XINYI ENERGY 03868·

Gross margin 73.12%--70.58%2.54%67.89%2.70%65.55%2.34%61.80%3.75% Net margin 53.77%--42.07%11.70%39.45%2.61%32.43%7.02%41.15%8.72% ROE 9.82%--8.27%1.55%7.41%0.85%6.32%1.09%7.63%1.31% ROA 5.82%--4.88%0.94%4.67%0.21%3.65%1.02%4.50%0.85% Revenue growth ----10.14%--10.28%0.14%7.00%3.28%0.53%6.47% Attributable profit growth -----13.87%--3.52%17.39%-11.96%15.48%27.80%39.76% Debt-to-assets 40.76%--41.01%0.25%37.03%3.98%42.29%5.26%40.94%1.35% Current ratio 1.30--1.020.291.190.171.550.361.950.39 Operating cash flow / net profit 0.99--2.981.980.752.231.210.461.640.43 Operating cash flow / revenue 53.34%--125.23%71.89%29.62%95.61%39.18%9.57%67.30%28.12%

Gross margin 61.76%--51.74%10.02% Net margin 37.17%--30.41%6.76% Revenue growth -----13.10%-- Attributable profit growth -----28.86%-- Debt-to-assets ----39.79%-- Current ratio ----1.83-- Operating cash flow / net profit 0.69--1.340.66 Operating cash flow / revenue 25.53%--40.84%15.31%

Revenue 1.88B--2.07B10.14%2.28B10.28%2.44B7.00%2.45B0.53% Other income and gains 19.00M--26.09M37.27%11.76M54.91%22.91M94.76%39.50M72.41% Gross profit 1.37B--1.46B6.32%1.55B6.07%1.60B3.32%1.52B5.23% Administrative expenses 44.59M--64.03M43.61%51.04M20.28%48.53M4.92%61.19M26.07% Net finance costs 153.85M--241.49M56.97%328.39M35.98%364.77M11.08%277.48M23.93% Income tax 181.17M--266.42M47.06%275.23M3.31%376.22M36.69%301.88M19.76% Operating profit 1.33B--1.38B3.56%1.50B8.78%1.53B2.18%1.59B3.65% Profit before tax 1.19B--1.14B4.56%1.18B3.40%1.17B0.63%1.31B12.31% Net profit 1.01B--870.02M13.82%899.85M3.43%791.50M12.04%1.01B27.56% Net profit attributable to owners 1.01B--867.77M13.87%898.29M3.52%790.85M11.96%1.01B27.80%

Revenue 1.21B--1.05B13.10% Other income and gains 13.51M--8.05M40.44% Cost of sales 462.81M--507.59M9.67% Gross profit 747.42M--544.11M27.20% Administrative expenses 31.93M--47.69M49.38% Net finance costs 147.54M--115.91M21.44% Income tax 135.32M--97.32M28.08% Operating profit 731.30M--504.32M31.04% Share of associates and JVs -421.00K--26.39M6369.12% Profit before tax 585.16M--417.11M28.72% Net profit 449.84M--319.79M28.91% Net profit attributable to owners 449.84M--320.04M28.86%

Cash and cash equivalents 903.33M--1.60B77.08%587.93M63.25%354.24M39.75%950.64M168.36% Trade and bills receivables 4.11B--3.04B25.99%3.93B29.14%4.58B16.52%4.49B1.86% Inventories ----------------0-- Total current assets 5.02B--4.64B7.46%4.53B2.46%4.94B9.06%5.61B13.53% Total assets 17.33B--17.81B2.75%19.26B8.15%21.67B12.49%22.42B3.45% Total current liabilities 3.85B--4.55B18.41%3.80B16.47%3.18B16.47%2.88B9.26% Total liabilities 7.07B--7.30B3.39%7.13B2.34%9.16B28.46%9.18B0.15% Equity attributable to owners 10.26B--10.50B2.30%12.12B15.44%12.50B3.17%13.24B5.87% Total equity 10.27B--10.51B2.31%12.13B15.45%12.50B3.09%13.24B5.87%

Cash and cash equivalents ----779.96M-- Trade and bills receivables ----4.74B-- Inventories ----8.88M-- Total current assets ----5.58B-- Total assets ----22.07B-- Total current liabilities ----3.04B-- Total liabilities ----8.78B-- Equity attributable to owners ----13.29B-- Total equity ----13.29B--

Net cash from operating activities 1.00B--2.59B158.58%675.53M73.92%956.24M41.55%1.65B72.66% Net cash from investing activities -2.54B---1.37B46.22%-2.35B71.89%-2.30B2.29%-655.38M71.46% Net cash from financing activities 1.35B---514.84M138.19%658.53M227.91%1.10B67.78%-398.38M136.06% Net change in cash -192.04M--708.06M468.72%-1.02B243.46%-234.84M76.88%597.28M354.33%

Net cash from operating activities 309.00M--429.53M39.01% Net cash from investing activities -186.78M---3.30M98.23% Net cash from financing activities -100.96M---597.71M492.03% Net change in cash 21.26M---171.48M906.56%