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Investment in associates | 12 Months Ended
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Dec. 31, 2017
Text Block1 [Abstract] |
Investment in associates |
5. | Investment in associates
The Group’s investment in associates are summarized as below:
|  | 31.12.2015 |  |  | 31.12.2016 |  |  | 31.12.2017 |  |  | 31.12.2017 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Share of profit/(loss) of associates, net of tax |  |  | 245 |  |  |  | 456 |  |  |  | (28 | ) |  |  | (4 | )
|  |  |  |  | 31.12.2016 |  |  | 31.12.2017 |  |  | 31.12.2017 |
|  |  |  |  | RMB’000 |  |  | RMB’000 |  |  | US$’000 |
Carrying amount of investment |  |  |  |  |  |  | 3,836 |  |  |  | 2,185 |  |  |  | 345 |
Details of the associates are as follows:
Name of company |  | Principal activities |  | Place of incorporation/ business |  |  | Group’s effective equity interest |
|  |  |  |  |  |  | 31.12.2016 |  |  | 31.12.2017 |
|  |  |  |  |  |  | % |  |  | % |
Held by subsidiaries |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sinjori Sdn. Bhd. |  | Property investment and development |  |  | Malaysia |  |  |  | 14.0 |  |  |  | 14.0 |
Guangxi Yuchai Quan Xing Machinery Co., Ltd. |  | Manufacture spare part and sales of auto spare part, diesel engine & spare part, metallic materials, generator & spare part, chemical products (exclude dangerous goods), lubricating oil |  |  | People’s Republic of China |  |  |  | 15.3 |  |  |  | 15.3 |
Guangxi Yulin Yuchai Property Management Co., Ltd. (“Property Management”) (i) |  | Property management |  |  | People’s Republic of China |  |  |  | 22.9 |  |  |  | — |
Note:
| (i) | In August 2017, YEMC disposed its equity interest in Property Management to State Holding Company for a consideration of RMB 1,832 (US$289). As a result, the Group recognized net gain on disposal of associate of RMB199 (US$31) in the Group’s profit or loss for the year ended December 31, 2017.

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- Definition The disclosure of interests in associates. [Refer: Associates [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2016-01-13 -Paragraph 2 -Subparagraph b -Clause ii -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2016-03-30&anchor=para_2_b_ii&doctype=Standard -URIDate 2016-03-31 + Details
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