Huayi Brothers 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	17.12	78.19	232.37	326.6	621.2
Trading Asset Securities	4.5	286.16	7	7	-
Cash & Short-Term Investments	21.62	364.35	239.37	333.6	621.2
Cash Growth	-94.06%	52.21%	-28.24%	-46.30%	-3.51%
Accounts Receivable	34.43	59.85	291.5	76.88	175.04
Other Receivables	51.06	56.03	174.33	262.45	272.97
Receivables	85.49	115.87	465.82	339.33	448.01
Inventory	194.97	182.72	229.74	399.22	362.54
Prepaid Expenses	-	10	18.56	22.12	15.29
Other Current Assets	174.42	197.87	311.2	334.34	628.72
Total Current Assets	476.5	870.81	1,265	1,429	2,076
Property, Plant & Equipment	361.12	485	558.77	999.64	1,158
Long-Term Investments	1,192	1,375	1,834	2,356	3,194
Goodwill	57.67	62.82	144.56	159.13	292.75
Other Intangible Assets	0.69	0.28	0.5	1.55	19.44
Long-Term Accounts Receivable	-	11.16	10.62	10.3	10.67
Long-Term Deferred Tax Assets	73.67	156.68	164.26	169.95	206.64
Long-Term Deferred Charges	17.57	21.51	15.38	58.14	59.89
Other Long-Term Assets	17.08	50.9	49.11	92.04	77.22
Total Assets	2,196	3,034	4,042	5,275	7,094
Accounts Payable	469.41	521.29	506.55	528.78	776.28
Accrued Expenses	24.81	26.52	43.67	23.14	11.98
Short-Term Debt	183.77	376.5	494.79	561.94	526.03
Current Portion of Long-Term Debt	285.47	210.32	382	194	549.97
Current Portion of Leases	-	62.46	44.44	64.16	59.82
Current Income Taxes Payable	2.68	1.58	7.41	2.82	21.57
Current Unearned Revenue	108.2	252.1	198.59	334	538.34
Other Current Liabilities	477.05	500.19	575.13	414.72	417.47
Total Current Liabilities	1,551	1,951	2,253	2,124	2,901
Long-Term Debt	116.67	125.41	160.07	731.56	731.91
Long-Term Leases	301.31	354.19	391.75	509.14	579.07
Long-Term Unearned Revenue	11.76	12.85	8.39	10.62	13.87
Long-Term Deferred Tax Liabilities	0	0.04	0.03	45.43	47.49
Other Long-Term Liabilities	132.72	166.43	382.77	374.84	268.02
Total Liabilities	2,114	2,610	3,196	3,795	4,542
Common Stock	2,775	2,775	2,775	2,775	2,775
Additional Paid-In Capital	2,509	2,479	2,477	2,473	2,478
Retained Earnings	-4,266	-3,932	-3,650	-3,097	-2,146
Comprehensive Income & Other	-990.39	-960.27	-926.35	-850.79	-775.1
Total Common Equity	27.11	361.48	674.98	1,300	2,331
Minority Interest	54.97	63.01	171.63	180.21	221.34
Shareholders' Equity	82.08	424.5	846.61	1,480	2,552
Total Liabilities & Equity	2,196	3,034	4,042	5,275	7,094
Total Debt	887.22	1,129	1,473	2,061	2,447
Net Cash (Debt)	-865.6	-764.52	-1,234	-1,727	-1,826
Net Cash Per Share	-0.31	-0.27	-0.44	-0.62	-0.67
Filing Date Shares Outstanding	2,582	2,775	2,775	2,775	2,775
Total Common Shares Outstanding	2,582	2,775	2,775	2,775	2,775
Working Capital	-1,075	-1,080	-987.88	-694.95	-825.71
Book Value Per Share	0.01	0.13	0.24	0.47	0.84
Tangible Book Value	-31.25	298.39	529.92	1,139	2,019
Tangible Book Value Per Share	-0.01	0.11	0.19	0.41	0.73
Buildings	-	168.91	167.1	542.07	531.99
Machinery	-	289.44	302.52	305.76	325.19

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