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 |
|---|---|---|
| Revenue | 27,328.3a | 20,419.07a |
| Cost of goods sold | -21,286.41a | -16,967.41a |
| Gross profit | 6,041.9a | 3,451.67a |
| Other income and other expenses | 410.98a | 590.62a |
| Other gains and losses | -105.21a | 151.88a |
| Share of results of an associate | -0.06a | -0.27a |
| Distribution and selling expenses | -670.25a | -443.07a |
| Administrative expenses | -1,270.1a | -978.07a |
| Research and development costs | -2,022a | -1,573.44a |
| Exchange gain | 22.4a | 14.35a |
| Finance costs | -417.16a | -390.82a |
| Profit before taxation | 1,990.5a | 822.86a |
| Taxation | -226.94a | -252.25a |
| Profit for the year | 1,763.56a | 570.61a |
| Loss for the year attributable to non-controlling interests | -33.67a | -169.76a |
| Profit for the year attributable to owners of the company | 1,797.23a | 740.37a |
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