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CONSOLIDATED STATEMENTS OF OPERATIONS
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
USD ($)
Dec. 31, 2011
CNY
Dec. 31, 2010
CNY
Dec. 31, 2009
CNY
Dec. 31, 2009
Series A preferred shares
CNY
Dec. 31, 2009
Series B preferred shares
CNY
Revenues, net of business tax, value- added tax and related surcharges :            
Lease and management services $ 60,449 380,457 349,248 260,162    
Management services 5,336 33,584 22,805 28,739    
Other, net 5,733 36,084 17,471 3,535    
Total net revenues 71,518 450,125 389,524 292,436    
Cost of revenues:            
Lease and management services (20,927) (131,710) (93,771) (60,937)    
Amortization of acquired intangibles (3,981) (25,058) (26,488) (26,493)    
Management services (421) (2,648) (2,441) (131)    
Total cost of revenues (25,329) (159,416) (122,700) (87,561)    
Gross profit 46,189 290,709 266,824 204,875    
Operating expenses:            
Selling expenses (5,951) (37,453) (17,150) (7,675)    
General and administrative expenses (12,810) (80,628) (66,789) (29,821)    
Asset impairment (53,057) (333,934) (3,219)      
Total operating expenses (71,818) (452,015) (87,158) (37,496)    
Operating income (loss) (25,629) (161,306) 179,666 167,379    
Interest expense (including related party amounts of RMB55, nil and nil for the years ended December 31, 2009, 2010 and 2011, respectively) (1,025) (6,454) (7,448) (6,891)    
Foreign exchange losses, net (1,744) (10,975) (5,436) (213)    
Gain from disposal of property, plant and equipment     543      
Interest income 2,122 13,357 7,865 948    
Other (expense) income 55 346 (399)      
Income (loss) before income taxes (26,221) (165,032) 174,791 161,223    
Income tax expenses (7,360) (46,320) (43,873) (36,396)    
Net income (loss) (33,581) (211,352) 130,918 124,827    
Accretion of contingently redeemable convertible preferred shares         (30,050) (48,359)
Net income attributable to non-controlling interests 580 3,651 1,518      
Net income (loss) attributable to ordinary shareholders $ (34,161) (215,003) 129,400 46,418    
Income (loss) per share            
Basic/Diluted $ (0.24) (1.51) 0.89 0.62    
Weighted average number of ordinary shares outstanding:            
Basic/Diluted 142,251,454 142,251,454 146,040,594 74,648,779