nsive
Income:
Foreign Currency
Translation
Adjustment 302,570 352,673 301,912 182,648
Comprehensive Income $6,760,447 $2,591,111 $2,544,289 $1,156,162
Basic and diluted
income per common
share
Basic $0.22 $0.08 $0.08 $0.03
Diluted $0.22 $0.08 $0.08 $0.03
Weighted average number
of common shares
outstanding
Basic 29,380,073 29,380,073 29,380,073 29,380,073
Diluted 29,380,073 29,380,073 29,380,073 29,380,073
CHINA YCT INTERNATIONAL GROUP, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
ASSETS
December 31, 2008 March 31, 2008
(Unaudited) (Audited)
Current assets:
Cash and cash equivalents $10,297,023 $1,614,336
Inventory 64,450 737,153
Advance to suppliers -- 834,284
Other receivable - related party 954,818 2,022,742
Total Current Assets 11,316,291 5,208,515
Property and equipment, net of
accumulated depreciation of
$66,617 and $68,282, respectively 4,444,354 3,083,031
Land use right, net of accumulated
amortization 1,421,133 1,404,803
Total Assets $17,181,778 $9,696,349
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $461,708 $59,688
Unearned Revenue 35,506 33,742
'/>"/>SOURCE China YCT International Group Inc. Copyright©2009 PR Newswire. All rights reserved | |
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