TL Natural Gas Holdings 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	31	29.44	28.38	33.8	29.65
Short-Term Investments	-	4.87	5.8	2.39	3.46
Cash & Short-Term Investments	31	34.31	34.17	36.19	33.1
Cash Growth	-9.64%	0.40%	-5.58%	9.33%	216.07%
Accounts Receivable	1.8	1.8	3.02	4.72	6.03
Other Receivables	-	2.51	2.55	-	-
Receivables	1.8	4.31	5.57	4.72	6.51
Inventory	0.1	0.09	0.13	0.22	0.01
Prepaid Expenses	-	-	-	5.49	5.06
Other Current Assets	10.87	3.49	4.31	3.62	2.92
Total Current Assets	43.76	42.2	44.19	50.23	47.59
Property, Plant & Equipment	14.69	17.19	21.69	25.88	28.89
Other Intangible Assets	0.05	0.06	0.03	0.02	1.44
Long-Term Deferred Tax Assets	0.24	-	0.51	1.9	1.83
Other Long-Term Assets	1.63	2.75	2.75	17.29	17.86
Total Assets	60.36	62.2	69.16	95.32	97.61
Accounts Payable	0.17	0.12	0.02	0.36	-
Accrued Expenses	2.74	3.15	3.41	3.48	2.92
Current Portion of Leases	0.73	0.41	0.99	0.93	0.97
Current Income Taxes Payable	-	2.87	2.87	2.87	2.87
Current Unearned Revenue	-	1.06	1.26	1.09	0.5
Other Current Liabilities	5.54	0.72	0.52	1.65	3.3
Total Current Liabilities	9.18	8.32	9.06	10.37	10.56
Long-Term Leases	0.59	0.58	0.81	2.86	2.78
Total Liabilities	9.77	8.9	9.88	13.24	13.34
Common Stock	7.28	6.21	5.99	5.99	5.99
Additional Paid-In Capital	-	83.83	80.56	80.56	80.56
Retained Earnings	-	-62.72	-53.04	-30.01	-26.94
Comprehensive Income & Other	43.31	25.98	26.58	26.11	24.66
Total Common Equity	50.59	53.3	60.09	82.65	84.27
Minority Interest	-	-	-0.81	-0.57	-
Shareholders' Equity	50.59	53.3	59.29	82.08	84.27
Total Liabilities & Equity	60.36	62.2	69.16	95.32	97.61
Total Debt	1.32	0.99	1.81	3.79	3.75
Net Cash (Debt)	29.68	33.32	32.37	32.4	29.35
Net Cash Growth	-10.90%	2.94%	-0.12%	10.40%	-
Net Cash Per Share	0.15	0.18	0.18	0.18	0.17
Filing Date Shares Outstanding	198.08	183.2	177.26	177.26	177.26
Total Common Shares Outstanding	198.08	183.2	177.26	177.26	177.26
Working Capital	34.58	33.88	35.13	39.86	37.03
Book Value Per Share	0.26	0.29	0.34	0.47	0.48
Tangible Book Value	50.54	53.24	60.07	82.64	82.83
Tangible Book Value Per Share	0.26	0.29	0.34	0.47	0.47
Buildings	-	24.03	24.03	24.66	25.79
Machinery	-	24.94	24.96	24.47	25.39
Leasehold Improvements	-	0.84	0.84	0.17	0.17

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