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	Sep '26 Sep 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	664.54	675.81	711.88	871.76	479.36	309.53
Short-Term Investments	-	83.66	76	63.91	-	-
Trading Asset Securities	146.54	159.24	130.52	67.38	19.17	59.21
Cash & Short-Term Investments	811.09	918.7	918.4	1,003	498.53	368.74
Cash Growth	-7.61%	0.03%	-8.44%	101.20%	35.20%	-40.24%
Accounts Receivable	505.8	434.04	420.91	420.32	401.38	331.69
Other Receivables	36.73	18.56	29.55	16.65	21.24	18.54
Receivables	542.53	452.6	450.46	436.98	422.62	350.23
Inventory	224.61	206.05	181.86	191.84	249	234.57
Prepaid Expenses	-	3.66	5.04	5.94	3.07	3.12
Other Current Assets	238.88	128.39	97.79	84.3	73.75	70.22
Total Current Assets	1,817	1,709	1,654	1,722	1,247	1,027
Property, Plant & Equipment	1,356	1,314	1,147	951.28	781.89	469.35
Long-Term Investments	90.36	89.08	90.94	62.42	46.59	78.93
Goodwill	177.45	160.43	128.73	127.48	127.48	72.57
Other Intangible Assets	143.63	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	40.01	31.62	30.19	28.48	28.69	10.9
Long-Term Deferred Charges	116.22	120.64	91.85	96.19	6.62	4.84
Other Long-Term Assets	26.12	8.02	53.11	98.38	111.5	51.32
Total Assets	3,767	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	Sep '26 Sep 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	191.53	142.03	127.12	94.64	170.86	90.27
Accrued Expenses	25.62	49.78	45.7	47.11	53.25	39.95
Short-Term Debt	45.02	50.04	-	-	20.02	40.05
Current Portion of Long-Term Debt	116.4	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	36.55	16.36	16.52	16.75	16.48	5.35
Current Unearned Revenue	38.01	28.43	24	35.64	28.09	28.79
Other Current Liabilities	183.78	183.63	157.88	181.26	157.21	65.31
Total Current Liabilities	636.93	553.81	488.17	425.37	487.12	278.96
Long-Term Debt	223.15	830.64	674.65	733.17	201.5	28.04
Long-Term Leases	127.34	84.22	92.16	94.49	97.41	60.53
Long-Term Unearned Revenue	22.22	16.1	10.72	10.43	7.28	4.14
Long-Term Deferred Tax Liabilities	37.8	33.21	29.43	27.98	29.56	6.24
Other Long-Term Liabilities	0.04	0.01	0.33	0.71	0.75	1.22
Total Liabilities	1,047	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	Sep '26 Sep 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	1,054	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	32.16	212.65	210.68	205.49	31.58	21.65
Total Common Equity	2,669	2,013	1,950	1,825	1,542	1,382
Minority Interest	50.35	51.88	55.8	45.29	43.83	4
Shareholders' Equity	2,719	2,065	2,006	1,870	1,586	1,386
Total Liabilities & Equity	3,767	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	Sep '26 Sep 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	511.92	1,048	883.77	877.65	360.13	137.85
Net Cash (Debt)	299.16	-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	2.45	-1.08	0.29	1.05	1.15	1.93
Filing Date Shares Outstanding	130.91	119.61	119.69	119.88	119.7	120
Total Common Shares Outstanding	130.91	119.61	119.69	119.62	119.7	120
Working Capital	1,180	1,156	1,165	1,297	759.86	747.92
Book Value Per Share	20.39	16.83	16.29	15.26	12.89	11.52
Tangible Book Value	2,348	1,709	1,721	1,629	1,355	1,259
Tangible Book Value Per Share	17.93	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