Grinm Advanced Materials 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	1,050	1,810	1,537	1,119	1,276	738.59
Trading Asset Securities	380.73	100.01	420.12	-	289.61	97.02
Cash & Short-Term Investments	1,431	1,910	1,957	1,119	1,565	835.61
Cash Growth	6.87%	-2.41%	74.92%	-28.53%	87.30%	-16.89%
Accounts Receivable	1,339	1,101	822.5	684.78	564.08	588.82
Other Receivables	7.96	8.37	14.79	8.34	5.75	8.25
Receivables	1,347	1,541	837.29	1,359	737.48	1,006
Inventory	1,956	1,026	1,352	1,191	1,005	813.57
Other Current Assets	935.75	112.88	151.42	198.68	218.22	153.03
Total Current Assets	5,669	4,589	4,298	3,867	3,526	2,808
Property, Plant & Equipment	1,545	1,486	1,528	1,230	1,028	969.11
Long-Term Investments	194.75	185.86	172.31	170.39	146.69	336.77
Other Intangible Assets	123.58	121.66	127.82	133.27	78.16	81.31
Long-Term Accounts Receivable	1.65	1.85	-	-	-	-
Long-Term Deferred Tax Assets	27.24	27.35	26.58	16.13	12.99	13.65
Long-Term Deferred Charges	50.23	55.14	52.99	51.51	46.05	8.04
Other Long-Term Assets	40.97	36.15	31.83	76.19	61.02	44.97
Total Assets	7,652	6,503	6,237	5,544	4,899	4,262
Accounts Payable	701.04	333.47	442.28	349.97	320.89	97.98
Accrued Expenses	58.58	108.17	115.76	122.17	160.24	72.09
Short-Term Debt	551.83	711.44	503.57	370.62	112.96	-
Current Portion of Long-Term Debt	499.02	213.1	164.59	89	124	109
Current Portion of Leases	-	9.51	8.16	6.71	6.86	-
Current Income Taxes Payable	10.74	7.22	10.44	11.64	4.64	8.47
Current Unearned Revenue	104.97	32.12	133.94	45.01	60.16	55.58
Other Current Liabilities	567.56	339.28	350	58.06	128.58	173.83
Total Current Liabilities	2,494	1,754	1,729	1,053	918.34	516.95
Long-Term Debt	15	54	239.5	391	142	166
Long-Term Leases	41.94	45.22	51.45	13.12	17.5	-
Long-Term Unearned Revenue	-	31.82	21.27	23.14	11.51	7.21
Long-Term Deferred Tax Liabilities	23.64	21.94	23.32	13.2	10.67	8.81
Other Long-Term Liabilities	117.08	125.59	142.22	118.85	115.13	61.01
Total Liabilities	2,691	2,033	2,206	1,612	1,215	759.98
Common Stock	846.55	846.55	846.55	846.55	846.59	846.62
Additional Paid-In Capital	1,755	1,591	1,483	1,483	1,483	1,481
Retained Earnings	1,610	1,457	1,426	1,281	1,083	944.64
Treasury Stock	-	-	-	-	-13.88	-29.46
Comprehensive Income & Other	23.84	22.79	18.25	18.17	10.25	8.37
Total Common Equity	4,236	3,917	3,773	3,628	3,408	3,251
Minority Interest	725.33	553.09	257.29	303.78	274.93	251.45
Shareholders' Equity	4,961	4,470	4,031	3,932	3,683	3,502
Total Liabilities & Equity	7,652	6,503	6,237	5,544	4,899	4,262
Total Debt	1,108	1,033	967.26	870.45	403.32	275
Net Cash (Debt)	322.95	876.29	989.45	248.2	1,162	560.61
Net Cash Growth	-	-11.44%	298.65%	-78.64%	107.24%	-40.45%
Net Cash Per Share	0.38	1.03	1.18	0.29	1.46	0.66
Filing Date Shares Outstanding	846.55	846.55	846.55	846.55	846.55	846.62
Total Common Shares Outstanding	846.55	846.55	846.55	846.55	846.59	846.62
Working Capital	3,175	2,835	2,569	2,814	2,608	2,291
Book Value Per Share	5.00	4.63	4.46	4.29	4.03	3.84
Tangible Book Value	4,112	3,796	3,646	3,495	3,330	3,169
Tangible Book Value Per Share	4.86	4.48	4.31	4.13	3.93	3.74
Buildings	-	897.24	891.39	672.93	606.33	526.02
Machinery	-	1,113	954.96	805.47	741.06	643.41
Construction In Progress	-	20.28	114.84	133.75	15.01	107.35

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