Huawen 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	139.72	100.57	122.67	429.86	487.57	636.97
Short-Term Investments	-	-	-	-	40	309.58
Trading Asset Securities	86.54	116.51	160.6	177.39	99.55	1
Cash & Short-Term Investments	226.26	217.08	283.28	607.25	627.12	947.55
Cash Growth	-3.10%	-23.37%	-53.35%	-3.17%	-33.82%	60.26%
Accounts Receivable	152.45	182.18	277.37	319.44	440.73	692.07
Other Receivables	275.05	305.68	394.02	498.52	789.66	404.84
Receivables	427.51	487.86	671.39	817.96	1,230	1,097
Inventory	6.4	0.07	0.49	12.98	119.3	156.84
Other Current Assets	72.77	39.74	65.43	156.91	226.28	756.02
Total Current Assets	732.94	744.75	1,021	1,595	2,203	2,957
Property, Plant & Equipment	255.65	272.01	330.03	360.29	317.87	289.87
Long-Term Investments	217.39	357.26	616.26	1,695	2,070	4,154
Goodwill	-	-	21.34	117.16	238.51	259.39
Other Intangible Assets	134.45	138.85	164.96	176.13	117.92	123.97
Long-Term Deferred Tax Assets	10.81	10.63	51.64	62.69	65.43	76.74
Long-Term Deferred Charges	32.64	25.99	26.62	26.82	17.48	4.39
Other Long-Term Assets	948.3	948.9	1,065	1,409	1,448	1,315
Total Assets	2,332	2,498	3,297	5,443	6,478	9,180
Accounts Payable	24.53	93.99	106.75	109.46	128.21	226.92
Accrued Expenses	50.81	90.37	84.81	95.6	151.19	162.8
Short-Term Debt	305.77	249.63	256.46	349.69	317.39	558.19
Current Portion of Long-Term Debt	472.23	394.51	357.96	588.21	738.83	356.4
Current Portion of Leases	-	2.01	3.24	4.56	-	-
Current Income Taxes Payable	28.47	19.18	16.98	17.36	22.02	28.18
Current Unearned Revenue	6.9	3.84	3.44	6.72	39.27	55.53
Other Current Liabilities	291.98	369.98	286.9	357.83	255.4	210.14
Total Current Liabilities	1,181	1,224	1,117	1,529	1,652	1,598
Long-Term Debt	678.34	731.11	870.61	1,353	1,422	4,029
Long-Term Leases	1.47	1.09	2.27	0.7	6.95	-
Long-Term Unearned Revenue	-	-	1.71	1.71	-	-
Long-Term Deferred Tax Liabilities	19.2	17.37	37.17	113.35	108.38	75.37
Other Long-Term Liabilities	4.37	-	7.71	2.64	0.52	0.52
Total Liabilities	1,884	1,973	2,036	3,000	3,190	5,703
Common Stock	1,997	1,997	1,997	1,997	1,997	1,997
Additional Paid-In Capital	3,615	3,615	3,646	3,646	3,646	3,766
Retained Earnings	-5,507	-5,406	-4,698	-3,598	-2,914	-2,929
Comprehensive Income & Other	9.71	9.87	9.87	17.27	14.58	1.68
Total Common Equity	114.54	216.05	954.97	2,062	2,743	2,836
Minority Interest	333.57	309.25	305.87	380.08	544.77	641.62
Shareholders' Equity	448.11	525.29	1,261	2,442	3,288	3,478
Total Liabilities & Equity	2,332	2,498	3,297	5,443	6,478	9,180
Total Debt	1,458	1,378	1,491	2,296	2,485	4,943
Net Cash (Debt)	-1,232	-1,161	-1,207	-1,689	-1,858	-3,996
Net Cash Per Share	-0.62	-0.58	-0.60	-0.85	-0.93	-2.00
Filing Date Shares Outstanding	1,997	1,997	1,997	1,997	1,997	1,997
Total Common Shares Outstanding	1,997	1,997	1,997	1,997	1,997	1,997
Working Capital	-447.75	-478.78	-95.94	65.67	550.78	1,359
Book Value Per Share	0.06	0.11	0.48	1.03	1.37	1.42
Tangible Book Value	-19.91	77.19	768.67	1,769	2,387	2,453
Tangible Book Value Per Share	-0.01	0.04	0.38	0.89	1.20	1.23
Buildings	-	254.36	276.28	305.85	280.76	280.62
Machinery	-	183.45	204.39	314.14	269.69	273.9
Construction In Progress	-	-	2.99	5.91	35.19	1.91

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.