ZHI SHENG GP 08370·

Gross margin --------------------7.15%--3.08%4.07%9.77%--6.41%3.35%21.70%15.28%---- Net margin ---------------------32.70%---45.46%12.76%-71.46%---67.70%3.76%-21.19%46.51%---- ROE ---------------------15.65%-------167.26%---194.32%27.06%-37.67%156.65%---- ROA ---------------------10.16%-------45.49%---43.64%1.85%-11.41%32.23%---- Revenue growth ------------------------80.90%-------48.14%--20.82%68.97%---- Attributable profit growth -------------------------151.48%------51.43%--64.89%13.46%---- Debt-to-assets ----------------11.71%--35.08%23.37%----72.80%--77.19%4.39%72.71%4.49%---- Current ratio ----------------7.70--2.065.65----1.14--1.140.011.230.09---- Operating cash flow / net profit --------------------0.32---0.931.250.07---0.180.260.450.63---- Operating cash flow / revenue ---------------------10.45%--42.43%52.89%-5.31%--12.41%17.73%-9.51%21.92%----

Revenue --------------------82.42M--149.10M80.90%110.83M--57.48M48.14%69.44M20.82%---- Other income and gains --------------------3.81M--8.08M112.29%5.04M-------------- Gross profit --------------------5.89M--4.59M22.10%10.82M--3.69M65.96%15.07M308.87%---- Selling and distribution expenses --------------------8.68M--11.96M37.93%6.42M--6.63M3.29%7.28M9.88%---- Administrative expenses --------------------21.73M--51.28M136.01%20.25M--19.18M5.26%15.71M18.11%---- Net finance costs --------------------4.58M--8.88M93.95%9.88M--7.39M25.15%2.25M69.60%---- Income tax --------------------703.00K--2.43M245.09%4.17M--55.00K98.68%50.00K9.09%---- Operating profit ---------------------23.08M---61.33M165.74%-73.48M---31.46M57.19%-12.41M60.54%---- Profit before tax ---------------------27.66M---70.21M153.86%-83.36M---38.86M53.39%-14.66M62.27%---- Net profit ---------------------26.95M---67.78M151.48%-79.20M---38.91M50.87%-14.71M62.19%---- Net profit attributable to owners ---------------------26.95M---67.78M151.48%-79.20M---38.47M51.43%-13.51M64.89%----

Cash and cash equivalents ----------------49.08M--64.55M31.53%----33.76M--22.08M34.61%42.17M91.03%---- Trade and bills receivables ----------------44.92M--58.82M30.95%----39.30M--18.07M54.02%21.61M19.55%---- Inventories ----------------21.61M--15.67M27.50%----10.34M--13.98M35.27%6.81M51.30%---- Total current assets ----------------123.15M--141.71M15.06%----144.99M--54.81M62.20%70.99M29.53%---- Total assets ----------------190.72M--265.30M39.11%----174.08M--89.16M48.78%128.94M44.61%---- Total current liabilities ----------------15.99M--68.90M330.90%----126.73M--48.29M61.90%57.84M19.79%---- Total liabilities ----------------22.34M--93.07M316.62%----126.73M--68.83M45.69%93.75M36.21%---- Equity attributable to owners ----------------168.38M--172.22M2.28%----47.35M--19.80M58.19%35.86M81.13%---- Total equity ----------------168.38M--172.22M2.28%----47.35M--20.34M57.05%35.19M73.07%----

Net cash from operating activities ---------------------8.62M--63.27M834.27%-5.89M--7.13M221.14%-6.60M192.53%---- Net cash from investing activities --------------------11.98M---100.01M934.78%16.00M--51.50M221.82%-215.00K100.42%---- Net cash from financing activities --------------------13.31M--46.10M246.39%-6.18M---75.88M1127.09%27.47M136.20%---- Net change in cash --------------------16.67M--9.36M43.85%3.93M---17.25M539.07%20.65M219.71%----