Showing posts with label financial statement. Show all posts
Showing posts with label financial statement. Show all posts

Monday, October 8, 2018

How to acquire the financial statement of a Chinese company

All companies that are registered in China are required to file an annual report and a financial statement to the Administration of Industry and Commerce. The data in the financial statement is not disclosed to the public but accessible to a certified Chinese lawyer that can acquire the information for a fee. 

The financial statement includes an income statement and a balance sheet. Under normal circumstances, it is possible for a lawyer to review financial statements from the previous 2 to 3 years. 

The income statement and balance sheet is valuable information for anybody that wants to conduct a  performance assessment or financial health check of a Chinese company. 


Here is an example of how the income statement filed to AIC is structured 

The income statement of an undisclosed Chinese company


Here is an example of how the income statement filed to AIC is structured And here an example of the balance sheet.
The balance sheet of an undisclosed Chinese company

Please contact me if you any questions and comments to financial statements