BINHAI INV 02886·

Gross margin 17.66%--11.92%5.75%11.69%0.23%10.09%1.60%9.27%0.82% Net margin 8.47%--5.45%3.01%4.11%1.34%3.33%0.78%3.78%0.45% ROE 17.74%--14.67%3.07%11.51%3.16%8.84%2.67%9.47%0.63% ROA 5.01%--3.88%1.13%3.06%0.83%2.66%0.40%2.87%0.21% Revenue growth ----37.67%--6.50%31.17%-0.02%6.52%-3.42%3.40% Attributable profit growth -----10.93%---20.10%9.18%-20.54%0.43%11.56%32.09% Debt-to-assets 71.60%--73.33%1.73%73.12%0.21%70.27%2.85%69.69%0.57% Current ratio 0.50--0.510.010.460.050.370.090.280.09 Operating cash flow / net profit 1.19--1.050.133.162.112.780.382.850.07 Operating cash flow / revenue 10.04%--5.74%4.30%12.99%7.25%9.27%3.72%10.76%1.49%

Gross margin 10.58%--10.08%0.50% Net margin 6.02%--6.25%0.23% Revenue growth ----8.13%-- Attributable profit growth ----12.47%-- Debt-to-assets ----68.74%-- Current ratio ----0.34-- Operating cash flow / net profit 0.22--0.090.14 Operating cash flow / revenue 1.34%--0.54%0.80%

Revenue 3.96B--5.45B37.67%5.81B6.50%5.80B0.02%5.61B3.42% Other income and gains 24.11M--56.60M134.72%127.49M125.26%94.65M25.76%69.03M27.06% Gross profit 699.41M--649.69M7.11%678.74M4.47%585.70M13.71%519.53M11.30% Administrative expenses 250.12M--281.22M12.44%198.11M29.56%199.23M0.57%200.88M0.83% Net finance costs 85.54M--104.42M22.07%147.72M41.47%128.17M13.24%75.18M41.34% Income tax 69.71M--49.71M28.69%82.72M66.40%93.52M13.06%89.88M3.89% Operating profit 480.48M--435.90M9.28%453.41M4.02%385.22M15.04%358.57M6.92% Share of associates and JVs 6.95M--6.24M10.16%9.76M56.39%13.51M38.41%15.66M15.97% Profit before tax 404.95M--346.95M14.32%321.43M7.35%287.08M10.69%301.85M5.14% Net profit 335.24M--297.24M11.33%238.72M19.69%193.56M18.92%211.97M9.51% Net profit attributable to owners 326.76M--291.06M10.93%232.55M20.10%184.79M20.54%206.15M11.56%

Revenue 2.72B--2.94B8.13% Other income and gains 12.07M--57.19M373.76% Cost of sales 2.43B--2.64B8.74% Gross profit 287.57M--296.19M3.00% Administrative expenses 83.56M--90.22M7.98% Net finance costs 40.27M--30.90M23.26% Income tax 42.00M--50.36M19.91% Operating profit 239.07M--258.95M8.32% Share of associates and JVs 6.91M--6.05M12.43% Profit before tax 205.70M--234.10M13.80% Net profit 163.71M--183.74M12.24% Net profit attributable to owners 160.28M--180.27M12.47%

Cash and cash equivalents 606.81M--755.04M24.43%734.97M2.66%361.27M50.85%163.27M54.81% Trade and bills receivables 267.98M--300.62M12.18%316.71M5.35%286.54M9.53%223.91M21.86% Inventories 117.99M--124.03M5.12%98.07M20.93%91.50M6.70%99.62M8.88% Total current assets 1.39B--1.73B24.36%1.71B1.39%1.05B38.14%882.15M16.37% Total assets 6.69B--7.66B14.48%7.81B2.03%7.29B6.67%7.40B1.44% Total current liabilities 2.78B--3.38B21.74%3.69B9.16%2.84B23.04%3.19B12.33% Total liabilities 4.79B--5.61B17.24%5.71B1.74%5.12B10.31%5.15B0.61% Equity attributable to owners 1.84B--1.98B7.73%2.02B1.84%2.09B3.44%2.18B4.15% Total equity 1.90B--2.04B7.52%2.10B2.84%2.17B3.21%2.24B3.40%

Cash and cash equivalents ----147.35M-- Trade and bills receivables ----256.04M-- Inventories ----103.78M-- Total current assets ----829.03M-- Total assets ----7.42B-- Total current liabilities ----2.41B-- Total liabilities ----5.10B-- Equity attributable to owners ----2.25B-- Total equity ----2.32B--

Net cash from operating activities 397.48M--312.87M21.29%754.32M141.10%538.11M28.66%603.33M12.12% Net cash from investing activities -501.51M---716.78M42.93%-531.82M25.80%-207.84M60.92%-394.27M89.69% Net cash from financing activities 363.69M--551.27M51.58%-228.87M141.52%-703.96M207.58%-407.06M42.17% Net change in cash 259.66M--147.36M43.25%-6.36M104.32%-373.69M5772.48%-198.00M47.02%

Net cash from operating activities 36.33M--15.74M56.67% Net cash from investing activities -179.73M---217.90M21.24% Net cash from financing activities 79.94M--186.23M132.95% Net change in cash -63.45M---15.92M74.91%