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Biostar Pharmaceuticals Inc (BSPM)

Biostar Pharmaceuticals Inc (BSPM)
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BioStar Pharmaceuticals, Inc., through its wholly-owned subsidiary, Shaanxi Aoxing Pharmaceutical Co., Ltd., develops, manufactures and markets pharmaceutical and medical nutrient products for a variety of diseases and conditions. The Company's most popular product is its Xin Ao Xing Oleanolic Acid Capsule, an over-the-counter medicine for chronic hepatitis B, a disease affecting approximately 10% of the Chinese population. In addition to its hepatitis product, Biostar manufactures two broad-based over-the-counter products, two prescription-based pharmaceuticals and ten nutrients. The Company has adopted international standards and is in the process of applying for three patents. It also operates an herbal medicine planting base which provides it with many of its needed materials at a significantly lower cost than purchasing from third parties, and eliminates most needs for transportation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Sales 2,380 27,130 61,420 52,730 49,320
Sales Growth -91.23% -55.83% +16.48% +6.91% -46.37%
Net Income -5,700 -25,110 4,850 810 -20,000
Net Income Growth +77.30% -617.73% +498.76% +104.05% -264.34%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Total Assets 42,500 51,360 81,250 67,560 70,480
Total Assets Growth -17.25% -36.79% +20.26% -4.14% -15.15%
Total Liabilities 5,620 7,100 8,910 4,790 12,700
Total Liabilities Growth -20.85% -20.31% +86.01% -62.28% +90.69%
(Values in U.S. Thousands) Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013 Dec, 2012
Operating Cash Flow 4,910 5,880 3,310 8,910 -3,580
Operating Cash Flow Growth -16.50% +77.64% -62.85% +348.88% -140.82%
Net Cash Flow 130 -1,650 1,610 -1,680 -15,210
Change in Net Cash Flow +107.88% -202.48% +195.83% +88.95% -504.52%
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