MBAK Energy Solutions Inc. (MBAK)

MBAK Energy Solutions Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011
Period Ending	Sep 30, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012	Dec 31, 2011
Cash & Equivalents	0	0.08	0.07	-	-	0.08
Short-Term Investments	0	0	0.01	0.02	0.02	0.04
Cash & Short-Term Investments	0.01	0.08	0.08	0.02	0.02	0.12
Cash Growth	-5.54%	-1.38%	275.98%	-	-82.06%	785.46%
Accounts Receivable	0.01	0.01	-	-	0.02	2.22
Other Receivables	0.01	-	-	-	-	-
Receivables	0.01	0.01	-	-	0.02	2.22
Prepaid Expenses	-	-	-	-	-	0.29
Other Current Assets	0.12	0.11	0.43	2.05	3.16	-
Total Current Assets	0.14	0.2	0.51	2.07	3.2	2.63
Property, Plant & Equipment	-	-	-	0	0	0.14
Other Intangible Assets	-	-	-	0	0.1	1.6
Total Assets	0.14	0.2	0.51	2.07	3.3	4.37
Accounts Payable	0.88	0.72	0.62	1.32	1.11	1.66
Accrued Expenses	1.76	1.5	1.03	3.42	1.8	0.39
Short-Term Debt	0.5	0.47	0.8	1.54	0.64	0
Current Portion of Leases	-	-	-	-	-	0.04
Current Income Taxes Payable	-	-	-	-	-	0.51
Current Unearned Revenue	-	-	-	-	-	1.02
Other Current Liabilities	0.13	0.13	1.53	0.95	1.2	0.12
Total Current Liabilities	3.27	2.82	3.97	7.24	4.75	3.74
Long-Term Debt	-	-	-	0.31	-	-
Long-Term Leases	-	-	-	-	-	0.02
Total Liabilities	3.27	2.82	3.97	7.55	4.75	3.77
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	15.46	15.35	14.86	14.45	13.85	11.17
Retained Earnings	-18.73	-17.77	-18.12	-17.94	-14.63	-11.29
Comprehensive Income & Other	0.13	-0.2	-0.2	-0.31	-0.2	0.41
Total Common Equity	-3.13	-2.62	-3.46	-3.8	-0.98	0.29
Minority Interest	-	-	-	-1.68	-0.47	0.32
Shareholders' Equity	-3.13	-2.62	-3.46	-5.48	-1.45	0.61
Total Liabilities & Equity	0.14	0.2	0.51	2.07	3.3	4.37
Total Debt	0.5	0.47	0.8	1.86	0.64	0.07
Net Cash (Debt)	-0.49	-0.39	-0.71	-1.83	-0.62	0.05
Net Cash Per Share	-0.00	-0.00	-0.01	-0.02	-0.01	0.00
Filing Date Shares Outstanding	115.72	115.72	99.48	95.74	89.06	74.17
Total Common Shares Outstanding	115.72	108.22	99.48	95.74	89.06	74.17
Working Capital	-3.13	-2.62	-3.46	-5.17	-1.55	-1.11
Book Value Per Share	-0.03	-0.02	-0.03	-0.04	-0.01	0.00
Tangible Book Value	-3.13	-2.62	-3.46	-3.8	-1.08	-1.31
Tangible Book Value Per Share	-0.03	-0.02	-0.03	-0.04	-0.01	-0.02
Machinery	-	-	-	0.33	0.33	0.35

Source: S&P Global Market Intelligence. Standard template. Financial Sources.