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 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	736.6	2,160	1,810	1,537	1,119	1,276
Short-Term Investments	-	572.68	431.09	-	-	-
Trading Asset Securities	75.08	-	100.01	420.12	-	289.61
Cash & Short-Term Investments	811.68	2,732	2,341	1,957	1,119	1,565
Cash Growth	-46.06%	16.74%	19.62%	74.92%	-28.53%	87.30%
Accounts Receivable	1,538	1,349	1,101	822.5	684.78	564.08
Other Receivables	10.17	46.09	8.37	14.79	8.34	5.75
Receivables	1,548	1,395	1,109	837.29	1,359	737.48
Inventory	2,457	1,264	1,026	1,352	1,191	1,005
Other Current Assets	895.46	151.41	112.88	151.42	198.68	218.22
Total Current Assets	5,712	5,543	4,589	4,298	3,867	3,526
Property, Plant & Equipment	1,590	1,585	1,486	1,528	1,230	1,028
Long-Term Investments	97.01	237.26	185.86	172.31	170.39	146.69
Other Intangible Assets	142.5	138.93	121.66	127.82	133.27	78.16
Long-Term Accounts Receivable	-	1.44	1.85	-	-	-
Long-Term Deferred Tax Assets	22.68	24.95	27.35	26.58	16.13	12.99
Long-Term Deferred Charges	48	50.51	55.14	52.99	51.51	46.05
Other Long-Term Assets	188.19	40	36.15	31.83	76.19	61.02
Total Assets	7,801	7,621	6,503	6,237	5,544	4,899
Accounts Payable	820.17	490.39	333.47	442.28	349.97	320.89
Accrued Expenses	53.74	117.35	108.17	115.76	122.17	160.24
Short-Term Debt	588.21	546.37	711.44	503.57	370.62	112.96
Current Portion of Long-Term Debt	76.38	612.48	213.1	164.59	89	124
Current Portion of Leases	-	6.58	9.51	8.16	6.71	6.86
Current Income Taxes Payable	11.8	2.41	7.22	10.44	11.64	4.64
Current Unearned Revenue	283.48	100.99	32.12	133.94	45.01	60.16
Other Current Liabilities	599.23	554.14	339.28	350	58.06	128.58
Total Current Liabilities	2,433	2,431	1,754	1,729	1,053	918.34
Long-Term Debt	123.52	-	54	239.5	391	142
Long-Term Leases	43.41	39.88	45.22	51.45	13.12	17.5
Long-Term Unearned Revenue	-	31.37	31.82	21.27	23.14	11.51
Long-Term Deferred Tax Liabilities	21.9	24.83	21.94	23.32	13.2	10.67
Other Long-Term Liabilities	125.63	129.86	125.59	142.22	118.85	115.13
Total Liabilities	2,747	2,657	2,033	2,206	1,612	1,215
Common Stock	846.55	846.55	846.55	846.55	846.55	846.59
Additional Paid-In Capital	1,755	1,755	1,591	1,483	1,483	1,483
Retained Earnings	1,717	1,629	1,457	1,426	1,281	1,083
Treasury Stock	-	-	-	-	-	-13.88
Comprehensive Income & Other	25.43	24.57	22.79	18.25	18.17	10.25
Total Common Equity	4,345	4,256	3,917	3,773	3,628	3,408
Minority Interest	708.65	708.17	553.09	257.29	303.78	274.93
Shareholders' Equity	5,054	4,964	4,470	4,031	3,932	3,683
Total Liabilities & Equity	7,801	7,621	6,503	6,237	5,544	4,899
Total Debt	831.52	1,205	1,033	967.26	870.45	403.32
Net Cash (Debt)	-19.84	1,527	1,307	989.45	248.2	1,162
Net Cash Growth	-	16.81%	32.13%	298.65%	-78.64%	107.24%
Net Cash Per Share	-0.02	1.81	1.54	1.18	0.29	1.46
Filing Date Shares Outstanding	846.55	846.55	846.55	846.55	846.55	846.55
Total Common Shares Outstanding	846.55	846.55	846.55	846.55	846.55	846.59
Working Capital	3,279	3,112	2,835	2,569	2,814	2,608
Book Value Per Share	5.13	5.03	4.63	4.46	4.29	4.03
Tangible Book Value	4,202	4,117	3,796	3,646	3,495	3,330
Tangible Book Value Per Share	4.96	4.86	4.48	4.31	4.13	3.93
Buildings	-	925.77	897.24	891.39	672.93	606.33
Machinery	-	1,239	1,113	954.96	805.47	741.06
Construction In Progress	-	80.58	20.28	114.84	133.75	15.01

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