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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
OPERATING ACTIVITIES        
Loss before income tax for the year $ (1,484) ¥ (10,512) ¥ (16,432) ¥ (52,836)
From continuing operations (1,177) (8,337) (23,338) (48,979)
From discontinued operations (307) (2,175) 6,906 (3,857)
Adjustments for:        
Interest expenses 279 1,977 4,015 4,128
Interest income (566) (4,013) (6,883) (7,358)
Gain on disposal of property, plant and equipment (5)
Consultants share-based payment expenses 435 3,074 16,152
Expenses related to issuance of shares 1,579
Fair value (gain)/loss on financial instruments, net (120) (847) (1,007) 38,349
Depreciation of property, plant and equipment 15 100 304 510
Depreciation of right-of-use assets 148 1,050 1,413 1,366
Amortization of intangible assets 65 460 813 884
Impairment losses/(reversal) on trade receivables 54 383 (3,989) 3,840
Impairment losses on contract assets 501 3,545 171 357
Impairment losses on other receivables 848 6,003 2,745 239
Impairment reversal on amounts due from related companies (1,106)
Changes in working capital        
Inventories (26) (182) 257 (148)
Trade and bills receivables 622 4,406 (10,764) 6,580
Contract assets 219 1,550 (5,165) (780)
Prepayments 108 765 504 (1,852)
Other receivables 3 18 321 (930)
Other current assets 1,829 1,805
Trade payables 182 1,297 (792) (7,507)
Other payables and accruals 812 5,749 3,280 813
Provision (70) (494) 494
Cash (used in)/from operations 2,025 14,329 (12,739) (12,067)
Income tax paid (141) (1,001) (47) (1)
Net cash flows (used in)/from operating activities 1,884 13,328 (12,786) (12,068)
INVESTING ACTIVITIES        
Interest received 7,291 3,760
Additions of service concession right   (68)
Purchase of property, plant and equipment (2) (12) (17) (28)
Purchase of intangible assets (5)
Prepayment for right-of-use assets (228) (55)
Purchase of structured deposit products   (60,000)
Disposal of property, plant and equipment 9 6
Disposal of a subsidiary   (263)
Loan to an unrelated company (80,000)
Repayment from loans due from related companies 125,000
Proceeds from maturity of structured deposit products 65,000
Expenditures on mine development (147) (1,042)
Net cash flows from /(used in) investing activities (149) (1,054) 7,050 53,352
FINANCING ACTIVITIES        
Proceeds from issuance of shares   41,996
Repayments of bank loans (212) (1,500) (3,000) (3,000)
Advances from related companies 555 3,932 360
Repayment to related companies   (2,765) (50,148)
Repayments to the Shareholder   (6,885) (7,149)
Payment of principal portion of lease liabilities (131) (925) (1,120) (1,463)
Payment of interest expenses of lease liabilities (14) (99) (133) (150)
Deemed distribution to the controlling shareholder (10,297)
Dividends paid to non-controlling shareholders (4,900)
Dividends paid to former non-controlling shareholders (5,048)
Net cash outflow for the distribution of CHNR's 100% equity interest of PSTT (5,292) (37,460)
Interest paid (265) (1,878) (3,882) (4,035)
Net cash flows used in financing activities (5,359) (37,930) (22,833) (38,786)
Net cash flows used in financing activities (5,359) (37,930) (22,833) (38,786)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (3,624) (25,656) (28,569) 2,498
NET FOREIGN EXCHANGE DIFFERENCE (183) (1,286) 1,905 (719)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 4,478 31,695 58,359 56,580
CASH AND CASH EQUIVALENTS AT END OF YEAR 671 4,753 31,695 58,359
ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS        
Cash and bank balances attributable to continued operations 671 4,753 6,040 18,535
Cash, bank balances and short-term deposits attributable to discontinued operations 25,655 39,824
Cash and cash equivalents as stated in the statement of cash flows $ 671 ¥ 4,753 ¥ 31,695 ¥ 58,359