NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Overview We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and reopened in September 2009. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. The agreements relating to the management of these properties are discussed in more detail in Item 1 of this report. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our business is not seasonal in n...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Financials

PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue1,684  1,639  2,014  1,885  Cost of Revenue533  340  389  398  Gross Profit1,151  1,299  1,625  1,487  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative349  484  393  315  Non Recurring -   -   -   -  Others28  188  187  269  Total Operating Expenses -   -   -   -  Operating Income or Loss774  627  1,045  903  Income from Continuing OperationsTotal Other Income/Expenses Net4  3  16  7  Earnings Before Interest And Taxes777  630  1,062  911  Interest Expense -   -   -   -  Income Before Tax777  630  1,062  911  Income Tax Expense194  157  265  233  Minority Interest -   -   -   -  Net Income From Continuing Ops583  472  796  678  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   -   -  Effect Of Accounting Changes - ...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Overview We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and is expected to reopen in June 2009. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. The agreements relating to the management of these properties are discussed in more detail in Item 1 of this report. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our business is not seaso...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operation You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Overview We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and is expected to reopen in June 2009. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. The agreements relating to the management of these properties are discussed in more detail in Item 1 of this report. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our business is not seaso...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Overview We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and is expected to reopen in June 2009. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. The agreements relating to the management of these properties are discussed in more detail in Item 1 of this report. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our busine...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-Q/A, Quarterly Report

ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND PLAN OF OPERATION You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. OVERVIEW We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and is expected to reopen in July 2008. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our business is not seasonal in nature. Results of Operations Three and Six Months Ended June 30, 2008 Material ...
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NEW TAOHUAYUAN CULTURE TOURISM CO., LTD. Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND PLAN OF OPERATION You should read the following discussion and analysis of our financial condition and results of operations in conjunction with our financial statements and the related notes included elsewhere in this report. Our financial statements have been prepared in accordance with U.S. GAAP. In addition, our financial statements and the financial data included in this report reflect our reorganization and have been prepared as if our current corporate structure had been in place throughout the relevant periods. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. OVERVIEW We own and operate the Taohuayuan Inn hotel and resort located in the city of Xi'an, province of Shaanxi, in the PRC. The Taohuayuan Inn has 23 courtyards with 146 rooms and 292 beds. We manage the DongJin Taoyuan Villas, a hotel and resort property approximately 10 miles from downtown Xi'an. DongJin Taoyuan Villas has 84 rooms and 168 beds. This property closed for major remodeling in 2006 and is expected to reopen in July 2008. We also manage a chain of four traditional Chinese restaurants. Two of the restaurants are in Xi'an, and one is in Beijing. We receive fees for managing the DongJin Taoyuan Villas and the three restaurants. Room rates in the Shaanxi province are established by the Shaanxi Price Bureau. Room rates are established for each hotel or resort in the Shaanxi Province and are based upon a number of factors, including the quality of the property and amenities offered. Room rates may be changed at any time by the Shaanxi Price Bureau based upon economic conditions in China. Our business is not seasonal in nature. Results of Operations Three and Nine Months Ended September 30, 2008 ...
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