Exhibit 12.1 SUNBASE ASIA INC Statement re computation of ratios - ---------------------------------- 1. Earnings to fixed charge Earnings = (146,348) = (1.25) : 1 -------------------- ------------ Fixed charges 117,239 2. Net profit margin Net earnings = (146,348) = (30.7%) -------------------- ------------ Net Sales 475,310 3. Return on capital employed Net earnings = (146.384) = (49.5%) --------------------- ------------ Capital employed 295,521 4. Current ratio Current assets = 1,293,702 = 1.05:1 --------------------- ------------- Current liabilities (1,231,818) 5. Fixed asset turnover Sales = 475,310 = 0.85 times -------------- ----------- Fixed assets 559,245