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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
CNY (¥)
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
CNY (¥)
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
CNY (¥)
shares
Dec. 31, 2013
USD ($)
$ / shares
shares
Revenues            
Trading and manufacturing | $   $ 12,256   $ 11,647   $ 10,986
Engineering | $   6,046   7,175   7,616
Total revenues | $   18,302   18,822   18,602
Cost of revenues            
Trading and manufacturing | $   (9,577)   (9,060)   (8,422)
Engineering | $   (4,682)   (4,931)   (4,716)
Total cost of revenues | $   (14,259)   (13,991)   (13,138)
Gross profit | $   4,043   4,831   5,464
Finance costs | $   (4)   0   0
Selling and administrative expenses | $   (5,997)   (5,802)   (5,719)
Operating loss/ income | $   (1,958)   (971)   (255)
Interest income | $   45   27   45
Other income, net | $   9   65   54
(Loss) on disposal of fixed assets | $   0   0   (1)
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests | $   (1,904)   (879)   (157)
Income taxes credit / (expenses) | $   47   (18)   (73)
Equity in income of affiliates | $   850   605   325
Net (loss)/profit for the year | $   (1,007)   (292)   95
Less: net (income)/loss attributable to non-controlling interest | $   391   169   (113)
Net (loss)/income attributable to the Company | $   (616)   (123)   (18)
Other comprehensive loss            
Net (loss)/profit | $   (1,007)   (292)   95
Foreign exchange translation adjustments | $   (63)   (15)   181
Release of translation reserves upon disposal of a subsidiary | $   0   0   (74)
Comprehensive (loss)/income | $   (1,070)   (307)   202
Less: Comprehensive (income)/loss attributable to non-controlling interest | $   477   176   (167)
Comprehensive income/(loss) attributable to the Company | $   $ (593)   $ (131)   $ 35
Net income/(loss) per ordinary share            
- Basic | $ / shares   $ (.30)   $ (.06)   $ (0.01)
- Diluted | $ / shares   $ (.30)   $ (.06)   $ (0.01)
Weighted average number of ordinary shares outstanding            
- Basic | shares 2,063,738 2,063,738 2,069,223 2,069,223 2,069,223 2,069,223
- Diluted | shares 2,063,738 2,063,738 2,069,223 2,069,223 2,069,223 2,069,223
ZHEJIANG JIAHUAN            
Revenues            
Total revenues ¥ 115,515   ¥ 99,908   ¥ 89,685  
Cost of revenues            
Total cost of revenues (76,473)   (72,490)   (67,015)  
Gross profit 39,042   27,418   22,670  
Selling and administrative expenses (30,792)   (21,090)   (19,338)  
Operating loss/ income 8,250   6,328   3,332  
Interest expenses (3,861)   (2,209)   (1,702)  
Other income, net 1,408   1,075   697  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 5,797   5,194   2,327  
Income taxes credit / (expenses) (861)   (484)   (19)  
Net (loss)/profit for the year 4,936   4,710   2,308  
Less: net (income)/loss attributable to non-controlling interest 0   0   (3)  
Net (loss)/income attributable to the Company 4,936   4,710   2,305  
Other comprehensive loss            
Net (loss)/profit 4,936   4,710   2,308  
Comprehensive (loss)/income 4,936   4,710   2,308  
Less: Comprehensive (income)/loss attributable to non-controlling interest 0   0   (3)  
Comprehensive income/(loss) attributable to the Company 4,936   4,710   2,308  
ZHEJIANG TIANLAN            
Revenues            
Total revenues 419,275   396,424   378,956  
Cost of revenues            
Total cost of revenues (331,875)   (313,776)   (303,039)  
Gross profit 87,400   82,648   75,917  
Selling and administrative expenses (60,702)   (66,343)   (70,823)  
Operating loss/ income 26,698   16,305   5,094  
Interest income 166   148   194  
Interest expenses (4,710)   (6,272)   (4,751)  
Other income, net 2,773   4,595   7,424  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 24,927   14,776   7,961  
Income taxes credit / (expenses) (3,174)   (768)   (2,663)  
Net (loss)/profit for the year 21,753   14,008   5,298  
Less: net (income)/loss attributable to non-controlling interest (82)   (8)   2,328  
Net (loss)/income attributable to the Company 21,671   14,000   7,626  
Other comprehensive loss            
Net (loss)/profit 21,753   14,008   5,298  
Comprehensive (loss)/income 21,753   14,008   5,298  
Less: Comprehensive (income)/loss attributable to non-controlling interest (82)   (8)   2,328  
Comprehensive income/(loss) attributable to the Company ¥ 21,671   ¥ 14,000   ¥ 7,626