Jiangling Motors Corporation, Ltd. and its Board members undertake that the information disclosed herein is truthful, accurate and complete and does not contain false statements, misrepresentations or major omissions.
The financial data of year 2012 disclosed herein are preliminary accounting data, and are subject to audit conducted by an accounting firm. The data herein might differ from final audited results; investors shall pay attention to the risk.
- Major accounting data and financial ratios of year 2012
Unit: RMB’000
| Item | 2012 | 2011 |
Changes (%) |
| Revenue |
17,474,707 |
17,456,999 |
0.10 |
| Operating Profit |
1,673,607 |
1,947,783 |
-14.08 |
| Profit Before Income Tax |
1,888,921 |
2,121,268 |
-10.95 |
| Profit Attributable to the Company’s Equity Holders |
1,538,971 |
1,866,431 |
-17.55 |
| Earnings Per Share (RMB) |
1.78 |
2.16 |
-17.55 |
| Weighted Average Return on Net Asset Ratio (%) |
19.80 |
27.54 |
Down 7.74 percentage points |
|
Dec. 31, 2012 |
Dec. 31, 2011 |
Changes (%) |
|
| Total Assets |
13,144,347 |
11,865,258 |
10.78 |
| Shareholders’ Equity Attributable to the Company’s Equity Holders |
8,108,376 |
7,311,768 |
10.89 |
| Share Capital |
863,214,000 |
863,214,000 |
0 |
| Net Assets Per Share Attributable to the Company’s Equity Holders (RMB) |
9.39 |
8.47 |
10.89 |
- Operating Results
In 2012, JMC achieved a sales volume of 200,008 units, up 3% from last year, including 57,177 Ford-brand commercial vehicles, 68,540 JMC-brand trucks and 74,291 JMC-brand pickups and SUVs.
In 2012, net profit was RMB 1,538,971 thousand, down 17.55% from the same period last year, primarily reflecting strategic pricing actions, mix changes and higher product development expenses.
