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

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$3.16 $0.23 (7.85%) SORL stock closing price Feb 23, 2017 (Closing)

The financial analysis of a company like Sorl Auto Parts involves checking the three financial statements of the company in detail, of which the balance sheet is one. 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. A company releases its balance sheet every quarter along with its quarterly results. The Sorl Auto Parts balance sheet for 2016-Q3 shows total assets of $281.08M. Sorl Auto Parts revenue was $61.88M and Sorl Auto Parts operating cash flow was $3.29M for the same quarter. View Sorl Auto Parts quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Cash12.42M8.69M7.17M31.01M5.74M11.62M4.72M14M37.9M27.02M
Marketable Securities-3.31M58.52M61M87.02M58.69M44.84M34.83M--
Receivables84.49M84.07M89.95M71.82M66.15M76.56M72.78M68.17M65.34M69.18M
Inventory63.87M58.39M68.15M73.66M68.08M73.35M79.94M84.18M81.31M82.45M
Raw Materials11.86M6.33M9.07M13.03M6.29M7.16M8.25M11.93M8.48M10.21M
Work In Progress24.94M26.27M26.06M28.78M30.83M29.82M29.86M30.02M35.66M30.53M
Finished Goods27.07M25.78M33.01M31.83M31.12M36.53M41.98M42.4M37.19M41.72M
Notes Receivable44.32M36.37M28.09M22.87M11.47M13.67M16.84M17.62M14.39M23.64M
Other Current Assets14.31M15.24M13.25M7.59M9.88M8.96M8.58M8.09M10.62M9.02M
Sorl Auto Parts Total Current Assets
219.44M206.1M265.16M267.97M248.36M242.87M227.72M226.92M209.57M211.32M
Property Plant & Equipment108.01M103.85M94.71M93.34M94.87M98.28M97.3M96.07M-93.03M
Accumulated Depreciation55.93M54.47M57.66M55.78M55.63M56.12M54.11M52.52M50.11M48.38M
Sorl Auto Parts Net Property Plant & Equipment
52.08M49.38M37.05M37.56M39.23M42.15M43.18M43.55M44.03M44.88M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles8.7M8.83M13.22M13.25M13.62M14.27M14.3M14.45M14.47M14.57M
Deposits & Other Assets0.85M1.72M1.76M1.75M1.8M1.89M1.91M1.96M2M2.07M
Sorl Auto Parts Total Assets
281.08M266.04M317.21M320.55M303.02M301.19M287.14M286.9M270.09M272.86M
Notes Payable25.13M-4.52M14.59M22.03M16.73M--3.37M-
Accounts Payable52.36M39.13M37.64M35.29M14.97M9.41M9.19M13.86M8.62M13.26M
Current Portion Long-Term Debt-25.3M17.44M23.36M22.04M18.13M12.64M9.53M--
Current Portion Capital Leases0.85M1.72M2.65M3.51M3.59M3.73M3.72M3.73M3.71M3.71M
Accrued Expenses16.68M16.16M11.96M13.87M11.84M12.73M11.54M13.56M12.32M11.92M
Income Taxes Payable1.12M1.44M--1.47M1.69M1.49M1.1M0.47M0.8M
Other Current Liabilities25.75M25.58M23.5M22.07M28.7M27.55M23.17M21.17M17.58M14.97M
Sorl Auto Parts Total Current Liabilities
121.92M109.37M93.2M98.12M82.63M73.28M61.77M62.98M50.91M55.8M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt----------
Non-Current Capital Leases----0.89M1.86M2.79M3.73M4.64M5.57M
Other Long-Term Liabilities----------
Sorl Auto Parts Total Liabilities
121.92M109.37M93.2M98.12M83.53M75.15M64.56M66.71M55.56M61.38M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M
Capital Surplus-28.58M-28.58M42.19M42.19M42.19M42.19M42.19M42.19M42.19M42.19M
Retained Earnings153.17M149.93M142.69M142.26M136.31M134.26M132M128.95M124.95M122.05M
Treasury Stock----------
Other Liabilities34.53M35.28M39.07M37.92M40.94M49.54M48.33M48.99M47.34M47.18M
Sorl Auto Parts Shareholders Equity
159.16M156.67M224M222.42M219.49M226.04M222.57M220.18M214.53M211.48M
Sorl Auto Parts Total Liabilities & Shareholders Equity
281.08M266.04M317.21M320.55M303.02M301.19M287.14M286.9M270.09M272.86M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Sorl Auto Parts stock price, and Sorl Auto Parts historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Sorl Auto Parts PE ratio chart. Below is a brief explanation of common balance sheet terms:
  • Assets: An asset is a resource that a corporation like Sorl Auto Parts owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for SORL stock as of quarter is $281.08M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • 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 $121.92M.
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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
)
0.3110