Below are the financial statements of China Feihe, 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 thousands of CNY | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Non-current assets | — | — |
| Property, plant and equipment | 9,496,701a | 9,494,034a |
| Investment properties | 38,734a | 211,741a |
| Right-of-use assets | 359,015a | 395,097a |
| Goodwill | 112,402a | 112,402a |
| Intangible assets | 14,161a | 16,334a |
| Investment in a joint venture | 0a | 3,338a |
| Investments in associates | 120,356a | 99,866a |
| Financial asset at fair value through other comprehensive income | 1,800a | 1,800a |
| Deposits | 46,339a | 110,873a |
| Biological assets | 2,339,650a | 2,252,706a |
| Deferred tax assets | 347,957a | 402,216a |
| Long-term bank deposits | 600,000a | 540,000a |
| Total non-current assets | 13,477,115a | 13,640,407a |
| Current assets | — | — |
| Inventories | 2,153,945a | 2,258,059a |
| Trade and bills receivables | 395,219a | 431,184a |
| Prepayments, deposits and other receivables | 668,564a | 694,959a |
| Structured deposits | 9,681,736a | 8,670,910a |
| Restricted cash | 27,905a | 58,218a |
| Cash and cash equivalents | 9,321,222a | 10,440,941a |
| Total current assets | 22,248,591a | 22,554,271a |
| Current liabilities | — | — |
| Trade and bills payables | 1,565,160a | 1,838,223a |
| Other payables and accruals | 4,101,044a | 4,660,948a |
| Interest-bearing bank borrowings | 514,804a | 504,914a |
| Lease liabilities | 27,429a | 87,402a |
| Tax payable | 382,593a | 290,743a |
| Total current liabilities | 6,591,030a | 7,382,230a |
| Net current assets | 15,657,561a | 15,172,041a |
| Total assets less current liabilities | 29,134,676a | 28,812,448a |
| Non-current liabilities | — | — |
| Other payables and accruals | 705,608a | 620,756a |
| Interest-bearing bank borrowings | 485,054a | 872,836a |
| Lease liabilities | 53,823a | 171,260a |
| Deferred tax liabilities | 482,806a | 813,250a |
| Total non-current liabilities | 1,727,291a | 2,478,102a |
| Net assets | 27,407,385a | 26,334,346a |
| Equity attributable to owners of the parent | 25,933,186a | 24,944,859a |
| Issued capital | 1a | 1a |
| Reserves | 25,933,185a | 24,944,858a |
| Non-controlling interests | 1,474,199a | 1,389,487a |
| Total equity | 27,407,385a | 26,334,346a |
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