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For the six months ended 30 June 2015, China Energy Technology Corp Ltd revenues increased from $363K to $4.2M. Net income totaled $421K vs. loss of $243K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Selling expenses decrease of 38% to $80K (expense), Interest income increase from $0K to $15K (income).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 4.13 | 0.02 | 0 | 0 |
Gross Profit | 1.02 | -0.01 | ||
Operating Income | 0.93 | -0.25 | 0.11 | -0.09 |
Net Income | 0.7 | -0.28 | 0.11 | -0.09 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 16.48 | 12.12 | 13.14 | 0.01 |
Total Liabilities | 12.69 | 9.16 | 9.77 | 0.12 |
Total Equity | 3.79 | 2.97 | 3.36 | -0.11 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 1.04 | -1.74 | 0.02 | -0.07 |
Cash From Investing Activities | -2.91 | 0 | ||
Cash From Financing Activities | 1.85 | 1.76 | -0.02 | 0.08 |
Net Change in Cash | -0.02 | 0.03 | -0 | 0.01 |
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