Lizhan Environmental Corporation ^LZENF

Finances

	2011	2010	2009	2008
Revenue	36.342 M ^{-21.54 %}	46.321 M ^{114.33 %}	21.613 M ^{64.67 %}	13.124 M
Net income	1.633 M ^{-80.05 %}	8.186 M ^{199.71 %}	2.731 M ^{83.91 %}	1.485 M
Income before tax	1.837 M ^{-79.75 %}	9.070 M ^{232.08 %}	2.731 M ^{83.78 %}	1.486 M
Income before tax ratio	0.05 ^{-74.19 %}	0.20 ^{54.94 %}	0.13 ^{11.60 %}	0.11
EBITDA	3.069 M ^{-69.68 %}	10.121 M ^{195.44 %}	3.426 M ^{93.55 %}	1.770 M
Net income ratio	0.04 ^{-74.57 %}	0.18 ^{39.84 %}	0.13 ^{11.68 %}	0.11
Ratio EBITDA	0.08 ^{-61.35 %}	0.22 ^{37.85 %}	0.16 ^{17.54 %}	0.13
Gross profit ratio	0.19 ^{-23.97 %}	0.24 ^{40.55 %}	0.17 ^{-8.89 %}	0.19
Weighted average shs out dil	13.314 M ^{20.11 %}	11.085 M ^{1.35 %}	10.938 M ^{0.00 %}	10.938 M
Weighted average shs out	13.314 M ^{20.11 %}	11.085 M ^{1.35 %}	10.938 M ^{0.00 %}	10.938 M
EPS diluted	0.12 ^{-83.78 %}	0.74 ^{196.00 %}	0.25 ^{78.57 %}	0.14
Earnings per share	0.12 ^{-83.78 %}	0.74 ^{196.00 %}	0.25 ^{78.57 %}	0.14
Gross profit	6.728 M ^{-40.35 %}	11.278 M ^{201.23 %}	3.744 M ^{50.04 %}	2.496 M
Income tax expense	405.755 K ^{-55.52 %}	912.249 K	0.000 ^{-100.00 %}	1.010 K
Cost of revenue	29.615 M ^{-15.49 %}	35.043 M ^{96.12 %}	17.868 M ^{68.11 %}	10.629 M
General and administrative expenses	4.487 M ^{112.59 %}	2.111 M ^{100.28 %}	1.054 M ^{78.56 %}	590.132 K
Selling and marketing expenses	845.221 K ^{33.20 %}	634.544 K ^{96.98 %}	322.133 K ^{23.76 %}	260.290 K
Other expenses	0.000	0.000	0.000	0.000
Operating expenses	5.424 M ^{88.25 %}	2.881 M ^{99.98 %}	1.441 M ^{63.25 %}	882.608 K
Cost and expenses	35.039 M ^{-7.61 %}	37.924 M ^{96.40 %}	19.309 M ^{67.74 %}	11.512 M
Research and development expenses	92.522 K ^{-32.17 %}	136.398 K ^{109.87 %}	64.991 K ^{101.92 %}	32.186 K
Selling general and administrative expenses	5.332 M ^{94.24 %}	2.745 M ^{99.51 %}	1.376 M ^{61.79 %}	850.422 K
Interest income	14.572 K ^{-45.47 %}	26.721 K ^{33.79 %}	19.972 K ^{16.77 %}	17.103 K
Interest expense	411.920 K ^{37.03 %}	300.609 K ^{80.89 %}	166.186 K ^{34.89 %}	123.199 K
Depreciation and amortization	820.028 K ^{9.39 %}	749.663 K ^{41.97 %}	528.034 K ^{229.07 %}	160.464 K
Operating income	1.303 M ^{-84.48 %}	8.397 M ^{264.57 %}	2.303 M ^{42.80 %}	1.613 M
Operating income ratio	0.04 ^{-80.21 %}	0.18 ^{70.10 %}	0.11 ^{-13.28 %}	0.12
Total other income expenses net	533.511 K ^{-20.77 %}	673.350 K ^{57.31 %}	428.041 K ^{437.71 %}	-126.748 K
	2011	2010	2009	2008

	2011	2010	2009	2008
Net debt	26.003 M ^{96.64 %}	13.224 M ^{794.22 %}	1.479 M ^{-26.31 %}	2.007 M
Total investments	0.000	0.000	0.000	0.000
Total debt	27.234 M ^{72.14 %}	15.821 M ^{575.26 %}	2.343 M ^{-13.65 %}	2.713 M
Accumulated other comprehensive income loss	2.053 M ^{131.10 %}	888.532 K ^{90.66 %}	466.035 K ^{-1.28 %}	472.061 K
Retained earnings	12.418 M ^{12.35 %}	11.054 M ^{195.98 %}	3.735 M ^{192.43 %}	1.277 M
