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ShangPharma Announces Second Quarter 2011 Results
Date:8/22/2011

>3,352

8.3%

5,139

6,362

23.8%　Net income attributable to ordinary shareholders per ADS 　　Basic

0.27

0.18

-33.3%

0.44

0.34

-22.7%　Diluted

0.26

0.18

-30.8%

0.44

0.34

-22.7%　Weighted average ADS outstanding　　Basic

11,555,888

18,653,713

　

11,555,888

18,649,105

　　Diluted

11,716,526

18,820,194

　

11,686,824

18,883,968

　(1) Each ADS represents 18 ordinary shares.SHANGPHARMA CORPORATIONRECONCILIATION OF UNAUDITED GAAP TO NON-GAAP FINANACIAL DATA(in thousands of U.S. dollars, except for ADS(2) data and per ADS data)　

　

Three months ended

Six months ended　

　

June 30,

June 30,　

　

2010

2011

%

2010

2011

%　

GAAP gross profit7,405

9,149

23.6%

14,345

17,148

19.5%　

GAAP gross margin33.9%

33.3%

　

34.5%

32.8%

　Adjustments:　　Share-based compensation

126

390

209.5%

251

988

293.6%　

Non-GAAP gross profit7,531

9,539

26.7%

14,596

18,136

24.3%　

Non-GAAP gross margin34.5%

34.7%

　

35.1%

34.7%

　　　

GAAP operating expenses(4,164)

(6,320)

51.8%

(7,978)

(11,842)

48.4%Adjustments:　　Share-based compensation

51

959

1780.4%

102

1,730

1596.1%　

Non-GAAP operating expenses(4,113)

(5,361)

30.3%

(7,876)

(10,112)

28.4%　　
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SOURCE ShangPharma Corporation
Copyright©2010 PR Newswire.
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