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 | 2023 |
|---|---|---|
| Revenue | 22,323.57a | 24,293.67a |
| Cost of sales | -15,593.91a | -16,476.2a |
| Gross profit | 6,729.66a | 7,817.48a |
| Other income | 721.75a | 605.72a |
| Other gains/(losses) - net | 113.54a | -40.43a |
| Selling and marketing costs | -1,055.66a | -1,186.27a |
| Administrative and other operating expenses | -2,244.03a | -2,051.09a |
| Net impairment losses on financial assets | -79.76a | -3.78a |
| Operating profit | 4,185.5a | 5,141.62a |
| Finance income | 46.69a | 177.63a |
| Finance costs | -181.03a | -456.36a |
| Share of profits of associates | 196.87a | 912.26a |
| Profit before income tax | 4,248.03a | 5,775.15a |
| Income tax expense | -876.12a | -879.67a |
| Profit for the year | 3,371.91a | 4,895.48a |
| Profit attributable to | — | — |
| Equity holders of the company | 3,369.17a | 4,883.1a |
| Non-controlling interests | 2.74a | 12.38a |
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