China Mining BHD
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+0.00% +0.00 Updated 30 Oct 2026, 17:08 SGT
Financials
Annual report
Explore the statements
7 tablesConsolidated Statement of Profit or Loss and Other Comprehensive Income (Group)
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, year ended 31 December 2024 | 2023Group, year ended 31 December 2023 | Source |
|---|---|---|---|
| Continuing operations | |||
| RevenueRMB'000 | - | 8,492 | PDF p. 69 |
| Cost of salesRMB'000 | - | (16,822) | PDF p. 69 |
| Gross lossRMB'000 | - | (8,330) | PDF p. 69 |
| Selling and distribution expensesRMB'000 | (38) | (1,491) | PDF p. 69 |
| General and administrative expensesRMB'000 | (9,455) | (14,603) | PDF p. 69 |
| Impairment loss on financial assetsRMB'000 | (36) | (973) | PDF p. 69 |
| Reversal of impairment loss on financial assetsRMB'000 | - | 522 | PDF p. 69 |
| Other incomeRMB'000 | 9,605 | 20,488 | PDF p. 69 |
| Other expensesRMB'000 | (75,182) | (74,706) | PDF p. 69 |
| Finance incomeRMB'000 | 13 | 98 | PDF p. 69 |
| Finance expenseRMB'000 | (3,244) | (2,200) | PDF p. 69 |
| Loss before taxRMB'000 | (78,337) | (81,195) | PDF p. 69 |
| Tax expenseRMB'000 | - | (299) | PDF p. 69 |
| Loss from continuing operationsRMB'000 | (78,337) | (81,494) | PDF p. 69 |
| Discontinued operations | |||
| Profit / (Loss) from discontinued operations, net of taxRMB'000 | 172 | (3,038) | PDF p. 69 |
| Loss for the yearRMB'000 | (78,165) | (84,532) | PDF p. 69 |
| Other comprehensive loss, net of tax - Items that will not be reclassified subsequently to profit or loss | |||
| Equity investment at FVOCI - net change in fair valueRMB'000 | (20,364) | (7,542) | PDF p. 69 |
| Other comprehensive loss, net of tax | |||
| Total comprehensive loss for the yearRMB'000 | (98,529) | (92,074) | PDF p. 69 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (56,663) | (55,302) | PDF p. 69 |
| Non-controlling interestsRMB'000 | (21,502) | (29,230) | PDF p. 69 |
| SubtotalRMB'000 | (78,165) | (84,532) | PDF p. 69 |
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Definitions & sources
Original report: PDF p. 69 ↗
Amounts in thousands of Chinese Renminbi (RMB’000). Continuing operations shown separately from discontinued operations.
Consolidated Statement of Profit or Loss and Other Comprehensive Income (Continued) - TCI attribution and loss per share (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, year ended 31 December 2024 | 2023Group, year ended 31 December 2023 | Source |
|---|---|---|---|
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (77,027) | (62,844) | PDF p. 70 |
| SubtotalRMB'000 | (98,529) | (92,074) | PDF p. 70 |
| Loss per share (RMB cents) | |||
| - Basic and dilutedRMB cents per share | (13.89) | (13.55) | PDF p. 70 |
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Definitions & sources
Original report: PDF p. 70 ↗
Amounts in RMB’000 except loss per share, which is in RMB cents. Page text is overprinted; rows reproduced from the extracted text.
