China Recycling Energy Income Statement

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China Recycling Energy Corp. | Income Statement

Fiscal year is January-December. All values USD Thousands.

2013

2014

2015

2016

2017

2018

Sales/Revenue

63,193.20

19,659.10

24,355.50

6.60

4,888

Cost of Goods Sold (COGS) incl. D&A

47,847.30

14,585.50

21,138.60

11.70

1.30

Gross Income

15,345.90

5,073.60

3,216.90

5.00

1.30

4,886

SG&A Expense

4,160.70

3,494.70

2,308.60

1,563.30

2,821.00

37,757.10

EBIT

11,185.10

1,578.90

908.30

1,568.30

2,822.30

32,871.10

Unusual Expense

653.20

38.90

28,429.80

Non Operating Income/Expense

1,335.60

27,475.30

23,760.90

9,712.80

7,445.90

3,312.40

Interest Expense

6,718.70

3,431.20

3,217.70

7,178.20

5,564.50

8,738.10

Pretax Income

22,702.40

25,836.50

21,612.50

641.00

1,012.70

66,573.10

Income Tax

6,886.60

6,111.30

3,244.70

839.00

8,312.70

2,627.50

Consolidated Net Income

15,815.80

19,725.20

18,367.80

1,480.00

9,325.40

69,200.60

Net Income

15,629.50

19,811.90

18,397.40

1,827.20

8,998.30

65,996.90

Net Income After Extraordinaries

15,629.50

19,811.90

18,397.40

1,827.20

8,998.30

65,996.90

Net Income Available to Common

15,629.50

19,811.90

18,397.40

1,827.20

8,998.30

65,996.90

EPS (Basic)

2.87

2.80

2.20

0.22

1.08

7.58

Basic Shares Outstanding

5,385.00

6,962.70

8,308.10

8,310.20

8,658.30

EPS (Diluted)

2.87

2.85

2.21

0.22

1.08

7.58

Diluted Shares Outstanding

5,438.30

6,962.70

8,308.10

8,310.20

8,705.90

EBITDA

11,234.10

1,599.80

934.30

1,564.10

2,821.00

32,869.10

Non-Operating Interest Income

19,571.60

213.60

161.10

328.00

143.60

153.50

Minority Interest Expense

186.30

86.70

29.60

347.10

327.10

3,203.70

Equity in Affiliates (Pretax)

176.50

About China Recycling Energy

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Address	4/F, Tower C Xi'an Shaanxi 710068 China
Employees	-
Website	http://www.creg-cn.com
Updated	07/08/2019
China Recycling Energy Corp. manufactures energy saving ballasts and related equipment. Its operations are carried out through the following recovery systems: Blast Furnace Top Gas Recovery Turbine Unit, Cement Low Temp Heat Power Generation, Waste Gas Power Generation, Combined Cycle Power Plant, and Biomass Waste Power Generation. The TRT utilizes high pressured gas emitted from the steel blast furnace and converts the pressured energy into mechanical energy to drive the turbine units and generate electricity.

China Recycling Energy Corp. | Income Statement

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