CHINA RES LAND 01109·

Gross margin ------------------------------------------------------------26.97%--26.22%0.75%25.15%1.07%21.64%3.51%21.23%0.41% Net margin ------------------------------------------------------------17.63%--15.63%2.00%14.85%0.78%12.06%2.79%11.66%0.40% ROE ------------------------------------------------------------14.30%--11.51%2.79%11.84%0.33%9.36%2.48%8.78%0.58% ROA ------------------------------------------------------------3.94%--2.99%0.94%3.13%0.14%2.98%0.15%3.04%0.06% Revenue growth -----------------------------------------------------------------2.38%--21.29%23.67%11.06%10.23%0.91%10.15% Attributable profit growth -----------------------------------------------------------------13.30%--11.65%24.95%-18.60%30.25%-0.45%18.14% Debt-to-assets ------------------------------------------------------------69.25%--68.40%0.85%67.75%0.65%64.86%2.89%61.13%3.73% Current ratio ------------------------------------------------------------1.32--1.350.031.340.011.410.071.660.25 Operating cash flow / net profit ------------------------------------------------------------0.19--0.040.151.271.231.380.111.180.20 Operating cash flow / revenue ------------------------------------------------------------3.31%--0.59%2.72%18.86%18.26%16.69%2.17%13.78%2.90%

Gross margin 24.00%--25.37%1.37% Net margin 15.47%--19.51%4.04% Revenue growth -----28.50%-- Attributable profit growth -----17.16%-- Debt-to-assets ----61.05%-- Current ratio ----1.61--

Revenue ------------------------------------------------------------212.11B--207.06B2.38%251.14B21.29%278.91B11.06%281.44B0.91% Other income and gains ------------------------------------------------------------4.39B--3.11B29.16%8.59B175.90%6.70B22.03%3.39B49.42% Gross profit ------------------------------------------------------------57.20B--54.29B5.09%63.16B16.34%60.36B4.44%59.74B1.01% Selling and distribution expenses ------------------------------------------------------------6.09B--5.89B3.27%7.30B23.87%7.81B6.94%9.33B19.54% Administrative expenses ------------------------------------------------------------5.87B--5.39B8.28%6.68B24.01%6.03B9.69%5.19B13.88% Net finance costs ------------------------------------------------------------1.40B--1.70B21.64%1.74B2.61%3.20B83.60%3.08B3.70% Income tax ------------------------------------------------------------22.97B--23.14B0.74%29.13B25.91%24.56B15.71%20.53B16.39% Operating profit ------------------------------------------------------------57.47B--53.11B7.58%65.82B23.94%61.00B7.32%54.48B10.70% Share of associates and JVs ------------------------------------------------------------4.30B--4.10B4.55%2.36B42.45%388.23M83.55%1.96B404.82% Profit before tax ------------------------------------------------------------60.37B--55.51B8.04%66.44B19.69%58.19B12.41%53.35B8.31% Net profit ------------------------------------------------------------37.40B--32.37B13.44%37.30B15.24%33.63B9.84%32.82B2.42% Net profit attributable to owners ------------------------------------------------------------32.40B--28.09B13.30%31.37B11.65%25.53B18.60%25.42B0.45%

Revenue 94.92B--67.87B28.50% Other income and gains 1.58B--3.83B141.92% Cost of sales 72.14B--50.65B29.79% Gross profit 22.78B--17.22B24.42% Selling and distribution expenses 2.74B--2.94B7.39% Administrative expenses 2.04B--1.96B3.79% Net finance costs 1.52B--1.40B8.18% Income tax 7.21B--7.59B5.18% Share of associates and JVs 60.64M--152.24M151.04% Profit before tax 21.90B--20.83B4.88% Net profit 14.69B--13.24B9.82% Net profit attributable to owners 11.88B--9.84B17.16%

Cash and cash equivalents ------------------------------------------------------------106.77B--95.54B10.52%112.68B17.93%131.38B16.60%115.45B12.13% Trade and bills receivables ------------------------------------------------------------48.46B--45.01B7.12%51.30B13.98%52.94B3.19%41.67B21.28% Inventories ------------------------------------------------------------463.06M--462.83M0.05%407.47M11.96%422.67M3.73%373.16M11.71% Total current assets ------------------------------------------------------------615.27B--713.28B15.93%784.36B9.96%710.69B9.39%645.78B9.13% Total assets ------------------------------------------------------------949.80B--1.08T13.85%1.19T10.16%1.13T5.18%1.08T4.50% Total current liabilities ------------------------------------------------------------464.63B--527.26B13.48%584.21B10.80%503.92B13.74%388.69B22.87% Total liabilities ------------------------------------------------------------657.73B--739.62B12.45%807.03B9.11%732.55B9.23%659.38B9.99% Equity attributable to owners ------------------------------------------------------------226.53B--244.05B7.73%264.87B8.53%272.72B2.96%289.48B6.15% Total equity ------------------------------------------------------------292.08B--341.71B16.99%384.15B12.42%396.95B3.33%419.32B5.63%

Cash and cash equivalents ----97.38B-- Trade and bills receivables ----51.02B-- Inventories ----400.79B-- Total current assets ----646.67B-- Total assets ----1.08T-- Total current liabilities ----401.60B-- Total liabilities ----658.86B-- Equity attributable to owners ----292.17B-- Total equity ----420.39B--

Net cash from operating activities ------------------------------------------------------------7.03B--1.23B82.50%47.35B3750.42%46.54B1.71%38.79B16.65% Net cash from investing activities -------------------------------------------------------------27.80B---39.34B41.49%-39.30B0.09%-22.58B42.56%-51.31B127.28% Net cash from financing activities ------------------------------------------------------------40.20B--26.14B34.98%8.97B65.67%-5.70B163.49%-3.01B47.17% Net change in cash ------------------------------------------------------------19.42B---11.97B161.63%17.02B242.18%18.27B7.33%-15.53B184.99%