Statements of Financial Position (Group and Company) - Assets and non-current liabilities
17 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, 31 December 2024 | 2023Group, 31 December 2023 | 2024Company, 31 December 2024 | 2023Company, 31 December 2023 | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Property, plant and equipmentRMB'000 | 5,943 | 23,676 | 4 | 5 | PDF p. 67 |
| Bearer plantsRMB'000 | - | 55,430 | - | - | PDF p. 67 |
| Right-of-use assetsRMB'000 | - | 34,580 | - | - | PDF p. 67 |
| Land use rightsRMB'000 | - | 36 | - | - | PDF p. 67 |
| Intangible assetsRMB'000 | 410 | 529 | - | - | PDF p. 67 |
| SubsidiariesRMB'000 | - | - | 151,112 | 151,112 | PDF p. 67 |
| Financial assets, at FVOCIRMB'000 | 28,861 | 49,225 | 28,861 | 49,225 | PDF p. 67 |
| Deferred tax assetsRMB'000 | - | - | - | - | PDF p. 67 |
| SubtotalRMB'000 | 35,214 | 163,476 | 179,977 | 200,342 | PDF p. 67 |
| Current assets | |||||
| InventoriesRMB'000 | 22 | 411 | - | - | PDF p. 67 |
| Trade receivablesRMB'000 | 1,223 | 1,466 | - | - | PDF p. 67 |
| Pledged bank depositsRMB'000 | - | 69 | - | - | PDF p. 67 |
| Cash and bank balancesRMB'000 | 959 | 7,353 | 361 | 786 | PDF p. 67 |
| SubtotalRMB'000 | 11,131 | 21,116 | 1,431 | 1,889 | PDF p. 67 |
| ASSETS | |||||
| TOTAL ASSETSRMB'000 | 46,345 | 184,592 | 181,408 | 202,231 | PDF p. 67 |
| Non-current liabilities | |||||
| BorrowingsRMB'000 | 2,411 | 36,994 | - | - | PDF p. 67 |
| SubtotalRMB'000 | 5,964 | 40,348 | - | - | PDF p. 67 |
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Definitions & sources
Original report: PDF p. 67 ↗
Amounts in thousands of Chinese Renminbi (RMB’000).
Statements of Financial Position (Continued) - Current liabilities, equity (Group and Company)
16 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, 31 December 2024 | 2023Group, 31 December 2023 | 2024Company, 31 December 2024 | 2023Company, 31 December 2023 | Source |
|---|---|---|---|---|---|
| Current liabilities | |||||
| Trade payablesRMB'000 | 2,602 | 3,257 | - | - | PDF p. 68 |
| Accruals and other payablesRMB'000 | 9,260 | 8,501 | 1,544 | 1,152 | PDF p. 68 |
| BorrowingsRMB'000 | 23,669 | 29,070 | - | - | PDF p. 68 |
| SubtotalRMB'000 | 38,314 | 43,648 | 1,544 | 122,261 | PDF p. 68 |
| LIABILITIES | |||||
| TOTAL LIABILITIESRMB'000 | 44,278 | 83,996 | 1,544 | 122,261 | PDF p. 68 |
| NET ASSETSRMB'000 | 2,067 | 100,596 | 179,864 | 79,970 | PDF p. 68 |
| EQUITY - Capital and reserves attributable to equity holders of the Company | |||||
| Issued capitalRMB'000 | 15,806 | 15,806 | 15,806 | 15,806 | PDF p. 68 |
| EQUITY | |||||
| Share premiumRMB'000 | 271,358 | 271,358 | 271,358 | 271,358 | PDF p. 68 |
| Treasury sharesRMB'000 | (18) | (18) | (18) | (18) | PDF p. 68 |
| Distributable reserveRMB'000 | 267,600 | 267,600 | 267,600 | 267,600 | PDF p. 68 |
| Capital reserveRMB'000 | 49,031 | 49,031 | - | - | PDF p. 68 |
| Fair value deficitRMB'000 | (41,570) | (21,206) | (41,570) | (21,206) | PDF p. 68 |
| Statutory reserveRMB'000 | 312 | 312 | - | - | PDF p. 68 |
| SubtotalRMB'000 | 7,685 | 84,712 | 179,864 | 79,970 | PDF p. 68 |
| Non-controlling interestsRMB'000 | (5,618) | 15,884 | - | - | PDF p. 68 |
| TOTAL EQUITYRMB'000 | 2,067 | 100,596 | 179,864 | 79,970 | PDF p. 68 |
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Definitions & sources
Original report: PDF p. 68 ↗
Amounts in thousands of Chinese Renminbi (RMB’000). Page text is overprinted/duplicated; rows reproduced from the extracted text.
Consolidated statement of profit or loss and other comprehensive income (Group)
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Profit or loss | |||
| Loss for the yearRMB’000 | (78,165) | (84,532) | PDF p. 69 |
| Other comprehensive loss, net of tax - items that will not be reclassified subsequently to profit or loss | |||
| Equity investment at FVOCI - net change in fair valueRMB’000 | (20,364) | (7,542) | PDF p. 69 |
| Total comprehensive loss | |||
| Total comprehensive loss for the yearRMB’000 | (98,529) | (92,074) | PDF p. 69 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB’000 | (56,663) | (55,302) | PDF p. 69 |
| Non-controlling interestsRMB’000 | (21,502) | (29,230) | PDF p. 69 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyRMB’000 | (77,027) | (62,844) | PDF p. 70 |
| Loss per share | |||
| Loss per share (RMB cents) - Basic and dilutedRMB cents | (13.89) | (13.55) | PDF p. 70 |
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Definitions & sources
Original report: PDF p. 69 ↗ PDF p. 70 ↗
Amounts in thousands of Chinese Renminbi (RMB’000). Continues on page 70 (total comprehensive loss attribution and loss per share).
