Annual Report 2019

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2019 117 The United Laboratories International Holdings Limited Annual Report 2019 23. FINANCIAL ASSET AT FAIR VALUE THROUGH PROFIT OR LOSS 2019 2018 RMB’000 RMB’000 Equity securities of unlisted investments, classified as non-current assets 500 500 The above unlisted equity investments represent the Group’s equity interest in a private entity established in the PRC, which are measured at FVTPL at the end of both reporting period. 24. INVENTORIES 2019 2018 RMB’000 RMB’000 Raw materials 514,016 496,984 Work in progress 205,897 163,258 Finished goods 855,322 804,419 1,575,235 1,464,661