Guangdong Huate Gas Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	798.41	675.81	711.88	871.76	479.36	309.53
Short-Term Investments	-	83.66	76	63.91	-	-
Trading Asset Securities	45.42	159.24	130.52	67.38	19.17	59.21
Cash & Short-Term Investments	843.83	918.7	918.4	1,003	498.53	368.74
Cash Growth	-12.16%	0.03%	-8.44%	101.20%	35.20%	-40.24%
Accounts Receivable	467.58	434.04	420.91	420.32	401.38	331.69
Other Receivables	22.28	18.56	29.55	16.65	21.24	18.54
Receivables	489.86	452.6	450.46	436.98	422.62	350.23
Inventory	215.27	206.05	181.86	191.84	249	234.57
Prepaid Expenses	-	3.66	5.04	5.94	3.07	3.12
Other Current Assets	263	128.39	97.79	84.3	73.75	70.22
Total Current Assets	1,812	1,709	1,654	1,722	1,247	1,027
Property, Plant & Equipment	1,303	1,314	1,147	951.28	781.89	469.35
Long-Term Investments	92.61	89.08	90.94	62.42	46.59	78.93
Goodwill	160.43	160.43	128.73	127.48	127.48	72.57
Other Intangible Assets	140.4	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	30.77	31.62	30.19	28.48	28.69	10.9
Long-Term Deferred Charges	117.27	120.64	91.85	96.19	6.62	4.84
Other Long-Term Assets	19.25	8.02	53.11	98.38	111.5	51.32
Total Assets	3,676	3,583	3,301	3,162	2,410	1,765

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Accounts Payable	167.13	142.03	127.12	94.64	170.86	90.27
Accrued Expenses	18.37	49.78	45.7	47.11	53.25	39.95
Short-Term Debt	85.05	50.04	-	-	20.02	40.05
Current Portion of Long-Term Debt	95.63	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	32.62	16.36	16.52	16.75	16.48	5.35
Current Unearned Revenue	27.26	28.43	24	35.64	28.09	28.79
Other Current Liabilities	166.57	183.63	157.88	181.26	157.21	65.31
Total Current Liabilities	592.63	553.81	488.17	425.37	487.12	278.96
Long-Term Debt	238.57	830.64	674.65	733.17	201.5	28.04
Long-Term Leases	83.25	84.22	92.16	94.49	97.41	60.53
Long-Term Unearned Revenue	22.59	16.1	10.72	10.43	7.28	4.14
Long-Term Deferred Tax Liabilities	28.67	33.21	29.43	27.98	29.56	6.24
Other Long-Term Liabilities	0.06	0.01	0.33	0.71	0.75	1.22
Total Liabilities	965.77	1,518	1,295	1,292	823.62	379.11

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Common Stock	127.68	120.3	120.39	120.48	120.28	120
Additional Paid-In Capital	1,480	778.81	784.62	788.95	791.53	766.34
Retained Earnings	1,044	950.82	887.24	762.3	639.08	474.09
Treasury Stock	-25.01	-49.7	-53.05	-52.33	-40.01	-
Comprehensive Income & Other	33.65	212.65	210.68	205.49	31.58	21.65
Total Common Equity	2,660	2,013	1,950	1,825	1,542	1,382
Minority Interest	50.03	51.88	55.8	45.29	43.83	4
Shareholders' Equity	2,710	2,065	2,006	1,870	1,586	1,386
Total Liabilities & Equity	3,676	3,583	3,301	3,162	2,410	1,765

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Total Debt	502.5	1,048	883.77	877.65	360.13	137.85
Net Cash (Debt)	341.33	-129.74	34.64	125.41	138.4	230.89
Net Cash Growth	27448.96%	-	-72.38%	-9.39%	-40.06%	-61.97%
Net Cash Per Share	2.86	-1.08	0.29	1.05	1.15	1.93
Filing Date Shares Outstanding	117.04	119.61	119.69	119.88	119.7	120
Total Common Shares Outstanding	117.04	119.61	119.69	119.62	119.7	120
Working Capital	1,219	1,156	1,165	1,297	759.86	747.92
Book Value Per Share	22.73	16.83	16.29	15.26	12.89	11.52
Tangible Book Value	2,359	1,709	1,721	1,629	1,355	1,259
Tangible Book Value Per Share	20.16	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