Consolidated statement of cash flows (Group)
52 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Operating activities - Profit / (Loss) before tax | |||
| - Continuing operationsRMB’000 | (78,337) | (81,195) | PDF p. 73 |
| - Discontinued operationsRMB’000 | 172 | (3,038) | PDF p. 73 |
| Operating activities - Adjustments | |||
| Depreciation of property, plant and equipmentRMB’000 | 2,878 | 4,401 | PDF p. 73 |
| Depreciation of bearer plantsRMB’000 | 3,002 | 2,926 | PDF p. 73 |
| Depreciation of right-of-use assetsRMB’000 | 2,174 | 3,036 | PDF p. 73 |
| Amortisation of land use rightsRMB’000 | 1 | 2 | PDF p. 73 |
| Amortisation of intangible assetsRMB’000 | 119 | 118 | PDF p. 73 |
| Bearer plants written offRMB’000 | 53,187 | 62,964 | PDF p. 73 |
| Loss on disposal of property, plant and equipmentRMB’000 | 122 | 54 | PDF p. 73 |
| Property, plant and equipment written offRMB’000 | 565 | 593 | PDF p. 73 |
| Inventory written offRMB’000 | - | 1,325 | PDF p. 73 |
| Gain from lease termination / modificationRMB’000 | (4,431) | (1,419) | PDF p. 73 |
| Operating activities - Impairment loss on financial assets | |||
| - Trade receivablesRMB’000 | - | 783 | PDF p. 73 |
| - Other receivablesRMB’000 | 36 | 2,684 | PDF p. 73 |
| - Amount due from related partiesRMB’000 | - | 3 | PDF p. 73 |
| Operating activities - Adjustments | |||
| Impairment loss on non-financial assetsRMB’000 | 15,783 | 9,409 | PDF p. 73 |
| Operating activities - Reversal of impairment loss on financial assets | |||
| - Trade receivablesRMB’000 | - | (522) | PDF p. 73 |
| Operating activities - Adjustments | |||
| Interest incomeRMB’000 | (13) | (98) | PDF p. 73 |
| Operating activities - Interest expense | |||
| - Term loansRMB’000 | 1,238 | 1,625 | PDF p. 73 |
| - Lease liabilitiesRMB’000 | 1,945 | 2,682 | PDF p. 73 |
| - OthersRMB’000 | 61 | 396 | PDF p. 73 |
| Operating activities - Adjustments | |||
| Trade and other payables written offRMB’000 | - | (4,750) | PDF p. 73 |
| Gain on disposal of subsidiariesRMB’000 | (1,424) | - | PDF p. 73 |
| (Gain) / Loss on exchange differenceRMB’000 | (31) | 48 | PDF p. 73 |
| Operating activities | |||
| Operating (loss) / profit before working capital changesRMB’000 | (2,953) | 1,947 | PDF p. 73 |
| Operating activities - working capital | |||
| InventoriesRMB’000 | 389 | 2,383 | PDF p. 74 |
| Trade receivablesRMB’000 | 243 | 3,436 | PDF p. 74 |
| Other receivables, deposits and prepaymentsRMB’000 | (2,948) | (7,454) | PDF p. 74 |
| Pledged bank depositsRMB’000 | 16 | 50 | PDF p. 74 |
| Trade payablesRMB’000 | (655) | (3,466) | PDF p. 74 |
| Accruals and other payablesRMB’000 | 2,355 | 272 | PDF p. 74 |
| Amounts due from related partiesRMB’000 | - | (38) | PDF p. 74 |
| Operating activities | |||
| Cash used in operations, representing the net cash used in operating activitiesRMB’000 | (3,553) | (2,870) | PDF p. 74 |
| Investing activities | |||
| Interest receivedRMB’000 | 13 | 98 | PDF p. 74 |
| Investing activities - Financial assets, at FVPL – structured deposits | |||
