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Consolidated balance sheets

In millions of CNY, except per-share amounts
Q4 FY2025
As of Dec 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q4 FY2020
As of Dec 31, 2020
Q4 FY2019
As of Dec 31, 2019
ASSETS
Current assets:
Cash and cash equivalents
Restricted cash
Short-term bank deposits
Accounts receivable, net of allowance for credit loss of RMB17,725,683 and RMB14,816,208 as of December 31, 2024 and December 31, 2025, respectively
Prepayments
Amounts due from related parties
Other current assets
Total current assets
Property and equipment, net
Intangible assets, net
Long-term bank deposits
Investments (include the fair value measured investments of RMB76,929,667 and RMB11,062,659 as of December 31, 2024 and 2025, respectively)
Right-of-use assets
Other non-current assets
TOTAL ASSETS
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES
Current liabilities: (include amounts of the consolidated VIEs without recourse to DouYu International Holdings Limited. See Note 2.2)
Accounts payable
Advances from customers
Deferred revenue
Accrued expenses and other current liabilities
Amounts due to related parties
Lease liabilities due within one year
Total current liabilities
Lease liabilities
TOTAL LIABILITIES
SHAREHOLDERS' EQUITY
Ordinary shares (US$0.0001 par value, 500,000,000 and 500,000,000 shares authorized, 30,178,859 shares issued and 30,178,859 shares outstanding as of December 31, 2024 and 2025, respectively)
Treasury shares (2,560,561 ordinary shares and nil ordinary shares as of December 31, 2023 and 2024)
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Total DouYu International Holdings Limited Shareholders' equity
Total Shareholders' equity
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY

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