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 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	221.15	210.58	291.06	230	247.18	180.89
Short-Term Investments	-	-	10	80.44	70	50
Trading Asset Securities	3.54	104.24	2.93	4.76	5.36	157.03
Cash & Short-Term Investments	224.69	314.82	304	315.19	322.54	387.92
Cash Growth	66.93%	3.56%	-3.55%	-2.28%	-16.85%	267.30%
Accounts Receivable	905.1	695.1	542.22	486.92	464.56	423.97
Other Receivables	5.79	3.89	2.09	2.97	3.96	17.65
Receivables	910.89	698.98	544.3	489.89	468.52	441.62
Inventory	438.89	352.93	306.98	242.12	211.89	201.77
Prepaid Expenses	-	-	-	-	-	6.44
Other Current Assets	273.35	249.62	46.9	31.6	46.5	47.01
Total Current Assets	1,848	1,616	1,202	1,079	1,049	1,085
Property, Plant & Equipment	428.21	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	70.1	71.96	59.78	59.53	61.18	61.64
Long-Term Deferred Tax Assets	6.93	6.56	5.14	5.33	4.94	2.17
Long-Term Deferred Charges	8.34	8.85	6.47	8.57	9.6	10.39
Other Long-Term Assets	16.55	3.69	2.76	17.61	19.32	1.03
Total Assets	2,381	2,145	1,722	1,581	1,459	1,421
Accounts Payable	313.64	227.87	210.58	172.28	145.28	181.72
Accrued Expenses	16.08	11.58	16.37	18.94	17.21	15.39
Short-Term Debt	325.43	225.37	184.41	147.7	95.78	69.5
Current Portion of Long-Term Debt	1.85	2.19	2.13	-	-	-
Current Portion of Leases	-	-	2.38	2.12	2.45	2.31
Current Income Taxes Payable	12.64	8.74	2.23	0.52	0.75	1.78
Current Unearned Revenue	30.72	23.05	14.3	8.4	7.68	17.06
Other Current Liabilities	332.05	324.03	25.36	25.18	23.64	23.04
Total Current Liabilities	1,032	822.82	457.76	375.15	292.8	310.79
Long-Term Debt	-	-	8.51	-	-	-
Long-Term Leases	16.14	15.93	14.99	14.01	8.67	10.58
Long-Term Unearned Revenue	16.63	15.84	14.98	9.82	21.64	7.06
Long-Term Deferred Tax Liabilities	5.05	5.04	4.21	4.19	2.93	1.09
Total Liabilities	1,070	859.63	500.45	403.17	326.04	329.53
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	530.23	499.94	450.74	412.09	377.71	347.14
Comprehensive Income & Other	1.97	9.39	1.41	-3.12	-11.35	-10.55
Total Common Equity	1,287	1,264	1,207	1,164	1,121	1,092
Minority Interest	23.85	20.69	14.55	13.7	11.07	-0.02
Shareholders' Equity	1,311	1,285	1,222	1,178	1,133	1,092
Total Liabilities & Equity	2,381	2,145	1,722	1,581	1,459	1,421
Total Debt	343.42	243.49	212.42	163.83	106.91	82.38
Net Cash (Debt)	-118.73	71.33	91.58	151.36	215.63	305.53
Net Cash Growth	-	-22.11%	-39.50%	-29.80%	-29.43%	336.82%
Net Cash Per Share	-1.13	0.68	0.88	1.46	2.06	3.16
Filing Date Shares Outstanding	104.45	103.66	103.66	103.66	103.66	103.66
Total Common Shares Outstanding	104.45	103.66	103.66	103.66	103.66	103.66
Working Capital	815.4	793.54	744.43	703.64	756.64	773.96
Book Value Per Share	12.32	12.20	11.65	11.23	10.82	10.53
Tangible Book Value	1,214	1,189	1,144	1,101	1,057	1,027
Tangible Book Value Per Share	11.62	11.47	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.