Weifu High-Technology Co., Ltd. Financial Data

Consolidated

Consolidated Balance Sheet

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 11,934.12 12,050.55 9,920.32
Non-current assets 8,957.92 8,180.45 7,343.45
Total assets 20,892.04 20,231.01 17,263.77
Current liabilities 3,872.29 4,299.74 3,149.54
Non-current liabilities 567.78 579.90 715.80
Total liabilities 4,440.07 4,879.64 3,865.34
Capital  1,008.95 1,008.95 1,008.95
Capital reserves 3,416.02 3,417.84 3,417.84
Profit reserves 510.10 510.10 510.10
Backlog profit 10,996.95 9,811.61 7,845.64
Minor shareholders' equity 538.14 515.69 471.09
Total shareholders' equity 16,451.97 15,351.37 13,398.43
Liabilities and shareholder's equity 20,892.04 20,231.01 17,263.77

Consolidated Profit and Loss Statement

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 8,721.67 9,017.28 6,422.70
Operating income 2,610.90 2,824.22 1,776.96
Ordinary income 2,602.18 2,830.42 1,818.55
Net income 2,466.29 2,647.21 1,726.00

Consolidated Cash Flow

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash flows from operating activities 874.38 957.70 527.34
Cash flows from investment activities (206.43) (1,250.29) 965.49
Cash flows from financial activities (1,214.85) (544.60) (738.67)
Gains (losses) from exchange-rate translation 3.13 (9.59) 0.75
Increases or decreases in cash and cash equivalents (543.77) (846.78) 754.91
Cash and cash equivalent at the beginning of the term 2,948.44 3,795.22 3,040.32
Cash and cash equivalent at the end of the term 2,404.67 2,948.44 3,795.22

Non-Consolidated

Unconsolidated Balance Sheet

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 8,253.54 8,361.13 5,201.37
Non-current assets 8,044.52 7,463.49 7,005.78
Total assets 16,298.06 15,824.62 12,207.14
Current liabilities 1,524.42 1,930.26 1,009.84
Non-current liabilities 445.57 439.12 559.47
Total liabilities 1,969.99 2,369.38 1,569.32
Capital  1,008.95 1,008.95 1,008.95
Capital reserves 3,488.22 3,488.22 3,448.41
Profit reserves 510.10 510.10 510.10
Backlog profit 9,340.61 8,360.80 5,525.64
Total shareholders' equity 14,328.07 13,455.24 10,637.83
Liabilities and shareholder's equity 16,298.06 15,824.62 12,207.14

Unconsolidated Profit and Loss Statement

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 3,998.19 3,646.02 2,036.80
Operating income 2,305.29 3,096.10 1,329.74
Ordinary income 2,298.23 3,097.54 1,364.31
Net income 2,190.55 3,001.27 1,322.66

Unconsolidated Cash Flow

(in million yuan)

FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash flows from operating activities 623.05 836.43 262.64
Cash flows from investment activities 24.08 92.76 800.19
Cash flows from financial activities (1,184.31) (609.28) (654.73)
Gains (losses) from exchange-rate translation 2.56 (8.59) 0.75
Increases or decreases in cash and cash equivalents (534.62) 311.32 408.85
Cash and cash equivalent at the beginning of the term 2,454.70 2,143.38 1,734.53
Cash and cash equivalent at the end of the term 1,920.08 2,454.70 2,143.38

Source : The Company's annual reports (data based on Chinese accounting standards)