BAIRONG AI-W 06608·

Gross margin 73.59%--72.10%1.48%72.91%0.80%73.11%0.21%71.98%1.14% Net margin -222.00%--11.16%233.16%12.51%1.34%9.08%3.42%2.53%6.55% ROE -87.26%--5.58%92.84%7.67%2.09%5.89%1.78%1.45%4.44% ROA -73.96%--4.35%78.31%6.09%1.74%4.68%1.41%1.38%3.30% Revenue growth ----26.53%--30.51%3.98%9.26%21.25%-0.31%9.57% Attributable profit growth ----106.65%--42.06%64.59%-21.82%63.88%-74.86%53.05% Debt-to-assets 14.75%--18.17%3.42%19.20%1.03%20.35%1.15%13.61%6.74% Current ratio 6.66--2.783.882.980.214.581.605.801.22 Operating cash flow / net profit -0.07--1.321.391.010.311.140.131.240.10 Operating cash flow / revenue 16.33%--14.72%1.61%12.65%2.07%10.34%2.31%3.13%7.21%

Gross margin 73.36%--53.40%19.96% Net margin 12.48%---35.18%47.66% Revenue growth -----43.27%-- Attributable profit growth -----268.30%-- Debt-to-assets ----12.18%-- Current ratio ----5.53-- Operating cash flow / net profit 0.75--1.180.43 Operating cash flow / revenue 9.35%---41.58%50.93%

Revenue 1.62B--2.05B26.53%2.68B30.51%2.93B9.26%2.92B0.31% Other income and gains -2.36M--177.98M7638.37%183.01M2.83%130.90M28.48%113.39M13.37% Gross profit 1.19B--1.48B23.98%1.95B31.96%2.14B9.58%2.10B1.86% Selling and distribution expenses 575.99M--784.64M36.23%1.07B36.75%1.12B4.28%1.14B2.04% Administrative expenses 262.76M--269.98M2.75%259.28M3.96%327.72M26.40%327.79M0.02% Net finance costs 8.61M--12.98M50.77%16.31M25.67%7.00M57.05%6.17M11.92% Income tax 7.39M--718.00K90.28%958.00K33.43%25.41M2552.40%10.44M58.93% Operating profit 101.23M--234.75M131.89%346.89M47.77%285.23M17.77%60.38M78.83% Share of associates and JVs ---------119.00K--8.32M7089.08%-3.39M140.80% Profit before tax -3.60B--228.59M106.36%336.22M47.08%291.44M13.32%63.44M78.23% Net profit -3.60B--229.31M106.36%335.26M46.21%266.03M20.65%73.87M72.23% Net profit attributable to owners -3.60B--239.66M106.65%340.46M42.06%266.18M21.82%66.91M74.86%

Revenue 1.61B--914.32M43.27% Other income and gains 83.75M--112.55M34.39% Cost of sales 429.37M--426.04M0.78% Gross profit 1.18B--488.29M58.70% Selling and distribution expenses 606.28M--361.53M40.37% Administrative expenses 140.21M--123.51M11.91% Net finance costs 3.24M--3.49M7.62% Income tax 174.00K--3.22M1751.72% Operating profit 200.89M---307.62M253.13% Share of associates and JVs -5.20M---9.06M74.32% Profit before tax 201.40M---318.42M258.10% Net profit 201.22M---321.64M259.84% Net profit attributable to owners 190.26M---320.21M268.30%

Cash and cash equivalents 3.35B--888.51M73.45%913.99M2.87%739.23M19.12%725.96M1.79% Trade and bills receivables 250.56M--361.66M44.34%519.25M43.57%611.82M17.83%487.26M20.36% Total current assets 4.23B--2.53B40.16%3.08B21.82%4.86B57.46%3.71B23.49% Total assets 4.87B--5.27B8.09%5.51B4.53%5.68B3.22%5.34B5.96% Total current liabilities 635.49M--911.38M43.41%1.03B13.43%1.06B2.53%640.48M39.57% Total liabilities 718.56M--956.87M33.17%1.06B10.45%1.16B9.41%727.12M37.11% Equity attributable to owners 4.13B--4.30B4.03%4.44B3.35%4.52B1.75%4.61B1.99% Total equity 4.15B--4.31B3.75%4.45B3.21%4.53B1.75%4.62B1.99%

Cash and cash equivalents ----692.69M-- Trade and bills receivables ----432.98M-- Total current assets ----2.84B-- Total assets ----4.79B-- Total current liabilities ----512.87M-- Total liabilities ----583.69M-- Equity attributable to owners ----4.20B-- Total equity ----4.21B--

Net cash from operating activities 265.14M--302.45M14.07%339.16M12.14%302.78M10.73%91.26M69.86% Net cash from investing activities 141.10M---2.56B1916.74%-39.27M98.47%30.12M176.71%12.20M59.50% Net cash from financing activities 3.00B---221.59M107.40%-270.68M22.15%-468.90M73.23%-141.04M69.92% Net change in cash 3.40B---2.48B172.97%29.21M101.18%-136.00M565.51%-37.58M72.37%

Net cash from operating activities 150.74M---380.13M352.18% Net cash from investing activities -37.35M--535.60M1534.08% Net cash from financing activities -53.88M---180.68M235.30% Net change in cash 59.51M---25.21M142.36%