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China Nepstar Chain Drugstore Reports First Quarter 2011 Financial Results
Date:5/25/2011

73)General and administrative expenses(4,158)

11,804

1,803(Losses) / income from operations8,226

4,868

743Interest incomeInterest expenses

(1,200)

-

-2,997

2,000

305Dividend income from cost method investments1,846

1,020

156Equity in income of an equity method investeeIncome before income tax expense

7,711

19,692

3,007(5,153)

(9,070)

(1,385)Income tax expenseNet income attributable to China Nepstar Chain Drugstore Ltd.   2,558

10,622

1,622Basic earnings per ordinary share

0.01

0.05

0.01Basic earnings per ADS

0.02

0.10

0.02Diluted earnings per ordinary share

0.01

0.05

0.01Diluted earnings per ADS

0.02

0.10

0.02China Nepstar Chain Drugstore Ltd. Unaudited Condensed Consolidated Balance Sheets(amounts in thousands)As ofAs ofDecember 31,March 31,201020112011RMBRMBUSDASSETSCurrent assets1,139,796

983,680

150,219Cash, cash equivalents and bank deposits5,000

-

-Restricted CashAccounts receivable, net of allowance for doubtful accounts

83,722

97,568

14,90012,358

2,496

381Amounts due from related parties127,750

125,008

19,090Prepaid expenses, deposits and other current assets433,265

415,271

63,417Inventories3,551

2,403

367Deferred tax assets1,805,442

1,626,426

248,374Total current assetsNon-current assets192,019

181,340

27,693Property and equipment, net41,811

41,308

6,308Rental deposits12,638

12,638

1,930Cost method investments 35,151

36,170

5,524Equity method investment8,227

-

-Land use right2,919

3,264

498Intangible assets, net51,089

51,819

7,913Goodwill 1,813

1,722

263Deferred tax assets2,000

1,000

153Deposits fo
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SOURCE China Nepstar Chain Drugstore Ltd.
Copyright©2010 PR Newswire.
All rights reserved

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