CHINA HUIRONG 01290·

Net margin --------------------------------------------20.69%--9.67%11.03%10.03%0.37%10.67%0.64%10.12%0.55% ROE 10.10%--18.67%8.57%15.93%2.74%--------------------------------4.66%--2.19%2.47%2.47%0.27%2.64%0.17%2.72%0.08% ROA --------------------------------------------3.55%--2.02%1.53%2.02%0.00%2.03%0.01%2.12%0.09% Revenue growth ----104.69%--53.02%51.67%------------------------------------28.29%--6.41%21.88%0.18%6.23%5.14%4.96% Attributable profit growth ----127.41%--45.50%81.91%-------------------------------------52.90%--13.14%66.04%8.68%4.45%4.15%4.53% Debt-to-assets 49.45%--51.63%2.17%30.47%21.16%--------------------------------26.18%--29.27%3.09%34.39%5.12%37.14%2.75%33.61%3.53% Current ratio 2.01--1.900.113.261.36------------------------------------------------2.92-- Operating cash flow / net profit --------------------------------------------0.98---1.702.68-3.812.11-1.102.723.844.94 Operating cash flow / revenue -370.16%---98.27%271.89%-15.65%82.62%--------------------------------20.23%---16.41%36.64%-38.26%21.84%-11.68%26.57%38.91%50.59%

Net margin 11.57%--10.68%0.88% Revenue growth -----18.54%-- Attributable profit growth -----29.28%-- Debt-to-assets ----30.44%-- Current ratio ----3.62-- Operating cash flow / net profit 6.54--3.403.14 Operating cash flow / revenue 75.61%--36.33%39.28%

Revenue 66.55M--136.23M104.69%208.46M53.02%--------------------------------486.71M--624.38M28.29%664.39M6.41%665.60M0.18%699.84M5.14% Other income and gains 1.05M--1.46M39.24%796.00K45.55%---------------------------------------------------- Administrative expenses 16.55M--32.60M96.93%53.32M63.56%---------------------------------------------------- Net finance costs 9.45M--16.16M71.01%22.05M36.45%---------------------------------------------------- Income tax 9.86M--23.50M138.41%35.70M51.97%--------------------------------45.80M--27.12M40.78%25.00M7.83%24.99M0.04%28.26M13.09% Operating profit --------------------------------------------146.51M--85.75M41.47%89.42M4.28%96.01M7.38%99.07M3.19% Profit before tax 38.88M--89.50M130.19%131.75M47.20%--------------------------------146.51M--87.47M40.30%91.66M4.79%96.01M4.75%99.07M3.19% Net profit --------------------------------------------100.71M--60.35M40.08%66.66M10.47%71.03M6.54%70.82M0.30% Net profit attributable to owners 29.03M--66.01M127.41%96.04M45.50%--------------------------------87.17M--41.06M52.90%46.45M13.14%50.48M8.68%52.58M4.15%

Revenue 345.81M--281.69M18.54% Other income and gains 28.20M--3.46M87.73% Cost of sales 221.39M--176.41M20.31% Administrative expenses 34.54M--29.86M13.54% Income tax 9.54M--7.69M19.34% Profit before tax 49.54M--37.79M23.72% Net profit 40.00M--30.09M24.77% Net profit attributable to owners 32.76M--23.17M29.28%

Cash and cash equivalents 8.46M--61.44M626.14%159.08M158.93%------------------------------------------------216.67M-- Inventories ------------------------------------------------------------3.29M-- Total current assets 565.21M--716.61M26.79%860.81M20.12%------------------------------------------------2.68B-- Total assets 568.73M--730.87M28.51%866.98M18.62%--------------------------------2.84B--2.99B5.25%3.30B10.57%3.50B6.16%3.34B4.55% Total current liabilities 281.26M--377.33M34.16%264.14M30.00%------------------------------------------------915.98M-- Total liabilities 281.26M--377.33M34.16%264.14M30.00%--------------------------------742.46M--873.82M17.69%1.14B29.89%1.30B14.66%1.12B13.63% Equity attributable to owners 287.47M--353.54M22.98%602.84M70.51%--------------------------------1.87B--1.87B0.20%1.88B0.56%1.91B1.62%1.94B1.19% Total equity 287.47M--353.54M22.98%602.84M70.51%--------------------------------2.09B--2.11B0.84%2.17B2.57%2.20B1.71%2.22B0.81%

Cash and cash equivalents ----171.92M-- Inventories ----3.78M-- Total current assets ----2.62B-- Total assets ----3.18B-- Total current liabilities ----723.39M-- Total liabilities ----967.07M-- Equity attributable to owners ----1.93B-- Total equity ----2.21B--

Net cash from operating activities -246.35M---133.87M45.66%-32.62M75.63%--------------------------------98.46M---102.49M204.10%-254.19M148.01%-77.77M69.40%272.27M450.08% Net cash from investing activities -1.48M---3.21M116.73%7.01M318.24%---------------------------------75.67M---26.19M65.39%4.80M118.32%-59.05M1330.96%-13.69M76.82% Net cash from financing activities 244.00M--190.06M22.11%23.26M87.76%--------------------------------108.42M--89.58M17.38%189.92M112.02%136.05M28.36%-231.46M270.13% Net change in cash -3.83M--52.98M1481.79%-2.36M104.45%--------------------------------131.21M---39.10M129.80%-59.47M52.09%-775.00K98.70%27.12M3599.87%

Net cash from operating activities 261.49M--102.35M60.86% Net cash from investing activities -108.45M---477.00K99.56% Net cash from financing activities -199.31M---137.98M30.77% Net change in cash -46.28M---36.11M21.96%