China xd plastics co ltd (CXDC)
Balance Sheet / Yearly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'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

10,509

194,763

78,891

41,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

51,539

72,721

50,814

190,392

46,767

279,825

57,695

168,086

100,144

57,980

43,055

119,928

51,096

52,702

31,198

45,456

62,710

132,855

170,415

95,545

94,257

66,011

113,749

83,822

51,029

142,227

127,220

135,482

158,776

46,860

22,720

Restricted cash

224,647

312,109

427,321

325,690

335,915

263,254

170,455

129,699

140,553

120,145

148,303

103,489

70,490

64,502

51,723

50,852

44,173

43,587

28,829

12,545

14,539

20,184

25,221

13,708

5,678

11,862

14,048

16,915

26,691

18,888

11,115

11,128

10,977

-

0

Time deposits

-

-

-

-

7,268

113,351

343,505

288,023

343,835

159,718

77,833

184,806

130,432

282,452

300,872

237,626

192,346

231,779

269,216

238,532

222,385

376,078

324,142

281,343

180,555

175,155

111,901

47,955

28,512

-

-

0

-

-

-

Notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

563

-

Accounts receivable, net of allowance for doubtful accounts

326,831

113,277

154,051

294,688

173,278

308,622

190,293

298,868

139,932

151,980

187,319

410,049

272,762

200,490

179,598

234,542

246,557

211,803

199,160

203,998

193,778

191,208

185,946

282,320

265,245

207,115

151,262

143,843

120,932

47,822

57,451

45,232

40,621

30,723

29,018

Amounts due from a related party

-

278

-

-

-

-

-

-

0

0

57

229

0

0

61

244

0

0

27

220

4

8

39

225

4

8

37

219

-

-

-

-

-

0

-

Amounts due from a related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

7

11

78

0

-

75

Inventories

699,002

734,184

793,243

620,033

566,810

549,782

556,919

421,736

408,738

363,248

367,666

280,939

415,254

421,961

391,548

294,665

293,185

287,072

298,917

249,797

247,200

227,951

237,065

144,885

119,131

102,439

84,396

78,263

67,478

58,248

60,411

44,953

30,561

19,133

25,257

Prepaid expenses and other current assets

234,507

158,318

96,270

132,218

167,109

85,211

111,816

144,326

317,442

306,549

54,833

125,310

38,697

51,054

50,661

15,675

78,510

9,384

15,662

11,253

11,032

12,205

26,589

8,418

5,137

5,931

2,119

6,090

11,101

15,850

5,582

12,857

23,333

72

33,044

Advances to employees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

444

-

Advances to suppliers

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35,735

-

Taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

339

-

Total current assets

1,495,498

1,512,931

1,549,778

1,413,931

1,301,921

1,392,943

1,423,805

1,473,046

1,397,268

1,381,468

893,711

1,272,910

1,027,781

1,078,442

1,017,521

953,536

905,869

836,328

843,011

761,804

751,651

960,492

969,421

826,448

670,009

568,524

477,515

377,110

305,749

283,045

261,792

249,732

264,270

133,873

110,116

Property, plant and equipment, net

798,105

824,360

770,413

775,941

787,330

813,775

844,425

835,561

832,164

826,047

811,362

806,363

819,285

810,183

807,047

571,746

315,057

315,022

316,039

318,324

239,216

240,571

224,162

233,841

215,669

218,380

219,551

223,780

131,475

110,905

98,439

100,933

46,872

48,172

49,038

Land use rights, net

28,465

29,439

30,213

29,796

29,881

31,226

33,025

31,943

26,449

26,043

22,546

22,536

23,527

23,809

24,556

24,506

25,037

18,707

18,824

11,896

12,090

12,027

12,066

12,457

10,547

10,572

10,502

10,524

4,013

3,990

4,046

4,055

248

-

244

Long-term prepayments to equipment and construction suppliers

436,326

448,633

524,297

530,636

529,973

507,306

224,826

190,627

62,641

63,078

381,007

14,167

85,252

14,415

31,611

183,226

288,059

294,418

266,678

182,259

213,173

-

-

1,332

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets, net

15,601

15,760

15,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits for purchase of land use rights and plant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,616

5,556

5,605

5,608

12,999

12,827

0

Deposits for purchase of equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34,547

