China XD Plastics Co Ltd (CXDC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
500 5TH AVENUE, STE 960 NEW YORK, NY 10110 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 3086 - Plastics Foam Products (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 216,378 | 129,226 | 12,207 | 17,202 | 21,019 | 194,763 | |||
Cash and cash equivalents | 15,206 | 6,336 | 12,207 | 17,202 | 21,019 | 194,763 | |||
Short-term investments | 201,172 | 122,890 | |||||||
Restricted cash and investments | 176,431 | 164,739 | 211,231 | 224,647 | |||||
Receivables | 153,899 | 187,949 | 243,732 | 228,927 | 329,683 | 116,328 | |||
Inventory, net of allowances, customer advances and progress billings | 749,370 | 678,543 | 630,113 | 642,510 | 699,003 | 734,185 | |||
Inventory | 749,370 | 678,543 | 630,113 | 642,510 | 699,003 | 734,185 | |||
Prepaid expense | 78,195 | 91,593 | 230,108 | 118,167 | 131,090 | 80,566 | |||
Other current assets | 5,901 | 1,770 | 8,030 | 4,259 | 7,903 | 10,991 | |||
Other undisclosed current assets | 270,549 | 305,323 | 178,227 | 42,567 | 82,154 | 376,098 | |||
Total current assets: | 1,650,723 | 1,559,143 | 1,302,417 | 1,264,863 | 1,495,498 | 1,512,932 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 43,867 | 43,108 | 43,398 | 44,150 | 15,602 | 15,761 | |||
Property, plant and equipment | 856,811 | 813,776 | 820,919 | 830,320 | 798,105 | 824,360 | |||
Long-term investments and receivables | 335 | 378 | |||||||
Accounts and financing receivable, after allowance for credit loss | 335 | 378 | |||||||
Prepaid expense | 460,193 | 502,049 | 501,507 | 495,570 | 436,327 | 448,633 | |||
Deferred income tax assets | |||||||||
Other noncurrent assets | 1,291 | 737 | 736 | 979 | 801 | 3,154 | |||
Other undisclosed noncurrent assets | 28,130 | 29,062 | |||||||
Total noncurrent assets: | 1,362,161 | 1,359,670 | 1,366,560 | 1,371,020 | 1,279,301 | 1,321,348 | |||
TOTAL ASSETS: | 3,012,883 | 2,918,813 | 2,668,977 | 2,635,882 | 2,774,799 | 2,834,280 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 161,701 | 152,981 | 207,224 | 170,468 | 303,944 | 200,893 | |||
Taxes payable | 27,766 | 28,763 | 22,473 | 26,459 | 18,314 | ||||
Accounts payable | 50,306 | 48,200 | 63,095 | 57,459 | 205,440 | 115,275 | |||
Accrued liabilities | 83,629 | 76,018 | 121,655 | 86,550 | 98,503 | 67,303 | |||
Debt | 795,500 | 770,944 | 672,728 | 681,563 | 620,913 | 680,475 | |||
Due to related parties | 25,021 | 25,876 | 25,856 | 26,252 | 28,445 | 20,073 | |||
Other undisclosed current liabilities | 360,974 | 332,524 | 362,478 | 400,671 | 452,394 | 576,258 | |||
Total current liabilities: | 1,343,196 | 1,282,325 | 1,268,286 | 1,278,954 | 1,405,696 | 1,477,698 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 617,110 | 589,702 | 359,492 | 336,886 | 291,032 | 267,092 | |||
Long-term debt, excluding current maturities | 602,953 | 575,452 | 345,156 | 322,456 | 276,518 | 252,503 | |||
Liabilities, other than long-term debt | 175,246 | 170,145 | 182,576 | 91,028 | 188,253 | 193,947 | |||
Deferred revenue | 90,560 | 88,299 | 90,032 | 93,214 | 97,122 | ||||
Other liabilities | 84,686 | 81,846 | 92,544 | 91,028 | 95,039 | 96,825 | |||
Operating lease, liability | 14,157 | 14,250 | 14,336 | 14,429 | 14,513 | 14,588 | |||
Other undisclosed noncurrent liabilities | 45,871 | 92,640 | |||||||
Total noncurrent liabilities: | 792,355 | 759,847 | 587,939 | 520,554 | 479,285 | 461,038 | |||
Total liabilities: | 2,135,551 | 2,042,172 | 1,856,225 | 1,799,508 | 1,884,980 | 1,938,736 | |||
Temporary equity, carrying amount | 97,576 | ||||||||
Equity | |||||||||
Equity, attributable to parent | 829,285 | 830,734 | 812,752 | 836,374 | 889,819 | 797,967 | |||
