TigerResearch/tigerbot-earning-plugin huggingface dataset:
expenses V.47 11,100,768,677 10,616,426,327 Financial expenses V.48 2,445,130,575 3,682,379,202 Including: Interest expenses 3,572,211,438 4,866,778,333
Interest income 1,483,022,892 1,050,431,325
Add: Other income V.49 5,485,529,324 2,092,765,728
Investment income V.50 6,094,267,884 1,347,489,345 Including: Income from
investment in
associates and joint
ventures 528,103,680 1,245,036,895
Gains from changes in fair value V.51 159,344,584 84,966,963 Credit losses V.52 (51,577,226) (28,409,869) Impairment losses V.53 (7,304,471,630) (4,478,251,852) Gains from asset disposals V.54 10,965,556 153,505,791
III. Operating (loss) / profit (24,774,375) 35,007,983,415 Add: Non-operating income V.55 163,242,857 131,607,946 Less: Non-operating expenses V.55 87,249,543 55,215,102
for the year ended 31 December 2022 (continued)(Expressed in Renminbi Yuan)
IV. Profit before income tax 51,218,939 35,084,376,259 Less: Income tax expenses V.56 1,788,394,107 4,187,971,404 V. Net (loss) / profit for the year (1,737,175,168) 30,896,404,855 Shareholders of the Company 7,550,877,790 25,960,751,646 Non-controlling interests (9,288,052,958) 4,935,653,209
VI. Other comprehensive income, net of
tax V.40 (1,158,016,792) 155,717,231 Other comprehensive income (net of
tax) attributable to owners of the
Company (1,164,537,236) 190,988,004
(1) Items that will not be
reclassified to profit or loss
1. Other comprehensive income recognised
under equity method (53,367,649) 68,869,497
2. Changes in fair value of investments in other
equity instruments (79,547,426) (40,618,274)
(2) Items that may be reclassified to profit or loss
under equity method 127,867 (296,553)
2. Translation differences
arising from translation of foreign currency financial
statements (1,031,750,028) 163,033,334
Other comprehensive income (net of tax) attributable to non-controlling
interests 6,520,444 (35,270,773)
VII. Total comprehensive income for the
year (2,895,191,960) 31,052,122,086 Attributable to shareholders of the
Company 6,386,340,554 26,151,739,650 Attributable to non-controlling interests (9,281,532,514) 4,900,382,436
VIII. Earnings per share:
(1) Basic earnings per share V.57 0.19 0.71
(2) Diluted earnings per share V.57 Not applicable 0.71
The notes on pages 30 to 175 form part of these financial statements. BOE Technology Group Co., Ltd. Company income statement
I. Operating income XV.11 4,873,328,715 5,716,998,034 II. Less: Operating costs 10,080,268 16,459,454
Taxes and surcharges XV.11 55,342,015 36,630,410 General and administrative
expenses 1,348,187,653 1,577,032,602 Research and development
expenses 2,046,032,751 2,330,865,497 Financial expenses 574,596,105 798,736,264 Including: Interest expenses 631,737,202 892,768,026
Interest income 96,658,931 93,003,346
Add: Other income 948,637,354 948,922,174 Investment income XV.12 1,934,087,931 2,755,668,691
Including: Income from
investment in associates and
joint ventures 328,861,860 864,640,400
Credit losses (18,126,642) (5,247,340) Losses from asset disposals - (773,327)
III. Operating profit 3,703,688,566 4,655,844,005 Add: Non-operating income 6,873,424 7,424,220 Less: Non-operating expenses 26,617,581 5,915,655 IV. Profit before income tax 3,683,944,409 4,657,352,570 Less: Income tax expenses XV.13 202,080,897 260,856,004 V.  Net profit for the year 3,481,863,512 4,396,496,566
tax XV.9 (55,810,525) 53,550,302