Common stock	4.366 M ^{22.43 %}	3.566 M ^{1.89 %}	3.500 M ^{0.00 %}	3.500 M
Total equity	28.508 M ^{55.40 %}	18.345 M ^{125.85 %}	8.123 M ^{72.57 %}	4.707 M
Other non current liabilities	0.000	0.000	0.000	0.000
Long term debt	3.685 M	0.000	0.000	0.000
Total non current liabilities	3.685 M	0.000	0.000	0.000
Other current liabilities	931.678 K ^{-39.85 %}	1.549 M ^{-68.64 %}	4.940 M ^{48.55 %}	3.325 M
Deferred revenue	0.000 ^{-100.00 %}	110.106 K ^{-85.42 %}	755.113 K	0.000
Short term debt	23.550 M ^{48.85 %}	15.821 M ^{575.26 %}	2.343 M ^{-13.65 %}	2.713 M
Total current liabilities	32.361 M ^{22.85 %}	26.341 M ^{105.74 %}	12.803 M ^{36.42 %}	9.385 M
Total liabilities	36.046 M ^{36.84 %}	26.341 M ^{105.74 %}	12.803 M ^{36.42 %}	9.385 M
Other non current assets	2.130 M ^{-81.29 %}	11.386 M ^{9 329.07 %}	120.750 K ^{-92.22 %}	1.552 M
Long term investments	0.000	0.000	0.000	0.000
Intangible assets	2.276 M ^{0.42 %}	2.267 M ^{123.68 %}	1.013 M	0.000
GoodWill	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.276 M ^{0.42 %}	2.267 M ^{123.68 %}	1.013 M	0.000
Property plant equipment net	34.094 M ^{164.16 %}	12.907 M ^{53.79 %}	8.392 M ^{39.13 %}	6.032 M
Total non current assets	38.501 M ^{44.96 %}	26.559 M ^{178.80 %}	9.526 M ^{25.61 %}	7.584 M
Other current assets	4.325 M ^{23.05 %}	3.515 M ^{59.97 %}	2.197 M ^{109.88 %}	1.047 M
Short term investments	0.000	0.000	0.000	0.000
cash and cash equivalents	1.231 M ^{-52.60 %}	2.597 M ^{200.56 %}	864.162 K ^{22.32 %}	706.459 K
Cash and short term investments	1.231 M ^{-52.60 %}	2.597 M ^{200.56 %}	864.162 K ^{22.32 %}	706.459 K
Total current assets	26.053 M ^{43.72 %}	18.128 M ^{59.01 %}	11.400 M ^{75.15 %}	6.509 M
Inventory	13.009 M ^{178.77 %}	4.666 M ^{34.39 %}	3.472 M ^{123.86 %}	1.551 M
Net receivables	7.489 M ^{1.90 %}	7.349 M ^{56.39 %}	4.699 M ^{46.66 %}	3.204 M
Tax assets	0.000	0.000	0.000	0.000
Other assets	0.000	0.000	0.000	0.000
Account payables	7.696 M ^{-5.67 %}	8.158 M ^{71.19 %}	4.766 M ^{42.40 %}	3.347 M
Tax payables	183.782 K ^{-73.85 %}	702.713 K	0.000	0.000
Deferred revenue non current	0.000	0.000	0.000	0.000
Minority interest	446.472 K ^{-28.42 %}	623.779 K	0.000	0.000
Capital lease obligations	0.000	0.000	0.000	0.000
Preferred stock	0.000	0.000	0.000	0.000
Other total stockholders equity	9.224 M ^{316.71 %}	2.213 M ^{424.12 %}	422.321 K ^{177.91 %}	-542.038 K
Deferred tax liabilities non current	0.000	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000
Total assets	64.554 M ^{44.46 %}	44.687 M ^{113.54 %}	20.926 M ^{48.49 %}	14.092 M
	2011	2010	2009	2008

	2011	2010	2009	2008
Deferred income tax	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000
Change in working capital	-11.057 M ^{-1 480.60 %}	-699.518 K ^{68.86 %}	-2.247 M ^{-90.11 %}	-1.182 M
Accounts receivables	-461.977 K ^{78.13 %}	-2.113 M ^{-54.67 %}	-1.366 M ^{55.21 %}	-3.050 M
Inventory	-7.932 M ^{-618.89 %}	-1.103 M ^{42.63 %}	-1.923 M ^{-30.28 %}	-1.476 M
