EX-99.2 3 d796499dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the first half-years ended June 30, 2024 and 2023

(RMB and US$ amounts expressed in thousands)

 

     June 30, 2024     June 30, 2023  
     RMB’000     US$’000     RMB’000     US$’000  

Revenue

     10,306,424       1,446,150       9,171,003       1,286,833  

Cost of sales*

     (8,575,421     (1,203,264     (7,688,805     (1,078,858

Gross profit

     1,731,003       242,886       1,482,198       207,975  

Other operating income, net

     174,110       24,430       136,201       19,111  

Research and development expenses

     (393,560     (55,223     (406,047     (56,975

Selling, general and administrative expenses*

     (1,074,659     (150,791     (824,666     (115,713

Operating profit

     436,894       61,302       387,686       54,398  

Finance costs

     (40,925     (5,742     (53,642     (7,527

Share of results of associates and joint ventures

     43,075       6,044       29,626       4,157  

Profit before tax

     439,044       61,604       363,670       51,028  

Income tax expense

     (102,441     (14,374     (110,627     (15,523

Profit for the period

     336,603       47,230       253,043       35,505  

Attributable to:

        

Equity holders of the Company

     240,330       33,721       178,377       25,028  

Non-controlling interests

     96,273       13,509       74,666       10,477  
     336,603       47,230       253,043       35,505  

Net earnings per share

        

- Basic

     5.88       0.83       4.37       0.61  

- Diluted

     5.88       0.83       4.37       0.61  

Unit sales

     192,743         165,793    

*Comparatives

Management reclassified certain freight charges from selling and distribution (within selling, general and administrative expenses) to cost of sales for the financial statements for the year ended December 31, 2023, and has applied the same policy for the 1H 2024 reporting. These freight charges were incurred prior to ownership transfer as part of the Yuchai’s obligations to fulfill deliveries to customers. The comparative figures in the Income Statement for 1H 2023 are adjusted to conform with the current presentation. The changes to the 1H 2023 comparatives have no impact on the operating profit for the periods of the Company, its financial position or cash flows.

 

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

For the periods ended June 30, 2024 and December 31, 2023

(RMB and US$ amounts expressed in thousands)

 

     June 30, 2024
(Unaudited)
     December 31, 2023
(Audited)
 
     RMB’000      US$’000      RMB’000  

Cash and bank balances

     6,342,684        889,976        6,039,471  

Trade and bills receivables

     10,167,429        1,426,647        7,813,228  

Inventories

     4,562,856        640,239        4,649,027  

Trade and bills payables

     8,552,679        1,200,073        7,634,273  

Short-term and long-term loans and borrowings

     2,783,772        390,606        2,540,294  

Equity attributable to equity holders of the Company

     9,477,599        1,329,853        9,226,528  

 

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