JMC(SZ:000550)2024-07-23 11:15Financial Performance - In the first half of 2024, Jiangling Motors Corporation achieved a revenue of CNY 17,920,065,801, representing a 16.14% increase compared to CNY 15,429,372,309 in the same period last year[4] - The operating profit for the first half of 2024 was CNY 558,002,131, which is a 60.06% increase from CNY 348,625,588 in the previous year[4] - Profit attributable to the company's equity holders rose to CNY 895,480,117, marking a 22.77% increase from CNY 729,387,557 year-over-year[4] - Net profit attributable to the company's equity holders after deducting non-recurring profit or loss surged by 94.19% to CNY 811,172,488 from CNY 417,729,211 in the same period last year[4] - The company's profit before income tax increased by 56% compared to the same period last year, primarily due to sales volume growth and expense control[6] Sales and Production - The total sales volume for the first half of 2024 was 159,677 units, up by 9.11% compared to the same period last year[5] Earnings and Shareholder Value - The company's earnings per share increased to CNY 1.04, a rise of 22.77% from CNY 0.84 in the previous year[4] - Shareholders' equity attributable to the company's equity holders increased to CNY 10,655,967,834, a 2.95% rise from CNY 10,350,145,738[4] Assets and Returns - Total assets as of June 30, 2024, were CNY 29,874,677,888, reflecting a 2.52% increase from CNY 29,141,187,886 at the end of 2023[4] - The weighted average return on net asset ratio improved to 8.29%, up by 0.70 percentage points from 7.59% in the previous year[4]