Below are the financial statements of Hengan International 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 millions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 22,669.22a | 23,767.94a |
| Cost of goods sold | -15,344.28a | -15,757.25a |
| Gross profit | 7,324.94a | 8,010.69a |
| Selling and distribution costs | -3,687.69a | -3,552.9a |
| Administrative expenses | -1,422.54a | -1,515.99a |
| Net impairment losses on financial assets | -68.01a | -123.32a |
| Other income and other gains - net | 1,207.89a | 1,159.45a |
| Operating profit | 3,354.59a | 3,977.93a |
| Finance income | 180.4a | 273.35a |
| Finance costs | -563.58a | -646.58a |
| Finance costs - net | -383.18a | -373.23a |
| Share of results of investments accounted for using the equity method | 0.38a | 0.7a |
| Profit before tax | 2,971.79a | 3,605.4a |
| Income tax expense | -675.19a | -798a |
| Profit for the year | 2,296.6a | 2,807.4a |
| Profit attributable to | — | — |
| Shareholders of the company | 2,298.54a | 2,800.53a |
| Non-controlling interests | -1.93a | 6.87a |
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