Minmetals Development 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	3,506	2,914	1,972	2,554	2,852
Cash & Short-Term Investments	3,506	2,914	1,972	2,554	2,852
Cash Growth	20.32%	47.79%	-22.80%	-10.45%	76.14%
Accounts Receivable	9,166	10,759	10,714	9,537	7,929
Other Receivables	759.88	2,157	1,846	1,296	1,502
Receivables	9,926	12,953	12,615	10,906	9,757
Inventory	2,499	2,552	2,746	3,489	4,306
Prepaid Expenses	-	32.57	20.29	25.94	26.37
Other Current Assets	4,020	2,577	2,313	3,121	2,808
Total Current Assets	19,952	21,029	19,667	20,096	19,750
Property, Plant & Equipment	1,107	1,142	1,312	1,122	1,177
Long-Term Investments	321.32	370.31	413.29	460.13	504.42
Other Intangible Assets	648.93	456.06	455.63	559.78	565.06
Long-Term Deferred Tax Assets	406.7	523.09	561.75	674.55	674.67
Long-Term Deferred Charges	47.25	61.34	36.46	22.76	26.44
Other Long-Term Assets	234.83	326.27	290.96	261.56	295.71
Total Assets	22,718	23,909	22,736	23,206	23,082
Accounts Payable	9,912	10,547	9,134	7,560	6,597
Accrued Expenses	224.22	466.84	498.75	896.06	509.58
Short-Term Debt	332.8	895.24	1,283	4,781	3,484
Current Portion of Long-Term Debt	63.46	26.65	407.5	520	18
Current Portion of Leases	-	41.84	54.6	43.58	32.49
Current Income Taxes Payable	125.58	44.65	66.91	90.31	43.41
Current Unearned Revenue	1,723	1,374	1,246	1,803	1,666
Other Current Liabilities	2,588	2,618	2,109	1,160	2,436
Total Current Liabilities	14,970	16,013	14,800	16,854	14,786
Long-Term Debt	24.5	16.78	37.25	730.5	526
Long-Term Leases	134.51	102.94	141.56	36.85	38.81
Long-Term Unearned Revenue	-	-	-	6.83	46.8
Long-Term Deferred Tax Liabilities	23.15	106.04	82.45	89.5	40.35
Other Long-Term Liabilities	18.78	17.16	17.69	384.12	363.1
Total Liabilities	15,170	16,256	15,079	18,102	15,801
Common Stock	1,072	1,072	1,072	1,072	1,072
Additional Paid-In Capital	4,187	4,220	4,219	4,358	4,195
Retained Earnings	-383.72	-365.5	-376.66	-493.44	-671.55
Comprehensive Income & Other	2,540	2,585	2,606	4.85	2,549
Total Common Equity	7,416	7,512	7,521	4,942	7,144
Minority Interest	131.11	140.26	136.82	162.29	137.03
Shareholders' Equity	7,547	7,652	7,658	5,104	7,281
Total Liabilities & Equity	22,718	23,909	22,736	23,206	23,082
Total Debt	555.26	1,083	1,924	6,112	4,099
Net Cash (Debt)	2,951	1,831	47.65	-3,558	-1,247
Net Cash Growth	61.20%	3741.83%	-	-	-
Net Cash Per Share	-	1.71	0.04	-1.94	-0.81
Filing Date Shares Outstanding	-	1,072	1,072	1,072	1,072
Total Common Shares Outstanding	-	1,072	1,072	1,072	1,072
Working Capital	4,982	5,016	4,867	3,242	4,964
Book Value Per Share	-	4.60	4.61	4.61	4.33
Tangible Book Value	6,767	7,056	7,065	4,382	6,579
Tangible Book Value Per Share	-	4.17	4.18	4.09	3.81
Buildings	-	1,315	1,307	1,146	1,152
Machinery	-	582.37	579.6	569.52	561.03
Construction In Progress	-	17.91	84.21	98.5	102.71

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.