2018
目錄
2
3
4
8
13
23
32
35
40
89
1 廣州汽車集團股份有限公司
重要提示
2018 6 30
10 1
中期報告 2018 2
公司基本情況
GUANGZHOU AUTOMOBILE GROUP CO., LTD.
GAC Group
23
020-83151008
020-83150319
xul@gagc.com.cn/xul@gac.com.cn
448 -458 23
510030
23
510623
18 808
www.gagc.com.cn/www.gac.com.cn
ir@gagc.com.cn/ir@gac.com.cn
020-83151089
www.sse.com.cn
www.hkexnews.hk
23 22
A 601238
H 02238
3 廣州汽車集團股份有限公司
董事長致辭
40
8
100 G S8
G M8 G S4
25 + +
6,301
213.15%
5,000
1,726.07 6.22%
372.00 7.00% 69.13
10.31% 0.4
0.68 1.45% 2018
500 6 500 202 36
10 1
10.21 57%
30% 110
39
中期報告 2018 4
董事長致辭
24
V2X /5G
4
Interbrand
5 廣州汽車集團股份有限公司
董事長致辭
70%
GOS
4 G-MC 2.0
G2.2 GM6
4,200
中期報告 2018 6
董事長致辭
2027 2037
7 廣州汽車集團股份有限公司
公司業務概要
1.
2.
(1)
17 15 SUV 3
MPV
Trumpchi GA5 GA6 GA3S GA8 GA4 GA3S PHEV
GS5 GS4 GS8 GS3 GS7 GS4 PHEV GM8 GE3
Accord Crider Vezel Odyssey
City Fit Avancier Acura CDX
Acura TLX-L
Camry Highlander Yaris L +
Levin C-HR
JEEP JEEP JEEP JEEP
Viaggio Ottimo
ASX Outlander PHEV
City
中期報告 2018 8
公司業務概要
G A3S P H E V G S4 P H E V
G E3 CDX
PHEV
10 2018
1 2 2018 3
210.3
31
3,079
103,339 10.16%
(2)
125
3.
9 廣州汽車集團股份有限公司
公司業務概要
4.
HVAC
5.
1,406 1,407
4.2% 5.6%
3.2% 4.6% 9.4% 10.6%
SUV MPV
0.5%
2018 41.3 41.2
94.9% 111.5% 31.4 31.3 79.0% 96.0%
10.0 9.9 170.2% 181.6%
中期報告 2018 10
公司業務概要
2018
CAFC
1
1
2 1
11 廣州汽車集團股份有限公司
公司業務概要
2
(1)
(2) (3)
3
SUV MPV
8
4
14 8
462 26% 3,850
5
A/H
A 2,358
40,333.54
中期報告 2018 12
經營情況的討論與分析
2018
1.
6.9%
MPV G A4
2018 5.5%
TNGA SUV C-HR
16.4%
38.6% Jeep 4
700
2.
1 2
1
TNGA
13 廣州汽車集團股份有限公司
經營情況的討論與分析
3.
14
8
1.5T GDI 7WDCT
G S4 462 119
3,850 1,061
2017 G E3
530
SUV
4.
A 2 A
2 6
中期報告 2018 14
經營情況的討論與分析
5.
A H
2018 85 68
22
8 1 1
500
6.
4
Interbrand
4,064.16
15 廣州汽車集團股份有限公司
經營情況的討論與分析
1,726.07
101.01 6.22%
372.00 7.00%
69.13 10.31%
0.4 0.68
1.45%
1.
2018
13.98% 6.90%
G M8 G A4
2.
3.
中期報告 2018 16
經營情況的討論與分析
1.
(%)
372.00 347.65 7.00
299.09 290.26 3.04
29.04 20.13 44.26
19.29 14.46 33.40
2.40 4.08 -41.18
2.49 2.73 -8.79
49.43 46.01 7.43
-46.30 38.98 -218.78
-22.22 34.61 -164.21
-34.26 -35.61 3.79
2.
372.00 7.00%
3.
299.09 3.04%
72.91 15.52
18.72%
17 廣州汽車集團股份有限公司
經營情況的討論與分析
4.
(1) 8.91
(2) 4.83 A
(3) 1.68
(4) 0.24
5.
