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China Medical Technologies Reports Second Fiscal Quarter Financial Results
Date:11/17/2010

27,354

10,592

9,238

1,381(3) Interest expense and amortization in connection with convertible notes were not added back in computing diluted earnings per ADS because they were anti-dilutive.(4) As a result of the adoption of new authoritative guidance governing the accounting for own-share lending arrangements in contemplation of convertible debt issuance or other financing effective on April 1, 2010, the Company adjusted relevant numbers in the unaudited condensed consolidated statements of income for the three months ended September 30, 2009 retrospectively in accordance with GAAP.China Medical Technologies, Inc.Unaudited Condensed Consolidated Statements of Cash FlowsFor the Three Months EndedSeptember 30, 2009June 30, 2010September 30, 2010RMBRMBRMBUS$(in thousands)Net cash provided by operating activities

45,472

69,847

67,303

10,059Net cash used in investing activities

(357,165)

(1,289)

(1,244)

(186)Net cash provided by (used in) financing activities

1,011

(144,537)

-

-Effect of foreign currency exchange rate change on cash

(155)

2,866

(2,498)

(372)Net increase (decrease) in cash and cash equivalents

(310,837)

(73,113)

63,561

9,501Cash and cash equivalents:At beginning of period

1,547,533

815,453

742,340

110,954At end of period

1,236,696

742,340

805,901

120,455China Medical Technologies, Inc.Reconciliations of GAAP measures to Non-GAAmeasuresFor the Three Months EndedSeptember 30, 2009June 30, 2010September 30, 2010   RMBRMBRMBUS$As adjusted (2)(in thousands except for per ADS information)Gross profit

108,549

124,816

111,357

16,644Adjustments:Stock compensation expense

-

52


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SOURCE China Medical Technologies, Inc.
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