GRIPM 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	209.08	291.06	230	247.18	180.89	105.11
Short-Term Investments	-	10	80.44	70	50	-
Trading Asset Securities	149.28	2.93	4.76	5.36	157.03	0.51
Cash & Short-Term Investments	358.35	304	315.19	322.54	387.92	105.61
Cash Growth	107.11%	-3.55%	-2.28%	-16.85%	267.30%	-35.25%
Accounts Receivable	740.33	542.22	486.92	464.56	423.97	329.45
Other Receivables	1.75	2.09	2.97	3.96	17.65	51.77
Receivables	742.09	544.3	489.89	468.52	441.62	381.21
Inventory	306.4	306.98	242.12	211.89	201.77	137.46
Prepaid Expenses	-	-	-	-	6.44	2.95
Other Current Assets	228.43	46.9	31.6	46.5	47.01	56.46
Total Current Assets	1,635	1,202	1,079	1,049	1,085	683.7
Property, Plant & Equipment	433.29	442.47	407.66	310.65	257.8	222.22
Goodwill	3.45	3.45	3.45	3.45	3.45	3.45
Other Intangible Assets	60.42	59.78	59.53	61.18	61.64	64.74
Long-Term Deferred Tax Assets	5.15	5.14	5.33	4.94	2.17	1.93
Long-Term Deferred Charges	5.16	6.47	8.57	9.6	10.39	14.79
Other Long-Term Assets	6.02	2.76	17.61	19.32	1.03	3.25
Total Assets	2,149	1,722	1,581	1,459	1,421	994.09
Accounts Payable	274.62	210.58	172.28	145.28	181.72	124.45
Accrued Expenses	17.37	16.37	18.94	17.21	15.39	15.77
Short-Term Debt	202.97	184.41	147.7	95.78	69.5	35.67
Current Portion of Long-Term Debt	2.01	2.13	-	-	-	-
Current Portion of Leases	-	2.38	2.12	2.45	2.31	-
Current Income Taxes Payable	12.89	2.23	0.52	0.75	1.78	11.63
Current Unearned Revenue	15.14	14.3	8.4	7.68	17.06	22
Other Current Liabilities	323.54	25.36	25.18	23.64	23.04	23.43
Total Current Liabilities	848.55	457.76	375.15	292.8	310.79	232.95
Long-Term Debt	-	8.51	-	-	-	-
Long-Term Leases	14.52	14.99	14.01	8.67	10.58	-
Long-Term Unearned Revenue	17.6	14.98	9.82	21.64	7.06	13.76
Long-Term Deferred Tax Liabilities	4.52	4.21	4.19	2.93	1.09	1.13
Total Liabilities	885.18	500.45	403.17	326.04	329.53	247.84
Common Stock	103.66	103.66	103.66	103.66	103.66	73.66
Additional Paid-In Capital	651.45	651.45	651.45	651.45	651.47	397.53
Retained Earnings	481.67	450.74	412.09	377.71	347.14	281.46
Comprehensive Income & Other	10.94	1.41	-3.12	-11.35	-10.55	-6.4
Total Common Equity	1,248	1,207	1,164	1,121	1,092	746.25
Minority Interest	15.86	14.55	13.7	11.07	-0.02	-
Shareholders' Equity	1,264	1,222	1,178	1,133	1,092	746.25
Total Liabilities & Equity	2,149	1,722	1,581	1,459	1,421	994.09
Total Debt	219.5	212.42	163.83	106.91	82.38	35.67
Net Cash (Debt)	138.85	91.58	151.36	215.63	305.53	69.94
Net Cash Growth	-	-39.50%	-29.80%	-29.43%	336.82%	-37.80%
Net Cash Per Share	1.33	0.88	1.46	2.06	3.16	0.95
Filing Date Shares Outstanding	103.66	103.66	103.66	103.66	103.66	73.66
Total Common Shares Outstanding	103.66	103.66	103.66	103.66	103.66	73.66
Working Capital	786.72	744.43	703.64	756.64	773.96	450.75
Book Value Per Share	12.04	11.65	11.23	10.82	10.53	10.13
Tangible Book Value	1,184	1,144	1,101	1,057	1,027	678.06
Tangible Book Value Per Share	11.42	11.04	10.62	10.20	9.90	9.21
Buildings	-	300.11	284.92	177.75	178.56	173.65
Machinery	-	287.43	225.53	186.5	177.23	154.37
Construction In Progress	-	19.01	34.41	86.36	18.2	3.48

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