CIG Shanghai 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,374	4,791	527.34	437.98	390.21	245.31
Cash & Short-Term Investments	3,374	4,791	527.34	437.98	390.21	245.31
Cash Growth	732.41%	808.46%	20.40%	12.24%	59.07%	-15.64%
Accounts Receivable	2,048	1,998	1,238	1,116	1,607	816.41
Other Receivables	-	-	-	-	4.46	21.26
Receivables	2,048	1,998	1,238	1,116	1,611	837.67
Inventory	2,474	2,376	1,686	1,573	1,730	1,213
Other Current Assets	496.36	391.25	182.17	127.75	100.81	118.9
Total Current Assets	8,393	9,555	3,633	3,255	3,832	2,415
Property, Plant & Equipment	1,667	1,458	799.3	693.19	667.25	815.37
Long-Term Investments	246.28	143.3	14.56	14.56	4.56	4.56
Goodwill	98.97	98.97	98.97	98.97	98.97	-
Other Intangible Assets	434.58	436.34	445.37	340.43	322.81	303.46
Long-Term Deferred Tax Assets	39.44	39.42	32.45	31.14	24.89	21.59
Long-Term Deferred Charges	132.51	119.65	138.09	299.71	281.09	266.17
Other Long-Term Assets	240.96	54.28	26.9	3.03	0.38	22.04
Total Assets	11,252	11,906	5,189	4,736	5,232	3,848
Accounts Payable	1,568	1,829	1,278	849	1,780	954.58
Accrued Expenses	41.16	102.61	75.34	126.69	86.82	55.45
Short-Term Debt	1,379	1,940	991.61	1,112	913.01	733.68
Current Portion of Long-Term Debt	145.18	246.42	0.09	-	-	-
Current Portion of Leases	-	33.64	20.13	79.28	220.02	169.41
Current Income Taxes Payable	13.97	0.27	0.38	-	9.57	-
Current Unearned Revenue	9.26	7.07	33.36	45.39	11.92	5.35
Other Current Liabilities	41.68	13.29	30.35	25.95	93.74	8.82
Total Current Liabilities	3,198	4,172	2,429	2,238	3,115	1,927
Long-Term Debt	175	-	91.9	-	-	-
Long-Term Leases	166	114.63	135.94	145.89	130.88	101.97
Long-Term Unearned Revenue	55.87	53.83	42.51	29.62	30.28	43.24
Long-Term Deferred Tax Liabilities	6.36	6.31	28.47	34.3	29.53	32.7
Total Liabilities	3,602	4,347	2,728	2,448	3,306	2,105
Common Stock	352.65	352.65	268.04	268.1	261.57	252.22
Additional Paid-In Capital	-	6,220	1,377	1,441	1,327	1,257
Retained Earnings	933.9	815.58	623.18	500.19	405.34	233.87
Treasury Stock	-	-	-18.35	-58.23	-59	-
Comprehensive Income & Other	6,276	60.68	60.59	-13.03	-9.62	-0.7
Total Common Equity	7,563	7,449	2,311	2,138	1,926	1,743
Minority Interest	88.25	109.43	150.31	149.95	-	-
Shareholders' Equity	7,651	7,559	2,461	2,288	1,926	1,743
Total Liabilities & Equity	11,252	11,906	5,189	4,736	5,232	3,848
Total Debt	1,865	2,335	1,240	1,337	1,264	1,005
Net Cash (Debt)	1,509	2,456	-712.33	-899.02	-873.7	-759.74
Net Cash Per Share	5.00	8.76	-2.65	-3.41	-3.41	-3.00
Filing Date Shares Outstanding	352.65	352.65	268.04	268.1	261.57	255.58
Total Common Shares Outstanding	352.65	352.65	268.04	268.1	261.57	252.22
Working Capital	5,195	5,383	1,204	1,017	716.42	487.27
Book Value Per Share	21.45	21.12	8.62	7.97	7.36	6.91
Tangible Book Value	7,029	6,914	1,766	1,699	1,504	1,439
Tangible Book Value Per Share	19.93	19.61	6.59	6.34	5.75	5.71
Buildings	-	339.36	92.58	92.58	92.58	92.58
Machinery	-	1,402	1,095	1,114	1,080	748.23
Construction In Progress	-	457.64	227.37	23.92	57.91	119.67

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