|
Consolidated Balance Sheets In Thousands, unless otherwise specified
|
Dec. 31, 2014
USD ($)
|
Dec. 31, 2014
CNY
|
Dec. 31, 2013
CNY
|
| Current assets: |
|
|
|
| Cash and cash equivalents |
$ 13,209 |
80,826 |
149,874 |
| Restricted cash |
1,178 |
7,210 |
8,024 |
| Short-term investment |
13,156 |
80,500 |
30,000 |
| Notes receivable |
11,557 |
70,718 |
96,341 |
| Accounts receivable, net |
140,225 |
858,037 |
881,646 |
| Inventories |
50,003 |
305,967 |
204,942 |
| Prepaid expenses |
20,856 |
127,619 |
25,630 |
| Deferred tax assets |
2,515 |
15,388 |
12,920 |
| Other receivables |
6,901 |
42,229 |
42,013 |
| Total current assets |
259,600 |
1,588,494 |
1,451,390 |
| Property, plant and equipment, net |
73,976 |
452,659 |
460,932 |
| Construction-in-progress |
2,693 |
16,481 |
23,092 |
| Land use right |
14,856 |
90,902 |
92,777 |
| Goodwill |
13,768 |
84,246 |
84,246 |
| Other assets |
106 |
649 |
757 |
| Total assets |
364,999 |
2,233,431 |
2,113,194 |
| Current liabilities: |
|
|
|
| Short-term bank loans |
|
|
67,681 |
| Accounts payable |
37,364 |
228,633 |
164,695 |
| Notes Payable |
14,665 |
89,733 |
64,004 |
| Income tax payable |
2,025 |
12,389 |
15,338 |
| Value added tax payable |
1,457 |
8,917 |
25,978 |
| Advances from customers |
21,563 |
131,946 |
86,619 |
| Commission payable |
22,046 |
134,899 |
116,141 |
| Accrued employee benefits |
2,028 |
12,411 |
11,448 |
| Other liabilities |
5,959 |
36,460 |
31,411 |
| Total current liabilities |
107,107 |
655,388 |
583,315 |
| Commitments and contingencies |
|
|
|
| Long term liability: |
|
|
|
| Deferred Income |
4,964 |
30,377 |
29,176 |
| Long Term bank loans |
26,239 |
160,553 |
195,087 |
| Total Liabilities |
138,310 |
846,318 |
807,578 |
| Shareholders' equity: |
|
|
|
| Convertible preferred stock, US$0.0045 par value: Authorized shares - 2,000,000 Issued and outstanding shares - none in 2014 and 2013 |
|
|
|
| Common stock, US$0.0045 par value: Authorized shares - 40,000,000 Issued and outstanding shares -16,418,456 in 2014 and 2013 |
74 |
606 |
606 |
| Additional paid-in capital |
38,138 |
298,418 |
295,688 |
| Reserves |
13,442 |
93,985 |
90,356 |
| Retained earnings |
149,197 |
1,001,054 |
925,837 |
| Accumulated other comprehensive income |
26,106 |
(3,848) |
(3,673) |
| Stockholders' Equity before Treasury Stock |
226,957 |
1,390,215 |
1,308,814 |
| Less: Treasury shares at cost, Common stock -135,488 in 2014 and 138,306 in 2013 |
(268) |
(3,102) |
(3,198) |
| Total shareholders' equity |
226,689 |
1,387,113 |
1,305,616 |
| Total liabilities and shareholders' equity |
$ 364,999 |
2,233,431 |
2,113,194 |