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🇨🇳 A股公告江 铃BCodex · 实盘不做把握 7/10
北京时间·🕒 发布 07-22(北京日)仅日期·⟳ 抓取 00:00:18·⚡ 决策 07-22 00:27:31 +27m13s·98.1 天前

江铃汽车上半年归母净利润7.388亿元,同比增长0.83%

上半年收入193.62亿元,同比增长7.02%;归母净利润7.388亿元,仅同比增长0.83%。

📄 原文江 铃B↗ 原文
江铃汽车2026年半年度业绩快报(英文版)
1 Jiangling Motors Corporation, Ltd. 2026 First Half Performance Flash Report Jiangling Motors Corporation, Ltd. and it…
不做 江铃B(200550.SZ)
A股业绩快报归母净利润仅同比增长0.83%,不满足业绩追多硬闸,不做。
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🔎 新鲜度:最早出现 2026-07-22 · 扩散 low · price-in 风险 high ↗

关键理由

  • 上半年收入193.62亿元,同比增长7.02%;归母净利润7.388亿元,仅同比增长0.83%。

主要风险

  • 扣非净利润同比增长10.78%,但不满足A股业绩追多所需的净利润同比增长超10倍硬条件。
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原文全文

展开原文 · 3,526 字
1
Jiangling Motors Corporation, Ltd.
2026 First Half Performance Flash Report
Jiangling Motors Corporation, Ltd. and its Board members warrant that the
information disclosed herein is true, accurate and complete and does not contain
any false record, misleading statement or material omission.
Special note: The financial data of the first half of 2026 disclosed herein are preliminary
accounting data, which are not audited by CPAs and might differ from the final data
disclosed in the half-year report of Jiangling Motors Corporation, Ltd. (hereinafter
referred to as ‘JMC’ or the ‘Company’); investors are advised to pay attention to
investment risks.
1. Key accounting data and indicators in the first half of 2026
Unit: RMB ‘000
Item
Reporting period
(2026 first half)
Same period
last year
Changes
(%)
Revenue
19,361,867
18,092,386
7.02%
Operating Profit
833,913
816,194
2.17%
Profit Before Income Tax
831,696
817,685
1.71%
Profit Attributable to the
Company’s Equity Holders
738,802
732,728
0.83%
Net Profit Attributable to the
Company’s Equity Holders After
Deducting Non-Recurring Profit
or Loss
598,113
539,916
10.78%
Earnings Per Share (RMB/share)
0.86
0.85
1.18%
Weighted Average Return on Net
Asset Ratio (%)
6.12%
6.30%
Down 0.18
percentage
points
Item
Jun. 30, 2026
Dec. 31, 2025
Changes
(%)
Total Assets
31,876,243
33,725,291
-5.48%
Shareholders’ Equity Attributable
to the Company’s Equity Holders
11,963,695
11,700,238
2.25%
Share Capital
863,214
863,214
0.00%
Net Assets Per Share Attributable
to the Company’s Equity Holders
(RMB/share)
14.00
13.69
2.26%
Share’s code:
000550
Share’s Name:
Jiangling Motors
No.:
2026-026
200550
Jiangling B

2
2. Explanation of Operating Results and Financial Statements
In the first half of 2026, amid multiple challenges including a slowing industry-wide
growth, rising raw material costs and intensifying market competition, the Company
actively expanded its market reach while strengthening internal governance to navigate
industry rivalry. By optimizing product portfolio and deepening channel penetration,
JMC continued to solidify its leading position in domestic advantageous segments. At
the same time, the Company seized opportunities in overseas markets, with export
business growing steadily. While vigorously expanding the market, the Company
consistently pursued internal efficiency improvements. The Company rolled out rigorous
cost
control
across
the
entire
value
chain
and
advanced
cost-reduction
and
efficiency-enhancement initiatives spanning design, procurement, and manufacturing.
On balance, the Company delivered stable operating results with modest growth in the
first half, backed by healthy profitability.
During the reporting period, JMC achieved a total sales volume of 189,033 units, up by
9.46% compared with the same period last year, including 51,189 units of Light Bus,
37,784 units of Truck, 31,925 units of Pickup, and 68,135 units of SUV. Revenue
reached RMB 19.362 billion, up 7.02% year on year. Profit Attributable to the
Company’s Equity Holders was RMB 739 million, an increase of 0.83% year on year;
Net
Profit
Attributable
to
the
Company’s
Equity
Holders
After
Deducting
Non-Recurring Profit or Loss was RMB 598 million, up 10.78% year on year.
3. Documents for reference
The comparative balance sheets and income statements signed and sealed by the current
legal representative, the chief financial officer and the head of the finance department of
the Company.
Board of Directors
Jiangling Motors Corporation, Ltd.
July 22, 2026

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