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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2014
CNY (¥)
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
CNY (¥)
shares
Dec. 31, 2013
USD ($)
$ / shares
shares
Dec. 31, 2012
CNY (¥)
shares
Dec. 31, 2012
USD ($)
$ / shares
shares
Revenues            
Trading and manufacturing | $   $ 11,647   $ 10,986   $ 10,866
Engineering | $   7,175   7,616   10,779
Total revenues | $   18,822   18,602   21,645
Cost of revenues            
Trading and manufacturing | $   (9,060)   (8,422)   (8,230)
Engineering | $   (4,931)   (4,716)   (7,250)
Total cost of revenues | $   (13,991)   (13,138)   (15,480)
Gross profit | $   4,831   5,464   6,165
Selling and administrative expenses | $   (5,802)   (5,719)   (6,224)
Operating loss/ income | $   (971)   (255)   (59)
Interest income | $   27   45   46
Other income, net | $   65   54   48
(Loss)/gain on disposal of fixed assets | $   0   (1)   (22)
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests | $   (879)   (157)   13
Income (taxes)/benefit | $   (18)   (73)   (142)
Equity in income of affiliates | $   605   325   9
Net (loss)/profit for the year | $   (292)   95   (120)
Less: net (income)/loss attributable to non-controlling interest | $   169   (113)   (309)
Net (loss)/income attributable to the Company | $   (123)   (18)   (429)
Other comprehensive (loss) / income            
Net (loss)/profit | $   (292)   95   (120)
Foreign exchange translation adjustments | $   (15)   181   0
Release of translation reserves upon disposal of a subsidiary | $   0   (74)    
Comprehensive (loss)/income | $   (307)   202   (120)
Less: Comprehensive (income)/loss attributable to non-controlling interest | $   176   (167)   (309)
Comprehensive income/(loss) attributable to the Company | $   $ (131)   $ 35   $ (429)
Net income/(loss) per ordinary share            
- Basic | $ / shares   $ (.06)   $ (0.01)   $ (0.21)
- Diluted | $ / shares   $ (.06)   $ (0.01)   $ (0.21)
Weighted average number of ordinary shares outstanding            
- Basic | shares 2,069,223 2,069,223 2,069,223 2,069,223 2,070,685 2,070,685
- Diluted | shares 2,069,223 2,069,223 2,069,223 2,069,223 2,076,315 2,076,315
ZHEJIANG TIANLAN            
Revenues            
Total revenues ¥ 396,424   ¥ 378,956   ¥ 281,203  
Cost of revenues            
Total cost of revenues (313,776)   (303,039)   (216,362)  
Gross profit 82,648   75,917   64,841  
Selling and administrative expenses (66,343)   (70,823)   (66,902)  
Operating loss/ income 16,305   5,094   (2,061)  
Interest income 148   194   149  
Interest expenses (6,272)   (4,751)   (4,496)  
Other income, net 4,595   7,424   7,341  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 14,776   7,961   933  
Income (taxes)/benefit (768)   (2,663)   (2,434)  
Net (loss)/profit for the year 14,008   5,298   (1,501)  
Less: net (income)/loss attributable to non-controlling interest (8)   2,328   251  
Net (loss)/income attributable to the Company 14,000   7,626   (1,250)  
Other comprehensive (loss) / income            
Net (loss)/profit 14,008   5,298   (1,501)  
Foreign exchange translation adjustments 0   0   0  
Comprehensive (loss)/income 14,008   5,298   (1,501)  
Less: Comprehensive (income)/loss attributable to non-controlling interest (8)   2,328   251  
Comprehensive income/(loss) attributable to the Company 14,000   7,626   (1,250)  
ZHEJIANG JIAHUAN            
Revenues            
Total revenues 99,908   89,685   80,097  
Cost of revenues            
Total cost of revenues (72,490)   (67,015)   (59,570)  
Gross profit 27,418   22,670   20,527  
Selling and administrative expenses (21,090)   (19,338)   (18,485)  
Operating loss/ income 6,328   3,332   2,042  
Interest expenses (2,209)   (1,702)   (1,574)  
Other income, net 1,075   697   1,067  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 5,194   2,327   1,535  
Income (taxes)/benefit (484)   (19)   0  
Net (loss)/profit for the year 4,710   2,308   1,535  
Less: net (income)/loss attributable to non-controlling interest 0   (3)   (16)  
Net (loss)/income attributable to the Company 4,710   2,305   1,519  
Other comprehensive (loss) / income            
Comprehensive (loss)/income 4,710   2,308   1,535  
Less: Comprehensive (income)/loss attributable to non-controlling interest 0   (3)   (16)  
Comprehensive income/(loss) attributable to the Company ¥ 4,710   ¥ 2,305   ¥ 1,519