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Operating Expenses
Selling expenses (138) (156) (129) (65) (40)
General and administrative expenses (967) (1,008) (1,819) (928) (582)
Total Operating Expenses (1,105) (1,164) (1,948) (993) (622)
Other Income(Expenses)
Investment loss 123 (20) - - -
Other Income (expenses), Net 1,048 144 (1) - (3)
Interest expenses (720) (560) (117) (123) (55)
Other Income(Expenses), Net 451 (436) (118) (123) (58)
* Sineoenrgy completed a 1-for-2 reverse stock split on July 09, 2008. The Net income per share and the Weight
Average Shares Outstanding hereof are the numbers before the split. Considering the split, The Net income per share
should be doubled and the Weight Average Shares Outstanding should be halved.
Sinoenergy Corporation and Subsidiaries
Consolidated Balance Sheet
(In Thousands of Dollars)
STOCKHOLDERS' EQUITY
Preferred Stock Equity - - - - 5
Common Stock Equity 41,852 39,084 32,720 30,241 22,252
Total Stockholders' Equity 41,852 39,084 32,720 30,241 22,257
Total Liabilities & Stock Equity 100,642 93,433 89,066 42,346 35,706
Sinoenergy Corporation and Subsidiaries
Consolidated Statements of Operations and Comprehensive Income
(In Thousands of Dollars, except per share data)
09/2007 12/2006
Operating Revenue $ 15,923 $ 12,393
Cost of Revenue (8,090) (5,909)
Gross Operating Profit 7,833 6,484
Operating Expenses
Selling expenses (234) (228)
General and administrative expenses (3,329) (2,061)
Total Operating Expenses (3,563) (2,289)
Other Income(Expenses)
Other Income, Net (4) (77)
Interest expenses (295) (1,788)
Other Income(Expenses), Net (299) (1,865)
* Sineoenrgy completed a 1-for-2 reverse stock split on July 09, 2008. The Net income per
share and the Weight Average Shares Outstanding hereof are the numbers before the split.
Considering the split, The Net income per share should be doubled and the Weight
Average Shares Outstanding should be halved.
Sinoenergy Corporation and Subsidiaries
Consolidated Balance Sheet
(In Thousands of Dollars)
09/2007 12/2006
ASSETS
CURRENT ASSETS
Cash and Equivalents 3,322 588
Receivables 43,942 6,767
Inventories 2,901 937
Other Current Assets 58 4
Total Current Assets 50,223 8,296
STOCKHOLDERS' EQUITY
Preferred Stock Equity - 6
Common Stock Equity 32,720 16,034
Total Stockholders' Equity 32,720 16,040