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China Yingxia International, Inc. Announces Record Fourth Quarter and Year 2007 Results
Date:3/31/2008

6,330 568,889

Comprehensive Income $8,075,544 $5,909,146

Basic and Diluted Income per common share

Basic $0.16 $0.33

Diluted $0.15 $0.33

Weighted average common share outstanding

Basic 37,995,417 17,157,810

Diluted 40,176,812 17,157,810

CHINA YINGXIA INTERNATIONAL, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2007 and 2006

2007 2006

Cash Flows From Operating Activities:

Net income $6,119,214 $5,340,257

Adjustments to reconcile net income to

net cash provided by (used in) operating

activities:

Depreciation and amortization 814,831 542,807

Allowance for doubtful accounts 347,439 -

Amortization of stock compensation for

consulting services

Changes in operating assets and liabilities:

Accounts receivable (32,459) 675,403

Inventory (4,415,033) (929,194)

Tax Receivable (32,317) -

Prepaid expenses 95,479 (91,457)

Other receivable (2,804,002) 2,759,017

Advances to suppliers (988,804) 3,510,157

Accounts payable (346,588) (150,335)

Unearned revenue 6,509 -

Taxes payable - (2,934,115)

Accrued ex
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SOURCE China Yingxia International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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