$BIMI
BIMI Holdings Inc. Stock $bimi

$bimi Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-K Financial Statement

#000114420418018116 Filed on March 30, 2018

Income Statement

Concept	2017 Q4	2017	2016 Q4
Revenue	$4.650M	$8.508M	$2.400M
YoY Change	93.75%	40.83%	50.0%
Cost Of Revenue	$4.200M	$7.592M	$2.010M
YoY Change	108.96%	28.84%	40.56%
Gross Profit	$450.0K	$916.5K	$380.0K
YoY Change	18.42%	516.07%	123.53%
Gross Profit Margin	9.68%	10.77%	15.83%
Selling, General & Admin	$800.0K	$2.112M	$920.0K
YoY Change	-13.04%	29.64%	3.37%
% of Gross Profit	177.78%	230.39%	242.11%
Research & Development		$73.24K
YoY Change		-24.16%
% of Gross Profit		7.99%
Depreciation & Amortization	$330.0K	$882.9K	$420.0K
YoY Change	-21.43%	-5.68%	23.53%
% of Gross Profit	73.33%	96.34%	110.53%
Operating Expenses	$800.0K	$2.112M	$920.0K
YoY Change	-13.04%	29.64%	3.37%
Operating Profit	-$350.0K	-$1.195M	-$540.0K
YoY Change	-35.19%	-19.25%	-25.0%
Interest Expense	-$90.00K	$353.7K	-$80.00K
YoY Change	12.5%	-0.19%	0.0%
% of Operating Profit
Other Income/Expense, Net	-$30.00K	-$380.6K	$0.00
YoY Change		12.84%
Pretax Income	-$470.0K	-$560.4K	-$620.0K
YoY Change	-24.19%	176.69%	-22.5%
Income Tax	$0.00	$2.744K	$0.00
% Of Pretax Income
Net Earnings	-$470.0K	-$1.570M	-$620.0K
YoY Change	-24.19%	-13.63%	-18.42%
Net Earnings / Revenue	-10.11%	-18.45%	-25.83%
Basic Earnings Per Share
Diluted Earnings Per Share	-$66.48K	-$222.1K	-$94.37K
COMMON SHARES
Basic Shares Outstanding	7.073M shares		6.653M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2017 Q4	2017	2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$280.0K	$280.0K	$120.0K
YoY Change	133.33%	133.33%	-72.09%
Cash & Equivalents	$282.2K	$280.0K	$124.6K
Short-Term Investments
Other Short-Term Assets	$3.650M	$3.650M	$3.110M
YoY Change	17.36%	17.36%	-18.8%
Inventory	$2.064M	$2.060M	$4.607M
Prepaid Expenses	$186.5K		$281.9K
Receivables	$12.22M	$12.76M	$7.270M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$18.76M	$18.76M	$15.11M
YoY Change	24.09%	24.16%	-22.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$19.99M	$20.01M	$17.13M
YoY Change	16.69%	1.83%	62.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$22.68M	$22.67M	$22.20M
YoY Change	2.13%	2.07%	-10.38%
TOTAL ASSETS
Total Short-Term Assets	$18.76M	$18.76M	$15.11M
Total Long-Term Assets	$22.68M	$22.67M	$22.20M
Total Assets	$41.43M	$41.43M	$37.32M
YoY Change	11.02%	11.01%	-15.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.980M	$3.980M	$3.400M
YoY Change	17.06%	17.06%	-30.33%
Accrued Expenses
YoY Change
Deferred Revenue	$513.4K
YoY Change
Short-Term Debt	$7.224M	$7.220M	$5.761M
YoY Change	25.4%	25.35%	-28.51%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$14.14M	$14.14M	$10.61M
YoY Change	33.21%	33.27%	-24.07%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$14.14M	$14.14M	$10.61M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$14.14M	$14.19M	$10.61M
YoY Change	33.21%	33.74%	-24.07%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$12.06M		$12.06M
YoY Change	0.0%		3.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$27.25M	$27.25M	$26.71M
YoY Change
Total Liabilities & Shareholders Equity	$41.43M	$41.43M	$37.32M
YoY Change	11.02%	11.01%	-15.86%

