TSIT WING INTL 02119·

Gross margin ----29.40%--32.26%2.86%30.34%1.92%------------38.99%--33.73%5.26%33.00%0.73%34.11%1.11%28.18%5.92% Net margin ----4.71%--7.73%3.02%5.07%2.66%------------10.46%--6.81%3.65%6.68%0.13%8.19%1.51%5.41%2.78% ROE ----16.67%--23.26%6.58%21.52%1.73%------------13.63%--8.24%5.39%8.25%0.01%11.59%3.34%8.09%3.50% ROA ----6.99%--11.11%4.12%8.32%2.79%------------10.52%--6.49%4.03%6.63%0.13%8.69%2.06%5.98%2.71% Revenue growth --------1.38%--12.34%10.96%-----------------0.84%--6.26%7.10%1.09%5.17%6.74%5.65% Attributable profit growth --------57.46%---29.03%86.48%-----------------35.43%--4.20%39.63%23.96%19.76%-29.47%53.44% Debt-to-assets ----53.23%--49.73%3.50%60.09%10.36%------------22.81%--21.26%1.55%19.68%1.58%25.07%5.39%26.09%1.02% Current ratio ----1.63--1.790.161.490.30------------3.80--3.610.184.110.493.130.982.990.14 Operating cash flow / net profit ----2.10--1.810.290.551.25------------1.22--0.880.332.942.061.311.641.040.27 Operating cash flow / revenue ----9.87%--13.97%4.10%2.80%11.16%------------12.73%--6.01%6.72%19.67%13.66%10.70%8.97%5.62%5.08%

Gross margin 30.48%--28.52%1.96% Net margin 6.54%--5.95%0.59% Revenue growth ----4.73%-- Attributable profit growth -----4.66%-- Debt-to-assets ----22.18%-- Current ratio ----3.44--

Revenue ----838.15M--849.72M1.38%954.61M12.34%------------626.93M--621.66M0.84%660.57M6.26%667.78M1.09%712.78M6.74% Other income and gains ----17.28M--17.06M1.25%4.00M76.57%------------1.81M--10.05M454.76%5.38M46.47%16.04M198.16%3.84M76.04% Cost of sales ----591.75M--575.63M2.72%665.00M15.53%-------------------------------- Gross profit ----246.40M--274.09M11.24%289.61M5.66%------------244.44M--209.71M14.21%217.99M3.95%227.77M4.48%200.89M11.80% Selling and distribution expenses ----97.48M--108.89M11.70%112.25M3.08%------------96.94M--93.29M3.76%93.19M0.11%94.42M1.33%89.10M5.63% Administrative expenses ----89.90M--86.77M3.47%109.74M26.47%------------63.13M--70.78M12.12%71.89M1.57%74.81M4.06%66.19M11.52% Net finance costs ----4.88M--4.01M17.83%4.13M3.00%------------706.41K--796.80K12.80%942.47K18.28%1.65M74.80%1.41M14.53% Income tax ----12.84M--17.40M35.49%15.80M9.21%------------16.64M--8.77M47.31%9.32M6.33%13.84M48.51%6.61M52.26% Operating profit ----64.31M--85.65M33.19%68.30M20.26%------------82.95M--51.93M37.40%54.41M4.78%70.21M29.05%46.61M33.62% Profit before tax ----59.43M--81.64M37.37%64.17M21.40%------------82.25M--51.13M37.83%53.47M4.57%68.56M28.24%45.20M34.07% Net profit ----39.46M--65.70M66.52%48.37M26.37%------------65.61M--42.36M35.43%44.14M4.20%54.72M23.96%38.59M29.47% Net profit attributable to owners ----41.25M--64.95M57.46%46.09M29.03%------------65.61M--42.36M35.43%44.14M4.20%54.72M23.96%38.59M29.47%

Revenue 380.43M--398.43M4.73% Other income and gains 2.40M--2.93M22.11% Cost of sales 264.49M--284.79M7.68% Gross profit 115.94M--113.64M1.99% Selling and distribution expenses 48.37M--49.32M1.95% Administrative expenses 37.68M--37.25M1.14% Net finance costs 836.00K--555.00K33.61% Income tax 4.92M--4.81M2.40% Profit before tax 29.79M--28.51M4.29% Net profit 24.86M--23.70M4.66% Net profit attributable to owners 24.86M--23.70M4.66%

Cash and cash equivalents ----59.92M--48.10M19.73%45.61M5.17%------------222.48M--169.53M23.80%229.96M35.64%157.84M31.36%138.44M12.29% Trade and bills receivables ----135.16M--128.92M4.62%170.35M32.14%------------102.03M--97.93M4.02%104.37M6.58%93.26M10.64%103.13M10.59% Inventories ----163.65M--147.23M10.04%195.37M32.70%------------136.22M--175.01M28.48%119.17M31.91%152.11M27.64%178.28M17.20% Total current assets ----383.57M--439.91M14.69%433.99M1.35%------------474.35M--462.58M2.48%468.94M1.37%419.23M10.60%449.43M7.20% Total assets ----564.68M--591.36M4.73%581.46M1.67%------------623.38M--652.60M4.69%666.18M2.08%629.87M5.45%645.11M2.42% Total current liabilities ----235.88M--245.78M4.20%291.96M18.79%------------124.85M--127.97M2.50%114.12M10.83%134.00M17.43%150.54M12.34% Total liabilities ----300.57M--294.07M2.17%349.40M18.82%------------142.20M--138.76M2.42%131.11M5.51%157.90M20.43%168.31M6.59% Equity attributable to owners ----247.37M--279.25M12.89%214.17M23.31%------------481.17M--513.84M6.79%535.06M4.13%471.97M11.79%476.80M1.02% Total equity ----264.10M--297.30M12.57%232.06M21.94%------------481.17M--513.84M6.79%535.06M4.13%471.97M11.79%476.80M1.02%

Cash and cash equivalents ----179.11M-- Trade and bills receivables ----103.54M-- Inventories ----174.59M-- Total current assets ----478.19M-- Total assets ----708.40M-- Total current liabilities ----139.04M-- Total liabilities ----157.14M-- Equity attributable to owners ----551.26M-- Total equity ----551.26M--

Net cash from operating activities ----82.69M--118.69M43.54%26.77M77.45%------------79.79M--37.33M53.21%129.91M247.95%71.43M45.02%40.06M43.91% Net cash from investing activities -----19.95M---111.97M461.20%-26.57M76.27%-------------24.56M---65.09M165.06%-29.04M55.40%-6.59M77.29%-20.43M209.90% Net cash from financing activities -----88.17M---17.66M79.97%-3.69M79.11%-------------60.75M---39.91M34.30%-41.70M4.48%-141.07M238.30%-35.71M74.68% Net change in cash -----25.43M---10.94M56.97%-3.49M68.07%-------------5.51M---67.67M1127.46%59.17M187.44%-76.23M228.83%-16.08M78.90%