China biologic products holdings, inc. (CBPO)
Balance Sheet / Quarterly
Dec'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current Assets
Cash and cash equivalents

219,336

223,243

197,357

183,765

203,203

204,033

180,116

144,937

142,660

106,614

85,987

80,820

74,578

103,223

77,548

144,138

131,496

147,264

138,709

129,609

131,723

104,487

84,974

89,411

80,300

76,841

64,941

Restricted cash deposits

-

-

-

-

-

-

-

-

0

0

71,890

63,677

63,521

30,387

30,187

0

-

-

-

-

-

-

-

-

-

-

-

Time deposits

22,895

-

-

0

0

0

0

38,032

38,822

72,226

-

0

0

0

0

6,608

-

-

-

0

-

-

-

-

-

-

-

Short-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,727

1,347

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts

77,267

61,146

51,647

33,918

40,188

38,258

30,593

25,144

34,418

38,328

28,539

19,402

24,667

24,598

23,484

17,270

22,404

17,821

14,569

11,206

14,961

21,539

24,744

16,757

19,124

20,392

9,922

Loan receivable - current

45,912

-

-

0

5,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable - a related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

212

Inventories

209,570

183,258

166,380

156,412

146,936

136,038

130,877

126,395

122,998

127,039

103,131

101,304

96,669

94,812

90,711

88,634

83,676

80,907

76,756

75,679

68,243

69,744

70,584

71,338

65,818

62,598

52,300

Prepayments and other current assets, net of allowance for doubtful accounts

18,139

17,644

17,732

15,320

37,516

21,587

21,663

24,545

25,063

27,789

18,866

14,781

16,009

8,962

8,595

7,641

6,480

5,503

5,948

5,664

2,557

2,063

2,232

6,185

1,433

2,044

855

Deposits related to land use rights, current portion

-

-

-

-

1,038

4,901

10,307

10,056

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,574

1,843

2,583

-

2,923

2,103

2,727

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,905

1,768

1,799

-

2,367

2,401

1,860

Total Current Assets

593,121

485,292

433,118

389,417

434,873

404,819

373,558

369,112

363,964

371,998

308,416

279,987

275,447

261,984

230,528

264,293

244,058

251,497

235,984

222,159

223,692

202,793

186,919

183,693

171,968

166,382

132,819

Loan receivable - non current

0

44,283

43,482

43,245

44,925

45,240

46,431

39,834

28,296

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

166,812

145,410

138,037

132,091

134,424

126,417

115,500

105,364

96,991

91,208

85,550

80,230

78,720

76,966

75,319

73,149

67,126

62,337

55,165

51,325

39,153

40,438

40,971

43,329

39,915

39,932

39,511

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,840

3,104

3,340

3,541

4,279

5,109

5,836

6,520

7,270

13,124

14,559

Land use rights, net

24,853

24,180

23,362

23,389

24,196

24,227

24,932

23,576

15,162

15,837

11,790

11,909

10,111

9,407

9,131

8,213

7,038

6,373

5,836

5,818

5,838

5,779

5,810

5,487

4,976

4,954

4,701

Deposits related to land use rights

-

-

-

-

-

-

-

-

12,322

12,822

12,785

12,792

12,760

11,941

11,927

13,667

16,772

16,669

15,634

14,752

9,391

7,856

5,194

1,504

5,780

6,429

4,254

Restricted cash and cash deposits, excluding current portion

-

-

-

-

-

-

-

-

0

0

0

40,230

40,131

71,753

71,665

30,523

32,064

2,786

2,928

2,912

-

-

-

0

-

-

-

Receivable related to land use right

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,202

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

18,129

17,778

Equity method investment

14,903

12,780

11,582

10,614

9,615

8,579

8,543

8,718

9,073

9,825

18,116

18,221

13,042

13,127

11,587

11,349

11,652

10,937

10,726

10,537

10,066

9,888

9,429

8,357

8,448

8,183

7,297

Other non-current assets

9,365

6,256

5,838

6,198

2,210

2,445

3,199

4,861

2,948

3,236

3,336

3,475

3,603

4,271

3,792

2,585

-

-

-

-

-

-

-

-

-

-

-

Total Assets

809,057

718,203

655,421

604,957

650,245

611,730

572,164

551,466

528,759

504,929

439,996

446,847

433,817

449,453

413,952

403,781

381,553

353,704

329,616

311,047

305,624

271,866

254,162

248,892

238,361

257,135

220,921

LIABILITIES AND SHAREHOLDERS EQUITY
Current Liabilities
Short-term bank loans

-

14,465

8,696

-

-

-

-

-

0

0

66,300

57,902

75,700

34,875

34,869

9,822

4,890

4,860

4,788

7,935

11,081

0

4,752

11,018

10,955

18,564

3,034

Accounts payable

7,548

6,340

6,570

6,158

7,154

6,525

5,994

9,681

5,299

14,997

5,308

4,829

4,809

3,975

3,032

4,445

4,060

3,018

2,757

2,908

3,922

3,486

4,149

4,996

4,765

5,593

4,392

Advance from customers

-

-

-

-

-

-

-

-

-

-

-

-

1,525

4,577

1,534

-

2,100

2,381

4,327

2,857

3,941

5,287

4,532

4,852

4,195

4,496

3,560

Advance from customers - a related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,017