(1) 46.30
38.98 85.28
(2) 22.22
34.61 56.83
(3) 34.26
35.61 1.35
10 23
中期報告 2018 18
經營情況的討論與分析
(4) 2018 6 30 269.23
2017 6 30 163.53 105.70
6.
49.43
3.42 (1)
(2)
7.
6.69 0.12
69.13
10.31% 0.4
0.68 1.45%
19 廣州汽車集團股份有限公司
經營情況的討論與分析
1.
(%) (%) (%) (%)
266.05 215.48 19.01 6.11 4.68 1.11
8.89 6.93 22.05 0.57 10.17 6.80
83.36 70.25 15.73 4.38 -4.63 7.97
13.70 6.43 53.07 66.87 44.17 7.39
372.00 299.09 19.60 7.00 3.04 3.09
2.
(%) (%) (%) (%)
266.00 215.48 18.99 6.10 4.68 1.10
92.25 77.18 16.34 4.00 -3.46 6.48
13.75 6.43 53.24 66.67 43.85 7.42
372.00 299.09 19.60 7.00 3.04 3.09
中期報告 2018 20
經營情況的討論與分析
3.
(%)
371.98 7.14
0.02 -95.65
372.00 7.00
1.
(%) (%) (%)
61.31 5.10 33.47 2.80 83.18
19.76 1.64 26.40 2.21 -25.15
102.14 8.49 72.93 6.09 40.05
2.
(1) 83.18%
(2) 25.15%
(3) 40.05%
21 廣州汽車集團股份有限公司
經營情況的討論與分析
1.
2018 6 30 1.87 2017 12 31 1.76
1.68 2017 12 31 1.67
2.
2018 6 30 612.82
327.81 1.87 2018 6 30 103.58
30 20
3 24.76
25.82 12.16%
+ / + +
3.
4.
2018 6 30 0 2017 12
31 0 2018 6 30
0 2017 12 31 0
5.
中期報告 2018 22
重要事項
10 0
10 1.00
10 0
2018 8 24 2
10 1.00
23 廣州汽車集團股份有限公司
重要事項
2014 1 A
A
A
Black-Scholes
S 8.39 A
K 7.60 A
r 3.48%
t 4
17.46% 2010 9 20 2014 9 19
i 1.25% A
1.8365 A
2017 9 19 A 2018
6 30 16,667,836 A A
93.57% 2018 7 4
2018-052
2017 12 18 2017 2017 A H
A 2,358
40,333.54 A 2018 2 9 2018
2 9
2018-011
中期報告 2018 24
重要事項
1.
59
3
2.
0
(A) 0
100,000,000
(B) 100,000,000
(A+B) 100,000,000
(%) 0.14
(C) 0
70%
(D) 0
50% (E) 0
(C+D+E) 0
25 廣州汽車集團股份有限公司
重要事項
A
1.
2016 1 22 410,558 A 2016
7 22
2.
1,348
(%)
591,397,000 23.17
102,551,000 4.02
UBS AG 99,888,000 3.91
89,143,000 3.49
79,291,000 3.11
69,509,000 2.72
60,000,000 2.35
54,465,000 2.13
49,900,000 1.96
49,676,000 1.95
中期報告 2018 26
重要事項
3.
2,553,143,000 864,000 2,552,279,000
4.
864,000
A 40,672
A 71,853,621
(%) 1.12
2,552,279,000
(%) 62.17
27 廣州汽車集團股份有限公司
重要事項
5.
2016 2016 2015 10 1.2
6 21 21.87 6 13
21.99 A
21.87 A
2016 2016 2016 10
10 20 21.79 10 12 0.8
21.87 A
21.79 A
2016 2016 A
12 21 21.75 12 19
2017 2017 2016 10 2.2
6 13 21.53 6 6
21.75 A
21.53 A
2017 2017 2017 10
9 14 21.43 9 6 1
21.53 A
21.43 A
2017 2017 753,390,254 A
11 21 21.27 11 20 21.43
A 21.27
A
中期報告 2018 28
重要事項
2017 2017 A
12 21 21.24 12 19
2018 2018 2017
6 12 14.86 6 5 10 4.3
10 4
14.86
6.
2018 6 30 120,246,910,000
AAA
29 廣州汽車集團股份有限公司
重要事項
14 14A
2017
1.
2.
