JiaXing Gas Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	404.81	297.37	343.22	220.69	258.66	342.32
Short-Term Investments	99.89	2.7	-	58.6	60	-
Trading Asset Securities	2.45	2.81	1.29	2.77	9.89	10.73
Accounts Receivable	204.43	368.74	249.91	217.26	152.73	105.51
Inventory	145.99	174.1	17.51	56.39	60.57	8.18
Restricted Cash	-	90.23	155.79	12.5	14.86	2.03
Other Current Assets	180.96	166.1	115.93	63.78	32.71	21.83
Total Current Assets	1,039	1,102	883.64	631.99	589.43	490.59
Property, Plant & Equipment	916.46	807.72	788.74	708.26	620.34	601.61
Goodwill	0.04	0.04	0.04	0.04	-	-
Other Intangible Assets	4.46	4.6	4.32	3.84	4.5	4.31
Long-Term Investments	815.92	709.05	653.04	391.52	387.75	243.74
Long-Term Deferred Tax Assets	122.97	124.55	125.1	127.62	134.23	148.37
Other Long-Term Assets	229.91	235.86	199.85	213.56	227.48	226.4
Total Assets	3,128	2,984	2,655	2,077	1,964	1,715
Accounts Payable	644.04	729.38	494.14	305.54	242.9	137.59
Accrued Expenses	-	11.62	31.03	13.39	11.78	20.73
Current Portion of Long-Term Debt	27.29	212.44	24.44	34.44	20.72	-
Current Unearned Revenue	114	116.82	118.67	100.13	94.84	110.57
Current Portion of Leases	20.01	18.1	10.54	13.67	11.76	11.01
Current Income Taxes Payable	6.74	14.7	3.32	6.55	6.07	8.97
Other Current Liabilities	39.77	92.79	262.35	51.83	47.05	40.43
Total Current Liabilities	851.84	1,196	944.48	525.54	435.13	329.3
Long-Term Debt	576.39	140.46	164.9	189.34	223.78	114.5
Long-Term Leases	144.62	141.17	150.77	146.24	144.86	152.56
Long-Term Unearned Revenue	313.99	320.76	326.12	338.11	344.08	364.23
Long-Term Deferred Tax Liabilities	13.83	0.02	0.05	0.09	-	-
Total Liabilities	1,901	1,798	1,586	1,199	1,148	960.59
Common Stock	137.85	137.85	137.85	137.85	137.85	137.85
Retained Earnings	741.03	702.09	598.9	418.3	369.78	313.34
Comprehensive Income & Other	292.65	290.77	288.82	285.54	285.52	284.48
Total Common Equity	1,172	1,131	1,026	841.68	793.14	735.66
Minority Interest	56.08	54.89	42.85	35.83	22.74	18.77
Shareholders' Equity	1,228	1,186	1,068	877.51	815.88	754.43
Total Liabilities & Equity	3,128	2,984	2,655	2,077	1,964	1,715
Total Debt	768.31	512.17	350.65	383.69	401.12	278.07
Net Cash (Debt)	-261.16	-209.29	-6.15	-101.63	-72.56	74.98
Net Cash Per Share	-1.89	-1.52	-0.04	-0.74	-0.53	0.64
Filing Date Shares Outstanding	137.84	137.84	137.84	137.84	137.84	137.84
Total Common Shares Outstanding	137.84	137.84	137.84	137.84	137.84	137.84
Working Capital	186.68	-93.8	-60.85	106.45	154.3	161.3
Book Value Per Share	8.50	8.20	7.44	6.11	5.75	5.34
Tangible Book Value	1,167	1,126	1,021	837.81	788.65	731.35
Tangible Book Value Per Share	8.47	8.17	7.41	6.08	5.72	5.31
Buildings	-	130.24	161.28	119.95	100.33	107
Machinery	-	274.95	238.66	211.16	188.59	182.25
Construction In Progress	-	32.65	55.3	49.58	37.4	29.75

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