Sorl auto parts inc (SORL)
Income statement / Quarterly
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
Sales

112,227

139,373

136,219

123,233

108,584

128,504

107,726

-

101,329

91,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales

-

-

-

-

-

-

-

-

-

-

74,746

87,664

63,706

73,535

53,836

56,860

50,323

59,274

52,197

63,235

58,702

65,723

49,993

55,254

54,488

57,511

41,318

48,818

46,708

52,092

44,598

56,104

47,583

61,106

51,992

50,806

55,155

Include: sales to related parties

6,859

7,971

10,646

7,276

9,333

5,962

7,701

10,263

7,401

2,702

4,008

10,425

3,315

3,968

2,580

3,540

2,171

1,057

1,011

-551

534

1,345

290

456

825

1,004

238

434

441

393

586

-96

1,195

388

904

364

368

Cost of sales

81,294

103,104

99,699

91,682

82,249

94,074

77,527

91,551

74,027

67,056

53,700

66,219

44,794

52,941

39,397

41,804

36,228

42,746

38,466

45,736

43,240

47,209

34,606

41,090

39,075

40,688

29,094

96,930

33,485

37,912

-32,381

-204,181

-34,531

44,524

37,403

36,279

38,785

Gross profit

30,932

36,269

36,520

31,551

26,334

34,430

30,199

31,165

27,301

24,672

21,045

21,444

18,911

20,594

14,439

15,055

14,095

16,528

13,731

17,498

15,461

18,513

15,386

14,163

15,413

16,822

12,223

16,651

13,223

14,179

12,216

15,779

13,052

16,582

14,589

14,526

16,369

Expenses:
Selling and distribution expenses

13,850

16,463

12,884

18,003

13,160

13,956

10,037

16,189

8,283

8,985

5,608

9,200

7,949

7,125

5,562

7,431

4,813

5,086

5,350

5,626

5,871

6,473

5,705

6,310

5,277

4,911

4,408

8,599

3,765

3,523

3,170

4,838

2,923

3,459

3,069

3,299

3,627

General and administrative expenses

8,207

9,221

7,374

9,419

5,051

7,694

4,773

8,506

4,761

4,710

4,044

-1,511

4,878

4,909

6,929

-1,683

5,634

7,430

2,719

5,224

3,759

4,710

4,316

4,299

3,696

5,220

4,163

3,530

2,630

3,493

3,857

4,170

2,968

3,813

2,866

2,950

3,838

Research and development expenses

5,001

6,981

4,951

2,965

4,478

5,331

3,590

3,526

2,941

2,481

2,055

1,175

2,409

2,379

1,743

1,526

2,261

1,857

1,712

1,666

2,242

2,200

1,491

2,157

2,384

1,617

1,390

1,932

2,352

2,296

1,267

2,931

1,893

2,198

1,978

1,773

2,027

Total operating expenses

27,059

32,666

25,210

30,389

22,690

26,982

18,402

28,222

15,986

16,177

11,708

8,864

15,238

14,414

14,235

11,007

12,709

14,373

9,782

-

11,873

13,384

11,512

12,767

11,358

11,748

9,962

-

8,749

9,313

-

-

9,013

10,344

8,481

8,381

9,803

Other operating income, net

2,840

2,495

2,462

2,586

2,959

2,379

2,197

1,987

473

288

290

-1,903

60

1,484

914

2,065

69

483

585

799

545

549

376

793

444

632

203

-

-

-

-

-

-

-

-

-

-

Income from operations

6,713

6,098

13,772

3,748

6,603

9,827

13,994

4,930

11,788

8,783

9,627

10,676

3,733

7,665

1,117

6,114

1,455

2,637

4,533

5,779

4,134

5,678

4,250

2,190

4,499

5,705

2,465

-

4,474

4,865

-

-

4,038

6,238

6,107

6,145

6,566

Interest income

966

1,479

1,736

3,205

547

811

1,488

194

16

11

10

0

33

925

88

418

162

409

110

-

26

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Government grants

70

1,707

1,792

1,324

2,239

609

133

-

1,006

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

35

40

54

-171

229

175

27

-

47

-

-

-

-

-

-

-119

1,675

594

67

-47

100

213

38

19

413

0

91

-410

1,207

412

351

614

488

259

205

366

174

Interest expenses

3,010

3,173

3,972

3,356

3,331

3,529

3,353

1,272

804

542

481

371

214

126

174

464

395

242

166

-6

403

236

485

-808

770

492

946

692

541

532

594

549

1,227

872

567

357

309

Exchange differences

-773

-537

-1,061

-

-906

-1,091

-601

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exchange differences

-

-

-

-

-

-

-

-

-684

-417

-92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Government grants

-

-

-

-

-

-

-

-

-

-

28

263

424

140

4

566

150

25

25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

-508

-90

-477

1,244

-55

-254

-890

-2,681

-202

0

0

-

212

845

45

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

-

-

-

-

-

