China xd plastics co ltd (CXDC)
Income statement / TTM
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'11Mar'11Sep'10Jun'10
Revenues

1,487,524

1,411,590

1,265,846

1,274,833

1,352,640

1,366,834

1,363,060

1,290,447

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

-

1,201,678

1,096,770

1,004,023

992,296

999,192

1,033,590

1,110,235

1,109,031

1,110,685

1,188,095

1,165,488

1,103,429

1,050,816

834,867

705,097

647,609

599,818

544,680

485,131

428,663

381,624

333,498

291,688

0

0

0

Cost of revenues

1,249,455

1,186,408

1,049,771

1,055,220

1,103,926

1,118,028

1,107,299

1,053,782

1,013,119

1,011,226

977,575

954,723

880,049

827,619

824,743

817,811

845,988

886,590

884,579

888,227

932,389

909,484

862,540

827,419

665,585

561,438

505,867

456,011

409,408

363,371

320,123

285,801

151,908

27,413

0

0

0

Gross profit

238,069

225,181

216,075

219,612

248,713

248,805

255,760

236,665

227,357

249,678

246,913

246,955

216,720

176,404

167,552

181,381

187,601

223,644

224,451

222,457

255,706

256,004

240,888

223,396

169,281

143,659

141,741

143,807

135,272

121,760

108,539

95,822

83,266

71,539

0

0

0

Selling expenses

3,670

5,980

9,295

10,068

8,448

6,566

3,709

3,176

2,434

1,913

1,590

1,356

1,373

1,390

1,446

1,458

1,384

1,205

902

728

425

391

303

243

266

200

206

273

402

365

568

254

53

134

0

0

0

General and administrative expenses

29,183

31,301

36,886

36,985

40,535

42,821

40,317

38,495

36,218

34,184

31,936

29,952

26,530

23,925

23,921

23,816

24,122

23,772

21,733

20,564

19,271

18,294

16,596

16,284

12,475

11,001

11,135

10,069

12,947

12,241

10,933

7,066

960

13,507

0

0

0

Research and development expenses

66,418

69,851

65,588

60,576

45,263

31,778

36,037

36,838

54,564

52,571

48,931

47,989

21,437

19,404

20,157

21,061

20,670

19,921

26,617

29,434

32,400

32,458

24,878

21,258

24,975

25,307

24,141

21,586

19,940

17,945

16,379

11,640

2,243

605

0

0

0

Total operating expenses

99,272

107,134

111,770

107,631

94,248

81,166

80,063

78,510

93,217

88,670

82,458

79,298

49,341

44,720

45,525

46,336

46,177

44,898

49,253

50,727

52,097

51,144

41,778

37,787

37,718

36,508

35,484

31,928

33,289

30,552

27,880

18,961

3,256

14,248

0

0

0

Operating income

138,797

118,047

104,304

111,981

154,465

167,639

175,697

158,154

134,139

161,008

164,455

167,656

167,379

131,683

122,027

135,045

141,423

178,746

175,198

171,730

203,608

204,859

199,109

185,609

131,563

107,150

106,257

111,878

109,817

99,042

88,493

76,861

65,012

42,295

0

0

0

Interest income

1,598

1,524

2,100

3,977

4,869

6,499

6,440

5,290

5,403

4,750

5,396

5,847

5,843

6,557

7,407

8,221

9,287

9,389

10,377

10,984

11,094

10,738

8,754

6,788

5,017

4,721

4,669

4,601

4,285

3,081

1,680

689

252

0

0

0

-

Interest expense

60,064

56,422

55,637

51,031

50,067

47,565

48,243

45,370

41,832

41,811

40,487

41,370

43,116

42,569

42,979

42,704

42,450

42,992

43,568

41,518

35,500

29,134

20,894

15,250

12,882

9,538

7,077

4,627

3,052

2,386

1,938

1,810

981

214

0

0

0

Foreign currency exchange gains

4,622

4,943

7,525

5,710

4,284

-2,474

-9,978

-6,498

-3,124

-766

1,047

1,951

-851

-2,097

-1,719

-2,237

-2,775

-1,634

-1,550

-1,938

409

1,080

1,551

2,519

1,697

1,873

996

561

0

0

0

-

-

-

-

-

-

Losses on foreign currency option contracts

-

-

-

-520

-984

-1,569

-1,569

-1,048

0

0

0

-

0

-

-

653

217

527

-712

-1,067

-624

-934

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Gains on disposal of a subsidiary

