Skystar Bio-pharmaceutical Co (SKBI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
RM 10601, JIEZUO PLAZA, NO. 4 XIAN PROVINCE, 00000 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 16,421 | 6,849 | 8,142 | 4,457 | 6,312 | 3,979 | |||
| Cash and cash equivalents | 16,421 | 6,849 | 8,142 | 4,457 | 6,312 | 3,979 | |||
| Restricted cash and investments | 7,150 | ||||||||
| Receivables | 25,735 | 19,114 | 11,009 | 26,901 | 12,127 | 12,529 | |||
| Inventory, net of allowances, customer advances and progress billings | 23,826 | 25,266 | 25,904 | 27,408 | 26,500 | 23,651 | |||
| Inventory | 23,826 | 25,266 | 25,904 | 27,408 | 26,500 | 23,651 | |||
| Prepaid expense | 2,010 | 1,608 | 2,134 | 1,783 | 2,543 | ||||
| Advances on inventory purchases | 38,408 | 40,541 | 41,061 | 27,671 | 32,360 | 33,285 | |||
| Deposits current assets | 488 | 487 | 491 | 489 | 527 | ||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,546 | ||
| Deferred tax assets | 375 | 403 | 364 | 344 | |||||
| Other undisclosed current assets | (7,270) | (5,890) | (491) | (429) | (446) | ||||
| Total current assets: | 107,142 | 88,378 | 88,615 | 88,624 | 79,924 | 75,991 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 29,984 | 30,418 | 28,269 | 28,573 | 28,849 | 28,733 | |||
| Intangible assets, net (including goodwill) | 5,075 | 5,130 | 5,237 | 5,277 | 5,307 | 5,289 | |||
| Intangible assets, net (excluding goodwill) | 5,075 | 5,130 | 5,237 | 5,277 | 5,307 | 5,289 | |||
| Prepaid expense | 4,598 | 4,593 | 4,634 | 4,622 | 1,072 | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,056 | ||
| Other undisclosed noncurrent assets | (26,734) | (30,418) | (28,086) | (28,390) | (28,667) | (28,554) | |||
| Total noncurrent assets: | 12,923 | 9,723 | 10,054 | 10,082 | 6,560 | 6,524 | |||
| Other undisclosed assets | 36,500 | 36,888 | 37,554 | 37,679 | 37,887 | 37,474 | |||
| TOTAL ASSETS: | 156,565 | 134,990 | 136,223 | 136,385 | 124,372 | 119,988 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,715 | 7,632 | 4,833 | 8,824 | 2,931 | 6,738 | |||
| Taxes payable | 4,241 | 2,853 | 1,315 | 4,973 | 1,379 | 1,673 | |||
| Accounts payable | 6,447 | 4,616 | 3,304 | 3,762 | 1,552 | 5,065 | |||
| Accrued liabilities | 27 | 163 | 214 | 88 | |||||
| Debt | 118,000 | 5,681 | 10,641 | 10,595 | 10,530 | 6,863 | |||
| Due to related parties | 3,329 | 1,962 | 1,362 | 1,742 | 1,108 | 1,002 | |||
| Customer advances and deposits | 1,894 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed current liabilities | (91,672) | 8,380 | 8,131 | 7,228 | 6,461 | 5,560 | |||
| Total current liabilities: | 42,267 | 23,655 | 24,966 | 28,388 | 21,031 | 20,163 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 796 | 874 | 865 | 1,004 | 599 | 1,070 | |||
| Deferred revenue and credits | 796 | 795 | 802 | 799 | 599 | 1,069 | |||
| Derivative instruments and hedges, liabilities | 79 | 62 | 206 | 1 | |||||
| Other undisclosed noncurrent liabilities | 1,277 | ||||||||
| Total noncurrent liabilities: | 796 | 874 | 865 | 1,004 | 599 | 2,347 | |||
| Total liabilities: | 43,063 | 24,529 | 25,830 | 29,393 | 21,630 | 22,510 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 113,502 | 110,461 | 110,393 | 106,992 | 102,742 | 97,479 | |||
| Preferred stock | |||||||||
| Common stock | 8 | 8 | 8 | 8 | 8 | 8 | |||
| Additional paid in capital | 37,786 | 37,691 | 37,631 | 37,024 | 37,021 | 37,021 | |||
| Accumulated other comprehensive income | 10,979 | 10,844 | 11,811 | 11,350 | 10,837 | 9,325 | |||
| Retained earnings | 58,776 | 55,966 | 54,990 | 52,713 | 48,979 | 45,228 | |||
| Other undisclosed equity, attributable to parent | 5,953 | 5,953 | 5,953 | 5,897 | 5,897 | 5,897 | |||
| Total equity: | 113,502 | 110,461 | 110,393 | 106,992 | 102,742 | 97,479 | |||
| TOTAL LIABILITIES AND EQUITY: | 156,565 | 134,990 | 136,223 | 136,385 | 124,372 | 119,988 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,250 | 6,833 | 9,625 | 15,992 | 11,335 | 5,531 | ||
| Revenue, net | 14,240 | 6,833 | 9,625 | 15,992 | 11,335 | 5,531 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (8,415) | (4,201) | (5,245) | (8,584) | (5,821) | (3,135) | ||
| Other undisclosed gross profit | 523 | 192 | 339 | 805 | 444 | 204 | ||
| Gross profit: | 6,359 | 2,823 | 4,720 | 8,214 | 5,957 | 2,600 | ||
| Operating expenses | (2,991) | (1,651) | (2,061) | (3,476) | (1,411) | (1,530) | ||
| Operating income: | 3,368 | 1,172 | 2,659 | 4,738 | 4,546 | 1,070 | ||
| Nonoperating income (expense) | 125 | 233 | 275 | (222) | (99) | (36) | ||
| Investment income, nonoperating | 79 | (17) | 143 | (204) | 15 | 34 | ||
| Other nonoperating income (expense) | 19 | 155 | 19 | 33 | (4) | (0) | ||
| Interest and debt expense | (174) | |||||||
| Income from continuing operations before equity method investments, income taxes: | 3,319 | 1,405 | 2,934 | 4,516 | 4,448 | 1,034 | ||
| Other undisclosed income from continuing operations before income taxes | 174 | |||||||
| Income from continuing operations before income taxes: | 3,493 | 1,405 | 2,934 | 4,516 | 4,448 | 1,034 | ||
| Income tax expense | (682) | (430) | (601) | (782) | (697) | (321) | ||
| Income from continuing operations: | 2,811 | 975 | 2,332 | 3,734 | 3,751 | 713 | ||
| Income before gain (loss) on sale of properties: | 2,811 | 975 | 2,332 | 3,734 | 3,751 | 713 | ||
| Net income available to common stockholders, diluted: | 2,811 | 975 | 2,332 | 3,734 | 3,751 | 713 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,811 | 975 | 2,332 | 3,734 | 3,751 | 713 | ||
| Comprehensive income: | 2,811 | 975 | 2,332 | 3,734 | 3,751 | 713 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 135 | (967) | 461 | 513 | 1,512 | 551 | ||
| Comprehensive income, net of tax, attributable to parent: | 2,946 | 9 | 2,794 | 4,247 | 5,263 | 1,264 | ||
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.