Sorl Auto Parts Balance Sheet - Annual (NASDAQ:SORL)

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$2.8 $0.04 (1.41%) SORL stock closing price Feb 17, 2017 (Closing)

The fundamental analysis of this company requires a thorough look at Sorl Auto Parts balance sheet. As in our Sorl Auto Parts stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Sorl Auto Parts operating cash flow was $39.31M while Sorl Auto Parts revenue stood at $218.65M. View latest and last 10 year balance sheet data to check Sorl Auto Parts financial performance..

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash31.01M14M28.24M41.25M17.11M6.69M10.25M7.79M4.34M
Marketable Securities61M34.83M-------
Receivables71.82M68.17M57.91M62.15M65.34M54.16M44.54M35.79M30.58M
Inventory73.66M84.18M76.36M56.77M56.37M31.96M18.76M19.1M8.22M
Raw Materials13.03M11.93M12.38M9.11M-----
Work In Progress28.78M30.02M31.54M20.55M-----
Finished Goods31.83M42.4M32.46M27.1M-----
Notes Receivable22.87M17.62M20.18M10.09M17.98M27.31M13.08M7.53M9.41M
Other Current Assets7.59M8.09M8.15M9.29M8.04M11.13M8M5.45M5.61M
Sorl Auto Parts Total Current Assets
267.97M226.92M190.86M179.57M164.86M131.26M94.64M75.69M58.16M
Property Plant & Equipment93.34M96.07M89.38M84.31M83.49M68.35M35.81M32.92M27.88M
Accumulated Depreciation55.78M52.52M44.17M37.35M30.9M23.03M11.6M8.95M6.09M
Sorl Auto Parts Net Property Plant & Equipment
37.56M43.55M45.46M47.29M52.58M45.31M24.2M23.97M21.79M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges-----0.39M0.22M0.2M0.07M
Intangibles13.25M14.45M14.45M14.8M15.19M14.39M14.3M14.63M13.94M
Deposits & Other Assets1.75M1.96M2.18M1.87M1.88M----
Sorl Auto Parts Total Assets
320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M
Notes Payable--4.52M14.59M22.03M16.73M--3.37M
Accounts Payable35.29M13.86M13.29M14.32M10.77M10.67M9.72M4.62M5.3M
Current Portion Long-Term Debt23.36M9.53M-------
Current Portion Capital Leases3.51M3.73M3.63M10.45M2.3M----
Accrued Expenses13.87M13.56M10.06M8.5M8.8M6.77M4.2M2.38M1.86M
Income Taxes Payable-1.1M0.49M-0.27M1.17M0.55M0.34M0.37M
Other Current Liabilities22.07M21.17M14.18M6.91M5.54M8.04M4.25M6.75M2.54M
Sorl Auto Parts Total Current Liabilities
98.12M62.98M46.2M54.79M49.74M43.4M18.73M14.1M13.45M
Mortgages---------
Deferred Taxes/Income---0.29M0.23M0.17M0.11M0.1M-
Convertible Debt---------
Long-Term Debt---------
Non-Current Capital Leases-3.73M7.27M-10.46M----
Other Long-Term Liabilities---------
Sorl Auto Parts Total Liabilities
98.12M66.71M53.47M55.08M60.44M43.57M18.85M24.22M21.47M
Minority Interest-------10M8.02M
Preferred Stock---------
Common Stock Net0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M
Capital Surplus42.19M42.19M42.19M42.19M42.19M42.19M37.49M37.49M37.49M
Retained Earnings142.26M128.95M115.15M105.79M92.98M76.31M54.65M41.9M29.53M
Treasury Stock---------
Other Liabilities37.92M48.99M42.11M40.44M38.85M29.24M22.33M10.84M5.43M
Sorl Auto Parts Shareholders Equity
222.42M220.18M199.5M188.47M174.08M147.8M114.52M90.28M72.49M
Sorl Auto Parts Total Liabilities & Shareholders Equity
320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Sorl Auto Parts stock price, and Sorl Auto Parts historical stock prices show the stock price movement over time, and the Sorl Auto Parts PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
  • Assets: An asset is a resource that a corporation like Sorl Auto Parts owns and has monetary significance. SORL assets grew from $286.9M in 2014 to $320.55M in 2015 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Sorl Auto Parts's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for SORL stock stand at $98.12M.
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Sorl Auto Parts Balance Sheet - Key Ratios

Current ratio
1.8
Debt to Equity ratio
0.01
Asset Turnover
ratio
0.91
receivables turnover
ratio
3.1
PB ratio (
price to book ratio
)
0.2750