Shanghai Xinhua Media 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,410	1,378	1,343	1,223	1,146	1,023
Trading Asset Securities	513.49	623.45	471.09	658.85	481.47	682.9
Cash & Short-Term Investments	1,924	2,002	1,815	1,882	1,628	1,706
Cash Growth	11.17%	10.31%	-3.59%	15.63%	-4.61%	-7.61%
Accounts Receivable	27.17	25.07	21.4	26.46	52.61	26.34
Other Receivables	53.68	40.38	93.7	113.45	243.52	378.76
Receivables	80.84	65.45	115.09	139.9	296.13	405.1
Inventory	387.12	231.06	332.91	415.87	317.95	301.95
Other Current Assets	25.29	17.24	24.46	13.98	16.45	8.54
Total Current Assets	2,417	2,315	2,287	2,452	2,258	2,422
Property, Plant & Equipment	258.53	199.47	252.49	315.42	341.22	315.56
Long-Term Investments	438.86	461.7	610.83	644.15	960.36	1,139
Other Intangible Assets	25.72	26.26	27.61	29.5	24.56	25.42
Long-Term Deferred Charges	105.28	109.84	143.45	153.59	18.16	1.77
Other Long-Term Assets	685.46	644.82	545.21	465.08	363.9	249.75
Total Assets	3,931	3,757	3,867	4,060	3,966	4,153
Accounts Payable	651.94	537.7	561.32	571.57	458.37	491.74
Accrued Expenses	80.19	123.64	123.37	79.52	77.55	66.85
Current Portion of Long-Term Debt	30.38	-	-	-	-	-
Current Portion of Leases	-	25.6	47.03	50.41	44.06	46.13
Current Income Taxes Payable	3.39	1.22	25.93	3.96	2.08	0.12
Current Unearned Revenue	359.55	380.28	445.09	562.32	535.96	449.62
Other Current Liabilities	161.23	106.81	110.27	165.54	153.23	296.35
Total Current Liabilities	1,287	1,175	1,313	1,433	1,271	1,351
Long-Term Leases	118.5	58.03	80.51	124.71	137.98	97.75
Long-Term Unearned Revenue	3.03	2.68	0.64	-	-	-
Long-Term Deferred Tax Liabilities	25.81	25.81	20.87	36.41	57.88	94.99
Total Liabilities	1,434	1,262	1,415	1,594	1,467	1,544
Common Stock	1,045	1,045	1,045	1,045	1,045	1,045
Additional Paid-In Capital	556.44	556.44	556.44	556.44	556.44	556.44
Retained Earnings	820.69	819.38	789.66	762.78	726.6	728.27
Comprehensive Income & Other	74.73	74.74	60.37	100.85	171.18	280.06
Total Common Equity	2,497	2,495	2,451	2,465	2,499	2,610
Minority Interest	0.17	0.24	0.23	0.19	0.17	0.09
Shareholders' Equity	2,497	2,496	2,452	2,465	2,499	2,610
Total Liabilities & Equity	3,931	3,757	3,867	4,060	3,966	4,153
Total Debt	148.88	83.63	127.55	175.13	182.03	143.88
Net Cash (Debt)	1,775	1,918	1,687	1,707	1,446	1,562
Net Cash Growth	10.21%	13.69%	-1.17%	18.08%	-7.47%	-15.40%
Net Cash Per Share	1.55	1.82	1.67	1.42	1.65	1.40
Filing Date Shares Outstanding	1,318	1,045	1,045	1,045	1,045	1,045
Total Common Shares Outstanding	1,318	1,045	1,045	1,045	1,045	1,045
Working Capital	1,130	1,140	974.03	1,019	986.93	1,071
Book Value Per Share	1.89	2.39	2.35	2.36	2.39	2.50
Tangible Book Value	2,471	2,469	2,424	2,435	2,475	2,584
Tangible Book Value Per Share	1.87	2.36	2.32	2.33	2.37	2.47
Buildings	-	312.51	307.47	316.64	310.35	355.71
Machinery	-	81.01	84.49	87.49	87.49	90.32
Construction In Progress	-	0.18	-	2.12	13.74	-

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