| - AdditionsRMB’000 | - | (27,250) | PDF p. 74 |
| - RedemptionRMB’000 | - | 27,330 | PDF p. 74 |
| Investing activities | |||
| Purchase of property, plant and equipmentRMB’000 | - | (761) | PDF p. 74 |
| Capital expenditure on bearer plantsRMB’000 | - | (478) | PDF p. 74 |
| Proceeds from disposal of property, plant and equipmentRMB’000 | 347 | 186 | PDF p. 74 |
| Net cash inflow from disposal of subsidiariesRMB’000 | 1,994 | - | PDF p. 74 |
| Net cash from / (used in) investing activitiesRMB’000 | 2,354 | (875) | PDF p. 74 |
| Financing activities | |||
| Advance from and payment on behalf by related partiesRMB’000 | 5,876 | 4,081 | PDF p. 74 |
| Repayment to related parties (non-trade)RMB’000 | (5,515) | (123) | PDF p. 74 |
| Repayment of bank loans (including interest)RMB’000 | (7,793) | (15,545) | PDF p. 74 |
| Repayment of lease liabilities (including interest)RMB’000 | (1,902) | (4,379) | PDF p. 74 |
| Proceeds from bank loans drawdownRMB’000 | 5,000 | 11,000 | PDF p. 74 |
| Repayment of interest in arrearsRMB’000 | (800) | - | PDF p. 74 |
| Repayment of other finance expensesRMB’000 | (61) | (396) | PDF p. 74 |
| Restricted bank balancesRMB’000 | (456) | - | PDF p. 74 |
| Deposit received from corporate guarantorsRMB’000 | - | 1,425 | PDF p. 74 |
| Net cash used in financing activitiesRMB’000 | (5,651) | (3,937) | PDF p. 74 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsRMB’000 | (6,850) | (7,682) | PDF p. 75 |
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Definitions & sources
Original report: PDF p. 73 ↗ PDF p. 74 ↗ PDF p. 75 ↗
Amounts in thousands of Chinese Renminbi (RMB’000). * Amount less than RMB 1,000. Note A: Purchase of property, plant and equipment (Note 6) 2024 -, 2023 (2,564); Add: Increase in amount included in other payables 2024 -, 2023 730; Transfer from prepaid construction costs in prior year 2024 -, 2023 1,073; Cash outflow to purchase of property, plant and equipment 2024 -, 2023 (761).
Note 36 Loss per share
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Loss per share | |||
| Loss attributable to equity holders of the Company (RMB’000)RMB’000 | (56,663) | (55,302) | PDF p. 125 |
| Weighted average number of ordinary shares outstanding (excluding 11,500 treasury shares) for basic loss per shares (‘000)'000 shares | 407,989 | 407,989 | PDF p. 125 |
| Basic and diluted (i) loss per share | |||
| - RMB centsRMB cents | (13.89) | (13.55) | PDF p. 125 |
| - SGD cents (ii)SGD cents | (2.59) | (2.57) | PDF p. 125 |
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Definitions & sources
Original report: PDF p. 125 ↗
(i) The Company has no dilutive potential ordinary shares for the financial year ended 31 December 2024 and 2023 and there was no ordinary share that may issue as there are no share option outstanding as at 31 December 2024 and 2023.
(ii) Calculated based on average exchange rate of S$1: RMB 5.37 (2023: RMB 5.27).
Weighted average share count label wraps across two lines in source.
