GRIPM Advanced Materials Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	255.19	210.58	291.06	230	247.18	180.89
Short-Term Investments	-	167.62	10	80.44	70	50
Trading Asset Securities	167.49	104.24	2.93	4.76	5.36	157.03
Cash & Short-Term Investments	422.67	482.43	304	315.19	322.54	387.92
Cash Growth	127.87%	58.70%	-3.55%	-2.28%	-16.85%	267.30%
Accounts Receivable	958.94	695.1	542.22	486.92	464.56	423.97
Other Receivables	2.04	3.89	2.09	2.97	3.96	17.65
Receivables	960.98	698.98	544.3	489.89	468.52	441.62
Inventory	432.5	352.93	306.98	242.12	211.89	201.77
Prepaid Expenses	-	-	-	-	-	6.44
Other Current Assets	194.56	82	46.9	31.6	46.5	47.01
Total Current Assets	2,011	1,616	1,202	1,079	1,049	1,085
Property, Plant & Equipment	432.03	433.88	442.47	407.66	310.65	257.8
Goodwill	3.45	3.45	3.45	3.45	3.45	3.45
Other Intangible Assets	68.87	71.96	59.78	59.53	61.18	61.64
Long-Term Deferred Tax Assets	7.05	6.56	5.14	5.33	4.94	2.17
Long-Term Deferred Charges	7.92	8.85	6.47	8.57	9.6	10.39
Other Long-Term Assets	17.17	3.69	2.76	17.61	19.32	1.03
Total Assets	2,547	2,145	1,722	1,581	1,459	1,421

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	404.46	227.87	210.58	172.28	145.28	181.72
Accrued Expenses	20.07	15.51	16.37	18.94	17.21	15.39
Short-Term Debt	387.61	225.37	184.41	147.7	95.78	69.5
Current Portion of Long-Term Debt	1.27	-	2.13	-	-	-
Current Portion of Leases	-	2.19	2.38	2.12	2.45	2.31
Current Income Taxes Payable	9.45	4.21	2.23	0.52	0.75	1.78
Current Unearned Revenue	24.55	23.05	14.3	8.4	7.68	17.06
Other Current Liabilities	324.85	324.63	25.36	25.18	23.64	23.04
Total Current Liabilities	1,172	822.82	457.76	375.15	292.8	310.79
Long-Term Debt	-	-	8.51	-	-	-
Long-Term Leases	16.49	15.93	14.99	14.01	8.67	10.58
Long-Term Unearned Revenue	26.67	15.84	14.98	9.82	21.64	7.06
Long-Term Deferred Tax Liabilities	4.72	5.04	4.21	4.19	2.93	1.09
Total Liabilities	1,220	859.63	500.45	403.17	326.04	329.53

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	103.66	103.66	103.66	103.66	103.66	103.66
Additional Paid-In Capital	651.45	651.45	651.45	651.45	651.45	651.47
Retained Earnings	530.73	499.94	450.74	412.09	377.71	347.14
Comprehensive Income & Other	-2.41	9.39	1.41	-3.12	-11.35	-10.55
Total Common Equity	1,283	1,264	1,207	1,164	1,121	1,092
Minority Interest	43.66	20.69	14.55	13.7	11.07	-0.02
Shareholders' Equity	1,327	1,285	1,222	1,178	1,133	1,092
Total Liabilities & Equity	2,547	2,145	1,722	1,581	1,459	1,421

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	405.37	243.49	212.42	163.83	106.91	82.38
Net Cash (Debt)	17.3	238.95	91.58	151.36	215.63	305.53
Net Cash Growth	-	160.92%	-39.50%	-29.80%	-29.43%	336.82%
Net Cash Per Share	0.17	2.29	0.88	1.46	2.06	3.16
Filing Date Shares Outstanding	104.42	103.66	103.66	103.66	103.66	103.66
Total Common Shares Outstanding	104.42	103.66	103.66	103.66	103.66	103.66
Working Capital	838.46	793.54	744.43	703.64	756.64	773.96
Book Value Per Share	12.29	12.20	11.65	11.23	10.82	10.53
Tangible Book Value	1,211	1,189	1,144	1,101	1,057	1,027
Tangible Book Value Per Share	11.60	11.47	11.04	10.62	10.20	9.90
Buildings	-	304.44	300.11	284.92	177.75	178.56
Machinery	-	325.18	287.43	225.53	186.5	177.23
Construction In Progress	-	5.05	19.01	34.41	86.36	18.2