JMC(SZ:200550)2024-07-24 03:36Sales Performance - In the first half of 2024, Jiangling Motors Corporation achieved a total sales volume of 159,677 units, representing a 9.11% increase compared to the same period last year[3]. Revenue and Profit - Revenue for the first half of 2024 reached ¥17,920,065,801, an increase of 16.14% from ¥15,429,372,309 in the same period last year[10]. - Operating profit rose by 60.06% to ¥558,002,131, compared to ¥348,625,588 in the previous year[10]. - Profit before income tax increased by 56% to ¥553,915,575, up from ¥355,082,666 in the same period last year[11]. - Net profit attributable to the company's equity holders after deducting non-recurring profit or loss surged by 94.19% to ¥811,172,488, compared to ¥417,729,211 last year[10]. - Earnings per share increased by 22.77% to ¥1.04, up from ¥0.84 in the same period last year[10]. Assets and Equity - Total assets as of June 30, 2024, amounted to ¥29,874,677,888, reflecting a 2.52% increase from ¥29,141,187,886 at the end of 2023[10]. - Shareholders' equity attributable to the company's equity holders increased by 2.95% to ¥10,655,967,834, compared to ¥10,350,145,738 at the end of 2023[10]. Return on Assets - The weighted average return on net asset ratio improved to 8.29%, up by 0.70 percentage points from 7.59% in the same period last year[10]. Factors Influencing Profit - The significant increase in net profit is attributed to sales volume growth, tight control of expenses, and changes in government incentives recorded in profit or loss[11].