Cashflow Statement

Concept	2017 Q4	2017	2016 Q4
OPERATING ACTIVITIES
Net Income	-$470.0K	-$1.570M	-$620.0K
YoY Change	-24.19%	-13.63%	-18.42%
Depreciation, Depletion And Amortization	$330.0K	$882.9K	$420.0K
YoY Change	-21.43%	-5.68%	23.53%
Cash From Operating Activities	-$780.0K	-$908.2K	$320.0K
YoY Change	-343.75%	-668.24%	-114.48%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00	-$410.0K
YoY Change	-100.0%	-100.0%	-278.26%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change			-100.0%
Cash From Investing Activities	$0.00	$0.00	-$410.0K
YoY Change	-100.0%	-100.0%	-116.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.030M	$1.052M	-60.00K
YoY Change	-1816.67%	-2430.52%	-45.45%
NET CHANGE
Cash From Operating Activities	-780.0K	-$908.2K	320.0K
Cash From Investing Activities	0.000	$0.00	-410.0K
Cash From Financing Activities	1.030M	$1.052M	-60.00K
Net Change In Cash	250.0K	$144.2K	-150.0K
YoY Change	-266.67%	-149.26%	-193.75%
FREE CASH FLOW
Cash From Operating Activities	-$780.0K	-$908.2K	$320.0K
Capital Expenditures	$0.00	$0.00	-$410.0K
Free Cash Flow	-$780.0K	-$908.2K	$730.0K
YoY Change	-206.85%	2779.34%	-129.92%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	us-gaap	Inventory Net InventoryNet	4606564	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3645652	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3109069	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	18755767	USD
CY2016Q4	us-gaap	Assets Current AssetsCurrent	15114944	USD
CY2017Q4	us-gaap	Contract Receivable Retainage Due One Year Or Less ContractReceivableRetainageDueOneYearOrLess	545940	USD
CY2016Q4	us-gaap	Contract Receivable Retainage Due One Year Or Less ContractReceivableRetainageDueOneYearOrLess	629680	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	2064231	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2664054	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2555704	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	19987116	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	17128235	USD
CY2017Q4	us-gaap	Assets Assets	41433065	USD
CY2016Q4	us-gaap	Assets Assets	37319117	USD
CY2017Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	3976334	USD
CY2016Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	3404760	USD
CY2017Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	7223681	USD
CY2016Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	5760618	USD
CY2017Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	0	USD
CY2016Q4	us-gaap	Deferred Compensation Equity DeferredCompensationEquity	355200	USD
CY2016	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	80163	USD
CY2016	us-gaap	Sales Revenue Net SalesRevenueNet	6041261	USD
CY2016	us-gaap	Cost Of Goods Sold CostOfGoodsSold	5827978	USD
CY2016	us-gaap	Cost Of Services CostOfServices	64514	USD
CY2016	us-gaap	Cost Of Revenue CostOfRevenue	5892492	USD
CY2016	us-gaap	Gross Profit GrossProfit	148769	USD
CY2016	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	35820	USD
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1592999	USD
CY2016	us-gaap	Operating Expenses OperatingExpenses	1628819	USD
CY2016	us-gaap	Operating Income Loss OperatingIncomeLoss	-1480050	USD
CY2016	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2893	USD
CY2016	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	14246	USD
CY2016	us-gaap	Interest Expense InterestExpense	354422	USD
CY2016	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-337283	USD
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1817333	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	246	USD
CY2016	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.28
CY2016	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.28
CY2016	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	6575857	shares
CY2016	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	6575857	shares
CY2017	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	8267174	USD
CY2017	us-gaap	Sales Revenue Net SalesRevenueNet	8508173	USD
CY2017	us-gaap	Cost Of Goods Sold CostOfGoodsSold	7378113	USD
CY2017	us-gaap	Cost Of Services CostOfServices	213546	USD
CY2017	us-gaap	Cost Of Revenue CostOfRevenue	7591659	USD
CY2017	us-gaap	Gross Profit GrossProfit	916514	USD
CY2017	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	63451	USD
CY2017	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2048134	USD
CY2017	us-gaap	Operating Expenses OperatingExpenses	2111585	USD
CY2017	us-gaap	Operating Income Loss OperatingIncomeLoss	-1195071	USD
CY2017	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-26863	USD
CY2017	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	8	USD
CY2017	us-gaap	Interest Expense InterestExpense	353745	USD
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-380600	USD
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-1575671	USD
CY2017	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2744	USD
CY2017	us-gaap	Profit Loss ProfitLoss	-1578415	USD
CY2016	us-gaap	Profit Loss ProfitLoss	-1817579	USD
CY2017	us-gaap	Depreciation And Amortization DepreciationAndAmortization	944012	USD
CY2016	us-gaap	Depreciation And Amortization DepreciationAndAmortization	998189	USD
CY2017	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	4814628	USD
CY2016	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-473085	USD
CY2017	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2746175	USD
CY2016	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-2074453	USD
CY2017	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	316621	USD
CY2016	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	909360	USD
CY2017	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	330012	USD
CY2016	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1212244	USD
CY2017	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	1388543	USD
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	USD
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	191375	USD
CY2016	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	457288	USD
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	281881	USD
CY2017Q4	us-gaap	Due From Employees Current DueFromEmployeesCurrent	63222	USD
