SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2010

SEGMENT INFORMATION

SEGMENT INFORMATION

Note 23 - Segment Information

ASC 280-10 (formerly SFAS 131), "Disclosure about Segments of an Enterprise and Related Information" requires that companies disclose segment data based on how management makes decision about allocating resources to segments and evaluating their performance.

The Company has re-evaluated the structure of its organization and has determined, based on the requirements of SFAS 131, that the Company has the following three reportable segments, identified based on the nature of products, the type or class of customers, and the methods used to distribute the Company's products:

▪   Retail sales of Compressed Natural Gas ("CNG") through operation of CNG filling stations;

▪   Retail sales of Liquefied Petroleum Gas ("LPG") through operation of LPG filling stations; and

▪   Wholesale of CNG and LPG

During the ended September 30, 2011, all of the Company's operations were carried out in one geographical segment - China.

The following table sets out the Company's segment information. The "Unallocated" column in the following table contains the reconciliation between the amounts for reportable segments and the consolidated amounts, which consists primarily of corporate items not allocated to the operating segments, intersegment eliminations. Intersegment sales are accounted for at fair value as if sales were to third parties.

	For the Nine Months Ended September 30,
Sales from external customers	2011			2010
CNG retail	$	4,933,218		$	5,383,731
LPG retail		218,015			512,438
CNG and LPG wholesale		14,693,777			8,872,819
Unallocated		4,768,096			1,954,493
Consolidated	$	24,613,106		$	16,723,481
	For the Nine Months Ended September 30,
Net income attributable to CHPC		2011			2010
CNG retail	$	788,789		$	603,418
LPG retail		(21,568	)		(60,391	)
CNG and LPG wholesale		(51,972	)		(328,462	)
Unallocated		(112,284	)		277,435
Consolidated	$	602,965		$	492,000

	For the Nine Months Ended September 30,
Investment income from non-consolidated entities	2011			2010
Consolidated	$	249,391		$	235,985
	For the Nine Months Ended September 30,
Interest expenses		2011			2010
Consolidated	$	(101,984	)	$	(37,058	)

	For the Nine Months Ended September 30,
Income before noncontrolling interest and income taxes	2011			2010
Consolidated		$	820,011		$	608,583
	For the Nine Months Ended September 30,
Segment assets			2011			2010
CNG retail		$	4,598,464		$	2,073,046
LPG retail			81,856			67,582
CNG and LPG wholesale			2,869,027			1,390,697
Unallocated			33,926,969			27,697,728
Consolidated		$	41,476,316		$	31,229,053