CONSOLIDATED BALANCE SHEET
AS AT 30 SEPTEMBER 2023
Goertek Inc. | Unit：RMB | |
Item | 30 September 2023 | 1 January 2023 |
Current assets： | ||
Cash at bank and on hand | 12,803,403,724.05 | 12,682,871,091.80 |
Financial assets held for trading | 492,548,372.91 | 338,662,097.66 |
Notes receivable | 143,373,342.75 | 25,847,492.24 |
Accounts receivable | 17,041,862,838.29 | 14,396,180,782.93 |
Financing receivables | 9,749,356.35 | 22,375,874.12 |
Advances to suppliers | 248,618,792.07 | 50,656,153.43 |
Other receivables | 88,677,101.20 | 96,442,803.18 |
Inventories | 14,244,838,982.57 | 17,348,670,744.58 |
Current portion of non-current assets | 350,402,263.89 | 70,302,566.25 |
Other current assets | 467,511,122.25 | 530,991,435.56 |
Total current assets | 45,890,985,896.33 | 45,563,001,041.75 |
Non-current assets: | ||
Long-term equity investments | 942,604,246.80 | 361,008,671.83 |
Investments in other equity instruments | 597,415,135.03 | 699,249,262.24 |
Other non-current financial assets | 293,286,848.85 | 318,661,575.31 |
Fixed assets | 21,406,957,911.94 | 21,459,756,268.25 |
Construction in progress | 2,385,212,863.29 | 2,424,443,775.33 |
Right-of-use assets | 492,912,307.99 | 580,175,922.73 |
Intangible assets | 3,162,973,795.80 | 2,720,793,670.68 |
Development costs | 343,840,291.14 | 361,178,111.91 |
Goodwill | 16,859,185.08 | 16,859,185.08 |
Long-term prepaid expenses | 308,016,624.73 | 337,561,524.06 |
Deferred tax assets | 1,593,751,935.10 | 1,430,454,643.55 |
Other non-current assets | 937,499,187.06 | 964,135,835.23 |
Total non-current assets | 32,481,330,332.81 | 31,674,278,446.20 |
TOTAL ASSETS | 78,372,316,229.14 | 77,237,279,487.95 |
Current liabilities: | ||
Short-term borrowings | 6,412,699,375.07 | 7,120,846,026.67 |
Financial liabilities held for trading | 121,648,082.01 | 202,293,742.46 |
Notes payable | 4,937,167,501.59 | 4,850,498,246.08 |
Accounts payable | 23,082,481,296.05 | 25,748,758,270.19 |
Contract liabilities | 2,381,178,565.27 | 2,295,347,547.31 |
Employee benefits payable | 616,968,211.83 | 1,039,571,778.39 |
Taxes payable | 146,421,188.11 | 284,911,767.58 |
Other payables | 73,820,726.86 | 78,974,306.79 |
Current portion of non-current liabilities | 983,766,326.39 | 1,095,618,327.74 |
Other current liabilities | 8,386,341.68 | 4,252,178.60 |
Total current liabilities | 38,764,537,614.86 | 42,721,072,191.81 |
Non-current liabilities: | ||
Long-term borrowings | 6,241,672,764.01 | 2,206,000,000.00 |
Lease liabilities | 414,804,520.71 | 470,704,507.75 |
Deferred income | 545,300,122.05 | 532,374,144.38 |
Deferred tax liabilities | 701,862,249.01 | 875,265,722.52 |
Other non-current liabilities | 275,038,300.26 | 172,261,037.39 |
Total non-current liabilities | 8,178,677,956.04 | 4,256,605,412.04 |
Total liabilities | 46,943,215,570.90 | 46,977,677,603.85 |
Shareholders' equity | ||
Share capital | 3,420,403,200.00 | 3,420,403,200.00 |
Capital surplus | 8,826,424,131.32 | 10,280,659,251.03 |
Less: Treasury stock | 100,875,555.70 | 2,291,973,146.75 |
Other comprehensive income | 12,258,570.44 | 122,377,334.36 |
Surplus reserve | 1,446,536,121.51 | 1,446,536,121.51 |
General risk reserve | 6,081,200.00 | 6,081,200.00 |
Undistributed profits | 17,061,169,470.43 | 16,509,551,595.59 |
Total equity attributable to shareholders of the Company | 30,671,997,138.00 | 29,493,635,555.74 |
Minority interests | 757,103,520.24 | 765,966,328.36 |
Total Shareholders' equity | 31,429,100,658.24 | 30,259,601,884.10 |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 78,372,316,229.14 | 77,237,279,487.95 |
CONSOLIDATED INCOME STATEMENT
FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Goertek Inc.
