SHENGLONG INTL 08481·

Gross margin ----------------------------19.07%--22.72%3.64%28.88%6.16%32.50%3.62%37.31%4.81% Net margin ----------------------------2.75%--2.69%0.06%5.25%2.56%8.11%2.87%12.95%4.84% ROE 20.55%--7.83%12.71%23.01%15.17%----------------6.31%--5.31%1.00%11.10%5.79%17.04%5.94%23.04%6.00% ROA 3.77%--1.57%2.20%6.22%4.65%----------------2.29%--2.08%0.21%4.09%2.01%5.43%1.35%6.61%1.18% Revenue growth ---------------------------------9.33%--20.44%29.77%8.34%12.10%0.01%8.33% Attributable profit growth -----58.82%--289.75%348.57%---------------------11.31%--135.14%146.45%67.58%67.56%59.64%7.94% Debt-to-assets 78.52%--75.82%2.70%72.96%2.87%----------------63.74%--60.90%2.84%63.18%2.28%68.13%4.95%71.30%3.17% Current ratio 0.71--0.750.030.810.07----------------0.67--0.980.321.280.291.130.151.220.10 Operating cash flow / net profit 0.95--2.952.011.671.28----------------2.27---0.833.092.573.401.211.370.720.49 Operating cash flow / revenue ----------------------------6.23%---2.22%8.45%13.50%15.72%9.80%3.70%9.35%0.45%

Gross margin 36.86%--30.56%6.29% Net margin 7.38%---4.52%11.90% Revenue growth -----14.04%-- Attributable profit growth -----152.71%-- Debt-to-assets ----73.48%-- Current ratio ----0.96-- Operating cash flow / net profit -0.49--7.578.06 Operating cash flow / revenue -3.60%---34.22%30.62%

Revenue ----------------------------494.96M--448.80M9.33%540.54M20.44%585.65M8.34%585.74M0.01% Other income and gains ----------------------------1.83M--8.58M368.34%8.13M5.24%9.05M11.29%5.68M37.23% Gross profit ----------------------------94.41M--101.95M7.99%156.09M53.11%190.35M21.94%218.53M14.81% Selling and distribution expenses ----------------------------34.20M--38.06M11.30%46.23M21.47%46.20M0.06%37.78M18.23% Administrative expenses ----------------------------39.72M--49.75M25.26%74.28M49.31%82.60M11.20%91.35M10.60% Net finance costs ----------------------------7.48M--9.95M33.07%10.52M5.66%13.40M27.43%10.23M23.65% Income tax ----------------------------1.06M--96.00K90.95%4.60M4688.54%7.75M68.50%11.12M43.52% Operating profit ----------------------------22.14M--21.80M1.50%43.25M98.36%67.94M57.08%96.82M42.50% Profit before tax ----------------------------14.66M--12.15M17.08%32.95M171.10%55.26M67.71%86.97M57.38% Net profit 12.92M--5.32M58.82%20.73M289.75%----------------13.60M--12.06M11.31%28.35M135.14%47.51M67.58%75.85M59.64% Net profit attributable to owners ----------------------------13.60M--12.06M11.31%28.35M135.14%47.51M67.58%75.85M59.64%

Revenue 270.56M--232.57M14.04% Other income and gains 76.00K--323.00K325.00% Cost of sales 170.85M--161.49M5.48% Gross profit 99.72M--71.08M28.72% Selling and distribution expenses 22.47M--22.42M0.26% Administrative expenses 48.79M--50.34M3.19% Net finance costs 5.30M--8.09M52.76% Income tax 3.28M--1.07M67.37% Operating profit 28.53M---1.35M104.75% Profit before tax 23.23M---9.45M140.66% Net profit 19.95M---10.52M152.71% Net profit attributable to owners 19.95M---10.52M152.71%

Cash and cash equivalents 5.78M--9.12M57.80%11.34M24.33%----------------13.08M--10.28M21.41%77.35M652.34%55.62M28.09%145.10M160.87% Trade and bills receivables 85.85M--73.15M14.80%67.54M7.67%----------------120.44M--152.39M26.53%190.46M24.98%226.93M19.15%221.92M2.21% Inventories 35.87M--31.26M12.85%37.55M20.15%----------------40.76M--27.60M32.29%28.29M2.50%31.58M11.65%31.41M0.54% Total current assets 162.23M--152.66M5.89%154.26M1.04%----------------217.78M--190.27M12.63%303.19M59.35%324.44M7.01%398.43M22.81% Total assets 342.31M--338.51M1.11%333.23M1.56%----------------593.95M--580.96M2.19%694.07M19.47%874.92M26.06%1.15B31.10% Total current liabilities 227.18M--204.77M9.86%189.32M7.55%----------------326.30M--193.34M40.75%237.08M22.63%287.94M21.45%325.58M13.07% Total liabilities 268.80M--256.67M4.51%243.11M5.28%----------------378.56M--353.80M6.54%438.53M23.95%596.09M35.93%817.89M37.21% Equity attributable to owners 62.87M--67.89M8.00%90.11M32.73%----------------215.39M--227.16M5.46%255.54M12.49%278.83M9.12%329.16M18.05% Total equity 73.52M--81.84M11.32%90.11M10.11%----------------215.39M--227.16M5.46%255.54M12.49%278.83M9.12%329.16M18.05%

Cash and cash equivalents ----100.06M-- Trade and bills receivables ----236.57M-- Inventories ----41.79M-- Total current assets ----380.07M-- Total assets ----1.19B-- Total current liabilities ----397.88M-- Total liabilities ----874.11M-- Equity attributable to owners ----315.41M-- Total equity ----315.41M--

Net cash from operating activities 12.23M--15.71M28.50%34.65M120.58%----------------30.83M---9.97M132.34%72.95M831.58%57.40M21.32%54.74M4.63% Net cash from investing activities -27.45M--3.64M113.28%2.04M43.99%-----------------75.98M---9.74M87.18%-29.82M206.15%-173.21M480.80%-94.29M45.56% Net cash from financing activities 17.64M---16.04M190.94%-34.66M116.11%----------------43.24M--16.87M60.98%24.19M43.38%94.21M289.47%129.74M37.72% Net change in cash 2.41M--3.32M37.52%2.04M38.59%-----------------1.91M---2.84M48.61%67.32M2467.92%-21.60M132.09%90.19M517.55%

Net cash from operating activities -9.74M---79.59M716.98% Net cash from investing activities -75.58M---39.12M48.25% Net cash from financing activities 69.68M--73.12M4.95% Net change in cash -15.65M---45.58M191.32%