Financial Statements for China Recycling Energy Corp.

Search Images Maps Play YouTube News Gmail Drive More »

Help | Sign in

Recent Quotes (30 days)

You have no recent quotes

chg | %

China Recycling Energy Corp. financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31	3 months ending 2011-12-31	3 months ending 2011-09-30
Revenue	0.48	0.40	0.15	0.52	18.84
Other Revenue, Total	-	-	-	-	-
Total Revenue	0.48	0.40	0.15	0.52	18.84
Cost of Revenue, Total	0.03	0.03	0.01	0.16	14.33
Gross Profit	0.44	0.37	0.13	0.35	4.52
Selling/General/Admin. Expenses, Total	0.62	0.81	0.78	0.90	0.39
Research & Development	-	-	-	-	-
Depreciation/Amortization	-	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	2.97	-	-	-8.25	0.00
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	-0.96	-3.88	-4.02	-13.19	9.25
Operating Income	1.44	4.28	4.17	13.71	9.60
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	0.11	0.00	1.04	1.97	3.84
Income Before Tax	-0.56	1.81	2.63	4.58	10.93
Income After Tax	-2.04	1.35	2.14	4.71	8.74
Minority Interest	0.64	-0.13	-0.12	-0.18	-0.09
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	-1.41	1.22	2.02	4.54	8.66
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	-1.41	1.22	2.02	4.54	8.66
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	-1.41	1.22	2.02	4.82	8.66
Income Available to Common Incl. Extra Items	-1.41	1.22	2.02	4.82	8.66
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	0.00	0.26	0.24	-0.53	0.37
Diluted Weighted Average Shares	47.05	51.38	53.01	58.70	54.95
Diluted EPS Excluding Extraordinary Items	-0.03	0.03	0.04	0.07	0.16
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.01	0.03	0.04	-0.02	0.16

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Revenue	31.29	75.61	44.24	19.22
Other Revenue, Total	-	-	-	-
Total Revenue	31.29	75.61	44.24	19.22
Cost of Revenue, Total	23.01	57.03	33.60	14.00
Gross Profit	8.28	18.57	10.63	5.22
Selling/General/Admin. Expenses, Total	4.74	6.34	4.19	3.35
Research & Development	-	-	-	-
Depreciation/Amortization	-	-	-	-
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	-8.25	0.00	-	-
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	-2.60	48.24	30.74	15.07
Operating Income	33.89	27.37	13.49	4.15
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	0.13	0.00	-0.09	0.11
Income Before Tax	26.63	24.69	13.01	-0.59
Income After Tax	22.40	17.83	10.06	-2.22
Minority Interest	-0.95	-1.79	-0.35	0.00
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	21.45	16.03	9.71	-2.22
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	21.45	16.03	9.71	-2.22
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	21.73	16.03	9.71	-2.22
Income Available to Common Incl. Extra Items	21.73	16.03	9.71	-2.22
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	0.17	0.50	0.00	0.00
Diluted Weighted Average Shares	56.06	49.80	46.19	32.10
Diluted EPS Excluding Extraordinary Items	0.39	0.33	0.21	-0.07
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	0.27	0.33	0.21	-0.07

In Millions of USD (except for per share items)	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31	As of 2011-12-31	As of 2011-09-30
Cash & Equivalents	56.16	41.65	26.47	14.95	19.70
Short Term Investments	9.54	9.06	8.70	8.73	9.37
Cash and Short Term Investments	65.71	50.71	35.17	23.67	29.06
Accounts Receivable - Trade, Net	0.59	0.58	13.38	19.11	-
Receivables - Other	-	-	-	-	-
Total Receivables, Net	1.46	1.58	14.79	22.15	2.31
Total Inventory	-	-	-	-	-
Prepaid Expenses	0.16	0.16	0.23	0.23	0.08
Other Current Assets, Total	1.99	0.99	0.79	0.32	0.00
Total Current Assets	69.32	53.45	50.98	46.37	31.45
Property/Plant/Equipment, Total - Gross	15.94	32.54	32.52	32.47	32.18
Accumulated Depreciation, Total	-	-	-	-	-
Goodwill, Net	-	-	-	-	-
Intangibles, Net	-	-	-	-	-
Long Term Investments	120.02	122.84	125.83	127.96	146.70
Other Long Term Assets, Total	1.03	1.05	1.08	1.10	1.11
Total Assets	206.40	209.98	210.51	208.01	211.57
Accounts Payable	0.67	2.36	3.28	6.89	12.30
Accrued Expenses	5.59	4.13	2.36	1.79	6.73
Notes Payable/Short Term Debt	2.52	1.47	6.82	0.63	0.00
Current Port. of LT Debt/Capital Leases	21.67	24.60	16.15	17.09	13.22
Other Current liabilities, Total	2.69	2.72	3.85	4.57	2.71
Total Current Liabilities	33.14	35.28	32.47	30.98	34.96
Long Term Debt	48.88	51.85	56.08	57.29	63.69
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	48.88	51.85	56.08	57.29	63.69
Total Debt	73.06	77.92	79.05	75.02	76.91
Deferred Income Tax	7.16	6.37	6.32	6.39	8.44
Minority Interest	4.14	4.78	4.67	4.55	4.34
Other Liabilities, Total	0.58	0.58	0.59	0.59	0.64
Total Liabilities	93.90	98.87	100.12	99.80	112.06
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-	-
Common Stock, Total	0.05	0.05	0.05	0.05	0.04
Additional Paid-In Capital	58.61	55.53	55.44	55.42	52.05
Retained Earnings (Accumulated Deficit)	43.31	44.71	43.49	41.47	36.93
Treasury Stock - Common	-	-	-	-	-
Other Equity, Total	10.53	10.82	11.41	11.28	10.49
Total Equity	112.50	111.11	110.38	108.21	99.51
Total Liabilities & Shareholders' Equity	206.40	209.98	210.51	208.01	211.57
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	50.22	46.47	46.47	46.47	43.53