CY2016Q4	us-gaap	Due From Employees Current DueFromEmployeesCurrent	101219	USD
CY2017Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	20050074	USD
CY2016Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	17862863	USD
CY2017Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	6172396	USD
CY2017	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	0	USD
CY2016	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	1806410	USD
CY2017Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	12977954	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-908229	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	159832	USD
CY2016Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	7357282	USD
CY2016Q4	nfec	Retention Receivable Cost RetentionReceivableCost	629680	USD
CY2016Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	5832393	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	USD
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-407505	USD
CY2017	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	6955736	USD
CY2016	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	6021367	USD
CY2017	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	5919775	USD
CY2016	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	7872937	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1052464	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-45160	USD
CY2016	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-17101	USD
CY2016	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-309934	USD
CY2017	us-gaap	Interest Paid Net InterestPaidNet	353745	USD
CY2016	us-gaap	Interest Paid Net InterestPaidNet	354422	USD
CY2016	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction	216130	USD
CY2017	us-gaap	Repayments Of Advances For Construction RepaymentsOfAdvancesForConstruction	0	USD
CY2017	us-gaap	Share Based Compensation ShareBasedCompensation	355200	USD
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	96000	USD
CY2017	nfec	Income Taxes Paid Refunded IncomeTaxesPaidRefunded	2744	USD
CY2016	nfec	Income Taxes Paid Refunded IncomeTaxesPaidRefunded	246	USD
CY2017	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	13282	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	760164	USD
CY2016Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	712288	USD
CY2017Q4	nfec	Accounts And Retention Receivable Net AccountsAndRetentionReceivableNet	12763730	USD
CY2016Q4	nfec	Accounts And Retention Receivable Net AccountsAndRetentionReceivableNet	7274674	USD
CY2017Q4	nfec	Retention Receivable Cost RetentionReceivableCost	545940	USD
CY2017	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	73238	USD
CY2016	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	96572	USD
CY2017Q4	nfec	Percentage Of Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Settlement PercentageOfIncomeTaxExaminationMinimumLikelihoodOfTaxBenefitsBeingRealizedUponSettlement	0.5	pure
CY2017Q4	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	6.5064	pure
CY2016Q4	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	6.9437	pure
CY2017	nfec	Weighted Average Exchange Rate WeightedAverageExchangeRate	6.757	pure
CY2016	nfec	Weighted Average Exchange Rate WeightedAverageExchangeRate	6.643	pure
CY2017Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	499213	USD
CY2016Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	519500	USD
CY2017Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	1009324	USD
CY2016Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	3684639	USD
CY2017Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	555694	USD
CY2016Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	402425	USD
CY2017Q4	nfec	Prepayment To Vendors For Raw Materials PrepaymentToVendorsForRawMaterials	3395923	USD
CY2016Q4	nfec	Prepayment To Vendors For Raw Materials PrepaymentToVendorsForRawMaterials	2725969	USD
CY2017Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	186507	USD
CY2017Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	66000	USD
CY2016Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	66000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	816833	USD
CY2016Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	-822343	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	7053055	USD
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6170120	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	65132	USD
CY2017	us-gaap	Adjustment For Amortization AdjustmentForAmortization	61077	USD
CY2016	us-gaap	Adjustment For Amortization AdjustmentForAmortization	62125	USD
CY2017Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	513382	USD
CY2016Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	487175	USD
CY2017Q4	nfec	Value Added Taxes Payable Current ValueAddedTaxesPayableCurrent	627290	USD
CY2016Q4	nfec	Value Added Taxes Payable Current ValueAddedTaxesPayableCurrent	89471	USD
CY2017Q4	nfec	Accrued Operating Expenses Current AccruedOperatingExpensesCurrent	506944	USD
CY2016Q4	nfec	Accrued Operating Expenses Current AccruedOperatingExpensesCurrent	387981	USD
CY2017Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	856940	USD
CY2016Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	50372	USD
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7073289	shares
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax	-359442	USD
CY2017	us-gaap	Depreciation Depreciation	882935	USD
CY2016	us-gaap	Depreciation Depreciation	936064	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3044062	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3044062	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	520269	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	459192	USD
CY2017Q4	nfec	Intangible Assets Foreign Translation Difference IntangibleAssetsForeignTranslationDifference	140261	USD
CY2016Q4	nfec	Intangible Assets Foreign Translation Difference IntangibleAssetsForeignTranslationDifference	-29166	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	63430	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	63430	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	63430	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	63430	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	63430	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2346904	USD