(1) Items that will not be reclassified to profit or loss
1. Other comprehensive income recognised under equity
method (53,367,649) 68,869,497
2. Changes in fair value of
investments in other equity
instruments (2,570,743) (15,073,903)
(2) Items that may be reclassified to
profit or loss 127,867 (245,292)
year 3,426,052,987 4,450,046,868
The notes on pages 30 to 175 form part of these financial statements. BOE Technology Group Co., Ltd. Consolidated cash flow statement
I. Cash flows from operating activities:
Proceeds from sale of goods and
rendering of services 193,327,661,415 221,840,098,206 Refund of taxes 17,259,338,469 13,173,129,922 Proceeds from other operating
activities 7,397,264,096 5,925,158,408 Sub-total of cash inflows 217,984,263,980 240,938,386,536 Payment for goods and services (142,617,274,685)  (146,642,673,111) Payment to and for employees (19,821,022,609)  (17,908,235,464) Payment of various taxes (5,394,897,972) (5,149,971,194) Payment for other operating
activities (7,129,101,409) (8,538,818,211) Sub-total of cash outflows (174,962,296,675)  (178,239,697,980) Net cash flows generated from
operating activities V.58(1) 43,021,967,305 62,698,688,556
II. Cash flows from investing activities:
Proceeds from disposal of investments 83,038,823,137 33,071,343,623 Investment returns received 461,543,173 180,030,588 Net proceeds from disposal of fixed
assets, intangible assets and other
long-term assets 26,645,620 69,111,303 Net proceeds from disposal of
subsidiaries 936,758,922 - Proceeds from other investing
activities 1,311,942,470 3,438,995,631 Sub-total of cash inflows 85,775,713,322 36,759,481,145 Payment for acquisition of fixed
long-term assets (29,398,245,045)  (36,098,078,337) Payment for acquisition of investments (92,205,577,385)  (41,638,460,294) Net payment for acquisition of
subsidiaries - (2,815,535) Net payment for disposal of
subsidiaries (144,689,766) (160,887,997) Sub-total of cash outflows (121,748,512,196)  (77,900,242,163) Net cash flows used in investing
activities (35,972,798,874)  (41,140,761,018)
III. Cash flows from financing activities:
Proceeds from investors 2,301,848,242 31,519,607,755 Including: Proceeds from non-
controlling shareholders
of subsidiaries 2,301,848,242 11,187,003,325
Proceeds from issuance of debentures 2,000,000,000 - Proceeds from borrowings 49,812,750,352 31,028,727,811 Proceeds from other financing
activities 771,327,623 1,106,689,881 Sub-total of cash inflows 54,885,926,217 63,655,025,447
III. Cash flows from financing activities(continued):
Repayments of borrowings (51,681,667,124)  (48,435,579,182) Payment for redeeming bonds (8,000,000,000) - Payment for dividends or interest (13,828,515,479)  (10,261,666,002) Including: Profits paid to non-
of subsidiaries (39,388,061) (34,862,550)
Payment for other financing activities (2,548,995,476)  (17,139,649,816) Sub-total of cash outflows (76,059,178,079)  (75,836,895,000) Net cash flow used in financing
activities (21,173,251,862)  (12,181,869,553)
IV. Effect of foreign exchange rate changes on cash and cash
equivalents 1,882,635,112 (817,308,273) V. Net (decrease) / increase in cash and
cash equivalents V.58(1) (12,241,448,319) 8,558,749,712 Add: Cash and cash equivalents at
the beginning of the year 76,623,486,083 68,064,736,371
VI. Cash and cash equivalents at the end
of the year V.58(3) 64,382,037,764 76,623,486,083 These financial statements were approved by the Board of Directors of the Company on 31 March 2023.