Where the money comes from
Segment information
By business
Business segments 2024 15 lines
| Item / unit | 2024Agriculture, RMB'000 | 2024Mining, RMB'000 | 2024Total, RMB'000 | Source |
|---|---|---|---|---|
| 2024 | ||||
| Segment revenue from external customersRMB'000 | - | - | - | PDF p. 127 |
| Segment loss, representing loss before taxRMB'000 | (75,261) | - | (75,261) | PDF p. 127 |
| 2024 Amounts included in the measure of segment loss | ||||
| Depreciation of property, plant and equipmentRMB'000 | 2,823 | - | 2,823 | PDF p. 127 |
| Depreciation of bearer plantsRMB'000 | 3,002 | - | 3,002 | PDF p. 127 |
| Depreciation of right-of-use assetsRMB'000 | 2,174 | - | 2,174 | PDF p. 127 |
| Amortisation of intangible assetsRMB'000 | 119 | - | 119 | PDF p. 127 |
| Interest incomeRMB'000 | (9) | - | (9) | PDF p. 127 |
| Interest expenseRMB'000 | 3,244 | - | 3,244 | PDF p. 127 |
| Bearer plants written offRMB'000 | 53,187 | - | 53,187 | PDF p. 127 |
| Impairment of non-financial assetsRMB'000 | 15,783 | - | 15,783 | PDF p. 127 |
| Property, plant and equipment written offRMB'000 | 465 | - | 465 | PDF p. 127 |
| Gain from lease terminationRMB'000 | (4,431) | - | (4,431) | PDF p. 127 |
| 2024 Assets | ||||
| Segment assetsRMB'000 | 15,665 | 28,861 | 44,526 | PDF p. 127 |
| 2024 Assets - Financial assets, at FVOCI | ||||
| - unquoted equityRMB'000 | - | 28,861 | 28,861 | PDF p. 127 |
| 2024 Liabilities | ||||
| Segment liabilitiesRMB'000 | (30,891) | - | (30,891) | PDF p. 127 |
Notes
Amounts in RMB'000 unless otherwise stated. Segments: Agriculture; Mining. Others (investment holding, unallocated corporate, inactive companies, treasury investments) are not a reportable segment column. No geographical segment information is disclosed in Note 38.
Business segments 2023 - revenue and loss 2 lines
| Item / unit | 2023Agriculture, RMB'000 | 2023Mining, RMB'000 | 2023Total, RMB'000 | Source |
|---|---|---|---|---|
| 2023 | ||||
| Segment revenue from external customersRMB'000 | 8,492 | - | 8,492 | PDF p. 127 |
| Segment loss, representing loss before taxRMB'000 | (76,193) | - | (76,193) | PDF p. 127 |
Notes
Comparative year 2023 as printed on the same page as 2024.
Business segments 2023 - other segment items, assets and liabilities 17 lines
| Item / unit | 2023Agriculture, RMB'000 | 2023Mining, RMB'000 | 2023Total, RMB'000 | Source |
|---|---|---|---|---|
| 2023 Amounts included in the measure of segment loss | ||||
| Depreciation of property, plant and equipmentRMB'000 | 4,232 | - | 4,232 | PDF p. 128 |
| Depreciation of bearer plantsRMB'000 | 2,926 | - | 2,926 | PDF p. 128 |
| Depreciation of right-of-use assetsRMB'000 | 3,036 | - | 3,036 | PDF p. 128 |
| Amortisation of intangible assetsRMB'000 | 118 | - | 118 | PDF p. 128 |
| Impairment loss on financial assetsRMB'000 | 806 | - | 806 | PDF p. 128 |
| Reversal of impairment loss on financial assetsRMB'000 | (522) | - | (522) | PDF p. 128 |
| Interest incomeRMB'000 | (4) | - | (4) | PDF p. 128 |
| Interest expenseRMB'000 | 2,200 | - | 2,200 | PDF p. 128 |
| Bearer plants written offRMB'000 | 62,964 | - | 62,964 | PDF p. 128 |
| Impairment of non-financial assetsRMB'000 | 9,409 | - | 9,409 | PDF p. 128 |
| Trade and other payables written offRMB'000 | (33) | - | (33) | PDF p. 128 |
| Gain from lease modificationRMB'000 | (1,419) | - | (1,419) | PDF p. 128 |
| 2023 Assets | ||||
| Segment assetsRMB'000 | 126,910 | 49,225 | 176,135 | PDF p. 128 |
| 2023 Assets - Amounts included in the measure of segment assets | ||||
| Capital expenditure on bearer plantsRMB'000 | 478 | - | 478 | PDF p. 128 |
| Additions to property, plant and equipmentRMB'000 | 2,559 | - | 2,559 | PDF p. 128 |
| 2023 Assets - Financial assets, at FVOCI | ||||
| - unquoted equityRMB'000 | - | 49,225 | 49,225 | PDF p. 128 |
| 2023 Liabilities | ||||
| Segment liabilitiesRMB'000 | (71,516) | - | (71,516) | PDF p. 128 |
Notes
Continuation of Note 38(i) for 2023.
