Fengfan Co., Ltd. Financial Data

Consolidated

Consolidated Balance Sheet (B/S)

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Current assets 32,827.98 32,977.03 20,343.73
Illiquid assets 11,362.54 11,083.61 8,449.19
Total assets 44,190.52 44,060.64 28,792.92
Current liabilities 12,710.35 13,594.78 11,610.44
Illiquid debts 3,284.36 3,327.92 5,034.54
Total liabilities 15,994.71 16,922.70 16,644.99
Capital 1,734.07 1,739.19 536.50
Capital reserve 19,185.34 19,373.86 7,292.49
Profit reserve 236.22 176.70 121.99
Backlog profit 4,874.59 4,114.36 3,095.82
Minority stock holders' equity 2,118.15 1,698.37 1,114.33
Total stockholders' equity 28,195.81 27,137.93 12,147.94
Total Liabilities and shareholders' equity 44,190.52 44,060.64 28,792.92

Consolidated Profit and Loss Statement

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Sales 23,147.10 22,305.28 17,951.90
Operating profit 1,463.92 1,167.01 1,068.66
Gross profit 1,549.65 1,284.66 1,202.89
Net profit 1,282.77 1,041.77 1,018.43

Consolidated Cash Flow

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Cash flows from operating activities (437.35) 540.61 326.49
Cash flows from investing activities (1,758.24) (399.57) (861.13)
Cash flows from financing activities (421.78) 11,180.90 606.65
Gains (losses) from exchange-rate translation (18.51) 16.23 12.18
Increases (decreases) in cash and cash equivalents (2,635.89) 11,338.16 84.19
Cash and cash equivalent at the beginning of the term 17,104.32 5,766.16 4,987.76
Cash and cash equivalents at the term-end 14,468.44 17,104.32 5,071.95

Non-Consolidated

Unconsolidated balance sheet(B/S)

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Current assets 12,304.85 12,494.81 2,459.80
Illiquid assets 12,875.23 12,483.60 2,105.10
Total Assets 25,180.08 24,978.41 4,564.90
Current liabilities 55.51 39.61 910.52
Illiquid debts - - 1,215.64
Total liabilities 55.51 39.61 2,126.15
Capital  1,734.07 1,739.19 536.50
Capital reserve 22,006.22 22,053.83 1,303.53
Profit reserve 236.22 176.70 121.99
Backlog profit 1,148.06 994.38 502.01
Total stockholders' equity 25,124.57 24,938.81 2,438.74
Total Liabilities and shareholders' equity 25,180.08 24,978.41 4,564.90

Unconsolidated profit and loss statement

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Sales 0.17 38.57 6,023.50
Operating profit 633.47 568.56 259.05
Gross profit 633.65 568.56 267.09
Net profit 595.19 547.08 224.46

Unconsolidated cash flow

(in million yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Cash flows from operating activities (787.05) (59.52) 789.34
Cash flows from investing activities (1,334.48) (3,762.81) (365.61)
Cash flows from financing activities (373.66) 13,380.07 (360.99)
Gains (losses) from exchange-rate translation - - 0.98
Increases (decreases) in cash and cash equivalents (2,495.19) 9,557.75 63.72
Cash and cash equivalent at the beginning of the term 10,132.68 574.93 511.21
Cash and cash equivalents at the term-end 7,637.49 10,132.68 574.93

Source : The Company's annual reports (data based on Chinese accounting standards)
             Fiscal years ending in Dec.