AiXin Life International, Inc. (AIXN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
HONGXING INTL BUSINESS BUILDING 2, JINJIANG DISTRICT,CHENGDU CITY, 610021 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5912 - Drug Stores and Proprietary Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 444 | 510 | 8,557 | 7,677 | 10 | 11 | |||
| Cash and cash equivalent | 444 | 510 | 8,557 | 7,677 | 10 | 11 | |||
| Restricted cash and investments | 23 | 110 | |||||||
| Receivables | 254 | 646 | 65 | 16 | 1,299 | 36 | |||
| Inventory, net of allowances, customer advances and progress billings | 441 | 499 | 233 | 46 | 49 | 13 | |||
| Inventory | 441 | 499 | 233 | 46 | 49 | 13 | |||
| Prepaid expense | 153 | 169 | 163 | 156 | 4,054 | 2 | |||
| Deferred costs | 339 | ||||||||
| Deposits current assets | |||||||||
| Other current assets | |||||||||
| Other undisclosed current assets | 183 | 43 | 187 | 32 | 331 | 255 | |||
| Total current assets: | 1,497 | 1,976 | 9,206 | 7,926 | 5,743 | 656 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,577 | 999 | 2,050 | 100 | 214 | ✕ | |||
| Property, plant and equipment | 1,680 | 1,972 | 290 | 68 | 105 | 1,464 | |||
| Intangible assets, net (including goodwill) | 4 | 1 | 2 | ||||||
| Intangible assets, net (excluding goodwill) | 4 | 1 | 2 | ||||||
| Prepaid expense | |||||||||
| Estimated insurance recoveries | 10 | 14 | |||||||
| Deferred income tax assets | 16 | 19 | ✕ | ||||||
| Other undisclosed noncurrent assets | 85 | 77 | 80 | ||||||
| Total noncurrent assets: | 3,345 | 3,075 | 2,455 | 168 | 318 | 1,464 | |||
| TOTAL ASSETS: | 4,842 | 5,051 | 11,660 | 8,094 | 6,061 | 2,120 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,171 | 1,431 | 1,267 | 837 | 781 | 1,431 | |||
| Taxes payable | ✕ | ✕ | ✕ | 233 | 283 | 97 | 1,222 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 179 | 106 | 90 | 162 | ||
| Accounts payable | 1,230 | 398 | 406 | 39 | 37 | 40 | |||
| Accrued liabilities | 941 | 1,032 | 449 | 408 | 558 | 6 | |||
| Deferred revenue | 173 | ✕ | |||||||
| Debt | 85 | 87 | 94 | 146 | |||||
| Other liabilities | 1,227 | ||||||||
| Due to related parties | ✕ | ✕ | 237 | 1,947 | 265 | 1,166 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,187 | ||
| Government assistance, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed current liabilities | 2,309 | 3,568 | 1,144 | 71 | 527 | ||||
| Total current liabilities: | 5,964 | 5,322 | 4,452 | 1,172 | 928 | 5,311 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 1,139 | 29 | 68 | ||||||
| Liabilities, other than long-term debt | 789 | 195 | |||||||
| Operating lease, liability | 789 | 195 | 1,139 | 29 | 68 | ✕ | |||
| Other undisclosed noncurrent liabilities | (1,139) | (29) | |||||||
| Total noncurrent liabilities: | 789 | 195 | 1,139 | 29 | 68 | ||||
| Total liabilities: | 6,754 | 5,517 | 5,591 | 1,202 | 995 | 5,311 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,912) | (466) | 6,069 | 6,892 | 5,066 | (3,191) | |||
| Common stock | 0 | 0 | 1 | 1 | 3 | 3 | |||
| Additional paid in capital | 14,975 | 14,459 | 14,087 | 11,116 | 10,741 | 4,395 | |||
| Accumulated other comprehensive income | 181 | 173 | 711 | 589 | 151 | 136 | |||
| Accumulated deficit | (17,220) | (15,250) | (8,881) | (4,965) | (5,842) | (7,736) | |||
| Other undisclosed equity, attributable to parent | 152 | 152 | 152 | 152 | 12 | 12 | |||
| Total equity: | (1,912) | (466) | 6,069 | 6,892 | 5,066 | (3,191) | |||
| TOTAL LIABILITIES AND EQUITY: | 4,842 | 5,051 | 11,660 | 8,094 | 6,061 | 2,120 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,090 | 2,709 | 3,066 | 2,451 | 3,418 | 414 | ||
| Cost of revenue | (8) | (225) | (389) | (159) | ||||
| Cost of product and service sold | (8) | (225) | (389) | |||||
| Gross profit: | 4,082 | 2,709 | 3,066 | 2,226 | 3,029 | 255 | ||
| Operating expenses | (6,589) | (5,278) | (3,093) | (1,432) | (2,269) | (1,596) | ||
| Other undisclosed operating income | 8 | |||||||
| Operating income (loss): | (2,499) | (2,569) | (27) | 794 | 760 | (1,341) | ||
| Nonoperating income (expense) | 428 | (3,799) | 34 | 563 | 1,135 | (9) | ||
| Other nonoperating income (expense) | 427 | 20 | 30 | 26 | (2) | (8) | ||
| Income (loss) from continuing operations before income taxes: | (2,071) | (6,368) | 7 | 1,358 | 1,894 | (1,350) | ||
| Income tax expense | (20) | (1) | (274) | (340) | ||||
| Income (loss) from continuing operations: | (2,091) | (6,369) | (267) | 1,018 | 1,894 | (1,350) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (267) | 1,018 | 1,894 | (1,350) | |
| Net income (loss) available to common stockholders, diluted: | (2,091) | (6,369) | (267) | 1,018 | 1,894 | (1,350) | ||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,091) | (6,369) | (267) | 1,018 | 1,894 | (1,350) | ||
| Comprehensive income (loss): | (2,091) | (6,369) | (267) | 1,018 | 1,894 | (1,350) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 8 | (538) | 122 | 437 | 16 | 206 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,082) | (6,907) | (145) | 1,455 | 1,910 | (1,144) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.