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For the six months ended 30 June 2017, WonheHigh-Tech International Inc revenues increased 47% to$31.8M. Net income increased 26% to $3.7M. Revenues reflectan increase in demand for the Company's products andservices due to favorable market conditions. Net income waspartially offset by Research and development expensesincrease from $154K to $1.3M (expense), Selling expensesincrease of 9% to $328K (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 16.23 | 15.62 | 15.34 | 12.23 |
Gross Profit | 5.62 | 5.01 | 4.85 | 3.94 |
Operating Income | 4.52 | 3.97 | 3.94 | 3.31 |
Net Income | 1.95 | 1.71 | 1.04 | 1.34 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 75.7 | 76.14 | 70.06 | 73.18 |
Total Liabilities | 26.59 | 24.98 | 24.64 | 23.6 |
Total Equity | 49.11 | 51.16 | 45.42 | 49.58 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 7.16 | 3.46 | 10.5 | 8.36 |
Cash From Investing Activities | -0.01 | -0.01 | -19.67 | -16.85 |
Cash From Financing Activities | -0.68 | 1.03 | 1.2 | |
Net Change in Cash | 6.24 | 3.22 | -9.99 | -8.17 |
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