HONGLI CLEAN ENERGY TECHNOLOGIES CORP. (CETC) financial statements (2020 and earlier)

Company profile

Business Address KUANGGONG RD & TIYU RD 10TH FLR,
PINGDINGSHAN, HENAN PROVINCE, 467000
State of Incorp. FL
Fiscal Year End June 30
SIC 3312 - Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments0001
Cash and cash equivalents0001
Receivables019169
Inventory, net of allowances, customer advances and progress billings0373
Inventory0373
Prepaid expense 0 
Advances on inventory purchases 899
Other undisclosed current assets (0)722
Total current assets:0303944
Noncurrent Assets
Property, plant and equipment0191415
Long-term investments and receivables1433
Long-term investments1333
Due from related parties 2  
Intangible assets, net (including goodwill) 563232
Intangible assets, net (excluding goodwill) 563232
Prepaid expense 2062
Deposits noncurrent assets  5 
Other noncurrent assets0000
Other undisclosed noncurrent assets376440107
Total noncurrent assets:38163157157
TOTAL ASSETS:38194196201
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2462
Accounts payable003 
Accrued liabilities1001
Employee-related liabilities 0  
Taxes payable1111
Interest and dividends payable032 
Debt 442150
Due to related parties1110
Customer advances and deposits 00
Other liabilities3001
Other undisclosed current liabilities06516
Total current liabilities:6563268
Noncurrent Liabilities
Long-term debt and lease obligation  29 
Long-term debt, excluding current maturities  29 
Other undisclosed noncurrent liabilities0300
Total noncurrent liabilities:03290
Total liabilities:6586268
Stockholders' equity
Stockholders' equity attributable to parent, including:33131130129
Additional paid in capital7744
Accumulated other comprehensive income3111010
Retained earnings19109112111
Other undisclosed stockholders' equity attributable to parent4444
Stockholders' equity attributable to noncontrolling interest 444
Total stockholders' equity:33135134133
TOTAL LIABILITIES AND EQUITY:38194196201

Income statement (P&L) ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
Revenues
(Revenue, Net)
19465067
Cost of revenue(12)(33)(41)(58)
Gross profit:71398
Operating expenses(106)(16)(2)(3)
Operating income (loss):(99)(3)75
Nonoperating income (expense)52(4)(2)
Investment income, nonoperating0011
Interest and debt expense(2)(6)(4)(4)
Loss from continuing operations before equity method investments, income taxes:(96)(7)(2)(1)
Other undisclosed income from continuing operations before income taxes2644
Income (loss) from continuing operations before income taxes:(93)(1)33
Income tax expense(1)(2)(2)(2)
Net income (loss):(94)(3)11
Net income attributable to noncontrolling interest4   
Net income (loss) available to common stockholders, diluted:(90)(3)11

Comprehensive Income ($ in millions)

6/30/2016
6/30/2015
6/30/2014
6/30/2013
Net income (loss):(94)(3)11
Other undisclosed comprehensive income (loss)(4)112
Comprehensive income (loss):(98)(2)13
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)   
Comprehensive income (loss), net of tax, attributable to parent:(98)(2)13

Statements sources

The financial statements are based on the company's filings with the 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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