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

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$3.86 $0.11 (2.77%) SORL stock closing price Sep 22, 2017 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Sorl Auto Parts, and helps in stock analysis. Financial strength can be guaged by performing Sorl Auto Parts stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. The Sorl Auto Parts balance sheet for 2016 shows cash on hand of $13.53M. The cash has decreased by $17.48M. Sorl Auto Parts revenue was $272.12M and Sorl Auto Parts operating cash flow was $5.42M. View latest 0 year balance sheet data to check Sorl Auto Parts financial performance.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Cash13.53M31.01M14M28.24M41.25M17.11M6.69M10.25M7.79M4.34M
Marketable Securities-61M34.83M-------
Receivables102.12M71.82M68.17M57.91M62.15M65.34M54.16M44.54M35.79M30.58M
Inventory65.77M73.66M84.18M76.36M56.77M56.37M31.96M18.76M19.1M8.22M
Raw Materials20.12M13.03M11.93M12.38M9.11M-----
Work In Progress14.84M28.78M30.02M31.54M20.55M-----
Finished Goods30.81M31.83M42.4M32.46M27.1M-----
Notes Receivable42.69M22.87M17.62M20.18M10.09M17.98M27.31M13.08M7.53M9.41M
Other Current Assets15.13M7.59M8.09M8.15M9.29M8.04M11.13M8M5.45M5.61M
Sorl Auto Parts Total Current Assets
239.26M267.97M226.92M190.86M179.57M164.86M131.26M94.64M75.69M58.16M
Property Plant & Equipment109.5M93.34M96.07M89.38M84.31M83.49M68.35M35.81M32.92M27.88M
Accumulated Depreciation55.76M55.78M52.52M44.17M37.35M30.9M23.03M11.6M8.95M6.09M
Sorl Auto Parts Net Property Plant & Equipment
53.73M37.56M43.55M45.46M47.29M52.58M45.31M24.2M23.97M21.79M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges------0.39M0.22M0.2M0.07M
Intangibles8.32M13.25M14.45M14.45M14.8M15.19M14.39M14.3M14.63M13.94M
Deposits & Other Assets-1.75M1.96M2.18M1.87M1.88M----
Sorl Auto Parts Total Assets
301.32M320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M
Notes Payable27.41M--4.52M14.59M22.03M16.73M--3.37M
Accounts Payable65.67M35.29M13.86M13.29M14.32M10.77M10.67M9.72M4.62M5.3M
Current Portion Long-Term Debt-23.36M9.53M-------
Current Portion Capital Leases-3.51M3.73M3.63M10.45M2.3M----
Accrued Expenses20.1M13.87M13.56M10.06M8.5M8.8M6.77M4.2M2.38M1.86M
Income Taxes Payable0.99M-1.1M0.49M-0.27M1.17M0.55M0.34M0.37M
Other Current Liabilities24.74M22.07M21.17M14.18M6.91M5.54M8.04M4.25M6.75M2.54M
Sorl Auto Parts Total Current Liabilities
138.93M98.12M62.98M46.2M54.79M49.74M43.4M18.73M14.1M13.45M
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
138.93M98.12M66.71M53.47M55.08M60.44M43.57M18.85M24.22M21.47M
Minority Interest--------10M8.02M
Preferred Stock----------
Common Stock Net0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M0.03M
Capital Surplus-28.58M42.19M42.19M42.19M42.19M42.19M42.19M37.49M37.49M37.49M
Retained Earnings161.48M142.26M128.95M115.15M105.79M92.98M76.31M54.65M41.9M29.53M
Treasury Stock----------
Other Liabilities29.45M37.92M48.99M42.11M40.44M38.85M29.24M22.33M10.84M5.43M
Sorl Auto Parts Shareholders Equity
162.39M222.42M220.18M199.5M188.47M174.08M147.8M114.52M90.28M72.49M
Sorl Auto Parts Total Liabilities & Shareholders Equity
301.32M320.55M286.9M252.98M243.56M234.52M191.37M133.37M114.5M93.97M
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: SORL total assets, which was at $301.32M for 2016 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Sorl Auto Parts is $138.93M. Shareholders' equity comes under liabilities as it is money the company owes the holders of SORL stock.
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Sorl Auto Parts Balance Sheet - Key Ratios

Current ratio
1.48
Debt to equity ratio
0.41
Asset turnover ratio
1.03
Receivables turnover
3.11
price to book ratio
0.45