Item
-
Revenue Less: Cost
Including: cost of sales Taxes and surcharges Selling expenses
General and administrative expenses Research and development expenses Financial expenses
Including: Interest expenses
Interest income
Add: Other income
Investment income ("-" for loss)
Including: Investment income from associates and joint ventures
Profits or losses arising from derecognised financial assets at amortised cost
Gains on changes in fair value ("-" for loss) Credit impairment losses ("-" for loss) Asset impairment losses ("-" for loss) Gains on disposal of assets ("-" for loss)
- Operating Profit ("-" for loss) Add: Non-operating income Less: Non-operating expenses
- Total Profit ("-" for total loss) Less: Income tax expenses
IV. Net profit ("-" for net loss)
-
Classified by continuity of operations
1. Net profit from continuing operations ("-" for net
loss)
- Classified by ownership of the equity
- Attributable to shareholders of the Company
- Minority interests
- Other comprehensive income, net of tax
- Attributable to shareholders of the Company, net of tax
-
Other comprehensive income items which will not be subsequently reclassified to profit or loss
(1). Changes in fair value of investments in other equity instruments - Other comprehensive income that will be reclassified to profit or loss
(1). Translation differences on translation of foreign currency financial statements
-
Other comprehensive income items which will not be subsequently reclassified to profit or loss
- Attributable to minority shareholders, net of tax VI. Total comprehensive income
- Attributable to shareholders of the Company
- Attributable to minority interests VII. Earnings per share:
- Basic earnings per share(RMB)
- Diluted earnings per share(RMB)
Unit：RMB | |
For the nine months ended 30 September 2023 | For the nine months ended 30 September 2022 |
73,947,827,669.98 | 74,152,750,058.97 |
73,206,933,749.99 | 70,051,229,956.43 |
67,733,438,783.60 | 64,410,236,997.39 |
167,200,282.58 | 168,582,981.87 |
404,560,302.55 | 391,091,208.35 |
1,398,583,073.34 | 1,647,197,784.41 |
3,342,866,846.15 | 3,491,198,256.31 |
160,284,461.77 | -57,077,271.90 |
386,293,046.12 | 211,601,359.11 |
197,885,942.43 | 121,931,918.18 |
215,828,859.59 | 280,002,678.96 |
-73,454,802.90 | 271,835,131.47 |
-21,630,445.11 | 288,623,354.04 |
-5,708,383.19 | -11,844,076.30 |
82,480,763.93 | -91,196,237.27 |
-24,563,484.02 | -56,346,889.21 |
-200,692,426.47 | -226,867,887.95 |
-3,371,630.26 | -24,448,206.34 |
737,121,199.86 | 4,254,498,692.20 |
25,788,540.20 | 12,009,453.76 |
92,511,935.91 | 50,694,461.52 |
670,397,804.15 | 4,215,813,684.44 |
-203,434,920.29 | 343,502,507.56 |
873,832,724.44 | 3,872,311,176.88 |
873,832,724.44 | 3,872,311,176.88 |
892,134,169.74 | 3,840,108,190.23 |
-18,301,445.30 | 32,202,986.65 |
-107,453,439.67 | 250,107,017.56 |
-110,118,763.92 | 235,964,008.39 |
-91,364,648.36 | 11,381,608.31 |
-91,364,648.36 | 11,381,608.31 |
-18,754,115.56 | 224,582,400.08 |
-18,754,115.56 | 224,582,400.08 |
2,665,324.25 | 14,143,009.17 |
766,379,284.77 | 4,122,418,194.44 |
782,015,405.82 | 4,076,072,198.62 |
-15,636,121.05 | 46,345,995.82 |
0.26 | 1.15 |
0.26 | 1.15 |
CONSOLIDATED CASH FLOW STATEMENT
FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Goertek Inc. | Unit：RMB | |
