China: FAW Jiefang Group total assets 2023

In 2023, the Chinese automobile manufacturer FAW Jiefang's total assets amounted to 65.87 billion yuan, representing an increase of almost 16 percent compared to the previous year. The Group completed a major asset restructuring in 2020, and shifted its main activities from the development, production, and sale of passenger cars to that of commercial vehicles.

Total assets of FAW Jiefang Group in China from 2010 to 2023 (in billion yuan)

Characteristic	Total assets in billion yuan
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Release date

March 2024

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Region

China

Survey time period

2010 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars or 0.13 euros (as of April 2024).

The Group completed a major asset restructuring in 2020, resulting in the financial data for 2020 including FAW Pentium Sedan Co., and financials for 2018 and 2019 including data from Jiefang Automobile Co.

Figures have been rounded to provide a better understanding of the statistic.
Figures for 2010 to 2020 were retrieved from previous reports.

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