EX-99.2 3 ck0000932695-ex99_2.htm EX-99.2 EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the six months ended December 31, 2024 and 2023

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

 

 

 

Second Half of 2024

 

 

Second Half of 2023

 

 

RMB’000

 

 

US$’000

 

 

RMB’000

 

 

US$’000

 

Revenue

 

 

8,827,151

 

 

 

1,227,972

 

 

 

8,875,346

 

 

 

1,234,676

 

Cost of sales*

 

 

(7,420,695

)

 

 

(1,032,315

)

 

 

(7,644,571

)

 

 

(1,063,459

)

Gross profit

 

 

1,406,456

 

 

 

195,657

 

 

 

1,230,775

 

 

 

171,217

 

Other operating income, net

 

 

401,548

 

 

 

55,861

 

 

 

306,161

 

 

 

42,591

 

Research and development expenses

 

 

(591,099

)

 

 

(82,230

)

 

 

(470,531

)

 

 

(65,457

)

Selling, general and administrative expenses*

 

 

(1,056,825

)

 

 

(147,019

)

 

 

(844,642

)

 

 

(117,501

)

Operating profit

 

 

160,080

 

 

 

22,269

 

 

 

221,763

 

 

 

30,850

 

Finance costs

 

 

(37,057

)

 

 

(5,155

)

 

 

(46,533

)

 

 

(6,473

)

Share of results of associates and joint ventures

 

 

58,473

 

 

 

8,134

 

 

 

32,452

 

 

 

4,514

 

Profit before tax

 

 

181,496

 

 

 

25,248

 

 

 

207,682

 

 

 

28,891

 

Income tax expense

 

 

(26,357

)

 

 

(3,667

)

 

 

(37,869

)

 

 

(5,268

)

Profit for the period

 

 

155,139

 

 

 

21,581

 

 

 

169,813

 

 

 

23,623

 

Attributable to:

 

 

 

 

 

 

 

 

 

 

 

 

Equity holders of the Company

 

 

82,725

 

 

 

11,507

 

 

 

107,141

 

 

 

14,905

 

Non-controlling interests

 

 

72,414

 

 

 

10,074

 

 

 

62,672

 

 

 

8,718

 

 

 

155,139

 

 

 

21,581

 

 

 

169,813

 

 

 

23,623

 

Net earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

- Basic

 

 

2.19

 

 

 

0.30

 

 

 

2.62

 

 

 

0.36

 

- Diluted

 

 

2.19

 

 

 

0.30

 

 

 

2.62

 

 

 

0.36

 

Unit Sales

 

 

163,843

 

 

 

 

 

 

147,700

 

 

 

 

 

 

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2024 and 2023

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

 

 

 

December 31, 2024
(Unaudited)

 

 

December 31, 2023
(Audited)

 

 

RMB’000

 

 

US$’000

 

 

RMB’000

 

 

US$’000

 

Revenue

 

 

19,133,575

 

 

 

2,661,729

 

 

 

18,046,349

 

 

 

2,510,482

 

Cost of sales*

 

 

(16,315,074

)

 

 

(2,269,639

)

 

 

(15,502,876

)

 

 

(2,156,652

)

Gross profit

 

 

2,818,501

 

 

 

392,090

 

 

 

2,543,473

 

 

 

353,830

 

Other operating income, net

 

 

575,658

 

 

 

80,082

 

 

 

442,362

 

 

 

61,538

 

Research and development expenses

 

 

(984,659

)

 

 

(136,979

)

 

 

(876,578

)

 

 

(121,943

)

Selling, general and administrative expenses*

 

 

(1,812,526

)

 

 

(252,147

)

 

 

(1,499,808

)

 

 

(208,643

)

Operating profit

 

 

596,974

 

 

 

83,046

 

 

 

609,449

 

 

 

84,782

 

Finance costs

 

 

(77,982

)

 

 

(10,848

)

 

 

(100,175

)

 

 

(13,936

)

Share of results of associates and joint ventures

 

 

101,548

 

 

 

14,127

 

 

 

62,078

 

 

 

8,636

 

Profit before tax

 

 

620,540

 

 

 

86,325

 

 

 

571,352

 

 

 

79,482

 

Income tax expense

 

 

(128,798

)

 

 

(17,917

)

 

 

(148,496

)

 

 

(20,658

)

Profit for the year

 

 

491,742

 

 

 

68,408

 

 

 

422,856

 

 

 

58,824

 

Attributable to:

 

 

 

 

 

 

 

 

 

 

 

 

Equity holders of the Company

 

 

323,055

 

 

 

44,941

 

 

 

285,518

 

 

 

39,719

 

Non-controlling interests

 

 

168,687

 

 

 

23,467

 

 

 

137,338

 

 

 

19,105

 

 

 

491,742

 

 

 

68,408

 

 

 

422,856

 

 

 

58,824

 

Net earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

- Basic

 

 

8.21

 

 

 

1.14

 

 

 

6.99

 

 

 

0.99

 

- Diluted

 

 

8.21

 

 

 

1.14

 

 

 

6.99

 

 

 

0.99

 

Unit Sales

 

 

356,586

 

 

 

 

 

 

313,493

 

 

 

 

 

 

*Comparatives

Management has reclassified assurance-type warranty expenses from selling and distribution (within selling, general and administrative expenses) to cost of sales. The comparative figures in the Income Statement for the six months and full year ended December 31, 2023, have been adjusted to conform with the current year's presentation. The changes to 2023 comparatives have no impact on the operating profit for the period of the Group, its financial position or cash flows.

 

 

 

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED FINANCIAL POSITION ITEMS

For the years ended December 31, 2024 and December 31, 2023

(RMB and US$ amounts expressed in thousands)

 

 

 

 

December 31, 2024
 (Unaudited)

 

 

December 31, 2023 (Audited)

 

 

 

RMB’000

 

 

US$’000

 

 

RMB’000

 

Cash and bank balances

 

 

6,433,593

 

 

 

894,997

 

 

 

6,039,471

 

Trade and bills receivables

 

 

8,809,069

 

 

 

1,225,456

 

 

 

7,813,228

 

Inventories

 

 

4,654,448

 

 

 

647,494

 

 

 

4,649,027

 

Trade and bills payables

 

 

8,499,626

 

 

 

1,182,409

 

 

 

7,634,273

 

Short-term and long-term loans and borrowings

 

 

2,509,800

 

 

 

349,146

 

 

 

2,540,294

 

Equity attributable to equity holders of the Company

 

 

9,164,625

 

 

 

1,274,919

 

 

 

9,226,528

 

 

 

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