Company research
China XD Plastics Co Ltd
CIK 1353970Updated Sep 25, 2026
Securities
Historical securities (1)
CXDC · NASDAQ · equity · closed Feb 13, 2023Name history
NB Telecom, Inc. · through Feb 27, 2009
CXDC price & chart
Historical security
This listing closed Feb 13, 2023. Live provider charts are shown only for current listings.
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Recent filings
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Financials
FY 2020 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,923,926,000Source | 2,635,882,248Source | 2,753,519,231Source | 2,544,103,683Source |
| Property, Plant and Equipment, NetUSD | 778,805,976Source | 830,319,716Source | 775,941,280Source | 835,561,739Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 17,201,775Source | 41,301,817Source | 190,392,211Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 423,946,875Source | 222,072,053Source | 294,688,288Source | 298,868,984Source |
| Inventory, NetUSD | 577,935,234Source | 642,509,534Source | 620,033,195Source | 421,736,682Source |
| Assets, CurrentUSD | 1,344,760,833Source | 1,264,862,728Source | 1,413,931,851Source | 1,473,046,499Source |
| Prepaid Expense and Other Assets, CurrentUSD | 158,602,834Source | 171,848,122Source | 132,218,528Source | 144,326,151Source |
| Operating Lease, Right-of-Use AssetUSD | 44,894,373Source | 44,149,955Source | — | — |
| Other Assets, NoncurrentUSD | 536,920Source | 979,428Source | 3,212,986Source | 12,924,279Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,156,711,763Source | 1,799,508,137Source | 1,907,025,338Source | 1,733,749,218Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 100Source | 100Source | 100Source | 100Source |
| Common Stock, Value, IssuedUSD | 7,057Source | 6,697Source | 5,097Source | 4,975Source |
| Additional Paid in CapitalUSD | 188,396,687Source | 184,208,447Source | 86,633,582Source | 83,159,893Source |
| Retained Earnings (Accumulated Deficit)USD | 538,357,103Source | 720,159,368Source | 717,103,890Source | 648,790,469Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -9,479,166Source | -67,907,807Source | -54,732,547Source | -19,084,743Source |
| Stockholders' Equity Attributable to ParentUSD | 717,189,087Source | 836,374,111Source | 748,917,428Source | 712,778,000Source |
| Liabilities and EquityUSD | 2,923,926,000Source | 2,635,882,248Source | 2,753,519,231Source | 2,544,103,683Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 1,230,282,394Source | 1,278,954,294Source | 1,594,059,845Source | 1,412,474,305Source |
| Operating Lease, Liability, CurrentUSD | 1,323,164Source | 1,388,555Source | — | — |
| Accounts Payable, CurrentUSD | 69,602,956Source | 57,458,673Source | 84,958,469Source | 227,993,140Source |
| Operating Lease, Liability, NoncurrentUSD | 14,092,400Source | 14,429,434Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 3,101,509Source | — | — | — |
| Other Liabilities, NoncurrentUSD | 79,099,740Source | 91,028,376Source | 101,573,772Source | 107,898,318Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 50,025,150Source | — | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 423,946,875Source | — | — | — |
| Accrued Liabilities, CurrentUSD | 111,922,163Source | 86,550,388Source | 126,926,898Source | 138,605,509Source |
| Deferred Revenue, NoncurrentUSD | 105,943,812Source | — | — | 99,168,276Source |
| Deferred Tax Liabilities, NetUSD | — | 4,613,524Source | 6,716,921Source | 9,267,501Source |
| Long-term DebtUSD | 727,293,417Source | 382,379,986Source | 288,209,574Source | 385,309,497Source |
cash flow · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 61,329,756Source | 59,416,674Source | 46,282,307Source | 43,055,976Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,188,600Source | — | 3,353,811Source | 553,512Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 182,304,964Source | — | — | — |
| Increase (Decrease) in InventoriesUSD | 103,112,952Source | 32,889,557Source | 228,481,188Source | 120,026,438Source |
| Increase (Decrease) in Accounts PayableUSD | 9,077,206Source | -26,818,422Source | -148,839,736Source | -108,053,082Source |
