China Mining International (BHD) Q3 2025 earnings summary

Executive summary

• 9M 2025 loss from continuing operations was RMB 6.349m, versus RMB 8.586m in 9M 2024; no revenue was recorded in Q3 after agricultural farmland was returned.

• Going-concern plans rely on proposed RMB 10m private-placement funding, creditor negotiations, potential value realization from the mine investment, cost reductions and controlling-shareholder support.

Financial highlights

• 9M loss before tax was RMB 6.324m versus RMB 8.586m; loss attributable to equity holders was RMB 4.451m versus RMB 6.733m.

• One-off impairment charges included RMB 1.214m on trade receivables and RMB 1.236m on property, plant and equipment; finance expense was RMB 1.001m versus RMB 3.081m.

• Operating cash outflow was RMB 1.553m versus RMB 5.500m; financing generated RMB 1.228m, and period-end cash was RMB 602,000.

Outlook and guidance

• Plans include seeking RMB 10m in private-placement equity to fund business development over the next two financial years and exploring new revenue streams and partnerships.

• Loan 3 was restructured into 36 instalments through April 2028; negotiations with creditors continue, including regarding the Zhongyuan Bank Zhengzhou Branch loan dispute.

• Seeking buyers or strategic partners for the 40.15% Huixin Mining International Pty Limited investment; cost cuts and disposal of dormant holding companies are also planned.