Ningbo Huaxiang Electronic Co., Ltd. Financial Data

Consolidated

Consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Current assets 9,084.41 6,827.73 5,375.98
Non-current assets 7,120.11 6,692.08 5,152.64
Total assets 16,204.53 13,519.81 10,528.62
Current liabilities 6,410.30 6,167.28 4,043.70
Non-current liabilities 895.71 1,240.71 804.68
Total liabilities 7,306.01 7,407.99 4,848.39
Capital 626.23 530.05 530.05
Capital reserves 2,696.69 782.01 657.84
Profit reserves 313.63 286.97 198.66
Backlog profits 3,447.53 2,755.45 2,182.88
Minority shareholder equity 1,080.55 935.55 1,037.79
Total shareholders' equity 8,898.51 6,111.82 5,680.24
Liabilities and shareholders' equity 16,204.53 13,519.81 10,528.62

Consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Sales 14,806.61 12,505.96 9,809.93
Operating income 1,443.18 1,236.61 589.06
Ordinary income 1,432.83 1,333.29 633.17
Net profit 1,165.21 1,097.08 416.47

Consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Cash flows from operating activities 1,403.54 1,432.90 600.22
Cash flows from investment activities (1,390.25) (1,077.69) (681.18)
Cash flows from financing activities 1,999.51 (450.29) 414.24
Gains (losses) from exchange-rate translation (22.05) 8.41 (6.58)
Increases (decreases) in cash and cash equivalents 1,990.74 (86.68) 326.69
Cash and cash equivalent at the beginning of the term 1,176.46 1,263.14 936.45
Cash and cash equivalent at the term-end 3,167.20 1,176.46 1,263.14

Non-Consolidated

Non-consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Current assets 4,038.49 1,491.43 1,149.63
Non-current assets 6,178.59 6,179.27 4,246.89
Total assets 10,217.08 7,670.70 5,396.51
Current liabilities 2,781.91 2,744.09 1,218.29
Non-current liabilities 280.38 515.97 367.64
Total liabilities 3,062.30 3,260.06 1,585.93
Capital 626.23 530.05 530.05
Capital reserve 2,618.50 703.82 703.82
Profit reserve 313.38 286.72 198.41
Backlog profit 2,776.53 2,017.14 1,275.37
Total shareholders' equity 7,154.79 4,410.64 3,810.58
Liabilities and shareholders' equity 10,217.08 7,670.70 5,396.51

Non-consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Sales 2,470.95 2,317.96 2,155.92
Operating Income 865.85 850.91 158.23
Ordinary Income 864.41 882.28 169.28
Net Profit 865.56 883.09 170.14

Non-consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2017 FY ended Dec. 31, 2016 FY ended Dec. 31, 2015
Cash Flows from operating activities 162.98 211.65 (54.93)
Cash Flows from investment activities (281.71) (1,331.97) 8.30
Cash Flows from financing activities 2,041.83 979.54 (77.01)
Gains (losses) from exchange-rate translation 2.58 (0.28) -
Increases (decreases) in cash and cash equivalents 1,925.67 (141.06) (123.63)
Cash and cash equivalent at the beginning of the term 196.31 337.37 461.00
Cash and cash equivalent at the term-end 2,121.98 196.31 337.37

Note
- Source : Financial statements published by the company
- Fiscal years ending on Dec.31