2018 6 30 86,969
CPI
中期報告 2018 30
重要事項
3.
4.
31 廣州汽車集團股份有限公司
股份變動及股東情況
( )
(%) (%)
753,390,254 10.33 301,356,102 301,356,102 1,054,746,356 10.33
1
2
3 753,390,254 301,356,102 301,356,102 1,054,746,356 10.33
753,390,254 301,356,102 301,356,102 1,054,746,356 10.33
4
6,540,033,797 89.67 2,616,765,655 2,182,159 2,618,947,814 9,158,981,611 89.67
1 4,326,733,579 59.32 1,731,445,568 2,182,159 1,733,627,727 6,060,361,306 59.34
2
3
2,213,300,218 30.35 885,320,087 885,320,087 3,098,620,305 30.33
4
7,293,424,051 100 2,918,121,757 2,182,159 2,920,303,916 10,213,727,967 100
2018 6 12 2017 10 4
2,182,159
中期報告 2018 32
股份變動及股東情況
301,356,102 0 120,542,441 421,898,543 2020
11 16
150,678,051 0 60,271,221 210,949,272 2020
11 16
150,678,051 0 60,271,220 210,949,271 2020
3 11 16
75,339,025 0 30,135,610 105,474,635 2020
11 16
75,339,025 0 30,135,610 105,474,635 2020
11 16
753,390,254 0 301,356,102 1,054,746,356 / /
33 廣州汽車集團股份有限公司
股份變動及股東情況
2018 6 30 336
5%
1 (%) (%)
2 A 5,191,015,530 (L) 72.96 53.68
H 292,208,000 (L) 9.43
BlackRock, Inc. H 223,511,175 (L) 7.21 2.20
1,148,000 (S) 0.04
1. (L) (S)
2. 2018 6 30 A 5,192,187,830 A 72.97%
H 292,208,000 H
9.43% A H 5,484,395,830 53.70%
中期報告 2018 34
董事、監事、高級管理人員情況
2018 6 30
7 8
352
1.
225,000 A 735,000 A 510,000 A
443,333 A 620,666 A 177,333 A
431,666 A 604,333 A 172,667 A
79,481 H 111,274 H 31,793 H
431,666 A 604,333 A 172,667 A
185,000 A 604,332 A 419,332 A
185,000 A 604,333 A 419,333 A
84,532 A 118,345 A 33,813 A
185,000 A 604,333 A 419,333 A
38,233 A 53,526 A 15,293 A
66,000 H 92,400 H 26,400 H
35 廣州汽車集團股份有限公司
董事、監事、高級管理人員情況
2. A
A
2017
A
A A A A A A
1,400,000 0 440,000 300,000 300,000 1,540,000
1,013,334 0 405,333 253,333 0 1,418,667
760,000 0 304,000 0 0 / 1,064,000
966,668 0 386,667 246,666 0 1,353,335
966,668 0 386,667 246,666 0 1,353,335
1,213,334 0 386,667 246,666 246,666 1,353,335
1,213,334 0 386,667 246,666 246,666 1,353,335
767,768 0 307,107 47,766 0 1,074,875
1,213,334 0 386,667 246,666 246,666 1,353,335
758,234 0 303,293 38,233 0 1,061,527
/ 10,272,674 0 3,693,068 1,872,662 1,039,998 / 12,925,744
2018 6 30 2017 2018
6 12 A 4.58
A
A A
中期報告 2018 36
董事、監事、高級管理人員情況
2014 A
A 2014
9 19
2014 9 19 A 7.6 A
A 8.37
2014 9 19 2017 9 19
2018 6 30
16,667,836 A A 93.57%
2018 7 4
2018-
052
10
A 5
5,602.42 2018 6 30
0.55%
24
24 36
24
36 1/3
36
48 1/3
48
60 1/3
37 廣州汽車集團股份有限公司
董事、監事、高級管理人員情況
2017 A
A
2017 12 18
A H
2,358
40,333.54 A 2018 2 9
12
2017 12 18 A 28.40 A
24.06
10
45,045.14 2018 6 30 4.41%
24
24
36
中期報告 2018 38
董事、監事、高級管理人員情況
24
36 1/3
36
48 1/3
48
60 1/3
24
36 1/3
36
48 1/3
48
60 1/3
2018 6 30
7 8
352
39 廣州汽車集團股份有限公司
簡明合併中期財務資料
