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China Medical Technologies Reports Third Fiscal Quarter Financial Results

09December 31, 2010(1) Revenues, net

RMB'000RMB'000US$'000- Molecular diagnostic systems283,865


54,777- Immunodiagnostic systems





92,720Molecular diagnostic systems- HPV-DNA chips



1,971(2) Non-GAAP numbers exclude stock compensation expense and amortization of acquired intangible assets.For the Nine Months EndedDecember 31, 2009December 31, 2010RMB'000RMB'000US$'000Stock compensation expense



42Amortization of acquired intangible assets67,297




18,302(3) Non-GAAP numbers exclude stock compensation expense.(4) Non-GAAP numbers exclude amortization of acquired intangible assets.(5) Non-GAAP numbers exclude non-cash interest expense of convertible notes. (6) Non-GAAP numbers exclude non-cash interest expense for amortization of share lending costs. (7) Non-GAAP numbers exclude gain on repurchase of convertible notes as well as high yield note offering expenses. 

For the Nine Months EndedDecember 31, 2009December 31, 2010RMB'000RMB'000US$'000Gain on repurchase of convertible notes-


(11,935)High yield note offering expenses





(11,142)(8) Interest expense and amortization in connection with convertible notes were not added back in computing GAAP diluted earnings per ADS because they were anti-dilutive. Non-GAAP earnings per ADS represents non-GAAP net income divided by the weighted average number of ADSs used in computing basic and diluted earnings per ADS in accordance with GAAP.(9) 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 consoli

SOURCE China Medical Technologies, Inc.
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