Keyuan Petrochemicals Inc (KEYP) financial statements (2021 and earlier)

Company profile

Business Address QINGSHI INDUSTRIAL PARK, NINGBO ECONOMIC
NINGBO, ZHEJIANG PROVINCE, 315803
State of Incorp. NV
Fiscal Year End December 31
SIC 286 - Industrial Organic Chemicals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2015
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments51223
Cash and cash equivalents51223
Restricted cash and investments283  
Receivables45818
Inventory, net of allowances, customer advances and progress billings567049
Inventory567049
Advances on inventory purchases803423
Prepaid expense and other current assets56
Other current assets1965
Other undisclosed current assets43385255
Total current assets:531574425
Noncurrent Assets
Property, plant and equipment273286228
Intangible assets, net (including goodwill)111
Intangible assets, net (excluding goodwill)111
Prepaid expense 3
Prepaid expense and other noncurrent assets2
Other undisclosed noncurrent assets251111
Total noncurrent assets:299300241
TOTAL ASSETS:830874667
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9987162
Accounts payable5359130
Accrued liabilities43  
Taxes payable222
Interest and dividends payable222
Accounts payable and other accrued liabilities2427
Debt695783398
Due to related parties5 0
Customer advances and deposits16
Other undisclosed current liabilities0(86)24
Total current liabilities:815784585
Noncurrent Liabilities
Other undisclosed noncurrent liabilities15  
Total noncurrent liabilities:15  
Total liabilities:831784585
Temporary equity, carrying amount 1716
Stockholders' equity
Stockholders' equity attributable to parent, including:(27)7366
Common stock000
Treasury stock, value(0)(0)(0)
Additional paid in capital715251
Accumulated other comprehensive income7107
Retained earnings (accumulated deficit)(102)64
Other additional capital 64
Other undisclosed stockholders' equity attributable to parent(3)00
Stockholders' equity attributable to noncontrolling interest26  
Total stockholders' equity:(1)7366
TOTAL LIABILITIES AND EQUITY:830874667

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

12/31/2015
12/31/2013
12/31/2012
Revenues474647751
Revenue, net5471,061751
Cost of revenue(446)(620)(722)
Cost of goods and services sold(17)(426)(735)
Gross profit:282729
Operating expenses(38)(16)(14)
Operating income (loss):(10)1015
Nonoperating expense(49)(2)(21)
Investment income, nonoperating1286
Foreign currency transaction gain (loss), before tax(13)10(1)
Other nonoperating expense(11)(2)(0)
Interest and debt expense(38)(19)(25)
Other undisclosed income from continuing operations before equity method investments, income taxes 1925
Income (loss) from continuing operations before equity method investments, income taxes:(97)8(5)
Other undisclosed income from continuing operations before income taxes38  
Income (loss) from continuing operations before income taxes:(59)8(5)
Income tax expense(1)(3)(1)
Net income (loss):(61)5(6)
Net income attributable to noncontrolling interest0  
Other undisclosed net loss attributable to parent (0) 
Net income (loss) attributable to parent:(60)5(6)
Preferred stock dividends and other adjustments (1) 
Other undisclosed net income available to common stockholders, basic 0 
Net income (loss) available to common stockholders, diluted:(60)4(6)

Comprehensive Income ($ in millions)

12/31/2015
12/31/2013
12/31/2012
Net income (loss):(61)5(6)
Other undisclosed comprehensive loss(3)  
Comprehensive income (loss):(63)5(6)
Comprehensive income, net of tax, attributable to noncontrolling interest0  
Other undisclosed comprehensive income, net of tax, attributable to parent 31
Comprehensive income (loss), net of tax, attributable to parent:(63)7(5)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: