Financial Highlights
  2016
(RMB’000)
2017
(RMB’000)
2018
(RMB’000)
2019
(RMB’000)
2020
(RMB’000)
REVENUE & PROFITABILITY          
Sales 1,559,881 1,804,624 2,259,480 3,660,048 3,182,338
Gross Profit 116,968 103,718 128,011 270,338 285,878
Net Profit 89,803 68,219 82,703 138,014 184,574
Net Profit / (Loss) to Equity holders of the Group 89,803 68,219 82,703 113,692 158,552
Interest Coverage ratio - - - 4.59 7.56
FINANCIAL STRENGTH          
Cash & bank balances 494,570 438,349 426,215 66,247 352,035
Bank borrowings - - (281,250) (156,250) (531,250)
Loan from non-controlling interest shareholder* - - (1,000,000) (850,000) (705,000)
Net Debt/Equity Net cash Net cash 98.4% 94.9% 72.2%
Current assets 567,166 647,440 803,941 351,944 548,306
Current liabilities (52,122) (66,572) (1,410,696) (1,098,298) (321,727)^
Net current assets/(Liabilities) 515,044 580,868 (606,755) (746,354) 226,579
Shareholders' equity 616,172 668,681 736,030 833,603 1,026,672
CASH FLOW          
Net cash generated from/(used in)
operating activities
71,078 116,912 61,076 205,900 353,844
Net cash generated from/(used in)
investing activities
(22,713) (157,423) (57,856) (223,351) (259,292)
Net cash generated from/(used in)
fnancing activities
(15,354) (15,710) (15,354) (342,517) 191,236
SHAREHOLDERS' WEALTH          
Number of shares on issue ("000") 640,000 640,000 640,000 640,000 640,000
Basic earnings per share (RMB cents) 14.03 10.66 12.92 17.76 24.77
Net asset value per share (RMB cents) 96.28 104.48 115.00 130.25 160.42
Net cash value per share (RMB cents) 77.27 68.49 N.A. N.A. N.A.
Dividend yield 3.3% 2.3% 2.6% Nil 3.3%
Total Market Capitalisation (in S$) $96,000 $140,800 $119,680 $120,320 $96,000
Market price (in S$)          
High $0.16 $0.26 $0.24 $0.22 $0.19
Low $0.06 $0.16 $0.15 $0.15 $0.14
Closing $0.15 $0.22 $0.19 $0.19 $0.15

* Arising from the acquisition of Dongming Qianhai, loan was for working capital use and from strategic affiliation, Shandong Dongming

^ A portion of the loan from non-controlling interest has been reclassified from current liabilities to non-current liabilities