Asiaray Media Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	185.09	215.33	367.24	333.32	315.63	318.72
Trading Asset Securities	-	-	0.89	-	-	-
Cash & Short-Term Investments	185.09	215.33	368.13	333.32	315.63	318.72
Cash Growth	-29.57%	-41.51%	10.44%	5.61%	-0.97%	-14.18%
Accounts Receivable	287.81	310.72	466	535.81	547.68	500.4
Other Receivables	167.94	192.27	191.14	187.61	310.14	238.24
Receivables	455.75	502.99	657.14	723.42	857.82	738.64
Inventory	73.78	68.39	43.2	22.9	8.5	3.38
Prepaid Expenses	78.4	71.06	98.28	63.36	76.71	112.82
Restricted Cash	15.08	17.14	23.54	31.8	26.88	28.42
Total Current Assets	808.11	874.91	1,190	1,175	1,286	1,202
Property, Plant & Equipment	652.26	837.38	1,312	1,576	3,831	2,984
Long-Term Investments	72.43	74.15	69.29	90.75	71.27	55.36
Goodwill	-	2.49	2.43	2.4	2.2	2.26
Other Intangible Assets	9.1	7.34	9.01	10.91	11.83	13.9
Long-Term Deferred Tax Assets	120.11	127.09	197.03	193.54	187.46	165.85
Other Long-Term Assets	127.98	130.6	97.25	104.38	63.61	20.26
Total Assets	1,790	2,054	2,878	3,153	5,453	4,444
Accounts Payable	171.39	200.23	113.99	123.17	100.92	81.12
Accrued Expenses	94.21	66.87	91.13	162.54	132.07	117.32
Short-Term Debt	-	-	-	-	126.25	186.09
Current Portion of Long-Term Debt	220.52	251.76	269.75	146.35	0.75	1
Current Portion of Leases	421.86	499.57	836.24	929.15	1,173	909.25
Current Income Taxes Payable	1.36	0.68	2.14	5.68	5.41	11.66
Current Unearned Revenue	117.78	85.85	78.66	98.2	126.85	107.27
Other Current Liabilities	68.83	75.16	48.7	63.25	55.19	53.57
Total Current Liabilities	1,096	1,180	1,441	1,528	1,720	1,467
Long-Term Debt	102.97	103.66	147.19	177.41	131.02	67.9
Long-Term Leases	323.22	508.18	1,041	1,173	3,223	2,591
Long-Term Deferred Tax Liabilities	1.21	1.37	1.32	1.83	1.91	1.96
Total Liabilities	1,523	1,793	2,630	2,881	5,076	4,128
Common Stock	38.95	38.95	38.95	38.14	38.14	40.05
Additional Paid-In Capital	302.02	302.02	302.02	292.75	292.75	320.49
Retained Earnings	-518.14	-514.47	-451.07	-420.05	-293.67	-128.86
Treasury Stock	-15.52	-15.91	-17.38	-15.62	-15.93	-14.6
Comprehensive Income & Other	263.8	266.8	254.14	244.04	243.73	31.33
Total Common Equity	71.12	77.39	126.67	139.25	265.01	248.42
Minority Interest	195.52	183.25	120.72	132.9	111.94	67.14
Shareholders' Equity	266.64	260.63	247.38	272.15	376.96	315.56
Total Liabilities & Equity	1,790	2,054	2,878	3,153	5,453	4,444
Total Debt	1,069	1,363	2,294	2,426	4,654	3,755
Net Cash (Debt)	-883.47	-1,148	-1,926	-2,093	-4,338	-3,437
Net Cash Per Share	-1.85	-2.41	-4.06	-4.47	-9.25	-7.33
Filing Date Shares Outstanding	476.93	476.49	478.55	471.05	468.55	468.92
Total Common Shares Outstanding	476.93	476.49	478.55	471.05	468.55	468.92
Working Capital	-287.83	-305.21	-250.31	-353.54	-434.57	-265.3
Book Value Per Share	-0.36	-0.34	-0.24	-0.22	0.09	0.40
Tangible Book Value	62.02	67.56	115.22	125.95	250.99	232.25
Tangible Book Value Per Share	-0.38	-0.36	-0.26	-0.24	0.06	0.37
Buildings	-	52.7	87.5	86.62	81.94	26.41
Machinery	-	415.02	387.16	383.16	333.19	287.66
Leasehold Improvements	-	25.02	21.42	22.99	18.73	17.74

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