JIAHUA STORES H 00602·

Gross margin ------------------------------------------------------------45.52%--49.89%4.37%60.68%10.79%60.12%0.57%54.48%5.64% Net margin -------------------------------------------------------------23.06%---31.00%7.94%-43.11%12.11%-14.71%28.40%-17.38%2.67% ROE -------------------------------------------------------------41.84%---74.54%32.71%1158.70%1233.25%80.89%1077.82%50.40%30.48% ROA -------------------------------------------------------------9.76%---10.65%0.89%-17.00%6.35%-6.88%10.12%-9.26%2.38% Revenue growth -----------------------------------------------------------------22.79%--5.58%28.37%7.04%1.47%6.33%0.71% Attributable profit growth -----------------------------------------------------------------3.80%---46.82%43.02%63.48%110.30%-25.64%89.11% Debt-to-assets ------------------------------------------------------------76.66%--85.71%9.05%101.47%15.75%108.51%7.04%118.37%9.86% Current ratio ------------------------------------------------------------0.61--0.700.100.430.270.320.110.250.07 Operating cash flow / net profit -------------------------------------------------------------0.70---0.700.00-0.710.01-2.551.85-1.670.89 Operating cash flow / revenue ------------------------------------------------------------16.08%--21.60%5.51%30.42%8.82%37.55%7.13%28.98%8.57%

Gross margin 68.15%--56.55%11.60% Net margin -2.02%---19.49%17.48% Revenue growth ----15.54%-- Attributable profit growth -----1016.89%-- Debt-to-assets ----118.40%-- Current ratio ----0.25--

Revenue ------------------------------------------------------------434.24M--335.27M22.79%353.97M5.58%378.90M7.04%402.90M6.33% Other income and gains ------------------------------------------------------------47.20M--51.83M9.82%35.21M32.06%37.92M7.68%46.14M21.68% Gross profit ------------------------------------------------------------197.67M--167.27M15.38%214.80M28.41%227.78M6.04%219.49M3.64% Selling and distribution expenses ------------------------------------------------------------240.27M--231.18M3.78%266.80M15.41%215.73M19.14%244.97M13.55% Administrative expenses ------------------------------------------------------------45.62M--40.13M12.04%42.53M5.99%35.12M17.42%33.43M4.81% Net finance costs ------------------------------------------------------------42.07M--39.44M6.25%46.86M18.82%48.42M3.34%43.13M10.93% Income tax ------------------------------------------------------------149.00K--6.47M4240.94%3.75M41.96%489.00K86.97%53.00K89.16% Operating profit -------------------------------------------------------------58.20M---70.95M21.92%-109.47M54.29%-6.82M93.77%-26.83M293.73% Profit before tax -------------------------------------------------------------100.26M---110.39M10.10%-156.33M41.62%-55.24M64.67%-69.96M26.65% Net profit -------------------------------------------------------------100.11M---103.92M3.80%-152.58M46.82%-55.73M63.48%-70.01M25.64% Net profit attributable to owners -------------------------------------------------------------100.11M---103.92M3.80%-152.58M46.82%-55.73M63.48%-70.01M25.64%

Revenue 177.58M--205.18M15.54% Other income and gains 36.78M--27.95M24.00% Cost of sales 56.55M--89.16M57.64% Gross profit 121.03M--116.03M4.13% Selling and distribution expenses 124.25M--132.29M6.47% Administrative expenses 17.36M--19.51M12.43% Net finance costs 18.70M--20.25M8.28% Income tax 53.00K--0100.00% Profit before tax -3.53M---40.00M1033.67% Net profit -3.58M---40.00M1016.89% Net profit attributable to owners -3.58M---40.00M1016.89%

Cash and cash equivalents ------------------------------------------------------------26.11M--66.17M153.40%40.00M39.55%25.09M37.29%26.52M5.72% Trade and bills receivables ------------------------------------------------------------52.63M--53.27M1.21%30.51M42.72%35.81M17.35%36.69M2.45% Inventories ------------------------------------------------------------24.43M--12.46M49.00%6.44M48.35%4.53M29.69%2.64M41.70% Total current assets ------------------------------------------------------------156.84M--168.48M7.42%105.95M37.12%82.55M22.08%89.35M8.24% Total assets ------------------------------------------------------------1.03B--975.88M4.82%897.38M8.04%809.75M9.76%756.17M6.62% Total current liabilities ------------------------------------------------------------258.86M--240.06M7.26%244.86M2.00%258.79M5.69%356.61M37.80% Total liabilities ------------------------------------------------------------786.04M--836.47M6.41%910.54M8.86%878.64M3.50%895.08M1.87% Equity attributable to owners ------------------------------------------------------------239.31M--139.41M41.74%-13.17M109.45%-68.89M423.20%-138.91M101.62% Total equity ------------------------------------------------------------239.31M--139.41M41.74%-13.17M109.45%-68.89M423.20%-138.91M101.62%

Cash and cash equivalents ----15.74M-- Trade and bills receivables ----39.57M-- Inventories ----4.20M-- Total current assets ----108.61M-- Total assets ----972.47M-- Total current liabilities ----442.14M-- Total liabilities ----1.15B-- Equity attributable to owners -----178.91M-- Total equity -----178.91M--

Net cash from operating activities ------------------------------------------------------------69.84M--72.41M3.68%107.67M48.69%142.28M32.15%116.76M17.94% Net cash from investing activities -------------------------------------------------------------41.88M---10.74M74.36%-34.65M222.70%-32.13M7.27%-31.88M0.80% Net cash from financing activities -------------------------------------------------------------78.47M---21.61M72.46%-99.19M358.91%-125.06M26.09%-83.45M33.27% Net change in cash -------------------------------------------------------------50.51M--40.06M179.31%-26.17M165.33%-14.91M43.01%1.44M109.63%