Below are the financial statements of Huaxin Building Materials 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 billions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 34.22a | 33.76a |
| Less: cost of sales | -25.77a | -24.74a |
| Taxes and surcharges | -0.81a | -0.74a |
| Selling expenses | -1.5a | -1.52a |
| Administrative expenses | -1.88a | -1.82a |
| Research and development expenses | -0.24a | -0.3a |
| Financial expenses | -0.69a | -0.7a |
| Including: interest expenses | -0.8a | -0.72a |
| Interest income | 0.19a | 0.13a |
| Add: other income | 0.22a | 0.18a |
| Investment income | 0.08a | 0.06a |
| Including: income from investments in associates and joint ventures | 0.03a | 0.02a |
| Gains from changes in fair value | 0.01a | -0.04a |
| Credit impairment losses | -0.09a | -0.07a |
| Impairment losses of assets | -0.08a | -0.14a |
| Gains on disposal of non-current assets | 0.75a | 0.43a |
| Operating profit | 4.22a | 4.35a |
| Add: non-operating income | 0.03a | 0.06a |
| Less: non-operating expenses | -0.14a | -0.09a |
| Profit before taxes | 4.11a | 4.33a |
| Less: income tax expenses | -1.16a | -1.11a |
| Profit | 2.95a | 3.22a |
| Classified by continuity of operations | — | — |
| Profit from continuing operations | 2.95a | 3.22a |
| Classified by attribution of ownership | — | — |
| Profit attributable to shareholders of the Company | 2.42a | 2.76a |
| Profit attributable to non-controlling interests | 0.54a | 0.46a |
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