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

property rights of its customers; comply with applicable regulations and industry standards; compete effectively in its industry, which may subject it to increasing pricing pressure and reduce the demand for its services; expand and market its services and manage its growth; and develop and maintain effective internal control over financial reporting; as well as other risks outlined in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and the Company does not undertake any obligation to update any such information, except as required under applicable law.

About Non-GAAP Financial Measures To supplement the Company's consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), the Company uses the following non-GAAP financial measures: (1) gross profit, (2) gross margin, (3) profit from operations, (4) operating expenses, (5) operating margin, (6) net income, and (7) diluted earnings per ADS, each of which excludes expenses relating to or the effect of share-based compensation. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliation of GAAP and non-GAAP Financial Data" set forth at the end of this press release.

The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding its operating performance by excluding expenses relating to or the effect of share-based compensation that may not be indicative of its operating performance. The Company believes that both management and investors benefit from referring to these non-GAAP financial measures in assessing its op
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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
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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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