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	Sep '26 Sep 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	197.4	210.58	291.06	230	247.18	180.89
Short-Term Investments	-	167.62	10	80.44	70	50
Trading Asset Securities	112.25	104.24	2.93	4.76	5.36	157.03
Cash & Short-Term Investments	309.65	482.43	304	315.19	322.54	387.92
Cash Growth	-13.59%	58.70%	-3.55%	-2.28%	-16.85%	267.30%
Accounts Receivable	1,045	695.1	542.22	486.92	464.56	423.97
Other Receivables	4.1	3.89	2.09	2.97	3.96	17.65
Receivables	1,049	698.98	544.3	489.89	468.52	441.62
Inventory	450.78	352.93	306.98	242.12	211.89	201.77
Prepaid Expenses	-	-	-	-	-	6.44
Other Current Assets	193.88	82	46.9	31.6	46.5	47.01
Total Current Assets	2,004	1,616	1,202	1,079	1,049	1,085
Property, Plant & Equipment	436.68	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	67.78	71.96	59.78	59.53	61.18	61.64
Long-Term Deferred Tax Assets	6.31	6.56	5.14	5.33	4.94	2.17
Long-Term Deferred Charges	7.51	8.85	6.47	8.57	9.6	10.39
Other Long-Term Assets	33.56	3.69	2.76	17.61	19.32	1.03
Total Assets	2,559	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	Sep '26 Sep 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	763.17	227.87	210.58	172.28	145.28	181.72
Accrued Expenses	27.56	15.51	16.37	18.94	17.21	15.39
Short-Term Debt	361.01	225.37	184.41	147.7	95.78	69.5
Current Portion of Long-Term Debt	-	-	2.13	-	-	-
Current Portion of Leases	-	2.19	2.38	2.12	2.45	2.31
Current Income Taxes Payable	-	4.21	2.23	0.52	0.75	1.78
Current Unearned Revenue	20.15	23.05	14.3	8.4	7.68	17.06
Other Current Liabilities	2.91	324.63	25.36	25.18	23.64	23.04
Total Current Liabilities	1,175	822.82	457.76	375.15	292.8	310.79
Long-Term Debt	-	-	8.51	-	-	-
Long-Term Leases	14.17	15.93	14.99	14.01	8.67	10.58
Long-Term Unearned Revenue	21.59	15.84	14.98	9.82	21.64	7.06
Long-Term Deferred Tax Liabilities	4.18	5.04	4.21	4.19	2.93	1.09
Total Liabilities	1,215	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	Sep '26 Sep 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	651.47
Retained Earnings	550.19	499.94	450.74	412.09	377.71	347.14
Comprehensive Income & Other	645.89	9.39	1.41	-3.12	-11.35	-10.55
Total Common Equity	1,300	1,264	1,207	1,164	1,121	1,092
Minority Interest	44.48	20.69	14.55	13.7	11.07	-0.02
Shareholders' Equity	1,344	1,285	1,222	1,178	1,133	1,092
Total Liabilities & Equity	2,559	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	Sep '26 Sep 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	375.19	243.49	212.42	163.83	106.91	82.38
Net Cash (Debt)	-65.53	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	-0.63	2.29	0.88	1.46	2.06	3.16
Filing Date Shares Outstanding	102.84	103.66	103.66	103.66	103.66	103.66
Total Common Shares Outstanding	102.84	103.66	103.66	103.66	103.66	103.66
Working Capital	828.89	793.54	744.43	703.64	756.64	773.96
Book Value Per Share	12.64	12.20	11.65	11.23	10.82	10.53
Tangible Book Value	1,229	1,189	1,144	1,101	1,057	1,027
Tangible Book Value Per Share	11.95	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