Below are the financial statements of Qingdao Port International, 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 | 18,941a | 18,173.13a |
| Cost of sales | -12,227.05a | -11,701.55a |
| Taxes and surcharges | -171.77a | -149.3a |
| Selling and distribution expenses | -65.03a | -76.14a |
| General and administrative expenses | -1,067.12a | -1,036.93a |
| Research and development expenses | -104.98a | -104.94a |
| Financial expenses | -60.19a | -108.78a |
| Interest expenses | -123.91a | -161.76a |
| Interest income | 138.73a | 129.24a |
| Other income | 119.79a | 146.43a |
| Investment income | 1,693.25a | 1,570.33a |
| Investment income from associates and joint ventures | 1,656.63a | 1,531.22a |
| Losses/gains on changes in fair value | 4.63a | -0.56a |
| Credit impairment reversals/(losses) | -15.17a | 49.48a |
| Asset impairment losses | -3.91a | -23.32a |
| Gains on disposal of assets | 30.02a | 15.34a |
| Operating profit | 7,073.46a | 6,753.19a |
| Non-operating income | 11.7a | 41.48a |
| Non-operating expenses | -17.37a | -4.92a |
| Total profit | 7,067.79a | 6,789.74a |
| Income tax expenses | -1,335.52a | -1,272.08a |
| Net profit | 5,732.26a | 5,517.66a |
| Net profit/(loss) of the acquiree in a business combination under common control before the combination date | 0a | 0a |
| Classified by continuity of operations | — | — |
| Net profit from continuing operations | 5,732.26a | 5,517.66a |
| Net profit from discontinued operations | 0a | 0a |
| Classified by ownership of the equity | — | — |
| Minority interests | 497.37a | 594.34a |
| Net profit attributable to shareholders of the parent company | 5,234.9a | 4,923.32a |
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