CIG Shanghai 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	496.66	527.34	437.98	390.21	245.31	290.8
Cash & Short-Term Investments	496.66	527.34	437.98	390.21	245.31	290.8
Cash Growth	41.32%	20.40%	12.24%	59.07%	-15.64%	0.33%
Accounts Receivable	1,992	1,238	1,116	1,607	816.41	499.73
Other Receivables	25.19	-	-	4.46	21.26	10.77
Receivables	2,017	1,238	1,116	1,611	837.67	510.5
Inventory	2,133	1,686	1,573	1,730	1,213	1,096
Other Current Assets	262.41	181.81	127.75	100.81	118.9	122.24
Total Current Assets	4,909	3,633	3,255	3,832	2,415	2,020
Property, Plant & Equipment	1,343	799.3	693.19	667.25	815.37	848.3
Long-Term Investments	14.56	14.56	14.56	4.56	4.56	1.37
Goodwill	98.97	98.97	98.97	98.97	-	-
Other Intangible Assets	401.08	445.37	340.43	322.81	303.46	314.16
Long-Term Deferred Tax Assets	31.4	32.45	31.14	24.89	21.59	22.11
Long-Term Deferred Charges	189.51	138.09	299.71	281.09	266.17	254.52
Other Long-Term Assets	86.16	26.9	3.03	0.38	22.04	81.03
Total Assets	7,074	5,189	4,736	5,232	3,848	3,541
Accounts Payable	1,833	1,278	849	1,780	954.58	948.63
Accrued Expenses	44.05	75.34	126.69	86.82	55.45	88.05
Short-Term Debt	2,019	991.61	1,112	913.01	733.68	640.78
Current Portion of Long-Term Debt	256.25	0.09	-	-	-	-
Current Portion of Leases	-	20.13	79.28	220.02	169.41	31.01
Current Income Taxes Payable	17.55	0.38	-	9.57	-	-
Current Unearned Revenue	6.59	33.36	45.39	11.92	5.35	8.32
Other Current Liabilities	49.08	30.35	25.95	93.74	8.82	8.28
Total Current Liabilities	4,226	2,429	2,238	3,115	1,927	1,725
Long-Term Debt	27	91.9	-	-	-	49
Long-Term Leases	119.76	135.94	145.89	130.88	101.97	10.19
Long-Term Unearned Revenue	32.31	42.51	29.62	30.28	43.24	55.69
Long-Term Deferred Tax Liabilities	6.61	28.47	34.3	29.53	32.7	36.05
Total Liabilities	4,411	2,728	2,448	3,306	2,105	1,876
Common Stock	268.02	268.04	268.1	261.57	252.22	252.22
Additional Paid-In Capital	1,458	1,453	1,441	1,327	1,257	1,247
Retained Earnings	811.38	623.18	500.19	405.34	233.87	166.61
Treasury Stock	-	-18.35	-58.23	-59	-	-
Comprehensive Income & Other	-14.89	-14.87	-13.03	-9.62	-0.7	-0.3
Total Common Equity	2,522	2,311	2,138	1,926	1,743	1,665
Minority Interest	139.84	150.31	149.95	-	-	-
Shareholders' Equity	2,662	2,461	2,288	1,926	1,743	1,665
Total Liabilities & Equity	7,074	5,189	4,736	5,232	3,848	3,541
Total Debt	2,422	1,240	1,337	1,264	1,005	730.99
Net Cash (Debt)	-1,926	-712.33	-899.02	-873.7	-759.74	-440.19
Net Cash Per Share	-7.14	-2.65	-3.41	-3.41	-3.00	-1.85
Filing Date Shares Outstanding	268.02	268.04	268.1	261.57	255.58	252.22
Total Common Shares Outstanding	268.02	268.04	268.1	261.57	252.22	252.22
Working Capital	683	1,204	1,017	716.42	487.27	294.73
Book Value Per Share	9.41	8.62	7.97	7.36	6.91	6.60
Tangible Book Value	2,022	1,766	1,699	1,504	1,439	1,351
Tangible Book Value Per Share	7.55	6.59	6.34	5.75	5.71	5.36
Buildings	-	92.58	92.58	92.58	92.58	92.58
Machinery	-	1,095	1,114	1,080	748.23	993.55
Construction In Progress	-	227.37	23.92	57.91	119.67	290.55

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