Below are the financial statements of China Steel, 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 TWD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
---|---|---|
Assets | — | — |
Current assets | — | — |
Cash and cash equivalents | 17,828.05a | 16,417.32a |
Financial assets at fair value through profit or loss - current | 4,252.62a | 3,547.38a |
Financial assets at fair value through other comprehensive income - current | 9,111.71a | 7,869.66a |
Financial assets for hedging - current | 3,674.59a | 4,750.25a |
Contract assets - current | 9,180.91a | 8,925.9a |
Notes receivable | 1,646.35a | 2,107.04a |
Accounts receivable, net | 14,118.38a | 10,634.22a |
Accounts receivable - related parties | 66.3a | 150.59a |
Other receivables | 1,811.99a | 1,329.89a |
Current tax assets | 105.69a | 69.32a |
Inventories | 107,682.96a | 120,350.42a |
Other financial assets - current | 18,275.67a | 16,365.29a |
Other current assets | 5,143.3a | 4,843.16a |
Total current assets | 192,898.5a | 197,360.43a |
Noncurrent assets | — | — |
Financial assets at fair value through profit or loss - noncurrent | 802.18a | 806.42a |
Financial assets at fair value through other comprehensive income - noncurrent | 46,292.74a | 51,596.61a |
Financial assets at amortized cost - noncurrent | 20a | 20a |
Financial assets for hedging - noncurrent | 1,257.41a | 1,009.42a |
Investments accounted for using the equity method | 14,705.99a | 13,886.28a |
Property, plant and equipment | 397,633.5a | 375,609.34a |
Right-of-use assets | 12,625.73a | 12,443.14a |
Investment properties | 10,035.9a | 9,765.15a |
Intangible assets | 1,136.54a | 1,223.33a |
Deferred tax assets | 11,615.77a | 9,150.01a |
Refundable deposits | 594.35a | 669.86a |
Other financial assets - noncurrent | 3,041.4a | 2,568.65a |
Other noncurrent assets | 2,399.33a | 2,648.7a |
Total noncurrent assets | 502,160.83a | 481,396.9a |
Total | 695,059.34a | 678,757.33a |
Liabilities and equity | — | — |
Current liabilities | — | — |
Short-term borrowings and bank overdraft | 36,169.58a | 33,811.07a |
Short-term bills payable | 25,608.23a | 62,945.8a |
Financial liabilities at fair value through profit or loss - current | 1.06a | 0a |
Financial liabilities for hedging - current | 1,120.64a | 91.68a |
Contract liabilities - current | 5,120.89a | 3,864.26a |
Notes payable | 609.23a | 1,120.16a |
Accounts payable | 18,189.69a | 17,218.45a |
Accounts payable - related parties | 357.63a | 88.78a |
Other payables | 26,948.59a | 19,550.22a |
Current tax liabilities | 1,121.3a | 1,301.18a |
Provisions - current | 3,505.49a | 6,210.21a |
Lease liabilities - current | 1,027.31a | 1,021.34a |
Current portion of bonds payable | 13,536.34a | 11,961.59a |
Current portion of long-term bank borrowings | 10,871.06a | 5,459.28a |
Refund liabilities - current | 1,245.94a | 1,613.9a |
Other current liabilities | 1,510.31a | 1,466.54a |
Total current liabilities | 146,943.28a | 167,724.44a |
Noncurrent liabilities | — | — |
Financial liabilities for hedging - noncurrent | 0a | 978.25a |
Contract liabilities - noncurrent | 45.12a | 48.4a |
Bonds payable | 54,134.82a | 58,838.79a |
Long-term bank borrowings | 71,419.13a | 52,165.05a |
Long-term bills payable | 49,227.68a | 24,700.26a |
Provisions - noncurrent | 1,629.69a | 947.92a |
Deferred tax liabilities | 14,918.2a | 14,162.36a |
Lease liabilities - noncurrent | 9,824.04a | 10,226.9a |
Net defined benefit liabilities | 4,259.94a | 5,513.54a |
Other noncurrent liabilities | 1,171.55a | 1,199.91a |
Total noncurrent liabilities | 206,630.16a | 168,781.39a |
Total liabilities | 353,573.44a | 336,505.83a |
Equity attributable to owners of the Corporation | — | — |
Share capital | — | — |
Ordinary shares | 157,348.61a | 157,348.61a |
Preference shares | 382.68a | 382.68a |
Total share capital | 157,731.29a | 157,731.29a |
Capital surplus | 41,082.91a | 40,688.82a |
Retained earnings | — | — |
Legal reserve | 74,847.26a | 74,683.3a |
Special reserve | 26,912.23a | 26,913.64a |
Unappropriated earnings | 17,127.98a | 19,642.51a |
Total retained earnings | 118,887.47a | 121,239.45a |
Other equity | -3,478.03a | -1,498.33a |
Treasury shares | -12,923.47a | -12,394.74a |
Total equity attributable to owners of the Corporation | 301,300.17a | 305,766.49a |
Non-controlling interests | 40,185.72a | 36,485.01a |
Total equity | 341,485.89a | 342,251.5a |
Total | 695,059.34a | 678,757.33a |
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