Below are the financial statements of Longfor Group 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 billions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 127.47a | 180.74a |
| Cost of sales | -107.06a | -150.15a |
| Gross profit | 20.41a | 30.58a |
| Other income | 1.08a | 1.51a |
| Other gains and losses | 0.74a | 0.82a |
| Lease liability charges | -0.78a | -0.79a |
| Fair value gain upon transfer to investment properties | 0a | 0.01a |
| Change in fair value of investment properties | 4.76a | 2a |
| Change in fair value of other derivative financial instruments | 0.46a | -0.04a |
| Selling and marketing expenses | -4.23a | -5.26a |
| Administrative expenses | -4.46a | -5.5a |
| Finance costs | -0.08a | -0.15a |
| Share of results of associates | 0.24a | 0.13a |
| Share of results of joint ventures | 0.61a | 1.42a |
| Profit before taxation | 18.73a | 24.73a |
| Income tax expense | -6.61a | -7.6a |
| Profit for the year | 12.13a | 17.13a |
| Profit attributable to | — | — |
| Owners of the company | 10.4a | 12.85a |
| Non-controlling interests | 1.72a | 4.28a |
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