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Below are the financial statements of Shandong Sun Paper, 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.
Below are the financial statements of Shandong Sun Paper, 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 | 40,726.52a | 39,544.34a |
| Operating revenue | 40,726.52a | 39,544.34a |
| Interest income | 0a | 0a |
| Earned premiums | 0a | 0a |
| Fee and commission income | 0a | 0a |
| Total operating costs | -37,050.73a | -36,280.46a |
| Operating costs | -34,205.25a | -33,260.52a |
| Interest expense | 0a | 0a |
| Fee and commission expense | 0a | 0a |
| Surrender expenses | 0a | 0a |
| Net claims paid | 0a | 0a |
| Net provision for insurance contract liabilities | 0a | 0a |
| Policyholder dividend expense | 0a | 0a |
| Reinsurance expenses | 0a | 0a |
| Taxes and surcharges | -205.93a | -219.58a |
| Selling expenses | -176.53a | -154.34a |
| Administrative expenses | -984.94a | -956.91a |
| Research and development expenses | -762.03a | -929.04a |
| Finance costs | -716.05a | -760.08a |
| Interest expenses | -600.47a | -667.05a |
| Interest income | 23.52a | 23.92a |
| Other income | 95.03a | 70.05a |
| Investment income (loss) | 34.35a | 20.88a |
| Share of profit of associates and joint ventures | 33.25a | 21.06a |
| Gains on derecognition of financial assets measured at amortized cost | 0a | 0a |
| Exchange gains (losses) | 0a | 0a |
| Net hedging gains (losses) | 0a | 0a |
| Fair value gains (losses) | -1.45a | 18.18a |
| Credit impairment losses (loss) | -11.37a | -9.98a |
| Asset impairment losses (loss) | -9.08a | -66.93a |
| Gains (losses) on disposal of assets | -170.63a | 0.37a |
| Operating profit (loss) | 3,612.64a | 3,296.44a |
| Non-operating income | 11.34a | 31.44a |
| Non-operating expenses | -42.05a | -8.27a |
| Total profit (loss) | 3,581.93a | 3,319.61a |
| Income tax expense | -471.17a | -218.57a |
| Net profit (loss) | 3,110.76a | 3,101.04a |
| By continuity of operations | — | — |
| Continuing operations net profit (loss) | 3,110.76a | 3,101.04a |
| Discontinued operations net profit (loss) | 0a | 0a |
| By ownership attribution | — | — |
| Net profit attributable to shareholders of the parent company | 3,101.26a | 3,085.69a |
| Non-controlling interests | 9.51a | 15.35a |
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