OTC Bulletin Board
S & P Company Insight for CHINA VITUP HEALTH |
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Profile
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| Business Summary: China Vitup Health Care Holdings, Inc., through its subsidiaries and operating affiliate, provides individualized healthcare and preventive care services at private medical facilities in China. | | | Address 108-1 Nashan Road, Zhongshan District
Dalian
, Liaoning Province 116620
Phone: 86 411 8265 3668
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ZYCPA Company Limited
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Corporate Stock Transfer, Inc.
| Employees: 107 ShareHolders: 40 | Founded: 2003 Domicile: Nevada | | | |
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Background
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| China Vitup Health Care Holdings, Inc., through its subsidiaries and operating affiliate, provides individualized healthcare and preventive care services at private medical facilities in China. The company, through its operating affiliate's preventative care medical facility in Dalian, China, provides integrated health management services, including physical examinations, health management plans, and guidance for medical treatment; and assists patients in maintaining healthy status by monitoring, analyzing, and evaluating the patients, as well as by predicting various risk factors that affect the health and well being of patients. It serves enterprises, government agencies, financial agencies and insurance companies, members, and individuals. China Vitup Health Care Holdings is based in Dalian, the People's Republic of China. | | History: INCORPORATED in Nevada Sept. 15, 2006, as a wholly owned subsidiary of Tubac Holdings, Inc., a Wyoming corporation; and on Oct. 2, 2006, merged its parent on a share-for-share basis.
Former parent was originally incorporated in Canada Feb. 24, 2003, as Second Bavarian Mining Consulting Services, Inc. On Aug. 10, 2004, Second Bavarian changed its name to Tubac Holdings, Inc. and was continued in Wyoming.
November 15, 2006, acquired China Vitup Healthcare Holdings, Inc., a British Virgin Islands corporation organized on June 29, 2006, for 13,460,202 Common shares. | | | | Subsidiaries: |
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China Vitup Healthcare Holdings, Inc. (British Virgin Islands) Dalian Vitup Management Holdings Co., Ltd.
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Management
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Management
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| Officers | Position |
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| ShuBin Wang | Chairman | | Liming Gong | President | | Feng Gu | Chief Executive Officer | | Chunxiang Li | Chief Financial Officer | | Chaobo Guo | Chief Operating Officer |
| | Directors |
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| Liming Gong | | Feng Gu | | ShuBin Wang | | Xun Yuan | | Laifu Zhong | | | |
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Annual Report
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| Annual Report |
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| | | Income Statement | |
| 2009 | 2008 |
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| REVENUES |
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| | Operating Revenues, Net | 2,411,043 | 2,033,156 | | EXPENSES |
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| | Cost of Revenue (inclusive of Depreciation) | (1,299,275) | (1,150,507) | | Rental Expense-related Party | (51,718) | (50,816) | | General and Administrative | (777,272) | (459,867) | | Depreciation | (153,773) | (198,937) | | Interest Income | 752 | 559 | | Earnings before Taxes | 129,757 | 173,588 | | TAXES AND OTHER EXPENSES |
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| | Provision for Income Tax | (77,483) | (52,970) | | Net Income (Loss) | 52,274 | 120,618 | | SUPPLEMENTARY INFO |
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| | Gross Profit/loss | 1,111,768.00 | 882,649.00 | | Operating Income (Loss) | 129,005.00 | 173,029.00 | | Basic and diluted EPS | Nil | 0.01 |
| | | | Balance Sheet | |
| 2009 | 2008 |
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| ASSETS |
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| | CURRENT ASSETS |
