5.49
Buildings	-	101.32	90.41	89.63	64.16
Machinery	-	1,267	1,170	161.82	76.7
Construction In Progress	-	80.05	99.24	42.2	79.34

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