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Results
Year ended 31 December
  2011
RMB'000
2010
RMB'000
Changes
Revenue 4,932,011 3,224,750 +52.9%
Gross profit 1,581,959 847,701 +86.6%
Gross profit margin 32.1% 26.3% +5.8ppts
Profit attributable to owners of the Company 455,338 268,195 +69.8%
Basic earnings per share in RMB 0.45 0.31 +45.2%
Proposed final dividend per share in RMB 0.136 0.080 +70%

Assets, liabilities and equity
Year ended 31 December
  2011
RMB'000
2010
RMB'000
Total assets 4,521,196 2,686,711
Total liabilities 2,519,743 1,230,790
Total equity 2,001,453 1,455,921

An analysis of revenue by products
Year ended 31 December
  2011 RMB'000 2010 RMB'000 Change
Lead-acid motive batteries
Electric bikes battery 4,669,096 3,117,460 +49.8%
Storage battery 13,920 9,751 +42.8%
Electric cars battery and special-purpose electric cars battery 170,094 51,800 +228.4%
Li-ion batteries 565 N.A
Materials include lead and active additives 78,336 45,739 +71.3%

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