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Below are the financial statements of Baotou Steel, 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.
Below are the financial statements of Baotou Steel, 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 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Current assets | — | — |
| Monetary funds | 14,088.32a | 9,267.67a |
| Trading financial assets | 23.21a | 19.35a |
| Notes receivable | 1,111.06a | 1,286.35a |
| Accounts receivable | 3,855.74a | 3,604.97a |
| Receivables financing | 4,655.65a | 6,878.04a |
| Prepayments | 1,218.24a | 785.28a |
| Other receivables | 329.82a | 408.44a |
| Inventories | 14,780.26a | 16,506.87a |
| Non-current assets due within one year | 0a | 731.96a |
| Other current assets | 306.53a | 292.87a |
| Total current assets | 41,100.77a | 39,049.84a |
| Non-current assets | — | — |
| Long-term equity investments | 2,953.69a | 1,308.62a |
| Other equity instrument investments | 84.95a | 91.32a |
| Fixed assets | 65,177.82a | 66,307.02a |
| Construction in progress | 1,230.46a | 1,206.79a |
| Right-of-use assets | 62.82a | 932.17a |
| Intangible assets | 2,259.01a | 2,424.59a |
| Long-term deferred expenses | 610.44a | 639.5a |
| Deferred tax assets | 461.92a | 477.77a |
| Other non-current assets | 41,183.54a | 39,338a |
| Total non-current assets | 114,024.63a | 112,725.79a |
| Total assets | 155,125.4a | 151,775.64a |
| Current liabilities | — | — |
| Short-term borrowings | 8,957.01a | 7,946.31a |
| Notes payable | 8,752.08a | 10,784.76a |
| Accounts payable | 17,170.24a | 16,735.08a |
| Contract liabilities | 3,989.15a | 4,141.46a |
| Employee benefits payable | 167.84a | 199.31a |
| Taxes payable | 755.03a | 868a |
| Other payables | 9,353.89a | 7,262.45a |
| Non-current liabilities due within one year | 15,132.84a | 14,148.36a |
| Other current liabilities | 6,610.81a | 8,087.56a |
| Total current liabilities | 70,888.88a | 70,173.3a |
| Non-current liabilities | — | — |
| Long-term borrowings | 15,462.03a | 13,444.08a |
| Bonds payable | 1,548.5a | 1,818.48a |
| Lease liabilities | 19.4a | 19.3a |
| Long-term payables | 4,738.67a | 3,602.4a |
| Long-term employee benefits payable | 266.88a | 332.65a |
| Deferred income | 891.39a | 914.25a |
| Deferred tax liabilities | 3.85a | 7.91a |
| Total non-current liabilities | 22,930.71a | 20,139.07a |
| Total liabilities | 93,819.59a | 90,312.37a |
| Owners' equity (or shareholders' equity) | — | — |
| Share capital (or capital stock) | 45,404.94a | 45,404.94a |
| Capital reserve | 167.24a | 167.15a |
| Less: Treasury stock | 199.02a | 0a |
| Other comprehensive income | 12.3a | 17.59a |
| Special reserves | 308.25a | 285.96a |
| Surplus reserve | 235.06a | 81.08a |
| Retained earnings | 5,984.51a | 5,863.39a |
| Total equity attributable to owners of the parent | 51,913.3a | 51,820.12a |
| Noncontrolling interests | 9,392.51a | 9,643.15a |
| Total owners' equity (or shareholders' equity) | 61,305.81a | 61,463.27a |
| Total liabilities and owners' equity (or shareholders' equity) | 155,125.4a | 151,775.64a |
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