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7073289	shares
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-560363	USD
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	-202525	USD
CY2017	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1015308	USD
CY2016	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1614808	USD
CY2017	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2017	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	2744	USD
CY2016	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	246	USD
CY2017	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	USD
CY2016	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	0	USD
CY2017	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	0	USD
CY2016	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	0	USD
CY2017	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.25	pure
CY2017	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-253827	USD
CY2016	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-403702	USD
CY2017	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	256571	USD
CY2016	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	403948	USD
CY2017	nfec	Income Loss Before Income Taxes IncomeLossBeforeIncomeTaxes	-1015308	USD
CY2016	nfec	Income Loss Before Income Taxes IncomeLossBeforeIncomeTaxes	-1614808	USD
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7073289	shares
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards		USD
CY2016Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards		USD
CY2017Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	USD
CY2016Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	0	USD
CY2017Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	823633	USD
CY2017Q4	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	299761	USD
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CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6593016	shares
CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	7073289	shares
CY2016	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.28
CY2017	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.22
CY2017	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	167640	USD
CY2016	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	173699	USD
CY2017Q4	us-gaap	Minority Interest MinorityInterest	49044	USD
CY2016Q4	us-gaap	Minority Interest MinorityInterest	0	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	27296812	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26707058	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	41433065	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	37319117	USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017	us-gaap	Net Income Loss NetIncomeLoss	-1569817	USD
CY2017	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-8598	USD
CY2016	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2017	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	37493	USD
CY2016	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	USD
CY2017	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	16503	USD
CY2016	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	USD
CY2017	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.1	pure
CY2016	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	0.1	pure
CY2017	nfec	Appropriation To Statutory Reserve Description AppropriationToStatutoryReserveDescription	Appropriation to the statutory reserve should be at least 10% of the after-tax net income until the reserve is equal to 50% of the registered capital.
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	30377475	USD
CY2016	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	0	USD
CY2016	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	96000	USD
CY2017	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	355200	USD
CY2016	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1948838	USD
CY2017	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	1756765	USD
CY2017	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	56204	USD
CY2017Q4	nfec	Deferred Tax Liabilities Operating Loss Carryforwards Domestic After Change In Tax Rate DeferredTaxLiabilitiesOperatingLossCarryforwardsDomesticAfterChangeInTaxRate	509868	USD
CY2017Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	1333501	USD
CY2016Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	1123394	USD
CY2016Q4	nfec	Deferred Tax Liabilities Operating Loss Carryforwards Domestic After Change In Tax Rate DeferredTaxLiabilitiesOperatingLossCarryforwardsDomesticAfterChangeInTaxRate	0	USD
CY2017	nfec	Warrant Period WarrantPeriod	P12M
CY2017	nfec	Value Added Tax Rate ValueAddedTaxRate	0.17	pure
CY2016Q4	nfec	Accounts And Retention Receivable Gross AccountsAndRetentionReceivableGross	7986962	USD
CY2017Q4	nfec	Accounts And Retention Receivable Gross AccountsAndRetentionReceivableGross	13523894	USD
CY2017Q4	nfec	Percentage Of Accounts Receivable Recovered PercentageOfAccountsReceivableRecovered	0.11	pure
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	22938913	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	27105303	USD
CY2016Q4	nfec	Finitelived Intangible Assets After Accumulated Gross FinitelivedIntangibleAssetsAfterAccumulatedGross	2584870	USD
CY2017Q4	nfec	Finitelived Intangible Assets After Accumulated Gross FinitelivedIntangibleAssetsAfterAccumulatedGross	2523793	USD
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017	nfec	Operating Loss Carry Forwards Expiration Years OperatingLossCarryForwardsExpirationYears	2037
CY2017	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.25	pure
