Hunan Corun New Energy Co., Ltd. Financial Data

Consolidated

Consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 2,196.01 2,810.34 2,176.54
Non-current assets 4,153.00 3,928.09 3,051.13
Total assets 6,349.01 6,738.43 5,227.67
Current liabilities 1,432.00 1,874.91 1,542.90
Non-current liabilities 1,461.10 1,424.13 1,467.37
Total liabilities 2,893.10 3,299.04 3,010.27
Capital 1,469.69 1,469.69 1,391.07
Capital reserves 813.05 813.05 138.05
Profit reserves 29.99 29.99 29.99
Backlog profits (158.57) (180.29) (202.31)
Minority shareholder equity 1,357.92 1,361.17 910.27
Total shareholders' equity 3,455.91 3,439.39 2,217.40
Liabilities and shareholders' equity 6,349.01 6,738.43 5,227.67

Consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 1,892.63 1.565.06 1,700.16
Operating income (22.10) (138.10) (269.77)
Ordinary income 17.40 28.43 (247.09)
Net profit 5.32 40.98 (252.17)

Consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash flows from operating activities (50.72) 26.19 (192.63)
Cash flows from investment activities (373.30) (816.04) (336.90)
Cash flows from financing activities (99.58) 1,580.34 739.99
Gains (losses) from exchange-rate translation 2.05 4.03 1.94
Increases (decreases) in cash and cash equivalents (521.55) 794.53 212.39
Cash and cash equivalent at the beginning of the term 1,468.93 674.40 462.01
Cash and cash equivalent at the term-end 947.39 1,468.93 674.40

Non-Consolidated

Non-consolidated Balance Sheet

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Current assets 731.91 1,191.76 921.01
Non-current assets 2,852.58 2.668.12 1,998.86
Total assets 3,584.49 3,859.88 2,919.87
Current liabilities 1,114.10 1,335.96 1,107.71
Non-current liabilities 380.00 390.00 337.00
Total liabilities 1,494.10 1,725.96 1,444.71
Capital 1,469.69 1,469.69 1,391.07
Capital reserve 788.83 788.83 135.62
Profit reserve 29.79 29.79 29.79
Backlog profit (186.20) (154.38) (81.33)
Total shareholders' equity 2,090.38 2,133.93 1,475.15
Liabilities and shareholders' equity 3,584.49 3,859.88 2,919.87

Non-consolidated Profit and Loss Statement

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Sales 498.45 484.52 887.55
Operating Income (32.64) (73.34) (72.72)
Ordinary Income (32.53) (73.22) (71.83)
Net Profit (31.82) (73.05) (72.01)

Non-consolidated Cash Flow

(Unit : Million Yuan)

  FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Cash Flows from operating activities 433.45 173.28 (24.34)
Cash Flows from investment activities 63.65 (1,070.88) (532.98)
Cash Flows from financing activities (276.04) 972.47 603.47
Gains (losses) from exchange-rate translation 0.04 0.07 0.04
Increases (decreases) in cash and cash equivalents 221.11 74.93 46.19
Cash and cash equivalent at the beginning of the term 155.44 80.51 34.32
Cash and cash equivalent at the term-end 376.55 155.44 80.51

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