BIDU-W 09888·

Gross margin ------------74.58%--79.96%5.39%51.69%28.28%50.35%1.34%43.88%6.46% Net margin 22.08%---2.13%24.21%17.77%19.90%9.41%8.36%10.08%0.68%16.01%5.93%18.16%2.15%4.23%13.93% ROE 16.93%--1.26%15.67%12.30%11.04%4.84%7.46%3.38%1.45%8.34%4.96%9.01%0.67%2.10%6.91% ROA 7.59%---0.76%8.35%5.72%6.48%2.00%3.72%1.93%0.07%5.30%3.37%5.65%0.35%1.21%4.44% Revenue growth ----5.02%---0.32%5.34%-24.64%24.32%-7.42%17.22%80.16%87.57%-1.09%81.25%-3.04%1.94% Attributable profit growth -----92.54%--992.46%1085.00%-54.49%1046.96%-26.08%28.41%168.75%194.83%16.96%151.79%-76.48%93.44% Debt-to-assets 40.94%--42.65%1.71%42.34%0.31%41.07%1.27%39.18%1.89%35.44%3.74%33.70%1.74%35.50%1.79% Current ratio 2.73--2.890.162.680.202.860.182.670.193.010.342.090.931.760.33 Operating cash flow / net profit 1.59---12.4414.031.2713.712.651.383.470.821.701.770.880.82-0.551.43 Operating cash flow / revenue 35.17%--26.49%8.67%22.60%3.89%24.94%2.33%35.03%10.09%27.20%7.83%15.95%11.25%-2.33%18.28%

Net margin 23.14%--10.26%--8.67%14.46% Revenue growth ---------2.71%-- Attributable profit growth ---------61.67%-- Debt-to-assets --------37.20%-- Current ratio --------2.33-- Operating cash flow / net profit -0.06--0.81--0.620.68 Operating cash flow / revenue -1.35%--8.32%--5.42%6.77%

Revenue 102.28B--107.41B5.02%107.07B0.32%80.69B24.64%74.71B7.42%134.60B80.16%133.12B1.09%129.08B3.04% Other income and gains 11.79B---6.65B156.35%8.75B231.64%-------------------- Cost of sales 51.74B--62.85B21.46%55.16B12.24%-------------------- Gross profit ------------60.18B--59.74B0.73%69.57B16.45%67.02B3.66%56.64B15.49% Selling and distribution expenses ------------24.72B--20.51B17.02%23.52B14.65%23.62B0.43%25.84B9.41% Net finance costs 1.88B--2.96B57.20%3.10B4.83%3.42B10.25%2.91B14.85%3.25B11.50%2.82B13.05%2.78B1.42% Income tax 4.74B--1.95B58.93%4.06B108.62%3.19B21.58%2.58B19.11%3.65B41.54%4.45B21.87%1.26B71.69% Operating profit 15.53B--6.31B59.39%14.34B127.37%10.52B26.65%15.91B51.27%21.86B37.36%21.27B2.68%-5.82B127.38% Share of associates and JVs -79.00M---1.25B1487.34%-2.25B79.27%-------------------- Profit before tax 27.32B---340.00M101.24%23.09B6891.18%10.78B53.32%10.11B6.18%25.20B149.19%28.62B13.59%6.72B76.54% Net profit 22.58B---2.29B110.13%19.03B931.56%7.59B60.10%7.53B0.75%21.55B186.02%24.18B12.19%5.46B77.43% Net profit attributable to owners 27.57B--2.06B92.54%22.47B992.46%10.23B54.49%7.56B26.08%20.32B168.75%23.76B16.96%5.59B76.48%

Revenue 65.17B--32.08B--63.40B2.71% Other income and gains 9.35B--626.00M--810.00M91.34% Cost of sales 35.84B--19.59B--38.69B7.93% Selling and distribution expenses 11.87B--4.91B--9.51B19.92% Administrative expenses 9.66B--4.38B--8.99B6.99% Income tax 2.06B--528.00M--1.53B25.75% Operating profit 7.79B--3.19B--6.22B20.14% Profit before tax 17.14B--3.82B--7.03B58.99% Net profit 15.08B--3.29B--5.50B63.53% Net profit attributable to owners 15.04B--3.44B--5.76B61.67%

Cash and cash equivalents 27.64B--33.44B21.00%35.78B6.99%36.85B2.98%53.16B44.25%25.23B52.53%24.83B1.58%24.61B0.91% Trade and bills receivables 6.01B--7.42B23.29%8.67B16.88%9.98B15.15%11.73B17.55%10.85B7.54%10.10B6.86%12.97B28.38% Total current assets 155.09B--165.56B6.75%183.34B10.74%213.31B16.35%212.85B0.22%230.25B8.18%168.85B26.67%151.97B10.00% Total assets 297.57B--301.32B1.26%332.71B10.42%380.03B14.22%390.97B2.88%406.76B4.04%427.78B5.17%449.16B5.00% Total current liabilities 56.85B--57.38B0.93%68.39B19.18%74.49B8.92%79.63B6.90%76.45B3.99%80.95B5.89%86.33B6.64% Total liabilities 121.81B--128.50B5.49%140.87B9.62%156.08B10.80%153.17B1.87%144.15B5.89%144.17B0.01%159.43B10.59% Equity attributable to owners 162.90B--163.60B0.43%182.70B11.67%211.46B15.74%223.48B5.68%243.63B9.02%263.62B8.21%266.33B1.03% Total equity 175.04B--171.71B1.90%188.74B9.92%223.95B18.66%237.81B6.19%262.61B10.43%283.61B8.00%289.73B2.16%

Cash and cash equivalents --------24.52B-- Trade and bills receivables --------13.49B-- Total current assets --------207.36B-- Total assets --------469.93B-- Total current liabilities --------89.12B-- Total liabilities --------174.84B-- Equity attributable to owners --------271.75B-- Total equity --------281.41B--

Net cash from operating activities 35.97B--28.46B20.88%24.20B14.96%20.12B16.85%26.17B30.06%36.62B39.91%21.23B42.01%-3.01B114.19% Net cash from investing activities -34.46B---19.97B42.04%-27.55B37.94%-31.44B14.13%-3.94B87.46%-50.40B1177.81%-8.55B83.02%-25.14B193.82% Net cash from financing activities 15.08B---3.87B125.68%5.67B246.27%23.40B312.99%-6.39B127.31%-14.16B121.63%-13.76B2.85%17.14B224.59% Net change in cash 18.49B--4.61B75.06%2.10B54.44%11.13B429.80%17.57B57.80%-27.66B257.48%-985.00M96.44%-11.76B1093.71%

Net cash from operating activities -877.00M--2.67B--3.44B491.79% Net cash from investing activities -8.54B--4.94B---26.46B209.83% Net cash from financing activities -9.15B---1.64B--17.41B290.16% Net change in cash -18.81B--5.70B---5.84B68.96%