SHANGHAI IND H 00363·

Gross margin ------------------------------------------------------------38.38%--28.81%9.57%39.11%10.31%27.32%11.79%29.77%2.45% Net margin ------------------------------------------------------------10.61%--10.62%0.01%13.84%3.22%10.38%3.46%8.51%1.88% ROE ------------------------------------------------------------7.90%--5.08%2.81%7.35%2.26%5.90%1.44%4.03%1.87% ROA ------------------------------------------------------------1.98%--1.72%0.26%2.52%0.81%1.78%0.74%1.07%0.71% Revenue growth -----------------------------------------------------------------11.61%--5.82%17.42%-9.63%15.44%-29.74%20.11% Attributable profit growth -----------------------------------------------------------------32.50%--50.11%82.61%-16.20%66.31%-29.83%13.63% Debt-to-assets ------------------------------------------------------------60.83%--60.40%0.43%56.80%3.60%53.54%3.26%50.46%3.08% Current ratio ------------------------------------------------------------1.46--1.430.031.580.151.640.062.010.37 Operating cash flow / net profit ------------------------------------------------------------2.32--0.162.170.960.801.600.644.963.36 Operating cash flow / revenue ------------------------------------------------------------24.67%--1.68%22.99%13.32%11.64%16.64%3.33%42.18%25.54%

Gross margin 26.51%--34.64%8.13% Net margin 8.32%--10.39%2.07% Revenue growth -----7.08%-- Attributable profit growth ----1.55%-- Debt-to-assets ----50.63%-- Current ratio ----1.99--

Revenue ------------------------------------------------------------31.68B--28.00B11.61%29.63B5.82%26.78B9.63%18.82B29.74% Other income and gains -------------------------------------------------------------1.14B--1.00B187.70%327.83M67.24%236.84M27.76%1.16B389.82% Gross profit ------------------------------------------------------------12.16B--8.07B33.65%11.59B43.68%7.32B36.87%5.60B23.44% Selling and distribution expenses ------------------------------------------------------------967.31M--920.04M4.89%886.36M3.66%795.32M10.27%875.86M10.13% Administrative expenses ------------------------------------------------------------1.56B--1.73B10.82%1.93B11.90%2.06B6.84%2.07B0.44% Net finance costs ------------------------------------------------------------1.38B--1.67B21.28%2.11B26.75%1.88B11.28%1.46B22.10% Income tax ------------------------------------------------------------5.42B--1.95B64.07%3.82B96.03%1.76B53.93%947.55M46.15% Operating profit ------------------------------------------------------------8.49B--6.20B26.92%9.33B50.38%5.94B36.31%3.78B36.31% Share of associates and JVs ------------------------------------------------------------560.72M--385.80M31.20%704.19M82.53%472.28M32.93%224.18M52.53% Profit before tax ------------------------------------------------------------8.79B--4.92B43.97%7.92B60.90%4.54B42.69%2.55B43.87% Net profit ------------------------------------------------------------3.36B--2.97B11.55%4.10B37.89%2.78B32.21%1.60B42.44% Net profit attributable to owners ------------------------------------------------------------3.06B--2.07B32.50%3.10B50.11%2.60B16.20%1.82B29.83%

Revenue 9.48B--8.81B7.08% Other income and gains 144.63M--186.80M29.16% Cost of sales 6.96B--5.76B17.35% Gross profit 2.51B--3.05B21.41% Selling and distribution expenses 417.71M--492.65M17.94% Administrative expenses 944.04M--1.11B18.05% Net finance costs 875.08M--704.57M19.48% Income tax 376.73M--329.35M12.57% Share of associates and JVs 55.88M---15.91M128.47% Profit before tax 1.16B--1.24B6.79% Net profit 788.17M--914.66M16.05% Net profit attributable to owners 1.04B--1.06B1.55%

Cash and cash equivalents ------------------------------------------------------------31.19B--25.79B17.32%22.86B11.36%19.30B15.57%25.51B32.17% Trade and bills receivables ------------------------------------------------------------10.04B--10.25B2.06%10.18B0.69%10.86B6.75%9.46B12.96% Inventories ------------------------------------------------------------43.69B--36.33B16.86%30.73B15.41%23.39B23.87%26.13B11.71% Total current assets ------------------------------------------------------------88.02B--83.60B5.02%68.12B18.52%61.11B10.29%64.75B5.96% Total assets ------------------------------------------------------------169.82B--173.24B2.01%162.50B6.20%156.05B3.97%149.00B4.52% Total current liabilities ------------------------------------------------------------60.20B--58.42B2.96%42.98B26.43%37.20B13.45%32.15B13.57% Total liabilities ------------------------------------------------------------103.31B--104.64B1.29%92.30B11.79%83.55B9.48%75.18B10.01% Equity attributable to owners ------------------------------------------------------------38.79B--40.67B4.84%42.23B3.85%44.05B4.31%45.30B2.84% Total equity ------------------------------------------------------------66.52B--68.60B3.13%70.20B2.33%72.50B3.29%73.82B1.82%

Cash and cash equivalents ----24.61B-- Trade and bills receivables ----12.15B-- Inventories ----33.34B-- Total current assets ----75.99B-- Total assets ----170.63B-- Total current liabilities ----38.23B-- Total liabilities ----86.40B-- Equity attributable to owners ----51.67B-- Total equity ----84.23B--

Net cash from operating activities ------------------------------------------------------------7.82B--470.02M93.99%3.95B739.65%4.46B12.94%7.94B78.06% Net cash from investing activities -------------------------------------------------------------2.11B---2.74B30.18%-3.66B33.40%-6.41B75.08%7.14B211.45% Net cash from financing activities ------------------------------------------------------------2.38B---4.07B270.98%-3.03B25.63%-1.28B57.81%-8.78B586.52% Net change in cash ------------------------------------------------------------8.09B---6.35B178.43%-2.74B56.80%-3.23B17.69%6.30B295.25%