Zhong Wen International Holding Co., Ltd.

CIK:0001494502|SEC Filings

NOTE 6 - EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2012

NOTE 6. EARNINGS PER SHARE

Earnings per share are computed using the weighted average number of the common shares outstanding during the periods. There were no dilutive common stock equivalents for the nine months ended September 30, 2012 and 2011, respectively.

The following table sets forth the computation of earnings per share for the nine months ended:

	For the nine months ended
	9/30/2012		9/30/2011
Numerator:
- Net income	$	44,021	$	114,535

Denominator:
- Weighted average common shares outstanding		4,000,000		4,000,000

Earnings per share	$	0.01	$	0.04

Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
Statements of Cash Flows (Unaudited) (USD $)	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities
Net Income	$ 44,021	$ 114,535
Changes in operating assets and liabilities:
Trade receivables	49,834	(215,123)
Prepayment, deposits and other receivables	1,028,453	(8,163)
Other payables and accrued expenses	(99,183)	22,242
Income tax payables	(13,010)	6,252
Net cash provided by (used in) operating activities	1,010,115	(80,257)
Cash flows from financing activities:
Amount due to a director	130,000	22,031
Net cash provided by financing activities	130,000	22,031
Effect of exchange rate	8,220	36,592
Increase in cash and cash equivalents	1,148,335	(21,634)
Cash and cash equivalents at beginning of period	67,003	90,718
Cash and cash equivalents at end of period	1,215,338	69,084
Cash paid for:
Income tax	38,680	47,415
Interest

Balance Sheets (Unaudited) (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 1,215,338	$ 67,003
Trade receivables	267,695	317,500
Deposits		1,034,624
Total current assets	1,483,033	1,419,127
TOTAL ASSETS	1,483,033	1,419,127
LIABILITIES AND STOCKHOLDERS DEFICIT
Amount due to a director	1,431,283	1,301,283
Income tax payables	1,280	14,366
Other payables and accruals	121,797	220,965
Total current liabilities	1,554,360	1,536,614
Stockholders' deficit
Common stock Authorized: 6,000,000 shares, par value $0.001,Issued and outstanding: 4,000,000 shares at September 30, 2012 and December 31, 2011	4,000	4,000
Additional paid-in-capital	36,000	36,000
Accumulated other comprehensive income	70,724	68,585
Statutory reserve - restricted	30,867	23,238
Retained deficit	(212,918)	(249,310)
TOTAL STOCKHOLDERS DEFICIT	(71,327)	(117,487)
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	$ 1,483,033	$ 1,419,127