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 millions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 20,748.55a | 19,532.2a |
| Cost of sales | -6,983.75a | -6,868.85a |
| Gross profit | 13,764.8a | 12,663.35a |
| Other income and gains, net | 1,465.06a | 1,659.53a |
| Selling and distribution expenses | -7,181.22a | -6,709.07a |
| Administrative expenses | -1,681.26a | -1,762.05a |
| Other expenses | -146.32a | -100.86a |
| Finance costs | -44.65a | -53.13a |
| Share of losses of associates | -8.91a | -5.96a |
| Share of loss of a joint venture | -3.27a | -1.45a |
| Impairment losses on property, plant and equipment and right-of-use assets | 0a | -89.81a |
| Changes in fair value less costs to sell of biological assets | -614.5a | -750.26a |
| Profit before tax | 5,549.73a | 4,850.29a |
| Income tax expense | -1,895.61a | -1,559.94a |
| Profit for the year | 3,654.12a | 3,290.35a |
| Attributable to | — | — |
| Owners of the parent | 3,570.13a | 3,390.01a |
| Non-controlling interests | 84a | -99.66a |
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