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Fuwei Films Announces Fourth Quarter and Full Year 2007 Financial Results
Date:4/14/2008

-- --

Deferred income tax assets -- -- --

Total current assets 372,001 211,842 29,041

Property, plant and equipment, net 317,690 493,562 67,661

Lease prepayments 23,059 22,290 3,056

Deposits for purchase of property,

plant and equipment 13,900 -- --

Intangible asset, net 109 36 5

Goodwill 10,276 10,276 1,409

Deferred income tax assets 1,047 969 133

Total assets 738,082 738,975 101,304

Liabilities

Current liabilities

Short-term bank loans 239,678 188,027 25,776

Accounts payable 12,809 19,609 2,688

Accrued expenses and other payables 19,497 18,544 2,542

Amounts due to related parties -- --

Deferred income tax liabilities 191 265 36

Total liabilities 272,175 226,445 31,043

Shareholders' equity

Ordinary shares of US$0.129752 par

value; 20,000,000 shares authorized;

771 and 13,062,500 issued and

outstanding as of December 31, 2006

and 2007, respectively 13,323 13,323 1,826

Additional paid-in capital 311,907 311,907 42,759

Accumulated other comprehensive

income 1,785 1,148 157

Retained earnings 138,892 186,152 25,519

Total shareholders' equity 465,907 512,530 70,262

Total liabilities and shareholders'

equity
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SOURCE Fuwei Films (Holdings) Co. Limited
Copyright©2008 PR Newswire.
All rights reserved

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