Accounts payables	-842.798 K ^{-126.03 %}	3.238 M ^{127.43 %}	1.424 M ^{-55.30 %}	3.185 M
Other working capital	-1.820 M ^{-152.08 %}	-721.869 K ^{-89.30 %}	-381.330 K ^{-339.96 %}	158.913 K
Other non cash items	-36.893 K ^{94.56 %}	-677.611 K ^{-25.66 %}	-539.244 K	0.000
Net cash provided by operating activities	-8.640 M ^{-214.31 %}	7.559 M ^{1 496.07 %}	473.578 K ^{2.08 %}	463.927 K
Investments in property plant and equipment	-9.397 M ^{41.40 %}	-16.035 M ^{-1 250.00 %}	-1.188 M ^{64.52 %}	-3.347 M
Acquisitions net	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000
Other investing activites	-150.991 K ^{-150.86 %}	296.895 K ^{128.79 %}	-1.031 M ^{4.71 %}	-1.082 M
Net cash used for investing activites	-9.548 M ^{39.33 %}	-15.738 M ^{-609.20 %}	-2.219 M ^{49.90 %}	-4.430 M
Debt repayment	8.967 M ^{-0.25 %}	8.990 M ^{673.69 %}	1.162 M ^{-38.34 %}	1.884 M
Common stock issued	10.000 M ^{909.65 %}	990.439 K	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000
Other financing activites	-2.370 M ^{-3 982.95 %}	-58.057 K ^{-107.83 %}	741.792 K ^{-71.69 %}	2.620 M
Net cash used provided by financing activities	16.597 M ^{67.27 %}	9.922 M ^{421.20 %}	1.904 M ^{-57.74 %}	4.505 M
Effect of forex changes on cash	224.397 K ^{2 366.87 %}	-9.899 K ^{-1 814.70 %}	-517.000 ^{-100.94 %}	54.929 K
Net change in cash	-1.366 M ^{-178.82 %}	1.733 M ^{999.03 %}	157.703 K ^{-73.44 %}	593.820 K
Cash at beginning of period	2.597 M ^{200.56 %}	864.162 K ^{22.32 %}	706.459 K ^{527.19 %}	112.639 K
Cash at end of period	1.231 M ^{-52.60 %}	2.597 M ^{200.56 %}	864.162 K ^{22.32 %}	706.459 K
Operating cash flow	-8.640 M ^{-214.31 %}	7.559 M ^{1 496.07 %}	473.578 K ^{2.08 %}	463.927 K
Capital expenditure	-9.397 M ^{43.61 %}	-16.663 M ^{-1 302.88 %}	-1.188 M ^{64.52 %}	-3.347 M
Free CashFlow	-18.037 M ^{-98.11 %}	-9.104 M ^{-1 174.78 %}	-714.179 K ^{75.23 %}	-2.883 M
	2011	2010	2009	2008

	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30
Revenue	5.272 M ^{-38.32 %}	8.548 M ^{-22.83 %}	11.076 M ^{87.42 %}	5.910 M ^{-45.32 %}	10.809 M ^{-7.59 %}	11.696 M ^{-4.15 %}	12.202 M ^{6.43 %}	11.465 M ^{4.62 %}	10.959 M ^{90.69 %}	5.747 M
Net income	-1.097 M ^{-231.49 %}	-331.054 K ^{-542.14 %}	74.875 K ^{121.47 %}	-348.662 K ^{-115.58 %}	2.238 M ^{21.24 %}	1.846 M ^{-1.54 %}	1.875 M ^{-13.34 %}	2.164 M ^{-5.99 %}	2.301 M ^{548.83 %}	354.711 K
Income before tax	-1.159 M ^{-212.43 %}	-370.841 K ^{-670.96 %}	64.951 K ^{116.74 %}	-387.915 K ^{-115.33 %}	2.531 M ^{19.45 %}	2.119 M ^{-1.78 %}	2.157 M ^{-13.48 %}	2.493 M ^{8.32 %}	2.301 M ^{548.83 %}	354.711 K
Income before tax ratio	-0.22 ^{-406.54 %}	-0.04 ^{-839.87 %}	0.01 ^{108.93 %}	-0.07 ^{-128.03 %}	0.23 ^{29.25 %}	0.18 ^{2.47 %}	0.18 ^{-18.71 %}	0.22 ^{3.54 %}	0.21 ^{240.25 %}	0.06
EBITDA	-692.140 K ^{-725.81 %}	110.599 K ^{-68.75 %}	353.936 K ^{382.66 %}	-125.217 K ^{-104.59 %}	2.730 M ^{11.89 %}	2.440 M ^{-1.13 %}	2.468 M ^{-9.63 %}	2.730 M ^{9.13 %}	2.502 M ^{299.16 %}	626.837 K
