Ningbo Huaxiang Electronic Co., Ltd. Financial Data

Consolidated

Consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Current assets 6,827.73 5,375.98 4,306.61
Non-current assets 6,692.08 5,152.64 4,286.90
Total assets 13,519.81 10,528.62 8,593.51
Current liabilities 6,167.28 4,043.70 2,987.90
Non-current liabilities 1,240.71 804.68 751.90
Total liabilities 7,407.99 4,848.39 3,739.80
Capital 530.05 530.05 530.05
Capital reserves 782.01 657.84 662.59
Profit reserves 286.97 198.66 181.65
Backlog profits 2,755.45 2,182.88 2,092.40
Minority shareholder equity 935.55 1,037.79 558.76
Total shareholders' equity 6,111.82 5,680.24 4,853.71
Liabilities and shareholders' equity 13,519.81 10,528.62 8,593.51

Consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Sales 12,505.96 9,809.93 8,712.81
Operating income 1,254.22 589.06 835.42
Ordinary income 1,333.29 633.17 859.88
Net profit 1,097.08 416.47 721.92

Consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Cash flows from operating activities 1,432.90 600.22 465.30
Cash flows from investment activities (1,077.69) (681.18) (569.77)
Cash flows from financing activities (450.29) 414.24 5.83
Gains (losses) from exchange-rate translation 8.41 (6.58) (5.66)
Increases (decreases) in cash and cash equivalents (86.68) 326.69 (104.30)
Cash and cash equivalent at the beginning of the term 1,263.14 936.45 1,040.75
Cash and cash equivalent at the term-end 1,176.46 1,263.14 936.45

Non-Consolidated

Non-consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Current assets 1,491.43 1,149.63 1,352.34
Non-current assets 6,179.27 4,246.89 3,656.96
Total assets 7,670.70 5,396.51 5,009.30
Current liabilities 2,744.09 1,218.29 1,233.75
Non-current liabilities 515.97 367.64 318.89
Total liabilities 3,260.06 1,585.93 1,552.64
Capital 530.05 530.05 530.05
Capital reserve 703.82 703.82 703.82
Profit reserve 286.72 198.41 181.40
Backlog profit 2,017.14 1,275.37 1,175.25
Total shareholders' equity 4,410.64 3,810.58 3,456.66
Liabilities and shareholders' equity 7,670.70 5,396.51 5,009.30

Non-consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Sales 2,317.96 2,155.92 2,104.98
Operating Income 850.03 158.23 384.67
Ordinary Income 882.28 169.28 385.37
Net Profit 883.09 170.14 382.11

Non-consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Cash Flows from operating activities 211.65 (54.93) 230.15
Cash Flows from investment activities (1,331.97) 8.30 (164.23)
Cash Flows from financing activities 979.54 (77.01) (89.28)
Gains (losses) from exchange-rate translation (0.28) - -
Increases (decreases) in cash and cash equivalents (141.06) (123.63) (23.36)
Cash and cash equivalent at the beginning of the term 337.37 461.00 484.37
Cash and cash equivalent at the term-end 196.31 337.37 461.00

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