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2006 Financial Report of Jiangsu Zhongtian Technologies Co., Ltd
CreateTime:12-06-2007

The total assets of the company amounted to RMB 1.9349612 billion by Dec 31, 2006, up by 38.77% compared to RMB 1.3943467 billion of previous year, in which, the current assets were RMB 1.4606283 billion, rising 44.93% compared to RMB 1.0078121 billion at the beginning of 2006; the long-term investment was RMB 51.0558 million, down 0.19% compared to RMB 51.1534 million in the beginning of 2006; the fixed assets were 413.1194 million, up 50.21% compared to RMB 275.0323 million in the beginning of 2006; the intangible assets were RMB 6.1323 million, increasing 200.19% compared to RMB 2.0428 million in the beginning of 2006; 

The total liabilities of the company were RMB 1.2048426 billion at the end of 2006, rising 70.96% compared to RMB 704.7517 million in the beginning of 2006; meanwhile, due to the increase of short-term loan, notes payable and long-term loan in current liabilities, the ratio of debts to assets was 62.27%, up 11.73% compared to 50.54% in the beginning of 2006.

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