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China Nepstar Chain Drugstore Reports Third Quarter 2011 Financial Results
Date:11/28/2011

0.100

0.012

0.002Diluted earnings per ordinary share

0.050

0.006

0.001Diluted earnings per ADS

0.100

0.012

0.002China Nepstar Chain Drugstore Ltd.Unaudited Condensed Consolidated Balance Sheets(amounts in thousands)As ofAs ofAs ofDecember 31,September 30,September 30,201020112011RMBRMBUSDASSETSCurrent assets:Cash, cash equivalents and bank deposits

1,139,796

806,562

126,460Restricted cash

5,000

-

-Accounts receivable, net of allowance for doubtful accounts

83,722

92,579

14,515Amounts due from related parties

12,358

4,218

661Prepaid expenses, deposits and other current assets

127,750

122,922

19,273Inventories

433,265

404,196

63,373Deferred tax assets

3,551

2,201

345Total current assets

1,805,442

1,432,678

224,627Non-current assets:Bank deposits

-

169,000

26,497Property and equipment, net

192,019

162,564

25,488Rental deposits

41,811

40,354

6,327Cost method investments

12,638

12,638

1,981Equity method investment

35,151

35,149

5,511Land use right

8,227

-

-Intangible assets, net

2,919

3,176

498Goodwill

51,089

51,819

8,125Deferred tax assets

1,813

1,951

306Deposits for acquisitions

2,000

1,000

157Accrued interest income

-

1,152

181Total non-current assets

347,667

478,803

75,071TOTAL ASSETS

2,153,109

1,911,481

299,698LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities:Accounts payable

313,773

325,409

51,021Amounts due to related parties

24,461

18,462

2,895Accrued expenses and other payables

131,330

119,519

18,739De
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SOURCE China Nepstar Chain Drugstore Ltd.
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