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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 42,08652,07534,44735,1465,216
Cash and cash equivalents 42,08652,07534,44735,1465,216
Receivables 7,8983,6463,268 4,034
Inventory, net of allowances, customer advances and progress billings 2  165266
Inventory 2  165266
Prepaid expense 15 2,34166
Advances on inventory purchases     5,283
Prepaid expense and other current assets73
Other undisclosed current assets   (2,341)  
Total current assets: 50,00155,72137,71535,37714,871
Noncurrent Assets
Property, plant and equipment  1,745197281351
Long-term investments and receivables 23,350    
Due from related parties 23,350    
Intangible assets, net (including goodwill) 91791725
Intangible assets, net (excluding goodwill) 91791725
Deposits noncurrent assets   14  
Other noncurrent assets 31172,3642,680
Prepaid expense and other noncurrent assets79
Other undisclosed noncurrent assets 335,272(23)(17)(25)
Total noncurrent assets: 23,4247,0512,5612,960430
Other undisclosed assets 4301,745   
TOTAL ASSETS: 73,85564,51640,27638,33815,300
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2,1334173492451,008
Taxes payable 28217717234794
Employee-related liabilities 5548232236
Accounts payable 1,382  1514
Accrued liabilities 414193154174164
Due to related parties 434336242143 
Total current liabilities: 2,5677535913881,008
Noncurrent Liabilities
Total liabilities: 2,5677535913881,008
Equity
Equity, attributable to parent, including: 49,30944,96738,20436,55513,581
Common stock 7459383824
Additional paid in capital 38,79237,59217,01117,0117,114
Accumulated other comprehensive income (loss) (4,145)(1,990)7881,036373
Retained earnings 12,4707,61018,33316,6345,469
Other undisclosed equity, attributable to parent 2,1201,6962,0341,835601
Equity, attributable to noncontrolling interest 21,97818,7961,4821,395712
Total equity: 71,28763,76339,68637,95014,293
TOTAL LIABILITIES AND EQUITY: 73,85564,51640,27638,33815,300

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 49,20231,4256,19525,47425,182
Cost of revenue (33,140)(18,136)(3,257)(13,219)(12,887)
Gross profit: 16,06213,2892,93812,25512,295
Operating expenses (2,667)(9,179)(760)(1,367)(2,813)
Operating income: 13,3954,1102,17810,8899,482
Nonoperating income (expense) (1,599)10511188113
Investment income, nonoperating   11188113
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: 11,7964,2152,17810,8899,482
Other undisclosed income from continuing operations before income taxes   11188113
Income from continuing operations before income taxes: 11,7964,2152,29010,9779,595
Income tax expense (benefit) (1,795)(1,489)(296)2,073(2,355)
Income from continuing operations: 10,0012,7261,99413,0497,240
Income before gain (loss) on sale of properties: 10,0012,7261,99413,0497,240
Net income: 10,0012,7261,99413,0497,240
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)1,89712,4006,880

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: 10,0012,7261,99413,0497,240
Other comprehensive loss (3,596)(3,319)(258)  
Other undisclosed comprehensive income 89  696 
Comprehensive income (loss): 6,494(593)1,73613,7457,240
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (3,366)(3,943)(87)682360
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)1,64813,0636,918

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.

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