Net income ratio	-0.21 ^{-437.44 %}	-0.04 ^{-672.94 %}	0.01 ^{111.46 %}	-0.06 ^{-128.49 %}	0.21 ^{31.20 %}	0.16 ^{2.72 %}	0.15 ^{-18.58 %}	0.19 ^{-10.14 %}	0.21 ^{240.25 %}	0.06
Ratio EBITDA	-0.13 ^{-1 114.63 %}	0.01 ^{-59.51 %}	0.03 ^{250.81 %}	-0.02 ^{-108.39 %}	0.25 ^{21.07 %}	0.21 ^{3.15 %}	0.20 ^{-15.09 %}	0.24 ^{4.31 %}	0.23 ^{109.32 %}	0.11
Gross profit ratio	0.11 ^{-17.82 %}	0.14 ^{22.36 %}	0.11 ^{-44.19 %}	0.20 ^{-27.82 %}	0.28 ^{22.09 %}	0.23 ^{-0.65 %}	0.23 ^{-12.05 %}	0.27 ^{8.98 %}	0.24 ^{100.79 %}	0.12
Weighted average shs out dil	13.644 M ^{1.22 %}	13.479 M ^{-1.21 %}	13.644 M ^{0.00 %}	13.644 M ^{10.70 %}	12.325 M ^{10.89 %}	11.114 M ^{-0.26 %}	11.144 M ^{0.93 %}	11.041 M ^{0.94 %}	10.938 M ^{0.00 %}	10.938 M
Weighted average shs out	13.644 M ^{1.22 %}	13.479 M ^{-1.21 %}	13.644 M ^{0.00 %}	13.644 M ^{10.70 %}	12.325 M ^{10.89 %}	11.114 M ^{-0.26 %}	11.144 M ^{0.93 %}	11.041 M ^{0.94 %}	10.938 M ^{0.00 %}	10.938 M
EPS diluted	-0.08 ^{-225.72 %}	-0.02 ^{-345.61 %}	0.01 ^{133.33 %}	-0.03 ^{-116.67 %}	0.18 ^{8.37 %}	0.17 ^{-2.29 %}	0.17 ^{-13.25 %}	0.20 ^{-6.68 %}	0.21 ^{547.53 %}	0.03
Earnings per share	-0.08 ^{-225.72 %}	-0.02 ^{-345.61 %}	0.01 ^{133.33 %}	-0.03 ^{-116.67 %}	0.18 ^{8.37 %}	0.17 ^{-2.29 %}	0.17 ^{-13.25 %}	0.20 ^{-6.68 %}	0.21 ^{547.53 %}	0.03
Gross profit	604.988 K ^{-49.31 %}	1.194 M ^{-5.58 %}	1.264 M ^{4.60 %}	1.208 M ^{-60.53 %}	3.062 M ^{12.82 %}	2.714 M ^{-4.77 %}	2.850 M ^{-6.40 %}	3.045 M ^{14.02 %}	2.670 M ^{282.90 %}	697.360 K
Income tax expense	0.000 ^{-100.00 %}	42.606 K ^{54.22 %}	27.627 K ^{27.10 %}	21.736 K ^{-93.07 %}	313.786 K ^{10.18 %}	284.792 K ^{-1.41 %}	288.871 K ^{-14.68 %}	338.586 K	0.000	0.000
Cost of revenue	4.667 M ^{-36.54 %}	7.354 M ^{-25.05 %}	9.812 M ^{108.71 %}	4.701 M ^{-39.31 %}	7.747 M ^{-13.75 %}	8.982 M ^{-3.96 %}	9.352 M ^{11.07 %}	8.420 M ^{1.59 %}	8.288 M ^{64.15 %}	5.049 M
General and administrative expenses	946.673 K ^{-35.83 %}	1.475 M ^{53.20 %}	962.984 K ^{-27.58 %}	1.330 M ^{85.03 %}	718.629 K ^{-3.20 %}	742.375 K ^{30.32 %}	569.659 K ^{41.95 %}	401.317 K ^{1.05 %}	397.155 K ^{4.98 %}	378.320 K
Selling and marketing expenses	224.298 K ^{30.00 %}	172.542 K ^{-14.01 %}	200.642 K ^{-20.76 %}	253.198 K ^{15.70 %}	218.839 K ^{6.81 %}	204.881 K ^{8.18 %}	189.386 K ^{4.12 %}	181.892 K ^{211.54 %}	58.385 K ^{-39.56 %}	96.596 K
Other expenses	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Operating expenses	1.284 M ^{-23.20 %}	1.672 M ^{39.35 %}	1.200 M ^{-25.17 %}	1.603 M ^{68.93 %}	949.174 K ^{-3.13 %}	979.830 K ^{28.62 %}	761.818 K ^{14.53 %}	665.171 K ^{40.15 %}	474.629 K ^{-4.63 %}	497.659 K
Cost and expenses	5.951 M ^{-34.07 %}	9.026 M ^{-18.04 %}	11.012 M ^{74.67 %}	6.305 M ^{-27.50 %}	8.696 M ^{-12.71 %}	9.962 M ^{-1.51 %}	10.114 M ^{11.32 %}	9.085 M ^{3.68 %}	8.763 M ^{57.98 %}	5.547 M
