Below are the financial statements of AAC Technologies Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CNY | 2024 | 2023 |
---|---|---|
Property, plant and equipment | 17,884.36a | 18,070.36a |
Right-of-use assets | 2,044.53a | 1,798.37a |
Goodwill | 2,093.39a | 275.37a |
Deposits made for acquisition of property, plant and equipment | 267.59a | 162.59a |
Escrow deposit for acquisition of a subsidiary | 0a | 283.31a |
Investment properties | 267.47a | 127.58a |
Interest in an associate | 2.97a | 3.03a |
Equity instruments at FVTOCI | 598.41a | 457.01a |
Financial assets at fair value through profit and loss (FVTPL) | 449.66a | 413.3a |
Intangible assets | 1,705.93a | 588.62a |
Deferred tax assets | 414.11a | 204.24a |
Contract costs | 68.34a | 0a |
Derivative financial instruments | 1.49a | 0a |
Non-current assets | 25,798.26a | 22,383.78a |
Inventories | 3,937.81a | 2,992.36a |
Trade and other receivables | 9,370.7a | 6,653.43a |
Amounts due from related companies | 2.73a | 9.89a |
Taxation recoverable | 44.05a | 22.64a |
Derivative financial instruments | 2.66a | 2.87a |
Pledged bank deposits | 0.52a | 15.09a |
Restricted bank deposits | 5a | 6.21a |
Cash and cash equivalents | 7,538.2a | 6,824.53a |
Current assets | 20,901.67a | 16,527.01a |
Trade and other payables | 9,557.82a | 5,796.47a |
Contract liabilities | 62.67a | 15.87a |
Amounts due to related companies | 52.75a | 32.32a |
Taxation payable | 251.64a | 100.54a |
Bank loans | 1,727.97a | 1,463.89a |
Unsecured notes | 0a | 1,957.58a |
Government grants | 71.53a | 122.93a |
Lease liabilities | 488.57a | 389.31a |
Derivative financial instruments | 95.02a | 0a |
Gross obligation liabilities | 574.92a | 0a |
Contingent consideration payables | 1,260.84a | 0a |
Contingent settlement provision | 259.37a | 250.49a |
Current liabilities | 14,403.08a | 10,129.39a |
Net current assets | 6,498.59a | 6,397.62a |
Total assets less current liabilities | 32,296.85a | 28,781.4a |
Bank loans | 3,883.11a | 1,726a |
Unsecured notes | 3,720.54a | 3,662.12a |
Government grants | 480.59a | 508.81a |
Lease liabilities | 634.45a | 380.89a |
Deferred tax liabilities | 370.38a | 47.11a |
Derivative financial instruments | 28.07a | 0a |
Defined benefit obligations | 10.18a | 0a |
Other payables | 52.65a | 85.21a |
Non-current liabilities | 9,179.97a | 6,410.13a |
Net assets | 23,116.88a | 22,371.27a |
Capital and reserves | — | — |
Share capital | 97.32a | 97.32a |
Reserves | 22,657.15a | 21,784.13a |
Equity attributable to owners of the Company | 22,754.47a | 21,881.45a |
Non-controlling interests | 362.41a | 489.82a |
Total equity | 23,116.88a | 22,371.27a |
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