Below are the financial statements of LONGi Green Energy Technology, 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 |
|---|---|---|
| Total operating cost | -84.69a | -114.63a |
| Cost of sale | -76.44a | -105.49a |
| Taxes and surcharges | -0.34a | -0.74a |
| Selling expenses | -2.91a | -3.03a |
| Administrative expenses | -3.43a | -4.92a |
| R&D expenses | -1.82a | -2.28a |
| Financial expenses | -0.24a | -1.83a |
| Interest expenses | -0.85a | -0.52a |
| Interest income | 0.95a | 1.52a |
| Add: other income | 1.26a | 0.94a |
| Investment income (loss to be listed with "-") | 0.13a | 3.48a |
| Income from investment in associates and joint ventures | -0.18a | 3.38a |
| Gains from derecognition of financial assets measured at amortized cost | -0.01a | - |
| Income from changes in fair value (loss to be listed with "-") | -0.01a | -0.01a |
| Credit impairment loss (loss to be listed with "-") | -0.18a | -0.06a |
| Asset impairment loss (loss to be listed with "-") | -8.7a | -7.02a |
| Income from asset disposal (loss to be listed with "-") | -0.15a | -0.07a |
| Operating profit (loss to be listed with "-") | -9.75a | 12.11a |
| Add: non-operating income | 0.08a | 0.06a |
| Less: non-operating expenses | -0.53a | -0.18a |
| Total profit (total loss to be listed with "-") | -10.21a | 11.99a |
| Less: income tax expenses | -1.53a | -1.3a |
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