CITIC Metal Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	10,587	7,111	6,201	5,925	2,965	4,522
Short-Term Investments	1,000	708.3	70	-	-	-
Cash & Short-Term Investments	11,587	7,819	6,271	5,925	2,965	4,522
Cash Growth	70.82%	24.69%	5.84%	99.83%	-34.43%	23.46%
Accounts Receivable	3,773	5,289	4,007	4,440	4,951	3,536
Other Receivables	640.87	2,575	945.21	1,108	769.41	397.77
Receivables	4,414	7,865	4,952	5,548	5,720	3,934
Inventory	10,996	16,607	11,448	11,977	10,127	9,848
Prepaid Expenses	1.16	6.69	4.33	1.68	23.99	176.18
Other Current Assets	3,437	4,319	4,266	2,158	2,387	3,484
Total Current Assets	30,436	36,617	26,941	25,610	21,223	21,965
Property, Plant & Equipment	56.15	52.2	20.57	33.56	80.24	838.01
Long-Term Investments	21,521	20,655	20,659	18,459	16,588	14,105
Other Intangible Assets	21.91	21.69	18.8	18.62	10.74	12.01
Long-Term Accounts Receivable	-	7.85	72.26	-	730	1,342
Long-Term Deferred Tax Assets	19.32	21.47	21.13	26.85	18.83	43.42
Long-Term Deferred Charges	14.47	8.85	1.35	1.71	2.43	3.6
Other Long-Term Assets	34.37	34.37	34.24	41.06	41.67	28.49
Total Assets	52,439	57,754	48,089	44,487	38,966	38,570

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	16,253	14,769	9,255	8,560	7,594	8,683
Accrued Expenses	712.42	596.23	520.42	512.77	531.12	397.73
Short-Term Debt	2,245	6,929	8,015	8,527	7,338	7,484
Current Portion of Long-Term Debt	4,712	5,005	1,436	2,482	2,230	1,002
Current Portion of Leases	83.14	92	143.25	680.05	768.06	223.44
Current Income Taxes Payable	157.04	94.08	164.22	30.74	62.36	99.58
Current Unearned Revenue	823.25	833.48	744.3	575.35	855.65	1,622
Other Current Liabilities	725.76	2,895	298.42	541.35	768.99	973.06
Total Current Liabilities	25,712	31,215	20,576	21,909	20,149	20,485
Long-Term Debt	647.04	2,252	4,845	3,112	3,897	4,967
Long-Term Leases	15.47	26.51	65.62	4.03	692.61	2,035
Long-Term Unearned Revenue	44.94	44.94	44.94	0.01	0.01	0.01
Pension & Post-Retirement Benefits	51.07	53.85	55.74	49.08	49.39	43.79
Long-Term Deferred Tax Liabilities	1,012	732.87	402.06	200.52	139.91	77.09
Other Long-Term Liabilities	189.04	189.68	145.35	95.43	66.96	62.57
Total Liabilities	27,672	34,515	26,135	25,370	24,995	27,671

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	4,900	4,900	4,900	4,900	4,399	4,399
Additional Paid-In Capital	6,029	6,018	5,661	4,469	1,313	1,314
Retained Earnings	13,963	11,785	10,502	8,999	7,677	5,561
Comprehensive Income & Other	-125.05	534.8	890.59	748.79	583.32	-375.29
Shareholders' Equity	24,767	23,238	21,954	19,117	13,971	10,899
Total Liabilities & Equity	52,439	57,754	48,089	44,487	38,966	38,570

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	7,703	14,305	14,505	14,805	14,926	15,712
Net Cash (Debt)	3,884	-6,486	-8,234	-8,880	-11,961	-11,190
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.79	-1.33	-1.69	-1.86	-2.70	-2.54
Filing Date Shares Outstanding	4,900	4,900	4,900	4,900	4,399	4,399
Total Common Shares Outstanding	4,900	4,900	4,900	4,900	4,399	4,399
Working Capital	4,724	5,402	6,365	3,702	1,074	1,480
Book Value Per Share	5.05	4.74	4.48	3.90	3.18	2.48
Tangible Book Value	24,745	23,217	21,935	19,098	13,961	10,887
Tangible Book Value Per Share	5.05	4.74	4.48	3.90	3.17	2.47
Machinery	-	-	-	-	-	15.66
Construction In Progress	-	-	-	-	-	7.76