China Clean Energy Inc. (CCGY)

China Clean Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006
Period Ending	Sep 30, 2011	Dec 31, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006
Revenue	73.48	58.96	15.93	18.17	21.76	13.49
Revenue Growth (YoY)	60.70%	270.02%	-12.31%	-16.48%	61.28%	34.36%
Cost of Revenue	57.82	46.73	12.99	14.31	15.88	9.7
Gross Profit	15.66	12.22	2.94	3.86	5.87	3.79
Selling, General & Admin	2.39	1.89	1.93	2.58	2.25	0.94
Research & Development	0.17	0.13	0.14	0.15	0.16	-
Amortization of Goodwill & Intangibles	-	-	-	-	-	0.2
Other Operating Expenses	-	-	-	-	-	-0.01
Operating Expenses	2.55	2.03	2.07	2.73	2.41	1.17
Operating Income	13.11	10.2	0.87	1.13	3.46	2.62
Interest Expense	-0.39	-0.29	-	-	-0.1	-0.09
Interest & Investment Income	-	-	-	-	-	0.01
Other Non Operating Income (Expenses)	2.04	0.08	0.01	-0.16	-	-
EBT Excluding Unusual Items	14.76	9.98	0.88	0.97	3.36	2.54
Merger & Restructuring Charges	-	-	-	-	-	-0.46
Gain (Loss) on Sale of Assets	-0	-0.26	-	-	-	-
Other Unusual Items	-0.93	-0.93	-0.96	-	-	-
Pretax Income	13.83	8.79	-0.09	0.97	3.36	2.07
Income Tax Expense	3.45	2.42	0.24	0.37	-	0.8
Net Income	10.38	6.37	-0.32	0.6	3.36	1.27
Net Income to Common	10.38	6.37	-0.32	0.6	3.36	1.27
Net Income Growth	117.46%	-	-	-82.24%	164.59%	-3.08%
Shares Outstanding (Basic)	32	32	32	31	22	17
Shares Outstanding (Diluted)	32	32	32	31	22	17
Shares Change (YoY)	-	-	0.70%	45.47%	26.41%	6.39%
EPS (Basic)	0.33	0.20	-0.01	0.02	0.16	0.07
EPS (Diluted)	0.33	0.20	-0.01	0.02	0.16	0.07
EPS Growth	117.46%	-	-	-87.79%	123.12%	-12.50%
Free Cash Flow	14.33	7.45	-1.58	-11.39	0.69	-0.67
Free Cash Flow Per Share	0.46	0.24	-0.05	-0.36	0.03	-0.04
Gross Margin	21.32%	20.73%	18.45%	21.24%	27.00%	28.10%
Operating Margin	17.84%	17.30%	5.45%	6.20%	15.93%	19.42%
Profit Margin	14.12%	10.80%	-2.04%	3.28%	15.44%	9.41%
Free Cash Flow Margin	19.51%	12.64%	-9.89%	-62.67%	3.19%	-4.94%
EBITDA	16.39	13.51	1.79	2.06	4.19	3.23
EBITDA Margin	22.31%	22.92%	11.24%	11.33%	19.24%	23.92%
D&A For EBITDA	3.28	3.31	0.92	0.93	0.72	0.61
EBIT	13.11	10.2	0.87	1.13	3.46	2.62
EBIT Margin	17.84%	17.30%	5.45%	6.20%	15.93%	19.42%
Effective Tax Rate	24.95%	27.57%	-	38.25%	-	38.73%
Revenue as Reported	-	-	-	-	-	13.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.