Below are the financial statements of Yuexiu Property, 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 |
---|---|---|
Non-current assets | — | — |
Property, plant and equipment | 3,159.87a | 2,802.07a |
Right-of-use assets | 1,829.86a | 822.9a |
Investment properties | 17,029.31a | 16,785.64a |
Intangible assets | 339.27a | 514.13a |
Properties under development | 7,855.94a | 8,739.49a |
Interests in joint ventures | 5,183.73a | 6,007.7a |
Interests in associates | 26,251.48a | 22,868.64a |
Financial assets at fair value through other comprehensive income (FVOCI) | 967.09a | 999.13a |
Derivative financial instruments | 121.04a | 0a |
Other receivables, prepayments and deposits | 165.48a | 0a |
Time deposits and other restricted deposits | 2,293.28a | 0a |
Deferred tax assets | 4,464.79a | 3,474.68a |
Total non-current assets | 69,661.12a | 63,014.37a |
Current assets | — | — |
Properties under development | 179,813.08a | 202,613.97a |
Properties held for sale | 45,139.39a | 36,334.75a |
Contract costs | 1,445.16a | 1,121.75a |
Prepayments for land use rights | 5,207.81a | 5,825.18a |
Trade and notes receivables | 1,307.48a | 846.31a |
Other receivables, prepayments and deposits | 52,904.54a | 37,859.43a |
Derivative financial instruments | 0a | 229.54a |
Prepaid taxation | 7,218.44a | 7,235.58a |
Time deposits | 467.26a | 0a |
Charged bank deposits | 17,560.39a | 16,832.61a |
Cash and cash equivalents | 29,728.32a | 29,265.25a |
Total current assets | 340,791.87a | 338,164.36a |
Current liabilities | — | — |
Trade and notes payables | 1,559.77a | 1,330.81a |
Contract liabilities | 83,841.92a | 87,653.83a |
Other payables and accruals | 106,075.48a | 90,389.65a |
Borrowings | 23,268.83a | 22,975.87a |
Lease liabilities | 225.69a | 219.49a |
Taxation payable | 5,542.98a | 7,516.88a |
Total current liabilities | 220,514.66a | 210,086.54a |
Net current assets | 120,277.21a | 128,077.82a |
Total assets less current liabilities | 189,938.33a | 191,092.19a |
Non-current liabilities | — | — |
Borrowings | 80,619.91a | 81,395.03a |
Lease liabilities | 562.02a | 619.53a |
Deferred tax liabilities | 4,006.45a | 5,870.31a |
Deferred income | 54.58a | 102.2a |
Derivative financial instruments | 9.04a | 55.79a |
Other payables and accruals | 607.15a | 840.56a |
Total non-current liabilities | 85,859.16a | 88,883.41a |
Net assets | 104,079.17a | 102,208.78a |
Equity attributable to equity holders of the company | — | — |
Share capital | 25,545.01a | 25,545.01a |
Shares held under share award scheme | -54.34a | -121.53a |
Other reserves | 2,619.42a | 2,757.99a |
Retained earnings | 27,150.98a | 27,447.44a |
Equity | — | — |
Non-controlling interests | 48,818.1a | 46,579.88a |
Total equity | 104,079.17a | 102,208.78a |
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