-

-

-

-

25

114

-114

155

129

637

270

198

160

370

632

301

472

226

1,137

77

127

68

23

112

192

-60

233

1

31

8

68

52

Income before income taxes provision

5,042

6,600

11,844

4,598

7,138

8,731

10,798

3,704

11,166

7,894

8,978

10,823

4,034

9,320

443

6,244

2,848

3,265

4,200

5,676

3,555

5,231

3,576

1,880

4,065

5,086

1,542

3,070

5,028

4,553

3,616

3,671

4,525

6,465

6,304

6,443

6,688

Provision for income taxes

389

329

1,868

839

12,130

1,238

1,605

492

1,627

1,311

1,286

1,588

435

1,277

-34

-185

427

794

998

1,316

391

651

513

1,007

332

539

168

-1,473

1,180

1,279

1,018

80

660

973

949

962

122

Net income (loss)

4,653

6,270

9,975

3,758

-4,992

7,492

9,192

3,211

9,539

6,583

7,692

9,234

3,598

8,043

478

6,430

2,421

2,471

3,202

4,360

3,163

4,580

3,063

872

3,733

4,546

1,373

-

-

-

-

-

-

-

-

-

-

Net income attributable to noncontrolling interest in subsidiaries

468

632

1,005

434

613

749

919

321

953

658

769

923

359

804

47

482

373

208

152

362

262

447

293

88

423

512

140

796

440

191

30

250

358

522

500

501

917

Net income (loss) attributable to common stockholders

4,184

5,638

8,970

3,323

-5,605

6,743

8,273

2,890

8,585

5,924

6,923

8,311

3,238

7,238

430

5,948

2,048

2,262

3,050

3,997

2,900

4,132

2,770

784

3,310

4,034

1,233

3,349

3,847

3,274

2,333

3,340

3,506

4,970

4,854

4,979

5,648

Comprehensive income (loss):
Net income (loss)

4,653

6,270

9,975

3,758

-4,992

7,492

9,192

3,211

9,539

6,583

7,692

9,234

3,598

8,043

478

6,430

2,421

2,471

3,202

4,360

3,163

4,580

3,063

872

3,733

4,546

1,373

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustments

-6,586

-4,810

4,289

1,001

-8,307

-11,013

8,044

2,882

3,856

3,223

911

-6,006

-1,109

-4,596

1,106

-4,403

-8,972

994

-813

1,293

-108

-25

4,357

-4,328

1,023

1,150

2,659

-

-

-

-

-

-

-

-

-

-

Comprehensive income (loss)

-1,933

1,309

12,830

4,442

-13,299

-3,168

15,513

2,304

13,395

9,806

8,604

3,227

2,488

3,446

1,585

2,026

-6,550

3,465

2,389

5,653

3,055

4,554

7,421

-3,455

4,757

5,697

4,033

-

-

-

-

-3,066

6,907

7,573

6,888

7,297

7,303

Comprehensive income (loss) attributable to noncontrolling interest in subsidiaries

-

-

-

-

-

-

-

-

1,339

980

860

-

248

344

158

36

-524

275

88

497

193

445

697

-340

532

628

403

-

-

-

-

132

304

208

153

181

73

Comprehensive income (loss) attributable to noncontrolling interest in subsidiaries

-190

151

1,434

534

-217

-352

1,723

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

278

263

-

662

730

653

683

991

Net income attributable to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,360

2,996

2,597

-

3,865

5,492

5,354

5,481

6,566

Foreign currency translation adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-460

-873

265

1,321

3,041

2,080

1,534

1,816

737

Other Comprehensive Income Attributable to Stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,737

1,872

1,380

1,634

663

Comprehensive income (loss) attributable to common stockholders

-1,933

1,460

14,265

4,759

-13,299

-3,520

17,237

9,275

12,055

8,825

7,743

2,905

2,239

3,102

1,426

1,990

-6,026

3,190

2,300

5,156

2,862

4,109

6,723

-3,114

4,224

5,069

3,629

4,557

3,386

2,400

2,569

4,528

6,244

6,842

6,235

6,614

6,311

Comprehensive income attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,946

2,209

-

-

-

-

-

-

-

Weighted average common share - basic

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

18,279

Weighted average common share - diluted

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

19,304

18,279

EPS - basic

0.22

0.29

0.46

0.17

-0.29

0.35

0.43

0.15

0.44

0.31

0.36

0.44

0.17

0.37

0.02

0.30

0.11

0.12

0.16

0.21

0.15

0.21

0.14

0.05

0.17

0.21

0.06

0.21

0.17

0.16

0.12

0.17

0.18

0.26

0.25

0.26

0.31

EPS - diluted

0.22

0.29

0.46

0.17

-0.29

0.35

0.43

0.15

0.44

0.31

0.36

0.44

0.17

0.37

0.02

0.30

0.11

0.12

0.16

0.21

0.15

0.21

0.14

0.05

0.17

0.21

0.06

0.21

0.17

0.16

0.12

0.17

0.18

0.26

0.25

0.26

0.31