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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
CNY (¥)
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
CNY (¥)
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
CNY (¥)
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Revenues            
Trading and manufacturing | $   $ 13,721   $ 12,256   $ 11,647
Engineering | $   8,757   6,046   7,175
Total revenues | $   22,478   18,302   18,822
Cost of revenues            
Trading and manufacturing | $   (11,331)   (9,577)   (9,060)
Engineering | $   (6,196)   (4,682)   (4,931)
Total cost of revenues | $   (17,527)   (14,259)   (13,991)
Gross profit | $   4,951   4,043   4,831
Finance costs | $   (19)   (4)   0
Selling and administrative expenses | $   (5,602)   (5,997)   (5,802)
Operating (loss) / income | $   (670)   (1,958)   (971)
Interest income | $   18   45   27
Other income, net | $   5   9   65
Gain (Loss) on disposal of fixed assets | $   7   0   0
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests | $   (640)   (1,904)   (879)
Income taxes (expenses) / credit | $   (228)   47   (18)
Net gain on deemed disposal of affiliate | $   24   0   0
Equity in income of affiliates | $   1,002   850   605
Net (loss)/profit for the year | $   158   (1,007)   (292)
Less: net (income)/loss attributable to non-controlling interest | $   73   391   169
Net profit / (loss) attributable to the Company | $   231   (616)   (123)
Other comprehensive income / (loss)            
Net profit / (loss) | $   158   (1,007)   (292)
Foreign exchange translation adjustments | $   4   (63)   (15)
Comprehensive income / (loss) | $   162   (1,070)   (307)
Less: Comprehensive (income)/loss attributable to non-controlling interest | $   127   477   176
Comprehensive income/(loss) attributable to the Company | $   $ 289   $ (593)   $ (131)
Net income/(loss) per ordinary share            
- Basic | $ / shares   $ .11   $ (0.30)   $ (0.06)
- Diluted | $ / shares   $ .11   $ (0.30)   $ (0.06)
Weighted average number of ordinary shares outstanding            
- Basic | shares 2,061,909 2,061,909 2,063,738 2,063,738 2,069,223 2,069,223
- Diluted | shares 2,061,909 2,061,909 2,063,738 2,063,738 2,069,223 2,069,223
ZHEJIANG TIANLAN            
Revenues            
Total revenues ¥ 289,086   ¥ 419,275   ¥ 396,424  
Cost of revenues            
Total cost of revenues (202,869)   (331,875)   (313,776)  
Gross profit 86,217   87,400   82,648  
Selling and administrative expenses (60,528)   (60,702)   (66,343)  
Operating (loss) / income 25,689   26,698   16,305  
Loss on disposal of a subsidiary (35)   0   0  
Interest income 70   166   148  
Interest expenses (1,577)   (4,710)   (6,272)  
Other income, net 3,456   2,773   4,595  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 27,603   24,927   14,776  
Income taxes (expenses) / credit (4,961)   (3,174)   (768)  
Net (loss)/profit for the year 22,642   21,753   14,008  
Less: net (income)/loss attributable to non-controlling interest 586   (82)   (8)  
Net profit / (loss) attributable to the Company 23,228   21,671   14,000  
Other comprehensive income / (loss)            
Net profit / (loss) 22,642   21,753   14,008  
Comprehensive income / (loss) 22,642   21,753   14,008  
Less: Comprehensive (income)/loss attributable to non-controlling interest 586   (82)   (8)  
Comprehensive income/(loss) attributable to the Company 23,228   21,671   14,000  
ZHEJIANG JIAHUAN            
Revenues            
Total revenues 111,585   115,515   99,908  
Cost of revenues            
Total cost of revenues (65,304)   (76,473)   (72,490)  
Gross profit 46,281   39,042   27,418  
Selling and administrative expenses (35,671)   (30,792)   (21,090)  
Operating (loss) / income 10,610   8,250   6,328  
Non-operating income 922   0   0  
Non-operating expense (1,518)   0   0  
Interest expenses (2,752)   (3,861)   (2,209)  
Other income, net 4,592   1,408   1,075  
Other expenses, net (5)   0   0  
(Loss)/profit before income taxes, equity in income of affiliates and non-controlling interests 11,849   5,797   5,194  
Income taxes (expenses) / credit (1,387)   (861)   (484)  
Net (loss)/profit for the year 10,462   4,936   4,710  
Less: net (income)/loss attributable to non-controlling interest 0   0   0  
Net profit / (loss) attributable to the Company 10,462   4,936   4,710  
Other comprehensive income / (loss)            
Net profit / (loss) 10,462   4,936   4,710  
Comprehensive income / (loss) 10,462   4,936   4,710  
Less: Comprehensive (income)/loss attributable to non-controlling interest 0   0   0  
Comprehensive income/(loss) attributable to the Company ¥ 10,462   ¥ 4,936   ¥ 4,710