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Winner Medical Reports Third Quarter Fiscal 2011 Results
Date:8/10/2011

average common stock outstanding- basic 24,130,247

23,378,040

24,125,593

22,701,840- diluted24,601,088

24,060,419

24,621,897

23,112,894Winner Medical Group Inc.Consolidated Balance SheetsJune 30,September 30,20112010US$US$ASSETSCurrent assets:Cash and cash equivalents

16,991,65114,818,179Restricted bank deposits

94,599285,119Restricted broker margin account

1,293,1720Held-to-maturity investments

01,497,607  Accounts receivable, less allowances for doubtful
accounts of US$171,359 and US$230,200 at June 30,
2011 and September 30, 2010, respectively20,482,77715,672,446Amounts due from affiliated companies

208,243999Inventories

25,186,89615,945,101Prepaid expenses and other current assets

11,208,5096,929,066Income taxes recoverable

28,11833,974Deferred tax assets

363,087428,741Total current assets

75,857,05255,611,232Property, plant and equipment, net

63,667,80360,110,367Investment in equity investees

2,322,6452,159,784Intangible assets, net

132,681125,079Prepaid expenses and other receivables

1,603,471637,748Deferred tax assets

1,013,554331,785Total assets

144,597,206118,975,995LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:  Short-term bank loans

8,498,6710  Accounts payable

8,134,7745,362,155  Accrued payroll and employee benefits

2,937,3252,393,700  Customer deposits

722,979687,275  Accrued and other liabilities

3,272,5973,057,445  Amounts due to affiliated companies

61,06058,338  Income taxes payable

1,593,5841,477,212Total current liabilities

25,220,99013,036,125Deferred tax liabilities

44,21342,699Total liabilities

25,265,20313,078,824Commitments and contingenciesStockholders' equity:Common stock, par value $0.001 per share;authorized 247,500,000, issued andoutstandin
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SOURCE Winner Medical Group Inc.
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