Research and development expenses	113.110 K ^{369.51 %}	24.091 K ^{-33.50 %}	36.228 K ^{76.75 %}	20.497 K ^{75.10 %}	11.706 K ^{-64.06 %}	32.574 K ^{1 074.68 %}	2.773 K ^{-96.62 %}	81.962 K ^{329.37 %}	19.089 K ^{-16.07 %}	22.743 K
Selling general and administrative expenses	1.171 M ^{-28.94 %}	1.648 M ^{41.61 %}	1.164 M ^{-26.49 %}	1.583 M ^{68.85 %}	937.468 K ^{-1.03 %}	947.256 K ^{24.80 %}	759.045 K ^{30.15 %}	583.209 K ^{28.03 %}	455.540 K ^{-4.08 %}	474.916 K
Interest income	4.243 K ^{38.39 %}	3.066 K ^{-34.15 %}	4.656 K ^{4.84 %}	4.441 K ^{84.35 %}	2.409 K ^{-75.89 %}	9.992 K ^{354.60 %}	2.198 K ^{-18.44 %}	2.695 K ^{-77.23 %}	11.836 K ^{168.76 %}	4.404 K
Interest expense	466.460 K ^{79.62 %}	259.698 K ^{230.23 %}	78.641 K ^{27.50 %}	61.680 K ^{418.28 %}	11.901 K ^{-85.74 %}	83.441 K ^{-35.37 %}	129.100 K ^{155.19 %}	50.590 K ^{34.99 %}	37.478 K ^{12.27 %}	33.383 K
Depreciation and amortization	0.000 ^{-100.00 %}	221.742 K ^{5.42 %}	210.344 K ^{4.64 %}	201.018 K ^{7.54 %}	186.924 K ^{-21.29 %}	237.497 K ^{30.88 %}	181.457 K ^{-2.87 %}	186.824 K ^{14.51 %}	163.145 K ^{-31.67 %}	238.743 K
Operating income	-679.093 K ^{-41.94 %}	-478.437 K ^{-845.96 %}	64.137 K ^{116.24 %}	-394.955 K ^{-118.69 %}	2.113 M ^{21.84 %}	1.734 M ^{-16.95 %}	2.088 M ^{-12.25 %}	2.379 M ^{8.37 %}	2.196 M ^{999.42 %}	199.701 K
Operating income ratio	-0.13 ^{-130.13 %}	-0.06 ^{-1 066.65 %}	0.01 ^{108.66 %}	-0.07 ^{-134.19 %}	0.20 ^{31.84 %}	0.15 ^{-13.36 %}	0.17 ^{-17.55 %}	0.21 ^{3.59 %}	0.20 ^{476.54 %}	0.03
Total other income expenses net	-479.507 K ^{-545.66 %}	107.596 K ^{13 118.18 %}	814.000 ^{-88.44 %}	7.040 K ^{-98.32 %}	418.061 K ^{8.68 %}	384.689 K ^{457.20 %}	69.040 K ^{-39.28 %}	113.696 K ^{7.34 %}	105.925 K ^{-31.67 %}	155.010 K
	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30

	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2009-09-30
Net debt	28.413 M ^{9.27 %}	26.003 M ^{2.07 %}	25.475 M ^{70.16 %}	14.971 M ^{61.15 %}	9.290 M ^{-29.75 %}	13.224 M ^{42.27 %}	9.295 M ^{528.55 %}	1.479 M
Total investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total debt	28.916 M ^{6.18 %}	27.234 M ^{1.73 %}	26.772 M ^{57.23 %}	17.027 M ^{5.52 %}	16.136 M ^{1.99 %}	15.821 M ^{40.44 %}	11.265 M ^{380.81 %}	2.343 M
Accumulated other comprehensive income loss	2.382 M ^{16.00 %}	2.053 M ^{19.73 %}	1.715 M ^{24.05 %}	1.383 M ^{16.15 %}	1.190 M ^{33.97 %}	888.532 K ^{57.31 %}	564.830 K ^{21.20 %}	466.035 K
Retained earnings	9.927 M ^{-20.06 %}	12.418 M ^{-2.71 %}	12.764 M ^{0.38 %}	12.715 M ^{-2.77 %}	13.077 M ^{18.31 %}	11.054 M ^{9.72 %}	10.075 M ^{169.77 %}	3.735 M
Common stock	4.366 M ^{0.00 %}	4.366 M ^{0.00 %}	4.366 M ^{0.00 %}	4.366 M ^{0.00 %}	4.366 M ^{22.43 %}	3.566 M ^{0.00 %}	3.566 M ^{1.89 %}	3.500 M
Total equity	26.189 M ^{-8.14 %}	28.508 M ^{-0.24 %}	28.577 M ^{1.34 %}	28.200 M ^{-0.99 %}	28.482 M ^{55.26 %}	18.345 M ^{13.34 %}	16.186 M ^{99.27 %}	8.123 M
