RETRACTABLE TECHNOLOGIES INC: 10-K filed 2013-04-01

Name: RETRACTABLE TECHNOLOGIES INC: 10-K filed 2013-04-01
Creator: RETRACTABLE TECHNOLOGIES INC

What RETRACTABLE TECHNOLOGIES INC reported in its annual report filed 2013-04-01 (fiscal FY 2012): 39 published measures, 101 facts as tagged in accession 0001104659-13-026195.

This filing

Form: 10-K (annual report)
Filed: 2013-04-01
Fiscal period: fiscal FY 2012
Accession: 0001104659-13-026195 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All RETRACTABLE TECHNOLOGIES INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2012-12-31	47,632,158	USD
At 2011-12-31	48,920,214	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2012-12-31	11,903,162	USD
At 2011-12-31	10,268,762	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2012-12-31	35,728,996	USD
At 2011-12-31	38,651,452	USD
At 2010-12-31	38,900,501	USD
At 2009-12-31	35,920,473	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2012-12-31	25,963,313	USD
At 2011-12-31	25,673,263	USD
At 2010-12-31	23,266,039	USD
At 2009-12-31	18,126,084	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-4,132,892	USD	366
2011-01-01 to 2011-12-31	1,418,482	USD	365
2010-01-01 to 2010-12-31	2,400,694	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	510,117	USD	366
2011-01-01 to 2011-12-31	826,091	USD	365
2010-01-01 to 2010-12-31	169,415	USD	365

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2012-12-31	-23,767,662	USD
At 2011-12-31	-19,634,770	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	26,219,728	shares	366
2011-01-01 to 2011-12-31	24,171,238	shares	365
2010-01-01 to 2010-12-31	23,872,783	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	26,219,728	shares	366
2011-01-01 to 2011-12-31	26,354,786	shares	365
2010-01-01 to 2010-12-31	26,248,874	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-0.19	USD/shares	366
2011-01-01 to 2011-12-31	0.02	USD/shares	365
2010-01-01 to 2010-12-31	0.04	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-0.19	USD/shares	366
2011-01-01 to 2011-12-31	0.02	USD/shares	365
2010-01-01 to 2010-12-31	0.04	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	9,818	USD	366
2011-01-01 to 2011-12-31	13,797	USD	365
2010-01-01 to 2010-12-31	-176,057	USD	365

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2012-12-31	11,899,650	USD
At 2011-12-31	12,653,856	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2010-01-01 to 2010-12-31	1,340,300	USD	365

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-3,938,863	USD	366
2011-01-01 to 2011-12-31	-4,089,833	USD	365
2010-01-01 to 2010-12-31	-6,663,933	USD	365

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2012-12-31	35,441,064	USD
At 2011-12-31	35,903,382	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	231,210	USD	366
2011-01-01 to 2011-12-31	240,484	USD	365
2010-01-01 to 2010-12-31	302,843	USD	365

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2012-12-31	8,076,952	USD
At 2011-12-31	6,125,495	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2012-12-31	5,099,884	USD
At 2011-12-31	3,658,576	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2012-12-31	286,520	USD
At 2011-12-31	330,129	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2012-12-31	3,694,307	USD
At 2011-12-31	3,734,686	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	122,202	USD	366

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	15,115,281	USD	366
2011-01-01 to 2011-12-31	14,992,663	USD	365
2010-01-01 to 2010-12-31	19,185,059	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2012-12-31	4,990,253	USD
At 2011-12-31	6,237,419	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	11,176,418	USD	366
2011-01-01 to 2011-12-31	10,902,830	USD	365
2010-01-01 to 2010-12-31	12,521,126	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	871,851	USD	366
2011-01-01 to 2011-12-31	815,018	USD	365
2010-01-01 to 2010-12-31	885,445	USD	365

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2012-12-31	27,252,463	shares
At 2011-12-31	25,318,700	shares

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2012-12-31	4,141,296	USD
At 2011-12-31	4,763,739	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2012-12-31	30,883,668	USD
At 2011-12-31	30,373,549	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2012-12-31	18,984,018	USD
At 2011-12-31	17,719,693	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-5,051,000	USD	366
2011-01-01 to 2011-12-31	454,435	USD	365
2010-01-01 to 2010-12-31	1,030,074	USD	365

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	10,022,621	USD	366
2011-01-01 to 2011-12-31	10,738,110	USD	365
2010-01-01 to 2010-12-31	14,260,151	USD	365

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	1,264,326	USD	366
2011-01-01 to 2011-12-31	1,267,813	USD	365
2010-01-01 to 2010-12-31	1,482,591	USD	365

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	1,335,858	USD	366
2011-01-01 to 2011-12-31	1,311,746	USD	365
2010-01-01 to 2010-12-31	1,516,226	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	71,532	USD	366
2011-01-01 to 2011-12-31	43,934	USD	365
2010-01-01 to 2010-12-31	43,440	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	9,818	USD	366
2011-01-01 to 2011-12-31	13,797	USD	365
2010-01-01 to 2010-12-31	-176,057	USD	365

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	66,867	USD	366
2011-01-01 to 2011-12-31	-1,305,379	USD	365
2010-01-01 to 2010-12-31	-2,650,567	USD	365

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	-1,127,166	USD	366
2011-01-01 to 2011-12-31	-2,391,937	USD	365
2010-01-01 to 2010-12-31	1,774,822	USD	365

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2012-01-01 to 2012-12-31	1,441,308	USD	366
2011-01-01 to 2011-12-31	1,054,563	USD	365
2010-01-01 to 2010-12-31	-4,417,753	USD	365

Inspect the source

Entity: RETRACTABLE TECHNOLOGIES INC / CIK 0000946563
Captured: 2026-09-20T05:10:32.748Z
SEC response SHA-256: 228d61f077ff22ebe588be830897b45b080f3049cee8bdc2d0703285644543ab

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000946563.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))