Qian Yuan Baixing, Inc. (QYBX)

Qian Yuan Baixing 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	12.89	12.64	11.49	12.38	11.57	4.95
Revenue Growth (YoY)	15.64%	10.02%	-7.23%	7.07%	133.77%	-
Cost of Revenue	11.46	11.3	10.07	11.23	10.34	4.15
Gross Profit	1.43	1.34	1.41	1.16	1.22	0.8
Selling, General & Admin	1.75	1.85	2.23	2.94	2.06	3.41
Operating Expenses	1.75	1.85	2.23	2.94	2.06	3.41
Operating Income	-0.32	-0.51	-0.81	-1.78	-0.83	-2.61
Interest Expense	-0.23	-0.17	-0.37	-0.17	-0.28	-0.27
Interest & Investment Income	-	-	-	-	-	0
Earnings From Equity Investments	-0.03	-0.02	-	-	-	-
Other Non Operating Income (Expenses)	-	-	0.01	0	-	0
Pretax Income	-0.58	-0.69	-1.18	-1.95	-1.11	-2.88
Earnings From Continuing Operations	-0.58	-0.69	-1.18	-1.95	-1.11	-2.88
Earnings From Discontinued Operations	-	-	-	-1.37	-0.64	-
Net Income	-0.58	-0.69	-1.18	-3.32	-1.75	-2.88
Net Income to Common	-0.58	-0.69	-1.18	-3.32	-1.75	-2.88
Shares Outstanding (Basic)	18	20	18	13	0	0
Shares Outstanding (Diluted)	18	20	18	13	0	0
Shares Change (YoY)	-12.46%	11.44%	38.01%	2652.41%	87.09%	-
EPS (Basic)	-0.03	-0.04	-0.07	-0.26	-3.76	-11.56
EPS (Diluted)	-0.03	-0.04	-0.07	-0.26	-3.76	-11.56
Free Cash Flow	-0.36	-1.2	-0.79	0.2	-1.02	-1.04
Free Cash Flow Per Share	-0.02	-0.06	-0.04	0.01	-2.20	-4.20
Gross Margin	11.12%	10.61%	12.32%	9.34%	10.59%	16.13%
Operating Margin	-2.47%	-4.00%	-7.07%	-14.36%	-7.18%	-52.75%
Profit Margin	-4.49%	-5.49%	-10.25%	-26.80%	-15.14%	-58.18%
Free Cash Flow Margin	-2.80%	-9.53%	-6.86%	1.59%	-8.84%	-21.11%
EBITDA	-0.32	-0.51	-0.8	-1.77	-0.82	-2.39
EBITDA Margin	-2.51%	-4.00%	-6.94%	-14.30%	-7.10%	-48.32%
D&A For EBITDA	-0	0	0.01	0.01	0.01	0.22
EBIT	-0.32	-0.51	-0.81	-1.78	-0.83	-2.61
EBIT Margin	-2.47%	-4.00%	-7.07%	-14.36%	-7.18%	-52.75%

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