Shengkai Innovations, Inc. company info

CIK 1327364
IRS Number 113737500
State of incorporation FL
Business address NO. 106 ZHONGHUAN SOUTH ROAD
AIRPORT INDUSTRIAL PARK
TIANJIN,
F4
300350
Mail address NO. 106 ZHONGHUAN SOUTH ROAD
AIRPORT INDUSTRIAL PARK
TIANJIN,
F4
300350

Short summary

Shengkai Innovations, Inc. is a China company, with head office located at No. 106 Zhonghuan South Road Tianjin,, China 300350. In 2012 the company owned a total of 141.08 million USD worth of assets, including 83.04 million USD worth of current assets. 2011 was the year when the company amassed the most assets.

Shengkai Innovations, Inc. Income Statement

Name [in Millions USD]2009201020112012Trends
Gross Profit 53.1213.98
Research and development 0.890.83
Operating Expenses 23.5413.24
Operating Income (Loss) 29.590.73
Income Tax Expense (Benefit) 6.391.60
Net income 93.472.42

Shengkai Innovations, Inc. Balance Sheet

Name [in Millions USD]2009201020112012Trends
Cash and cash equivalents 21.0059.8764.8266.27
Inventories 2.532.752.34
Property, Plant and Equipment, Gross 57.0861.1261.52
Total assets 141.45143.60141.08
Current assets 79.6382.4783.04
Accounts payable 3.831.941.01
Total current liabilities 9.613.522.44
Long-term Debt 0.120.21
Total liabilities 15.564.013.03
Common Stock, Value, Issued 0.010.020.02
Retained Earnings (Accumulated Deficit) 42.6745.0941.94
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.4411.5912.61

Shengkai Innovations, Inc. Cash Flow

Name [in Millions USD]2009201020112012Trends
Net income 93.472.42
Depreciation 1.873.84
Amortization of Intangible Assets 0.080.060.06
Depreciation and amortization 1.513.323.32
Accounts receivable -5.813.27
Inventories -0.160.16
Accounts payable 0.81-3.02
Net Cash Provided by (Used in) Operating Activities 28.583.91
Payments to Acquire Property, Plant, and Equipment 0.060.05
Payments to Acquire Productive Assets -0.40
Payments to Acquire Intangible Assets 0.00
Net Cash Provided by (Used in) Investing Activities -9.29-0.40
Proceeds from Issuance of Common Stock 17.47
Net Cash Provided by (Used in) Financing Activities 17.47
Cash and Cash Equivalents, Period Increase (Decrease) 36.763.51