21,308

-

-

-

-

-

Deposits for purchase of equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,277

4,643

-

Other non-current assets

801

3,153

3,171

3,212

777

16,102

13,148

12,924

660

616

10,568

10,521

12,509

12,677

19,096

18,966

30,699

40,904

41,340

21,256

24,162

48,624

6,901

1,826

3,046

2,335

169

169

239

262

264

264

261

-

0

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246

-

Total assets

2,774,798

2,834,279

2,893,793

2,753,519

2,649,883

2,761,354

2,539,232

2,544,103

2,319,185

2,297,254

2,119,196

2,126,500

1,968,355

1,939,528

1,899,833

1,751,982

1,564,723

1,505,381

1,485,894

1,295,541

1,240,294

1,261,715

1,212,552

1,075,906

899,272

799,811

707,739

611,584

481,641

425,069

370,148

360,594

339,929

199,762

159,399

LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term bank loans, including current portion of long-term bank loans

619,522

678,586

723,302

729,666

692,120

635,504

674,006

775,396

727,089

642,154

637,931

444,757

466,402

422,158

323,997

284,339

265,754

217,468

161,005

99,735

136,689

184,092

241,427

314,682

260,253

245,225

191,561

162,076

65,276

47,221

18,737

31,459

31,044

30,633

21,204

Bills payable

431,288

576,257

730,318

618,166

626,322

519,466

431,472

252,768

213,225

167,860

164,625

148,392

61,916

47,029

33,213

33,522

44,142

50,561

27,208

43,389

43,011

38,904

52,281

25,604

8,169

14,256

20,528

15,810

37,869

28,333

22,231

22,243

-

-

0

Accounts payable

205,440

115,275

40,865

84,958

26,535

166,693

47,678

227,993

100,965

124,016

152,260

320,013

181,189

195,336

258,142

257,417

221,909

190,971

218,740

152,073

101,780

130,504

137,428

122,457

111,716

74,400

56,038

7,061

7

97

854

398

22,189

269

736

Due to an employee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

360

-

Amounts due to related parties

28,444

20,072

18,995

18,365

14,256

75,567

-

-

282

117

11

11

310

131

10

8

319

141

-

0

361

54

-

-

368

170

10

-

360

168

13

-

1,897

1,949

1,769

Income taxes payable

21,105

18,314

16,337

15,975

11,495

16,612

15,879

17,710

3,170

2,080

0

897

3,315

2,989

3,816

6,881

4,155

4,864

4,499

3,269

8,765

7,224

7,077

18,631

16,216

8,966

7,951

8,511

8,526

-

-

5,814

-

-

-

Operating lease liabilities, current

1,390

1,888

2,304

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

146,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrants liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

537

2,132

1,226

1,063

700

588

988

1,008

1,145

2,000

3,529

3,862

3,365

3,020

5,719

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,655

6,717

-

4,551

4,424

65

Other payables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,406

-

Accrued expenses and other current liabilities

98,503

67,303

82,423

126,926

116,926

153,355

144,619

138,605

224,330

259,555

118,686

119,339

163,318

223,664

231,523

140,988

27,172

25,534

22,281

24,484

15,254

20,813

52,436

55,893

35,218

32,093

32,680

34,442

5,731

5,319

4,232

3,213

4,728

584

4,073

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

792

-

Total current liabilities

1,405,695

1,477,698

1,614,548

1,594,059

1,487,656

1,567,200

1,313,655

1,412,474

1,269,064

1,195,785

1,073,515

1,033,411

876,451

1,037,542

850,703

723,157

563,453

489,542

433,735

322,952

306,400

383,725

491,877

538,332

431,942

375,113

308,770

227,902

117,772

88,795

52,786

63,129

64,410

41,427

27,849

Long-term bank loans, excluding current portion

276,518

252,503

188,183

111,808

127,253

132,304

145,577

114,208

111,497

195,614

187,697

249,520

254,901

81,672

104,812

107,481

113,915

130,407

205,538

174,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

-

-

-

-

-

-

-

99,168

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term bank loans, excluding current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Long-term bank loans, excluding current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