CY2017	us-gaap	Nature Of Operations NatureOfOperations	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"></div> <table style="MARGIN-TOP: 0px; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="TEXT-ALIGN: left; WIDTH: 0.5in"> <div><strong>1.</strong></div> </td> <td style="TEXT-ALIGN: justify"> <div><strong>ORGANIZATION AND BUSINESS BACKGROUND</strong></div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"><strong> </strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">NF Energy Saving Corporation (the “Company” or “NFEC”) was incorporated in the State of Delaware in the name of Galli Process, Inc. on October 31, 2000. On February 7, 2002, the Company changed its name to “Global Broadcast Group, Inc.” On November 12, 2004, the Company changed its name to “Diagnostic Corporation of America.” On March 15, 2007, the Company changed its name to “NF Energy Saving Corporation of America.” On August 24, 2009, the Company further changed its current name to “NF Energy Saving Corporation.” On October 1, 2010, the Company’s common stock was traded on Nasdaq global market. On March 7, 2012, and upon approval by NASDAQ, the common stock transferred from the Nasdaq Global Market to the Nasdaq Capital Market.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">The Company, through its subsidiaries, mainly operates in the energy technology business in the People’s of Republic of China (the “PRC”). The Company specializes in the provision of energy saving technology consulting, optimization design services, energy saving reconstruction of pipeline networks and contractual energy management services to China’s electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries. The Company also engages in the manufacturing and sales of the energy-saving flow control equipment. All the customers are located in PRC.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"><u><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Description of subsidiaries</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-ALIGN:Left; TEXT-INDENT: 0in; WIDTH: 100%"> <table style="MARGIN: 0in; WIDTH: 100%; BORDER-COLLAPSE: collapse; OVERFLOW: visible" cellspacing="0" cellpadding="0" align="left"> <tr style="HEIGHT: 12px"> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="20%"> <div>Name</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="20%"> <div>Place of incorporation<br/> and kind of<br/> legal entity</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="23%"> <div>Principal activities<br/> and place of operation</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="21%"> <div>Particulars of issued/<br/> registered share<br/> capital</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> <td style="BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="11%"> <div>Effective interest<br/> held</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 700" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="20%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="20%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="23%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="21%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; BORDER-TOP: #000000 1px solid; FONT-WEIGHT: 400" width="11%"> <div> </div> </td> <td style="TEXT-ALIGN: center; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div>Liaoning Nengfa Weiye Energy Technology Co. Ltd (“Nengfa Energy”)</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div>The PRC, a limited liability company</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="23%"> <div>Production of a variety of industrial valve components which are widely used in water supply and sewage system, coal and gas fields, power generation stations, petroleum and chemical industries in the PRC</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="21%"> <div>US$5,000,000</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="11%"> <div>100%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="23%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="21%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: right; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="11%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> <tr style="HEIGHT: 12px"> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div>Liaoning Nengfa Tiefa Import &; Export Co. Ltd (“Nengfa Tiefa Import &; Export”)</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="20%"> <div>The PRC, a limited liability company</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: bottom; FONT-WEIGHT: 400" width="23%"> <div>Development and production of hi-tech and automatic-intelligence valve products</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="21%"> <div>RMB877,192</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: top; FONT-WEIGHT: 400" width="11%"> <div>57%</div> </td> <td style="TEXT-ALIGN: left; FONT-STYLE: normal; FONT-FAMILY: times new roman; BACKGROUND: #ffffff; FONT-SIZE: 10pt; VERTICAL-ALIGN: middle; FONT-WEIGHT: 400" width="1%"> <div> </div> </td> </tr> </table> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">NFEC and its subsidiaries are hereinafter referred to as (the “Company”).<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1123394	USD
CY2017Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	0	USD
CY2016Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	355220	USD
CY2017	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"></div> <table style="MARGIN-TOP: 0px; WIDTH: 100%; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0px; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="TEXT-ALIGN: justify; VERTICAL-ALIGN: top"> <td style="WIDTH: 0%"></td> <td style="TEXT-ALIGN: left; WIDTH: 6%"> <div><font style="FONT-FAMILY:Symbol">⋅</font></div> </td> <td style="TEXT-ALIGN: justify; WIDTH: 94%"> <div>Use of estimates</div> </td> </tr> </table> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify">In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	1756765	USD
CY2016	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1948838	USD
CY2017	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	178350	USD
CY2016	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-3766417	USD
CY2017	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-7160	USD
CY2016	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	USD
CY2017	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	185510	USD
CY2016	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3766417	USD

