China Finance, Inc. (CHFI)

China Finance Income Statement

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

Fiscal Year	FY 2008	FY 2007	FY 2006	FY 2005
Period Ending	Dec 31, 2008	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Operating Revenue	1.95	17.59	5.46	0.4
Other Revenue	0.14	0.07	0.02	-
Revenue	2.1	17.67	5.49	0.4
Revenue Growth (YoY)	-88.12%	221.98%	1281.64%	-
Cost of Revenue	0.55	0.51	0.33	-
Gross Profit	1.55	17.15	5.15	0.4
Selling, General & Admin	3.57	2.5	0.86	0.76
Operating Expenses	4.64	2.62	0.93	0.76
Operating Income	-3.09	14.53	4.23	-0.37
Currency Exchange Gain (Loss)	1.6	0.7	0.42	0.31
EBT Excluding Unusual Items	-1.49	15.23	4.64	-0.06
Gain (Loss) on Sale of Investments	-16.85	11.98	11.01	-2.65
Gain (Loss) on Sale of Assets	-	-	-0	-
Pretax Income	-18.34	27.22	15.65	-2.71
Income Tax Expense	0.01	0.01	-	-
Net Income	-18.35	27.21	15.65	-2.71
Net Income to Common	-18.35	27.21	15.65	-2.71
Net Income Growth	-	73.89%	-	-
Shares Outstanding (Basic)	58	58	58	58
Shares Outstanding (Diluted)	58	58	58	58
EPS (Basic)	-0.32	0.47	0.27	-0.05
EPS (Diluted)	-0.32	0.47	0.27	-0.05
EPS Growth	-	73.89%	-	-
Free Cash Flow	-7.09	5.42	-11.38	-0.47
Free Cash Flow Per Share	-0.12	0.09	-0.20	-0.01
Gross Margin	73.90%	97.10%	93.93%	100.00%
Operating Margin	-147.08%	82.24%	77.04%	-92.41%
Profit Margin	-874.33%	154.01%	285.18%	-682.24%
Free Cash Flow Margin	-337.71%	30.66%	-207.48%	-119.37%
EBITDA	-2.92	14.65	4.29	-0.36
EBITDA Margin	-139.00%	82.93%	78.28%	-89.52%
D&A For EBITDA	0.17	0.12	0.07	0.01
EBIT	-3.09	14.53	4.23	-0.37
EBIT Margin	-147.08%	82.24%	77.04%	-92.41%
Effective Tax Rate	-	0.04%	-	-
Revenue as Reported	2.1	17.67	5.49	0.4
Advertising Expenses	0.06	0.13	0.12	-

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