China XD Plastics Co Ltd CXDC Income Statement

China xd plastics co ltd (CXDC)

Income statement / Quarterly

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues
373,159	463,073	301,466	349,825	297,224	317,329	310,453	427,632	311,418	313,555	237,840	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	-	-	377,661	331,847	277,139	215,030	272,752	239,101	265,412	221,926	307,149	315,746	264,208	223,580	384,559	293,139	202,150	170,967	168,610	163,368	144,662	123,176	113,471	103,820	88,194	76,138	65,345	62,010
Cost of revenues
313,044	397,813	251,136	287,461	249,997	261,175	256,585	336,167	264,099	250,446	203,068	295,504	262,206	216,795	180,216	220,831	209,776	213,919	173,284	249,007	250,378	211,909	176,932	293,169	227,473	164,965	141,811	131,334	123,326	109,395	91,955	84,731	77,289	66,147	57,633	-49,161	-47,206
Gross profit
60,114	65,260	50,329	62,364	47,226	56,153	53,867	91,465	47,319	63,109	34,772	82,156	69,640	60,344	34,813	51,921	29,324	51,492	48,642	58,141	65,367	52,299	46,648	91,390	65,665	37,184	29,156	37,275	40,042	35,267	31,221	28,740	26,530	22,046	18,504	16,183	14,804
Selling expenses
431	247	277	2,714	2,741	3,562	1,051	1,094	858	705	518	351	338	382	285	367	356	438	296	292	177	135	122	-9	143	47	62	13	77	53	129	141	40	256	-183	-59	121
General and administrative expenses
5,999	5,764	8,775	8,644	8,117	11,348	8,875	12,194	10,403	8,844	7,053	9,917	8,369	6,596	5,069	6,495	5,763	6,592	4,964	6,802	5,413	4,553	3,796	5,508	4,436	2,855	3,483	1,700	2,961	2,990	2,417	4,578	2,255	1,682	-1,449	-1,527	14,803
Research and development expenses
19,908	9,551	10,062	26,895	23,342	5,288	5,049	11,582	9,857	9,546	5,851	29,308	7,864	5,906	4,909	2,756	5,831	6,659	5,813	2,366	5,081	13,355	8,630	5,332	5,139	5,775	5,010	9,049	5,471	4,610	2,455	7,403	3,476	3,043	-2,283	-1,993	1,839
Total operating expenses
26,338	15,563	19,115	38,253	34,201	20,200	14,975	24,871	21,119	19,096	13,423	39,577	16,572	12,884	10,264	9,619	11,951	13,689	11,075	9,461	10,672	18,044	12,549	10,831	9,719	8,678	8,557	10,762	8,510	7,653	5,002	12,123	5,772	4,982	-3,917	-3,580	16,764
Operating income
33,775	49,696	31,214	24,110	13,025	35,953	38,891	66,594	26,199	44,012	21,348	42,579	53,068	47,459	24,549	42,301	17,373	37,803	37,566	48,680	54,695	34,255	34,098	80,558	55,946	28,505	20,598	26,513	31,532	27,613	26,219	24,451	20,758	17,064	14,587	12,603	-1,959
Interest income
338	454	435	369	264	1,029	2,312	1,262	1,894	970	1,163	1,374	1,242	1,615	1,614	1,370	1,956	2,466	2,428	2,436	2,058	3,454	3,035	2,546	1,702	1,470	1,069	775	1,406	1,418	1,001	459	202	17	10	21	-
Interest expense
17,036	12,059	17,500	13,469	13,393	11,274	12,894	12,504	10,892	11,951	10,021	8,966	10,870	10,628	10,904	10,712	10,323	11,038	10,629	10,459	10,865	11,614	8,579	4,440	4,499	3,374	2,935	2,071	1,156	913	485	497	489	466	357	-331	-277
Foreign currency exchange gains
4,065	3,050	-2,140	-353	4,387	5,632	-3,955	-1,779	-2,372	-1,870	-476	1,595	-14	-56	427	-1,207	-1,261	322	-90	-1,745	-120	406	-479	602	550	877	489	-219	726	0	54	-	-	-	-	-	-
Losses on foreign currency option contracts
-	-	-	0	0	0	-520	-463	-584	0	0	-	0	-	-	-6	0	305	354	-442	309	-934	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Gains on disposal of a subsidiary
0	0	518	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on change in fair value of warrants liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,397	-1,594	906	162	-	112	-400	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-18,963	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of embedded derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94	4	-	39
