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China Yongxin Pharmaceuticals Inc. Announces Second Quarter 2009 Financial Results
Date:10/14/2009

+1-626-581-9098 Email: info@yongxinchina.com Investors: Mr. Matthew Hayden, HC International Tel: +1-561-245-5155 Email: matt.hayden@hcinternational.net Web: http://www.hcinternational.net CHINA YONGXIN PHARMACEUTICALS INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2009 AND DECEMBER 31, 2008 (UNAUDITED) June 30, 2009 December 31, 2008 ASSETS Current Assets: Cash and cash equivalents $1,620,168 $609,422 Accounts receivable, net 7,070,275 6,030,874 Notes receivable 1,561,462 1,334,078 Other receivable, net 552,549 356,573 Advances to suppliers 8,465,678 6,186,269 Prepaid expenses 245,832 345,686 Inventory, net 7,923,325 7,864,677 Current assets of the discontinued operations 46 46 Total Current Assets 27,439,336 22,727,625 Property and Equipment, net 2,512,538 2,680,207 Construction In Progress 6,357,179 6,066,249 Intangible Assets, net 60,428 73,687 Total Assets $36,369,481 $31,547,768 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accou
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SOURCE China Yongxin Pharmaceuticals, Inc.
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