167,751

162,365

27,347

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

0

145,926

145,634

148,820

148,750

148,682

144,373

148,553

148,491

148,431

0

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,846

18,460

15,251

-

9,375

9,054

8,317

8,224

1,532

1,528

-

0

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,808

15,797

16,506

-

17,787

18,035

18,439

19,428

19,737

20,155

20,344

20,733

20,994

21,158

21,697

22,102

21,928

21,755

21,525

Deferred income

93,214

97,121

100,255

99,583

100,571

105,746

108,962

-

76,189

75,743

68,282

69,311

71,171

71,254

66,514

62,039

40,887

28,972

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, non-current

14,513

14,588

14,666

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

95,038

96,824

103,993

101,573

103,629

106,440

111,839

107,898

44,470

42,292

43,929

42,420

43,120

41,767

39,747

38,046

-

-

-

30,977

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,722

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Embedded derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Total other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,775

-

Total liabilities

1,884,980

1,938,736

2,021,648

1,907,025

1,819,111

1,911,690

1,680,034

1,733,749

1,501,222

1,509,436

1,373,424

1,394,664

1,245,644

1,232,236

1,207,704

1,076,360

900,730

831,930

837,435

672,577

649,868

721,673

694,412

565,985

453,913

397,385

330,104

249,645

139,912

111,954

78,013

89,094

89,704

66,203

55,094

Redeemable Series D convertible preferred stock (redemption amount of nil and US$280,650,800 as of September 30, 2019 and December 31, 2018, respectively)

-

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

97,576

-

-

-

-

-

-

-

Stockholders' equity:
Redeemable convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97,578

97,578

1

-

1

1

1

Redeemable Series D convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

97,576

-

97,576

-

0

Series B preferred stock

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

0

0

0

0

0

0

0

0

Common stock, US$0.0001 par value, 500,000,000 shares authorized, 66,969,841 and 50,969,841 shares issued, 66,948,841 and 50,948,841 shares outstanding as of September 30, 2019 and December 31, 2018, respectively

6

5

5

5

5

5

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

4

Treasury stock, 21,000 shares at cost

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

92

-

-

-

Treasury stock, at cost: 21,000 shares and nil as of December 31, 2011 and 2010, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-92

-

0

Additional paid-in capital

184,208

86,633

86,633

86,633

86,429

85,789

83,242

83,159

83,075

82,953

82,722

82,606

82,585

82,390

82,142

81,919

81,499

81,262

81,131

80,875

77,716

77,471

76,752

76,341

74,276

73,173

72,948

72,583

71,998

71,496

71,343

71,190

70,947

69,318

69,040

Retained earnings

785,161

768,195

728,084

717,103

704,079

695,114

667,890

648,790

669,270

655,133

627,069

617,168

580,445

560,269

526,913

515,555

488,740

482,706

457,227

431,823

396,038

352,880

333,043

311,047

253,527

212,465

191,659

177,208

159,948

134,675

111,903

91,340

73,797

51,153

30,822

Statutory surplus reserve fund

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,919

-

Accumulated other comprehensive loss

-79,465

-56,774

-40,061

-54,732

-57,226

-28,729

10,576

-19,084

-31,870

-47,758

-61,509

-65,427

-37,809

-32,855

-14,415

-19,342

-3,736

11,994

12,611

12,775

19,182

12,201

10,855

25,043

20,066

19,297

15,539

14,658

12,292

9,451

11,398

11,477

7,989

6,161

4,434

Total stockholders' equity

889,818

797,967

774,568

748,917

733,195

752,087

761,622

712,778

720,387

690,241

648,195

634,259

625,134

609,715

594,552

578,045

566,416

575,874

550,882

525,387

492,850

442,465

420,563

412,345

347,782

304,849

280,059

264,362

244,151

215,536

194,556

173,921

152,646

133,557

104,302

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

-

-

0

Total liabilities, redeemable convertible preferred stock and stockholders' equity

2,774,798

2,834,279

2,893,793

2,753,519

2,649,883

2,761,354

2,539,232

2,544,103

2,319,185

2,297,254

2,119,196

2,126,500

1,968,355

1,939,528

1,899,833

1,751,982

1,564,723

1,505,381

1,485,894

1,295,541

1,240,294

1,261,715

1,212,552

1,075,906

899,272

799,811

707,739

611,584

481,641

425,069

370,148

360,594

339,929

199,762

159,399