Dazhong 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	984.19	503.73	648.54	324.7	2,876	665.29
Trading Asset Securities	-	-	-	0	-	-
Cash & Short-Term Investments	984.19	503.73	648.54	324.7	2,876	665.29
Cash Growth	55.35%	-22.33%	99.73%	-88.71%	332.27%	135.01%
Accounts Receivable	563.33	243.04	85.77	237.28	223.58	247.88
Other Receivables	115.68	90.76	138.89	121.96	85.37	41.41
Receivables	679.01	333.79	224.66	359.23	308.95	289.29
Inventory	901.94	682.71	708.3	494.66	650.56	377.07
Prepaid Expenses	-	6.23	-	-	-	-
Other Current Assets	255.98	219.66	169.84	120.42	205.63	452.91
Total Current Assets	2,821	1,746	1,751	1,299	4,041	1,785
Property, Plant & Equipment	6,643	6,659	5,579	4,819	4,193	3,408
Long-Term Investments	229.04	337.8	210.53	60.14	60.25	45
Goodwill	4.6	4.6	4.6	4.6	-	-
Other Intangible Assets	7,437	7,468	7,422	7,362	2,966	2,864
Long-Term Deferred Tax Assets	120.59	98.34	79.75	85.75	61.95	65.53
Long-Term Deferred Charges	314.02	291.97	194.47	137.8	106.9	113.1
Other Long-Term Assets	1,013	431.97	175.6	289.45	248.15	73.93
Total Assets	18,582	17,037	15,417	14,057	11,677	8,354
Accounts Payable	669.01	669.57	774.68	532.55	459.21	369.45
Accrued Expenses	57.68	122.78	95.44	136.95	127.36	187.7
Short-Term Debt	3,407	3,930	2,252	2,654	1,168	635.78
Current Portion of Long-Term Debt	1,021	677.73	1,424	629.85	238.39	249.06
Current Portion of Leases	-	384.41	331.29	0.99	0.21	2.3
Current Income Taxes Payable	71.03	55.36	26.58	68.68	46.51	92.75
Current Unearned Revenue	42.57	39.8	29.17	40.02	68.22	66.37
Other Current Liabilities	1,814	235.21	261.41	433.89	322.26	71.38
Total Current Liabilities	7,082	6,115	5,195	4,497	2,430	1,675
Long-Term Debt	3,427	3,137	3,050	3,422	2,501	1,584
Long-Term Leases	393.36	274.06	458.62	0.87	0.24	8.22
Long-Term Unearned Revenue	62.01	59.93	50.81	52.97	40.89	16.99
Long-Term Deferred Tax Liabilities	64.52	62.64	64.48	67.64	11.83	6.58
Other Long-Term Liabilities	71.96	69.56	85.44	117.3	130.57	70.29
Total Liabilities	11,101	9,718	8,905	8,158	5,115	3,361
Common Stock	1,533	1,533	1,508	1,508	1,508	1,508
Additional Paid-In Capital	1,471	1,471	1,177	1,186	2,275	1,552
Retained Earnings	4,400	4,242	3,802	3,199	2,514	1,910
Treasury Stock	-138.52	-138.66	-268.86	-267.72	-	-
Comprehensive Income & Other	215.46	211.28	294.13	273	264.68	21.91
Total Common Equity	7,481	7,319	6,512	5,898	6,563	4,992
Minority Interest	-	-	-	1.5	-	-0
Shareholders' Equity	7,481	7,319	6,512	5,900	6,563	4,992
Total Liabilities & Equity	18,582	17,037	15,417	14,057	11,677	8,354
Total Debt	8,248	8,403	7,517	6,708	3,908	2,480
Net Cash (Debt)	-7,264	-7,900	-6,868	-6,383	-1,032	-1,814
Net Cash Per Share	-4.87	-5.37	-4.66	-4.25	-0.68	-1.26
Filing Date Shares Outstanding	1,521	1,521	1,487	1,487	1,508	1,508
Total Common Shares Outstanding	1,521	1,521	1,487	1,487	1,508	1,508
Working Capital	-4,261	-4,369	-3,444	-3,198	1,611	109.77
Book Value Per Share	4.92	4.81	4.38	3.97	4.35	3.31
Tangible Book Value	39.38	-153.04	-913.85	-1,468	3,596	2,129
Tangible Book Value Per Share	0.03	-0.10	-0.61	-0.99	2.38	1.41
Buildings	-	2,772	2,441	2,327	4,081	3,756
Machinery	-	3,063	2,724	2,466	2,117	1,616
Construction In Progress	-	1,360	1,079	535.2	464.78	108.85

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