Sorl auto parts inc (SORL)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Sales

468,049

390,522

-

-

-

-

-

-

-

Sales

-

-

278,743

218,656

237,654

208,571

192,217

216,788

199,365

Include: sales to related parties

30,273

24,376

20,289

7,781

1,618

2,524

1,856

2,392

1,304

Cost of sales

345,534

286,336

203,353

159,246

170,793

149,949

135,946

-156,784

141,228

Gross profit

122,515

104,186

75,390

59,410

66,860

58,622

56,271

60,003

58,136

Expenses:
Selling and distribution expenses

55,158

39,067

29,837

22,681

23,676

20,906

19,060

14,290

13,466

General and administrative expenses

26,939

22,023

15,206

14,100

18,011

17,379

13,512

13,818

11,761

Impairment on long-lived assets

-

-

-

561

0

-

-

-

-

Research and development expenses

16,366

11,004

7,709

7,358

7,601

7,550

7,849

9,002

7,223

Loss on disposal of subsidiary

-

-

-

-3,170

0

-

-

-

-

Total operating expenses

98,464

72,095

52,753

47,873

-

45,836

40,421

-

33,579

Total operating expenses

-

-

-

-

49,288

-

-

-

-

Other operating income, net

10,122

3,039

555

3,204

2,270

2,074

1,485

-

-

Income from operations

34,173

35,130

23,192

14,741

19,842

14,860

17,335

-

24,556

Interest income

6,052

232

1,047

1,102

343

-

-

-

-

Government grants

4,307

2,264

-

-

-

-

-

-

-

Other income

260

101

1,244

2,217

304

524

1,561

1,567

826

Interest expenses

13,570

3,100

887

1,269

1,119

1,399

2,360

3,217

1,127

Government grants

-

-

832

768

301

-

-

-

-

Other expenses

43

-2,883

-

-

-

-

-

-

-

Other expenses

-

-

807

1,000

1,632

1,410

267

275

221

Income before income taxes provision

31,266

31,744

24,621

16,559

18,040

12,575

16,268

20,967

25,161

Provision for income taxes

15,814

4,717

3,266

2,034

2,872

2,048

2,005

2,664

2,751

Net income (loss)

15,451

27,026

21,354

14,525

15,167

10,527

14,263

-

-

Net income attributable to noncontrolling interest in subsidiaries

2,716

2,702

2,135

1,216

1,366

1,164

1,458

1,631

2,041

Net income (loss) attributable to common stockholders

12,735

24,324

19,219

13,308

13,801

9,362

12,804

16,671

20,368

Comprehensive income (loss):
Net income (loss)

15,451

27,026

21,354

14,525

15,167

10,527

14,263

-

-

Foreign currency translation adjustments

-10,274

10,873

-10,606

-13,194

5,518

505

126

-

-

Comprehensive income (loss)

3,488

34,110

10,748

1,330

20,685

11,032

14,390

18,302

26,623

Comprehensive income (loss) attributable to noncontrolling interest in subsidiaries

-

-

-

-123

1,834

1,223

1,476

798

421

Comprehensive income (loss) attributable to noncontrolling interest in subsidiaries

1,688

3,790

1,074

-

-

-

-

-

2,462

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

22,410

Foreign currency translation adjustments

-

-

-

-

-

-

-

7,978

4,213

Other Comprehensive Income Attributable to Stockholders

-

-

-

-

-

-

-

-

3,791

Comprehensive income (loss) attributable to common stockholders

5,177

37,900

9,673

1,454

18,851

9,808

12,913

23,851

24,160

Weighted average common share - basic

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

Weighted average common share - diluted

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

EPS - basic

0.66

1.26

1.00

0.69

0.71

0.49

0.66

0.86

1.06

EPS - diluted

0.66

1.26

1.00

0.69

0.71

0.49

0.66

0.86

1.06