China Assets (Holdings) Limited announced audited consolidated operating cash flow for the year ended December 31, 2012. For the period, the company reported net cash used in operating activities of USD 2,477,640 against USD 9,503,393 for the same period in the last year.

China Assets (Holdings) Limited announced audited consolidated financial results for the year ended December 31, 2012. Income was $845,377 against $2,420,614 for the same period in the last year. Operating loss was $15,584,676 against $600,838 for the same period in the last year. Loss before income tax was $20,746,932 against $1,696,893 for the same period in the last year. Loss for the year attributable to equity holders of the company was $20,815,260 against $1,829,882 for the same period in the last year. Losses per basic and diluted share to the equity holders of the company were $0.271 against $0.024 for the same period in the last year. The 2012 slowdown was due to a variety of factors, mainly a slight deceleration pulled by the Central Government to tame its real estate boom and rapid inflation. The loss was mainly due to its share of the group's loss of $6.32 million and loss on disposal of investment properties.

China Assets (Holdings) Limited announced that they will report fiscal year 2012 results on Mar 22, 2013