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	204.59	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	1.49	0.14	0.94	1.71	1
Inventory	14.68	14.87	15.98	29.25	29.35
Other Current Assets	27.59	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	124.19	127.74	141.89	111.61	141.05
Accrued Expenses	76.12	79.22	79.73	69.41	77.31
Current Portion of Long-Term Debt	0.9	0.3	-	-	-
Current Unearned Revenue	318.03	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	46.24	58.82	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	210.74	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	4.33	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	730	523.76
Retained Earnings	269.83	236.9	179.92	129.89	201.88
Comprehensive Income & Other	69.46	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)	464.65	818.95	838.32	1,071	742.21
Net Cash Growth	-43.26%	-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	142.01	101.32	90.41	89.63	64.16
Machinery	1,390	1,267	1,170	161.82	76.7
Construction In Progress	38.08	80.05	99.24	42.2	79.34

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