THT Heat Transfer Technology Inc (THTI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
THT INDUSTRIAL PARK SIPING CITY, JILIN PROVINCE, 136000 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3443 - Fabricated Plate Work (Boiler Shops) (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,298 | 6,610 | 9,680 | 12,248 | 9,082 | 10,703 | |||
| Cash and cash equivalents | 6,298 | 6,610 | 9,680 | 12,248 | 9,082 | 10,703 | |||
| Receivables | 55,875 | 38,914 | 38,098 | 42,908 | 44,316 | 37,683 | |||
| Inventory, net of allowances, customer advances and progress billings | 28,522 | 21,087 | 19,830 | 27,927 | 25,304 | 31,892 | |||
| Inventory | 28,522 | 21,087 | 19,830 | 27,927 | 25,304 | 31,892 | |||
| Other undisclosed current assets | 994 | 11,786 | 11,492 | 12,592 | 18,349 | 15,886 | |||
| Total current assets: | 91,688 | 78,397 | 79,100 | 95,673 | 97,051 | 96,165 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 8,825 | 8,438 | 9,667 | 8,891 | 7,372 | 7,708 | |||
| Intangible assets, net (including goodwill) | 5,325 | ✕ | ✕ | ||||||
| Intangible assets, net (excluding goodwill) | 5,325 | ||||||||
| Restricted cash and investments | 1,112 | 514 | 369 | 738 | |||||
| Other undisclosed noncurrent assets | 3,360 | 6,758 | 7,172 | 7,935 | 8,399 | 7,597 | |||
| Total noncurrent assets: | 18,623 | 15,710 | 17,208 | 17,564 | 15,771 | 15,304 | |||
| TOTAL ASSETS: | 110,311 | 94,107 | 96,308 | 113,237 | 112,822 | 111,469 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,303 | 7,239 | 7,115 | 9,556 | 600 | 616 | |||
| Taxes payable | 56 | 511 | 20 | 653 | 600 | 616 | |||
| Employee-related liabilities | 1,866 | ||||||||
| Accounts payable | 8,954 | 6,727 | 7,095 | 8,904 | |||||
| Accrued liabilities | 3,427 | ||||||||
| Debt | 4,918 | 4,608 | 6,716 | 12,691 | 17,020 | 20,607 | |||
| Deferred revenue and credits | ✕ | 5,211 | |||||||
| Due to related parties | 7,208 | 383 | 416 | 814 | |||||
| Other undisclosed current liabilities | 14,802 | 20,526 | 19,746 | 24,362 | 31,243 | 30,563 | |||
| Total current liabilities: | 46,442 | 32,756 | 33,993 | 47,423 | 48,863 | 51,785 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 569 | 573 | 951 | ||||||
| Long-term debt, excluding current maturities | 569 | 573 | 951 | ||||||
| Total noncurrent liabilities: | 569 | 573 | 951 | ||||||
| Total liabilities: | 46,442 | 32,756 | 33,993 | 47,993 | 49,436 | 52,736 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 63,869 | 61,351 | 62,315 | 65,244 | 63,386 | 58,733 | |||
| Common stock | 20 | 20 | 20 | 20 | 20 | 20 | |||
| Additional paid in capital | 27,136 | 26,524 | 26,524 | 26,524 | 26,524 | 27,396 | |||
| Accumulated other comprehensive income (loss) | 2,203 | (1,831) | 2,381 | 5,875 | 6,146 | 4,254 | |||
| Retained earnings | 29,487 | 32,366 | 29,446 | 28,945 | 27,044 | 24,346 | |||
| Other undisclosed equity, attributable to parent | 5,023 | 4,271 | 3,943 | 3,880 | 3,653 | 2,716 | |||
| Equity, attributable to noncontrolling interest | (579) | ||||||||
| Other undisclosed equity | (752) | 1,157 | |||||||
| Total equity: | 63,117 | 61,351 | 62,315 | 65,244 | 63,386 | 59,311 | |||
| Other undisclosed liabilities and equity | 752 | (579) | |||||||
| TOTAL LIABILITIES AND EQUITY: | 110,311 | 94,107 | 96,308 | 113,237 | 112,822 | 111,469 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 65,216 | 47,587 | 45,964 | 61,097 | 71,836 | 62,771 | ||
| Revenue, net | ✕ | 65,134 | 46,277 | |||||
| Cost of revenue | (47,715) | (31,686) | (34,463) | (42,243) | (49,678) | (41,119) | ||
| Cost of goods and services sold | (47,715) | (31,686) | ||||||
| Gross profit: | 17,501 | 15,900 | 11,502 | 18,854 | 22,158 | 21,652 | ||
| Operating expenses | (20,272) | (12,445) | (11,611) | (15,730) | (17,172) | (16,336) | ||
| Operating income (loss): | (2,771) | 3,455 | (109) | 3,125 | 4,985 | 5,316 | ||
| Nonoperating income (expense) | (63) | 307 | 675 | (45) | (823) | (1,437) | ||
| Investment income, nonoperating | 29 | 80 | 92 | |||||
| Other nonoperating expense | (487) | (88) | (29) | (77) | (46) | (176) | ||
| Interest and debt expense | (327) | |||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 327 | |||||||
| Income (loss) from continuing operations before income taxes: | (2,833) | 3,762 | 566 | 3,079 | 4,163 | 3,879 | ||
| Income tax expense | (44) | (515) | (951) | (1,054) | (700) | |||
| Income (loss) from continuing operations: | (2,878) | 3,248 | 566 | 2,128 | 3,109 | 3,179 | ||
| Income (loss) before gain (loss) on sale of properties: | (2,878) | 3,248 | 566 | 2,128 | 3,109 | 3,179 | ||
| Net income (loss): | (2,878) | 3,248 | 566 | 2,128 | 3,109 | 3,179 | ||
| Net loss attributable to noncontrolling interest | (2) | (53) | (16) | |||||
| Net income (loss) available to common stockholders, diluted: | (2,880) | 3,248 | 566 | 2,128 | 3,055 | 3,163 | ||
Comprehensive Income ($ in thousands)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,878) | 3,248 | 566 | 2,128 | 3,109 | 3,179 | ||
| Comprehensive income (loss): | (2,878) | 3,248 | 566 | 2,128 | 3,109 | 3,179 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 33 | (26) | (13) | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,994 | (4,212) | (3,494) | (270) | 1,950 | 502 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,150 | (964) | (2,929) | 1,858 | 5,033 | 3,668 | ||
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.