GRVWF Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	339.08	866.66	607.44	425.24	577.24	562.78
Cash & Short-Term Investments	443.8	866.66	607.44	425.24	577.24	562.78
Cash Growth	-48.79%	42.67%	42.84%	-26.33%	2.57%	1.15%
Accounts Receivable	546.1	660.98	739.93	722.72	573.05	577.33
Other Receivables	40.65	26.37	27.02	5.42	7.7	12.67
Receivables	586.75	687.36	766.95	728.14	580.75	589.99
Inventory	470.53	859.91	1,182	798.61	710.74	627.14
Restricted Cash	156.75	197.76	306.92	214.85	183.63	199.98
Other Current Assets	-	21.32	23.77	44.26	44.73	30.74
Total Current Assets	1,666	2,633	2,887	2,211	2,097	2,011
Property, Plant & Equipment	656.06	1,251	1,253	1,288	1,362	1,414
Goodwill	-	47.77	47.77	57.99	57.99	64.72
Other Intangible Assets	54.17	11.52	13.64	29.28	35.86	44.51
Long-Term Accounts Receivable	195.75	44.09	26.54	27.61	18.96	9.81
Long-Term Deferred Tax Assets	40.88	38.93	41.85	33.81	39.02	31.87
Other Long-Term Assets	0.12	2.46	10	10.98	10.41	16.89
Total Assets	3,684	4,028	4,280	3,658	3,621	3,592
Accounts Payable	572.98	592.82	965.42	646.67	547.04	499.19
Accrued Expenses	-	189.92	225.05	138.98	162.94	124.56
Short-Term Debt	-	-	-	-	-	2.03
Current Portion of Long-Term Debt	-	140.82	223.56	283.12	191.53	297.24
Current Portion of Leases	1.02	11.7	10.38	11.08	5.21	7.47
Current Income Taxes Payable	22.24	36.11	29.38	19.93	41.15	33.64
Current Unearned Revenue	9.21	58.68	118.32	35.6	7.81	8.46
Other Current Liabilities	-	12.2	15.06	6.63	63.18	42.39
Total Current Liabilities	605.44	1,042	1,587	1,142	1,019	1,015
Long-Term Debt	-	-	-	5.42	14.04	21.49
Long-Term Leases	0.63	15.18	6.6	11.6	2.32	4.23
Long-Term Unearned Revenue	6.1	49.64	54.48	59.95	73.17	78.34
Long-Term Deferred Tax Liabilities	1.68	19.8	11.47	19.47	21.26	20.17
Total Liabilities	613.84	1,127	1,660	1,238	1,130	1,139
Common Stock	603.81	11.44	11.44	11.44	11.44	11.45
Additional Paid-In Capital	-	416.42	416.42	416.42	465.97	516.95
Retained Earnings	2,471	2,393	2,149	1,966	1,920	1,848
Comprehensive Income & Other	-4.04	80.78	43.42	25.93	94.12	76.38
Shareholders' Equity	3,070	2,901	2,620	2,420	2,492	2,453
Total Liabilities & Equity	3,684	4,028	4,280	3,658	3,621	3,592
Total Debt	1.65	167.7	240.54	311.22	213.09	332.46
Net Cash (Debt)	442.15	698.96	366.9	114.02	364.15	230.32
Net Cash Growth	-36.74%	90.51%	221.77%	-68.69%	58.10%	-37.06%
Net Cash Per Share	-	0.52	0.27	0.09	0.27	0.17
Filing Date Shares Outstanding	-	1,407	1,337	1,337	1,337	1,337
Total Common Shares Outstanding	-	1,337	1,337	1,337	1,337	1,337
Working Capital	1,060	1,591	1,300	1,069	1,078	995.66
Book Value Per Share	-	2.17	1.96	1.81	1.86	1.83
Tangible Book Value	3,016	2,842	2,559	2,333	2,398	2,344
Tangible Book Value Per Share	-	2.13	1.91	1.75	1.79	1.75
Land	-	759.79	726.35	696.75	724.55	707.64
Machinery	-	1,823	1,778	1,642	1,651	1,673
Construction In Progress	-	125.35	70.59	130.74	80.57	17.54
Leasehold Improvements	-	1.75	1.65	1.61	1.79	1.74

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