CN ANCHU ENERGY 02399·

Gross margin 28.54%--32.69%4.15%34.21%1.52%----------------------------29.47%--23.62%5.85%22.90%0.71%22.63%0.27%22.67%0.04% Net margin 12.93%--13.79%0.86%16.42%2.63%-----------------------------45.64%---14.68%30.96%-0.70%13.98%-77.33%76.63%-369.12%291.79% ROE -----------------------------------------39.87%---24.08%15.79%-8.45%15.63%-89.63%81.18%-91.87%2.23% ROA -----------------------------------------15.28%---6.65%8.64%-0.26%6.39%-25.62%25.36%-25.10%0.52% Revenue growth ----35.49%--31.00%4.49%--------------------------------61.53%--6.82%54.72%-27.60%34.42%-81.04%53.44% Attributable profit growth ----44.55%--55.99%11.44%--------------------------------43.84%--47.74%3.90%-571.65%619.39%16.04%587.69% Debt-to-assets ----------------------------------------59.33%--67.36%8.02%60.22%7.14%71.99%11.77%77.63%5.64% Current ratio 1.21--0.650.560.520.13----------------------------0.70--0.690.000.960.270.720.240.640.09 Operating cash flow / net profit 0.92--1.340.420.311.03----------------------------0.14--0.500.3628.7728.270.1028.680.200.10 Operating cash flow / revenue 11.94%--18.48%6.54%5.06%13.42%-----------------------------6.51%---7.34%0.84%-20.04%12.70%-7.62%12.42%-75.02%67.40%

Gross margin 24.50%--13.96%10.54% Net margin -246.08%---122.29%123.79% Revenue growth ----184.64%-- Attributable profit growth -----50.99%-- Debt-to-assets ----79.05%-- Current ratio ----0.56--

Revenue 818.48M--1.11B35.49%1.45B31.00%----------------------------373.86M--603.91M61.53%645.08M6.82%467.01M27.60%88.53M81.04% Other income and gains 2.58M--2.83M9.53%2.18M22.96%----------------------------14.62M--15.76M7.80%17.12M8.66%20.80M21.50%25.79M23.96% Cost of sales 584.92M--746.50M27.62%955.86M28.05%------------------------------------------------ Gross profit 233.56M--362.48M55.20%496.95M37.10%----------------------------110.17M--142.63M29.47%147.75M3.59%105.69M28.47%20.07M81.01% Selling and distribution expenses 50.14M--69.57M38.74%86.83M24.82%----------------------------50.39M--41.03M18.58%21.64M47.26%25.49M17.82%4.55M82.16% Administrative expenses 49.23M--63.34M28.68%73.33M15.77%----------------------------103.67M--74.31M28.32%89.58M20.55%156.97M75.22%108.04M31.17% Net finance costs 21.58M--26.05M20.74%24.75M5.01%----------------------------28.71M--30.62M6.64%35.86M17.12%24.54M31.58%25.24M2.86% Income tax 15.07M--53.73M256.43%82.04M52.70%----------------------------19.88M--19.40M2.43%19.36M0.16%44.07M127.59%11.09M74.85% Operating profit 142.44M--232.70M63.36%345.33M48.40%-----------------------------118.35M---77.42M34.58%50.73M165.53%-292.52M676.60%-312.64M6.88% Profit before tax 120.87M--206.65M70.97%320.59M55.14%-----------------------------147.06M---108.04M26.53%14.87M113.77%-317.06M2231.91%-337.88M6.57% Net profit 105.79M--152.92M44.55%238.54M55.99%-----------------------------170.62M---88.64M48.05%-4.49M94.93%-361.13M7937.61%-326.79M9.51% Net profit attributable to owners -----------------------------------------178.08M---100.01M43.84%-52.27M47.74%-351.05M571.65%-294.73M16.04%

Revenue 40.41M--115.03M184.64% Other income and gains 15.06M--8.42M44.07% Cost of sales 30.51M--98.98M224.39% Gross profit 9.90M--16.05M62.15% Selling and distribution expenses 2.40M--969.00K59.59% Administrative expenses 48.55M--85.41M75.92% Net finance costs 12.04M--11.19M7.05% Income tax 5.30M--3.91M26.21% Operating profit -92.71M---132.90M43.36% Share of associates and JVs 0---492.00K-- Profit before tax -104.74M---144.58M38.03% Net profit -99.44M---140.67M41.46% Net profit attributable to owners -85.24M---128.71M50.99%

Cash and cash equivalents 63.03M--56.33M10.62%32.49M42.33%----------------------------131.82M--50.38M61.79%70.32M39.59%45.98M34.62%157.07M241.61% Trade and bills receivables 621.33M--336.35M45.87%288.56M14.21%----------------------------249.62M--420.31M68.38%836.21M98.95%592.08M29.19%389.64M34.19% Inventories 48.65M--64.91M33.43%78.30M20.63%----------------------------31.24M--54.31M73.82%30.70M43.47%30.58M0.40%33.26M8.76% Total current assets 759.50M--467.59M38.43%456.44M2.39%----------------------------412.68M--545.00M32.06%937.23M71.97%668.64M28.66%579.97M13.26% Total assets ----------------------------------------1.12B--1.33B19.46%1.73B29.38%1.41B18.32%1.30B7.63% Total current liabilities 627.42M--718.78M14.56%885.21M23.15%----------------------------593.65M--786.72M32.52%974.13M23.82%922.80M5.27%908.15M1.59% Total liabilities ----------------------------------------662.43M--898.30M35.61%1.04B15.67%1.01B2.36%1.01B0.40% Equity attributable to owners ----------------------------------------446.68M--415.30M7.02%618.28M48.88%391.64M36.66%320.82M18.08% Total equity 582.40M--340.87M41.47%185.09M45.70%----------------------------454.01M--435.36M4.11%686.42M57.67%394.79M42.49%291.27M26.22%

Cash and cash equivalents ----38.86M-- Trade and bills receivables ----411.33M-- Inventories ----46.25M-- Total current assets ----496.44M-- Total assets ----1.22B-- Total current liabilities ----888.09M-- Total liabilities ----962.83M-- Equity attributable to owners ----296.28M-- Total equity ----255.14M--

Net cash from operating activities 97.70M--204.90M109.72%73.45M64.16%-----------------------------24.33M---44.35M82.30%-129.29M191.50%-35.58M72.48%-66.41M86.68% Net cash from investing activities -128.10M--45.41M135.45%100.48M121.28%-----------------------------45.16M---92.80M105.48%-37.51M59.58%-34.80M7.21%-5.39M84.51% Net cash from financing activities 33.59M---226.46M774.14%-167.23M26.16%----------------------------4.66M--55.70M1095.30%187.69M236.95%49.93M73.40%194.05M288.68% Net change in cash 3.19M--23.85M647.12%6.70M71.92%-----------------------------64.83M---81.45M25.63%20.89M125.66%-20.45M197.88%122.25M697.78%