China auto logistics inc (CALI)
Income statement / Yearly
Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Net revenue

467,060

446,344

402,269

459,235

591,315

452,149

258,236

Cost of revenue

464,099

442,944

397,829

452,379

580,057

436,010

244,176

Gross profit

2,961

3,399

4,440

6,855

11,257

16,138

14,059

Operating expenses:
Selling and marketing

700

761

855

751

977

1,488

1,117

General and administrative

1,869

1,649

4,480

3,174

2,036

2,379

1,721

Reserve (recovery) from reserve for uncollectible receivable related to financing services

158

3,216

0

-

-

-

-

(Recovery of) reserve in due from Car King Tianjin

-

-

-1,802

-

-

-

-

Impairment loss on Airport International Auto Mall property

-

-

3,003

0

-

-

-

Impairment loss on goodwill and intangible asset

0

4,281

16,041

-

-

-

-

Impairment loss of goodwill and intangible assets

-

-

-

-

4,661

893

0

Total operating expenses

2,728

9,909

26,183

3,925

7,675

4,761

2,838

(Loss) income from continuing operations

233

-6,509

-21,743

2,929

3,582

11,377

11,220

Other income (expenses)
Interest income

541

278

909

515

-

-

-

Interest income

-

-

-

-

230

63

58

Interest expense

1,519

2,858

6,657

999

531

16

144

Gain on sale of property and equipment

5

-8

11

0

-172

-

-

Loss on sale of equity interest in subsidiary

0

-210

0

-

-

-

-

Foreign exchange gain

109

0

-146

-

-

-

-

Equity loss - share of investee company loss

-

-

-660

-76

0

-

-

Miscellaneous

0

1

17

0

-72

3

-8

Gain on forgiveness of debt

-

-

-

-

-1,139

0

-

Loss on disposal of property and equipment

-

-

-

-

-

7

-

Foreign exchange loss

-

-

-

217

0

-

-

Total other expenses

-862

-2,797

-6,525

-778

594

58

-93

Loss from continuing operations before income taxes

-629

-9,306

-28,268

2,151

4,176

11,435

11,126

Income tax (benefit) expense

113

249

-1,385

1,634

1,596

3,303

3,002

Net loss from continuing operations

-742

-9,556

-

-

-

-

-

Discontinued operations:
Income from operations of discontinued Airport Automall Automotive Services (including gain on disposal of $6,701,350 for the nine months ended September 30, 2016)

4,479

-3,435

-

-

-

-

-

Income tax benefit

-245

-976

-

-

-

-

-

Net income from discontinued operations

4,724

-2,459

-

-

-

-

-

Net (loss) income

3,982

-12,015

-26,863

524

2,567

8,032

8,006

Net (loss) income

-

-

-26,883

516

2,580

8,132

8,124

Less: Net (loss) income attributable to noncontrolling interests

1

1

-20

-7

13

100

117

Net (loss) income attributable to shareholders of China Auto Logistics Inc.

3,983

-12,014

-

-

-

-

-

Net (loss) income attributable to shareholders of China Auto Logistics Inc.
- continuing operations

741

9,554

-

-

-

-

-

- discontinued operations

-4,724

2,459

-

-

-

-

-

Net (loss) income attributable to shareholders of China Auto Logistics Inc.

3,983

-12,014

-

-

-

-

-

(Loss) income per share attributable to shareholders of China Auto Logistics Inc. from
- continuing operations - basic and diluted

-0.18

-2.37

-

-

-

-

-

- discontinued operations - basic and diluted

1.17

-0.61

-

-

-

-

-

Total (loss) earnings per share attributable to shareholders of China Auto Logistics Inc.

0.99

-2.98

-6.66

0.14

0.69

2.34

0.44

Weighted average number of common shares Outstanding
- basic and diluted

4,034

4,034

4,034

3,723

3,694

3,437

-

Weighted average number of common share outstanding - basic and diluted (in shares)

-

-

-

-

-

-

18,277