Financial Highlights
  2014
(RMB’000)
2015
(RMB’000)
2016
(RMB’000)
2017
(RMB’000)
2018
(RMB’000)
REVENUE & PROFITABILITY          
Sales 982,972 1,446,110 1,559,881 1,804,624 2,259,480
Gross Profit 33,439 48,966 116,968 103,718 128,011
Net Profit 3,701 40,735 89,803 68,219 82,703
FINANCIAL STRENGTH          
Cash & bank balances 326,954 461,559 494,570 438,349 426,215
Bank borrowings - - - - (281,250)
Loan from non-controlling interest shareholder* - - - - (1,000,000)
Current assets 425,661 564,046 567,166 647,440 803,941
Current liabilities (6,483) (113,218) (52,122) (66,572) (1,410,696)
Net current assets/(Liabilities) 419,178 450,828 515,044 580,868 (606,755)
Shareholders' equity 500,988 541,723 616,172 668,681 736,030
CASH FLOW          
Net cash generated from/(used in)
operating activities
181,391 97,028 71,078 116,912 61,076
Net cash generated from/(used in)
investing activities
40,039 37,577 (22,713) (157,423) (57,856)
Net cash generated from/(used in)
fnancing activities
18,732 - (15,354) (15,710) (15,354)
SHAREHOLDERS' WEALTH          
Number of shares on issue 640,000 640,000 640,000 640,000 640,000
Basic earnings per share (RMB cents) 3.46 6.36 14.03 10.66 12.92
Net asset value per share (RMB cents) 78.28 84.64 96.28 104.48 115.00
Net cash value per share (RMB cents) 51.09 72.12 77.27 68.49 N.A.
Dividend yield 13.2% 4.5% 3.3% 2.3% 2.6%
Total Market Capitalisation (in S$) $48,640 $70,400 $96,000 $140,800 $119,680
Market price (in S$)          
High $0.095 $0.150 $0.160 $0.255 $0.235
Low $0.050 $0.060 $0.060 $0.155 $0.150
Closing $0.076 $0.110 $0.150 $0.220 $0.187

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