TRI-TECH HOLDING, INC. (TRITF) financial statements (2021 and earlier)
Company profile
| Business Address |
16TH FLOOR, TOWER B CHAOYANG DISTRICT, BEIJING, 100102 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| SIC | 8711 - Engineering Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 4 | 8 | ||
| Cash and cash equivalents | 4 | 8 | ||
| Receivables | 0 | 0 | ||
| Inventory, net of allowances, customer advances and progress billings | 10 | 8 | ||
| Inventory | 10 | 8 | ||
| Prepaid expense | 15 | ✕ | ||
| Deposits current assets | 1 | 1 | ||
| Prepaid expense and other current assets | ✕ | 4 | ||
| Assets held-for-sale | 14 | |||
| Other current assets | 7 | ✕ | ||
| Other undisclosed current assets | 37 | 59 | ||
| Total current assets: | 88 | 82 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 1 | 2 | ||
| Long-term investments and receivables | 1 | 0 | ||
| Accounts and financing receivable, after allowance for credit loss | 1 | 0 | ||
| Intangible assets, net (including goodwill) | 3 | 12 | ||
| Goodwill | 1 | 1 | ||
| Intangible assets, net (excluding goodwill) | 2 | 11 | ||
| Restricted cash and investments | 3 | 3 | ||
| Assets held-for-sale, long lived | 6 | |||
| Other undisclosed noncurrent assets | 34 | 57 | ||
| Total noncurrent assets: | 48 | 75 | ||
| TOTAL ASSETS: | 137 | 157 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 25 | 30 | ||
| Accounts payable | 9 | 6 | ||
| Accrued liabilities | 1 | 0 | ||
| Taxes payable | 4 | 4 | ||
| Other undisclosed accounts payable and accrued liabilities | 11 | 19 | ||
| Debt | 19 | 15 | ||
| Due to related parties | 5 | 9 | ||
| Liabilities of business transferred under contractual arrangement | 10 | |||
| Deferred revenue and credits | 0 | |||
| Deferred tax liabilities | 1 | 2 | ||
| Other liabilities | 0 | 0 | ||
| Other undisclosed current liabilities | 4 | 9 | ||
| Total current liabilities: | 65 | 65 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 0 | 0 | ||
| Long-term debt, excluding current maturities | 0 | 0 | ||
| Liabilities, other than long-term debt | 4 | 4 | ||
| Deferred tax liabilities, net | 4 | 4 | ||
| Other undisclosed noncurrent liabilities | 8 | |||
| Total noncurrent liabilities: | 4 | 12 | ||
| Total liabilities: | 69 | 77 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | 63 | 74 | ||
| Common stock | 0 | 0 | ||
| Treasury stock, value | (0) | (0) | ||
| Additional paid in capital | 51 | 50 | ||
| Accumulated other comprehensive income | 7 | 5 | ||
| Retained earnings | 5 | 19 | ||
| Stockholders' equity attributable to noncontrolling interest | 5 | 6 | ||
| Total stockholders' equity: | 68 | 80 | ||
| TOTAL LIABILITIES AND EQUITY: | 137 | 157 | ||
Income statement (P&L) ($ in millions)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues (Revenue, Net) | 44 | 73 | |
| Cost of revenue (Cost of Goods and Services Sold) | (35) | (55) | |
| Gross profit: | 9 | 18 | |
| Operating expenses | (20) | (18) | |
| Operating loss: | (11) | (1) | |
| Nonoperating expense | (3) | (0) | |
| Investment income, nonoperating | 0 | 0 | |
| Other nonoperating income | 3 | 2 | |
| Interest and debt expense | (2) | (2) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 2 | |
| Loss from continuing operations before income taxes: | (15) | (1) | |
| Income tax expense | (0) | (2) | |
| Net loss: | (15) | (3) | |
| Net income attributable to noncontrolling interest | 1 | 0 | |
| Net loss available to common stockholders, diluted: | (14) | (2) | |
Comprehensive Income ($ in millions)
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net loss: | (15) | (3) | |
| Other undisclosed comprehensive income | 2 | 1 | |
| Comprehensive loss: | (13) | (2) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (0) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2 | 1 | |
| Comprehensive loss, net of tax, attributable to parent: | (12) | (2) | |
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.