GRIPM Advanced Materials Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	291.06	230	247.18	180.89
Short-Term Investments	-	10	80.44	70	50
Trading Asset Securities	-	2.93	4.76	5.36	157.03
Cash & Short-Term Investments	358.35	304	315.19	322.54	387.92
Cash Growth	17.88%	-3.55%	-2.28%	-16.85%	267.30%
Accounts Receivable	-	542.22	486.92	464.56	423.97
Other Receivables	-	2.09	2.97	3.96	17.65
Receivables	-	544.3	489.89	468.52	441.62
Inventory	-	306.98	242.12	211.89	201.77
Prepaid Expenses	-	-	-	-	6.44
Other Current Assets	-	46.9	31.6	46.5	47.01
Total Current Assets	-	1,202	1,079	1,049	1,085
Property, Plant & Equipment	-	442.47	407.66	310.65	257.8
Goodwill	-	3.45	3.45	3.45	3.45
Other Intangible Assets	-	59.78	59.53	61.18	61.64
Long-Term Deferred Tax Assets	-	5.14	5.33	4.94	2.17
Long-Term Deferred Charges	-	6.47	8.57	9.6	10.39
Other Long-Term Assets	-	2.76	17.61	19.32	1.03
Total Assets	-	1,722	1,581	1,459	1,421
Accounts Payable	-	210.58	172.28	145.28	181.72
Accrued Expenses	-	16.37	18.94	17.21	15.39
Short-Term Debt	-	184.41	147.7	95.78	69.5
Current Portion of Long-Term Debt	-	2.13	-	-	-
Current Portion of Leases	-	2.38	2.12	2.45	2.31
Current Income Taxes Payable	-	2.23	0.52	0.75	1.78
Current Unearned Revenue	-	14.3	8.4	7.68	17.06
Other Current Liabilities	-	25.36	25.18	23.64	23.04
Total Current Liabilities	-	457.76	375.15	292.8	310.79
Long-Term Debt	-	8.51	-	-	-
Long-Term Leases	-	14.99	14.01	8.67	10.58
Long-Term Unearned Revenue	-	14.98	9.82	21.64	7.06
Long-Term Deferred Tax Liabilities	-	4.21	4.19	2.93	1.09
Total Liabilities	-	500.45	403.17	326.04	329.53
Common Stock	-	103.66	103.66	103.66	103.66
Additional Paid-In Capital	-	651.45	651.45	651.45	651.47
Retained Earnings	-	450.74	412.09	377.71	347.14
Comprehensive Income & Other	-	1.41	-3.12	-11.35	-10.55
Total Common Equity	1,248	1,207	1,164	1,121	1,092
Minority Interest	-	14.55	13.7	11.07	-0.02
Shareholders' Equity	1,264	1,222	1,178	1,133	1,092
Total Liabilities & Equity	-	1,722	1,581	1,459	1,421
Total Debt	219.5	212.42	163.83	106.91	82.38
Net Cash (Debt)	138.85	91.58	151.36	215.63	305.53
Net Cash Growth	51.62%	-39.50%	-29.80%	-29.43%	336.82%
Net Cash Per Share	1.33	0.88	1.46	2.06	3.16
Filing Date Shares Outstanding	103.66	103.66	103.66	103.66	103.66
Total Common Shares Outstanding	103.66	103.66	103.66	103.66	103.66
Working Capital	-	744.43	703.64	756.64	773.96
Book Value Per Share	12.04	11.65	11.23	10.82	10.53
Tangible Book Value	1,184	1,144	1,101	1,057	1,027
Tangible Book Value Per Share	11.42	11.04	10.62	10.20	9.90
Buildings	-	300.11	284.92	177.75	178.56
Machinery	-	287.43	225.53	186.5	177.23
Construction In Progress	-	19.01	34.41	86.36	18.2

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