Wanxiang Qianchao Co., Ltd. Financial Data
Consolidated
Consolidated Balance Sheet (B/S)(in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Current assets | 12,416.85 | 10,962.22 | 12,111.61 |
| Illiquid assets | 8,473.62 | 8,226.05 | 4,709.18 |
| Total assets | 20,890.47 | 19,188.28 | 16,820.79 |
| Current liabilities | 10,661.12 | 8,378.62 | 6,185.05 |
| Illiquid debts | 1,179.35 | 1,890.31 | 1,851.35 |
| Total liabilities | 11,840.47 | 10,268.93 | 8,036.40 |
| Capital | 3,303.79 | 3,303.79 | 3,303.79 |
| Capital reserve | 2,508.99 | 2,505.24 | 2,505.84 |
| Profit reserve | 767.73 | 712.15 | 640.06 |
| Backlog profit | 2,112.35 | 2,237.39 | 1,858.67 |
| Minority stock holders' equity | 190.73 | 222.60 | 229.90 |
| Total stockholders' equity | 9,050.00 | 8,919.35 | 8,784.40 |
| Total Liabilities and shareholders' equity | 20,890.47 | 19,188.28 | 16,820.79 |
Consolidated Profit and Loss Statement (in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Sales | 14,486.81 | 14,014.96 | 14,322.14 |
| Operating profit | 929.91 | 846.22 | 752.04 |
| Gross profit | 934.97 | 855.30 | 759.38 |
| Net profit | 831.84 | 817.74 | 701.23 |
Consolidated Cash Flow (in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Cash flows from operating activities | 1,204.48 | 1,148.70 | 947.05 |
| Cash flows from investing activities | (249.87) | (3,642.88) | (24.28) |
| Cash flows from financing activities | 107.36 | 370.46 | 143.85 |
| Gains (losses) from exchange-rate translation | 11.47 | 37.51 | (10.92) |
| Increases (decreases) in cash and cash equivalents | 1,073.43 | (2,086.20) | 1,055.71 |
| Cash and cash equivalent at the beginning of the term | 3,765.35 | 5,851.56 | 4,795.85 |
| Cash and cash equivalents at the term-end | 4,838.79 | 3,765.35 | 5,851.56 |
Non-Consolidated
Unconsolidated balance sheet (B/S) (in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Current assets | 4,000.60 | 4,018.50 | 6,268.34 |
| Illiquid assets | 9,011.78 | 8,867.46 | 5,282.18 |
| Total assets | 13,012.37 | 12,885.96 | 11,550.51 |
| Current liabilities | 4,919.90 | 3,880.55 | 2,601.05 |
| Illiquid debts | 456.53 | 1,260.12 | 1,255.18 |
| Total liabilities | 5,376.44 | 5,140.67 | 3,856.24 |
| Capital | 3,303.79 | 3,303.79 | 3,303.79 |
| Capital reserve | 2,593.66 | 2,593.66 | 2,593.66 |
| Profit reserve | 1,046.76 | 991.19 | 919.09 |
| Backlog profit | 525.98 | 916.65 | 625.46 |
| Total stockholders' equity | 7,635.93 | 7,748.29 | 7,694.27 |
| Total Liabilities and shareholders' equity | 13,012.37 | 12,885.96 | 11,550.51 |
Unconsolidated cash flow (in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Sales | 4,568.92 | 3,943.39 | 3,947.71 |
| Operating profit | 581.74 | 727.48 | 413.63 |
| Gross profit | 581.83 | 728.49 | 417.33 |
| Net profit | 555.52 | 720.93 | 408.55 |
Unconsolidated profit and loss statement (in CNY millions)
| FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
| Cash flows from operating activities | 276.58 | 552.41 | 538.22 |
| Cash flows from investing activities | 276.58 | (3,383.09) | 197.42 |
| Cash flows from financing activities | (642.60) | 385.78 | 185.52 |
| Gains (losses) from exchange-rate translation | 16.32 | 22.87 | (7.37) |
| Increases (decreases) in cash and cash equivalents | 9,366.60 | (2,422.03) | 913.79 |
| Cash and cash equivalent at the beginning of the term | 1,703.84 | 4,125.87 | 3,212.07 |
| Cash and cash equivalents at the term-end | 1,713.20 | 1,703.84 | 4,125.87 |