JiaXing Gas 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	595.78	297.37	343.22	220.69	258.66
Short-Term Investments	152.07	2.7	-	58.6	60
Trading Asset Securities	2.47	2.81	1.29	2.77	9.89
Accounts Receivable	226.68	368.74	249.91	217.26	152.73
Inventory	118.68	174.1	17.51	56.39	60.57
Restricted Cash	-	90.23	155.79	12.5	14.86
Other Current Assets	235.11	166.1	115.93	63.78	32.71
Total Current Assets	1,331	1,102	883.64	631.99	589.43
Property, Plant & Equipment	967.42	807.72	788.74	708.26	620.34
Goodwill	0.04	0.04	0.04	0.04	-
Other Intangible Assets	4.46	4.6	4.32	3.84	4.5
Long-Term Investments	854.76	709.05	653.04	391.52	387.75
Long-Term Deferred Tax Assets	136.39	124.55	125.1	127.62	134.23
Other Long-Term Assets	228.12	235.86	199.85	213.56	227.48
Total Assets	3,522	2,984	2,655	2,077	1,964
Accounts Payable	849.01	729.38	494.14	305.54	242.9
Accrued Expenses	-	11.62	31.03	13.39	11.78
Current Portion of Long-Term Debt	29.38	212.44	24.44	34.44	20.72
Current Unearned Revenue	123.46	116.82	118.67	100.13	94.84
Current Portion of Leases	20.64	18.1	10.54	13.67	11.76
Current Income Taxes Payable	5.69	14.7	3.32	6.55	6.07
Other Current Liabilities	58.5	92.79	262.35	51.83	47.05
Total Current Liabilities	1,087	1,196	944.48	525.54	435.13
Long-Term Debt	615.26	140.46	164.9	189.34	223.78
Long-Term Leases	133.02	141.17	150.77	146.24	144.86
Long-Term Unearned Revenue	372.43	320.76	326.12	338.11	344.08
Long-Term Deferred Tax Liabilities	25.2	0.02	0.05	0.09	-
Total Liabilities	2,233	1,798	1,586	1,199	1,148
Common Stock	137.85	137.85	137.85	137.85	137.85
Retained Earnings	-	702.09	598.9	418.3	369.78
Comprehensive Income & Other	1,089	290.77	288.82	285.54	285.52
Total Common Equity	1,227	1,131	1,026	841.68	793.14
Minority Interest	62.61	54.89	42.85	35.83	22.74
Shareholders' Equity	1,289	1,186	1,068	877.51	815.88
Total Liabilities & Equity	3,522	2,984	2,655	2,077	1,964
Total Debt	798.3	512.17	350.65	383.69	401.12
Net Cash (Debt)	-47.99	-209.29	-6.15	-101.63	-72.56
Net Cash Per Share	-0.35	-1.52	-0.04	-0.74	-0.53
Filing Date Shares Outstanding	137.84	137.84	137.84	137.84	137.84
Total Common Shares Outstanding	137.84	137.84	137.84	137.84	137.84
Working Capital	244.12	-93.8	-60.85	106.45	154.3
Book Value Per Share	8.90	8.20	7.44	6.11	5.75
Tangible Book Value	1,222	1,126	1,021	837.81	788.65
Tangible Book Value Per Share	8.87	8.17	7.41	6.08	5.72
Buildings	-	130.24	161.28	119.95	100.33
Machinery	-	274.95	238.66	211.16	188.59
Construction In Progress	-	32.65	55.3	49.58	37.4

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