Below are the financial statements of MCC, 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 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Operating revenue | 552.02a | 633.87a |
| Of which: Operating revenue | 552.02a | 633.87a |
| Total operating costs | -533.08a | -610.63a |
| Operating cost | -498.54a | -572.46a |
| Taxes and surcharges | -2.16a | -1.92a |
| Selling expenses | -3.06a | -3.17a |
| Administrative expenses | -11.83a | -12.36a |
| R&D expenses | -16.41a | -19.73a |
| Finance expenses | -1.08a | -0.99a |
| Interest expense | -3.36a | -2.64a |
| Interest income | 2.72a | 2a |
| Other income | 0.55a | 0.56a |
| Investment loss | -1.35a | -1.49a |
| Share of profit of associates and joint ventures | 0.14a | 0.51a |
| Loss on derecognition of financial assets measured at amortized cost | -1.09a | -1.74a |
| Loss from changes in fair value | -0.38a | -0.31a |
| Credit impairment loss | -7.19a | -5.99a |
| Asset impairment loss | -2.54a | -2.95a |
| Gain on disposal of assets | 1.05a | 0.66a |
| Operating profit | 9.08a | 13.72a |
| Non-operating income | 0.45a | 0.29a |
| Non-operating expense | -0.28a | -0.24a |
| Total profit | 9.25a | 13.76a |
| Income tax expense | -1.35a | -2.36a |
| Net profit | 7.9a | 11.41a |
| By operating continuity | — | — |
| Net profit from continuing operations | 7.9a | 11.41a |
| By ownership attribution | — | — |
| Net profit attributable to shareholders of the parent | 6.75a | 8.67a |
| Noncontrolling interests | 1.16a | 2.74a |
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