2012 Q3 Form 10-Q Financial Statement
#000114420412060582 Filed on November 09, 2012
Income Statement
| Concept | 2012 Q3 | 2011 Q4 |
|---|---|---|
| Revenue | $73.18M | $94.40M |
| YoY Change | 3.22% | -6.07% |
| Cost Of Revenue | $60.68M | $76.10M |
| YoY Change | 4.09% | -5.7% |
| Gross Profit | $12.50M | $18.30M |
| YoY Change | -0.79% | -7.58% |
| Gross Profit Margin | 17.08% | 19.39% |
| Selling, General & Admin | $4.924M | $800.0K |
| YoY Change | -3.45% | -80.0% |
| % of Gross Profit | 39.39% | 4.37% |
| Research & Development | $2.818M | $3.000M |
| YoY Change | 12.72% | -18.92% |
| % of Gross Profit | 22.54% | 16.39% |
| Depreciation & Amortization | $3.300M | $3.360M |
| YoY Change | -7.56% | 32.28% |
| % of Gross Profit | 26.4% | 18.36% |
| Operating Expenses | $7.742M | $3.800M |
| YoY Change | 0.55% | -50.0% |
| Operating Profit | $5.463M | $14.50M |
| YoY Change | 11.49% | 18.85% |
| Interest Expense | $819.0K | $500.0K |
| YoY Change | -87.59% | -89.58% |
| % of Operating Profit | 14.99% | 3.45% |
| Other Income/Expense, Net | $200.0K | $0.00 |
| YoY Change | -100.0% | |
| Pretax Income | $5.264M | $8.100M |
| YoY Change | -56.13% | -53.18% |
| Income Tax | $891.0K | $100.0K |
| % Of Pretax Income | 16.93% | 1.23% |
| Net Earnings | $3.404M | $6.700M |
| YoY Change | -66.3% | -45.53% |
| Net Earnings / Revenue | 4.65% | 7.1% |
| Basic Earnings Per Share | $0.12 | |
| Diluted Earnings Per Share | $0.12 | $162.2K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 28.26M shares | |
| Diluted Shares Outstanding | 28.26M shares |
Balance Sheet
| Concept | 2012 Q3 | 2011 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $72.50M | $73.00M |
| YoY Change | -4.73% | 47.77% |
| Cash & Equivalents | $72.49M | $72.96M |
| Short-Term Investments | ||
| Other Short-Term Assets | $30.20M | $28.30M |
| YoY Change | 8.63% | -1.39% |
| Inventory | $48.00M | $51.60M |
| Prepaid Expenses | ||
| Receivables | $200.9M | $200.9M |
| Other Receivables | $9.400M | $11.60M |
| Total Short-Term Assets | $361.1M | $365.4M |
| YoY Change | 2.29% | 17.53% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $85.50M | $84.80M |
| YoY Change | 4.78% | 12.47% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $3.600M | $3.500M |
| YoY Change | 5.88% | 9.38% |
| Other Assets | $10.40M | $9.500M |
| YoY Change | -7.14% | -24.6% |
| Total Long-Term Assets | $104.1M | $101.0M |
| YoY Change | 4.83% | 6.77% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $361.1M | $365.4M |
| Total Long-Term Assets | $104.1M | $101.0M |
| Total Assets | $465.2M | $466.4M |
| YoY Change | 2.85% | 15.02% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $97.00M | $114.2M |
| YoY Change | -8.66% | 19.33% |
| Accrued Expenses | $15.50M | $14.30M |
| YoY Change | -0.64% | -37.28% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | 5.520M CNies | 10.32M CNies |
| YoY Change | -92.02% | -82.69% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $237.3M | $217.6M |
| YoY Change | 11.04% | -15.23% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $3.200M | $23.60M |
| YoY Change | -86.94% | 3833.33% |
| Other Long-Term Liabilities | $0.00 | $9.200M |
| YoY Change | -100.0% | |
| Total Long-Term Liabilities | $3.200M | $32.80M |
| YoY Change | -90.48% | 5366.67% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $237.3M | $217.6M |
| Total Long-Term Liabilities | $3.200M | $32.80M |
| Total Liabilities | $277.3M | $293.3M |
| YoY Change | -3.78% | 0.0% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | $39.37M | $39.30M |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | 0.000 shares | |
| Shareholders Equity | $187.8M | $173.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $465.2M | $466.4M |
| YoY Change | 2.85% | 15.02% |
Cashflow Statement
| Concept | 2012 Q3 | 2011 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.404M | $6.700M |
| YoY Change | -66.3% | -45.53% |
| Depreciation, Depletion And Amortization | $3.300M | $3.360M |
| YoY Change | -7.56% | 32.28% |
| Cash From Operating Activities | $4.490M | $2.330M |
| YoY Change | -70.54% | -73.97% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$8.160M | -$4.250M |
| YoY Change | 345.9% | 3.16% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $3.330M | $380.0K |
| YoY Change | -562.5% | -114.73% |
| Cash From Investing Activities | -$4.830M | -$3.870M |
| YoY Change | 89.41% | -42.32% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -4.660M | -2.210M |
| YoY Change | -167.05% | -14.34% |
| NET CHANGE | ||
| Cash From Operating Activities | 4.490M | 2.330M |
| Cash From Investing Activities | -4.830M | -3.870M |
| Cash From Financing Activities | -4.660M | -2.210M |
| Net Change In Cash | -5.000M | -3.750M |
| YoY Change | -125.46% | 1002.94% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $4.490M | $2.330M |
| Capital Expenditures | -$8.160M | -$4.250M |
| Free Cash Flow | $12.65M | $6.580M |
| YoY Change | -25.89% | -49.66% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Proceeds From Sale Of Other Assets
ProceedsFromSaleOfOtherAssets
|
8200000 | USD | |
| CY2011Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
4012000 | USD |
| CY2012Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
7610000 | USD |
| CY2011Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
1351000 | USD |
| CY2012Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
2300000 | USD |
| CY2011Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
8028000 | USD |
| CY2012Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
8129000 | USD |
| CY2011Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
0 | USD |
| CY2011Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
10316000 | CNY |
| CY2012Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
30000000 | USD |
| CY2012Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
5520000 | CNY |
| CY2011Q4 | caas |
Short Term Government Loan
ShortTermGovernmentLoan
|
0 | USD |
| CY2012Q3 | caas |
Short Term Government Loan
ShortTermGovernmentLoan
|
1576000 | USD |
| us-gaap |
Change In Unrealized Gain Loss On Fair Value Hedging Instruments
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments
|
-19374000 | USD | |
| us-gaap |
Change In Unrealized Gain Loss On Fair Value Hedging Instruments
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments
|
449000 | USD | |
| CY2011Q4 | caas |
Accrued Interest Current
AccruedInterestCurrent
|
626000 | USD |
| CY2012Q3 | caas |
Accrued Interest Current
AccruedInterestCurrent
|
82000 | USD |
| CY2011Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
16809000 | USD |
| CY2012Q3 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
16476000 | USD |
| CY2012Q3 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
9857000 | USD |
