AiXin Life International, Inc. (AIXN) Financial Statements (2024 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)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5108,5577,677101138
Cash and cash equivalents5108,5577,677101138
Restricted cash and investments110     
Receivables64665161,2993632
Inventory, net of allowances, customer advances and progress billings49923346491349
Inventory49923346491349
Prepaid expense1691631564,05422
Deferred costs     339423
Other undisclosed current assets4318732331255299
Total current assets:1,9769,2067,9265,743656843
Noncurrent Assets
Operating lease, right-of-use asset9992,050100214
Property, plant and equipment1,972290681051,4641,719
Intangible assets, net (including goodwill)12    
Intangible assets, net (excluding goodwill)12    
Estimated insurance recoveries 1014    
Deferred income tax assets 1619  
Other undisclosed noncurrent assets7780    
Total noncurrent assets:3,0752,4551683181,4641,719
TOTAL ASSETS:5,05111,6608,0946,0612,1202,562
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,4311,2678377811,4311,535
Taxes payable233283971,2221,291
Employee-related liabilities1791069016297
Accounts payable39840639374058
Accrued liabilities1,032449408558689
Deferred revenue    
Debt8794 146  
Other liabilities      
Deferred revenue and credits2,691
Due to related parties2371,947265 1,166988
Contract with customer, liability2,187
Other undisclosed current liabilities3,5681,14471 527418
Total current liabilities:5,3224,4521,1729285,3115,632
Noncurrent Liabilities
Long-term debt and lease obligation:  1,1392968  
Liabilities, other than long-term debt195     
Operating lease, liability1951,1392968
Other undisclosed noncurrent liabilities  (1,139)(29)   
Total noncurrent liabilities:1951,1392968  
Total liabilities:5,5175,5911,2029955,3115,632
Equity
Equity, attributable to parent, including:(466)6,0696,8925,066(3,191)(3,070)
Common stock011333
Additional paid in capital14,45914,08711,11610,7414,3953,372
Accumulated other comprehensive income (loss)173711589151136(70)
Accumulated deficit(15,250)(8,881)(4,965)(5,842)(7,736)(6,387)
Other undisclosed equity, attributable to parent152152152121212
Total equity:(466)6,0696,8925,066(3,191)(3,070)
TOTAL LIABILITIES AND EQUITY:5,05111,6608,0946,0612,1202,562

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues2,7093,0662,4513,418414688
Cost of revenue  (225)(389)(159)(258)
Cost of goods and services sold  (225)(389)  
Gross profit:2,7093,0662,2263,029255430
Operating expenses(5,278)(3,093)(1,432)(2,269)(1,596)(5,547)
Other undisclosed operating income      
Operating income (loss):(2,569)(27)794760(1,341)(5,117)
Nonoperating income (expense)(3,799)345631,135(9)862
Other nonoperating income (expense)203026(2)(8)(1)
Income (loss) from continuing operations before income taxes:(6,368)71,3581,894(1,350)(4,255)
Income tax expense(1)(274)(340)   
Income (loss) from continuing operations:(6,369)(267)1,0181,894(1,350)(4,255)
Income (loss) before gain (loss) on sale of properties:(267)1,0181,894(1,350)(4,255)
Net income (loss) available to common stockholders, diluted:(6,369)(267)1,0181,894(1,350)(4,255)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(6,369)(267)1,0181,894(1,350)(4,255)
Comprehensive income (loss):(6,369)(267)1,0181,894(1,350)(4,255)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(538)12243716206(158)
Comprehensive income (loss), net of tax, attributable to parent:(6,907)(145)1,4551,910(1,144)(4,413)

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.

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