In Millions of USD (except for per share items)	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31	As of 2008-12-31
Cash & Equivalents	14.95	11.07	1.11	7.27
Short Term Investments	8.73	7.62	4.40	1.97
Cash and Short Term Investments	23.67	18.70	5.51	9.24
Accounts Receivable - Trade, Net	19.11	0.00	-	0.00
Receivables - Other	-	-	-	-
Total Receivables, Net	22.15	0.95	1.01	0.19
Total Inventory	-	-	-	10.53
Prepaid Expenses	0.23	0.03	0.09	3.85
Other Current Assets, Total	0.32	2.15	1.46	0.00
Total Current Assets	46.37	21.83	8.06	23.81
Property/Plant/Equipment, Total - Gross	32.47	25.38	34.86	3.73
Accumulated Depreciation, Total	-	-	-	-
Goodwill, Net	-	-	-	-
Intangibles, Net	-	-	-	0.00
Long Term Investments	127.96	117.59	48.15	14.84
Other Long Term Assets, Total	1.10	0.77	0.36	2.64
Total Assets	208.01	165.73	92.48	45.12
Accounts Payable	6.89	6.38	4.05	1.19
Accrued Expenses	1.79	3.45	2.79	3.53
Notes Payable/Short Term Debt	3.63	7.27	1.46	5.00
Current Port. of LT Debt/Capital Leases	14.09	6.89	0.00	-
Other Current liabilities, Total	4.57	2.82	1.29	1.97
Total Current Liabilities	30.98	26.81	9.59	11.69
Long Term Debt	57.29	57.57	33.57	0.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	57.29	57.57	33.57	0.00
Total Debt	75.02	71.74	35.03	5.00
Deferred Income Tax	6.39	6.43	2.30	0.82
Minority Interest	4.55	3.40	0.62	0.02
Other Liabilities, Total	0.59	0.71	0.35	0.17
Total Liabilities	99.80	94.92	46.43	12.70
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	0.05	0.04	0.04	0.04
Additional Paid-In Capital	55.42	44.67	38.32	34.53
Retained Earnings (Accumulated Deficit)	41.47	20.02	3.98	-5.73
Treasury Stock - Common	-	-	-	-
Other Equity, Total	11.28	6.08	3.71	3.58
Total Equity	108.21	70.81	46.05	32.42
Total Liabilities & Shareholders' Equity	208.01	165.73	92.48	45.12
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	46.47	39.20	38.78	36.43

In Millions of USD (except for per share items)	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31	12 months ending 2011-12-31
Net Income/Starting Line	1.45	3.50	2.14	22.40
Depreciation/Depletion	0.04	0.03	0.01	0.06
Amortization	-	-	-	-
Deferred Taxes	1.57	0.57	0.23	0.01
Non-Cash Items	3.89	0.09	-0.26	-36.95
Changes in Working Capital	40.59	24.57	7.92	-2.75
Cash from Operating Activities	47.54	28.75	10.04	-17.23
Capital Expenditures	0.00	0.00	0.00	-0.01
Other Investing Cash Flow Items, Total	-1.68	-0.68	-0.48	1.90
Cash from Investing Activities	-1.68	-0.68	-0.48	1.89
Financing Cash Flow Items	-3.41	-3.42	-2.41	1.12
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	-	-	-	0.00
Issuance (Retirement) of Debt, Net	-0.96	2.19	4.32	17.37
Cash from Financing Activities	-4.37	-1.22	1.92	18.48
Foreign Exchange Effects	-0.28	-0.15	0.04	0.74
Net Change in Cash	41.22	26.70	11.52	3.88
Cash Interest Paid, Supplemental	2.88	1.89	0.56	9.37
Cash Taxes Paid, Supplemental	3.04	2.70	1.82	3.47

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Net Income/Starting Line	22.40	17.83	10.06	-2.22
Depreciation/Depletion	0.06	0.02	0.04	0.02
Amortization	-	-	-	-
Deferred Taxes	0.01	4.52	2.09	0.82
Non-Cash Items	-36.95	-56.88	-36.31	6.23
Changes in Working Capital	-2.75	20.21	-13.36	-2.89
Cash from Operating Activities	-17.23	-14.30	-37.49	1.96
Capital Expenditures	-0.01	-0.08	-0.03	-0.12
Other Investing Cash Flow Items, Total	1.90	-0.63	-1.48	-10.78
Cash from Investing Activities	1.89	-0.71	-1.51	-10.90
Financing Cash Flow Items	1.12	1.59	0.82	-0.08
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	0.00	0.43	2.00	9.03
Issuance (Retirement) of Debt, Net	17.37	22.98	30.02	5.00
Cash from Financing Activities	18.48	25.00	32.84	13.96
Foreign Exchange Effects	0.74	-0.02	0.00	0.61
Net Change in Cash	3.88	9.96	-6.16	5.63
Cash Interest Paid, Supplemental	9.37	4.76	0.36	0.00
Cash Taxes Paid, Supplemental	3.47	1.75	1.48	0.15