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

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$2.89 $0.01 (0.34%) SORL stock closing price Jan 23, 2017 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Sorl Auto Parts stock analysis. 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. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The Sorl Auto Parts balance sheet for 2015 shows cash on hand of $31.01M. The cash has increased by $17.01M. Sorl Auto Parts revenue was $218.65M and Sorl Auto Parts operating cash flow was $39.31M. 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 2006
Cash31.01M14M28.24M41.25M17.11M6.69M10.25M7.79M4.34M11.13M
Marketable Securities61M34.83M--------
Receivables71.82M68.17M57.91M62.15M65.34M54.16M44.54M35.79M30.58M26.75M
Inventory73.66M84.18M76.36M56.77M56.37M31.96M18.76M19.1M8.22M4.52M
Raw Materials13.03M11.93M12.38M9.11M------
Work In Progress28.78M30.02M31.54M20.55M------
Finished Goods31.83M42.4M32.46M27.1M------
Notes Receivable22.87M17.62M20.18M10.09M17.98M27.31M13.08M7.53M9.41M3.49M
Other Current Assets7.59M8.09M8.15M9.29M8.04M11.13M8M5.45M5.61M8.45M
Sorl Auto Parts Total Current Assets
267.97M226.92M190.86M179.57M164.86M131.26M94.64M75.69M58.16M54.37M
Property Plant & Equipment93.34M96.07M89.38M84.31M83.49M68.35M35.81M32.92M27.88M20.41M
Accumulated Depreciation55.78M52.52M44.17M37.35M30.9M23.03M11.6M8.95M6.09M4.1M
Sorl Auto Parts Net Property Plant & Equipment
37.56M43.55M45.46M47.29M52.58M45.31M24.2M23.97M21.79M16.31M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges-----0.39M0.22M0.2M0.07M0.12M
Intangibles13.25M14.45M14.45M14.8M15.19M14.39M14.3M14.63M13.94M0.02M
Deposits & Other Assets1.75M1.96M2.18M1.87M1.88M----0.04M
Sorl Auto Parts Total Assets
320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M70.88M
Notes Payable--4.52M14.59M22.03M16.73M--3.37M-
Accounts Payable35.29M13.86M13.29M14.32M10.77M10.67M9.72M4.62M5.3M4.62M
Current Portion Long-Term Debt23.36M9.53M--------
Current Portion Capital Leases3.51M3.73M3.63M10.45M2.3M-----
Accrued Expenses13.87M13.56M10.06M8.5M8.8M6.77M4.2M2.38M1.86M1.23M
Income Taxes Payable-1.1M0.49M-0.27M1.17M0.55M0.34M0.37M0.35M
Other Current Liabilities22.07M21.17M14.18M6.91M5.54M8.04M4.25M6.75M2.54M0.96M
Sorl Auto Parts Total Current Liabilities
98.12M62.98M46.2M54.79M49.74M43.4M18.73M14.1M13.45M7.17M
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
98.12M66.71M53.47M55.08M60.44M43.57M18.85M24.22M21.47M13.51M
Minority Interest-------10M8.02M6.33M
Preferred Stock----------
Common Stock Net0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M
Capital Surplus42.19M42.19M42.19M42.19M42.19M42.19M37.49M37.49M37.49M37.44M
Retained Earnings142.26M128.95M115.15M105.79M92.98M76.31M54.65M41.9M29.53M17.98M
Treasury Stock----------
Other Liabilities37.92M48.99M42.11M40.44M38.85M29.24M22.33M10.84M5.43M1.89M
Sorl Auto Parts Shareholders Equity
222.42M220.18M199.5M188.47M174.08M147.8M114.52M90.28M72.49M57.36M
Sorl Auto Parts Total Liabilities & Shareholders Equity
320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M70.88M
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: SORL total assets, which was at $320.55M for 2015 is a balance sheet item representing value of what Sorl Auto Parts owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. SORL stock had total liabilities of $98.12M for year 2015.
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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
)
0.2840