Financial Summary

A summary of the results and of the assets, liabilities and non-controlling interests of the Group for the last five financial years, as extracted from the published audited financial statements (as restated when appropriate), is set out below.

  Year ended 31 December
  2019
RMB’000
2018
RMB’000
2017
RMB’000
2016
RMB’000
2015
RMB’000
RESULTS
REVENUE

Cost of sales

6,736,153
(3,202,836)

5,389,568
(2,728,933)

3,926,466
(2,236,267)

2,740,262
(1,615,403)

2,103,534
(1,513,568)
Gross profit
Other income and gains
Selling and distribution expenses
Administrative expenses
Other expenses
Finance costs
Share of profits and losses of:
   A joint venture
   Assiciate
3,533,317
69,191
(1,771,834)
(558,289)
(138,666)
(33,332)

-
6,797
2,660,635
114,109
(1,444,237)
(461,853)
(59,621)
(29,753)

1,159
11,553
1,690,199
57,463
(969,127)
(298,025)
(28,466)
(22,110)

940
7,671
1,124,859
62,631
(646,411)
(215,656)
(14,055)
(17,849)

-
4,233
589,966
45,652
(497,613)
(116,281)
(8,907)
(16,045)

-
7,019
PROFIT BEFORE TAX
Income tax expense
1,107,184
(228,288)
791,992
(147,440)
438,545
(103,765)
297,752
(63,756)
3,791
(680)
PROFIT FOR THE YEAR 878,896 644,552 334,780 233,996 3,111
Attributable to:
Owners of the parent
Non-controlling interests

878,390
506

635,100
9,452

308,133
26,647

212,672
21,324

50,645
(47,534)
  878,896 644,552 334,780 233,996 3,111
  As at 31 December
ASSETS, LIABILITIES AND
    NON-CONTROLLING INTERESTS

Total assets
Total liabilities

 
8,343,194
(4,279,286)

 
6,829,006
(3,434,458)

 
5,621,130
(3,674,124)

 
3,923,646
(2,333,995)

 
3,030,522
(1,702,979)
Net assets
Non-controlling interests
4,063,908
(48,254)
3,394,548
(140,810)
1,947,006
(206,515)
1,589,651
(121,582)
1,327,543
(14,864)
Equity attributable to owners of the parent 4,063,908 3,253,738 1,740,491 1,468,069 1,312,679