Below are the financial statements of BYD Electronic International, 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 billions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 177.31a | 129.96a |
| Cost of sales | -165a | -119.52a |
| Gross profit | 12.3a | 10.43a |
| Other income and gains | 1.35a | 1.28a |
| Government grants and subsidies | 0.33a | 0.24a |
| Research and development expenses | -4.89a | -4.72a |
| Selling and distribution expenses | -1.89a | -0.72a |
| Administrative expenses | -1.6a | -1.29a |
| Impairment losses on financial assets, net | -0.04a | -0.02a |
| Other expenses | -0.3a | -0.33a |
| Finance costs | -0.52a | -0.19a |
| Profit before tax | 4.74a | 4.68a |
| Income tax expense | -0.47a | -0.64a |
| Profit for the year | — | — |
| Attributable to owners of the parent | 4.27a | 4.04a |
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