The notes on pages 30 to 175 form part of these financial statements. BOE Technology Group Co., Ltd. Company cash flow statement
rendering of services 5,650,186,755 5,868,891,208 Proceeds from other operating
activities 2,005,413,901 406,266,493 Sub-total of cash inflows 7,655,600,656 6,275,157,701 Payment for goods and services (1,161,216,577) (1,038,043,873) Payment to and for employees (1,681,332,214) (1,532,937,459) Payment of various taxes (676,007,600) (495,289,004) Payment for other operating
activities (452,287,489) (2,504,787,813) Sub-total of cash outflows (3,970,843,880) (5,571,058,149) Net cash flows generated from
operating activities XV.14(1) 3,684,756,776 704,099,552
Proceeds from disposal of
investments 330,944,027 890,504,898 Proceeds from disposal of
subsidiaries - 230,142,095 Investment returns received 1,257,584,843 2,129,623,919 Net proceeds from disposal of
fixed assets 241,034 13,445,008 Proceeds from other investing
activities 10,546,180,253 2,075,919,565 Sub-total of cash inflows 12,134,950,157 5,339,635,485
II. Cash flows from investing activities(continued):
Payment for acquisition of fixed
long-term assets (405,565,299) (715,641,262) Payment for acquisition of investments (3,989,687,433)  (30,498,556,648) Payment for other investing activities (14,117,701,133) (825,000,000)
Sub-total of cash outflows (18,512,953,865)  (32,039,197,910) Net cash flows used in investing
activities (6,378,003,708)  (26,699,562,425)
Proceeds from investors - 20,332,604,430 Proceeds from issuance of debentures 2,000,000,000 - Proceeds from borrowings 25,000,000,000 14,303,000,000 Proceeds from other financing
activities 24,936,039,463 20,888,483,038 Sub-total of cash inflows 51,936,039,463 55,524,087,468 Repayments of borrowings (25,827,547,455)  (17,355,376,312) Payment for redeeming bonds (8,000,000,000) - Payment for dividends and interest (9,842,819,608) (5,524,312,554) Payment for other financing activities (4,136,747,868) (5,389,705,939) Sub-total of cash outflows (47,807,114,931)  (28,269,394,805) Net cash flows generated from
financing activities 4,128,924,532 27,254,692,663
Note 2022  2021
IV. Effect of foreign exchange rate changes
on cash and cash equivalents 76,264,084  (19,357,657) V. Net increase in cash and cash equivalents XV.14(1) 1,511,941,684  1,239,872,133 Add: Cash and cash equivalents at the
beginning of the year 5,599,937,349  4,360,065,216
VI. Cash and cash equivalents at the end of
the year XV.14(2) 7,111,879,033  5,599,937,349
The notes on pages 30 to 175 form part of these financial statements. BOE Technology Group Co., Ltd.
Consolidated statement of changes in shareholders’equity for the year ended 31 December 2022
Attributable to shareholders of the Company
Note Share capital
Other equity
instruments  Capital reserve
Less: Treasury
income  Surplus reserve
Retained
earnings  Sub-total
Non-controlling
interests  Total
I.  Balance at the beginning of the
year 38,445,746,482  14,146,997,427  53,917,609,094 3,415,768,207  113,551,147  2,889,590,205  37,106,514,799  143,204,240,947  74,174,525,569  217,378,766,516 II.  Changes in equity during the
1. Total comprehensive
income -  -  - -  (1,164,537,236)  -  7,550,877,790  6,386,340,554  (9,281,532,514)  (2,895,191,960)
2. Shareholders’
contributions of capital
(1) Contribution by non- controlling
interests -  -  - -  -  -  -  -  2,301,848,242  2,301,848,242
(2) Repurchase of
treasury shares V.39 -  -  - 1,048,154,539  -  -  -  (1,048,154,539)  -  (1,048,154,539)
(3) Cancellation of
treasury shares V.36/38/39 (249,383,061)  -  (641,811,942) (891,195,003)  -  -  -  -  -  -
(4) Equity-settled share-
based payments XI -  -  654,336,707 (64,525,832)  -  -  -  718,862,539  44,728,854  763,591,393
(5) Contribution by holders of other
equity instruments V.37 -  1,989,320,755  - -  -  -  -  1,989,320,755  -  1,989,320,755
(6) Payment for capital of holders of other