| Deferred Income Tax Expense (Benefit)USD | -1,690,083Source | -2,017,823Source | -1,917,993Source | -2,407,706Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -3,021,957Source | -189,928,239Source | 61,393,255Source | 82,696,547Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -431,147,528Source | -130,123,203Source | -1,675,962Source | -255,331,072Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 205,399,725Source | 154,115,880Source | 429,205,807Source | 456,474,007Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 387,301,778Source | 185,869,389Source | 2,218,817Source | 183,608,028Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | -68,227,246Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -45,098,591Source | -138,558,821Source | 46,900,175Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 183,334,428Source | 228,433,019Source | 366,991,840Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 71,144,452Source | 64,647,104Source | 43,664,817Source | — |
| Income Taxes Paid, NetUSD | — | 10,446,472Source | 17,982,507Source | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 8,371,500Source | 244,505Source | 1,736,535Source | 3,750,028Source |
| DepreciationUSD | — | 59,416,674Source | 45,643,534Source | 42,533,822Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -12,602,674Source | 2,887,336Source | 5,710,754Source | -6,498,908Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | 12,602,674Source | 2,959,910Source | 5,425,545Source | -6,038,799Source |
| Gain (Loss) on Disposition of AssetsUSD | -9,528Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 536,500Source | -2,423,326Source | -17,509Source |
| General and Administrative ExpenseUSD | 32,459,606Source | 35,370,445Source | 36,985,700Source | 38,495,704Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -181,802,265Source | — | — | — |
| Income Tax Expense (Benefit)USD | 5,759,630Source | 14,036,698Source | 7,713,113Source | 90,524,379Source |
| Net Income (Loss) Attributable to ParentUSD | -181,700,885Source | 3,055,478Source | 68,313,421Source | 31,621,734Source |
| Nonoperating Income (Expense)USD | -73,899,645Source | -52,326,419Source | -35,955,010Source | -36,008,637Source |
| Operating ExpensesUSD | -245,760,991Source | 149,977,076Source | 107,631,245Source | 78,510,893Source |
| Proceeds from Noncontrolling InterestsUSD | 47,202,010Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | — | — | 120,000Source | — |
income statement · annual statements
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|
| Total RevenueUSD | — | — | — | 1,290,447,748Source |
| Cost of RevenueUSD | 1,168,182,300Source | 1,228,809,155Source | 1,055,220,493Source | 1,053,782,105Source |
| Operating Income (Loss)USD | -102,041,610Source | 69,418,595Source | 111,981,544Source | 158,154,750Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -175,941,255Source | 17,092,176Source | 76,026,534Source | 122,146,113Source |
| Income Tax Expense (Benefit)USD | 5,759,630Source | 14,036,698Source | 7,713,113Source | 90,524,379Source |
| Net Income (Loss) Attributable to ParentUSD | -181,700,885Source | 3,055,478Source | 68,313,421Source | 31,621,734Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 44,733,357Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 44,733,357Source | 55,200,896Source | 50,290,425Source | 49,598,609Source |
| Additional Financial Items | ||||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -12,602,674Source | 2,887,336Source | 5,710,754Source | -6,498,908Source |
| General and Administrative ExpenseUSD | 32,459,606Source | 35,370,445Source | 36,985,700Source | 38,495,704Source |
| Gross ProfitUSD | 143,719,381Source | 219,395,671Source | 219,612,789Source | 236,665,643Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -181,802,265Source | — | — | — |
| Interest ExpenseUSD | 71,177,250Source | 67,242,641Source | 51,031,735Source | 45,370,872Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | 101,380Source | — | — | — |
| Nonoperating Income (Expense)USD | -73,899,645Source | -52,326,419Source | -35,955,010Source | -36,008,637Source |
| Operating ExpensesUSD | -245,760,991Source | 149,977,076Source | 107,631,245Source | 78,510,893Source |
| Research and Development ExpenseUSD | 22,494,445Source | 50,329,809Source | 60,576,574Source | 36,838,261Source |
| Selling ExpenseUSD | 1,217,768Source | 1,465,697Source | 10,068,971Source | 3,176,928Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | — | — | 119,506Source | 139,318Source |