Preferred stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
Common stock | 7 | 7 | 7 | 7 | 7 | 5 | |||
Treasury stock, value | (93) | (93) | (93) | (93) | (93) | (93) | |||
Additional paid in capital | 188,397 | 184,208 | 184,208 | 184,208 | 184,208 | 86,634 | |||
Accumulated other comprehensive loss | (47,490) | (80,085) | (80,491) | (67,908) | (79,465) | (56,775) | |||
Retained earnings | 688,464 | 726,697 | 709,121 | 720,159 | 785,161 | 768,196 | |||
Equity, attributable to noncontrolling interest | 48,047 | 45,907 | |||||||
Total equity: | 877,332 | 876,641 | 812,752 | 836,374 | 889,819 | 797,967 | |||
TOTAL LIABILITIES AND EQUITY: | 3,012,883 | 2,918,813 | 2,668,977 | 2,635,882 | 2,774,799 | 2,834,280 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 290,055 | 283,224 | 144,838 | 310,506 | 373,159 | 463,074 | ||
Cost of revenue (Cost of Goods and Services Sold) | (255,492) | (243,332) | (139,600) | (266,815) | (313,045) | (397,813) | ||
Gross profit: | 34,563 | 39,892 | 5,238 | 43,691 | 60,115 | 65,261 | ||
Operating expenses | (44,312) | (9,526) | (9,988) | (88,959) | (26,339) | (15,564) | ||
Other undisclosed operating loss | ||||||||
Operating income (loss): | (9,749) | 30,365 | (4,750) | (45,268) | 33,776 | 49,697 | ||
Nonoperating expense | (26,701) | (14,675) | (5,399) | (17,564) | (11,227) | (6,943) | ||
Gain (loss), foreign currency transaction, before tax | (6,841) | (178) | 2,368 | (2,088) | 4,066 | 3,051 | ||
Interest and debt expense | (22,927) | (15,915) | (17,916) | (20,647) | (17,036) | (12,059) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | (59,376) | (224) | (28,066) | (83,479) | 5,512 | 30,695 | ||
Other undisclosed income from continuing operations before income taxes | 22,927 | 15,915 | 17,916 | 20,647 | 17,036 | 12,059 | ||
Income (loss) from continuing operations before income taxes: | (36,450) | 15,691 | (10,149) | (62,833) | 22,548 | 42,754 | ||
Income tax expense (benefit) | (1,623) | 1,885 | (889) | (2,169) | (5,583) | (2,643) | ||
Other undisclosed income (loss) from continuing operations | (160) | |||||||
Income (loss) from continuing operations: | (38,233) | 17,576 | (11,038) | (65,002) | 16,965 | 40,111 | ||
Income (loss) before gain (loss) on sale of properties: | (38,233) | 17,576 | (11,038) | (65,002) | 16,965 | 40,111 | ||
Net income (loss): | (38,233) | 17,576 | (11,038) | (65,002) | 16,965 | 40,111 | ||
Other undisclosed net income (loss) attributable to parent | 160 | |||||||
Net income (loss) available to common stockholders, basic: | (38,073) | 17,576 | (11,038) | (65,002) | 16,965 | 40,111 | ||
Other undisclosed net income (loss) available to common stockholders, diluted | (160) | 15,431 | (3,834) | (9,586) | ||||
Net income (loss) available to common stockholders, diluted: | (38,233) | 17,576 | (11,038) | (49,571) | 13,131 | 30,525 |
Comprehensive Income ($ in thousands)Annual | Quarterly
12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (38,233) | 17,576 | (11,038) | (65,002) | 16,965 | 40,111 | ||
Other comprehensive loss | (12,583) | |||||||
Other undisclosed comprehensive income (loss) | 24,733 | |||||||
Comprehensive income (loss): | (38,233) | 17,576 | (23,622) | (40,269) | 16,965 | 40,111 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 5,638 | (17,982) | ||||||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 27,278 | 18,388 | (13,175) | (22,690) | (16,713) | |||
Comprehensive income (loss), net of tax, attributable to parent: | (5,318) | 17,982 | (23,622) | (53,444) | (5,725) | 23,398 |
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.