Item | For the nine months ended 30 September 2023 | For the nine months ended 30 September 2022 |
I. Cash flows from operating activities: | ||
Cash received from sale of goods or rendering of services | 53,636,872,992.45 | 61,202,085,873.23 |
Refund of taxes and surcharges | 1,557,025,220.91 | 2,199,169,891.88 |
Cash received relating to other operating activities | 1,783,616,126.82 | 1,885,125,406.70 |
Sub-total of cash inflows | 56,977,514,340.18 | 65,286,381,171.81 |
Cash paid for goods and services | 43,665,240,259.94 | 51,699,975,704.36 |
Cash paid to and on behalf of employees | 6,851,864,428.31 | 6,672,866,400.33 |
Payments of taxes and surcharges | 727,402,437.07 | 659,963,013.02 |
Cash paid relating to other operating activities | 2,331,909,117.96 | 2,693,433,446.64 |
Sub-total of cash outflows | 53,576,416,243.28 | 61,726,238,564.35 |
Net cash flows from operating activities | 3,401,098,096.90 | 3,560,142,607.46 |
II. Cash flows from investing activities | ||
Cash received from disposal of investments | 3,303,080,148.39 | 789,023,348.24 |
Cash received from returns on investments | 44,852,805.56 | 172,643,905.71 |
Net cash received from disposal of fixed assets, intangible | 247,975,466.25 | 24,847,224.71 |
assets and other long-term assets | ||
Net cash received from disposal of subsidiaries and other | 2,205,000.00 | |
business units | ||
Cash received relating to other investing activities | 29,980,744.35 | 20,554,288.63 |
Sub-total of cash inflows | 3,628,094,164.55 | 1,007,068,767.29 |
Cash paid to acquire fixed assets, intangible assets and | 5,417,856,408.21 | 6,528,263,663.46 |
other long-term assets | ||
Cash paid to acquire investments | 4,949,264,564.08 | 1,077,272,722.88 |
Sub-total of cash outflows | 10,367,120,972.29 | 7,605,536,386.34 |
Net cash flows from investing activities | -6,739,026,807.74 | -6,598,467,619.05 |
III. Cash flows from financing activities | ||
Cash received from capital contributions | 441,205,825.48 | |
Including: Cash received from capital contributions by | 345,899,136.25 | |
minority shareholders of subsidiaries | ||
Cash received from borrowings | 21,134,415,589.16 | 23,713,037,075.13 |
Cash received relating to other financing activities | 2,596,427,381.58 | 1,603,470,826.05 |
Sub-total of cash inflows | 23,730,842,970.74 | 25,757,713,726.66 |
Cash repayments of borrowings | 18,046,604,277.94 | 18,549,895,273.58 |
Cash payments for distribution of dividends, profits, or cash | 664,345,722.43 | 874,332,849.33 |
payments for interest expenses | ||
Including: Cash payments for dividends and profits to | 23,530,393.54 | |
minority shareholders of the subsidiaries | ||
Cash payments relating to other financing | 2,269,446,008.47 | 1,888,659,394.10 |
Sub-total of cash outflows | 20,980,396,008.84 | 21,312,887,517.01 |
Net cash flows from financing activitie | 2,750,446,961.90 | 4,444,826,209.65 |
IV. Effect of foreign exchange rate changes on cash and cash | 36,957,023.01 | 544,647,051.67 |
equivalents | ||
V. Net Increase in cash and cash equivalents | -550,524,725.93 | 1,951,148,249.73 |
Add: Cash and cash equivalents at beginning of year | 10,799,993,468.81 | 9,137,900,902.04 |
VI. Cash and cash equivalents at end of year | 10,249,468,742.88 | 11,089,049,151.77 |