SORL Auto Parts, Inc.

Delisted

CIK 714284fmd_1GJRBPEB11WRD23WZDVRMKYV5SManufacturing · Motor Vehicle Parts & AccessoriesTemplate: Standard

Coverage: Jan 01, 2010 to Dec 31, 2019, 39 periods

Income Statement · Annual · Millions · USD
Line item	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019
Total revenues	199	217	192	209	238	219	279	391	468	540
Cost of revenue	141	(157)	136	150	171	159	203	286	346	400
Gross profit	58	60	56	59	67	59	75	104	123	140
Research and development	7	9	8	8	8	7	8	11	16	21
Selling, general and administrative	25	28	33	38	42	37	45	61	82	96
Total operating expenses	34	40	40	46	49	48	53	72	98	117
Operating income	25	20	17	15	20	15	23	35	34	34
Interest expense	1	3	2	1	1	1	1	3	14	12
Interest and investment income	–	–	–	–	0	1	1	0	6	5
Other non-operating income (expense)	–	1	(0)	(0)	–	–	–	(3)	0	(1)
Income before taxes	25	21	16	13	18	17	25	32	31	32
Income tax expense	3	3	2	2	3	2	3	5	16	4
Net income from continuing operations	22	20	14	11	15	15	21	27	15	28
Net income	20	17	13	9	14	13	19	24	13	25