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CHINA AGRITECH INC (NASDAQ:CAGC)

Thursday, August 27, 2009

2nd QUARTER 2009 vs. 2008 FINANCIAL SNAPSHOT ENDED JUNE

	2nd Quarter 2009	2nd Quarter 2008	Period Change
GAAP Revenue	$21.0 million	$13.4 million	57.0%
GAAP EPS ^a	$0.22	$0.12	83.3%
Tax Rate	21.5%	29.9%	-28.1%
Fully Tax-Adjusted EPS ^b	$0.18	$0.11	63.6%
Fully Diluted Shares ^c	25,313,241	24,699,615	2.5%

^a2009 EPS includes approximately $0.02 due to a reclassification of marketing rebate of approximately $716,478 from selling expenses to net revenues.

^bCAGC is not paying a full U.S. tax rate. Therefore, all EPS numbers have been adjusted by the GeoTeam® to reflect a tax rate of 36%.

^cCAGC plans on affecting a 4 for 1 reverse split which should help the Company qualify for an upgrade to a senior exchange.

Source: See Release, August 17, 2009
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1st QUARTER 2009 vs. 2008 FINANCIAL SNAPSHOT ENDED MARCH

	1st Quarter 2009	1st Quarter 2008	Period Change
GAAP Revenue	$7.3 million	$7.1 million	2.8%
GAAP EPS	$0.04	$0.05	-20.0%
Tax Rate	36.0%	33.8%	6.5%
Fully Tax-Adjusted EPS	$0.04	$0.05	-20.0%
Fully Diluted Shares	24,699,615	24,699,615	0.0%

Source: See Release, May 14, 2009

FULL YEAR 2008 vs. 2007 FINANCIAL SNAPSHOT ENDED DECEMBER

	Full Year 2008	Full Year 2007	Period Change
GAAP Revenue	$45.2 million	$38.0 million	18.9%
GAAP EPS	$0.35	$0.39	-10.3%
Geo Calculated Non-GAAP EPS ^d	$0.39	$0.44	$-11.4
Tax Rate	29.7%	33.4%	-11.1%
Geo Calculated Fully Tax-Adjusted Non-GAAP EPS	$0.35	$0.42	-20.0%
Fully Diluted Shares	24,699,615	21,929,031	12.6%

Source: See Release, March 31, 2009

^d Non-GAAP EPS Figures exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . The GeoTeam® non-GAAP figures may, from time to time, differ from company supplied figures.

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