Beijing Bashi Media 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	1,115	975.12	996.92	1,035	937.53
Cash & Short-Term Investments	1,115	975.12	996.92	1,035	937.53
Cash Growth	14.39%	-2.19%	-3.65%	10.36%	-14.51%
Accounts Receivable	210.99	292.33	250.22	256.98	249.35
Other Receivables	10.86	3.22	6.72	78.26	22.45
Receivables	221.85	295.56	256.94	335.24	271.81
Inventory	422.53	440.29	397.65	395.77	252.61
Prepaid Expenses	-	0.26	0.13	0.28	0.25
Other Current Assets	124.57	227.99	292.37	144.11	195.78
Total Current Assets	1,884	1,939	1,944	1,910	1,658
Property, Plant & Equipment	1,782	1,895	1,944	1,816	1,680
Long-Term Investments	277.49	388.5	422.75	429.88	459.24
Other Intangible Assets	192.18	261.84	334.38	348.12	400.3
Long-Term Accounts Receivable	-	-	-	44.01	39.9
Long-Term Deferred Tax Assets	51.66	33.85	22.46	18.41	16
Long-Term Deferred Charges	40.81	59.61	68.53	89.17	83.79
Other Long-Term Assets	15.69	23.54	33.78	47.24	48.23
Total Assets	4,245	4,601	4,770	4,703	4,385
Accounts Payable	610.89	579.09	659.97	351.77	427.95
Accrued Expenses	3.35	35.55	40.26	55.57	33.96
Short-Term Debt	321.85	490.91	504.26	489.88	203.41
Current Portion of Long-Term Debt	183.3	82.08	28.42	51.34	78.1
Current Portion of Leases	-	49.18	46.98	166.98	145.65
Current Income Taxes Payable	16.02	13.05	10.33	8.84	14.48
Current Unearned Revenue	66.1	62.43	70.12	64.8	51.43
Other Current Liabilities	262.87	324.43	406.69	418.22	208.79
Total Current Liabilities	1,464	1,637	1,767	1,607	1,164
Long-Term Debt	726.71	724.8	338.62	289.75	367.97
Long-Term Leases	98.32	138.47	181.1	792.52	845.32
Long-Term Unearned Revenue	4.54	6.12	9.37	9.91	5.93
Long-Term Deferred Tax Liabilities	3.09	2.94	3.47	4.54	4.49
Other Long-Term Liabilities	71.55	143.1	515.7	-	-
Total Liabilities	2,369	2,652	2,815	2,704	2,387
Common Stock	806.4	806.4	806.4	806.4	806.4
Additional Paid-In Capital	217.93	217.55	217.24	220.44	223.34
Retained Earnings	755.79	774.25	769.67	817.21	795.02
Comprehensive Income & Other	-91.18	-30.22	-10.49	-9.68	13.46
Total Common Equity	1,689	1,768	1,783	1,834	1,838
Minority Interest	187.03	181.06	171.94	164.19	159.43
Shareholders' Equity	1,876	1,949	1,955	1,999	1,998
Total Liabilities & Equity	4,245	4,601	4,770	4,703	4,385
Total Debt	1,330	1,485	1,099	1,790	1,640
Net Cash (Debt)	-214.77	-510.32	-102.46	-755.82	-702.92
Net Cash Per Share	-0.27	-0.74	-0.12	-0.97	-0.90
Filing Date Shares Outstanding	1,659	806.4	806.4	806.4	806.4
Total Common Shares Outstanding	1,659	806.4	806.4	806.4	806.4
Working Capital	419.98	302.51	176.99	302.64	494.2
Book Value Per Share	1.02	2.19	2.21	2.27	2.28
Tangible Book Value	1,497	1,506	1,448	1,486	1,438
Tangible Book Value Per Share	0.90	1.87	1.80	1.84	1.78
Buildings	-	138.55	154.29	161.63	126.48
Machinery	-	2,694	2,354	2,230	2,094
Construction In Progress	-	38.47	225.47	82.13	32.29

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.