Sutor Technology Group LTD company info

CIK 1041177
IRS Number 870578370
State of incorporation None
Business address 426 SOUTH 1000 EAST
None
SALT LAKE CITY
UT
84102
Mail address 426 SOUTH 1000 EAST
#704
SALT LAKE CITY
UT
84102

Short summary

Sutor Technology Group LTD is a Utah company, with head office located at 426 South 1000 East Salt Lake City, Utah 84102. In 2014 the company owned a total of 491.89 million USD worth of assets, including 370.21 million USD worth of current assets and 121.67 million USD worth of non-current assets. 2013 was the year when the company amassed the most assets.

Sutor Technology Group LTD Income Statement

Name [in Millions USD]200920102011201220132014Trends
Revenue, Net 431.70531.62612.08405.42
Cost of Goods and Services Sold 391.25489.90567.14
Gross Profit 40.4541.7244.9433.65
Operating Expenses 15.3218.0218.7816.49
Operating Income (Loss) 25.1323.7126.1517.16
Interest expense 7.9713.3210.2110.11
Income Tax Expense (Benefit) 3.431.002.723.02

Sutor Technology Group LTD Balance Sheet

Name [in Millions USD]200920102011201220132014Trends
Cash and cash equivalents 13.3421.329.533.6012.182.61
Accounts Receivable, Net, Current 3.977.027.336.337.59
Inventories 46.2050.4352.3878.2829.90
Deferred income taxes 0.360.710.951.514.16
Property, Plant and Equipment, Gross 117.10121.62122.33150.78
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 35.0844.4253.6862.4268.68
Intangible Assets, Net (Excluding Goodwill) 3.083.083.073.573.52
Total assets 387.46433.53504.00568.35491.89
Current assets 305.19338.21405.65475.76370.21
Non-current assets 82.2795.3298.3692.59121.67
Accounts payable 55.6757.0882.605.848.00
Total current liabilities 168.34212.80267.60312.10241.47
Long-term Debt, Excluding Current Maturities 8.491.182.862.86
Long-term Debt 23.638.497.40
Total liabilities 191.97221.29268.78323.14252.51
Common Stock, Value, Issued 0.040.040.040.040.04
Retained Earnings (Accumulated Deficit) 107.14117.73132.31137.08129.46
Accumulated Other Comprehensive Income (Loss), Net of Tax 30.0735.6241.3042.3643.99

Sutor Technology Group LTD Cash Flow

Name [in Millions USD]200920102011201220132014Trends
Depreciation 8.558.718.98
Amortization of Intangible Assets 0.070.160.08
Depreciation and amortization 7.688.628.879.07
Deferred Income Tax Expense (Benefit) -0.02-0.34-0.22-0.55
Accounts receivable -6.993.39-0.54-0.29
Inventories 3.763.150.9825.12
Accounts payable 6.2025.16-3.74
Net Cash Provided by (Used in) Operating Activities -8.1813.17-20.47
Payments to Acquire Property, Plant, and Equipment 12.9125.875.317.75
Payments to Acquire Productive Assets 19.767.968.59
Payments to Acquire Intangible Assets 03.570.57
Net Cash Provided by (Used in) Investing Activities -12.90-30.53-9.32
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -9.32-6.60
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.330.36
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.330.36
Proceeds from Issuance of Common Stock 1.50
Payments for Repurchase of Common Stock 00.610.040
Net Cash Provided by (Used in) Financing Activities 28.445.2123.76
Cash and Cash Equivalents, Period Increase (Decrease) 7.99-11.79-5.938.58