Below are the financial statements of Xinyi Glass 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 as of 2024-12-31 | 2023 as of 2023-12-31 | 2023 as of 2023-01-01 |
|---|---|---|---|
| Assets | — | — | — |
| Non-current assets | — | — | — |
| Property, plant and equipment | 18,911.46a | 16,603.33a | 15,710.39a |
| Right-of-use assets | 3,874.35a | 3,977.85a | 3,781.44a |
| Investment properties | 1,769.63a | 1,404.15a | 1,334.1a |
| Prepayments for property, plant and equipment, right-of-use assets and intangible assets | 1,312.03a | 848.8a | 823.89a |
| Intangible assets | 1,141.16a | 1,128.98a | 779.45a |
| Financial assets at fair value through other comprehensive income | 0a | 0a | 24.56a |
| Investments in associates | 9,203.63a | 9,066.71a | 8,366.72a |
| Loans to an associate | 0a | 25a | 25a |
| Fixed bank deposits | 70a | 850a | 4,336.44a |
| Deferred income tax assets | 5.15a | 4.03a | 0a |
| Non-current assets | 36,287.41a | 33,908.85a | 35,182a |
| Current assets | — | — | — |
| Inventories | 3,492.21a | 3,470.94a | 3,845.08a |
| Trade and other receivables | 6,637.5a | 6,624.36a | 4,086.41a |
| Financial assets at fair value through profit and loss | 21.93a | 38.63a | 657.01a |
| Pledged bank deposits | 83.14a | 133.76a | 126.53a |
| Fixed bank deposits | 100a | 325a | 0a |
| Cash and cash equivalents | 1,456.12a | 1,814.61a | 2,845.92a |
| Current assets | 11,790.89a | 12,407.3a | 11,560.95a |
| Total assets | 48,078.3a | 46,316.14a | 46,742.94a |
| Equity | — | — | — |
| Equity attributable to the equity holders of the Company | — | — | — |
| Share capital | 408.38a | 396.22a | 385.8a |
| Share premium | 3,048.09a | 2,246.1a | 1,101.63a |
| Other reserves | 3,256.03a | 2,979.13a | 2,767.59a |
| Retained earnings | 27,572.29a | 26,968.45a | 24,358.2a |
| Equity attributable to the equity holders of the Company | 34,284.79a | 32,589.9a | 28,613.23a |
| Non-controlling interests | 92.36a | 104.75a | 102.7a |
| Total equity | 34,377.14a | 32,694.65a | 28,715.93a |
| Liabilities | — | — | — |
| Non-current liabilities | — | — | — |
| Bank borrowings | 1,882.22a | 2,661.69a | 6,909.74a |
| Deferred income tax liabilities | 579.1a | 476.68a | 418.88a |
| Lease liabilities | 2.74a | 9.04a | 0.76a |
| Other payables | 112.23a | 130.1a | 45.87a |
| Non-current liabilities | 2,576.29a | 3,277.51a | 7,375.25a |
| Current liabilities | — | — | — |
| Trade, other payables and contract liabilities | 4,653.19a | 4,447.67a | 4,829.42a |
| Current income tax liabilities | 1,034.47a | 1,100.19a | 618.8a |
| Lease liabilities | 6.34a | 7.19a | 18.1a |
| Bank borrowings | 5,430.87a | 4,788.94a | 5,185.44a |
| Current liabilities | 11,124.87a | 10,343.98a | 10,651.76a |
| Total liabilities | 13,701.16a | 13,621.49a | 18,027.02a |
| Total equity and liabilities | 48,078.3a | 46,316.14a | 46,742.94a |
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