Shandong Jinling 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	152.27	208.59	2,135	2,128	1,771	1,393
Trading Asset Securities	301.52	120.06	-	-	-	-
Cash & Short-Term Investments	453.79	328.65	2,135	2,128	1,771	1,393
Cash Growth	-78.52%	-84.60%	0.32%	20.15%	27.09%	40.91%
Accounts Receivable	198.15	315.11	160.75	84.85	202.56	370.69
Other Receivables	16.96	13.87	6.64	1.62	2.14	0.73
Receivables	215.12	328.98	167.39	86.47	204.7	371.41
Inventory	66.5	49.5	90.12	63.06	59.64	60.16
Other Current Assets	71.07	42	7.98	18.39	17.51	14.28
Total Current Assets	806.48	749.13	2,400	2,296	2,053	1,839
Property, Plant & Equipment	396.03	385.77	342.08	316.47	279.68	276.76
Long-Term Investments	827.39	2,686	851.5	887.59	916.94	987.53
Other Intangible Assets	255.72	257.7	282.21	238.06	246.34	254.79
Long-Term Deferred Tax Assets	8.33	8.33	18.83	19.35	29.92	25.13
Other Long-Term Assets	1,718	3.21	3.08	2.98	3.28	4.17
Total Assets	4,012	4,090	3,898	3,760	3,529	3,388
Accounts Payable	101.38	117.38	72.75	82.51	59.52	61.64
Accrued Expenses	54.16	88.3	107.32	87.93	102.84	104.14
Short-Term Debt	-	46	-	1	1	1
Current Portion of Leases	1.22	1.22	1.25	-	-	-
Current Income Taxes Payable	9	2.27	3.94	7.86	-	11.47
Current Unearned Revenue	26.5	23.35	17.31	37.35	16.61	22.4
Other Current Liabilities	75.94	107.01	120.25	31.31	27.83	31.22
Total Current Liabilities	268.2	385.52	322.81	247.96	207.8	231.88
Long-Term Leases	2.34	2.3	3.44	-	-	-
Long-Term Unearned Revenue	6.13	1.13	1.29	1.45	1.62	1.78
Pension & Post-Retirement Benefits	-	137.61	151.74	164.99	181.91	198.25
Long-Term Deferred Tax Liabilities	5.71	5.35	5.38	4.59	6.78	5.22
Other Long-Term Liabilities	147.56	12.57	13.54	34.77	28.71	29.58
Total Liabilities	429.93	544.49	498.22	453.76	426.82	466.7
Common Stock	595.34	595.34	595.34	595.34	595.34	595.34
Additional Paid-In Capital	488	488	488	488	488	488
Retained Earnings	2,428	2,393	2,251	2,160	1,955	1,781
Comprehensive Income & Other	20.56	19.52	22.13	23.63	29.95	27.23
Total Common Equity	3,532	3,496	3,356	3,267	3,068	2,892
Minority Interest	49.71	49.12	43.29	39.43	34.34	29.22
Shareholders' Equity	3,582	3,545	3,400	3,306	3,102	2,921
Total Liabilities & Equity	4,012	4,090	3,898	3,760	3,529	3,388
Total Debt	3.55	49.52	4.69	1	1	1
Net Cash (Debt)	450.24	279.13	2,130	2,127	1,770	1,392
Net Cash Growth	-78.64%	-86.89%	0.15%	20.16%	27.11%	40.96%
Net Cash Per Share	0.76	0.47	3.58	3.57	2.97	2.34
Filing Date Shares Outstanding	595.34	595.34	595.34	595.34	595.34	595.34
Total Common Shares Outstanding	595.34	595.34	595.34	595.34	595.34	595.34
Working Capital	538.28	363.61	2,077	2,048	1,845	1,607
Book Value Per Share	5.93	5.87	5.64	5.49	5.15	4.86
Tangible Book Value	3,277	3,238	3,074	3,029	2,822	2,637
Tangible Book Value Per Share	5.50	5.44	5.16	5.09	4.74	4.43
Buildings	-	378.13	421.48	388.87	408.31	394.11
Machinery	-	373.02	368.59	366.72	329.82	322.44
Construction In Progress	-	93.44	38.87	28.63	8.62	12.34

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