6 3,823,858 3,716,582
6 14,452,461 13,405,384
6 1,509,332 1,339,996
6 6,583,891 5,861,045
7 27,291,670 25,743,137
2,277,011 –
1,054,454 –
8 1,274,025 1,123,418
– 2,205,196
697,941 1,776,264
58,964,643 55,171,022
6,130,933 3,346,598
10 13,194,830 10,638,090
– 423,852
1,224,125 608,929
11,725,437 10,113,301
2,083,832 2,155,899
26,923,110 37,198,750
61,282,267 64,485,419
120,246,910 119,656,441
中期報告 2018 40
簡明合併中期財務資料
11 10,213,727 7,293,423
25,481,580 28,329,822
37,750,897 33,801,023
73,446,204 69,424,268
1,383,417 1,043,725
74,829,621 70,467,993
12 262,850 141,431
13 8,382,697 8,272,573
8 145,618 107,517
821,187 915,212
3,024,031 3,133,278
12,636,383 12,570,011
12 29,021,209 33,070,690
1,142,224 –
641,917 907,470
13 1,975,556 2,640,277
32,780,906 36,618,437
45,417,289 49,188,448
120,246,910 119,656,441
47 88
41 廣州汽車集團股份有限公司
簡明合併中期財務資料
5 37,200,307 34,765,443
(29,908,639) (29,025,955)
7,291,668 5,739,488
(2,903,519) (2,013,285)
(1,928,706) (1,445,781)
221,123 234,591
202,112 217,244
14 2,882,678 2,732,257
27,990 38,790
15 (240,371) (408,239)
7 4,942,947 4,600,997
7,613,244 6,963,805
16 (668,606) (681,259)
6,944,638 6,282,546
– 3,740
500 –
500 3,740
6,945,138 6,286,286
6,912,986 6,267,194
31,652 15,352
6,944,638 6,282,546
6,913,486 6,267,017
31,652 19,269
6,945,138 6,286,286
中期報告 2018 42
簡明合併中期財務資料
17 0.68 0.69
17 0.67 0.68
47 88
43 廣州汽車集團股份有限公司
簡明合併中期財務資料
7,293,423 28,329,822 33,801,023 69,424,268 1,043,725 70,467,993
4 – (232,737) 173,869 (58,868) – (58,868)
7,293,423 28,097,085 33,974,892 69,365,400 1,043,725 70,409,125
– – 6,912,986 6,912,986 31,652 6,944,638
– 500 – 500 – 500
– 500 6,912,986 6,913,486 31,652 6,945,138
2,918,122 (2,918,122) – – – –
– – (3,136,981) (3,136,981) (24,764) (3,161,745)
– – – – 252,524 252,524
– 283,039 – 283,039 – 283,039
2,141 11,825 – 13,966 – 13,966
– – – – 80,018 80,018
13
41 782 – 823 – 823
– 6,471 – 6,471 262 6,733
2,920,304 (2,616,005) (3,136,981) (2,832,682) 308,040 (2,524,642)
10,213,727 25,481,580 37,750,897 73,446,204 1,383,417 74,829,621
6,453,360 11,848,133 25,554,660 43,856,153 1,037,308 44,893,461
– – 6,267,194 6,267,194 15,352 6,282,546
– (177) – (177) 3,917 3,740
– (177) 6,267,194 6,267,017 19,269 6,286,286
– – (1,429,960) (1,429,960) (28,158) (1,458,118)
– – – – 1,500 1,500
– 8,095 – 8,095 – 8,095
1,689 10,272 – 11,961 – 11,961
45,406 879,196 – 924,602 – 924,602
– 4,965 – 4,965 354 5,319
47,095 902,528 (1,429,960) (480,337) (26,304) (506,641)
6,500,455 12,750,484 30,391,894 49,642,833 1,030,273 50,673,106
47 88
中期報告 2018 44
簡明合併中期財務資料
(3,642,073) 4,815,328
426,034 229,107
(367,528) (427,970)
(1,046,665) (718,066)
(4,630,232) 3,898,399