equity instruments V.37 -  (7,957,047,264)  (42,952,736) -  -  -  -  (8,000,000,000)  -  (8,000,000,000)
3. Appropriation of profits
(1) Appropriation for
surplus reserve V.41 -  -  - -  -  348,186,351  (348,186,351)  -  -  -
(2) Accrued interest on holders of other
equity instruments V.37 -  530,695,890  - -  -  -  (530,695,890)  -  -  -
(3) Payment for interest on holders of other
equity instruments V.37 -  (533,600,000)  - -  -  -  -  (533,600,000)  -  (533,600,000)
(4) Distributions to
shareholders V.42 -  -  - -  -  -  (7,958,923,130)  (7,958,923,130)  (54,411,212)  (8,013,334,342)
Consolidated statement of changes in shareholders’equity for the year ended 31 December 2022 (continued)
income  Surplus reserve  Retained earnings  Sub-total
4. Transfers within equity
(1) Transfer of other comprehensive income to
earnings V.40/41/42 -  -  -  -  (22,781,941)  3,287,378  19,494,563  -  -  -
5. Others
(1) Other movements in equity of
associates V.10 -  -  274,685,689  -  -  -  -  274,685,689  845,261  275,530,950
(2) Disposal of equities in
subsidiaries V.38 -  -  -  -  -  -  -  -  (1,154,255,778)  (1,154,255,778)
(3) Others V.38 -  -  1,056,637,580  -  -  -  -  1,056,637,580  (70,861,691)  985,775,889
III. Balance at the end of the
year 38,196,363,421  8,176,366,808  55,218,504,392  3,508,201,911  (1,073,768,030)  3,241,063,934  35,839,081,781  136,089,410,395  65,960,886,731  202,050,297,126
Consolidated statement of changes in shareholders’equity for the year ended 31 December 2021 (continued)
instruments Capital reserve
income Surplus reserve
earnings Sub-total
interests Total
I. Balance at the beginning of the year 34,798,398,763 14,146,997,427 37,435,655,934 1,036,298,508 (22,198,072) 2,444,416,669 15,509,794,622  103,276,766,835 70,120,967,879  173,397,734,714 Add: Changes in accounting policies - - - - - - 35,577,201 35,577,201 5,309,967 40,887,168 Adjusted balance at the beginning of the year 34,798,398,763 14,146,997,427 37,435,655,934 1,036,298,508 (22,198,072) 2,444,416,669 15,545,371,823  103,312,344,036 70,126,277,846  173,438,621,882 II.  Changes in equity during the year
1. Total comprehensive income - - - - 190,988,004 - 25,960,751,646 26,151,739,650 4,900,382,436 31,052,122,086
2. Shareholders’contributions of capital
(1) Contribution by ordinary
shareholders V.36 3,650,377,019 - 16,219,134,815 - - - - 19,869,511,834 - 19,869,511,834
(2) Contribution by non-controlling
interests - - - - - - - - 11,187,003,325 11,187,003,325
(3) Decrease of capital by non-
controlling interests - - 322,947 - - - - 322,947 (8,482,947) (8,160,000)
(4) Repurchase of treasury shares V.39 - - - 2,428,003,419 - - -  (2,428,003,419) -  (2,428,003,419)
(5) Cancellation of treasury shares V.36/38/39 (3,029,300) - (14,270,384) (17,299,684) - - - - - -
(6) Equity-settled share-based
payments XI - - 598,701,862 (31,234,036) - - - 629,935,898 41,990,775 671,926,673
(1) Appropriation for surplus reserve V.41 - - - - - 439,649,657 (439,649,657) - - -
(2) Accrued interest on holders of
other equity instruments V.37 - 533,600,000 - - - - (533,600,000) - - -
(3) Payment for interest on holders of
other equity instruments V.37 - (533,600,000) - - - - - (533,600,000) - (533,600,000)
(4) Distributions to shareholders V.42 - - - - - -  (3,476,073,919)  (3,476,073,919) (34,862,550)  (3,510,936,469)
(1) Transfer of other comprehensive
income to retained earnings V.40/42 - - - - (55,238,785) 5,523,879 49,714,906 - - -
associates V.10 - - 51,030,550 - - - - 51,030,550 - 51,030,550
(2) Acquisition of non-controlling
interests V.38 - - (658,923,890) - - - - (658,923,890)  (12,180,161,432)  (12,839,085,322)
(3) Disposal of equities in subsidiaries V.38 - - 288,039,797 - - - - 288,039,797 146,828,923 434,868,720
(4) Others V.38 - - (2,082,537) - - - - (2,082,537) (4,450,807) (6,533,344)
