China Industrial Steel Inc. (CDNN) Financial Statements (2024 and earlier)

Company Profile

Business Address 110 WALL STREET
NEW YORK, NY 10005
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 331 - Steel Works, Blast Furnaces, And Rolling And Finishing Mills (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2013
MRQ
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,711
Cash and cash equivalents 1,711
Receivables 194,416
Inventory, net of allowances, customer advances and progress billings11,585
Inventory 11,585
Prepaid expense and other current assets3,884
Other undisclosed current assets 34,582
Total current assets: 246,178
Noncurrent Assets
Property, plant and equipment 186,922
Intangible assets, net (including goodwill)4,986
Intangible assets, net (excluding goodwill) 4,986
Restricted cash and investments 5,778
Other undisclosed noncurrent assets (186,922)
Total noncurrent assets: 10,764
Other undisclosed assets 186,922
TOTAL ASSETS: 443,864
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 95,354
Taxes payable 2
Accounts payable 92,228
Accrued liabilities 3,123
Debt 31,980
Due to related parties 2,885
Other undisclosed current liabilities 111,532
Total current liabilities: 241,751
Noncurrent Liabilities
Long-term debt and lease obligation 5,669
Capital lease obligations 5,669
Liabilities, other than long-term debt 1,088
Due to related parties 1,088
Total noncurrent liabilities: 6,757
Total liabilities: 248,509
Equity
Equity, attributable to parent, including: 195,356
Common stock 7
Additional paid in capital 16,417
Accumulated other comprehensive income 16,276
Retained earnings 156,125
Other undisclosed equity, attributable to parent 6,531
Total equity: 195,356
TOTAL LIABILITIES AND EQUITY: 443,864

Income Statement (P&L) ($ in thousands)

9/30/2013
TTM
12/31/2012
Revenues
(Revenue, Net)
 649,319
Cost of revenue (634,463)
Cost of goods and services sold (634,463)
Other cost of operating revenue (304,796)
Gross profit: 14,856
Operating expenses (4,049)
Other undisclosed operating income 676
Operating income: 11,483
Nonoperating expense (4,162)
Interest and debt expense (4,561)
Other undisclosed income from continuing operations before equity method investments, income taxes 4,561
Income from continuing operations before income taxes: 7,321
Income tax expense (1,386)
Income from continuing operations: 5,935
Income before gain (loss) on sale of properties: 5,935
Net income available to common stockholders, diluted: 5,935

Comprehensive Income ($ in thousands)

9/30/2013
TTM
12/31/2012
Net income: 5,935
Comprehensive income: 5,935
Other undisclosed comprehensive income, net of tax, attributable to parent 1,981
Comprehensive income, net of tax, attributable to parent: 7,916

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.

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