Wonhe High-tech International Inc (WHHT) Financial Statements (2024 and earlier)
Company Profile
Business Address |
RM1001, RESOURCE HI-TECH BLDG S TOWER NANSHAN, SHENZHEN, GUANGDONG, 00000 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 3577 - Computer Peripheral Equipment, Not Elsewhere Classified (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
6/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 42,086 | 52,075 | 34,447 | 35,146 | 5,216 | |||
Cash and cash equivalents | 42,086 | 52,075 | 34,447 | 35,146 | 5,216 | |||
Receivables | 7,898 | 3,646 | 3,268 | 4,034 | ||||
Inventory, net of allowances, customer advances and progress billings | 2 | 165 | 266 | |||||
Inventory | 2 | 165 | 266 | |||||
Prepaid expense | 15 | 2,341 | 66 | ✕ | ||||
Advances on inventory purchases | 5,283 | |||||||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 73 | ||
Other undisclosed current assets | (2,341) | |||||||
Total current assets: | 50,001 | 55,721 | 37,715 | 35,377 | 14,871 | |||
Noncurrent Assets | ||||||||
Property, plant and equipment | 1,745 | 197 | 281 | 351 | ||||
Long-term investments and receivables | 23,350 | |||||||
Due from related parties | 23,350 | |||||||
Intangible assets, net (including goodwill) | 9 | 17 | 9 | 17 | 25 | |||
Intangible assets, net (excluding goodwill) | 9 | 17 | 9 | 17 | 25 | |||
Deposits noncurrent assets | 14 | |||||||
Other noncurrent assets | 31 | 17 | 2,364 | 2,680 | ✕ | |||
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 79 | ||
Other undisclosed noncurrent assets | 33 | 5,272 | (23) | (17) | (25) | |||
Total noncurrent assets: | 23,424 | 7,051 | 2,561 | 2,960 | 430 | |||
Other undisclosed assets | 430 | 1,745 | ||||||
TOTAL ASSETS: | 73,855 | 64,516 | 40,276 | 38,338 | 15,300 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 2,133 | 417 | 349 | 245 | 1,008 | |||
Taxes payable | 282 | 177 | 172 | 34 | 794 | |||
Employee-related liabilities | 55 | 48 | 23 | 22 | 36 | |||
Accounts payable | 1,382 | 15 | 14 | |||||
Accrued liabilities | 414 | 193 | 154 | 174 | 164 | |||
Due to related parties | 434 | 336 | 242 | 143 | ||||
Total current liabilities: | 2,567 | 753 | 591 | 388 | 1,008 | |||
Noncurrent Liabilities | ||||||||
Total liabilities: | 2,567 | 753 | 591 | 388 | 1,008 | |||
Equity | ||||||||
Equity, attributable to parent, including: | 49,309 | 44,967 | 38,204 | 36,555 | 13,581 | |||
Common stock | 74 | 59 | 38 | 38 | 24 | |||
Additional paid in capital | 38,792 | 37,592 | 17,011 | 17,011 | 7,114 | |||
Accumulated other comprehensive income (loss) | (4,145) | (1,990) | 788 | 1,036 | 373 | |||
Retained earnings | 12,470 | 7,610 | 18,333 | 16,634 | 5,469 | |||
Other undisclosed equity, attributable to parent | 2,120 | 1,696 | 2,034 | 1,835 | 601 | |||
Equity, attributable to noncontrolling interest | 21,978 | 18,796 | 1,482 | 1,395 | 712 | |||
Total equity: | 71,287 | 63,763 | 39,686 | 37,950 | 14,293 | |||
TOTAL LIABILITIES AND EQUITY: | 73,855 | 64,516 | 40,276 | 38,338 | 15,300 |
Income Statement (P&L) ($ in thousands)
6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Revenues | 49,202 | 31,425 | 6,195 | 25,474 | 25,182 | ||
Cost of revenue | (33,140) | (18,136) | (3,257) | (13,219) | (12,887) | ||
Gross profit: | 16,062 | 13,289 | 2,938 | 12,255 | 12,295 | ||
Operating expenses | (2,667) | (9,179) | (760) | (1,367) | (2,813) | ||
Operating income: | 13,395 | 4,110 | 2,178 | 10,889 | 9,482 | ||
Nonoperating income (expense) | (1,599) | 105 | 111 | 88 | 113 | ||
Investment income, nonoperating | 111 | 88 | 113 | ||||
Other nonoperating income (expense) | (1,599) | 105 | |||||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (111) | (88) | (113) | ||||
Income from continuing operations before equity method investments, income taxes: | 11,796 | 4,215 | 2,178 | 10,889 | 9,482 | ||
Other undisclosed income from continuing operations before income taxes | 111 | 88 | 113 | ||||
Income from continuing operations before income taxes: | 11,796 | 4,215 | 2,290 | 10,977 | 9,595 | ||
Income tax expense (benefit) | (1,795) | (1,489) | (296) | 2,073 | (2,355) | ||
Income from continuing operations: | 10,001 | 2,726 | 1,994 | 13,049 | 7,240 | ||
Income before gain (loss) on sale of properties: | 10,001 | 2,726 | 1,994 | 13,049 | 7,240 | ||
Net income: | 10,001 | 2,726 | 1,994 | 13,049 | 7,240 | ||
Net income (loss) attributable to noncontrolling interest | (4,717) | 4,843 | (97) | (650) | (360) | ||
Other undisclosed net loss attributable to parent | (9,685) | ||||||
Net income (loss) available to common stockholders, diluted: | 5,284 | (2,117) | 1,897 | 12,400 | 6,880 |
Comprehensive Income ($ in thousands)
6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Net income: | 10,001 | 2,726 | 1,994 | 13,049 | 7,240 | ||
Other comprehensive loss | (3,596) | (3,319) | (258) | ||||
Other undisclosed comprehensive income | 89 | 696 | |||||
Comprehensive income (loss): | 6,494 | (593) | 1,736 | 13,745 | 7,240 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (3,366) | (3,943) | (87) | 682 | 360 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (1,365) | (682) | ||||
Comprehensive income (loss), net of tax, attributable to parent: | 3,128 | (4,535) | 1,648 | 13,063 | 6,918 |
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.