III. Balance at the end of the year 38,445,746,482 14,146,997,427 53,917,609,094 3,415,768,207 113,551,147 2,889,590,205 37,106,514,799  143,204,240,947 74,174,525,569  217,378,766,516
Company statement of changes in shareholders’equity for the year ended 31 December 2022
Less: Treasury shares
Surplus reserve
earnings Total
I. Balance at the beginning of the year 38,445,746,482  14,146,997,427  53,598,033,152  3,415,768,207  89,024,650  2,889,590,205  11,950,975,927 117,704,599,636 II.  Changes in equity during the year
1. Total comprehensive income -  -  -  -  (55,810,525)  -  3,481,863,512 3,426,052,987
(1) Repurchase of treasury shares V.39 -  -  -  1,048,154,539  -  -  - (1,048,154,539)
(2) Cancellation of treasury shares
V.36/38/
39 (249,383,061)  -  (641,811,942)  (891,195,003)  -  -  - -
(3) Equity-settled share-based
payments XI -  -  699,065,561  (64,525,832)  -  -  - 763,591,393
(4) Contribution by holders of
other equity instruments V.37 -  1,989,320,755  -  -  -  -  - 1,989,320,755
(5) Payment for capital of holders
of other equity instruments V.37/38 -  (7,957,047,264)  (42,952,736)  -  -  -  - (8,000,000,000)
(1) Appropriation for surplus
reserve V.41 -  -  -  -  -  348,186,351  (348,186,351) -
other equity instruments V.37 -  530,695,890  -  -  -  -  (530,695,890) -
(3) Payment for interest on holders of other equity
instruments V.37 -  (533,600,000)  -  -  -  -  - (533,600,000)
(4) Distributions to shareholders V.42 -  -  -  -  -  -  (7,958,923,130) (7,958,923,130)
Company statement of changes in shareholders’equity for the year ended 31 December 2022 (continued)
earnings  Total
(1) Transfer of other
comprehensive income to
retained earnings XV.9/10 -  -  -  -  (32,873,780)  3,287,378  29,586,402  -
(1) Other movements in
equity of associates XV.3 -  -  141,386,796  -  -  -  -  141,386,796
(2) Others -  -  (60,093,618)  -  -  -  -  (60,093,618)
III. Balance at the end of the year 38,196,363,421  8,176,366,808  53,693,627,213  3,508,201,911  340,345  3,241,063,934  6,624,620,470  106,424,180,280
Company statement of changes in shareholders’equity for the year ended 31 December 2021 (continued)
comprehensiv
e income  Surplus reserve
I. Balance at the beginning of the year 34,798,398,763  14,146,997,427  36,696,079,366  1,036,298,508  90,713,133  2,444,416,669  11,954,088,031  99,094,394,881 II.  Changes in equity during the year
1. Total comprehensive income -  -  -  -  53,550,302  -  4,396,496,566  4,450,046,868
shareholders V.36 3,650,377,019  -  16,219,134,815  -  -  -  -  19,869,511,834
(2) Repurchase of treasury shares V.39 -  -  -  2,428,003,419  -  -  -  (2,428,003,419)
(3) Cancellation of treasury shares
39 (3,029,300)  -  (14,270,384)  (17,299,684)  -  -  -  -
(4) Equity-settled share-based
payments XI -  -  640,692,637  (31,234,036)  -  -  -  671,926,673
reserve V.41 -  -  -  -  -  439,649,657  (439,649,657)  -
other equity instruments V.37 -  533,600,000  -  -  -  -  (533,600,000)  -
instruments V.37 -  (533,600,000)  -  -  -  -  -  (533,600,000)
(4) Distributions to shareholders V.42 -  -  -  -  -  -  (3,476,073,919)  (3,476,073,919)
income to retained earnings XV.9/10 - - - - (55,238,785) 5,523,879 49,714,906 -
associates XV.3 - - 53,544,976 - - - - 53,544,976
(2) Others - - 2,851,742 - - - - 2,851,742
III. Balance at the end of the year 38,445,746,482 14,146,997,427 53,598,033,152 3,415,768,207 89,024,650 2,889,590,205 11,950,975,927  117,704,599,636
The notes on pages 30 to 175 form part of these financial statements. BOE Technology Group Co., Ltd. Notes to the financial statements
(Expressed in Renminbi Yuan unless otherwise indicated)
I. Company status
BOE Technology Group Company Limited (the “Company”) is a company limited by shares established on 9 April 1993 in Beijing, with its head office located at Beijing. The parent of the Company and the Company’s ultimate holding company is Beijing Electronics Holdings Co., Ltd. (“Electronics Holdings”).
