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Winner Medical Reports Third Quarter Fiscal 2012 Results
Date:8/9/2012

Restricted bank deposits

107,679

1,836,491Restricted broker margin account

475,106

0  Accounts and notes receivable, less allowances for

doubtful accounts of US$92,213 and US$159,485 at June

30, 2012 and September 30, 2011, respectively

23,789,096

20,982,263Amounts due from affiliated companies

84,550

157,779Inventories

25,500,169

25,408,700Prepaid expenses and other current assets

11,805,719

8,334,504Income taxes recoverable

234,400

146,408Deferred tax assets

345,293

376,411Total current assets

87,567,662

79,187,661Property, plant and equipment, net

69,678,053

65,461,750Investment in equity investees

2,573,325

2,421,915Intangible assets, net

148,340

126,918Prepaid expenses and other receivables

2,463,983

1,596,354Deferred tax assets

1,190,522

1,124,089Total assets

163,621,885

149,918,687 

LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:  Short-term bank loans

6,324,211

6,294,356  Accounts payable

10,137,984

7,420,580  Accrued payroll and employee benefits

3,508,256

3,141,756  Customer deposits

1,099,714

1,115,887  Accrued and other liabilities

6,822,643

4,253,889  Amounts due to affiliated companies

85,402

0  Income taxes payable

1,437,598

1,970,710Total current liabilities

29,415,808

24,197,178Deferred tax liabilities

0

45,025Total liabilities

29,415,808

24,242,203Commitments and contingenciesStockholders' equity:Common stock, par value $0.001 per share;
authorized 247,500,000, issued and

outstanding June 30, 2012 -24,371,872 share
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SOURCE Winner Medical Group Inc.
Copyright©2012 PR Newswire.
All rights reserved

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