Baiyin Nonferrous Group 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	12,621	9,545	9,151	5,067	4,444	5,076
Short-Term Investments	-	-	-	3,140	3,143	3,152
Trading Asset Securities	0.09	0.05	151.33	180.62	0.22	131.47
Cash & Short-Term Investments	12,621	9,545	9,302	8,387	7,587	8,360
Cash Growth	68.42%	2.61%	10.90%	10.55%	-9.24%	25.50%
Accounts Receivable	3,363	2,482	1,873	1,654	1,095	989.55
Other Receivables	2,380	477.57	454.68	441.12	429.78	472.42
Receivables	5,743	2,959	2,327	2,095	1,525	1,462
Inventory	20,089	18,746	16,283	14,604	14,640	11,966
Prepaid Expenses	-	64.14	65.82	130.29	-	65.3
Other Current Assets	3,377	2,700	3,245	1,898	2,532	3,301
Total Current Assets	41,830	34,014	31,223	27,115	26,285	25,155
Property, Plant & Equipment	13,073	13,104	11,266	11,815	11,192	10,604
Long-Term Investments	1,777	1,738	1,630	1,710	1,817	2,755
Goodwill	803.11	816.71	570.43	562.86	555.87	510.55
Other Intangible Assets	5,769	5,941	5,156	5,679	5,932	5,902
Long-Term Deferred Tax Assets	386.21	442.27	466.93	712.08	639.27	496.07
Long-Term Deferred Charges	106.29	107.73	90.95	75.07	34.57	19.61
Other Long-Term Assets	62.61	97.19	189.85	205.97	207.5	208.21
Total Assets	63,807	56,260	50,594	47,875	46,663	45,650
Accounts Payable	5,865	6,326	5,117	4,785	4,711	3,599
Accrued Expenses	315.35	669.37	668.36	438.43	391.25	414.79
Short-Term Debt	10,904	7,759	8,208	11,319	8,534	8,277
Current Portion of Long-Term Debt	3,026	3,259	4,718	2,775	4,568	4,037
Current Portion of Leases	-	1.98	2.55	7.52	6.81	1,789
Current Income Taxes Payable	620.41	203.16	67.85	22.24	43.57	214.82
Current Unearned Revenue	2,741	567.9	1,047	1,382	1,026	897.18
Other Current Liabilities	7,081	7,721	4,666	2,158	2,645	760.27
Total Current Liabilities	30,552	26,507	24,495	22,887	21,925	19,990
Long-Term Debt	12,699	10,865	6,198	5,679	4,865	6,735
Long-Term Leases	13.83	44.72	2.01	5.06	6.01	10.58
Long-Term Unearned Revenue	323.26	331.59	347.76	371.85	439.24	503.98
Long-Term Deferred Tax Liabilities	318.25	371.86	330.55	548.25	673.79	777.93
Other Long-Term Liabilities	702.88	649.77	808.1	875.2	911.21	847.17
Total Liabilities	44,609	38,771	32,182	30,366	28,820	28,865
Common Stock	7,405	7,405	7,405	7,405	7,405	7,405
Additional Paid-In Capital	3,755	3,755	3,755	3,755	3,755	3,755
Retained Earnings	5,100	4,950	5,734	5,679	5,700	5,104
Comprehensive Income & Other	-364.66	-1,594	-1,358	-1,998	-1,660	-2,032
Total Common Equity	15,895	14,516	15,537	14,841	15,200	14,232
Minority Interest	3,302	2,973	2,875	2,668	2,643	2,553
Shareholders' Equity	19,198	17,489	18,412	17,509	17,843	16,785
Total Liabilities & Equity	63,807	56,260	50,594	47,875	46,663	45,650
Total Debt	26,643	21,930	19,129	19,786	17,980	20,850
Net Cash (Debt)	-14,022	-12,385	-9,827	-11,398	-10,393	-12,490
Net Cash Per Share	-1.88	-1.67	-1.34	-1.58	-1.25	-1.68
Filing Date Shares Outstanding	7,405	7,405	7,405	7,405	7,405	7,405
Total Common Shares Outstanding	7,405	7,405	7,405	7,405	7,405	7,405
Working Capital	11,278	7,507	6,728	4,228	4,360	5,165
Book Value Per Share	2.15	1.96	2.10	2.00	2.05	1.92
Tangible Book Value	9,323	7,759	9,810	8,599	8,712	7,820
Tangible Book Value Per Share	1.26	1.05	1.32	1.16	1.18	1.06
Buildings	-	11,185	9,623	9,428	8,525	8,112
Machinery	-	11,543	9,496	10,101	9,711	9,098
Construction In Progress	-	1,855	1,934	1,889	1,766	1,119

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