Private company

China XD Plastics Co Ltd

China XD Plastics Co Ltd is an American plastics foam products company based in Heilongjiang.2

Last updated Oct 20, 2026.

Overview

  • IndustryPlastics Foam Products2
  • HeadquartersHeilongjiang, China2
  • Incorporated inNV3
  • Business address500 5Th Avenue, Ste 960, New York, Ny 101103
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI529900Q1RHALVKU66F692
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o INCORPORATING SERVICES, LTD., 321 W WINNIE LN STE 104, 89703 Carson City, United States2
  • Registered withBusiness Center (Secretary of State), E0840002005-52

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

11.0%Gross margin4
-7.8%Operating margin4
-13.9%Net margin4
-9.4%Revenue growth, 20204
-25.3%Return on equity4
1.01×Debt to equity4
-$208.4MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Cost of revenue89¢$1.2B
  • Research and development2¢$22.5M
  • Other costs3¢$44.3M
  • Interest5¢$71.2M
  • Income tax0¢$5.8M

Out of $1.3B in revenue.4 The company lost money this year.

Financial statements

Revenue56784$1.3B in 2020+18% since 2014
0$500.0M$1.0B$1.5B2014: $1.1B$1.1B20142015: $999.2M$999.2M2015−10%2016: $1.2B$1.2B2016+20%2017: $1.3B$1.3B2017+7%2018: $1.3B$1.3B2018−1%2019: $1.4B$1.4B2019+14%2020: $1.3B$1.3B2020−9%
Gross profit56784$143.7M in 2020−35% since 2014
0$100.0M$200.0M$300.0M2014: $222.5M$222.5M20142015: $181.4M$181.4M2015−18%2016: $247.0M$247.0M2016+36%2017: $236.7M$236.7M2017−4%2018: $219.6M$219.6M2018−7%2019: $219.4M$219.4M2019−0%2020: $143.7M$143.7M2020−34%
Operating income56784-$102.0M in 2020
-$200.0M-$100.0M0$100.0M$200.0M2014: $171.7M$171.7M20142015: $135.0M$135.0M2015−21%2016: $167.7M$167.7M2016+24%2017: $158.2M$158.2M2017−6%2018: $112.0M$112.0M2018−29%2019: $69.4M$69.4M2019−38%2020: -$102.0M-$102.0M2020
Net income56784-$181.7M in 2020
-$200.0M-$100.0M0$100.0M$200.0M2014: $120.8M$120.8M20142015: $83.7M$83.7M2015−31%2016: $101.6M$101.6M2016+21%2017: $31.6M$31.6M2017−69%2018: $68.3M$68.3M2018+116%2019: $3.1M$3.1M2019−96%2020: -$181.7M-$181.7M2020
Fiscal year2014201520162017201820192020
Revenue$1.1B5$999.2M6$1.2B6$1.3B7$1.3B8$1.4B4$1.3B4
Cost of revenue$888.2M5$817.8M6$954.7M6$1.1B7$1.1B8$1.2B4$1.2B4
Gross profit$222.5M5$181.4M6$247.0M6$236.7M7$219.6M8$219.4M4$143.7M4
Research and development$29.4M5$21.1M6$48.0M6$36.8M7$60.6M8$50.3M4$22.5M4
Operating income$171.7M5$135.0M6$167.7M6$158.2M7$112.0M8$69.4M4-$102.0M4
Interest$41.5M5$42.7M6$41.4M6$45.4M7$51.0M8$67.2M4$71.2M4
Income tax$18.3M5$18.2M6$17.4M6$90.5M7$7.7M8$14.0M4$5.8M4
Net income$120.8M5$83.7M6$101.6M6$31.6M7$68.3M8$3.1M4-$181.7M4

