CHINA XLX FERT 01866·

Gross margin 24.17%--18.85%5.32%17.84%1.01%17.00%0.84%15.02%1.98% Net margin 10.43%--7.84%2.59%6.97%0.86%8.71%1.73%5.14%3.57% ROE 22.75%--19.26%3.49%15.44%3.82%16.29%0.85%9.56%6.72% ROA 6.94%--6.49%0.45%5.62%0.87%6.19%0.57%3.36%2.83% Revenue growth ----35.90%--1.75%34.15%-1.48%3.23%9.62%11.10% Attributable profit growth ----2.37%---10.51%12.88%22.96%33.47%-36.14%59.10% Debt-to-assets 68.78%--65.67%3.12%63.92%1.75%61.49%2.43%65.95%4.46% Current ratio 0.51--0.590.080.530.060.550.020.620.07 Operating cash flow / net profit 1.55--2.420.873.330.911.661.672.590.93 Operating cash flow / revenue 16.18%--19.00%2.81%23.24%4.25%14.48%8.76%13.32%1.16%

Gross margin 16.11%--19.27%3.17% Net margin 5.98%--7.81%1.83% Revenue growth ----24.27%-- Attributable profit growth ----53.64%-- Debt-to-assets ----67.80%-- Current ratio ----0.75--

Revenue 16.98B--23.07B35.90%23.48B1.75%23.13B1.48%25.35B9.62% Other income and gains 169.37M--187.29M10.58%298.93M59.61%1.06B254.98%410.64M61.30% Gross profit 4.10B--4.35B5.96%4.19B3.72%3.93B6.11%3.81B3.13% Selling and distribution expenses 475.98M--529.38M11.22%618.27M16.79%707.52M14.44%744.07M5.16% Administrative expenses 934.62M--1.07B14.66%1.30B21.23%1.32B1.90%1.36B3.00% Net finance costs 583.37M--662.19M13.51%579.99M12.41%495.04M14.65%479.67M3.11% Income tax 406.51M--372.48M8.37%302.45M18.80%362.82M19.96%280.36M22.73% Operating profit 2.76B--2.84B2.84%2.52B11.24%2.87B13.92%2.06B28.24% Share of associates and JVs 1.23M--4.67M279.46%665.00K85.78%-------- Profit before tax 2.18B--2.18B0.14%1.94B11.05%2.38B22.51%1.58B33.37% Net profit 1.77B--1.81B2.09%1.64B9.45%2.01B22.98%1.30B35.29% Net profit attributable to owners 1.30B--1.33B2.37%1.19B10.51%1.46B22.96%932.02M36.14%

Revenue 12.67B--15.74B24.27% Other income and gains 190.19M--141.57M25.57% Cost of sales 10.63B--12.71B19.58% Gross profit 2.04B--3.03B48.69% Selling and distribution expenses 391.59M--501.61M28.09% Administrative expenses 700.46M--903.25M28.95% Net finance costs 229.72M--279.98M21.88% Income tax 161.40M--259.04M60.49% Profit before tax 918.52M--1.49B62.03% Net profit 757.12M--1.23B62.36% Net profit attributable to owners 599.29M--920.77M53.64%

Cash and cash equivalents 893.12M--1.47B64.57%1.16B20.90%887.23M23.68%1.20B35.19% Trade and bills receivables 1.00B--1.02B1.50%1.14B11.61%974.67M14.36%1.08B10.52% Inventories 1.61B--1.70B5.73%1.60B6.05%1.71B7.12%1.96B14.50% Total current assets 5.77B--6.23B7.96%5.58B10.39%6.30B12.85%6.81B8.12% Total assets 25.51B--27.87B9.25%29.13B4.54%32.52B11.62%38.76B19.20% Total current liabilities 11.39B--10.54B7.43%10.44B0.92%11.37B8.85%10.97B3.52% Total liabilities 17.55B--18.30B4.30%18.62B1.77%20.00B7.38%25.56B27.84% Equity attributable to owners 5.69B--6.89B20.92%7.69B11.64%8.96B16.57%9.74B8.74% Total equity 7.96B--9.57B20.15%10.51B9.86%12.52B19.13%13.20B5.39%

Cash and cash equivalents ----2.79B-- Trade and bills receivables ----1.67B-- Inventories ----2.29B-- Total current assets ----9.29B-- Total assets ----44.06B-- Total current liabilities ----12.43B-- Total liabilities ----29.87B-- Equity attributable to owners ----10.66B-- Total equity ----14.19B--

Net cash from operating activities 2.75B--4.38B59.53%5.46B24.49%3.35B38.60%3.38B0.81% Net cash from investing activities -3.73B---3.72B0.10%-3.61B3.18%-4.29B19.02%-5.41B26.20% Net cash from financing activities 1.19B---82.18M106.90%-2.16B2525.98%665.77M130.85%2.35B253.05% Net change in cash 211.07M--576.65M173.20%-307.21M153.27%-275.33M10.38%312.26M213.41%