HUABAO INTL 00336·

Gross margin 59.15%--49.04%10.12%44.42%4.61%42.73%1.69%40.84%1.89% Net margin 23.07%---23.53%46.60%8.78%32.31%-13.60%22.38%-11.64%1.97% ROE 4.86%---8.34%13.20%1.87%10.21%-3.19%5.06%-3.42%0.23% ROA 4.97%---5.42%10.39%1.82%7.24%-3.06%4.87%-2.82%0.24% Revenue growth -----1.38%---13.61%12.23%1.98%15.59%3.30%1.32% Attributable profit growth -----256.20%--122.15%378.35%-265.01%387.16%-0.85%264.15% Debt-to-assets 12.79%--12.40%0.39%10.82%1.59%8.54%2.27%9.41%0.87% Current ratio 4.16--4.960.806.051.097.231.196.780.46 Operating cash flow / net profit 1.58---0.892.463.324.21-1.484.80-2.040.56 Operating cash flow / revenue 36.40%--20.86%15.54%29.18%8.32%20.15%9.03%23.70%3.55%

Gross margin 43.39%--40.76%2.63% Net margin 7.38%--6.58%0.80% Revenue growth ----15.85%-- Attributable profit growth -----11.69%-- Debt-to-assets ----7.43%-- Current ratio ----8.82--

Revenue 3.88B--3.83B1.38%3.31B13.61%3.37B1.98%3.48B3.30% Other income and gains 248.52M--212.81M14.37%146.61M31.11%149.27M1.82%142.59M4.48% Gross profit 2.30B--1.88B18.25%1.47B21.74%1.44B1.90%1.42B1.27% Selling and distribution expenses 292.24M--344.40M17.85%326.81M5.11%370.15M13.26%456.47M23.32% Administrative expenses 841.66M--825.96M1.87%830.87M0.59%930.89M12.04%967.31M3.91% Net finance costs 81.47M--37.97M53.39%24.85M34.56%21.02M15.41%21.03M0.05% Income tax 251.59M--180.84M28.12%125.44M30.63%56.43M55.01%118.64M110.23% Operating profit 1.11B---607.98M154.55%378.05M162.18%-401.95M206.32%-360.88M10.22% Share of associates and JVs 12.58M---7.06M156.07%59.00K100.84%-7.14M12208.47%-2.94M58.86% Profit before tax 1.15B---720.21M162.77%415.93M157.75%-402.43M196.75%-286.85M28.72% Net profit 895.78M---901.05M200.59%290.48M132.24%-458.86M257.96%-405.49M11.63% Net profit attributable to owners 675.13M---1.05B256.20%233.63M122.15%-385.51M265.01%-388.80M0.85%

Revenue 1.62B--1.88B15.85% Other income and gains 85.39M--48.12M43.64% Cost of sales 917.70M--1.11B21.24% Gross profit 703.46M--765.52M8.82% Selling and distribution expenses 191.16M--193.75M1.36% Administrative expenses 472.16M--475.71M0.75% Net finance costs 54.33M--22.64M58.33% Income tax 55.92M--41.55M25.69% Operating profit 122.19M--143.43M17.38% Share of associates and JVs -952.00K---968.00K1.68% Profit before tax 175.57M--165.10M5.96% Net profit 119.65M--123.55M3.26% Net profit attributable to owners 118.08M--104.27M11.69%

Cash and cash equivalents 3.55B--4.75B33.62%2.54B46.51%5.56B119.03%3.60B35.25% Trade and bills receivables 1.08B--1.24B14.91%930.78M25.07%860.11M7.59%918.99M6.85% Inventories 897.23M--1.02B13.69%994.59M2.49%893.33M10.18%894.78M0.16% Total current assets 8.87B--8.70B1.96%8.36B3.92%8.16B2.33%8.15B0.18% Total assets 18.03B--16.62B7.80%16.00B3.71%15.00B6.25%14.39B4.08% Total current liabilities 2.13B--1.75B17.76%1.38B21.22%1.13B18.34%1.20B6.52% Total liabilities 2.31B--2.06B10.61%1.73B16.04%1.28B25.95%1.35B5.64% Equity attributable to owners 13.88B--12.65B8.89%12.48B1.35%12.08B3.22%11.38B5.79% Total equity 15.72B--14.56B7.39%14.27B1.97%13.72B3.86%13.04B4.99%

Cash and cash equivalents ----4.29B-- Trade and bills receivables ----964.32M-- Inventories ----866.07M-- Total current assets ----7.77B-- Total assets ----13.97B-- Total current liabilities ----881.18M-- Total liabilities ----1.04B-- Equity attributable to owners ----11.29B-- Total equity ----12.93B--

Net cash from operating activities 1.41B--798.75M43.48%965.27M20.85%679.70M29.58%825.95M21.52% Net cash from investing activities -2.10B--1.24B159.37%-2.60B309.37%1.01B138.74%-925.80M191.74% Net cash from financing activities -672.72M---997.63M48.30%-674.20M32.42%-646.39M4.12%-674.77M4.39% Net change in cash -1.35B--1.05B177.15%-2.31B321.37%1.04B145.06%-774.62M174.31%