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on change in fair value of warrants liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,871

-413

780

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Loss on debt extinguishment

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of embedded derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

Other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

Change in fair value of embedded conversion option

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

0

0

0

-

-

Change in fair value of warrants liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,540

2,854

2,372

3,674

0

-

0

0

-

-

-

Government grant

7,234

6,974

6,741

6,124

10,202

12,011

11,657

11,619

7,894

5,951

5,145

3,914

2,877

3,413

3,199

2,991

2,951

1,404

1,412

2,723

1,328

2,038

2,026

924

1,034

324

323

114

0

0

0

-

-

-

-

-

-

Change in fair value of embedded derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Change in fair value of warrants liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Total non-operating expense, net

-46,306

-42,675

-38,966

-35,955

-31,695

-33,099

-41,694

-36,008

-32,244

-50,840

-47,861

-48,620

-54,217

-34,703

-33,792

-33,075

-35,166

-34,107

-35,749

-32,687

-23,128

-17,755

-8,800

-5,073

-4,688

-1,206

1,452

3,505

5,166

2,702

2,472

1,767

1,147

828

0

0

0

Income before income taxes

92,490

75,371

65,338

76,026

122,769

134,540

134,003

122,146

101,895

110,168

116,593

119,035

113,161

96,980

88,235

101,970

106,257

144,638

139,448

139,042

180,480

187,103

190,308

180,535

126,875

105,943

107,710

115,383

114,983

101,744

90,966

78,628

66,160

43,123

0

0

0

Income tax benefit (expense)

11,408

2,290

5,143

7,713

87,960

94,559

93,182

90,524

13,071

15,303

16,437

17,422

21,456

19,417

18,549

18,237

13,554

14,812

15,264

18,266

37,969

46,689

48,924

46,697

33,296

28,153

27,954

29,516

27,869

24,177

21,791

18,109

11,650

7,205

0

0

0

Net income

81,081

73,081

60,194

68,313

34,809

39,980

40,820

31,621

88,824

94,864

100,156

101,612

91,705

77,562

69,685

83,732

92,702

129,826

124,184

120,776

142,510

140,414

141,384

133,838

93,578

77,790

79,756

85,867

87,114

77,567

69,174

60,518

54,275

35,593

0

0

0

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

0

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

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

81,081

73,081

60,194

68,313

34,809

39,980

40,820

31,621

88,824

94,864

100,156

101,612

91,705

77,562

69,685

83,732

92,702

129,826

124,184

120,776

142,510

140,414

141,384

133,838

93,578

77,790

79,756

85,867

87,114

77,567

69,174

60,518

54,275

35,593

0

0

0

Other comprehensive losses
Foreign currency translation adjustment, net of nil income taxes

-22,238

-28,045

-50,638

-35,647

-25,355

19,028

72,086

46,343

5,939

-14,902

-47,093

-46,085

-34,073

-44,850

-27,026

-32,118

-22,918

-207

1,755

-12,268

-883

-7,095

-4,684

10,385

7,774

9,846

4,141

3,180

3,339

2,326

5,783

7,043

0

0

0

-

-

Foreign currency translation adjustment, net of nil income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total Comprehensive income (losses)

58,843

45,035

9,555

32,665

9,453

59,009

112,906

77,964

94,763

79,962

53,062

55,527

57,631

32,712

42,658

51,613

69,783

129,618

125,940

108,508

141,626

133,318

136,699

144,224

101,353

87,636

83,897

89,048

90,453

79,893

74,958

67,561

60,064

40,082

0

0

0

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,503

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,503