Keyuan Petrochemicals Inc (KEYP) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
QINGSHI INDUSTRIAL PARK, NINGBO ECONOMIC NINGBO, ZHEJIANG PROVINCE, 315803 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 286 - Industrial Organic Chemicals (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2015 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 12,309 | 23,378 | |||
| Cash and cash equivalent | 12,309 | 23,378 | |||
| Restricted cash and investments | |||||
| Receivables | 7,585 | 18,256 | |||
| Inventory, net of allowances, customer advances and progress billings | 69,914 | 48,634 | |||
| Inventory | 69,914 | 48,634 | |||
| Advances on inventory purchases | 33,842 | 23,476 | |||
| Other current assets | 65,189 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 56,320 | ||
| Other undisclosed current assets | 385,076 | 255,387 | |||
| Total current assets: | 573,915 | 425,451 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 285,506 | 227,603 | |||
| Intangible assets, net (including goodwill) | 986 | 880 | |||
| Intangible assets, net (excluding goodwill) | 986 | 880 | |||
| Prepaid expense | 3,012 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 2,232 | ||
| Other undisclosed noncurrent assets | 10,663 | 10,708 | |||
| Total noncurrent assets: | 300,167 | 241,423 | |||
| TOTAL ASSETS: | 874,082 | 666,874 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 87,041 | 161,946 | |||
| Interest and dividends payable | 2,382 | 2,382 | |||
| Taxes payable | 1,849 | 2,344 | |||
| Accounts payable | 59,043 | 130,387 | |||
| Accounts payable and other accrued liabilities | ✕ | 23,767 | 26,833 | ||
| Accrued liabilities | |||||
| Debt | 783,000 | 397,800 | |||
| Due to related parties | 479 | ||||
| Customer advances and deposits | ✕ | ✕ | |||
| Other undisclosed current liabilities | (86,220) | 24,401 | |||
| Total current liabilities: | 783,821 | 584,626 | |||
| Noncurrent Liabilities | |||||
| Other undisclosed noncurrent liabilities | |||||
| Total noncurrent liabilities: | |||||
| Total liabilities: | 783,821 | 584,626 | |||
| Temporary equity, including noncontrolling interest | 16,868 | 16,452 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 73,393 | 65,796 | |||
| Common stock | 58 | 58 | |||
| Treasury stock, value | (143) | (134) | |||
| Additional paid in capital | 51,555 | 50,653 | |||
| Accumulated other comprehensive income | 10,245 | 7,491 | |||
| Retained earnings (accumulated deficit) | 5,929 | 3,523 | |||
| Other additional capital | 5,700 | 4,100 | |||
| Other undisclosed equity, attributable to parent | 49 | 105 | |||
| Equity, attributable to noncontrolling interest | |||||
| Total equity: | 73,393 | 65,796 | |||
| TOTAL LIABILITIES AND EQUITY: | 874,082 | 666,874 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 646,549 | 750,628 | ||
| Revenue, net | 1,061,049 | 750,628 | ||
| Cost of revenue | (620,040) | (721,519) | ||
| Cost of product and service sold | (426,470) | (734,773) | ||
| Gross profit: | 26,509 | 29,109 | ||
| Operating expenses | (16,299) | (13,642) | ||
| Operating income (loss): | 10,210 | 15,467 | ||
| Nonoperating expense | (2,102) | (20,523) | ||
| Investment income, nonoperating | 8,422 | 5,940 | ||
| Gain (loss), foreign currency transaction, before tax | 10,118 | (1,319) | ||
| Other nonoperating expense | (1,833) | (79) | ||
| Interest and debt expense | (18,809) | (25,065) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 18,809 | 25,065 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 8,108 | (5,056) | ||
| Other undisclosed income from continuing operations before income taxes | ||||
| Income (loss) from continuing operations before income taxes: | 8,108 | (5,056) | ||
| Income tax expense | (3,476) | (794) | ||
| Income (loss) from continuing operations: | 4,632 | (5,850) | ||
| Income (loss) before gain (loss) on sale of properties: | 4,632 | (5,850) | ||
| Net income (loss): | 4,632 | (5,850) | ||
| Net income attributable to noncontrolling interest | ||||
| Other undisclosed net loss attributable to parent | (32) | |||
| Net income (loss) attributable to parent: | 4,600 | (5,850) | ||
| Preferred stock dividends and other adjustments | (548) | |||
| Other undisclosed net income available to common stockholders, basic | 32 | |||
| Net income (loss) available to common stockholders, diluted: | 4,084 | (5,850) | ||
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | 4,632 | (5,850) | ||
| Other undisclosed comprehensive loss | ||||
| Comprehensive income (loss): | 4,632 | (5,850) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | ||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2,754 | 945 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 7,386 | (4,905) | ||
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.