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ShangPharma Announces Third Quarter 2011 Results
Date:11/21/2011

evenue

(15,615)

(19,843)

27.1%

(42,824)

(54,977)

28.4%Gross profit

7,503

8,993

19.9%

21,849

26,141

19.6%Operating expensesSelling and marketing

(516)

(654)

26.7%

(1,590)

(1,715)

7.9%General and administrative

(3,880)

(6,326)

63.0%

(10,784)

(17,107)

58.6%Other operating income2

-

157-

157Other operating expenses2

-

(103)-

(103)Total operating expenses

(4,396)

(6,926)

57.6%

(12,374)

(18,768)

51.7%Profit from operations

3,107

2,067

-33.5%

9,475

7,373

-22.2%Other income, net:

978

867

-11.3%

2,428

3,270

34.7%Income from operations before income taxes

4,085

2,934

-28.2%

11,903

10,643

-10.6%Income taxes

(505)

(341)

-32.5%

(1,452)

(1,687)

16.2%Net income

3,580

2,593

-27.6%

10,451

8,956

-14.3%Allocation to preferred shareholders

(901)

-

-100.0%

(2,631)

-

-100.0%Net income attributable to ordinary shareholders

2,679

2,593

-3.2%

7,820

8,956

14.5%Net income attributable to ordinary shareholders per ADS Basic

0.23

0.14

-39.1%

0.68

0.48

-29.4%Diluted

0.22

0.14

-36.4%

0.66

0.48

-27.3%Weighted average ADS outstandingBasic

11,555,888

18,663,30311,555,888

18,653,889Diluted

11,955,735

18,715,09811,846,880

18,827,730SHANGPHARMA CORPORATION
RECONCILIATION OF UNAUDITED GAAP TO NON-GAAP FINANACIAL DATA
(in thousands of U.S. dollars, except for ADS (3) data and per ADS data)Three&#
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SOURCE ShangPharma Corporation
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Related medicine technology :

1. ShangPharma Purchases Shanghai In-vivo Drug Research Facility from Charles River
2. ShangPharma Corporation Announces Shareholder Resolutions Adopted at 2011 Annual General Meeting
3. ShangPharma Corporation Announces Resignation of a Director
4. ShangPharma Corporation to Hold 2011 Annual General Meeting on October 14, 2011
5. ShangPharma Announces Up to $10 Million Share Repurchase Program
6. ShangPharmas Biologics Division Announces Accelerated Achievement of Milestones for Two Multi-Stage Projects
7. ShangPharma Corporation to Announce First Quarter 2011 Financial Results on May 19, 2011
8. ShangPharma Corporation Files 2010 Annual Report on Form 20-F
9. ShangPharma Announces Fourth Quarter and Fiscal Year 2010 Results
10. ShangPharma to Present at the Citibank Global Health Care Conference from March 1 - 3, 2011
11. ShangPharma Announces Appointment of Benson Tsang as a Member of the Board of Directors and Audit Committee
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