Below are the financial statements of Smoore International Holdings, 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 | 11,798.66a | 11,203.25a |
| Cost of revenue | -7,386.69a | -6,862.34a |
| Gross profit | 4,411.97a | 4,340.91a |
| Other income and expenses | 721.78a | 612.68a |
| Other gains and losses | -14.58a | -103.74a |
| Selling and distribution expenses | -919.55a | -526.24a |
| Administrative expenses | -914.11a | -867.15a |
| Research and development expenses | -1,572.31a | -1,482.85a |
| Finance costs | -37.86a | -27.19a |
| Net impairment losses on trade receivables | -20.28a | -9.88a |
| Profit before tax | 1,655.04a | 1,936.54a |
| Income tax expense | -351.79a | -291.45a |
| Profit for the year | 1,303.26a | 1,645.09a |
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