change
Overall Results Summary
H2 2018 RMB mH2 2017 RMB m
Turnover 14,302 13,958 EBIT
EBIT excl. impairment loss recognised
Profit attributable to shareholders (PAS)FY 2018 RMB m
+11% 31,867
-465% 1,465 **
-51% 2,766 **FY 2017 RMB m
change
15,774 +11%
1,851 ** -21%
2,590 ** +7%
-10720%
977 **
1,175 ** -17%
DPS (RMB)
0.14 -14%
- Final
0.07 -57%
EPS (RMB)
0.30 0.12 0.03 0.09
0.36 -17%
Dividend payout ratio (Total dividend/PAS)
40%
ROE *
5.2%
- Interim
Additions to non-current assets Net assets
Net cash/(gearing)
0.07 +29% 39% +1.0% point 6.5% -1.3% point
2,089
1,752 +19%
18,910
18,485 +2%
Notes: * ROE = PAS / Average of Equity attributable to shareholders of the Company
**Included the impact of the compensation and staff resettlement expenses related to production capacity optimization and organizational restructuring of RMB483m (FY17: RMB215m). FY18 figures also included an one-off annuity provision of itsstaff cost for 2017 with RMB117m.
Cash/(Gearing) ratio
1,230 6.5%
(1,030) +219% (5.6%) +12.1% point
Innovative Development, Transformation and Upgrade, Quality Growth
H2 2018 RMB mH2 2017 RMB m
change
FY 2018 RMB mFY 2017 RMB m
change
-8.0%
2,819
2,532
+11.3%
2,824
2,516 +12.2%
14,302
13,958
+2%
31,867
29,732 +7%Sales volume (million kl) ASP (in RMB/kl)
5.072
5.513
11.285
11.819 -4.5%
(599)
164
-465%
1,465
1,851 -21%
EBIT excl. impairment loss recognised
881
-51%
2,590 +7%
GP margin
34.0% +0.1% point
33.7% +1.4% point
Turnover Gross profit EBIT
4,875
4,747
+3%
EBIT margin (excl. impairment loss recognised)
6.3% -3.3% point
8.7%
-
11,198
10,029 +12%
EBIT margin
436 34.1% (4.2%) 3.0%
1.2% -5.4% point
2,766 35.1% 4.6% 8.7%
6.2% -1.6% point
2018
2017
one-offannuityprovisionofitsstaffcostfor2017.
*Relatedtoproductioncapacityoptimizationand organizationalrestructuring
OverallEasternCentralSouthern
201820172016 *Theabovefiguresalsoincludedtheimpactofthecompensationand staffresettlementexpensesrelatedtoproductioncapacityoptimization andorganizationalrestructuring.FY18figuresalsoincludedan