Below are the financial statements of China Hongqiao Group, 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 as of 2024-12-31 | 2023 as of 2023-12-31 |
---|---|---|
Non-current assets | — | — |
Property, plant and equipment | 75.39a | 70.2a |
Right-of-use assets | 9.67a | 9.68a |
Intangible assets | 0.05a | 0.04a |
Investment properties | 0.04a | 0.04a |
Deposits paid for acquisition of property, plant and equipment | 1.35a | 1.05a |
Deferred tax assets | 2.62a | 2.99a |
Interests in associates | 13.22a | 11.03a |
Loan to an associate | 2a | 2a |
Goodwill | 0.28a | 0.28a |
Financial asset at amortised cost | 2.49a | 2.49a |
Financial assets at fair value through other comprehensive income | 1.14a | 1.4a |
Financial assets at fair value through profit or loss | 11.09a | 11.73a |
Current assets | — | — |
Inventories | 37.34a | 33.96a |
Trade receivables | 9.77a | 5.49a |
Bills receivables | 6.6a | 4.98a |
Prepayments and other receivables | 7.81a | 8.75a |
Income tax recoverable | 0.37a | 0.67a |
Restricted bank deposits | 2.8a | 1.83a |
Cash and cash equivalents | 44.77a | 31.72a |
Non-current assets classified as held for sale | 0.35a | 0a |
Current liabilities | — | — |
Trade and bills payables | 14.93a | 11.65a |
Other payables and accruals | 13.21a | 10.6a |
Bank borrowings - due within one year | 34.17a | 30.49a |
Lease liabilities | 0.03a | 0.04a |
Income tax payable | 3.67a | 2.59a |
Short-term debentures and notes | 3a | 7a |
Medium-term debentures and bonds - due within one year | 5.78a | 8.12a |
Guaranteed notes - due within one year | 2.15a | 3.51a |
Deferred income | 0.04a | 0.04a |
Net current assets | 32.84a | 13.37a |
Total assets less current liabilities | 152.18a | 126.29a |
Non-current liabilities | — | — |
Bank borrowings - due after one year | 14.13a | 8.62a |
Other financial liability | 2.73a | 2.97a |
Lease liabilities | 0.93a | 0.92a |
Medium-term debentures and bonds - due after one year | 9.55a | 3.21a |
Liability component of convertible bonds - due after one year | 2.09a | 1.96a |
Derivative component of convertible bonds - due after one year | 2.11a | 0.52a |
Deferred tax liabilities | 0.49a | 0.36a |
Deferred income | 1.53a | 1.48a |
Net assets | 118.61a | 106.26a |
Capital and reserves | — | — |
Share capital | 0.62a | 0.62a |
Reserves | 107.18a | 91.63a |
Equity attributable to owners of the company | 107.8a | 92.24a |
Non-controlling interests | 10.81a | 14.01a |
Total equity | 118.61a | 106.26a |
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