Hubei Heyuan Gas Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	241.94	208.42	397.33	241.99	234.39	316.83
Cash & Short-Term Investments	241.94	208.42	397.33	241.99	234.39	316.83
Cash Growth	-34.98%	-47.55%	64.19%	3.24%	-26.02%	10.33%
Accounts Receivable	425.92	377.17	296.91	323.79	290.13	379.64
Other Receivables	40.39	24.68	11.82	36.31	25.51	30.58
Receivables	466.31	401.85	308.73	360.1	315.64	410.22
Inventory	69.86	64.71	73	60.93	36.84	30.14
Prepaid Expenses	-	0.99	5.76	1.51	-	0.52
Other Current Assets	164.27	144.81	196.62	265.02	140.32	90.65
Total Current Assets	942.37	820.78	981.43	929.56	727.18	848.37
Property, Plant & Equipment	5,075	4,831	4,094	2,755	1,797	1,338
Long-Term Investments	171.52	171.52	156.25	54.66	54.3	14.18
Goodwill	10.14	10.14	10.14	10.14	10.14	10.14
Other Intangible Assets	298.8	304.15	284.49	98.77	85.34	41.92
Long-Term Deferred Tax Assets	27.39	26.56	18.11	9.42	10.03	7.45
Long-Term Deferred Charges	48.97	50.61	65.33	57.23	49.04	29.16
Other Long-Term Assets	155.8	144.4	113.43	159.63	206.7	42.15
Total Assets	6,730	6,359	5,723	4,075	2,940	2,332
Accounts Payable	534.44	537.07	379.55	388.73	136.3	120.27
Accrued Expenses	13.82	23.75	19.03	17.38	17.93	12.45
Short-Term Debt	989.05	1,021	676.6	450.5	636.58	564
Current Portion of Long-Term Debt	1,040	235.87	184.27	118.3	18	57.56
Current Portion of Leases	-	702.98	466.99	178.22	113.18	55.27
Current Income Taxes Payable	13.17	9.24	5.9	8.55	14.38	4.39
Current Unearned Revenue	50.3	22.35	12.23	20.72	14.19	6.31
Other Current Liabilities	205.13	153.04	114.23	102.67	80.18	145.82
Total Current Liabilities	2,846	2,705	1,859	1,285	1,031	966.06
Long-Term Debt	303.55	297.37	224.47	292.21	111.08	13.8
Long-Term Leases	1,417	1,543	1,870	1,172	582.5	203.79
Long-Term Unearned Revenue	49.13	49.82	33.33	17.94	6.31	3.96
Long-Term Deferred Tax Liabilities	0.69	0.69	0.83	5.76	3.18	0.49
Total Liabilities	4,616	4,595	3,987	2,773	1,734	1,188
Common Stock	211.76	211.76	211.24	160	160	160
Additional Paid-In Capital	897.81	698.17	693.39	489.66	489.66	489.66
Retained Earnings	727.28	709.24	690.51	633.34	549.57	491.25
Treasury Stock	-43.29	-43.29	-37.4	-	-	-
Comprehensive Income & Other	13.85	13.61	8.52	9.33	3.79	2.85
Total Common Equity	1,807	1,589	1,566	1,292	1,203	1,144
Minority Interest	305.8	173.73	169.71	9.05	3	-
Shareholders' Equity	2,113	1,763	1,736	1,301	1,206	1,144
Total Liabilities & Equity	6,730	6,359	5,723	4,075	2,940	2,332
Total Debt	3,750	3,800	3,422	2,211	1,461	894.41
Net Cash (Debt)	-3,508	-3,591	-3,025	-1,969	-1,227	-577.58
Net Cash Per Share	-17.06	-17.26	-14.47	-9.40	-5.96	-2.76
Filing Date Shares Outstanding	211.76	211.76	211.24	208	208	208
Total Common Shares Outstanding	211.76	211.76	211.24	208	208	208
Working Capital	-1,904	-1,884	-877.36	-355.49	-303.55	-117.69
Book Value Per Share	8.54	7.51	7.41	6.21	5.78	5.50
Tangible Book Value	1,498	1,275	1,272	1,183	1,108	1,092
Tangible Book Value Per Share	7.08	6.02	6.02	5.69	5.32	5.25
Buildings	-	537.06	378.6	169.42	169.43	110.29
Machinery	-	2,071	2,020	1,429	1,481	1,073
Construction In Progress	-	2,842	2,172	1,515	462.17	400.39

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