MAOYAN ENT 01896·

Gross margin 55.43%--43.97%11.46%50.13%6.16%39.81%10.32%43.27%3.46% Net margin 11.09%--4.52%6.57%19.08%14.56%4.46%14.63%12.16%7.70% ROE 4.61%--1.29%3.33%10.07%8.78%2.01%8.06%6.07%4.06% ROA 3.34%--1.02%2.32%7.24%6.22%1.45%5.78%4.43%2.97% Revenue growth -----30.21%--105.11%135.31%-14.19%119.30%13.46%27.65% Attributable profit growth -----71.45%--765.49%836.95%-80.02%845.51%209.86%289.88% Debt-to-assets 27.57%--20.32%7.25%27.92%7.61%27.65%0.28%26.97%0.68% Current ratio 1.90--2.410.512.080.331.990.091.880.11 Operating cash flow / net profit 1.57--0.720.851.650.93-4.656.302.136.78 Operating cash flow / revenue 17.43%--3.24%14.19%31.44%28.19%-20.73%52.17%25.85%46.58%

Gross margin 37.88%--31.29%6.59% Net margin 7.22%---1.60%8.82% Revenue growth -----27.60%-- Attributable profit growth -----115.46%-- Debt-to-assets ----37.72%-- Current ratio ----1.53--

Revenue 3.32B--2.32B30.21%4.76B105.11%4.08B14.19%4.63B13.46% Other income and gains 23.25M--38.55M65.80%51.13M32.63%44.23M13.50%9.12M79.37% Gross profit 1.84B--1.02B44.63%2.38B133.82%1.63B31.86%2.00B23.33% Selling and distribution expenses 672.54M--480.09M28.61%842.48M75.48%939.81M11.55%921.94M1.90% Administrative expenses 360.18M--299.96M16.72%371.61M23.88%363.27M2.24%304.94M16.06% Net finance costs 31.29M--17.14M45.23%5.12M70.12%9.55M86.60%10.09M5.57% Income tax 166.34M--76.48M54.02%245.84M221.45%119.42M51.42%211.69M77.26% Operating profit 538.28M--162.09M69.89%1.10B577.55%195.88M82.16%724.38M269.81% Profit before tax 534.84M--181.29M66.10%1.15B536.37%301.32M73.88%774.78M157.13% Net profit 368.50M--104.81M71.56%907.84M766.16%181.91M79.96%563.10M209.56% Net profit attributable to owners 368.50M--105.19M71.45%910.41M765.49%181.91M80.02%563.65M209.86%

Revenue 2.47B--1.79B27.60% Other income and gains 1.72M--27.48M1495.53% Cost of sales 1.54B--1.23B19.92% Gross profit 936.49M--560.08M40.19% Selling and distribution expenses 449.55M--408.00M9.24% Administrative expenses 146.54M--136.59M6.79% Net finance costs 31.45M--15.40M51.04% Income tax 112.10M--6.06M94.59% Operating profit 261.15M---38.21M114.63% Share of associates and JVs 23.00K--173.00K652.17% Profit before tax 290.56M---22.64M107.79% Net profit 178.46M---28.70M116.08% Net profit attributable to owners 178.46M---27.59M115.46%

Cash and cash equivalents 2.52B--1.72B31.71%2.15B24.78%903.06M57.94%2.14B136.85% Trade and bills receivables 909.86M--436.92M51.98%747.74M71.14%876.16M17.17%726.98M17.03% Inventories 35.05M--19.27M45.01%39.43M104.58%33.99M13.79%15.07M55.68% Total current assets 5.53B--4.69B15.09%7.07B50.72%6.67B5.74%6.29B5.71% Total assets 11.03B--10.26B6.98%12.54B22.25%12.51B0.28%12.72B1.75% Total current liabilities 2.91B--1.95B32.98%3.40B74.39%3.36B1.29%3.35B0.15% Total liabilities 3.04B--2.08B31.45%3.50B68.01%3.46B1.27%3.43B0.74% Equity attributable to owners 7.99B--8.17B2.31%9.04B10.63%9.05B0.08%9.28B2.60% Total equity 7.99B--8.17B2.33%9.04B10.58%9.05B0.11%9.29B2.70%

Cash and cash equivalents ----2.97B-- Trade and bills receivables ----790.97M-- Inventories ----14.94M-- Total current assets ----8.05B-- Total assets ----14.40B-- Total current liabilities ----5.24B-- Total liabilities ----5.43B-- Equity attributable to owners ----8.96B-- Total equity ----8.97B--

Net cash from operating activities 579.26M--75.22M87.02%1.50B1888.29%-846.26M156.59%1.20B241.47% Net cash from investing activities 163.50M---528.84M423.46%-831.24M57.18%-806.78M2.94%700.89M186.88% Net cash from financing activities -341.07M---415.63M21.86%-243.37M41.45%401.00M264.77%-647.50M261.47% Net change in cash 401.69M---869.25M316.40%420.90M148.42%-1.25B397.47%1.25B199.89%