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

nts payable $5,944,014 $3,255,148 Accrued expenses & other payable 2,694,603 2,447,067 Advances from customers 1,570,322 2,580,894 Taxes payable 1,944,665 1,240,411 Loans to related parties 184,662 184,662 Short-term loans payable 2,221,276 1,967,185 Deferred income 186,861 273,753 Current liabilities of the discontinued operations 628,883 628,883 Total Current Liabilities 15,375,288 12,578,003 Long term loan 1,318,500 1,320,390 Commitments and Contingency -- -- Stockholders' Equity: Preferred stock, $0.001 par value; 5,000,000 shares authorized; 5,000,000 shares issued and outstanding 5,000 5,000 Common stock; $0.001 par value; 75,000,000 shares authorized; 31,510,540 shares issued and outstanding as of June 30, 2009 and 31,400,540 shares issued and outstanding as of December 31, 2008 31,621 31,401 Additional paid in capital 635,487 615,906 Deferred consulting expense - issuance of warrants -- (72,815) Prepaid consulting - issuance of shares -- (68,750) Receivable from a related party (50,000) (50,000) Statutory reserve 2,050,992 1,841,241 Other comprehensive income 1,660,196 1,684,649 Retained earnings 10,818,845 9,563,803 Non-controlling interest
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SOURCE China Yongxin Pharmaceuticals, Inc.
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