SORL Auto Parts, Inc.
Consumer Discretionary · Motor Vehicle Parts & Accessories · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $540.2M | $468.0M | $390.5M | $278.7M | $218.7M | $237.7M |
| Operating income | $33.9M | $34.2M | $35.1M | $23.2M | $14.7M | $19.8M |
| Net income | $25.4M | $12.7M | $24.3M | $19.2M | $13.3M | $13.8M |
| Total assets | $817.7M | $794.4M | $582.3M | $301.3M | $320.6M | $286.9M |
| Total liabilities | $587.7M | $588.9M | $382.0M | $138.9M | $98.1M | $66.7M |
| Equity | $198.6M | $176.7M | $173.2M | $139.1M | $200.2M | $198.7M |
| EPS (diluted) | $1.32 | $0.66 | $1.26 | $1.00 | $0.69 | $0.71 |
| Shares out. | 19.3M | 19.3M | 19.3M | 19.3M | 19.3M | 19.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- 6.3%
- Net margin
- 4.7%
- Return on equity
- 12.8%
- Return on assets
- 3.1%
- Return on capital (ROCE)
- 13.0%
- Liabilities / assets
- 71.9%
- Debt / equity
- 2.96×
- Book value / share
- $10.29
- Revenue growth (YoY)
- 15.4%
- Net income growth (YoY)
- 99.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Accruals / assets
- 8.0%moderate
- Beneish M-Score
- -1.93normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Operating margin is positive
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 13, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 30, 2004
- NT 10-Kmissed a reporting deadline ↗Apr 30, 2003
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventMay 15, 2020
- Other material eventMay 13, 2020
- Shareholder vote · Other material eventMay 8, 2020
- Other material eventApr 27, 2020
- Other material eventMar 24, 2020
- Other material eventMar 23, 2020
- Entered a material agreement · Other material eventDec 2, 2019
- Regulation FD disclosureNov 15, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-KANNUAL REPORTJun 8, 2020
- 15-12GFORM 15May 26, 2020
- 4May 18, 2020
- SC 13D/AAMENDMENT NO. 4 TO SCHEDULE 13DMay 15, 2020
- 4OWNERSHIP DOCUMENTMay 15, 2020
- 4OWNERSHIP DOCUMENTMay 15, 2020
- 4OWNERSHIP DOCUMENTMay 15, 2020
- 4OWNERSHIP DOCUMENTMay 15, 2020
- SC 13E3/AAMENDMENT NO. 4 TO SCHEDULE 13E-3May 15, 2020
- 8-KCURRENT REPORTMay 15, 2020
- 25-NSEMay 15, 2020
- NT 10-KNOTIFICATION OF LATE FILINGMay 13, 2020
- 8-KCURRENT REPORTMay 13, 2020
- 8-KCURRENT REPORTMay 8, 2020
- 8-KCURRENT REPORTApr 27, 2020
Event-driven situations (1)
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