(4,199,100) (3,052,134)
10,726 195,864
157,247 –
231,593 –
(5,000) (72,131)
(525,320) (558,556)
(107,852) (96,955)
(27,498) (10,000)
– (9,753,262)
(1,046,809) –
– 10,101,349
1,021,192 –
133,659 117,471
(20,000) (31,368)
200,339 617,253
152,895 778,459
3,393,640 3,038,003
(1,591,569) 1,186,606
– 1,000,000
(2,221,857) 3,460,599
45 廣州汽車集團股份有限公司
簡明合併中期財務資料
11 13,847 10,654
252,524 1,500
(3,162,360) (1,448,645)
1,170,726 858,147
(701,041) (682,203)
– (2,300,000)
(1,000,000) –
(3,426,304) (3,560,547)
(10,278,393) 3,798,451
37,198,750 12,579,571
2,753 (24,559)
26,923,110 16,353,463
47 88
中期報告 2018 46
簡明合併中期財務資料附註
1
448-458 23
3,499,665,555
1
435,091,902 1
3,934,757,457
2,213,300,218
2,213,300,218
29%
286,962,422
150
753,390,254 A
2,918,121,757
47 廣州汽車集團股份有限公司
簡明合併中期財務資料
2
34
3
(a)
28
40
1
2
4 9
4
9
15
22
9
15
4
中期報告 2018 48
簡明合併中期財務資料
3
(b)
(i)
16
(i)
23
28
9
19
17
10
28
(i) 16
16
234,805,000
16
49 廣州汽車集團股份有限公司
簡明合併中期財務資料
4
9 15
9 15
4.1
9 15
25,743,137 (58,868) – 25,684,269
– 2,205,196 – 2,205,196
– 1,382,457 – 1,382,457
2,205,196 (2,205,196) – –
1,776,264 (1,382,457) – 393,807
423,852 (423,852) – –
608,929 423,852 – 1,032,781
119,656,441 (58,868) – 119,597,573
12,570,011 – – 12,570,011
33,070,690 – (1,073,690) 31,997,000
– – 1,073,690 1,073,690
49,188,448 – – 49,188,448
70,467,993 (58,868) – 70,409,125
28,329,822 (232,737) – 28,097,085
33,801,023 173,869 – 33,974,892
70,467,993 (58,868) – 70,409,125
中期報告 2018 50
簡明合併中期財務資料
4
4.2 9
9 39
9
4.3
39 33,801,023
(a) 232,737
(b) (58,868)
9 173,869
9 33,974,892
(a)
9
9
39 608,929 2,629,048
(i) 2,629,048 (2,629,048)
9 3,237,977 –
51 廣州汽車集團股份有限公司
簡明合併中期財務資料
4
4.2 9
(a)
39 232,737 –
(i) (232,737) 232,737
9 – 232,737
(i)
9
39 68,933 – – – 539,996 608,929
219,138 321,599 417,657 175,000 1,495,654 2,629,048
9 288,071 321,599 417,657 175,000 2,035,650 3,237,977
232,737,000
(ii) 9
中期報告 2018 52
簡明合併中期財務資料
4
4.2 9
(b)
9
9
4.3 9
(a)
53 廣州汽車集團股份有限公司
簡明合併中期財務資料
4
4.3 9
(a)
中期報告 2018 54
簡明合併中期財務資料
4
4.3 9
(a)
9
4.4 15
15
15
55 廣州汽車集團股份有限公司
簡明合併中期財務資料
4
4.4 15
(1)
(2) (3) (4)
(5)
15
15
4.5 15
(a)
(b)
中期報告 2018 56
簡明合併中期財務資料
5
10%
57 廣州汽車集團股份有限公司
簡明合併中期財務資料
5
35,891,026 1,467,162 (157,881) 37,200,307
(60,849) (97,032) 157,881 –
35,830,177 1,370,130 – 37,200,307
35,830,177 1,370,130 – 37,200,307
2,888,189 194,887 (28,773) – 3,054,303
172,790 172,790
(344,415) (344,415)
2,882,678
23,727 800 (18,409) 21,872 27,990
(106,456) (4,461) 47,181 (176,635) (240,371)
4,783,324 159,623 – – 4,942,947
7,613,244
(594,104) (74,260) – (242) (668,606)
6,944,638
中期報告 2018 58
簡明合併中期財務資料
5
33,995,861 859,308 (89,726) 34,765,443
(51,900) (37,826) 89,726 –