Other non current liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Long term debt	0.000 ^{-100.00 %}	3.685 M ^{-45.25 %}	6.730 M ^{-30.60 %}	9.697 M ^{0.79 %}	9.621 M	0.000	0.000	0.000
Total non current liabilities	0.000 ^{-100.00 %}	3.685 M ^{-45.25 %}	6.730 M ^{-30.60 %}	9.697 M ^{0.79 %}	9.621 M	0.000	0.000	0.000
Other current liabilities	2.164 M ^{132.27 %}	931.678 K ^{41.50 %}	658.426 K ^{-87.69 %}	5.349 M ^{13.44 %}	4.715 M ^{204.40 %}	1.549 M ^{-51.91 %}	3.221 M ^{-34.80 %}	4.940 M
Deferred revenue	0.000	0.000	0.000	0.000	0.000 ^{-100.00 %}	110.106 K ^{-59.40 %}	271.196 K ^{-64.09 %}	755.113 K
Short term debt	28.916 M ^{22.79 %}	23.550 M ^{17.50 %}	20.042 M ^{173.42 %}	7.330 M ^{12.51 %}	6.515 M ^{-58.82 %}	15.821 M ^{40.44 %}	11.265 M ^{380.81 %}	2.343 M
Total current liabilities	41.172 M ^{27.23 %}	32.361 M ^{4.12 %}	31.081 M ^{42.20 %}	21.857 M ^{3.24 %}	21.171 M ^{-19.63 %}	26.341 M ^{10.47 %}	23.846 M ^{86.24 %}	12.803 M
Total liabilities	41.172 M ^{14.22 %}	36.046 M ^{-4.67 %}	37.812 M ^{19.83 %}	31.554 M ^{2.48 %}	30.792 M ^{16.90 %}	26.341 M ^{10.47 %}	23.846 M ^{86.24 %}	12.803 M
Other non current assets	1.998 M ^{-6.21 %}	2.130 M ^{-44.50 %}	3.839 M ^{11.98 %}	3.428 M ^{61.57 %}	2.122 M ^{-81.37 %}	11.386 M ^{222.04 %}	3.535 M ^{2 827.90 %}	120.750 K
Long term investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Intangible assets	2.262 M ^{-0.62 %}	2.276 M ^{0.21 %}	2.271 M ^{0.18 %}	2.267 M ^{-0.19 %}	2.272 M ^{0.23 %}	2.267 M ^{256.10 %}	636.496 K ^{-37.19 %}	1.013 M
GoodWill	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.262 M ^{-0.62 %}	2.276 M ^{0.21 %}	2.271 M ^{0.18 %}	2.267 M ^{-0.19 %}	2.272 M ^{0.23 %}	2.267 M ^{256.10 %}	636.496 K ^{-37.19 %}	1.013 M
Property plant equipment net	34.948 M ^{2.50 %}	34.094 M ^{8.19 %}	31.513 M ^{6.23 %}	29.664 M ^{9.02 %}	27.211 M ^{110.83 %}	12.907 M ^{8.46 %}	11.900 M ^{41.80 %}	8.392 M
Total non current assets	39.208 M ^{1.84 %}	38.501 M ^{2.33 %}	37.623 M ^{6.40 %}	35.360 M ^{11.88 %}	31.604 M ^{19.00 %}	26.559 M ^{65.25 %}	16.072 M ^{68.72 %}	9.526 M
Other current assets	5.400 M ^{24.87 %}	4.325 M ^{-14.40 %}	5.052 M ^{6.20 %}	4.757 M ^{28.34 %}	3.707 M ^{5.48 %}	3.515 M ^{-20.58 %}	4.425 M ^{87.17 %}	2.364 M
Short term investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	503.214 K ^{-59.13 %}	1.231 M ^{-5.10 %}	1.297 M ^{-36.91 %}	2.056 M ^{-69.96 %}	6.846 M ^{163.59 %}	2.597 M ^{31.83 %}	1.970 M ^{127.99 %}	864.162 K
Cash and short term investments	503.214 K ^{-59.13 %}	1.231 M ^{-5.10 %}	1.297 M ^{-36.91 %}	2.056 M ^{-69.96 %}	6.846 M ^{163.59 %}	2.597 M ^{31.83 %}	1.970 M ^{127.99 %}	864.162 K
Total current assets	28.153 M ^{8.06 %}	26.053 M ^{-9.43 %}	28.765 M ^{17.92 %}	24.395 M ^{-11.84 %}	27.670 M ^{52.64 %}	18.128 M ^{-24.34 %}	23.960 M ^{110.17 %}	11.400 M
