Tibet Huayu Mining 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	628.73	554.93	298.25	174.75	195.71	78.96
Trading Asset Securities	-	-	100.03	-	-	-
Cash & Short-Term Investments	628.73	554.93	398.29	174.75	195.71	78.96
Cash Growth	71.58%	39.33%	127.92%	-10.71%	147.86%	141.08%
Accounts Receivable	58.74	68.72	107.48	0.73	0.64	147.68
Other Receivables	7.92	3.18	15.72	11.1	1.57	2.87
Receivables	66.66	71.9	123.2	11.83	2.22	150.55
Inventory	604.47	504.74	369.29	267.68	177.54	64.89
Prepaid Expenses	24.47	-	0.05	0.18	-	-
Other Current Assets	38.35	52.26	40.24	25.26	19.37	15.09
Total Current Assets	1,363	1,184	931.07	479.69	394.84	309.49
Property, Plant & Equipment	2,513	2,548	2,227	2,239	2,307	2,018
Long-Term Investments	1	1	447.59	473.62	479.1	495.29
Goodwill	201.11	201.11	-	-	-	-
Other Intangible Assets	6,287	6,313	2,055	2,148	2,112	2,143
Long-Term Deferred Tax Assets	9.64	9.69	12.12	15.79	15.71	12.05
Long-Term Deferred Charges	69.78	62.84	54.99	48.07	0.61	2.56
Other Long-Term Assets	100.07	76.08	57.86	15.46	10.96	20.58
Total Assets	10,545	10,396	5,786	5,420	5,320	5,002
Accounts Payable	366.76	425.1	317.97	298.26	539.47	3.84
Accrued Expenses	162.44	50.52	78.85	66.92	40.43	51.25
Short-Term Debt	666.33	386.79	80.08	125.2	305.6	476.81
Current Portion of Long-Term Debt	-	268.6	216.32	212.67	74.8	128
Current Portion of Leases	-	-	1.45	0.47	0.9	1.19
Current Income Taxes Payable	-	170.73	82.23	8.95	18.23	7.43
Current Unearned Revenue	107.25	216.81	169.07	218.44	179.41	61.35
Other Current Liabilities	1,016	976.77	212.91	200.76	51.5	293.14
Total Current Liabilities	2,318	2,495	1,159	1,132	1,210	1,023
Long-Term Debt	715.7	420.03	167.84	455.5	406.46	439.96
Long-Term Leases	3.91	4.14	37.48	4.94	6.15	0.83
Long-Term Unearned Revenue	20.28	16.97	21.82	23.94	21.14	-
Long-Term Deferred Tax Liabilities	635.8	636.36	103.39	108.09	110.58	118.75
Other Long-Term Liabilities	433.76	349.12	207.54	191.86	79.52	85.33
Total Liabilities	4,128	3,922	1,697	1,916	1,834	1,668
Common Stock	819.96	819.96	819.96	787.3	562.33	555.31
Additional Paid-In Capital	-	726.86	726.83	479.44	704.1	638.11
Retained Earnings	2,735	2,705	1,867	1,636	1,562	1,416
Comprehensive Income & Other	744.81	74.94	-42.88	-6.68	24.17	70.35
Total Common Equity	4,300	4,327	3,371	2,896	2,853	2,680
Minority Interest	2,117	2,147	717.97	607.18	632.98	653.79
Shareholders' Equity	6,417	6,474	4,089	3,504	3,486	3,334
Total Liabilities & Equity	10,545	10,396	5,786	5,420	5,320	5,002
Total Debt	1,386	1,080	503.17	798.77	793.91	1,047
Net Cash (Debt)	-757.21	-524.63	-104.88	-624.02	-598.2	-967.83
Net Cash Per Share	-0.92	-0.64	-0.13	-0.76	-0.77	-1.24
Filing Date Shares Outstanding	763.94	832.63	819.96	787.3	787.26	777.44
Total Common Shares Outstanding	763.94	832.63	819.96	787.3	787.26	777.44
Working Capital	-955.76	-1,311	-227.81	-651.96	-815.49	-713.52
Book Value Per Share	5.63	5.20	4.11	3.68	3.62	3.45
Tangible Book Value	-2,188	-2,187	1,315	748.63	741.03	536.57
Tangible Book Value Per Share	-2.86	-2.63	1.60	0.95	0.94	0.69
Buildings	-	-	1,629	1,592	1,426	1,199
Machinery	-	-	501.29	462.19	434.99	273.17
Construction In Progress	-	-	175.63	192.94	658.31	696.62

Source: S&P Global Market Intelligence. Standard template. Financial Sources.