Files In Submission

Name	View Source	Status
0001144204-18-018116-index-headers.html	Edgar Link	pending
0001144204-18-018116-index.html	Edgar Link	pending
0001144204-18-018116.txt	Edgar Link	pending
0001144204-18-018116-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
nfec-20171231.xml	Edgar Link	completed
nfec-20171231.xsd	Edgar Link	pending
nfec-20171231_cal.xml	Edgar Link	unprocessable
nfec-20171231_def.xml	Edgar Link	unprocessable
nfec-20171231_lab.xml	Edgar Link	unprocessable
nfec-20171231_pre.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
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tv489225_10k.htm	Edgar Link	pending
tv489225_ex14-1.htm	Edgar Link	pending
tv489225_ex21-1.htm	Edgar Link	pending
tv489225_ex31-1.htm	Edgar Link	pending
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tv489225_ex32-1.htm	Edgar Link	pending
tv489225_ex32-2.htm	Edgar Link	pending
tv489225_img1.jpg	Edgar Link	pending
tv489225_img2.jpg	Edgar Link	pending

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$BIMI
BIMI Holdings Inc. Stock $bimi

2017 Q4 Form 10-K Financial Statement

#000114420418018116 Filed on March 30, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BIMI BIMI Holdings Inc. Stock $bimi

2017 Q4 Form 10-K Financial Statement

#000114420418018116 Filed on March 30, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BIMI
BIMI Holdings Inc. Stock $bimi