Inventory	16.643 M ^{27.94 %}	13.009 M ^{3.22 %}	12.603 M ^{20.55 %}	10.455 M ^{70.93 %}	6.116 M ^{31.07 %}	4.666 M ^{-21.03 %}	5.910 M ^{70.19 %}	3.472 M
Net receivables	5.607 M ^{-25.13 %}	7.489 M ^{-23.69 %}	9.813 M ^{37.70 %}	7.126 M ^{-35.21 %}	11.000 M ^{49.67 %}	7.349 M ^{-36.94 %}	11.655 M ^{148.01 %}	4.699 M
Tax assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other assets	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	10.028 M ^{30.30 %}	7.696 M ^{-24.67 %}	10.217 M ^{13.80 %}	8.978 M ^{0.53 %}	8.931 M ^{9.47 %}	8.158 M ^{0.23 %}	8.140 M ^{70.79 %}	4.766 M
Tax payables	63.876 K ^{-65.24 %}	183.782 K ^{11.97 %}	164.130 K ^{-17.86 %}	199.827 K ^{-80.20 %}	1.009 M ^{43.64 %}	702.713 K ^{-25.96 %}	949.102 K	0.000
Deferred revenue non current	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Minority interest	290.473 K ^{-34.94 %}	446.472 K ^{-14.62 %}	522.944 K ^{-5.48 %}	553.268 K ^{190.71 %}	-609.897 K ^{-197.77 %}	623.779 K ^{-1.71 %}	634.633 K	0.000
Capital lease obligations	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Preferred stock	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	9.224 M ^{0.00 %}	9.224 M ^{0.16 %}	9.209 M ^{0.28 %}	9.183 M ^{-12.19 %}	10.458 M ^{372.49 %}	2.213 M ^{64.41 %}	1.346 M ^{218.79 %}	422.321 K
Deferred tax liabilities non current	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	67.361 M ^{4.35 %}	64.554 M ^{-2.76 %}	66.389 M ^{11.10 %}	59.754 M ^{0.81 %}	59.274 M ^{32.64 %}	44.687 M ^{11.63 %}	40.032 M ^{91.30 %}	20.926 M
	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2009-09-30

	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	1.100 M ^{125.24 %}	-4.358 M ^{-68.41 %}	-2.588 M ^{50.33 %}	-5.210 M ^{-191.63 %}	5.686 M ^{241.21 %}	-4.026 M ^{-338.23 %}	-918.814 K ^{36.19 %}	-1.440 M ^{-535.63 %}	330.540 K
Accounts receivables	1.280 M ^{144.72 %}	-2.862 M ^{-161.72 %}	4.638 M ^{231.85 %}	-3.518 M ^{-180.27 %}	4.383 M ^{209.60 %}	-3.999 M ^{-1 730.42 %}	245.263 K ^{106.98 %}	-3.512 M ^{-564.75 %}	755.658 K
Inventory	-281.581 K ^{86.04 %}	-2.017 M ^{52.63 %}	-4.258 M ^{-209.37 %}	-1.376 M ^{-205.71 %}	1.302 M ^{256.64 %}	-831.195 K ^{-268.10 %}	494.476 K ^{123.90 %}	-2.069 M ^{-170.15 %}	-765.730 K
Accounts payables	-2.587 M ^{-333.54 %}	1.108 M ^{5 799.59 %}	-19.438 K ^{-102.96 %}	656.097 K ^{817.91 %}	-91.390 K ^{-116.59 %}	550.747 K ^{130.16 %}	-1.826 M ^{-139.65 %}	4.605 M ^{974.57 %}	-526.552 K
Other working capital	2.689 M ^{557.85 %}	-587.224 K ^{80.09 %}	-2.949 M ^{-203.40 %}	-971.984 K ^{-1 151.84 %}	92.408 K ^{-63.44 %}	252.773 K ^{50.96 %}	167.448 K ^{136.06 %}	-464.377 K ^{-153.55 %}	867.164 K
Other non cash items	-150.457 K ^{-510.27 %}	36.673 K ^{177.84 %}	-47.116 K ^{64.35 %}	-132.172 K ^{36.36 %}	-207.690 K ^{-27.92 %}	-162.355 K ^{-0.58 %}	-161.414 K ^{0.28 %}	-161.874 K ^{8.93 %}	-177.746 K
Net cash provided by operating activities	1.171 M ^{128.49 %}	-4.111 M ^{-47.75 %}	-2.783 M ^{4.60 %}	-2.917 M ^{-138.50 %}	7.578 M ^{455.94 %}	-2.129 M ^{-270.21 %}	1.251 M ^{44.95 %}	862.827 K ^{15.62 %}	746.248 K
