Below are the financial statements of Zhongsheng 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 millions of CNY | 2024 | 2023 |
---|---|---|
Non-current assets | — | — |
Property, plant and equipment | 17,323.83a | 18,055.1a |
Right-of-use assets | 5,266.65a | 5,077.81a |
Land use rights | 3,448.39a | 3,493.7a |
Prepayments | 342.76a | 399.42a |
Intangible assets | 9,238.21a | 9,629.42a |
Goodwill | 8,272.61a | 8,364.2a |
Investments in joint ventures | 53.85a | 54.85a |
Investments in associates | 2.47a | 9.88a |
Derivative financial instruments | 20.67a | 0a |
Debt investments at amortised cost | 73.15a | 72.07a |
Deferred tax assets | 548.21a | 513.35a |
Total non-current assets | 44,590.82a | 45,669.8a |
Current assets | — | — |
Inventories | 18,476.86a | 16,366.1a |
Trade receivables | 4,653.57a | 4,108.5a |
Prepayments, other receivables and other assets | 19,312.79a | 17,340.69a |
Amounts due from related parties | 7.71a | 33.32a |
Financial assets at fair value through profit or loss | 124.67a | 148.55a |
Time deposits and pledged bank deposits | 4,256.55a | 3,871.39a |
Cash in transit | 60.04a | 118.13a |
Cash and cash equivalents | 18,687.54a | 15,611.98a |
Total current assets | 65,579.73a | 57,598.66a |
Current liabilities | — | — |
Bank loans and other borrowings | 16,965.32a | 15,873.28a |
Lease liabilities | 689.05a | 609.76a |
Convertible bonds, current portion | 3,356.21a | 0a |
Trade and bills payables | 12,607.8a | 11,041.37a |
Other payables and accruals | 4,238.46a | 3,686.53a |
Amounts due to related parties | 6.73a | 6.8a |
Income tax payable | 2,153.21a | 2,309.85a |
Dividends payable | 2a | 2a |
Total current liabilities | 40,018.78a | 33,529.58a |
Net current assets | 25,560.95a | 24,069.07a |
Total assets less current liabilities | 70,151.77a | 69,738.88a |
Non-current liabilities | — | — |
Deferred tax liabilities | 3,429.18a | 3,418.85a |
Bank loans and other borrowings | 15,073.85a | 12,499.51a |
Lease liabilities | 4,730.93a | 4,598.07a |
Convertible bonds | 0a | 3,175.88a |
Total non-current liabilities | 23,233.95a | 23,692.3a |
Net assets | 46,917.82a | 46,046.58a |
Equity attributable to owners of the parent | 46,829.44a | 45,797.3a |
Equity | — | — |
Share capital | 0.21a | 0.21a |
Treasury shares | -193.65a | 0a |
Reserves | 47,022.88a | 45,797.09a |
Non-controlling interests | 88.38a | 249.28a |
Total equity | 46,917.82a | 46,046.58a |
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