Below are the financial statements of Sunny Optical, 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 | 38,294.49a | 31,681.26a |
| Cost of sales | -31,288.46a | -27,090.82a |
| Gross profit | 7,006.03a | 4,590.44a |
| Other income | 1,333.07a | 1,329.72a |
| Other gains and losses | -51.79a | -121.59a |
| Impairment losses under expected credit loss model, net of reversal | -0.1a | -22.31a |
| Selling and distribution expenses | -439.33a | -415.1a |
| Research and development expenditure | -2,924.11a | -2,566.48a |
| Administrative expenses | -1,399.23a | -1,009.9a |
| Share of results of associates | 118.38a | 22.52a |
| Finance costs | -499.38a | -449.15a |
| Profit before tax | 3,143.53a | 1,358.15a |
| Income tax expense | -366.51a | -207.83a |
| Profit for the year | 2,777.02a | 1,150.32a |
| Profit for the year attributable to | — | — |
| Owners of the Company | 2,699.16a | 1,099.42a |
| Non-controlling interests | 77.87a | 50.91a |
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