Sorl Auto Parts Income Statement - Quarterly (NASDAQ:SORL)

Add to My Stocks
$4.93 $0.13 (2.71%) SORL stock closing price Oct 20, 2016 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Sorl Auto Parts stock price alone is not sufficient. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. Like any other income statement, the SORL income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a QoQ revenue growth of $19.7M when compared to the same period in the past. The operating expenses (also check: Sorl Auto Parts assets and Sorl Auto Parts free cash flow) as shown in the Sorl Auto Parts profit and loss statement 2016-Q2 total to $65.85M. This line item has increased from $52.7M compared with last quarter. View details of revenue and profits for Sorl Auto Parts for latest & last 40 quarters.

show more
Get Income statement for another ticker
Fiscal year is Jan - Dec. 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1
Sorl Auto Parts Net Sales or Revenues
Cost Of Goods Sold (COGS)52.94M39.39M41.42M36.62M42.74M38.46M45.75M43.24M47.2M34.6M
Sorl Auto Parts Gross Profit
Research & Development Expense2.37M1.74M1.53M2.26M1.85M1.71M1.67M2.24M2.2M1.49M
Selling General & Admin Expense10.54M11.57M7.82M9.98M12.03M7.48M10.06M9.08M10.63M9.64M
Income Before Depreciation Depletion Amortization7.66M1.11M6.13M1.45M2.63M4.53M5.79M4.13M5.67M4.25M
Depreciation Depletion Amortization----------
Non Operating Income1.78M-0.49M0.6M1.78M0.86M-0.16M1.02M-0.57M-0.44M-0.67M
Interest Expense0.12M0.17M0.47M0.39M0.24M0.16M1.13M---
Sorl Auto Parts Pretax Income
Provision for Income Taxes1.27M-0.03M-0.17M0.42M0.79M0.99M1.32M0.39M0.65M0.51M
Minority Interest0.8M0.04M0.49M0.37M0.2M0.15M0.37M0.26M0.44M0.29M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations7.24M0.43M5.9M2.42M2.26M3.05M4.3M3.16M4.13M2.77M
Extraordinary Items & Discontinued Operations----------
Sorl Auto Parts Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS19.31M19.31M19.03M19.31M18.85M19.31M21.5M19.31M19.31M19.31M
Average Shares used to compute Basic EPS19.31M19.31M19.03M19.31M18.85M19.31M21.5M19.31M19.31M19.31M
Income Before Nonrecurring Items7.24M0.43M5.9M2.42M2.26M3.05M4.3M3.16M4.13M2.77M
Income from Nonrecurring Items----------
Sorl Auto Parts Earnings Per Share Basic Net
Sorl Auto Parts Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.370.020.310.
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common----------
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Sorl Auto Parts stock analysis. An investor must check the following items in an income statement:
  • 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 $73.54M for 2016-Q2 as per this Sorl Auto Parts revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. SORL stock had a healthy bottom line growth.
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)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield