Below are the financial statements of COSCO Shipping Holdings, 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 as of 2024-12-31 | 2023 as of 2023-12-31 |
---|---|---|
Assets | — | — |
Non-current assets | — | — |
Property, plant and equipment | 151,162.58a | 129,796.1a |
Right-of-use assets | 43,951.78a | 44,644.17a |
Investment properties | 3,415.22a | 3,254.22a |
Intangible assets | 4,669a | 4,705.74a |
Goodwill | 6,400.68a | 6,358.22a |
Investments in joint ventures | 8,926.61a | 8,732.4a |
Investments in associates | 63,574.79a | 58,146.92a |
Financial assets at fair value through other comprehensive income | 4,916.68a | 1,918.24a |
Financial assets at fair value through profit or loss | 444.76a | 425.46a |
Financial assets at amortised cost | 344.25a | 374.86a |
Deferred income tax assets | 1,045.99a | 918.51a |
Loans to associates | 840.96a | 227.93a |
Pension and retirement assets | 122.01a | 95.55a |
Other non-current assets | 1,539.93a | 392.78a |
Total non-current assets | 291,355.24a | 259,991.09a |
Current assets | — | — |
Inventories | 6,332.47a | 6,561.36a |
Trade and other receivables and contract assets | 14,497.44a | 13,438.88a |
Financial assets at fair value through profit or loss | 65.95a | 95a |
Financial assets at amortised cost | 41.76a | 5.75a |
Derivative financial assets | 0a | 19.11a |
Taxes recoverable | 116.74a | 103.3a |
Restricted bank deposits | 873.54a | 1,190.7a |
Cash and cash equivalents | 184,189.08a | 181,165.44a |
Total current assets | 206,116.98a | 202,579.53a |
Total assets | 497,472.21a | 462,570.62a |
Equity | — | — |
Share capital | 15,960.83a | 16,071.06a |
Reserves | 218,707.24a | 180,044.17a |
Equity attributable to the equity holders of the Company | 234,668.06a | 196,115.23a |
Non-controlling interests | 50,390.71a | 47,235.8a |
Total equity | 285,058.78a | 243,351.03a |
Liabilities | — | — |
Non-current liabilities | — | — |
Long-term borrowings | 30,946a | 32,740.76a |
Lease liabilities | 31,607.13a | 31,842.02a |
Provisions and other liabilities | 6,898.58a | 7,005.65a |
Put option liability | 0a | 1,742.44a |
Pension and retirement liabilities | 350.43a | 320.85a |
Deferred income tax liabilities | 19,820.59a | 18,231.51a |
Total non-current liabilities | 89,622.73a | 91,883.23a |
Current liabilities | — | — |
Trade and other payables and contract liabilities | 104,269.06a | 106,049.47a |
Short-term borrowings | 1,703.64a | 2,417.52a |
Current portion of long-term borrowings | 2,026.04a | 8,118.64a |
Current portion of lease liabilities | 9,939.46a | 9,266.76a |
Current portion of provisions and other liabilities | 37.38a | 37a |
Put option liability | 1,820.03a | 0a |
Tax payables | 2,995.1a | 1,446.98a |
Total current liabilities | 122,790.7a | 127,336.37a |
Total liabilities | 212,413.44a | 219,219.6a |
Total equity and liabilities | 497,472.21a | 462,570.62a |
Net current assets | 83,326.27a | 75,243.16a |
Total assets less current liabilities | 374,681.51a | 335,234.25a |
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