33,943,961 821,482 – 34,765,443
2,620,132 162,048 19,086 – 2,801,266
41,351 41,351
(110,360) (110,360)
2,732,257
20,467 4,850 – 13,473 38,790
(126,213) (67,639) – (214,387) (408,239)
4,381,766 219,231 – – 4,600,997
6,963,805
(662,815) (22,544) – 4,100 (681,259)
6,282,546
59 廣州汽車集團股份有限公司
簡明合併中期財務資料
5
84,222,414 28,913,882 (26,619,410) 33,730,024 120,246,910
80,115,134 38,733,760 (27,521,567) 28,329,114 119,656,441
39,397,550 22,242,959 (26,619,410) 10,396,190 45,417,289
32,898,935 32,707,001 (28,323,979) 11,906,491 49,188,448
中期報告 2018 60
簡明合併中期財務資料
6
3,716,582 13,405,384 1,339,996 5,861,045
36,010 72,265 74,347 784
234,380 1,791,910 – 1,320,205
(123,829) (420) 124,249 –
– (104,486) – –
– – – (66,612)
(39,285) (712,192) (29,260) (531,531)
3,823,858 14,452,461 1,509,332 6,583,891
2,308,959 11,856,013 1,311,433 5,319,222
743,903 968,859 – 1,080,536
(27,483) (7,718) 35,201 –
– (94,677) – (32)
– (216,326) – (726,136)
(29,418) (606,894) (42,058) (392,213)
2,995,961 11,899,257 1,304,576 5,281,377
61 廣州汽車集團股份有限公司
簡明合併中期財務資料
7
21,243,362 19,201,981
6,048,308 6,541,156
27,291,670 25,743,137
(i) 4,165,166 3,829,582
(i) 777,781 771,415
4,942,947 4,600,997
(i)
中期報告 2018 62
簡明合併中期財務資料
7
7.1
(a)
19,201,981 16,730,779
4.2 (58,868) –
19,143,113 16,730,779
(i) 530,320 630,687
(62,391) –
4,217,495 3,848,506
(2,585,175) (2,355,278)
21,243,362 18,854,694
(i)
508,457,000
63 廣州汽車集團股份有限公司
簡明合併中期財務資料
7
7.1
(b)
%
50 1
50 1
50 1
50 1
50 1
50 1
50 1
1
(c)
90%
中期報告 2018 64
簡明合併中期財務資料
7
7.1
(c)
56,303,538 53,804,188
41,632,944 40,772,493
49,734,496 42,387,164
91,367,440 83,159,657
147,670,978 136,963,845
11,019,206 8,645,170
7,766,663 5,982,432
18,785,869 14,627,602
22,459,757 20,204,314
69,253,313 69,075,712
91,713,070 89,280,026
110,498,939 103,907,628
37,172,039 33,056,217
(17,088) (17,053)
37,154,951 33,039,164
65 廣州汽車集團股份有限公司
簡明合併中期財務資料
7
7.1
(c)
110,892,346 105,949,030
(88,649,662) (87,366,382)
(13,833,158) (10,922,336)
8,409,526 7,660,312
(35) (204)
8,409,491 7,660,108
– –
8,409,491 7,660,108
中期報告 2018 66
簡明合併中期財務資料
7
7.1
(c)
37,733,797 36,930,220 25,494,969 28,710,625 45,022,654 41,317,295 – –
27,180,620 26,257,366 17,687,397 16,412,427 37,205,762 31,175,312 2,442,200 2,205,946
15,818,073 16,289,098 11,440,302 11,867,168 10,964,621 16,850,674 – –
10,029,232 10,706,876 7,330,893 8,540,519 9,849,937 8,179,585 – –
2,013,952 1,651,464 1,993,503 1,644,110 847,147 323,884 – –
38,633,697 31,287,798 35,031,572 27,852,789 1,487,274 1,247,932 – –
2,528,742 3,064,262 1,340,140 1,740,335 2,197,514 2,542,679 85,179 101,332
133,938,113 126,187,084 100,318,776 96,767,973 107,574,909 101,637,361 2,527,379 2,307,278