Reconciliation of segment loss to loss before tax 9 lines
| Item / unit | 2024RMB'000 | 2023RMB'000 | Source |
|---|---|---|---|
| Segment profits | |||
| Segmental loss from the reportable segmentsRMB'000 | (75,261) | (76,193) | PDF p. 129 |
| Others – Corporate head office / inactive subsidiaries | |||
| - General and administrative expensesRMB'000 | (5,117) | (9,527) | PDF p. 129 |
| - Selling and distribution expensesRMB'000 | - | (48) | PDF p. 129 |
| - Impairment loss on trade and other receivablesRMB'000 | (36) | (167) | PDF p. 129 |
| - Other incomeRMB'000 | 2,073 | 4,671 | PDF p. 129 |
| - Other expensesRMB'000 | - | (24) | PDF p. 129 |
| - Finance incomeRMB'000 | 4 | 94 | PDF p. 129 |
| - Finance expensesRMB'000 | - | (1) | PDF p. 129 |
| Segment profits | |||
| Loss before tax and discontinued operationRMB'000 | (78,337) | (81,195) | PDF p. 129 |
Notes
Reconciling items added to / (deducted from) segment profit to arrive at loss before tax in the consolidated statement of profit or loss and other comprehensive income.
Reconciliation of segment assets to total assets 7 lines
| Item / unit | 2024RMB'000 | 2023RMB'000 | Source |
|---|---|---|---|
| Segment assets | |||
| Segment assets for reportable segmentsRMB'000 | 44,526 | 176,135 | PDF p. 131 |
| Unallocated assets | |||
| - Property, plant and equipmentRMB'000 | 44 | 273 | PDF p. 131 |
| - Intangible assetsRMB'000 | - | 36 | PDF p. 131 |
| - Other receivables, deposits and prepaymentsRMB'000 | 1,340 | 2,803 | PDF p. 131 |
| - Pledged bank depositsRMB'000 | - | 69 | PDF p. 131 |
| - Cash and bank balancesRMB'000 | 435 | 5,276 | PDF p. 131 |
| Segment assets | |||
| Consolidated totalRMB'000 | 46,345 | 184,592 | PDF p. 131 |
Notes
Segment assets are reconciled to total assets as follows.
Reconciliation of segment liabilities to total liabilities 6 lines
| Item / unit | 2024RMB'000 | 2023RMB'000 | Source |
|---|---|---|---|
| Segment liabilities | |||
| Segment liabilities for reportable segmentsRMB'000 | 30,891 | 71,516 | PDF p. 131 |
| Unallocated liabilities | |||
| - Trade payablesRMB'000 | 2,090 | 2,258 | PDF p. 131 |
| - Accruals and other payablesRMB'000 | 5,048 | 4,290 | PDF p. 131 |
| - Amount due to related parties (non-trade)RMB'000 | 3,466 | 3,112 | PDF p. 131 |
| - Income tax payableRMB'000 | 2,783 | 2,820 | PDF p. 131 |
| Segment liabilities | |||
| Consolidated totalRMB'000 | 44,278 | 83,996 | PDF p. 131 |
Notes
Column headers 2024 2023 RMB’000 RMB’000 printed immediately below this caption.
Debt
Borrowings
Borrowings by type and maturity – Group
| Item / unit | 2024Term loans | 2024Lease liabilities | 2024Total | 2023Term loans | 2023Lease liabilities | 2023Total | Source |
|---|---|---|---|---|---|---|---|
| Non-current liabilities | |||||||
| Due after one year less than five yearsRMB'000 | - | 470 | 470 | 381 | 8,777 | 9,158 | PDF p. 113 |
| Due after five yearsRMB'000 | - | 1,941 | 1,941 | - | 27,836 | 27,836 | PDF p. 113 |
Notes
* Includes rental in arrears of RMB 704,000 (2023: RMB 864,000).
Non-current subtotal 2024: term loans -, lease liabilities 2,411, total 2,411 (also on balance sheet p.66). Grand total 22,867 / 3,213 / 26,080.
Group presents lease liabilities within Borrowings. Term loans (Note (i)); lease liabilities (Note (ii)). Amounts in RMB'000.
* Includes rental in arrears of RMB 864,000 (2023).
Non-current subtotal 2023: 381 / 36,613 / 36,994. Grand total 26,672 / 39,392 / 66,064.
