Highpower International, Inc.: 10-K filed 2016-03-29

Name: Highpower International, Inc.: 10-K filed 2016-03-29
Creator: Highpower International, Inc.

What Highpower International, Inc. reported in its annual report filed 2016-03-29 (fiscal FY 2015): 44 published measures, 91 facts as tagged in accession 0001144204-16-090977.

This filing

Form: 10-K (annual report)
Filed: 2016-03-29
Fiscal period: fiscal FY 2015
Accession: 0001144204-16-090977 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 Highpower International, 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 2015-12-31	134,204,484	USD
At 2014-12-31	146,154,072	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-12-31	91,348,146	USD
At 2014-12-31	104,399,716	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-12-31	42,002,855	USD
At 2014-12-31	40,447,117	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 2015-12-31	5,849,967	USD
At 2014-12-31	14,611,892	USD
At 2013-12-31	7,973,459	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
2015-01-01 to 2015-12-31	3,854,082	USD	365
2014-01-01 to 2014-12-31	2,753,236	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
2015-01-01 to 2015-12-31	11,256,553	USD	365
2014-01-01 to 2014-12-31	8,881,328	USD	365

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
2015-01-01 to 2015-12-31	15,096,166	shares	365
2014-01-01 to 2014-12-31	14,739,073	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
2015-01-01 to 2015-12-31	15,286,196	shares	365
2014-01-01 to 2014-12-31	15,154,239	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
2015-01-01 to 2015-12-31	0.26	USD/shares	365
2014-01-01 to 2014-12-31	0.19	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
2015-01-01 to 2015-12-31	0.25	USD/shares	365
2014-01-01 to 2014-12-31	0.18	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
2015-01-01 to 2015-12-31	818,736	USD	365
2014-01-01 to 2014-12-31	590,318	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 2015-12-31	47,464,186	USD
At 2014-12-31	50,437,718	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
2015-01-01 to 2015-12-31	653,017	USD	365
2014-01-01 to 2014-12-31	1,288,916	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
2015-01-01 to 2015-12-31	3,164,708	USD	365
2014-01-01 to 2014-12-31	3,215,546	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 2015-12-31	80,682,981	USD
At 2014-12-31	89,163,853	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
2015-01-01 to 2015-12-31	1,002,151	USD	365
2014-01-01 to 2014-12-31	1,838,155	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 2015-12-31	91,207,597	USD
At 2014-12-31	101,372,795	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 2015-12-31	36,077,396	USD
At 2014-12-31	44,562,647	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 2015-12-31	3,963,003	USD
At 2014-12-31	4,305,317	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 2015-12-31	36,139,866	USD
At 2014-12-31	32,316,607	USD

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
2015-01-01 to 2015-12-31	24,781,368	USD	365
2014-01-01 to 2014-12-31	26,935,257	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 2015-12-31	19,218,331	USD
At 2014-12-31	22,268,069	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
2015-01-01 to 2015-12-31	27,946,076	USD	365
2014-01-01 to 2014-12-31	30,150,803	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
2015-01-01 to 2015-12-31	7,631,181	USD	365
2014-01-01 to 2014-12-31	7,709,618	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 2015-12-31	15,101,679	shares
At 2014-12-31	15,084,746	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2015-12-31	11,227,979	USD
At 2014-12-31	10,530,430	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2015-12-31	2,632,762	USD
At 2014-12-31	5,628,657	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2015-12-31	42,856,338	USD
At 2014-12-31	41,754,356	USD
At 2013-12-31	34,694,100	USD

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 2015-12-31	1,845,245	USD
At 2014-12-31	3,918,495	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 2015-12-31	63,638,493	USD
At 2014-12-31	63,309,242	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 2015-12-31	16,174,307	USD
At 2014-12-31	12,871,524	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2015-12-31	550,000	USD
At 2014-12-31	600,000	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2015-12-31	3,816,940	USD
At 2014-12-31	3,649,806	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	4,279,006	USD	365
2014-01-01 to 2014-12-31	3,191,185	USD	365

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	3,460,270	USD	365
2014-01-01 to 2014-12-31	2,600,867	USD	365

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	858,187	USD	365
2014-01-01 to 2014-12-31	2,533,034	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
2015-01-01 to 2015-12-31	12,895,649	USD	365
2014-01-01 to 2014-12-31	12,893,378	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
2015-01-01 to 2015-12-31	4,794,162	USD	365
2014-01-01 to 2014-12-31	4,054,403	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
2015-01-01 to 2015-12-31	809,629	USD	365
2014-01-01 to 2014-12-31	1,435,386	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	9,107	USD	365
2014-01-01 to 2014-12-31	-845,068	USD	365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	44,534	USD	365
2014-01-01 to 2014-12-31	4,633,164	USD	365
2014-04-01 to 2014-04-30	4,633,164	USD	30

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
2015-01-01 to 2015-12-31	5,446,752	USD	365
2014-01-01 to 2014-12-31	-1,472,589	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
2015-01-01 to 2015-12-31	-1,831,737	USD	365
2014-01-01 to 2014-12-31	2,602,659	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
2015-01-01 to 2015-12-31	-3,322,054	USD	365
2014-01-01 to 2014-12-31	5,672,372	USD	365

Inspect the source

Entity: Highpower International, Inc. / CIK 0001368308
Captured: 2026-09-22 19:45 UTC
SEC response SHA-256: 2e026103a430ae2fa73561b788d99acb3d35a26ec2fb240edab0a1e9ada8b18c

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import json
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with urlopen("https://canlicapital.com/company-data/0001368308.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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