Compare China XD Plastics Co Ltd with another company

What it owns

What China XD Plastics Co Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.1B4 Dec 31, 2020$1.1B4 Dec 31, 2019+2.0%
Accumulated depreciation$311.1M4 Dec 31, 2020$238.2M4 Dec 31, 2019+30.6%
Property and equipment, net$778.8M4 Dec 31, 2020$830.3M4 Dec 31, 2019−6.2%
Operating-lease assets (leased space)$44.9M4 Dec 31, 2020$44.1M4 Dec 31, 2019+1.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$17.2M8 Dec 31, 2019$41.3M8 Dec 31, 2018−58.4%
Loans, net of allowance$242.1M4 Dec 31, 2020

Inventory

ItemLatestA year beforeChange
Inventory, total$577.9M4 Dec 31, 2020$642.5M4 Dec 31, 2019−10.1%
Raw materials$560.9M4 Dec 31, 2020$637.3M4 Dec 31, 2019−12.0%
Finished goods$17.1M4 Dec 31, 2020$5.2M4 Dec 31, 2019+226.1%

Leadership

Who has led China XD Plastics Co Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jie Han2009–2020

Chair

  1. Jie Han2009

President

  1. Jie Han2009

Chief financial officer

  1. Jie Han2009
  2. Dahe Zhang2009–2020
2010201520202025
  • Chief executive officerJie Han Jan 16, 2009 to Sep 1, 202011
  • ChairJie Han Jan 16, 2009 to Jan 16, 200911
  • PresidentJie Han Jan 16, 2009 to Jan 16, 200911
  • Chief financial officerJie Han Jan 16, 2009 to Jan 16, 200911
  • Chief financial officerDahe Zhang May 18, 2009 to Sep 1, 202012
Board members and other officers (14)

Former names

  • NB Telecom, Inc.May 12, 2006 to Feb 27, 20093

Timeline

  1. May 4, 20228-K Executive or director change27
  2. Dec 15, 20218-K Executive or director change28
  3. Oct 28, 20218-K Listing notice or transfer29
  4. Jan 16, 2009New chief executive Jie Han becomes CEO11

Filings

6 filings to the SEC since October 2021: 1 annual reports, 3 major events, 2 other. The latest 6:

  1. Feb 14, 2023REVOKED EDGAR
  2. May 4, 20228-K EDGAR
  3. Feb 9, 202225-NSE EDGAR
  4. Dec 15, 20218-K EDGAR
  5. Nov 15, 202110-K EDGAR
  6. Oct 28, 20218-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How China XD Plastics Co Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARChina XD Plastics Co Ltd1
  • CIK0001353970
  • Employer ID (EIN)04-38362081
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inNevada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3086 Plastics Foam Products1
  • Business address500 5Th Avenue, Ste 960, New York, NY 101101
  • Phone212-747-11181
  • Shares outstanding70,548,841 as of Oct 29, 20214
  • Public float$71.8M as of Jun 30, 20204
  • On EDGAR sinceMay 12, 20061
  • Filings383 in all: 8-K (108), 4 (49), 10-Q (40), 3 (27), UPLOAD (24), 10-K (14), CORRESP (14), SC 13D/A (12)1
    All 47 form types

    DEF 14A (11), 10-K/A (5), NT 10-K (5), PRER14C (5), S-3/A (5), SB-2/A (5), 424B3 (4), SC 13G/A (4), 10-Q/A (3), 3/A (3), DEFA14A (3), EFFECT (3), SC 13E3/A (3), 8-K/A (2), D (2), DEF 14C (2), DEFR14A (2), PRE 14C (2), S-3 (2), S-8 (2), SC 13D (2), SC 13G (2), SC 14F1 (2), 10QSB (1), 25-NSE (1), 4/A (1), 424B5 (1), 8-A12B (1), 8-A12G (1), AW (1), CERTNAS (1), DEFM14A (1), NT 10-Q (1), PREM14A (1), PRER14A (1), REVOKED (1), S-1/A (1), SB-2 (1), SC 13E3 (1)

  • Latest filingsAnnual report (10-K) Nov 15, 2021
    Quarterly report (10-Q) Nov 16, 2020
    Proxy statement (DEF 14A) Jan 14, 2020
    Latest 8-K (8-K) May 4, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29