EX-99.2 3 d602519dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended June 30, 2019 and 2018

(RMB and US$ amounts expressed in thousands, except per share data)

 

     June 30, 2019     June 30, 2018  
     RMB ’000     US$ ’000     RMB ’000     US$ ’000  

Revenue

     4,861,675       707,184       4,204,550       611,598  

Cost of sales

     (4,148,822     (603,491     (3,435,522     (499,734

Gross profit

     712,853       103,693       769,028       111,864  

Other operating income, net

     98,828       14,376       33,740       4,908  

Research and development costs

     (110,545     (16,080     (156,472     (22,761

Selling, general and administrative costs

     (408,946     (59,486     (371,811     (54,084

Operating profit

     292,190       42,503       274,485       39,927  

Finance costs

     (32,350     (4,706     (29,605     (4,306

Share of results of associates and joint ventures

     3,472       505       841       122  

Profit before tax

     263,312       38,302       245,721       35,743  

Income tax expense

     (53,845     (7,832     (48,994     (7,127

Profit for the period

     209,467       30,470       196,727       28,616  

Attributable to:

        

Equity holders of the parent

     146,989       21,382       132,129       19,220  

Non-controlling interests

     62,478       9,088       64,598       9,396  

Net earnings per common share

     209,467       30,470       196,727       28,616  

- Basic

     3.60       0.52       3.23       0.47  

- Diluted

     3.60       0.52       3.23       0.47  

Unit sales

     110,059         100,675    

 

  

 

1 | Page


CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the six months ended June 30, 2019 and 2018

(RMB and US$ amounts expressed in thousands, except per share data)

 

     June 30, 2019     June 30, 2018  
     RMB ’000     US$ ’000     RMB ’000     US$ ’000  

Revenue

     9,024,955       1,312,778       8,541,644       1,242,475  

Cost of sales

     (7,550,774     (1,098,342     (6,919,136     (1,006,464

Gross profit

     1,474,181       214,436       1,622,508       236,011  

Other operating income, net

     142,754       20,765       84,231       12,252  

Research and development costs

     (182,412     (26,534     (276,381     (40,203

Selling, general and administrative costs

     (785,078     (114,198     (731,693     (106,433

Operating profit

     649,445       94,469       698,665       101,627  

Finance costs

     (57,643     (8,385     (52,124     (7,582

Share of results of associates and joint ventures

     7,339       1,068       8,558       1,245  

Profit before tax

     599,141       87,152       655,099       95,290  

Income tax expense

     (116,245     (16,909     (130,153     (18,932

Profit for the period

     482,896       70,243       524,946       76,358  

Attributable to:

        

Equity holders of the parent

     345,008       50,186       374,967       54,543  

Non-controlling interests

     137,888       20,057       149,979       21,815  

Net earnings per common share

     482,896       70,243       524,946       76,358  

- Basic

     8.44       1.23       9.18       1.33  

- Diluted

     8.44       1.23       9.17       1.33  

Unit sales

     211,359         210,788    

 

  

 

2 | Page


CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

For the periods ended June 30, 2019 and December 31, 2018

(RMB and US$ amounts expressed in thousands)

 

     June 30, 2019
(Unaudited)
     December 31,
2018
(Audited)
 
     RMB ’000      US$ ’000      RMB ’000  

Cash and bank balances

     6,695,674        973,959        6,128,522  

Trade and bills receivables

     8,358,147        1,215,784        7,389,106  

Inventories

     2,298,543        334,348        2,517,864  

Trade and bills payables

     5,638,956        820,248        4,560,629  

Short-term and long-term loans and borrowings

     2,117,094        307,954        2,016,092  

Equity attributable to equity holders of the parent

     8,536,075        1,241,665        8,395,849  

 

  

 

3 | Page