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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
CNY (¥)
¥ / shares
shares
Revenues            
Trading and manufacturing $ 13,770   $ 11,001   $ 13,721  
Engineering 6,334   6,349   8,757  
Total revenues 20,104   17,350   22,478  
Cost of revenues            
Trading and manufacturing (11,136)   (8,563)   (11,331)  
Engineering (5,269)   (4,374)   (6,196)  
Total cost of revenues (16,405)   (12,937)   (17,527)  
Gross profit 3,699   4,413   4,951  
Finance costs (7)   (11)   (19)  
Selling and administrative expenses (4,751)   (4,976)   (5,602)  
Operating (loss) / income (1,059)   (574)   (670)  
Interest income 35   24   18  
Other income / (losses), net 58   (14)   5  
Gain on disposal of property, plant and equipment 3   0   7  
(Loss) income before income taxes, equity in (loss) / income of affiliates and non-controlling interests (963)   (564)   (640)  
Income taxes credit / (expense) 312   (28)   (228)  
Net gain on deemed disposal of affiliate 0   128   24  
Equity in (loss) / income of affiliates (932)   831   1,002  
Net gain on disposal of affiliate 1,522   0   0  
Net profit / (loss) for the year (61)   367   158  
Add / less: net loss attributable to non-controlling interests 149   106   73  
Net profit / (loss) attributable to the Company 88   473   231  
Other comprehensive income / (loss)            
Net (loss) / profit (61)   367   158  
Foreign exchange translation adjustments (58)   122   4  
Comprehensive (loss) / income (119)   489   162  
Add / less: Comprehensive loss attributable to non-controlling interests 182   45   127  
Comprehensive income / (loss) attributable to the Company $ 63   $ 534   $ 289  
Net income / (loss) per ordinary share            
- Basic | $ / shares $ .04   $ 0.23   $ 0.11  
- Diluted | $ / shares $ .04   $ 0.23   $ 0.11  
Weighted average number of ordinary shares outstanding            
- Basic | shares 2,061,909 2,061,909 2,061,909 2,061,909 2,061,909 2,061,909
- Diluted | shares 2,061,909 2,061,909 2,061,909 2,061,909 2,061,909 2,061,909
ZHEJIANG TIANLAN            
Revenues            
Total revenues | ¥   ¥ 330,244   ¥ 422,323   ¥ 289,086
Cost of revenues            
Total cost of revenues | ¥   (274,062)   (339,488)   (202,869)
Gross profit | ¥   56,182   82,835   86,217
Selling and administrative expenses | ¥   (48,546)   (52,713)   (60,528)
Operating (loss) / income | ¥   7,636   30,122   25,689
Loss on disposal of a subsidiary | ¥   0   0   (35)
Interest income | ¥   53   75   70
Interest expenses | ¥   (2,998)   (2,037)   (1,577)
Other income, net | ¥   8,561   1,887   3,456
Other losses | ¥   (47,446)   0   0
Other income / (losses), net | ¥   (38,885)   1,887   3,456
(Loss) income before income taxes, equity in (loss) / income of affiliates and non-controlling interests | ¥   (34,194)   30,047   27,603
Income taxes credit / (expense) | ¥   7,967   (3,832)   (4,961)
Net profit / (loss) for the year | ¥   (26,227)   26,215   22,642
Add / less: net loss attributable to non-controlling interests | ¥   (419)   19   586
Net profit / (loss) attributable to the Company | ¥   ¥ (26,646)   ¥ 26,234   ¥ 23,228
Net income / (loss) per ordinary share            
- Basic | ¥ / shares   ¥ (.32)   ¥ 0.32   ¥ 0.29
Weighted average number of ordinary shares outstanding            
- Basic | shares 82,572,000 82,572,000 82,539,123 82,539,123 80,744,055 80,744,055