67 廣州汽車集團股份有限公司
簡明合併中期財務資料
7
7.1
(c)
133,938,113 126,187,084
(100,318,776) (96,767,973)
(17,088) (17,053)
33,602,249 29,402,058
50% 50%
16,801,125 14,701,029
2,916,552 2,916,552
2,895,293 2,895,293
21,259 21,259
19,717,677 17,617,581
中期報告 2018 68
簡明合併中期財務資料
7
7.2
(a)
6,541,156 5,927,340
135,350 106,955
(191,418) –
783,858 769,720
(1,220,638) (940,412)
6,048,308 5,863,603
(b)
777,781 771,415
777,781 771,415
69 廣州汽車集團股份有限公司
簡明合併中期財務資料
8
1,015,901 717,923
16 112,506 72,239
– (1,247)
1,128,407 788,915
9
9.1
1
1
2
3
1 2 3
(a) (b) (c)
641,507 – – 641,507
67,623 229,811 – 297,434
– – 348,318 348,318
– – 236,000 236,000
535,038 – 1,442,839 1,977,877
1,244,168 229,811 2,027,157 3,501,136
中期報告 2018 70
簡明合併中期財務資料
9
9.1
1 2 3
(a) (b) (c)
68,933 – – 68,933
539,996 – – 539,996
608,929 – – 608,929
219,138 – – 219,138
21,128 300,471 – 321,599
– – 417,657 417,657
– – 175,000 175,000
108,270 – 1,239,322 1,347,592
348,536 300,471 1,831,979 2,480,986
957,465 300,471 1,831,979 3,089,915
(a) 1
71 廣州汽車集團股份有限公司
簡明合併中期財務資料
9
9.1
(b) 2
2
3
(c) 3
3
1,239,322 417,657 175,000 1,831,979
148,062 – – 148,062
1,387,384 417,657 175,000 1,980,041
55,455 272,800 191,000 519,255
5,437 2,314 4,658 12,409
(5,437) (344,453) (134,658) (484,548)
1,442,839 348,318 236,000 2,027,157
– (16,329) – (16,329)
中期報告 2018 72
簡明合併中期財務資料
9
9.1
(c) 3
3
348,318 4.55%-5.6%
236,000 5.60%-6.35%
(i) 558,696 3.90%-3.92%
6%
(i) 680,626 110-120
(ii) 203,517 1%-3%
(i) 3
(ii) 3
73 廣州汽車集團股份有限公司
簡明合併中期財務資料
9
9.1
(c) 3
3
1,050,400 1,796,380 190,000 3,036,780
– 9,077,400 – 9,077,400
– 33,679 3,029 36,708
– (9,238,629) (113,029) (9,351,658)
1,050,400 1,668,830 80,000 2,799,230
– – – –
3
1,668,830 2.50%-3.60%
80,000 5.00%-5.30%
532,300 3.17%-3.50%
6%
518,100 110-120
中期報告 2018 74
簡明合併中期財務資料
10
0 170
1,928,247 1,257,455
104,670 120,207
88,272 77,284
10,905 12,976
170,108 165,632
2,302,202 1,633,554
(257,352) (259,744)
2,044,850 1,373,810
75 廣州汽車集團股份有限公司
簡明合併中期財務資料
11
1 1
H
5,080,123 5,080,123 2,213,300 2,213,300 7,293,423 7,293,423
(a) 2,141 2,141 – – 2,141 2,141
13(c) 41 41 – – 41 41
2,032,802 2,032,802 885,320 885,320 2,918,122 2,918,122
7,115,107 7,115,107 3,098,620 3,098,620 10,213,727 10,213,727
(a)
A 620
64,348,600
A A
A
2,141,487
13,847,000
119,000
6.52
中期報告 2018 76
簡明合併中期財務資料
12
11,614,364 11,046,353
327,532 425,117
83,860 19,400
18,972 26,176
12,044,728 11,517,046
13
(a) (b) 4,974,415 4,971,634
(c) (d) 2,476,460 2,432,556
632,179 568,817
(e) 299,643 299,566
8,382,697 8,272,573
1,875,556 1,540,789
100,000 100,000
(a) – 999,488
1,975,556 2,640,277
10,358,253 10,912,850
77 廣州汽車集團股份有限公司
簡明合併中期財務資料
13
(a) 4,000,000,000
