EX-99.2 3 d893710dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended December 31, 2019 and 2018

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

		4th Quarter 2019								4th Quarter 2018
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			5,682,959				814,621				4,532,178				649,663
Cost of sales			(4,575,365	)			(655,853	)			(3,670,367	)			(526,127	)
Gross profit			1,107,594				158,768				861,811				123,536
Other operating income, net			104,403				14,966				64,359				9,226
Research and development costs			(227,954	)			(32,676	)			(107,677	)			(15,435	)
Selling, general and administrative costs			(663,235	)			(95,071	)			(485,846	)			(69,643	)
Operating profit			320,808				45,987				332,647				47,684
Finance costs			(27,118	)			(3,887	)			(31,090	)			(4,457	)
Share of results of associates and joint ventures			17,965				2,575				(2,999	)			(430	)
Profit before tax			311,655				44,675				298,558				42,797
Income tax expense			(19,831	)			(2,843	)			(28,364	)			(4,066	)
Profit for the period			291,824				41,832				270,194				38,731
Attributable to:
Equity holders of the parent			209,572				30,042				191,782				27,491
Non-controlling interests			82,252				11,790				78,412				11,240
			291,824				41,832				270,194				38,731
Net earnings per common share
- Basic			5.13				0.74				4.69				0.67
- Diluted			5.13				0.74				4.69				0.67
Unit sales			94,649								93,881

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2019 and 2018

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

		2019 (Unaudited)								2018 (Audited)
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			18,016,085				2,582,507				16,263,248				2,331,247
Cost of sales			(14,910,244	)			(2,137,302	)			(13,171,227	)			(1,888,023	)
Gross profit			3,105,841				445,205				3,092,021				443,224
Other operating income, net			338,486				48,520				192,680				27,620
Research and development costs			(492,204	)			(70,555	)			(447,668	)			(64,171	)
Selling, general and administrative costs			(1,806,042	)			(258,886	)			(1,554,512	)			(222,831	)
Operating profit			1,146,081				164,284				1,282,521				183,842
Finance costs			(131,796	)			(18,892	)			(113,088	)			(16,211	)
Share of results of associates and joint ventures			19,034				2,728				11,634				1,668
Profit before tax			1,033,319				148,120				1,181,067				169,299
Income tax expense			(172,619	)			(24,744	)			(206,667	)			(29,625	)
Profit for the period			860,700				123,376				974,400				139,674
Attributable to:
Equity holders of the parent			604,914				86,711				695,266				99,663
Non-controlling interests			255,786				36,665				279,134				40,011
			860,700				123,376				974,400				139,674
Net earnings per common share
- Basic			14.81				2.12				17.02				2.44
- Diluted			14.81				2.12				17.02				2.44
Unit sales			376,148								375,731

CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

For the years ended December 31, 2019 and 2018

(RMB and US$ amounts expressed in thousands)

		December 31, 2019 (Unaudited)								December 31, 2018 (Audited)
		RMB ’000				USD ’000				RMB ’000
Cash and bank balances			6,390,919				916,103				6,128,522
Trade and bills receivables			7,744,162				1,110,083				7,389,106
Inventories			2,824,137				404,825				2,517,864
Trade and bills payables			5,735,078				822,092				4,560,629
Short-term and long-term loans and borrowings			2,055,046				294,580				2,016,092
Equity attributable to equity holders of the parent			8,767,525				1,256,777				8,395,849