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| | Cash and Cash Equivalents | 504,676 | 395,156 | | Accounts Receivable Trade | 277,181 | 99,188 | | Inventories | 4,332 | 536 | | Prepayments, Deposits and Other Receivables | 418,256 | 364,547 | | Amounts Due from Directors | - | 519,358 | | Total Current Assets | 1,204,445 | 1,378,785 | | NON CURRENT ASSETS |
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| | Plant and Equipment, Net | 1,710,548 | 1,255,136 | | Total Assets | 2,914,993 | 2,633,921 | | LIABILITIES |
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| | CURRENT LIABILITIES |
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| | Accounts Payable | 229,136 | 207,135 | | Accrued Liabilities and Other Payables | 184,629 | 171,009 | | Income Tax Payable | 25,872 | 19,392 | | Deferred Revenue | 13,961 | 20,558 | | Amounts Due to Directors | 187,103 | - | | Total Current Liabilities | 640,701 | 418,094 | | NON CURRENT LIABILITIES |
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| | Note Payable-related Party | 1,143,672 | 1,141,076 | | SHAREHOLDERS' EQUITY |
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| | Common Stock - Par Value | 1,500 | 1,500 | | Additional Paid in Capital | 167,481 | 167,481 | | Retained Earnings | 686,895 | 671,246 | | Statutory Reserves | 239,261 | 202,636 | | Accumulated Other Comprehensive Income | 132,495 | 128,900 | | Equity of Vie | (97,012) | (97,012) | | Total Shareholders Equity | 1,130,620 | 1,074,751 | | Total Liabilities & Shareholders Equity | 2,914,993 | 2,633,921 |
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Interim Report
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| Interim Report
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| | | Data Not Available | | | | | | | | | |
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Pro Forma Report
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| Pro Forma Report
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| | | Data Not Available | | | | | | | | | |
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Quarterly Report
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| Quarterly Report Information
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| | | Quarterly Revenue, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | 500,000 | | 2009 |
1 | 230,000 | | 2009 |
2 | 520,000 | | 2009 |
3 | 560,000 | | 2009 |
4 | 1,090,000 | | 2009 |
Full Year
| 2,410,000 | | 2008 |
1 | 300,000 | | 2008 |
2 | 580,000 | | 2008 |
3 | 470,000 | | 2008 |
4 | 680,000 | | 2008 |
Full Year
| 2,030,000 | | 2007 |
1 | 280,000 | | 2007 |
2 | 450,000 | | 2007 |
3 | 580,000 | | 2007 |
4 | 700,000 | | 2007 |
Full Year
| 2,020,000 | | 2006 |
3 | 130,000 | | 2006 |
4 | 870,000 | | 2006 |
Full Year
| 990,000 |
| | | | | | Quarterly Net Income, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | (60,000) | | 2009 |
2 | 120,000 | | 2009 |
3 | 60,000 | | 2009 |
4 | 80,000 | | 2009 |
Full Year
| 50,000 | | 2008 |
Full Year
| 120,000 | | 2007 |
Full Year
| 410,000 | | 2006 |
Full Year
| 340,000 |
| | | | | | Quarterly EPS, US$ |
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| Year | Quarter | Revenue | | 2010 |
1 | Nil | | 2009 |
1 | (.01) | | 2009 |
2 | .01 | | 2009 |
3 | Nil | | 2009 |
4 | .01 | | 2009 |
Full Year
| Nil | | 2008 |
1 | (.01) | | 2008 |
2 | .01 | | 2008 |
3 | Nil | | 2008 |
4 | .01 | | 2008 |
Full Year
| .01 | | 2007 |
1 | (.01) | | 2007 |
2 | Nil | | 2007 |
3 | .01 | | 2007 |
4 | .02 | | 2007 |
Full Year
| .03 | | 2006 |
4 | .02 | | 2006 |
Full Year
| .03 |
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Stock Data
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| | | Capitalization as of 12/31/2009: | | | | | Authorized Shares | Outstanding Shares |
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| Preferred $0.001 par | 10,000,000 | None | | Common $0.0001 par | 500,000,000 | 15,000,000 |
| | | | LONG TERM DEBT: $1,143,672. | | | | Common $0.0001 par | | | |
Stockholders:
03/31/2010,
40.
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Transfer Agent: Corporate Stock Transfer, Inc.
Denver
, CO | | | | OTC Bulletin Board( Primary): CVPH | | | | Exchange | Year | High | Low |
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| OTC Bulletin Board | 2009 | 2.0000 | 0.0200 | | Over The Counter | 2008 | 2.0000 | 0.2000 | | Over The Counter | 2007 | 2.2500 | 0.0001 |
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| | | | DIVIDENDS: Common $0.0001 par: No cash. | | | | | |
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