Sorl Auto Parts Annual Income Statement (NASDAQ:SORL)

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

Looking at financial statements, along with the Sorl Auto Parts stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis.   The income statement gives the investor an understanding of the topline and bottomline numbers of the company and helps investors evaluate if a company has been growing or not. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the SORL stock is bound to reflect the impact of the YoY decline of $19M. 2015 revenue is $218.65M and has decreased from $237.65M year on year as is evident when you compare the latest figures in the latest Sorl Auto Parts profit and loss statement with those of the prior corresponding period. (See also:Sorl Auto Parts assets and Sorl Auto Parts free cash flow) Sorl Auto Parts revenue for 2015 is $218.65M. View revenue and profit details for latest and last 10 financial years.

show more
Annual
Quarterly
View Previous Years
View Next Years
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Sorl Auto Parts Net Sales or Revenues
218.65M237.65M208.57M192.21M216.78M199.36M124.97M130.89M115.76M84.89M
Cost Of Goods Sold (COGS)159.24M170.79M149.94M139.67M156.78M141.22M89.51M97.22M88.75M65.63M
Sorl Auto Parts Gross Profit
59.41M66.86M58.62M52.54M60M58.13M35.46M33.66M27M19.26M
Research & Development Expense7.35M7.6M7.55M7.84M9M7.22M4.33M---
Selling General & Admin Expense37.31M39.41M36.21M25.79M28.1M25.22M15.41M18.57M15M9.41M
Income Before Depreciation Depletion Amortization14.74M19.84M14.86M18.89M22.89M25.68M15.7M15.09M11.99M9.85M
Depreciation Depletion Amortization----------
Non Operating Income3.08M-0.66M-2.28M-2.62M-1.92M-0.52M0.22M0.24M0.59M-0.1M
Interest Expense1.26M1.13M--------
Sorl Auto Parts Pretax Income
16.55M18.04M12.57M16.26M20.96M25.16M15.92M15.33M12.58M9.74M
Provision for Income Taxes2.03M2.87M2.04M2M2.66M2.75M1.79M1.58M0.63M1.25M
Minority Interest1.21M1.36M1.16M1.45M---1.38M1.2M0.79M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations14.52M15.16M10.52M14.26M18.3M22.41M14.13M12.37M10.74M7.69M
Extraordinary Items & Discontinued Operations----------
Sorl Auto Parts Net Income (Profit/Loss)
13.3M13.8M9.36M12.8M18.3M22.41M14.13M12.37M10.74M7.69M
Average Shares used to compute Diluted EPS19.31M19.31M19.31M19.31M19.31M19.31M20.19M18.28M18.32M13.75M
Average Shares used to compute Basic EPS19.31M19.31M19.31M19.31M19.31M19.31M20.19M18.28M18.28M13.75M
Income Before Nonrecurring Items13.31M13.8M9.36M12.81M16.67M20.37M14.13M12.37M10.74M7.7M
Income from Nonrecurring Items----------
Sorl Auto Parts Earnings Per Share Basic Net
0.690.710.490.660.861.060.700.680.590.56
Sorl Auto Parts Earnings Per Share Diluted Net
0.690.710.490.660.861.060.700.680.590.56
EPS Diluted Before Nonrecurring Items0.690.710.490.660.861.060.700.680.590.56
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years
Get Income statement for another ticker

The key things to look for in an income statement while doing Sorl Auto Parts stock analysis are:
  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that SORL stock has a topline or revenue of $218.65M for 2015 as per this Sorl Auto Parts revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $13.3M for Sorl Auto Parts for 2015. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called statement of revenue and expense. The financials along with Sorl Auto Parts historical stock prices provides a lot of details about the firm. .

Sorl Auto Parts Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
3.3220
PS ratio (
price sales ratio
)
0.2267
Operating margin
6
Net profit margin
5.2
Dividend yield
0%