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ShangPharma Announces Second Quarter 2011 Results

mounts due from related parties






 Prepayments and other current assets



 Deferred tax assets



Total current assets73,10969,382Non-current assets: 

 Derivative assets



 Property, plant, equipment and software, net



 Land use right, net



 Other long-term assets



Total non-current assets64,83378,593 

Total assets137,942147,975LIABILITIESCurrent liabilities: 

 Short-term bank borrowings



 Accounts payable



 Amounts due to related parties



 Salary and welfare payable



 Income tax payable



 Advance from customers



 Other payables and accruals



 Deferred tax liabilities



Total current liabilities24,40624,046 

Total liabilities24,40624,046Commitments and contingenciesEQUITY 

Ordinary shares (US$0.001 par value; 429,999,350 shares authorized;
335,600,000 shares issued and outstanding as of December 31, 2010
and June 30, 2011, respectively)



Additional paid in capital



Statutory reserves



Retained earnings



Accumulated other comprehensive income



Total equity113,536123,929 <

SOURCE ShangPharma Corporation
Copyright©2010 PR Newswire.
All rights reserved

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