Andatee China Marine Fuel Services Corp (AMCF) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
NO. 68 BINHAI RD DALIAN XIGANG DISTRICT XIGANG DISTRICT DALIAN, 116013 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5171 - Petroleum Bulk stations and Terminals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 788 | 3,578 | 22,639 | 11,274 | 3,522 | 257 | |||
| Cash and cash equivalents | 788 | 3,578 | 22,639 | 11,274 | 3,522 | 257 | |||
| Restricted cash and investments | 53,672 | ||||||||
| Receivables | 21,493 | 45,327 | 45,819 | 40,187 | 47,678 | 20,861 | |||
| Inventory, net of allowances, customer advances and progress billings | 36,149 | 22,868 | 3,894 | 37,670 | 20,732 | 13,668 | |||
| Inventory | 36,149 | 22,868 | 3,894 | 37,670 | 20,732 | 13,668 | |||
| Prepaid expense | 22 | ||||||||
| Deferred costs | 2,727 | 2,440 | 4,374 | ||||||
| Advances on inventory purchases | 843 | 16,943 | 25,931 | 17,258 | 22,352 | 21,084 | |||
| Deposits current assets | 715 | 714 | 720 | 4,628 | 2,333 | 702 | |||
| Other current assets | 6,940 | ||||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 477 | ||
| Other undisclosed current assets | (4,978) | 105,935 | 100,177 | 73,855 | 50,296 | 6,916 | |||
| Total current assets: | 118,372 | 197,804 | 203,552 | 184,873 | 146,913 | 63,964 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 53,048 | 53,259 | 54,293 | 51,958 | 52,379 | 40,678 | |||
| Long-term investments and receivables | 1,353 | 1,346 | 1,351 | 1,333 | 1,312 | 1,302 | |||
| Long-term investments | 1,353 | 1,346 | 1,351 | 1,333 | 1,312 | 1,302 | |||
| Intangible assets, net (including goodwill) | 15,940 | 16,013 | 16,289 | 10,638 | 10,121 | 10,096 | |||
| Goodwill | 1,246 | 1,238 | 1,220 | ||||||
| Intangible assets, net (excluding goodwill) | 15,940 | 16,013 | 16,289 | 9,393 | 8,883 | 8,876 | |||
| Other undisclosed noncurrent assets | 69,004 | 34,526 | 17,781 | 1,478 | 1,453 | 12,945 | |||
| Total noncurrent assets: | 139,346 | 105,144 | 89,715 | 65,407 | 65,266 | 65,020 | |||
| TOTAL ASSETS: | 257,717 | 302,948 | 293,267 | 250,280 | 212,179 | 128,984 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 26,179 | 18,607 | 3,156 | 24,540 | 19,258 | 8,020 | |||
| Taxes payable | 4,641 | 3,519 | 6,254 | 6,643 | 2,872 | 3,428 | |||
| Other undisclosed accounts payable and accrued liabilities | 21,538 | 15,088 | (3,098) | 17,898 | 16,386 | 4,592 | |||
| Debt | 165,390 | 219,277 | 219,177 | 147,949 | 114,368 | 47,459 | |||
| Other liabilities | 2,975 | 2,739 | 1,149 | 3,736 | 2,090 | ||||
| Due to related parties | 4,302 | 589 | |||||||
| Customer advances and deposits | 168 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed current liabilities | 5,614 | 6,128 | 9,544 | 13,217 | 10,054 | (54,269) | |||
| Total current liabilities: | 200,326 | 246,751 | 233,026 | 189,442 | 150,072 | 1,799 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 272 | 289 | 291 | 363 | 93 | 66,075 | |||
| Total noncurrent liabilities: | 272 | 289 | 291 | 363 | 93 | 66,075 | |||
| Total liabilities: | 200,598 | 247,040 | 233,317 | 189,805 | 150,165 | 67,875 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 56,420 | 53,775 | 57,641 | 58,023 | 58,280 | 57,320 | |||
| Common stock | 10 | 10 | 10 | 10 | 10 | 10 | |||
| Treasury stock, value | (498) | (498) | (498) | (498) | (498) | (498) | |||
| Additional paid in capital | 31,579 | 30,033 | 29,999 | 30,504 | 29,956 | 29,889 | |||
| Accumulated other comprehensive income | 3,914 | 5,728 | 6,206 | 5,359 | 5,621 | 4,649 | |||
| Retained earnings | 17,481 | 14,569 | 17,991 | 18,637 | 19,562 | 19,696 | |||
| Other undisclosed equity, attributable to parent | 3,933 | 3,933 | 3,933 | 4,011 | 3,629 | 3,575 | |||
| Equity, attributable to noncontrolling interest | 699 | 2,133 | 2,309 | 2,451 | 3,734 | 3,790 | |||
| Total equity: | 57,119 | 55,908 | 59,950 | 60,474 | 62,014 | 61,110 | |||
| TOTAL LIABILITIES AND EQUITY: | 257,717 | 302,948 | 293,267 | 250,280 | 212,179 | 128,984 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 175,529 | 41,957 | 82,298 | 61,565 | 75,766 | 53,632 | ||
| Cost of revenue | (166,381) | (39,092) | (78,494) | (56,653) | (71,818) | (50,164) | ||
| Gross profit: | 9,148 | 2,864 | 3,804 | 4,912 | 3,948 | 3,467 | ||
| Operating expenses | (2,584) | (2,566) | (715) | (3,915) | (2,845) | (2,109) | ||
| Operating income: | 6,564 | 299 | 3,089 | 996 | 1,103 | 1,358 | ||
| Nonoperating expense | (3,509) | (3,739) | (2,539) | (1,130) | (1,186) | (644) | ||
| Investment income, nonoperating | 943 | 192 | (57) | 59 | 14 | 211 | ||
| Other nonoperating income (expense) | (14) | (8) | 56 | (193) | (33) | 33 | ||
| Interest and debt expense | (4,461) | (3,930) | (2,624) | (738) | (1,168) | (914) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 4,461 | 3,930 | 2,624 | 738 | 1,168 | 914 | ||
| Income (loss) from continuing operations before income taxes: | 3,055 | (3,440) | 551 | (134) | (83) | 715 | ||
| Income tax expense | (22) | (122) | (1,393) | (408) | (53) | (417) | ||
| Income (loss) from continuing operations: | 3,033 | (3,562) | (842) | (542) | (136) | 298 | ||
| Income (loss) before gain (loss) on sale of properties: | 3,033 | (3,562) | (842) | (542) | (136) | 298 | ||
| Net income (loss): | 3,033 | (3,562) | (842) | (542) | (136) | 298 | ||
| Net income (loss) attributable to noncontrolling interest | (121) | 140 | 117 | (1) | 56 | 37 | ||
| Net income (loss) available to common stockholders, diluted: | 2,912 | (3,422) | (725) | (543) | (79) | 335 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,033 | (3,562) | (842) | (542) | (136) | 298 | ||
| Other undisclosed comprehensive income (loss) | 82 | (515) | 500 | (115) | 1,029 | 388 | ||
| Comprehensive income (loss): | 3,115 | (4,076) | (342) | (657) | 893 | 686 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,434 | (176) | 52 | (25) | (56) | (37) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 352 | (103) | 49 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,548 | (3,900) | (393) | (632) | 837 | 649 | ||
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.