China Silver Group Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	232.32	526.34	524.68	589.23	316.81
Cash & Short-Term Investments	232.32	526.34	524.68	589.23	316.81
Cash Growth	-55.86%	0.32%	-10.95%	85.99%	-73.44%
Accounts Receivable	2.27	55.14	57.06	20.86	23.51
Other Receivables	-	34.17	80.91	88.9	41.73
Receivables	2.27	89.31	137.97	109.75	65.23
Inventory	184.77	1,163	1,092	1,060	1,058
Restricted Cash	-	-	-	5.29	100.42
Other Current Assets	239.5	70.64	108.82	166.9	40
Total Current Assets	658.86	1,849	1,864	1,931	1,580
Property, Plant & Equipment	96.83	117.97	133.33	148.58	165.57
Long-Term Investments	1,106	-	0.01	7.35	7.38
Goodwill	-	-	12.48	12.48	-
Other Intangible Assets	1.02	6.8	8.91	34.32	97.21
Long-Term Deferred Tax Assets	0.34	4.93	4.71	6.3	8.63
Other Long-Term Assets	-	-	-	3.48	2.29
Total Assets	1,863	1,979	2,023	2,143	1,861
Accounts Payable	325.59	99.21	189.83	239.71	112.23
Accrued Expenses	-	18.97	15	13.7	10.89
Short-Term Debt	110	400.92	421.2	425.57	249.28
Current Portion of Leases	0.51	0.7	3.99	3.72	3.97
Current Income Taxes Payable	0.12	8.5	9.29	8.17	9.06
Current Unearned Revenue	0.71	6.29	4.3	19.19	21.71
Other Current Liabilities	93.21	224.16	135.7	160.24	192.95
Total Current Liabilities	530.14	758.75	779.31	870.3	600.09
Long-Term Leases	0.05	0.41	2.2	1.72	4.38
Long-Term Unearned Revenue	0.66	1.37	2.08	11.72	13.9
Long-Term Deferred Tax Liabilities	-	-	1.36	1.55	9.8
Total Liabilities	530.85	760.53	784.95	885.29	628.17
Common Stock	25.37	15.94	15.94	15.94	13.28
Additional Paid-In Capital	1,307	1,255	1,255	1,255	1,102
Retained Earnings	-	-1,005	-1,036	-1,050	-929.61
Comprehensive Income & Other	-	194.87	216.33	215.75	215.78
Total Common Equity	1,333	461.44	451.47	436.74	401.09
Minority Interest	-0.9	756.91	786.63	821.15	832.22
Shareholders' Equity	1,332	1,218	1,238	1,258	1,233
Total Liabilities & Equity	1,863	1,979	2,023	2,143	1,861
Total Debt	110.56	402.03	427.39	431.01	257.62
Net Cash (Debt)	121.75	124.31	97.29	158.22	59.18
Net Cash Growth	-2.06%	27.77%	-38.51%	167.34%	-93.77%
Net Cash Per Share	0.05	0.06	0.05	0.08	0.04
Filing Date Shares Outstanding	2,393	1,954	1,954	1,954	1,628
Total Common Shares Outstanding	2,393	1,954	1,954	1,954	1,628
Working Capital	128.71	1,090	1,084	1,060	980.32
Book Value Per Share	0.56	0.24	0.23	0.22	0.25
Tangible Book Value	1,332	454.64	430.09	389.94	303.88
Tangible Book Value Per Share	0.56	0.23	0.22	0.20	0.19
Buildings	-	154.16	154.16	156.01	145.54
Machinery	-	76.26	76.04	82.12	106
Construction In Progress	-	-	0.33	0.56	2.96
Leasehold Improvements	-	29.98	29.98	33.39	33.39

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