Below are the financial statements of Seres 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 millions of CNY | 2024 | 2023 |
---|---|---|
Total operating revenue | 145,175.82a | 35,841.96a |
Operating revenue | 145,175.82a | 35,841.96a |
Interest income | 0a | 0a |
Earned premiums | 0a | 0a |
Fee and commission income | 0a | 0a |
Total operating costs | -139,119.94a | -41,822.14a |
Operating costs | -107,209.7a | -32,308.25a |
Interest paid | 0a | 0a |
Fee and commission expense | 0a | 0a |
Surrender payments | 0a | 0a |
Claims paid, net | 0a | 0a |
Net provision for insurance contract liabilities | 0a | 0a |
Policyholder dividends | 0a | 0a |
Reinsurance expense | 0a | 0a |
Taxes and surcharges | -3,888.13a | -903.75a |
Selling expenses | -19,184.25a | -5,276.15a |
Administrative expenses | -3,546.85a | -1,653.33a |
Research and development expenses | -5,585.5a | -1,696.48a |
Finance costs | -294.5a | -15.81a |
Interest expense | -240.38a | -308.75a |
Interest income | 527.25a | 294.61a |
Other income | 1,067.69a | 548.5a |
Investment income (loss) | 10.33a | 1,789.12a |
Share of profit (loss) of associates and joint ventures | -74.02a | 1.06a |
Gain on derecognition of financial assets measured at amortized cost | 0a | 0a |
Exchange gains (losses) | 0a | 0a |
Net hedging gains (losses) | 0a | 0a |
Gains (losses) from changes in fair value | 100.51a | 22.29a |
Credit impairment loss | -118.44a | -82.65a |
Asset impairment loss | -2,177.29a | -423.61a |
Gain (loss) on disposal of assets | 3.51a | 133.01a |
Operating profit (loss) | 4,942.18a | -3,993.53a |
Non-operating income | 45.97a | 48.36a |
Non-operating expenses | -36.8a | -135.69a |
Profit (loss) before income tax | 4,951.35a | -4,080.86a |
Income tax expense | -211.23a | -75.86a |
Net profit (loss) | 4,740.12a | -4,156.72a |
Net profit (loss) from continuing operations | 4,740.12a | -4,156.72a |
Net profit (loss) from discontinued operations | 0a | 0a |
Net profit (loss) attributable to owners of the parent | 5,945.95a | -2,449.69a |
Non-controlling interests | -1,205.83a | -1,707.03a |
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