Below are the financial statements of Tsingtao Brewery, 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 |
---|---|---|
Current assets | — | — |
Cash at bank and on hand | 17,978.77a | 19,282.1a |
Financial assets held for trading | 2,021.8a | 1,924.08a |
Accounts receivable | 102.42a | 100.39a |
Advances to suppliers | 241.9a | 210.98a |
Other receivables | 83.28a | 184.37a |
Dividends receivable | 0a | 0a |
Inventories | 3,576.39a | 3,539.83a |
Current portion of non-current assets | 51.71a | 28.43a |
Other current assets | 1,132.64a | 4,341.75a |
Total current assets | 25,188.92a | 29,611.93a |
Non-current assets | — | — |
Debt investments | 0a | 0a |
Long-term equity investments | 391.87a | 364.74a |
Other non-current financial assets | 2,498.38a | 1,425.49a |
Investment properties | 41.14a | 44.16a |
Fixed assets | 11,817.65a | 11,145.72a |
Construction in progress | 630.87a | 498.57a |
Right-of-use assets | 115.67a | 119.55a |
Intangible assets | 2,684.12a | 2,493.07a |
Goodwill | 1,307.1a | 1,307.1a |
Long-term prepaid expenses | 85.7a | 111.11a |
Deferred tax assets | 1,930.04a | 2,025.85a |
Other non-current assets | 4,728.91a | 108.73a |
Total non-current assets | 26,231.47a | 19,644.09a |
Total assets | 51,420.39a | 49,256.01a |
Current liabilities | — | — |
Short-term borrowings | 0a | 0a |
Notes payable | 217.16a | 193.67a |
Accounts payable | 3,053.51a | 2,952.83a |
Contract liabilities | 8,312.56a | 7,691.3a |
Employee benefits payable | 1,766.79a | 2,096.9a |
Taxes payable | 392.94a | 343.5a |
Other payables | 3,269.71a | 3,230.51a |
Dividends payable | 0.91a | 0a |
Current portion of non-current liabilities | 42.06a | 50.25a |
Other current liabilities | 467.6a | 359.52a |
Total current liabilities | 17,522.33a | 16,918.48a |
Non-current liabilities | — | — |
Lease liabilities | 68.24a | 63.39a |
Long-term payables | 16.09a | 16.21a |
Long-term employee benefits payable | 747.15a | 877.48a |
Deferred income | 2,947.29a | 2,887.54a |
Deferred tax liabilities | 259.75a | 238.17a |
Total non-current liabilities | 4,038.51a | 4,082.78a |
Total liabilities | 21,560.84a | 21,001.26a |
Shareholders' equity | — | — |
Share capital | 1,364.2a | 1,364.2a |
Capital surplus | 4,198.11a | 4,207.46a |
Less: treasury stock | 1.5a | 77.64a |
Other comprehensive income | -153.54a | -81.06a |
Surplus reserve | 1,400.7a | 1,400.7a |
General reserve | 301.76a | 301.76a |
Undistributed profits | 21,950.66a | 20,334.07a |
Total equity attributable to shareholders of the company | 29,060.38a | 27,449.48a |
Non-controlling interests | 799.16a | 805.27a |
Total shareholders' equity | 29,859.54a | 28,254.75a |
Total liabilities and shareholders' equity | 51,420.39a | 49,256.01a |
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