DIWANG IND H 01950·

Gross margin 36.50%--32.21%4.29%30.30%1.91%--------16.62%--38.63%22.01%40.90%2.27%45.42%4.52%47.58%2.16% Net margin 16.81%--22.17%5.36%18.40%3.77%---------1.11%--7.90%9.01%4.36%3.54%5.30%0.94%-0.30%5.59% ROE 22.72%--23.81%1.09%24.21%0.40%---------0.96%--6.60%7.56%3.17%3.43%4.66%1.49%0.40%4.26% ROA 12.51%--17.70%5.20%17.52%0.19%---------0.83%--8.88%9.71%3.37%5.50%3.63%0.25%-0.20%3.83% Revenue growth ----4.29%--6.13%1.84%------------114.34%--13.79%100.55%-0.72%14.51%5.80%6.52% Attributable profit growth ----37.57%---11.90%49.47%------------940.42%---10.98%951.41%54.39%65.37%-91.70%146.09% Debt-to-assets 44.96%--25.66%19.29%27.66%2.00%--------13.92%--21.51%7.58%13.42%8.08%19.20%5.78%22.31%3.11% Current ratio 0.97--1.700.732.000.30--------4.51--3.221.295.742.523.582.163.120.46 Operating cash flow / net profit 2.14--0.321.820.810.49--------0.79---0.371.16-8.708.331.9710.664.282.32 Operating cash flow / revenue 36.01%--7.12%28.89%14.88%7.76%---------0.88%---2.89%2.01%-37.91%35.02%10.41%48.32%-1.27%11.68%

Gross margin 47.96%--48.80%0.84% Net margin 5.83%--9.36%3.53% Revenue growth ----19.15%-- Attributable profit growth ----92.82%-- Debt-to-assets ----17.77%-- Current ratio ----4.03-- Operating cash flow / net profit -1.51--0.872.38 Operating cash flow / revenue -8.84%--8.12%16.96%

Revenue 151.16M--157.64M4.29%167.31M6.13%--------233.94M--501.44M114.34%570.57M13.79%566.48M0.72%599.35M5.80% Other income and gains 3.45M--1.91M44.57%4.94M158.02%--------2.82M--1.39M50.71%3.42M145.55%4.27M24.90%3.83M10.28% Cost of sales 95.99M--106.86M11.33%116.62M9.13%---------------------------- Gross profit 55.17M--50.78M7.96%50.69M0.18%--------38.88M--193.70M398.26%233.38M20.49%257.30M10.25%285.17M10.83% Selling and distribution expenses 8.45M--7.57M10.40%7.00M7.43%--------8.25M--77.10M834.32%163.15M111.60%182.38M11.79%218.17M19.62% Administrative expenses 22.36M--17.33M22.49%14.55M16.08%--------23.89M--30.90M29.35%35.10M13.61%33.28M5.20%35.12M5.54% Net finance costs 630.00K--484.00K23.17%530.00K9.50%------------403.00K--688.00K70.72%1.40M103.49%1.79M28.14% Income tax 4.24M--3.54M16.56%4.52M27.74%--------1.12M--23.05M1950.62%10.76M53.30%5.49M49.00%10.32M88.03% Operating profit ---------------------1.44M--63.15M4485.21%36.41M42.35%36.98M1.58%10.44M71.77% Share of associates and JVs ---------------------36.00K---77.00K113.89%-82.00K6.49%-79.00K3.66%-99.00K25.32% Profit before tax 29.64M--38.49M29.83%35.31M8.26%---------1.48M--62.67M4345.73%35.64M43.13%35.50M0.37%8.55M75.93% Net profit 25.41M--34.95M37.57%30.79M11.90%---------2.60M--39.62M1623.77%24.87M37.22%30.02M20.67%-1.77M105.91% Net profit attributable to owners 25.41M--34.95M37.57%30.79M11.90%---------2.60M--21.85M940.42%19.45M10.98%30.03M54.39%2.49M91.70%

Revenue 262.89M--313.25M19.15% Other income and gains 1.76M--1.40M20.69% Cost of sales 136.81M--160.37M17.22% Gross profit 126.08M--152.87M21.25% Selling and distribution expenses 92.59M--96.99M4.75% Administrative expenses 17.18M--18.52M7.79% Net finance costs 960.00K--825.00K14.06% Income tax 2.16M--8.93M314.05% Share of associates and JVs -55.00K---38.00K30.91% Profit before tax 17.49M--38.25M118.68% Net profit 15.33M--29.32M91.22% Net profit attributable to owners 13.91M--26.82M92.82%

Cash and cash equivalents 9.26M--6.21M32.89%10.16M63.51%----------------48.95M--54.73M11.80%64.82M18.44% Trade and bills receivables 50.99M--59.86M17.39%67.53M12.82%--------90.36M--144.77M60.22%242.04M67.19%241.27M0.32%260.23M7.86% Inventories 14.14M--14.62M3.43%12.96M11.37%--------31.28M--98.24M214.11%108.31M10.25%44.68M58.75%62.35M39.56% Total current assets 88.17M--84.22M4.48%95.10M12.92%--------194.07M--307.92M58.66%548.64M78.17%557.41M1.60%602.79M8.14% Total assets 203.16M--197.45M2.81%175.79M10.97%--------313.17M--446.38M42.53%737.59M65.24%827.68M12.21%886.88M7.15% Total current liabilities 91.33M--49.57M45.72%47.66M3.85%--------43.05M--95.58M122.04%95.58M0.00%155.65M62.85%193.38M24.24% Total liabilities 91.33M--50.67M44.52%48.62M4.04%--------43.59M--96.00M120.20%99.00M3.14%158.94M60.54%197.88M24.50% Equity attributable to owners 111.83M--146.78M31.25%127.17M13.36%--------269.58M--331.14M22.84%613.92M85.40%644.09M4.91%622.41M3.37% Total equity 111.83M--146.78M31.25%127.17M13.36%--------269.58M--350.38M29.97%638.59M82.25%668.74M4.72%689.00M3.03%

Cash and cash equivalents ----103.76M-- Trade and bills receivables ----263.73M-- Inventories ----93.29M-- Total current assets ----634.44M-- Total assets ----910.54M-- Total current liabilities ----157.35M-- Total liabilities ----161.79M-- Equity attributable to owners ----636.49M-- Total equity ----748.75M--

Net cash from operating activities 54.44M--11.22M79.38%24.89M121.82%---------2.06M---14.50M604.62%-216.32M1391.74%58.98M127.27%-7.60M112.88% Net cash from investing activities ---------------------87.68M---14.85M83.06%-61.43M313.65%-90.18M46.80%-16.37M81.84% Net cash from financing activities --------------------38.96M--48.47M24.41%278.90M475.44%37.11M86.69%33.75M9.06% Net change in cash ---------------------50.78M--19.12M137.64%1.15M93.96%5.92M412.74%9.78M65.27%

Net cash from operating activities -23.23M--25.44M209.52% Net cash from investing activities -2.29M--41.00M1894.22% Net cash from financing activities 47.09M---32.59M169.22% Net change in cash 22.62M--40.84M80.55%