Xinyi Solar Holdings Ltd

Common Name

Xinyi Solar Holdings

Country

China (Mainland)

Sector

Technology

Industry

Solar

Employees

8,087

Ticker

968

Exchange

HONG KONG EXCHANGES AND CLEARING LTD

Website

www.xinyisolar.com

Description

Xinyi Solar Holdings Limited, an investment holding company, produces, sells, and trades in solar glass products in Mainland China, rest of Asia, North America, Europe, and internationally. It operate... Show more

Financial Statements of Xinyi Solar Holdings

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.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of CNY	2024	2023
Non-current assets	—	—
Property, plant and equipment	36,167.79^a	33,310.67^a
Property, plant and equipment	0	24,554.17^a
Right-of-use assets	2,175.44^a	2,153.39^a
Right-of-use assets	0	1,939.17^a
Intangible assets	29.35^a	28.23^a
Intangible assets	0	18.93^a
Prepayments for land use rights and property, plant and equipment	415.87^a	863.21^a
Prepayments for land use rights and property, plant and equipment	0	1,006.02^a
Finance lease receivables	167.97^a	192.41^a
Finance lease receivables	0	196.72^a
Investments accounted for using the equity method	244.46^a	313.74^a
Investments accounted for using the equity method	0	305.16^a
Deferred income tax assets	168.68^a	142.78^a
Deferred income tax assets	0	125.37^a
Total non-current assets	39,369.54^a	37,004.43^a
Total non-current assets	0	28,145.51^a
Current assets	—	—
Inventories	2,856.04^a	1,912.06^a
Inventories	0	1,815.97^a
Contract assets	33.32^a	30.53^a
Contract assets	0	37.33^a
Trade receivables	8,541.36^a	7,367.23^a
Trade receivables	0	6,457.36^a
Bills receivables at amortised cost	3,046.84^a	3,059.28^a
Bills receivables at amortised cost	0	2,104.08^a
Bills receivables at fair value through other comprehensive income	280.76^a	467.09^a
Bills receivables at fair value through other comprehensive income	0	768.44^a
Financial assets at fair value through profit or loss	58.24^a	50.85^a
Financial assets at fair value through profit or loss	0	0^a
Prepayments, deposits and other receivables	1,494.62^a	1,621.09^a
Prepayments, deposits and other receivables	0	911.42^a
Finance lease receivables	11.88^a	11.9^a
Finance lease receivables	0	10.77^a
Current tax assets	204.03^a	3.19^a
Current tax assets	0	91.11^a
Amounts due from related companies	0.89^a	10.32^a
Amounts due from related companies	0	7.52^a
Amounts due from investments accounted for using the equity method	62.42^a	0^a
Amounts due from investments accounted for using the equity method	0	89.82^a
Restricted cash	19.59^a	961.62^a
Restricted cash	0	40.03^a
Fixed bank deposits	131.34^a	0^a
Fixed bank deposits	0	0^a
Cash and cash equivalents	821.61^a	2,572.28^a
Cash and cash equivalents	0	4,765.98^a
Total current assets	17,562.94^a	18,067.42^a
Total current assets	0	17,099.84^a
Total assets	56,932.48^a	55,071.85^a
Total assets	0	45,245.35^a
Capital and reserves attributable to the equity holders of the company	—	—
Share capital	738.83^a	723^a
Share capital	0	722.38^a
Share premium and other reserves	10,148.44^a	10,191.86^a
Share premium and other reserves	0	10,491.9^a
Retained earnings	18,164.53^a	18,223.2^a
Retained earnings	0	15,413.3^a
Equity	—	—
Non-controlling interests	5,356.08^a	5,357.04^a
Non-controlling interests	0	4,886.71^a
Total equity	34,407.87^a	34,495.1^a
Total equity	0	31,514.29^a
Non-current liabilities	—	—
Deferred income tax liabilities	150.35^a	175.73^a
Deferred income tax liabilities	0	156.57^a
Borrowings	5,496.8^a	3,299.71^a
Borrowings	0	3,288.02^a
Lease liabilities	831.63^a	843.04^a
Lease liabilities	0	743.07^a
Other payables	701.97^a	559.86^a
Other payables	0	48.19^a
Total non-current liabilities	7,180.74^a	4,878.33^a
Total non-current liabilities	0	4,235.85^a
Current liabilities	—	—
Borrowings	6,143.26^a	6,273.64^a
Borrowings	0	3,900.05^a
Trade, bills and other payables	7,132.31^a	7,572.01^a
Trade, bills and other payables	0	4,851.92^a
Contract liabilities	79.42^a	76.59^a
Contract liabilities	0	98.13^a
Lease liabilities	71.72^a	77.72^a
Lease liabilities	0	44.79^a
Amounts due to related companies	1,852.13^a	1,505.83^a
Amounts due to related companies	0	402.89^a
Current income tax liabilities	65.04^a	192.62^a
Current income tax liabilities	0	197.43^a
Total current liabilities	15,343.87^a	15,698.41^a
Total current liabilities	0	9,495.2^a
Total liabilities	22,524.61^a	20,576.75^a
Total liabilities	0	13,731.06^a
Total equity and liabilities	56,932.48^a	55,071.85^a
Total equity and liabilities	0	45,245.35^a

Verified Sources Behind Xinyi Solar Holdings’s Financial Fundamentals Data

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a. Xinyi Solar Holdings's Annual Report 2024

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Xinyi Solar Holdings Ltd

Financial Statements of Xinyi Solar Holdings

Verified Sources Behind Xinyi Solar Holdings’s Financial Fundamentals Data

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