Other expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-1
Change in fair value of embedded conversion option
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-0	0	0	-	-
Change in fair value of warrants liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	136	854	1,528	333	-	-345	2,157	-	-	-
Government grant
1,405	1,611	2,094	2,122	1,145	1,378	1,477	6,200	2,955	1,023	1,439	2,475	1,011	218	208	1,439	1,547	4	0	1,399	0	12	1,311	4	709	1	208	114	0	0	0	-	-	-	-	-	-
Change in fair value of embedded derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Change in fair value of warrants liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	541	88	-712
Total non-operating expense, net
-11,227	-6,943	-16,591	-11,544	-7,596	-3,233	-13,580	-7,285	-8,999	-11,828	-7,895	-3,521	-27,595	-8,850	-8,654	-9,117	-8,081	-7,939	-7,937	-11,209	-7,021	-9,580	-4,875	-1,649	-1,649	-626	-1,147	-1,264	1,831	2,033	904	396	-632	1,803	199	-222	-952
Income before income taxes
22,548	42,753	14,622	12,565	5,429	32,720	25,310	59,308	17,200	32,183	13,453	39,058	25,472	38,609	15,894	33,184	9,292	29,864	29,629	37,471	47,673	24,674	29,223	78,908	54,296	27,879	19,450	25,248	33,364	29,647	27,124	24,848	20,125	18,868	14,786	12,380	-2,911
Income tax benefit (expense)
5,583	2,642	3,641	-458	-3,535	5,496	6,210	79,788	3,063	4,119	3,552	2,335	5,296	5,253	4,537	6,369	3,257	4,385	4,225	1,685	4,515	4,837	7,227	21,388	13,235	7,073	4,999	7,988	8,091	6,874	6,561	6,342	4,399	4,488	2,880	-117	-44
Net income
16,965	40,111	10,980	13,024	8,964	27,224	19,099	-20,479	14,136	28,063	9,900	36,722	20,176	33,355	11,357	26,815	6,034	25,478	25,404	35,785	43,157	19,836	21,996	57,519	41,061	20,806	14,450	17,259	25,272	22,772	20,562	18,506	15,725	14,380	11,906	12,263	-2,956
Earnings per common share:
Basic and diluted
0.25	0.60	0.16	0.20	0.13	0.41	0.29	-0.31	0.21	0.43	0.15	0.55	0.31	0.51	0.17	0.40	0.09	0.39	0.39	-	-	0.30	0.34	-	-	0.32	0.23	-	0.40	-	0.32	-	-	-	-	-	-
Dividend to Series C preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-162
Net income attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,263	-3,118
Basic earnings per common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.66	-	-	-	0.64	-	-	-	-	0.36	-	0.29	0.33	0.30	0.25	0.28	-0.07
Diluted earnings per common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.62	-	-	-	0.64	-	-	-	-	0.33	-	0.29	0.33	0.30	0.24	0.27	-0.07
Net income
16,965	40,111	10,980	13,024	8,964	27,224	19,099	-20,479	14,136	28,063	9,900	36,722	20,176	33,355	11,357	26,815	6,034	25,478	25,404	35,785	43,157	19,836	21,996	57,519	41,061	20,806	14,450	17,259	25,272	22,772	20,562	18,506	15,725	14,380	11,906	12,263	-2,956
Other comprehensive losses
Foreign currency translation adjustment, net of nil income taxes
-22,690	-16,713	14,670	2,493	-28,497	-39,306	29,661	12,786	15,887	13,751	3,918	-27,617	-4,953	-18,440	4,927	-15,606	-15,730	-616	-164	-6,406	6,981	1,346	-14,188	4,977	768	3,758	881	2,366	2,840	-1,946	-79	2,525	1,827	1,510	1,179	-	-
Foreign currency translation adjustment, net of nil income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,271	527
Total Comprehensive income (losses)
-5,725	23,398	25,651	15,518	-19,532	-12,081	48,761	-7,693	30,023	41,815	13,819	9,104	15,222	14,915	16,284	11,208	-9,695	24,861	25,239	29,378	50,139	21,183	7,807	62,497	41,830	24,564	15,332	19,625	28,113	20,825	20,482	21,031	17,553	15,890	13,086	13,534	-2,428
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,503
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,503