5 10 5 1,000,000,000 10
3,000,000,000 5.14% 5.23%
5
(b) 2,000,000,000 5
4.95%
(c) 41,055,800
4,105,580,000 0.20% 0.50%
1.00% 1.50% 1.50% 1.60%
4,105,580,000
21.87 1
45,584,000
3,672,418,000
387,578,000
864,000 21.24
40,672
823,000 82,000
41,000 864,000
中期報告 2018 78
簡明合併中期財務資料
13
(d)
823,000 13(c)
(e) 300,000,000
5.11%
299,508,000
(f)
10,912,850 14,824,215
3,296,414 2,970,666
(2,898,285) (2,469,255)
(1,000,000) (2,299,177)
(823) (924,637)
198,227 212,801
(150,130) (152,749)
10,358,253 12,161,864
79 廣州汽車集團股份有限公司
簡明合併中期財務資料
14
1,312,268 1,070,583
66,612 726,136
– 216,326
1,839 (5,694)
2,187 2,300
3,649,431 2,599,052
460 52,393
(235,504) (189,699)
(76,757) –
(41,113) (1,442)
11,900 7,501
15
218,816 395,247
21,555 12,992
240,371 408,239
中期報告 2018 80
簡明合併中期財務資料
16
781,112 753,498
(112,506) (72,239)
668,606 681,259
(i)
15% 25% 15% 25%
17
(a)
6,912,986 6,267,194
10,212,551 9,054,795
0.68 0.69
(i)
10 4
17(b)
81 廣州汽車集團股份有限公司
簡明合併中期財務資料
17
(b)
6,912,986 6,267,194
57,350 59,334
6,970,336 6,326,528
10,212,551 9,054,795
19,896 19,636
171,762 234,387
10,404,209 9,308,818
0.67 0.68
中期報告 2018 82
簡明合併中期財務資料
18
0.10
0.10 1,021,373 650,046
3,136,981,000
1,429,960,000
0.10
0.10 1,021,373,000
650,046,000
19
1,424,000 –
481,007 173,391
1,086,151 1,242,749
1,567,158 1,416,140
2,801,196 2,785,118
– 190
2,801,196 2,785,308
(i) 923,125 1,419,945
6,715,479 5,621,393
83 廣州汽車集團股份有限公司
簡明合併中期財務資料
19
(i)
35,225,000 217,050,000
360,000,000
266,605,000 79,470,000
20
24
中期報告 2018 84
簡明合併中期財務資料
20
(a)
1,036,197 690,899
135,218 129,622
1,171,415 820,521
107,657 1,617
851 248
214 –
108,722 1,865
1,280,137 822,386
561,447 500,124
290,357 176,208
3,520 –
94 –
855,418 676,332
85 廣州汽車集團股份有限公司
簡明合併中期財務資料
20
(a)
907,637 948,203
612,500 562,904
1,520,137 1,511,107
3,206,535 2,934,725
4,726,672 4,445,832
29,251 19,247
22,920 52,114
313 –
519 –
53,003 71,361
127,685 118,771
487 3,408
– 680
4,240 848
132,412 123,707
1,171 727
7 –
4,688 841
1,603 1,267
7,469 2,835
中期報告 2018 86
簡明合併中期財務資料
20
(a)
– 21,368
20,000 10,000
20,000 31,368
183,200 560,568
10,000 39,400
193,200 599,968
100,000 50,000
100,000 50,000
– 1,640,985
– 1,345,957
(b)
5,226 6,774
87 廣州汽車集團股份有限公司
簡明合併中期財務資料
20
(c)
(i)
(ii)
13(a) 13(b)
21
0.10
10,213,727,967
1,021,373,000 (A H
中期報告 2018 88
釋義
20% 50%
2016 6 8
60%
2000 3
21
2014 8 4
49%
2013 4
2000 8 29
2010 3 9
89 廣州汽車集團股份有限公司
釋義
2017 1
90% 5% 5%
2007 11 28
1998 5 13
2004 2
2012 9 25
2017
7
2010 5 25
2004 9 1
2004 2 24
30%
2006
6 29
中期報告 2018 90
釋義
2000 10 18
2008 7 21
2010 12 8
100%
2006 6 7
75.1%
2003 9 8
MPV
571
91 廣州汽車集團股份有限公司
釋義
2003 10 8
50% 30% 20%
SUV
2007 7
25%
2011 6 8
60%
1992
50%
中期報告 2018 92