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
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments42627386429 104160
Cash and cash equivalents42627386429 104160
Receivables5,4455,4387,5385,5166,3258,2178,675
Inventory, net of allowances, customer advances and progress billings11,38111,50510,92310,97010,64411,02712,687
Inventory11,38111,50510,92310,97010,64411,02712,687
Prepaid expense793462734589633285307
Disposal group, including discontinued operation  205294748788881
Other current assets1,7221,4721,3411,3521,1551,1481,113
Total current assets:19,76619,15020,82619,15119,50521,56923,823
Noncurrent Assets
Operating lease, right-of-use asset3,7633,927791362360455672
Property, plant and equipment1,2681,3161,8431,9502,0052,1592,265
Other undisclosed noncurrent assets85908688787684
Total noncurrent assets:5,1165,3332,7212,4002,4432,6913,021
TOTAL ASSETS:24,88224,48323,54721,55121,94924,25926,844
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6,1056,8047,2446,3767,3986,4657,442
Accounts payable4,5535,5536,1195,5046,1365,5616,249
Accrued liabilities1,5521,2501,1258721,2629041,193
Debt7,0425,14210,433 8,11111,47713,304
Due to related parties1,1751,1581,1411,132101110
Disposal group, including discontinued operation  115185274307304
Other undisclosed current liabilities2,3712,14263311,0951,812343399
Total current liabilities:16,69415,24519,56618,78717,60418,60221,460
Noncurrent Liabilities
Long-term debt and lease obligation     1,8011,588
Long-term debt, excluding current maturities     1,6881,315
Operating lease, liability     113273
Liabilities, other than long-term debt     1159
Other liabilities     1159
Other undisclosed noncurrent liabilities2,8922,976158442,6121,0991,084
Total noncurrent liabilities:2,8922,976158442,6122,9012,831
Total liabilities:19,58618,22119,72418,83120,21621,50324,291
Temporary equity, carrying amount   1,532   
Stockholders' equity
Stockholders' equity attributable to parent, including:5,2876,2384,4991,9062,4523,4003,266
Preferred stock   2,7553,1333,4722,162
Common stock14,53814,53814,53814,53814,53814,53814,321
Treasury stock, value(161)(161)(161)(161)(161)(161)(161)
Additional paid in capital4,4974,6654,8335,0424,6964,3564,287
Accumulated other comprehensive loss(6,273)(5,946)(5,901)(5,885)(6,641)(6,646)(6,712)
Accumulated deficit(13,645)(13,022)(14,804)(14,382)(13,113)(12,159)(10,632)
Other undisclosed stockholders' equity attributable to parent6,3326,1645,996    
Stockholders' equity attributable to noncontrolling interest1025(676)(718)(719)(644)(712)
Total stockholders' equity:5,2976,2623,8231,1871,7332,7562,553
TOTAL LIABILITIES AND EQUITY:24,88224,48323,54721,55121,94924,25926,844

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

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Revenues6,2346,3257,4167,6795,9815,7457,068
Cost of revenue
(Cost of Goods and Services Sold)
(5,659)(5,459)(6,323)(6,479)(5,720)(5,136)(5,586)
Gross profit:5758661,0931,2002616101,481
Operating expenses(1,166)1,992(1,260)(1,370)(1,168)(1,572)(851)
Operating income (loss):(591)2,858(166)(171)(907)(962)630
Nonoperating income (expense)(47)(419)(315)(958)(8)103(638)
Foreign currency transaction gain (loss), before tax(28)36(26)7115(30)(154)
Other nonoperating income (expense)95(274)(58)(792)(16)(330)(42)
Interest and debt expense(114)(181)(231)(236)(255) (441)
Income (loss) from continuing operations before equity method investments, income taxes:(752)2,257(713)(1,365)(1,171)(859)(449)
Other undisclosed income from continuing operations before income taxes114181231236255 441
Income (loss) from continuing operations before income taxes:(638)2,439(482)(1,128)(916)(859)(7)
Other undisclosed income from continuing operations   403   
Income (loss) from continuing operations:(638)2,439(482)(725)(916)(859)(7)
Income (loss) from discontinued operations 45101(544)(113)(600)(487)
Net income (loss):(638)2,484(380)(1,269)(1,029)(1,459)(494)
Net income (loss) attributable to noncontrolling interest5(701)(42)(0)75(68)(145)
Net income (loss) attributable to parent:(633)1,782(422)(1,269)(954)(1,528)(639)
Other undisclosed net loss available to common stockholders, basic(168)(168)(1,709)(1,647)(115)(171)(2,381)
Net income (loss) available to common stockholders, diluted:(801)1,614(2,131)(2,916)(1,069)(1,699)(3,020)

Comprehensive Income ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
Net income (loss):(638)2,484(380)(1,269)(1,029)(1,459)(494)
Other comprehensive income (loss)343(48)     
Comprehensive income (loss):(295)2,436(380)(1,269)(1,029)(1,459)(494)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest5(701)(42)(0)75(68)(145)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(692)70526756(69)66(1,219)
Comprehensive income (loss), net of tax, attributable to parent:(982)2,439(397)(513)(1,023)(1,461)(1,858)

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: