Financial Highlights
  2015
(RMB’000)
2016
(RMB’000)
2017
(RMB’000)
2018
(RMB’000)
2019
(RMB’000)
REVENUE & PROFITABILITY          
Sales 1,446,110 1,559,881 1,804,624 2,259,480 3,660,048
Gross Profit 48,966 116,968 103,718 128,011 266,609
Net Profit 40,735 89,803 68,219 82,703 138,014
Net Profit / (Loss) to Equity holders of the Group 40,735 89,803 68,219 82,703 113,692
Interest Coverage ratio - - - - 5.6
FINANCIAL STRENGTH          
Cash & bank balances 461,559 494,570 438,349 426,215 66,247
Bank borrowings - - - (281,250) (156,250)
Loan from non-controlling interest shareholder* - - - (1,000,000) (850,000)
Net Debt/Equity Net cash Net cash Net cash 98.4% 94.9%
Current assets 564,046 567,166 647,440 803,941 351,995
Current liabilities (113,218) (52,122) (66,572) (1,410,696) (1,098,661)
Net current assets/(Liabilities) 450,828 515,044 580,868 (606,755) (746,666)
Shareholders' equity 541,723 616,172 668,681 736,030 833,603
CASH FLOW          
Net cash generated from/(used in)
operating activities
97,028 71,078 116,912 61,076 128,140
Net cash generated from/(used in)
investing activities
37,577 (22,713) (157,423) (57,856) (346,590)
Net cash generated from/(used in)
fnancing activities
- (15,354) (15,710) (15,354) (141,518)
SHAREHOLDERS' WEALTH          
Number of shares on issue 640,000 640,000 640,000 640,000 640,000
Basic earnings per share (RMB cents) 6.36 14.03 10.66 12.92 17.76
Net asset value per share (RMB cents) 84.64 96.28 104.48 115.00 17.76
Net cash value per share (RMB cents) 72.12 77.27 68.49 N.A. N.A.
Dividend yield 4.5% 3.3% 2.3% 2.6% 0.0%
Total Market Capitalisation (in S$) $70,400 $96,000 $140,800 $119,680 $120,320
Market price (in S$)          
High $0.150 $0.160 $0.255 $0.235 $0.220
Low $0.060 $0.060 $0.155 $0.150 $0.145
Closing $0.110 $0.150 $0.220 $0.187 $0.188

* Arising from the acquisition of Dongming Qianhai, loan was for working capital use and from strategic affliation, Shandong Dongming Petrochem Group.