Investments in property plant and equipment	-551.372 K ^{75.09 %}	-2.213 M ^{32.89 %}	-3.298 M ^{1.06 %}	-3.334 M ^{67.70 %}	-10.321 M ^{-261.96 %}	-2.851 M ^{-13.65 %}	-2.509 M ^{-608.90 %}	-353.919 K ^{-0.43 %}	-352.393 K
Acquisitions net	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other investing activites	416.353 K ^{-40.63 %}	701.228 K ^{251.27 %}	-463.563 K ^{42.42 %}	-805.009 K ^{-159.35 %}	1.356 M ^{249.36 %}	-908.074 K ^{0.63 %}	-913.826 K ^{-219.85 %}	762.492 K ^{295.67 %}	-389.676 K
Net cash used for investing activites	-135.019 K ^{91.07 %}	-1.512 M ^{59.80 %}	-3.762 M ^{9.11 %}	-4.139 M ^{53.83 %}	-8.964 M ^{-138.45 %}	-3.759 M ^{-9.84 %}	-3.423 M ^{-937.73 %}	408.573 K ^{155.06 %}	-742.069 K
Debt repayment	-1.262 M ^{-126.30 %}	4.800 M ^{-57.78 %}	11.368 M ^{291.44 %}	-5.938 M ^{-382.51 %}	2.102 M	0.000	0.000 ^{100.00 %}	-378.160 K ^{62.14 %}	-998.777 K
Common stock issued	2.474 M ^{2 550 542.27 %}	-97.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000	0.000
Other financing activites	-2.370 M	0.000 ^{100.00 %}	-9.626 M ^{-156.12 %}	17.152 M ^{32 795.49 %}	-52.460 K	0.000	0.000 ^{100.00 %}	-70.316 K ^{-104.71 %}	1.493 M
Net cash used provided by financing activities	-1.159 M ^{-124.14 %}	4.800 M ^{175.51 %}	1.742 M ^{-84.46 %}	11.214 M ^{447.16 %}	2.049 M	0.000	0.000 ^{100.00 %}	-448.476 K ^{-190.72 %}	494.343 K
Effect of forex changes on cash	56.422 K ^{-13.06 %}	64.897 K ^{428.65 %}	12.276 K ^{-86.48 %}	90.802 K ^{355.53 %}	-35.535 K	0.000	0.000 ^{-100.00 %}	4.511 K ^{373.35 %}	953.000
Net change in cash	-66.128 K ^{91.29 %}	-759.028 K ^{84.15 %}	-4.790 M ^{-212.73 %}	4.249 M ^{577.50 %}	627.178 K	0.000	0.000 ^{-100.00 %}	827.435 K ^{65.66 %}	499.475 K
Cash at beginning of period	1.297 M ^{-36.91 %}	2.056 M ^{-69.96 %}	6.846 M ^{163.59 %}	2.597 M ^{31.83 %}	1.970 M	0.000	0.000 ^{-100.00 %}	864.161 K ^{136.96 %}	364.687 K
Cash at end of period	1.231 M ^{-5.10 %}	1.297 M ^{-36.91 %}	2.056 M ^{-69.96 %}	6.846 M ^{163.59 %}	2.597 M	0.000	0.000 ^{-100.00 %}	1.692 M ^{95.75 %}	864.162 K
Operating cash flow	1.171 M ^{128.49 %}	-4.111 M ^{-47.75 %}	-2.783 M ^{4.60 %}	-2.917 M ^{-138.50 %}	7.578 M ^{455.94 %}	-2.129 M ^{-270.21 %}	1.251 M ^{44.95 %}	862.827 K ^{15.62 %}	746.248 K
Capital expenditure	-551.372 K ^{75.09 %}	-2.213 M ^{32.89 %}	-3.298 M ^{1.06 %}	-3.334 M ^{67.71 %}	-10.322 M ^{-261.91 %}	-2.852 M ^{9.00 %}	-3.134 M ^{-785.58 %}	-353.919 K ^{-0.43 %}	-352.393 K
Free CashFlow	619.840 K ^{109.80 %}	-6.325 M ^{-4.01 %}	-6.081 M ^{2.71 %}	-6.251 M ^{-127.71 %}	-2.745 M ^{44.89 %}	-4.981 M ^{-164.46 %}	-1.884 M ^{-470.11 %}	508.908 K ^{29.21 %}	393.855 K
	2011	2011	2011	2010	2010	2010	2010	2009	2009

Date	Form 10K
2011
2010
2009
2008

Lizhan Environmental Corporation LZENF

Finances

Lizhan Environmental Corporation ^LZENF