Borrowing notes 2 tables
Note 22(i) Term loans – secured/unsecured, Group
| Item / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Due within one year | |||
| Loan 1 (Unsecured)RMB'000 | - | 10,000 | PDF p. 113 |
| Loan 2 (Unsecured)RMB'000 | 4,000 | 5,000 | PDF p. 113 |
| Loan 3 (Unsecured)RMB'000 | 10,000 | 10,000 | PDF p. 113 |
| Loan 4 (Unsecured)RMB'000 | 381 | 571 | PDF p. 113 |
| Loan 5 (Secured)RMB'000 | - | 720 | PDF p. 113 |
| Loan 6 (Unsecured)RMB'000 | 8,486 | - | PDF p. 113 |
| Due after one year less than five years | |||
| Loan 4 (Unsecured)RMB'000 | - | 381 | PDF p. 113 |
Notes
Due within one year total: 22,867 (2024); 26,291 (2023).
Interest rates (pp.113-114): Loan 1 0.45% above 1-year LPR; Loan 2 4.5% (2023: 6.09%); Loan 3 7%; Loan 4 0.92% above 1-year LPR (revised 7 Apr 2025 to 1.27% above LPR, repayable over 36 months till April 2028); Loan 5 7.63%; Loan 6 5.03%. All loans are RMB-denominated (Amounts in RMB'000). 'Unsecured' loans are guaranteed by third-party guarantor/personal guarantees; Loan 5 secured by pledge over equipment. Loan 2 overdue; Loan 3 subject to court seizure order.
Statement of financial position – borrowings
| Item / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Non-current liabilities | |||||
| BorrowingsRMB'000 | 2,411 | 36,994 | - | - | PDF p. 67 |
| Current liabilities | |||||
| BorrowingsRMB'000 | 23,669 | 29,070 | - | - | PDF p. 68 |
Notes
Company has no borrowings.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company does not have a policy on payment of dividend. In proposing any dividend payment, the Board will consider the level of cash balance of the Group, its performance and projected capital expenditure and investments required. | Company/Group FY2024 | PDF p. 26 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | For FY2024, no dividend was declared or recommended due to the performance of the Group. | FY2024 | PDF p. 26 |
Extracted from Annual report and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Crowe Horwath First Trust LLP | Group and Company, FY2024 | PDF p. 66 |
| Engagement partner | Lim Thien Hoon | Group and Company, FY2024 | PDF p. 66 |
| Audit report date | 15 April 2025 | Group and Company, FY2024 · As at 2025-04-15 | PDF p. 66 |
| Disclaimer of Opinion | We do not express an opinion on the accompanying financial statements | Group and Company, FY2024 | PDF p. 59 |
| 1. Impairment of non-financial assets | we were unable to satisfy ourselves regarding the appropriateness of the carrying amount of the Group’s PPE and IA as at 31 December 2024 | Group (PPE and IA); Company (investment in subsidiaries) | PDF p. 60 |
| 2. Assessment of the classification and presentation requirements under IFRS 5 | the assets and liabilities and results of the Agri Group were not presented as held for sale and discontinued operation respectively | Group, FY2024 | PDF p. 60 |
| 3. Measurement of financial assets, at FVOCI | we were unable to obtain sufficient appropriate audit evidence to determine the appropriateness of the fair value of the investment | Group and Company, FY2024 | PDF p. 61 |
| 4. Expected credit losses on trade and other receivables, and prepayments | there is insufficient evidence to substantiate the recoverability of these balances | Group and Company, FY2024 | PDF p. 62 |
| 5. Completeness and existence of bank balances and contingent liabilities | we were unable to conclude on the existence and completeness of the Group’s bank balances as at 31 December 2024 | Group, FY2024 | PDF p. 63 |
| 7. Opening balances | we were unable to determine whether the opening balances as at 1 January 2024 were fairly stated | Group and Company, FY2024 | PDF p. 65 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| 6. Use of going concern basis | These conditions indicate the existence of multiple material uncertainties which may cast significant doubts on the abilities of the Group and the Company to continue as going concerns. | Group and Company, FY2024 | PDF p. 63 |
| 6. Use of going concern basis (Continued) | we were unable to satisfy ourselves as to the appropriateness of the going concern basis of accounting used in the preparation of these financial statements | Group and Company, FY2024 | PDF p. 64 |
| 2.2. Fundamental accounting concept | the Group and the Company have encountered significant challenges and circumstances that indicate the existence of material uncertainties, which may cast significant doubts on the ability of the Group and of the Company to continue as a going concern | Group and Company, FY2024 | PDF p. 77 |
Extracted from Annual report and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual report, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.