VALV (OTC)

    SHENGKAI INNOVATIONS INC

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    Financial Statements
    TTM (Mar 2013)
    Revenues $16.89M
    Benefits Costs and Expenses $19.84M
    Cost Of Revenue $10.69M
    Cost Of Revenue, Goods $10.69M
    Costs And Expenses $19.84M
    Gross Profit $6.20M
    Operating Expenses $10.09M
    Research and Development $2.16M
    Other Operating Expenses $7.93M
    Operating Income/Loss -$3.90M
    Income/Loss Before Equity Method Investments -$2.95M
    Income/Loss From Continuing Operations After Tax -$3.35M
    Income/Loss From Continuing Operations Before Tax -$2.95M
    Income Tax Expense/Benefit $401.10K
    Interest Income/Expense After Provision For Losses $514.10K
    Interest Income/Expense Operating, Net $514.10K
    Net Income/Loss -$3.35M
    Net Income/Loss Attributable To Noncontrolling Interest $0.00
    Net Income/Loss Attributable To Parent -$3.35M
    Net Income/Loss Available To Common Stockholders, Basic -$3.35M
    Participating Securities, Distributed And Undistributed Earnings/Loss, Basic $0.00
    Preferred Stock Dividends And Other Adjustments $0.00
    Provision For Loan, Lease, And Other Losses $0.00
    Basic Earnings Per Share -$0.19
    Diluted Earnings Per Share -$0.19
    Basic Average Shares 17,341,680
    Diluted Average Shares 0
    Assets $141.08M
    Current Assets $83.04M
    Inventory $2.34M
    Other Current Assets $80.70M
    Noncurrent Assets $58.04M
    Fixed Assets $51.70M
    Other Non-current Assets $6.34M
    Liabilities $3.03M
    Current Liabilities $2.44M
    Accounts Payable $1.01M
    Other Current Liabilities $1.44M
    Noncurrent Liabilities $590.07K
    Long-term Debt $207.20K
    Other Non-current Liabilities $382.87K
    Equity $138.05M
    Equity Attributable To Noncontrolling Interest $0.00
    Equity Attributable To Parent $138.05M
    Liabilities And Equity $141.08M
    Net Cash Flow From Operating Activities -$2.54M
    Net Cash Flow From Operating Activities, Continuing -$2.54M
    Net Cash Flow From Investing Activities -$1.39M
    Net Cash Flow From Investing Activities, Continuing -$1.39M
    Net Cash Flow From Financing Activities -$636.55K
    Net Cash Flow From Financing Activities, Continuing -$636.55K
    Exchange Gains/Losses $636.55K
    Net Cash Flow -$3.93M
    Net Cash Flow, Continuing -$4.56M
    Comprehensive Income/Loss -$2.26M
    Comprehensive Income/Loss Attributable To Noncontrolling Interest $0.00
    Comprehensive Income/Loss Attributable To Parent -$2.26M
    Other Comprehensive Income/Loss -$2.26M