Guangdong Huate 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	-	711.88	871.76	479.36	309.53
Short-Term Investments	-	76	63.91	-	-
Trading Asset Securities	-	130.52	67.38	19.17	59.21
Cash & Short-Term Investments	877.88	918.4	1,003	498.53	368.74
Cash Growth	-4.41%	-8.44%	101.20%	35.20%	-40.24%
Accounts Receivable	-	420.91	420.32	401.38	331.69
Other Receivables	-	29.55	16.65	21.24	18.54
Receivables	-	450.46	436.98	422.62	350.23
Inventory	-	181.86	191.84	249	234.57
Prepaid Expenses	-	5.04	5.94	3.07	3.12
Other Current Assets	-	97.79	84.3	73.75	70.22
Total Current Assets	-	1,654	1,722	1,247	1,027
Property, Plant & Equipment	-	1,147	951.28	781.89	469.35
Long-Term Investments	-	90.94	62.42	46.59	78.93
Goodwill	-	128.73	127.48	127.48	72.57
Other Intangible Assets	-	99.7	68.19	60	50.21
Long-Term Accounts Receivable	-	6.39	7.81	0.17	0.19
Long-Term Deferred Tax Assets	-	30.19	28.48	28.69	10.9
Long-Term Deferred Charges	-	91.85	96.19	6.62	4.84
Other Long-Term Assets	-	53.11	98.38	111.5	51.32
Total Assets	-	3,301	3,162	2,410	1,765
Accounts Payable	-	127.12	94.64	170.86	90.27
Accrued Expenses	-	45.7	47.11	53.25	39.95
Short-Term Debt	-	-	-	20.02	40.05
Current Portion of Long-Term Debt	-	106.22	40.2	31.5	2
Current Portion of Leases	-	10.73	9.78	9.7	7.24
Current Income Taxes Payable	-	16.52	16.75	16.48	5.35
Current Unearned Revenue	-	24	35.64	28.09	28.79
Other Current Liabilities	-	157.88	181.26	157.21	65.31
Total Current Liabilities	-	488.17	425.37	487.12	278.96
Long-Term Debt	-	674.65	733.17	201.5	28.04
Long-Term Leases	-	92.16	94.49	97.41	60.53
Long-Term Unearned Revenue	-	10.72	10.43	7.28	4.14
Long-Term Deferred Tax Liabilities	-	29.43	27.98	29.56	6.24
Other Long-Term Liabilities	-	0.33	0.71	0.75	1.22
Total Liabilities	-	1,295	1,292	823.62	379.11
Common Stock	-	120.39	120.48	120.28	120
Additional Paid-In Capital	-	784.62	788.95	791.53	766.34
Retained Earnings	-	887.24	762.3	639.08	474.09
Treasury Stock	-	-53.05	-52.33	-40.01	-
Comprehensive Income & Other	-	210.68	205.49	31.58	21.65
Total Common Equity	2,003	1,950	1,825	1,542	1,382
Minority Interest	-	55.8	45.29	43.83	4
Shareholders' Equity	2,056	2,006	1,870	1,586	1,386
Total Liabilities & Equity	-	3,301	3,162	2,410	1,765
Total Debt	1,021	883.77	877.65	360.13	137.85
Net Cash (Debt)	-142.76	34.64	125.41	138.4	230.89
Net Cash Growth	-	-72.38%	-9.39%	-40.06%	-61.97%
Net Cash Per Share	-1.19	0.29	1.05	1.15	1.93
Filing Date Shares Outstanding	118.82	119.69	119.88	119.7	120
Total Common Shares Outstanding	118.82	119.69	119.62	119.7	120
Working Capital	-	1,165	1,297	759.86	747.92
Book Value Per Share	16.57	16.29	15.26	12.89	11.52
Tangible Book Value	1,749	1,721	1,629	1,355	1,259
Tangible Book Value Per Share	14.47	14.38	13.62	11.32	10.49
Buildings	-	272.37	230.28	213.92	127.39
Machinery	-	878.68	758.98	651.4	512.58
Construction In Progress	-	405.24	310.63	196.88	33.27

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