Summary by Moomoo AI
Dongfeng Motor Group Co., Ltd. (Dongfeng Group) has released its annual report and financial statements for the year ended December 31, 2023. The audited report shows that the company's revenue reached RMB99.315 billion, up 7.2% year-on-year, and gross profit was RMB9.466 billion. However, Dongfeng Group's net loss attributable to shareholders was RMB6.813 billion. The total assets of the company increased slightly to RMB330.678 billion, total debt was RMB171,069 billion, shareholders' equity was RMB159.609 billion, of which was RMB152,787 billion attributable to the shareholders of the parent company. Net cash generated by operating activities was RMB8.553 billion. For the year ended December 31, 2023, the Company does not propose to distribute dividends. AUDIT HIGHLIGHTS INCLUDE MARGIN CONDITIONS AND IMPAIRMENT ASSESSMENTS OF PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS. Auditors EY...Show More