Below are the financial statements of China Resources Land Ltd, 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 | 278,799.43a | 251,137.1a |
| Cost of sales | -218,465.92a | -187,975.19a |
| Gross profit | 60,333.51a | 63,161.91a |
| Gain on changes in fair value of investment properties | 7,632.23a | 8,000.79a |
| Gain on changes in fair value of financial instruments at fair value through profit or loss (FVPL) | 159.77a | 51.01a |
| Other income, other gains and losses | 6,691.52a | 8,588.38a |
| Selling and marketing expenses | -7,794.38a | -7,301.64a |
| General and administrative expenses | -6,000.91a | -6,678.83a |
| Share of profits less losses of investments in joint ventures | -0.6a | 2,800.82a |
| Share of profits less losses of investments in associates | 388.84a | -440.63a |
| Finance costs | -3,181.78a | -1,743.92a |
| Profit before taxation | 58,228.19a | 66,437.89a |
| Income tax expenses | -24,549.74a | -29,134.13a |
| Profit for the year | 33,678.45a | 37,303.76a |
| Profit for the year attributable to | — | — |
| Owners of the Company | 25,577.36a | 31,365.37a |
| Non-controlling interests | 8,101.09a | 5,938.39a |
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