-

-

-

0

Income tax payable

14,258

8,191

9,391

7,484

10,489

8,689

8,226

4,510

7,523

6,775

8,043

8,257

5,236

4,536

5,261

4,202

5,483

3,333

5,808

4,513

5,921

3,227

3,841

5,373

9,121

9,555

6,659

Due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

3,952

6,845

7,152

7,206

4,208

4,055

4,214

4,081

4,047

4,597

5,818

3,319

3,300

3,262

3,192

Other payables and accrued expenses

75,827

64,096

59,648

59,798

54,753

49,276

42,626

57,462

53,478

46,997

43,063

49,692

37,266

31,224

29,414

37,761

29,625

25,895

23,744

25,423

25,583

23,364

22,592

32,851

23,396

21,738

21,606

Other taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,322

2,280

2,434

-

2,172

2,759

2,146

Convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,196

Derivative liabilities - embedded conversion option in convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

14,561

Derivative liabilities - warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,201

5,410

2,324

5,188

11,095

Total Current Liabilities

97,635

93,093

84,306

73,441

72,397

64,492

56,847

71,655

66,301

68,770

122,714

120,681

128,490

86,033

81,264

63,438

50,369

43,544

45,641

47,719

56,819

42,243

53,337

67,822

60,231

71,158

71,445

Long-term bank loans, excluding current portion

-

-

-

-

-

-

-

-

0

0

0

40,000

40,000

70,000

70,000

30,000

30,000

-

-

0

-

-

-

-

-

-

-

Deferred income

3,476

3,599

3,655

3,755

4,026

4,180

4,420

4,525

4,750

2,626

2,688

2,765

2,832

2,907

2,978

3,003

2,991

2,972

2,928

2,912

-

-

-

0

-

-

-

Non-current income tax payable

37,067

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

6,553

6,586

6,602

6,623

6,859

7,538

6,703

8,323

8,031

8,086

8,110

8,138

4,109

4,041

3,717

3,369

3,468

3,410

3,228

2,996

343

344

345

2,029

342

338

333

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,074

1,478

1,580

-

1,844

3,999

4,098

Total Liabilities

144,732

103,280

94,563

83,820

83,283

76,210

67,971

84,504

79,083

79,483

133,514

171,585

175,432

162,982

157,959

99,811

86,828

49,927

51,798

53,627

58,237

44,067

55,263

69,851

62,417

75,497

75,877

Shareholders Equity
Ordinary share: par value $0.0001; 100,000,000 shares authorized; 29,866,545 and 29,427,609 shares issued at December 31, 2017 and 2016, respectively; 27,611,841 and 27,172,905 shares outstanding at December 31, 2017 and 2016, respectively

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Additional paid-in capital

140,230

122,167

113,630

105,459

125,123

117,265

109,649

105,079

99,518

89,462

26,427

24,008

19,637

76,267

73,218

72,031

68,698

67,303

65,037

62,251

60,173

58,972

49,800

48,838

47,390

46,160

35,435

Treasury share: 2,254,704 shares at December 31, 2017 and 2016, respectively, at cost

56,425

56,425

56,425

56,425

56,425

56,425

56,425

56,425

56,425

56,425

76,570

76,570

76,570

99,594

99,594

29,594

29,594

-

-

0

-

-

-

-

-

-

-

Retained earnings

506,426

499,505

468,475

438,483

419,045

390,654

359,901

333,704

317,424

294,547

267,823

244,661

231,803

211,743

192,018

173,744

164,916

150,220

134,058

119,143

113,334

99,716

86,878

73,920

69,286

78,647

55,739

Accumulated other comprehensive income/(losses)

7,957

-13,264

-22,903

-25,320

-11,801

-8,889

2,108

-18

7,600

20,318

19,168

19,985

19,336

19,396

18,963

21,506

20,477

18,826

15,306

14,072

13,654

13,811

13,672

12,750

12,063

11,129

8,023

Total equity attributable to China Biologic Products Holdings, Inc.

598,192

551,985

502,780

462,200

475,945

442,608

415,236

382,343

368,121

347,906

236,852

212,087

194,209

207,815

184,608

237,691

224,501

236,354

214,405

195,469

187,165

172,503

150,354

135,512

128,742

135,940

99,199

Noncontrolling interest

66,132

62,937

58,077

58,936

91,016

92,912

88,956

84,618

81,554

77,539

69,629

63,174

64,175

78,655

71,383

66,278

70,223

67,422

63,412

61,949

60,221

55,295

48,544

43,528

47,201

45,698

45,844

Total Shareholders Equity

664,324

614,923

560,857

521,136

566,962

535,520

504,193

466,961

449,675

425,445

306,482

275,261

258,385

286,470

255,992

303,969

294,724

303,777

277,817

257,419

247,386

227,799

198,898

179,041

175,943

181,638

145,044

Commitments and contingencies

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Total Liabilities and Shareholders Equity

809,057

718,203

655,421

604,957

650,245

611,730

572,164

551,466

528,759

504,929

439,996

446,847

433,817

449,453

413,952

403,781

381,553

353,704

329,616

311,047

305,624

271,866

254,162

248,892

238,361

257,135

220,921