Sign in to continue:

Saturday, February 7th, 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.

View China Mining Historical chart here



Reclaims Global Limited 1H2026 Unaudited Financial Results – Revenue Growth, Interim Dividend of 0.5 Cent per Share Announced 316

Reclaims Global Limited 1H2026 Financial Results: Revenue Growth, Higher Costs, and Strategic Outlook Reclaims Global Limited, a Singapore-listed, eco-friendly construction service provider specializing in recycling, excavation, logistics, and leasing, released its unaudited half-year results...

DBS Group Reports Record Q3 2024 Earnings: Strong Performance Across Key Metrics

DBS Group Holdings 3Q 2024 Financial Analysis – Net Profit to be below 2024 levels DBS Group Holdings 3Q 2024 Financial Analysis Business Description DBS Group Holdings is a leading financial services group in...

KSH Holdings Issues Profit Guidance for 1H FY2026 with Expected Return to Net Profit; No Dividend Details Announced 1

KSH Holdings Limited: Profit Guidance for First Half FY2026 KSH Holdings Limited has released a profit guidance for the first half of the financial year ending 30 September 2025 (1HY2026). The company expects to...