EX-99.2 3 d831788dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended September 30, 2019 and 2018

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

		September 30, 2019								September 30, 2018
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			3,308,171				467,725				3,189,426				450,936
Cost of sales			(2,784,105	)			(393,630	)			(2,581,724	)			(365,016	)
Gross profit			524,066				74,095				607,702				85,920
Other operating income, net			91,329				12,913				44,090				6,234
Research and development costs			(81,838	)			(11,571	)			(63,610	)			(8,993	)
Selling, general and administrative costs			(357,729	)			(50,577	)			(336,973	)			(47,643	)
Operating profit			175,828				24,860				251,209				35,518
Finance costs			(47,035	)			(6,650	)			(29,874	)			(4,224	)
Share of results of associates and joint ventures			(6,270	)			(886	)			6,075				859
Profit before tax			122,523				17,324				227,410				32,153
Income tax expense			(36,543	)			(5,167	)			(48,150	)			(6,808	)
Profit for the period			85,980				12,157				179,260				25,345
Attributable to:
Equity holders of the parent			50,334				7,117				128,517				18,170
Non-controlling interests			35,646				5,040				50,743				7,175
			85,980				12,157				179,260				25,345
Net earnings per common share
- Basic			1.23				0.17				3.15				0.45
- Diluted			1.23				0.17				3.15				0.45
Unit sales			70,140								71,062

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the nine months ended September 30, 2019 and 2018

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

		September 30, 2019								September 30, 2018
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			12,333,126				1,743,716				11,731,070				1,658,594
Cost of sales			(10,334,879	)			(1,461,194	)			(9,500,860	)			(1,343,276	)
Gross profit			1,998,247				282,522				2,230,210				315,318
Other operating income, net			234,083				33,096				128,321				18,143
Research and development costs			(264,250	)			(37,361	)			(339,991	)			(48,070	)
Selling, general and administrative costs			(1,142,807	)			(161,575	)			(1,068,666	)			(151,093	)
Operating profit			825,273				116,682				949,874				134,298
Finance costs			(104,678	)			(14,800	)			(81,998	)			(11,593	)
Share of results of associates and joint ventures			1,069				151				14,633				2,069
Profit before tax			721,664				102,033				882,509				124,774
Income tax expense			(152,788	)			(21,602	)			(178,303	)			(25,209	)
Profit for the period			568,876				80,431				704,206				99,565
Attributable to:
Equity holders of the parent			395,342				55,896				503,484				71,186
Non-controlling interests			173,534				24,535				200,722				28,379
			568,876				80,431				704,206				99,565
Net earnings per common share
- Basic			9.68				1.37				12.32				1.74
- Diluted			9.68				1.37				12.32				1.74
Unit Sales			281,499								281,850

CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

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

(RMB and US$ amounts expressed in thousands)

		September 30, 2019 (Unaudited)								December 31, 2018 (Audited)
		RMB ’000				US$ ’000				RMB ’000
Cash and bank balances			5,683,244				803,524				6,128,522
Trade and bills receivables			8,013,563				1,132,995				7,389,106
Inventories			2,366,062				334,525				2,517,864
Trade and bills payables			5,340,290				755,035				4,560,629
Short-term and long-term loans and borrowings			1,615,362				228,388				2,016,092
Equity attributable to equity holders of the parent			8,620,274				1,218,775				8,395,849