China Precision Stl (CPSL) Balance Sheet

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Cash and cash equivalents	44.97K
Trade, net of allowances of $1,076,798 and $1,063,620 at September 30 and June 30, 2011, respectively	2.23M
Bills receivable
Other	310.72K
Inventories	9.27M
Prepaid expenses	113.65K
Advances to suppliers, net of allowance of $1,745,638 and $1,724,275 at September 30 and June 30, 2011, respectively	917.48K
Total current assets	15.33M
Property, plant and equipment, net
Construction-in-progress	412.43K
Property, Plant and Equipment, Net, Total	48.65M
Intangible assets, net	1.82M
Goodwill	100K
Total assets	66.3M
Short-term loans
Long-term loan - current portion
Accounts payable and accrued liabilities	15.33M
Advances from customers	4.31M
Other taxes payables
Current income taxes payable	124.52K
Total current liabilities	63.69M
Long-term loan
Preferred stock: $0.001 per value, 8,000,000 shares authorized, no shares outstanding at September 30 and June 30, 2011, respectively	0
Common stock: $0.001 par value, 62,000,000 shares authorized, 46,562,955 and 46,562,955 issued and outstanding September 30 and June 30, 2011, respectively	3.93K
Additional paid-in capital
Accumulated other comprehensive income	21.42M
Retained earnings	-94.54M
Total stockholders' equity	2.62M
Total liabilities and stockholders' equity	66.3M

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