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 |
|---|---|---|
| Revenue | 86,400.56a | 80,222.01a |
| Cost of sales | -77,346.64a | -67,964.38a |
| Gross profit | 9,053.92a | 12,257.63a |
| Income from sales of investment properties | 0a | 14.93a |
| Carrying amounts of investment properties sold | 0a | -4.31a |
| Gain on sales of investment properties | 0a | 10.62a |
| Other gains and losses | -1,395.27a | -1,348a |
| Selling and marketing expenses | -2,718.57a | -2,450.75a |
| Administrative expenses | -1,488.91a | -1,799.16a |
| Operating profit | 3,451.17a | 6,670.34a |
| Finance income | 646.22a | 970.58a |
| Finance costs | -879.65a | -672.38a |
| Share of (losses)/profits of | — | — |
| Joint ventures | -43.32a | 50.53a |
| Associates | 1,021.21a | 701.58a |
| Profit before taxation | 4,195.63a | 7,720.64a |
| Taxation | -2,730.51a | -3,145.59a |
| Profit for the year | 1,465.12a | 4,575.05a |
| Attributable to | — | — |
| Equity holders of the company | 1,040.06a | 3,185.09a |
| Non-controlling interests | 425.07a | 1,389.96a |
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