Yunhong CTI Ltd. (CTIB) financial statements (2022 and earlier)

Company profile

Business Address 22160 N PEPPER RD
BARRINGTON, IL 60010
State of Incorp. IL
Fiscal Year End December 31
SIC 306 - Fabricated Rubber Products, Not Elsewhere (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 429845428181563346
Cash and cash equivalents 429845428181563346
Receivables 5,51610,39910,83111,23614,83911,411
Inventory, net of allowances, customer advances and progress billings 10,97013,95920,00718,86618,34817,870
Inventory 10,97013,95920,00718,86618,34817,870
Prepaid expense 5893538588886791,057
Disposal group, including discontinued operation 294756    
Other current assets 1,3521,3128861,121531991
Other undisclosed current assets  (0)  773761
Total current assets: 19,15127,62533,01132,29135,73232,437
Noncurrent Assets
Operating lease, right-of-use asset 3621,046
Property, plant and equipment 1,9502,5313,8154,5575,3116,554
Long-term investments and receivables    534746
Due from related parties    534746
Intangible assets, net (including goodwill)   1,4731,4731,4731,473
Goodwill   1,4731,4731,4731,473
Deferred costs      113
Other noncurrent assets   327560473242
Other undisclosed noncurrent assets 881191351,049877940
Total noncurrent assets: 2,4003,6965,7507,6938,1819,368
TOTAL ASSETS: 21,55131,32138,76139,98443,91441,805
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 6,3768,2278,5467,4628,9897,214
Accounts payable 5,5047,0226,6805,4145,8624,272
Accrued liabilities 8721,2051,8672,0483,1272,942
Debt  3,4885,0681,7023,6672,074
Due to related parties 1,1321311101889
Disposal group, including discontinued operation 185657    
Other undisclosed current liabilities 11,09515,14016,58313,48711,03510,904
Total current liabilities: 18,78727,52430,20922,66123,88020,201
Noncurrent Liabilities
Long-term debt and lease obligation  2,6702,2966,8797,2398,301
Long-term debt, excluding current maturities  2,6702,2966,8797,2398,301
Liabilities, other than long-term debt   100207  
Deferred revenue and credits207  
Deferred gain on sale of property   100
Other undisclosed noncurrent liabilities 44 (100)(207)818714
Total noncurrent liabilities: 442,6702,2966,8798,0579,015
Total liabilities: 18,83130,19532,50529,54031,93629,216
Temporary equity, carrying amount 1,532     
Stockholders' equity
Stockholders' equity attributable to parent 1,9061,9837,32811,36412,71712,787
Preferred stock 2,755     
Common stock 14,53813,89813,89813,89813,89813,776
Treasury stock, value (161)(161)(161)(161)(161)(161)
Additional paid in capital 5,0423,5872,5062,2712,2501,578
Accumulated other comprehensive loss (5,885)(5,349)(6,050)(5,365)(5,594)(4,076)
Retained earnings (accumulated deficit) (14,382)(9,993)(2,865)7202,3231,671
Stockholders' equity attributable to noncontrolling interest (718)(857)(1,073)(920)(740)(198)
Total stockholders' equity: 1,1871,1276,25610,44411,97812,589
TOTAL LIABILITIES AND EQUITY: 21,55131,32138,76139,98443,91441,805

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 26,47340,53755,59156,23764,26859,365
Revenue, net56,23764,26859,365
Cost of revenue
(Cost of Goods and Services Sold)
 (22,921)(34,216)(44,162)(42,482)(47,149)(43,013)
Gross profit: 3,5526,32111,42913,75517,11916,351
Operating expenses (4,962)(8,327)(12,193)(13,125)(14,279)(13,535)
Operating income (loss): (1,410)(2,006)(764)6302,8402,817
Nonoperating expense (1,501)(2,720)(2,038)(1,701)(1,515)(1,509)
Other nonoperating expense (1,180)(680)    
Interest and debt expense (1,269)(2,028)(2,106)(1,576)(1,455)(1,615)
Loss from continuing operations before equity method investments, income taxes: (4,180)(6,754)(4,908)(2,648)(130)(307)
Other undisclosed income from continuing operations before income taxes 1,2692,0282,1061,5761,4551,615
Income (loss) from continuing operations before income taxes: (2,911)(4,726)(2,802)(1,071)1,3251,307
Income tax expense (benefit) 403(135)(937)(712)(703)(370)
Other undisclosed loss from continuing operations  (947)    
Income (loss) from continuing operations: (2,508)(5,808)(3,739)(1,783)622938
Loss from discontinued operations (1,743)(3,214)    
Income (loss) before gain (loss) on sale of properties: (4,251)(9,022)(3,739)(1,783)622938
Other undisclosed net income  947    
Net income (loss): (4,251)(8,074)(3,739)(1,783)622938
Net income (loss) attributable to noncontrolling interest (139)94715318031110
Net income (loss) attributable to parent: (4,389)(7,127)(3,586)(1,603)6531,047
Other undisclosed net loss available to common stockholders, basic (4,380)     
Net income (loss) available to common stockholders, basic: (8,770)(7,127)(3,586)(1,603)6531,047
Other undisclosed net income available to common stockholders, diluted   7,171   
Net income (loss) available to common stockholders, diluted: (8,770)(7,127)3,586(1,603)6531,047

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (4,251)(8,074)(3,739)(1,783)622938
Other comprehensive income (loss)  310  (1,518)(1,175)
Comprehensive loss: (4,251)(7,764)(3,739)(1,783)(896)(237)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (139)94715318031110
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (398) (685)229  
Comprehensive loss, net of tax, attributable to parent: (4,787)(6,817)(4,271)(1,375)(865)(128)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: