Sin Ghee Huat

	FY2007	FY2008	FY2009	FY2010	FY2011
Income Statement ($'000)
Sales revenue	93,636	92,554	54,385	48,375	52,700
Profit before tax	22,220	17,007	1,608	4,450	6,305
Profit afer tax	17,940	13,722	1,497	3,734	5,326

Balance Sheet and cash flow($'000)
Inventories	44,779	47,484	36,644	28,322	30,880
Cash and cash equivalents	22,897	28,221	33,672	39,805	36,356
Current assets	91,598	97,655	79,730	81,373	82,854
Total assets	100,026	105,5131	87,605	89,816	91,788
Current liabilities	21,273	18,507	3,253	3,551	4,687
Total liabilities	21,325	18,551	3,253	3,551	4,687
Total equity	78,701	86,962	84,352	86,265	87,101
Cash flows from operation⁽¹⁾	9,591	11,713	21,883	9,731	2,721

Financial Statistics
Gross profit margin (%)	33.9%	27.6%	14.6%	21.3%	25.2%
Net profit margin (%)	19.2%	14.8%	2.8%	7.7%	10.1%
Return on assets (%)⁽²⁾	21.0%	13.4%	1.6%	4.2%	5.9%
Return on equity (%)⁽²⁾	28.3%	16.6%	1.7%	4.4%	6.1%

Earnings per share(cents)	12.00	6.18	0.67	1.68	2.40
Net tangible assets per share (cents)	35.45	39.17	38.00	38.86	39.23
Dividends declared per share (cents)	3.00	1.85	1.00	2.00	2.00

Current ratio (times)	4.3	5.3	24.5	22.9	17.7
Inventory turnover (days)⁽²⁾	225	251	323	302	274
Receivables turnover (days)⁽³⁾	93	85	75	99	104
Payables turnover (days)⁽³⁾	39	19	19	22	24

⁽¹⁾ before interest and tax

⁽²⁾ average basis

⁽³⁾ ending balance basis, trade