HONGLI CLEAN ENERGY TECHNOLOGIES CORP. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
KUANGGONG RD & TIYU RD 10TH FLR, PINGDINGSHAN, HENAN PROVINCE, 467000 |
| State of Incorp. | FL |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 82 | 192 | 782 | |||
| Cash and cash equivalents | 82 | 192 | 782 | |||
| Receivables | 18,917 | 15,647 | 9,474 | |||
| Inventory, net of allowances, customer advances and progress billings | 3,192 | 7,420 | 3,019 | |||
| Inventory | 3,192 | 7,420 | 3,019 | |||
| Prepaid expense | 17 | ✕ | ||||
| Advances on inventory purchases | 8,216 | 8,700 | 8,792 | |||
| Other undisclosed current assets | (18) | 7,119 | 22,074 | |||
| Total current assets: | 30,405 | 39,078 | 44,141 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 18,750 | 14,426 | 15,270 | |||
| Long-term investments and receivables | 4,433 | 2,898 | 2,886 | |||
| Due from related parties | 1,513 | |||||
| Long-term investments | 2,920 | 2,898 | 2,886 | |||
| Intangible assets, net (including goodwill) | 56,355 | 32,306 | 32,244 | |||
| Intangible assets, net (excluding goodwill) | 56,355 | 32,306 | 32,244 | |||
| Prepaid expense | 19,674 | 61,816 | ✕ | |||
| Deposits noncurrent assets | 4,874 | |||||
| Other noncurrent assets | 115 | 114 | 113 | |||
| Other undisclosed noncurrent assets | 63,908 | 40,390 | 106,642 | |||
| Total noncurrent assets: | 163,235 | 156,823 | 157,155 | |||
| TOTAL ASSETS: | 193,640 | 195,901 | 201,297 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 4,062 | 5,939 | 1,643 | |||
| Interest and dividends payable | 2,658 | 2,018 | ||||
| Taxes payable | 907 | 765 | 1,133 | |||
| Employee-related liabilities | 213 | |||||
| Accounts payable | 70 | 2,978 | ||||
| Accrued liabilities | 213 | 178 | 510 | |||
| Debt | 44,471 | 20,795 | 50,158 | |||
| Other liabilities | 201 | 265 | 681 | |||
| Due to related parties | 737 | 527 | 140 | |||
| Customer advances and deposits | 80 | 80 | ✕ | |||
| Other undisclosed current liabilities | 6,255 | 4,711 | 15,831 | |||
| Total current liabilities: | 55,806 | 32,317 | 68,454 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 29,244 | |||||
| Long-term debt, excluding current maturities | 29,244 | |||||
| Other undisclosed noncurrent liabilities | 2,626 | 0 | 0 | |||
| Total noncurrent liabilities: | 2,626 | 29,244 | 0 | |||
| Total liabilities: | 58,432 | 61,561 | 68,454 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 130,877 | 130,009 | 128,511 | |||
| Additional paid in capital | 6,846 | 3,592 | 3,592 | |||
| Accumulated other comprehensive income | 11,485 | 10,410 | 9,903 | |||
| Retained earnings | 108,832 | 112,295 | 111,305 | |||
| Other undisclosed equity, attributable to parent | 3,714 | 3,711 | 3,711 | |||
| Equity, attributable to noncontrolling interest | 4,332 | 4,332 | 4,332 | |||
| Total equity: | 135,208 | 134,340 | 132,843 | |||
| TOTAL LIABILITIES AND EQUITY: | 193,640 | 195,901 | 201,297 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 45,613 | 50,268 | 66,686 | ||
| Cost of revenue | (32,973) | (41,276) | (58,478) | ||
| Gross profit: | 12,640 | 8,992 | 8,208 | ||
| Operating expenses | (15,739) | (2,277) | (3,088) | ||
| Operating income (loss): | (3,099) | 6,715 | 5,120 | ||
| Nonoperating income (expense) | 1,682 | (3,873) | (2,411) | ||
| Investment income, nonoperating | 165 | 567 | 784 | ||
| Interest and debt expense | (5,552) | (4,477) | (3,875) | ||
| Loss from continuing operations before equity method investments, income taxes: | (6,970) | (1,635) | (1,166) | ||
| Other undisclosed income from continuing operations before income taxes | 5,552 | 4,477 | 3,875 | ||
| Income (loss) from continuing operations before income taxes: | (1,418) | 2,842 | 2,709 | ||
| Income tax expense | (2,046) | (1,851) | (1,661) | ||
| Income (loss) from continuing operations: | (3,464) | 991 | 1,048 | ||
| Income (loss) before gain (loss) on sale of properties: | (3,464) | 991 | 1,048 | ||
| Net income (loss): | (3,464) | 991 | 1,048 | ||
| Net income attributable to noncontrolling interest | |||||
| Net income (loss) available to common stockholders, diluted: | (3,464) | 991 | 1,048 | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 | 6/30/2015 | 6/30/2014 | 6/30/2013 | ||
|---|---|---|---|---|---|
| Net income (loss): | (3,464) | 991 | 1,048 | ||
| Other undisclosed comprehensive income (loss) | 1,074 | 507 | 2,289 | ||
| Comprehensive income (loss): | (2,389) | 1,498 | 3,337 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,389) | 1,498 | 3,337 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.