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3SBio Inc. Announces Second Quarter 2008 Results

Property, plant and equipment, net 49,465 59,386 8,658

Lease prepayments 9,247 9,070 1,322

License fee -- 6,287 917

Non-current deposits 6,124 9,258 1,350

Income tax receivable 556 -- --

Deferred tax assets 1,857 1,724 251

Total assets 973,475 977,588 142,524


Current liabilities

Accounts payable 1,693 2,971 433

Deferred grant income 374 374 55

Accrued expenses and other payables 22,626 30,967 4,515

Income tax payable -- 4,638 676

Other current liabilities 67 71 10

Total current liabilities 24,760 39,021 5,689

Deferred grant income 3,526 3,339 487

Other liabilities 848 810 118

Total liabilities 29,134 43,170 6,294

Commitments and contingencies

Minority interests 549 454 66

Shareholders' equity

Share capital - ordinary shares US$0.0001

par value, 500,000,000

shares authorized, 152,099,155 shares

issued and outstanding as of

December 31, 2007 and June 30, 2008 122 122 18

Additional paid-in capital 917,527 919,968 134,124

Accumulated other comprehensive loss (48,338) (99,742) (14,542)

Retained earnings 74,481 113,616 16,564

Total shareholders' equity 943,792 933,96

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