Below are the financial statements of Yadea Group 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 billions of CNY | 2024 | 2023 |
|---|---|---|
| Revenue | 28.24a | 34.76a |
| Cost of sales | -23.95a | -28.88a |
| Gross profit | 4.29a | 5.89a |
| Selling and distribution expenses | -1.22a | -1.44a |
| Administrative expenses | -0.9a | -1.11a |
| Research and development costs | -1.15a | -1.19a |
| Other income and gains - net | 0.64a | 0.98a |
| Operating profit | 1.67a | 3.13a |
| Finance costs | -0.04a | -0.04a |
| Share of losses of investments accounted for using the equity method | -0.05a | -0.07a |
| Profit before income tax | 1.58a | 3.02a |
| Income tax expense | -0.31a | -0.38a |
| Profit for the year | 1.27a | 2.64a |
| Profit for the year attributable to owners of the company | 1.27a | 2.64a |
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