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	675.81	711.88	871.76	479.36	309.53
Short-Term Investments	83.66	76	63.91	-	-
Trading Asset Securities	159.24	130.52	67.38	19.17	59.21
Cash & Short-Term Investments	918.7	918.4	1,003	498.53	368.74
Cash Growth	0.03%	-8.44%	101.20%	35.20%	-40.24%
Accounts Receivable	434.04	420.91	420.32	401.38	331.69
Other Receivables	18.56	29.55	16.65	21.24	18.54
Receivables	452.6	450.46	436.98	422.62	350.23
Inventory	206.05	181.86	191.84	249	234.57
Prepaid Expenses	3.66	5.04	5.94	3.07	3.12
Other Current Assets	128.39	97.79	84.3	73.75	70.22
Total Current Assets	1,709	1,654	1,722	1,247	1,027
Property, Plant & Equipment	1,314	1,147	951.28	781.89	469.35
Long-Term Investments	89.08	90.94	62.42	46.59	78.93
Goodwill	160.43	128.73	127.48	127.48	72.57
Other Intangible Assets	143.57	99.7	68.19	60	50.21
Long-Term Accounts Receivable	5.76	6.39	7.81	0.17	0.19
Long-Term Deferred Tax Assets	31.62	30.19	28.48	28.69	10.9
Long-Term Deferred Charges	120.64	91.85	96.19	6.62	4.84
Other Long-Term Assets	8.02	53.11	98.38	111.5	51.32
Total Assets	3,583	3,301	3,162	2,410	1,765
Accounts Payable	142.03	127.12	94.64	170.86	90.27
Accrued Expenses	49.78	45.7	47.11	53.25	39.95
Short-Term Debt	50.04	-	-	20.02	40.05
Current Portion of Long-Term Debt	74.05	106.22	40.2	31.5	2
Current Portion of Leases	9.5	10.73	9.78	9.7	7.24
Current Income Taxes Payable	16.36	16.52	16.75	16.48	5.35
Current Unearned Revenue	28.43	24	35.64	28.09	28.79
Other Current Liabilities	183.63	157.88	181.26	157.21	65.31
Total Current Liabilities	553.81	488.17	425.37	487.12	278.96
Long-Term Debt	830.64	674.65	733.17	201.5	28.04
Long-Term Leases	84.22	92.16	94.49	97.41	60.53
Long-Term Unearned Revenue	16.1	10.72	10.43	7.28	4.14
Long-Term Deferred Tax Liabilities	33.21	29.43	27.98	29.56	6.24
Other Long-Term Liabilities	0.01	0.33	0.71	0.75	1.22
Total Liabilities	1,518	1,295	1,292	823.62	379.11
Common Stock	120.3	120.39	120.48	120.28	120
Additional Paid-In Capital	778.81	784.62	788.95	791.53	766.34
Retained Earnings	950.82	887.24	762.3	639.08	474.09
Treasury Stock	-49.7	-53.05	-52.33	-40.01	-
Comprehensive Income & Other	212.65	210.68	205.49	31.58	21.65
Total Common Equity	2,013	1,950	1,825	1,542	1,382
Minority Interest	51.88	55.8	45.29	43.83	4
Shareholders' Equity	2,065	2,006	1,870	1,586	1,386
Total Liabilities & Equity	3,583	3,301	3,162	2,410	1,765
Total Debt	1,048	883.77	877.65	360.13	137.85
Net Cash (Debt)	-129.74	34.64	125.41	138.4	230.89
Net Cash Growth	-	-72.38%	-9.39%	-40.06%	-61.97%
Net Cash Per Share	-1.08	0.29	1.05	1.15	1.93
Filing Date Shares Outstanding	119.61	119.69	119.88	119.7	120
Total Common Shares Outstanding	119.61	119.69	119.62	119.7	120
Working Capital	1,156	1,165	1,297	759.86	747.92
Book Value Per Share	16.83	16.29	15.26	12.89	11.52
Tangible Book Value	1,709	1,721	1,629	1,355	1,259
Tangible Book Value Per Share	14.29	14.38	13.62	11.32	10.49
Buildings	311.15	272.37	230.28	213.92	127.39
Machinery	1,340	878.68	758.98	651.4	512.58
Construction In Progress	172.02	405.24	310.63	196.88	33.27

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