As a global tier one supplier of brake and control systems to the commercial vehicle industry, SORL Auto Parts Inc. (NASDAQ: SORL) is the market leader for commercial vehicles brake systems, such as trucks and buses in China. The Company distributes products both within China and internationally under the SORL trademark. SORL is listed among the top 100 auto component suppliers in China, with a product range that includes 65 categories with over 2000 specifications in brake systems and others. The Company has four authorized international sales centers in UAE, India, the United States and Europe. SORL is working to establish a broader global sales network. For more information, please visit http://www.sorl.cn.
Company profile
Ticker
SORL
Exchange
Website
CEO
Xiao Ping Zhang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission • PHINIA ...
Former names
Enchanted Village Inc, SORL Auto Parts Inc
SEC CIK
Corporate docs
IRS number
300091294
SORL stock data
Latest filings (excl ownership)
10-K
2019 FY
Annual report
8 Jun 20
15-12G
Securities registration termination
26 May 20
SC 13E3/A
Going private transaction (amended)
15 May 20
8-K
Announces Completion of Merger
15 May 20
25-NSE
Exchange delisting
15 May 20
NT 10-K
Notice of late annual filing
13 May 20
8-K
Other Events
13 May 20
8-K
Announces Results of Special Meeting of Stockholders and Target Closing Date
8 May 20
8-K
Other Events
27 Apr 20
SC 13E3/A
Going private transaction (amended)
6 Apr 20
Latest ownership filings
4
Huilin Wang
18 May 20
SC 13D/A
Zhang Xiao Ping
15 May 20
4
Xiao Ping Zhang
15 May 20
4
Change in insider ownership
15 May 20
4
Xiao Feng Zhang
15 May 20
4
Shuping Chi
15 May 20
3
Initial statement of insider ownership
18 Mar 20
3
Zong Yun Zhou
13 Mar 20
3
Yuhong Li
13 Mar 20
3
Xiao Ping Zhang
13 Mar 20
Financial summary
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Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 46.95 mm | 46.95 mm | 46.95 mm | 46.95 mm | 46.95 mm | 46.95 mm |
Cash burn (monthly) | (no burn) | 2.45 mm | (no burn) | (no burn) | 4.57 mm | 3.65 mm |
Cash used (since last report) | n/a | 134.03 mm | n/a | n/a | 249.87 mm | 199.58 mm |
Cash remaining | n/a | -87.08 mm | n/a | n/a | -202.92 mm | -152.63 mm |
Runway (months of cash) | n/a | -35.5 | n/a | n/a | -44.4 | -41.8 |