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Tianyin Pharmaceutical Co (TPI)

Tianyin Pharmaceutical Co (TPI)
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TIANYIN is a manufacturer and supplier of modernized Traditional Chinese Medicine in China. It has a comprehensive product portfolio of 33 modernized TCMs and 4 generic western medicines in the market, 22 of which are listed in the highly selective National Medicine Catalog of the National Medical Insurance Program. Tianyin owns and operates two GMP manufacturing facilities and an R&D platform supported by leading Chinese academic institutions. The Company has a pipeline of 48 pharmaceutical products pending approval. Tianyin has an extensive nationwide distribution network throughout China with a sales force of 720 salespeople.
(Values in U.S. Thousands) Jun, 2014 Jun, 2013 Jun, 2012 Jun, 2011 Jun, 2010
Sales 46,560 67,500 69,610 95,200 63,930
Sales Growth -31.02% -3.03% -26.88% +48.91% +49.06%
Net Income -640 6,670 6,360 15,660 11,880
Net Income Growth -109.60% +4.87% -59.39% +31.82% +50.38%
(Values in U.S. Thousands) Jun, 2014 Jun, 2013 Jun, 2012 Jun, 2011 Jun, 2010
Total Assets 106,860 110,140 104,320 90,200 69,730
Total Assets Growth -2.98% +5.58% +15.65% +29.36% +53.83%
Total Liabilities 9,120 11,900 14,800 8,920 12,210
Total Liabilities Growth -23.36% -19.59% +65.92% -26.95% +178.77%
(Values in U.S. Thousands) Jun, 2014 Jun, 2013 Jun, 2012 Jun, 2011 Jun, 2010
Operating Cash Flow 2,460 8,250 7,950 14,190 15,400
Operating Cash Flow Growth -70.18% +3.77% -43.97% -7.86% unch
Net Cash Flow -10,710 -8,330 3,430 4,720 14,650
Change in Net Cash Flow -28.57% -342.86% -27.33% -67.78% unch
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