Trade and other payables

12 Months Ended

Dec. 31, 2023

22.	Trade and other payables


	31.12.2022		31.12.2023		31.12.2023
	RMB’000		RMB’000		US$’000
Current
Trade payables		4,199,072		3,999,224		562,986
Bills payables (i)		2,356,574		3,248,066		457,242
Other payables		319,723		402,516		56,664
Accrued expenses		159,735		226,745		31,920
Accrued staff costs		422,045		499,230		70,278
Refund liabilities		222,342		324,161		45,633
Dividend payable		30,205		30,899		4,350
Amount due to:
- joint ventures (trade)		67,556		83,590		11,767
- joint ventures (non-trade)		22		—		—
- related parties (trade)		296,219		303,393		42,710
- related parties (non-trade)		7,289		36,083		5,079

Financial liabilities carried at amortized cost (Note 32, Note 35)		8,080,782		9,153,907		1,288,629
Deferred grants (Note 27)		13,404		8,064		1,135
Advance from customers		254		248		35
Other tax payable		44,968		65,105		9,165

Total trade and other payables (current)		8,139,408		9,227,324		1,298,964

(i)

As of December 31, 202

, the bills payables include bills payable to joint ventures and other related parties amounted to RMB 4.0 million (US$ 0.6 million) (2022: RMB 36.3 million) and RMB 435.3 million (US$ 61.3 million) (2022: RMB 192.6 million) respectively.

(ii)

Terms and conditions of the above financial liabilities:

•

Trade and other payables are

non-interest

bearing and are normally settled on agreed credit terms ranging from 60 to 90 day terms.

•

The non-trade balances due to joint ventures and related parties are unsecured, interest-free and repayable on demand.


	31.12.2022		31.12.2023		31.12.2023
	RMB’000		RMB’000		US$’000
Non-current
Other payables (i) (Note 32, Note 35)		189,366		181,155		25,502

(i)

This relates to accrual for bonus, which is

non-interest

bearing and not expected to be settled within next 12 months.