The Company and its subsidiaries (referred to as the “Group”) comprise five main business segments: display business, Internet of Things (IoT) innovation business, sensor business, MLED business and smart medicine & engineering business. For information about the subsidiaries of the Company, refer to Note VII.
II. Basis of preparation
The financial statements have been prepared on the going concern basis.
III. Significant accounting policies and accounting estimates1 Statement of compliance
The financial statements have been prepared in accordance with the requirements of Accounting Standards for Business Enterprises or referred to as China Accounting Standards (“CAS”) issued by the MOF. These financial statements present truly and
completely the consolidated financial position and financial position of the Company as at 31 December 2022, and the consolidated financial performance and financial performance and the consolidated cash flows and cash flows of the Company for the year then ended.
These financial statements also comply with the disclosure requirements of “Regulation on
the Preparation of Information Disclosures by Companies Issuing Securities, No. 15: General Requirements for Financial Reports”as revised by the China Securities Regulatory
Commission (“CSRC”) in 2014.
2 Accounting period
The accounting period is from 1 January to 31 December.
3 Operating cycle
The Company takes the period from the acquisition of assets for processing to until the
ultimate realisation of cash or cash equivalents as a normal operating cycle. The operating cycle of the Company is usually less than 12 months.
4 Functional currency
The Company’s functional currency is Renminbi and these financial statements are presented in Renminbi. Functional currency is determined by the Company and its
subsidiaries on the basis of the currency in which major income and costs are denominated and settled. Some of the Company’s subsidiaries have functional currencies that are different from the Company’s functional currency. Their financial statements have been translated
based on the accounting policy set out in Note III.8.
5 Accounting treatments for business combinations involving entities under common control
and not under common control
A transaction constitutes a business combination when the Group obtains control of one or more entities (or a group of assets or net assets). Business combination is classified as either business combinations involving enterprises under common control or business
combinations not involving enterprises under common control.
For a transaction not involving enterprises under common control, the acquirer determines whether acquired set of assets constitute a business. The Group may elect to apply the
simplified assessment method, the concentration test, to determine whether an acquired set of assets is not a business. If the concentration test is met and the set of assets is
determined not to be a business, no further assessment is needed. If the concentration test is not met, the Group shall perform the assessment according to the guidance on the
determination of a business.
When the set of assets the group acquired does not constitute a business, acquisition costs should be allocated to each identifiable assets and liabilities at their acquisition date fair values. It is not required to apply the accounting of business combination described as
below.
(1) Business combinations involving entities under common control
A business combination involving entities under common control is a business combination in which all of the combining entities are ultimately controlled by the same party or parties both before and after the business combination, and that control is not transitory. The assets
acquired and liabilities assumed are measured based on their carrying amounts in the
consolidated financial statements of the ultimate controlling party at the combination date.
The difference between the carrying amount of the net assets acquired and the consideration paid for the combination (or the total par value of shares issued) is adjusted against share premium in the capital reserve, with any excess adjusted against retained earnings. Any
costs directly attributable to the combination are recognised in profit or loss when incurred. The combination date is the date on which one combining entity obtains control of other combining entities.
(2) Business combinations involving entities not under common control
A business combination involving entities not under common control is a business
combination in which all of the combining entities are not ultimately controlled by the same party or parties both before and after the business combination. Where (1) the aggregate of the acquisition-date fair value of assets transferred (including the acquirer’s previously held equity interest in the acquiree), liabilities incurred or assumed, and equity securities issued by the acquirer, in exchange for control of the acquiree, exceeds (2) the acquirer’s interest in the acquisition-date fair value of the acquiree’s identifiable net assets, the difference is
recognised as goodwill (see Note III.17). If (1) is less than (2), the difference is recognised in profit or loss for the current period. The costs of issuing equity or debt securities as a part of the consideration for the acquisition are included in the carrying amounts of these equity or debt securities upon initial recognition. Other acquisition-related costs are expensed when incurred. Any difference between the fair value and the carrying amount of the assets
transferred as consideration is recognised in profit or loss. The acquiree’s identifiable asset, liabilities and contingent liabilities, if the recognition criteria are met, are recognised by the Group at their acquisition-date fair value. The acquisition date is the date on which the