Guangzhou Automobile Group Co Ltd

Common Name

Guangzhou Automobile Group

Country

China (Mainland)

Sector

Consumer Cyclical

Industry

Auto Manufacturers

Employees

86,451

Ticker

601238

Exchange

SHANGHAI STOCK EXCHANGE

Website

www.gac.com.cn

Description

Guangzhou Automobile Group Co. Ltd. is a prominent automotive manufacturer based in China. Specializing in the production, research, and development of automotive vehicles and related components, it s... Show more

Financial Statements of Guangzhou Automobile Group

Below are the financial statements of Guangzhou Automobile 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.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of CNY	2024	2023
Current assets	—	—
Cash and cash equivalents	51,623.67^a	48,895.16^a
Trading financial assets	2,558.79^a	2,790.79^a
Notes receivable	80.27^a	451.68^a
Accounts receivable	3,352.94^a	5,303.95^a
Receivables financing	1,506.48^a	1,812.48^a
Prepayments	1,507.21^a	2,108.13^a
Other receivables	2,779.72^a	1,848.07^a
Interest receivable	0^a	0^a
Dividends receivable	122.73^a	73.85^a
Inventories	15,688.48^a	16,720.31^a
Contract assets	18.79^a	0^a
Assets held for sale	1.36^a	0^a
Non-current assets due within one year	8,992.49^a	4,926.4^a
Other current assets	23,915.86^a	16,253.65^a
Total current assets	112,026.05^a	101,110.64^a
Non-current assets	—	—
Loans and advances	307.74^a	3,519.17^a
Debt investments	173.96^a	401.8^a
Other debt investments	8,865.65^a	4,367.57^a
Long-term receivables	6,812.68^a	6,453.51^a
Long-term equity investments	30,099.84^a	37,137.45^a
Other equity instrument investments	2,850.61^a	726.79^a
Other non-current financial assets	1,972.04^a	2,363.51^a
Investment property	984.35^a	1,061.63^a
Property, plant and equipment	25,251.59^a	21,927.17^a
Construction in progress	2,766.25^a	2,621.43^a
Right-of-use assets	2,145.65^a	1,895.84^a
Intangible assets	19,352.31^a	19,872.71^a
Development expenditures	4,916.5^a	3,128.43^a
Goodwill	71.11^a	56.59^a
Long-term deferred expenses	1,078.11^a	906.75^a
Deferred tax assets	5,777.1^a	4,366.13^a
Other non-current assets	7,006.79^a	6,477.62^a
Total non-current assets	120,432.29^a	117,284.11^a
Total assets	232,458.34^a	218,394.75^a
Current liabilities	—	—
Short-term borrowings	16,577.46^a	11,673.73^a
Notes payable	14,066.76^a	7,237.28^a
Accounts payable	21,429.01^a	20,346.57^a
Advances from customers	0^a	0^a
Contract liabilities	2,573.11^a	2,520.62^a
Deposits and interbank placements	5,395.43^a	8,113.92^a
Employee benefits payable	4,124.27^a	4,274.48^a
Taxes payable	1,487.11^a	947.22^a
Other payables	13,201.81^a	12,320.57^a
Current portion of non-current liabilities	7,986.83^a	7,054.69^a
Other current liabilities	3,614.69^a	2,637.88^a
Total current liabilities	90,456.48^a	77,126.95^a
Non-current liabilities	—	—
Long-term borrowings	11,514.17^a	8,902.72^a
Lease liabilities	1,727.52^a	1,484.77^a
Long-term payables	0^a	0^a
Long-term employee benefits payable	113.41^a	111.6^a
Provisions	1,326.75^a	1,030.49^a
Deferred income	2,880.27^a	2,178.23^a
Deferred tax liabilities	579.74^a	240.01^a
Other non-current liabilities	2,083.4^a	2,920.19^a
Total non-current liabilities	20,225.28^a	16,868.01^a
Total liabilities	110,681.76^a	93,994.96^a
Shareholders' equity	—	—
Share capital	10,341.52^a	10,490.23^a
Capital surplus	41,158.83^a	41,393.65^a
Treasury shares	518.5^a	127.97^a
Other comprehensive income	36.5^a	119.32^a
Special reserves	76.88^a	62.27^a
Surplus reserve	5,498.4^a	5,498.4^a
General risk reserve	681.7^a	657.58^a
Retained earnings	57,078.75^a	57,626.67^a
Total equity attributable to owners of the parent	114,354.08^a	115,720.15^a
Noncontrolling interests	7,422.5^a	8,679.63^a
Total shareholders' equity	121,776.58^a	124,399.79^a
Total liabilities and shareholders' equity	232,458.34^a	218,394.75^a

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Verified Sources Behind Guangzhou Automobile Group’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Guangzhou Automobile Group’s data sources below and access millions more through our Disclosure Search.

a. Guangzhou Automobile Group's Annual Report 2024

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Financial Statements of Guangzhou Automobile Group

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