Beijing Enlight 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,812	1,235	1,621	2,482	1,949	1,138
Short-Term Investments	-	2.36	233.41	28.01	-	-
Trading Asset Securities	1,134	2,349	1,033	200.36	102.12	1,784
Cash & Short-Term Investments	2,947	3,587	2,888	2,711	2,051	2,921
Cash Growth	-55.03%	24.19%	6.53%	32.17%	-29.79%	44.20%
Accounts Receivable	253.78	313.78	167.88	349.09	198.86	328.99
Other Receivables	63.35	63.34	23.39	60.25	74.86	113.16
Receivables	317.13	377.12	191.27	409.34	273.72	442.15
Inventory	757.35	685.57	1,286	1,255	1,192	1,182
Other Current Assets	173.66	156.66	175.39	163.2	163.92	163.68
Total Current Assets	4,195	4,806	4,541	4,538	3,681	4,709
Property, Plant & Equipment	1,242	1,246	92.78	79.14	89.95	101.47
Long-Term Investments	4,632	4,610	4,967	5,192	5,184	5,564
Goodwill	15.36	15.36	15.36	15.36	15.36	15.36
Other Intangible Assets	1.26	0.39	0.42	0.89	1.47	1.57
Long-Term Deferred Tax Assets	84.64	89.34	111.87	103.88	95.01	80.62
Long-Term Deferred Charges	1.27	1.44	2.25	2.59	3.23	7.78
Other Long-Term Assets	839.93	209.57	-	-	7.95	-
Total Assets	11,011	10,978	9,731	9,932	9,078	10,479
Accounts Payable	472.44	555.42	457.51	600.27	152.2	283.29
Accrued Expenses	26.18	47.85	28.85	49.92	16.85	27.15
Current Portion of Long-Term Debt	-	-	-	12.02	20.06	-
Current Portion of Leases	14.33	14.04	13.36	9.27	10.68	10.36
Current Income Taxes Payable	136.41	116.17	39.58	99.45	45.07	98.7
Current Unearned Revenue	130.55	94.37	218.77	279.8	377.47	310.35
Other Current Liabilities	26.04	34.76	30.53	25.25	25.79	26.4
Total Current Liabilities	805.95	862.62	788.61	1,076	648.13	756.24
Long-Term Debt	-	-	-	-	12	-
Long-Term Leases	42.61	45.14	58.11	52.86	59.12	67.03
Long-Term Unearned Revenue	68.03	68.04	61.3	71.31	67.58	84.83
Long-Term Deferred Tax Liabilities	83.23	73.4	48.58	45.6	26.54	-
Total Liabilities	999.81	1,049	956.6	1,246	813.37	908.1
Common Stock	2,934	2,934	2,934	2,934	2,934	2,934
Additional Paid-In Capital	1,863	1,862	1,981	1,986	1,971	1,982
Retained Earnings	4,874	4,851	3,763	3,719	3,415	4,700
Treasury Stock	-	-	-75.08	-150	-150	-
Comprehensive Income & Other	362.85	305.2	164.18	190.19	88.95	-61.03
Total Common Equity	10,033	9,952	8,767	8,679	8,258	9,554
Minority Interest	-22.11	-22.76	7.26	7.96	6.08	16.85
Shareholders' Equity	10,011	9,929	8,774	8,686	8,265	9,571
Total Liabilities & Equity	11,011	10,978	9,731	9,932	9,078	10,479
Total Debt	56.93	59.19	71.47	74.15	101.86	77.39
Net Cash (Debt)	2,890	3,527	2,816	2,637	1,949	2,844
Net Cash Growth	-55.42%	25.24%	6.82%	35.28%	-31.46%	40.38%
Net Cash Per Share	1.04	1.20	0.96	0.88	0.66	1.00
Filing Date Shares Outstanding	2,934	2,934	2,914	2,914	2,914	2,934
Total Common Shares Outstanding	2,934	2,934	2,914	2,914	2,914	2,934
Working Capital	3,389	3,943	3,752	3,462	3,033	3,953
Book Value Per Share	3.42	3.39	3.01	2.98	2.83	3.26
Tangible Book Value	10,017	9,936	8,751	8,662	8,242	9,538
Tangible Book Value Per Share	3.41	3.39	3.00	2.97	2.83	3.25
Buildings	-	1,192	20.06	20.06	20.06	20.06
Machinery	-	67.32	60.61	53.62	57.08	55.25
Construction In Progress	-	25.06	-	-	-	-

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