Ciwen Media 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	2015 - 2019
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	2015 - 2019
Cash & Equivalents	131.82	198.04	177	369.73	240.8	382.97	Upgrade
Short-Term Investments	-	-	-	-	3.36	37.89	Upgrade
Trading Asset Securities	30.5	30	15.09	1	-	-	Upgrade
Cash & Short-Term Investments	162.32	228.04	192.1	370.74	244.16	420.86	Upgrade
Cash Growth	2.70%	18.71%	-48.19%	51.84%	-41.99%	30.41%	Upgrade
Accounts Receivable	387.32	305.45	200.58	238.73	232.85	564.09	Upgrade
Other Receivables	9.73	6.8	9.27	0.19	1.87	0.18	Upgrade
Receivables	397.05	312.24	209.85	238.93	234.73	564.26	Upgrade
Inventory	807.9	729.9	497.95	797.53	1,048	1,222	Upgrade
Prepaid Expenses	-	-	-	58.99	74.04	100.28	Upgrade
Other Current Assets	88.92	74.03	37.16	11.94	4.06	72.32	Upgrade
Total Current Assets	1,456	1,344	937.05	1,478	1,605	2,380	Upgrade
Property, Plant & Equipment	0.71	0.8	1.51	23.9	26.33	27.88	Upgrade
Long-Term Investments	207.08	175.22	224.33	22.71	28.79	7.29	Upgrade
Goodwill	-	-	-	-	-	17.11	Upgrade
Other Intangible Assets	0.13	0.16	-	-	0.03	0.09	Upgrade
Long-Term Deferred Tax Assets	84.88	81.35	86.54	97.95	98.75	33.31	Upgrade
Long-Term Deferred Charges	0.01	0.03	0.07	0.1	0.28	2.15	Upgrade
Other Long-Term Assets	15.5	16.7	18.18	-	-	-	Upgrade
Total Assets	1,764	1,618	1,268	1,623	1,759	2,468	Upgrade
Accounts Payable	167.86	215.5	107.37	177.93	99.26	228.49	Upgrade
Accrued Expenses	2.33	15.62	10.59	16.15	12.21	17.51	Upgrade
Short-Term Debt	203.06	244.24	35.61	60	169.15	349.08	Upgrade
Current Portion of Long-Term Debt	0.14	0.03	-	16.22	0.03	-	Upgrade
Current Portion of Leases	-	-	0.77	16.93	20.4	-	Upgrade
Current Income Taxes Payable	7.4	0.1	0.15	6.39	0.17	0.17	Upgrade
Current Unearned Revenue	206.65	85.01	76.15	332.46	463.96	558.04	Upgrade
Other Current Liabilities	45.54	34.63	35.64	22.59	30.03	80.3	Upgrade
Total Current Liabilities	632.97	595.11	266.29	648.68	795.2	1,234	Upgrade
Long-Term Debt	165.75	30	-	-	16.6	17.02	Upgrade
Long-Term Leases	-	-	-	-	16.93	55.59	Upgrade
Long-Term Unearned Revenue	7.93	0.33	-	-	-	-	Upgrade
Long-Term Deferred Tax Liabilities	3.19	3.19	3.61	3.7	1.71	1.8	Upgrade
Other Long-Term Liabilities	-	-	-	-	9.88	-	Upgrade
Total Liabilities	809.84	628.63	269.9	652.39	840.32	1,308	Upgrade
Common Stock	601.57	601.57	601.57	601.57	601.57	601.57	Upgrade
Additional Paid-In Capital	852.08	851.96	851.96	851.96	851.96	851.96	Upgrade
Retained Earnings	-487.8	-460.39	-490.74	-518.37	-567.6	-333.63	Upgrade
Comprehensive Income & Other	3.73	3.8	4.12	4.11	6.78	-0.42	Upgrade
Total Common Equity	962.36	996.94	966.92	939.27	892.7	1,119	Upgrade
Minority Interest	-7.71	-7.09	30.86	31.12	25.72	40.38	Upgrade
Shareholders' Equity	954.65	989.85	997.78	970.4	918.42	1,160	Upgrade
Total Liabilities & Equity	1,764	1,618	1,268	1,623	1,759	2,468	Upgrade
Total Debt	368.95	274.26	36.38	93.16	223.1	421.7	Upgrade
Net Cash (Debt)	-206.63	-46.23	155.71	277.58	21.05	-0.83	Upgrade
Net Cash Growth	-	-	-43.90%	1218.43%	-	-	Upgrade
Net Cash Per Share	-0.41	-0.09	0.34	0.56	0.04	-0.00	Upgrade
Filing Date Shares Outstanding	600.65	601.57	601.57	601.57	601.57	601.57	Upgrade
Total Common Shares Outstanding	600.65	601.57	601.57	601.57	601.57	601.57	Upgrade
Working Capital	823.22	749.1	670.76	829.43	809.36	1,146	Upgrade
Book Value Per Share	1.60	1.66	1.61	1.56	1.48	1.86	Upgrade
Tangible Book Value	962.23	996.78	966.92	939.27	892.67	1,102	Upgrade
Tangible Book Value Per Share	1.60	1.66	1.61	1.56	1.48	1.83	Upgrade
Buildings	-	-	-	44.04	44.04	44.04	Upgrade
Machinery	-	4.67	6.05	6.04	6.96	6.9	Upgrade

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