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 | 2023 |
|---|---|---|
| Revenue | 156.17a | 133.62a |
| Cost of sales | -114.01a | -112.67a |
| Gross profit | 42.16a | 20.95a |
| Other income and gains | 2.98a | 3.71a |
| Selling and distribution expenses | -0.66a | -0.76a |
| Administrative expenses | -4.99a | -4.95a |
| Other expenses | -2.9a | -0.95a |
| Finance costs | -3.36a | -3.27a |
| Changes in fair values of financial instruments | -2.19a | -0.05a |
| Share of profits of associates | 1.76a | 1.19a |
| Profit before taxation | 32.8a | 15.89a |
| Income tax expenses | -8.25a | -3.39a |
| Profit for the year | 24.55a | 12.5a |
| Attributable to | — | — |
| Owners of the company | 22.37a | 11.46a |
| Non-controlling interests | 2.17a | 1.04a |
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