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Monday, February 9th, 2026

China Mining International Limited: Auditor’s Disclaimer of Opinion on Financial Statements for FY2024

China Mining International Limited: A Financial Analysis
Net Profit Growth/Decline: Not Available
Date of Report: 15 April 2025 Financial Year: 2024
Business Description
China Mining International Limited (the “Company”) is a Cayman Islands-incorporated company with its core business operations in agriculture and related sectors. The Company’s business segments primarily include agriculture, property development, and investment holding.
Industry Position and Market Share
The Company faces significant challenges in its core business due to government policy changes and lease terminations. The agriculture business segment has ceased operations due to the termination of farmland leases. The Company is exploring new business opportunities and ventures.
Revenue Streams and Supply Chain
The Company’s revenue streams primarily come from its agriculture business, which has ceased operations. The Company is seeking new business opportunities to diversify its revenue streams.
Competitive Advantage
The Company’s competitive advantage is not clearly stated in the report.
Financial Statement Analysis
Income Statement
The Company’s net loss for 2024 is RMB 78,165,000, compared to RMB 84,532,000 in 2023.
Balance Sheet
The Company’s net current liabilities are RMB 27,183,000, with cash and cash equivalents of RMB 503,000. The Company’s current liabilities mainly comprise term loans due between January and August 2025.
Cash Flow Statement
The Company’s operating cash outflows are RMB 3,553,000 for 2024.
Key Findings
The Company’s agriculture business has ceased operations due to lease terminations.
The Company has significant net current liabilities and negative cash flows.
The Company’s ability to continue as a going concern is uncertain.
Risks and Strengths
Risks:
Uncertainty about the Company’s ability to continue as a going concern.
Significant net current liabilities and negative cash flows.
Dependence on financial support from a controlling shareholder.
Strengths:
Management’s efforts to explore new business opportunities and ventures.
Investor Action
If currently holding:
HOLD: Considering the significant uncertainties and risks associated with the Company’s ability to continue as a going concern, it is recommended to hold the stock and closely monitor the Company’s progress in implementing its new business strategies.
If not currently holding:
DO NOT INVEST: Given the significant risks and uncertainties associated with the Company’s financial situation and future prospects, it is not recommended to invest in the stock at this time.
Disclaimer: The recommendation is based on the analysis of the provided PDF report and may not reflect the current market situation or future developments. Investors should conduct their own research and consider their own risk tolerance before making any investment decisions.

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