SHIMAO GROUP 00813·

Gross margin ------------------------------------------------------------2.43%--8.38%5.95%9.83%1.46%-9.79%19.62%-101.26%91.48% Net margin -------------------------------------------------------------26.32%---32.77%6.45%-39.69%6.92%-72.84%33.15%15.75%88.59% ROE -------------------------------------------------------------46.86%---58.84%11.98%-142.91%84.06%165.81%308.72%-8672.03%8837.84% ROA -------------------------------------------------------------4.52%---3.35%1.17%-4.34%0.99%-10.01%5.67%1.25%11.26% Revenue growth -----------------------------------------------------------------41.52%---5.67%35.85%0.86%6.53%-52.62%53.48% Attributable profit growth ----------------------------------------------------------------20.67%--2.15%18.52%-70.73%72.88%140.31%211.04% Debt-to-assets ------------------------------------------------------------81.85%--87.10%5.25%90.57%3.47%99.23%8.67%96.46%2.77% Current ratio ------------------------------------------------------------1.28--1.090.201.020.070.910.111.040.14 Operating cash flow / net profit ------------------------------------------------------------0.34--0.210.130.230.020.010.230.550.54 Operating cash flow / revenue -------------------------------------------------------------8.90%---6.86%2.04%-9.20%2.34%-0.41%8.79%8.61%9.02%

Gross margin -6.12%---0.33%5.79% Net margin -65.73%---62.36%3.37% Revenue growth -----26.08%-- Attributable profit growth ----30.74%-- Debt-to-assets ----98.23%-- Current ratio ----1.03--

Revenue ------------------------------------------------------------107.80B--63.04B41.52%59.46B5.67%59.98B0.86%28.42B52.62% Other income and gains ------------------------------------------------------------132.36M--3.56B2591.04%-3.85B208.06%-13.61B253.59%63.35B565.50% Gross profit ------------------------------------------------------------2.62B--5.28B101.74%5.85B10.73%-5.87B200.35%-28.78B390.35% Selling and distribution expenses ------------------------------------------------------------5.38B--2.81B47.68%1.42B49.53%901.21M36.52%1.04B15.11% Administrative expenses ------------------------------------------------------------6.00B--5.72B4.73%4.70B17.75%3.92B16.61%3.37B14.07% Net finance costs ------------------------------------------------------------5.94B--15.51B161.15%8.26B46.77%12.20B47.73%7.33B39.92% Income tax ------------------------------------------------------------6.80B--3.11B54.31%1.36B56.41%1.65B21.62%2.66B61.32% Operating profit -------------------------------------------------------------18.52B---2.30B87.58%-13.25B476.07%-29.33B121.35%15.46B152.71% Share of associates and JVs -------------------------------------------------------------432.93M---131.72M69.57%-1.02B676.09%-633.93M37.99%-1.05B65.48% Profit before tax -------------------------------------------------------------21.57B---17.55B18.65%-22.24B26.75%-42.04B88.98%7.14B116.98% Net profit -------------------------------------------------------------28.38B---20.66B27.20%-23.60B14.23%-43.69B85.11%4.48B110.25% Net profit attributable to owners -------------------------------------------------------------27.09B---21.49B20.67%-21.03B2.15%-35.91B70.73%14.47B140.31%

Revenue 14.83B--10.96B26.08% Other income and gains 357.04M---412.75M215.60% Cost of sales 15.73B--11.00B30.11% Gross profit -907.70M---36.10M96.02% Selling and distribution expenses 420.49M--372.98M11.30% Administrative expenses 1.64B--1.54B6.20% Net finance costs 3.18B--2.30B27.70% Income tax 908.74M--128.87M85.82% Operating profit -5.25B---4.16B20.90% Share of associates and JVs -402.40M---250.88M37.65% Profit before tax -8.84B---6.71B24.11% Net profit -9.75B---6.84B29.87% Net profit attributable to owners -8.93B---6.19B30.74%

Cash and cash equivalents ------------------------------------------------------------47.81B--22.03B53.92%15.19B31.08%11.35B25.24%8.45B25.59% Trade and bills receivables ------------------------------------------------------------23.73B--41.76B75.99%40.29B3.51%40.84B1.35%37.30B8.65% Inventories ------------------------------------------------------------332.89B--323.17B2.92%276.52B14.44%218.51B20.98%163.00B25.40% Total current assets ------------------------------------------------------------489.88B--485.20B0.96%427.73B11.84%349.01B18.40%285.02B18.34% Total assets ------------------------------------------------------------628.10B--616.21B1.89%543.25B11.84%436.43B19.66%357.21B18.15% Total current liabilities ------------------------------------------------------------381.43B--445.53B16.80%419.87B5.76%384.23B8.49%272.79B29.00% Total liabilities ------------------------------------------------------------514.10B--536.71B4.40%492.00B8.33%433.08B11.97%344.58B20.44% Equity attributable to owners ------------------------------------------------------------57.82B--36.53B36.83%14.72B59.71%-21.65B247.15%-166.90M99.23% Total equity ------------------------------------------------------------114.00B--79.51B30.26%51.25B35.54%3.35B93.47%12.64B277.76%

Cash and cash equivalents ----7.69B-- Trade and bills receivables ----37.64B-- Inventories ----153.84B-- Total current assets ----270.93B-- Total assets ----342.62B-- Total current liabilities ----263.54B-- Total liabilities ----336.57B-- Equity attributable to owners -----6.16B-- Total equity ----6.05B--

Net cash from operating activities -------------------------------------------------------------9.59B---4.33B54.90%-5.47B26.45%-243.97M95.54%2.45B1103.46% Net cash from investing activities -------------------------------------------------------------35.83B--5.68B115.85%1.05B81.53%-368.54M135.13%-1.55B319.53% Net cash from financing activities ------------------------------------------------------------31.93B---27.32B185.56%-2.44B91.08%-3.24B32.88%-3.82B17.90% Net change in cash -------------------------------------------------------------13.49B---25.96B92.45%-6.86B73.59%-3.85B43.86%-2.91B24.30%