Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
ad, addressed, administering, Advisor, al, anniversary, announced, Asia, Aspen, assumed, attainment, attend, attendance, attended, bachelor, background, Bailey, Binghua, biographical, blood, borne, broker, Bruce, canceled, cancellation, cancelled, candidate, category, certainty, chair, Chairperson, Chancery, character, charitable, charter, Chemical, children, code, compel, complaint, composition, Conference, construed, contemplated, context, COO, copy, Council, counsel, daughter, de, delegated, diploma, disagreement, dismissed, disqualifying, distinguished, diversity, document, duly, easement, English, enjoin, ESCAN, ethical, evolving, exhibit, expert, false, formal, founded, franchise, Fudan, furnished, gain, gained, gender, Goldman, Gough, gradually, graduated, guided, heightening, Hengda, highlight, hinder, HK, hoc, home, Hua, Huarong, Huhao, Hui, Huilin, Hunan, identification, IIA, incentive, incremental, index, insight, installment, intent, intention, Internet, intra, Irrespective, issuable, Jia, Jiang, Jianghua, Jinbao, Jinrui, job, jointly, Jose, kind, knowledge, lawsuit, lawyer, LeBeau, led, lesser, Levin, Li, liaison, Lin, Liu, LLP, longstanding, lost, Malone, malonebailey, mark, marketplace, marriage, Math, medical, medium, Meifeng, membership, merged, merit, misleading, MIT, motivate, Motorbike, Motorcycle, nil, nominee, notice, notified, omitted, Ongarov, optionee, outbreak, overseeing, page, pandemic, par, partially, Patenaude, Paz, pension, perfected, perspective, petition, philosophy, Pine, plaintiff, pneumatic, posed, posted, Precision, prejudice, preliminary, President, presiding, Prize, professional, Professorate, profound, prolonged, promissory, proper, properly, Pudong, putative, race, Radio, ratified, reappointed, reappointment, receipt, recipient, recommended, recommending, regained, regularly, relationship, Renmin, reward, Richard, River, rotate, running, Samuel, sanjuan, Scarantino, Science, scientific, section, Shanxi, Sherri, Shuping, Sichuan, simplification, Simplifying, situation, Society, sophisticated, sound, Southern, spouse, standing, standpoint, stemming, step, subdivision, substituted, summary, surviving, suspend, suspension, sustained, Team, technique, thePazaction, thereunder, thereunto, threshold, TV, undergraduate, undersigned, undertaken, validly, valuable, Vice, voluntarily, vote, voted, voting, Wang, wholesale, wisdom, Xiaofeng, Xiaoping, Yangzhou, York, Yuhai, Yuhong, Yun, Zheyin, Zhou, Zip, Zong
Financial report summary
?Management Discussion
- Total sales were $540.2 million and $468.0 million for the years ended December 31, 2019 and 2018, respectively, representing an increase of $72.2 million or 15.4% year over year. The increase was mainly due to the increased sales of commercial vehicle brake systems to China OEM market.
- The sales from commercial vehicle brake systems increased by $62.5 million or 16.2%, to $448.7 million for the year ended December 31, 2019, compared to $386.2 million for the year ended December 31, 2018. The sales from passenger vehicle brake systems increased by $9.6 million or 11.7%, to $91.5 million for the year ended December 31, 2019, compared to $81.9 million for the year December 31, 2018. Our high quality, low cost products continued to generate higher sales and further penetrated into the vehicle market, which impacted the sales of the vehicle brake systems.
- With the increase of the production and sales of the commercial vehicle market, our sales to the Chinese OEM market increased by $21.0 million or 8.9%, to $257.1 million in 2019, from $236.1 million in 2018.