Below are the financial statements of Xinyi Solar 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 | 36,167.79a | 33,310.67a | 24,554.17a |
| Right-of-use assets | 2,175.44a | 2,153.39a | 1,939.17a |
| Intangible assets | 29.35a | 28.23a | 18.93a |
| Prepayments for land use rights and property, plant and equipment | 415.87a | 863.21a | 1,006.02a |
| Finance lease receivables | 167.97a | 192.41a | 196.72a |
| Investments accounted for using the equity method | 244.46a | 313.74a | 305.16a |
| Deferred income tax assets | 168.68a | 142.78a | 125.37a |
| Total non-current assets | 39,369.54a | 37,004.43a | 28,145.51a |
| Current assets | — | — | — |
| Inventories | 2,856.04a | 1,912.06a | 1,815.97a |
| Contract assets | 33.32a | 30.53a | 37.33a |
| Trade receivables | 8,541.36a | 7,367.23a | 6,457.36a |
| Bills receivables at amortised cost | 3,046.84a | 3,059.28a | 2,104.08a |
| Bills receivables at fair value through other comprehensive income | 280.76a | 467.09a | 768.44a |
| Financial assets at fair value through profit or loss | 58.24a | 50.85a | 0a |
| Prepayments, deposits and other receivables | 1,494.62a | 1,621.09a | 911.42a |
| Finance lease receivables | 11.88a | 11.9a | 10.77a |
| Current tax assets | 204.03a | 3.19a | 91.11a |
| Amounts due from related companies | 0.89a | 10.32a | 7.52a |
| Amounts due from investments accounted for using the equity method | 62.42a | 0a | 89.82a |
| Restricted cash | 19.59a | 961.62a | 40.03a |
| Fixed bank deposits | 131.34a | 0a | 0a |
| Cash and cash equivalents | 821.61a | 2,572.28a | 4,765.98a |
| Total current assets | 17,562.94a | 18,067.42a | 17,099.84a |
| Total assets | 56,932.48a | 55,071.85a | 45,245.35a |
| Equity | — | — | — |
| Capital and reserves attributable to the equity holders of the company | — | — | — |
| Share capital | 738.83a | 723a | 722.38a |
| Share premium and other reserves | 10,148.44a | 10,191.86a | 10,491.9a |
| Retained earnings | 18,164.53a | 18,223.2a | 15,413.3a |
| Non-controlling interests | 5,356.08a | 5,357.04a | 4,886.71a |
| Total equity | 34,407.87a | 34,495.1a | 31,514.29a |
| Liabilities | — | — | — |
| Non-current liabilities | — | — | — |
| Deferred income tax liabilities | 150.35a | 175.73a | 156.57a |
| Borrowings | 5,496.8a | 3,299.71a | 3,288.02a |
| Lease liabilities | 831.63a | 843.04a | 743.07a |
| Other payables | 701.97a | 559.86a | 48.19a |
| Total non-current liabilities | 7,180.74a | 4,878.33a | 4,235.85a |
| Current liabilities | — | — | — |
| Borrowings | 6,143.26a | 6,273.64a | 3,900.05a |
| Trade, bills and other payables | 7,132.31a | 7,572.01a | 4,851.92a |
| Contract liabilities | 79.42a | 76.59a | 98.13a |
| Lease liabilities | 71.72a | 77.72a | 44.79a |
| Amounts due to related companies | 1,852.13a | 1,505.83a | 402.89a |
| Current income tax liabilities | 65.04a | 192.62a | 197.43a |
| Total current liabilities | 15,343.87a | 15,698.41a | 9,495.2a |
| Total liabilities | 22,524.61a | 20,576.75a | 13,731.06a |
| Total equity and liabilities | 56,932.48a | 55,071.85a | 45,245.35a |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Xinyi Solar Holdings’s data sources below and access millions more through our Disclosure Search.