GrandiT 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	1,540	1,586	1,571	351.43	405.95	374.11
Short-Term Investments	-	-	-	-	30	-
Trading Asset Securities	4.46	3.64	163.98	39.76	61.26	150.95
Cash & Short-Term Investments	1,544	1,590	1,735	391.18	497.21	525.06
Cash Growth	-1.92%	-8.37%	343.51%	-21.32%	-5.30%	-8.39%
Accounts Receivable	337.55	335.38	277.19	234.86	190.75	107
Other Receivables	3.39	3.2	3.46	25.57	20.36	16.86
Receivables	340.94	338.58	280.65	260.43	211.11	123.86
Inventory	240.68	223.65	194.02	136.73	65.68	36.46
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	59.3	65.91	74.05	23.77	16.54	3.49
Total Current Assets	2,185	2,218	2,284	812.12	790.53	688.87
Property, Plant & Equipment	1,690	1,575	1,521	1,228	807.8	571.25
Long-Term Investments	91.15	66.81	13.4	13.36	13.46	13.98
Goodwill	64.46	64.46	64.46	64.46	64.46	64.46
Other Intangible Assets	70.87	76.25	64.91	71.22	57.9	48.3
Long-Term Deferred Tax Assets	12.26	10.3	10.88	4.89	4.15	3.74
Long-Term Deferred Charges	2.96	2.85	3.09	2.81	1.48	-
Other Long-Term Assets	2.9	0.56	-	-	-	-
Total Assets	4,120	4,014	3,961	2,197	1,740	1,391
Accounts Payable	634.75	567.47	577.41	519.91	265.2	152.89
Accrued Expenses	14.57	23.53	22.09	17.51	23.06	15.03
Short-Term Debt	108.08	93.07	35.67	183.14	9.52	9.01
Current Portion of Long-Term Debt	14.23	12.51	20.02	0.12	-	-
Current Portion of Leases	-	0.14	1.69	1.63	1.76	-
Current Income Taxes Payable	20.71	-	0.44	1.24	3	0.06
Current Unearned Revenue	5.3	2.65	12	1.69	1.71	0.62
Other Current Liabilities	30.84	35.12	13.33	8.37	90	38.65
Total Current Liabilities	828.48	734.48	682.65	733.61	394.25	216.26
Long-Term Debt	50.9	65.05	71.63	93.6	-	-
Long-Term Leases	-	-	0.15	1.61	3.16	-
Long-Term Unearned Revenue	105.63	93.9	85.57	81.66	64.42	57
Long-Term Deferred Tax Liabilities	7.82	8.64	9.37	11.23	9.55	9.25
Total Liabilities	992.84	902.07	849.38	921.71	471.38	282.51
Common Stock	1,477	1,477	1,477	1,108	1,108	1,000
Additional Paid-In Capital	1,505	1,505	1,502	48.11	38.42	-
Retained Earnings	58.93	41.11	45.87	32.17	21.65	3.37
Comprehensive Income & Other	8.24	6.54	5.49	6.73	3.86	4.08
Total Common Equity	3,049	3,030	3,031	1,195	1,172	1,007
Minority Interest	78.19	82.32	81.15	80.3	96.52	100.63
Shareholders' Equity	3,127	3,112	3,112	1,275	1,268	1,108
Total Liabilities & Equity	4,120	4,014	3,961	2,197	1,740	1,391
Total Debt	173.21	170.77	129.17	280.1	14.44	9.01
Net Cash (Debt)	1,371	1,419	1,606	111.09	482.77	516.05
Net Cash Growth	-2.27%	-11.64%	1345.50%	-76.99%	-6.45%	-9.97%
Net Cash Per Share	0.96	0.99	1.29	0.11	0.45	0.52
Filing Date Shares Outstanding	1,477	1,477	1,477	1,108	1,081	1,000
Total Common Shares Outstanding	1,477	1,477	1,477	1,108	1,081	1,000
Working Capital	1,357	1,483	1,601	78.51	396.28	472.6
Book Value Per Share	2.06	2.05	2.05	1.08	1.08	1.01
Tangible Book Value	2,914	2,889	2,901	1,059	1,050	894.69
Tangible Book Value Per Share	1.97	1.96	1.96	0.96	0.97	0.89
Buildings	-	271.06	231.73	134.74	118.97	59.95
Machinery	-	1,577	1,439	1,075	705.69	431.98
Construction In Progress	-	296.76	275.65	327.08	205.52	250.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.