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
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4133174975105,2998,130
Cash and cash equivalents4133174975105,2998,130
Restricted cash and investments869886110  
Receivables251480534646289143
Inventory, net of allowances, customer advances and progress billings644626683499858292
Inventory644626683499858292
Prepaid expense145157154169137143
Other undisclosed current assets528667443243108
Total current assets:2,0651,7432,0271,9766,8268,816
Noncurrent Assets
Operating lease, right-of-use asset4586838119991,1741,445
Property, plant and equipment1,6591,7011,8781,9721,911222
Intangible assets, net (including goodwill)331111
Intangible assets, net (excluding goodwill)331111
Estimated insurance recoveries 71010101111
Deferred income tax assets 131415161617
Other undisclosed noncurrent assets757377777479
Total noncurrent assets:2,2152,4842,7933,0753,1861,774
TOTAL ASSETS:4,2804,2274,8195,05110,01110,590
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,2061,4651,3161,4311,6702,139
Taxes payable56215
Employee-related liabilities265302
Accounts payable1,196471440398508473
Accrued liabilities1,0109958751,0328421,149
Deferred revenue467     
Debt828387878490
Business combination, contingent consideration, liability     3,622 
Other liabilities334204559   
Due to related parties2377272,431
Other undisclosed current liabilities1,9782,8853,4363,5683,183554
Total current liabilities:5,0674,6375,3985,3229,2875,213
Noncurrent Liabilities
Long-term debt and lease obligation:     382615
Liabilities, other than long-term debt158206180195  
Operating lease, liability158206180195382615
Other undisclosed noncurrent liabilities     (382)(615)
Total noncurrent liabilities:158206180195382615
Total liabilities:5,2254,8435,5785,5179,6695,828
Equity
Equity, attributable to parent, including:(945)(616)(758)(466)3424,762
Common stock000011
Additional paid in capital14,88314,79014,55114,45914,36514,273
Accumulated other comprehensive income215199197173559698
Accumulated deficit(16,195)(15,757)(15,659)(15,250)(14,734)(10,361)
Other undisclosed equity, attributable to parent152152152152152152
Total equity:(945)(616)(758)(466)3424,762
TOTAL LIABILITIES AND EQUITY:4,2804,2274,8195,05110,01110,590

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

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Revenues1,0671,4767551,196673421
Other undisclosed gross profit      
Gross profit:1,0671,4767551,196673421
Operating expenses(1,802)(1,581)(1,307)(1,720)(1,207)(1,160)
Other undisclosed operating income      
Operating loss:(735)(105)(552)(524)(534)(739)
Nonoperating income (expense)29812239(3,840)11
Other nonoperating income (expense)1312228(17)10
Loss from continuing operations before income taxes:(438)(93)(529)(515)(4,374)(728)
Income tax expense (benefit)(1)(5)(0)(0)0(0)
Loss from continuing operations:(438)(98)(530)(515)(4,374)(728)
Loss before gain (loss) on sale of properties:(4,374)(728)
Other undisclosed net income (loss)876     
Net income (loss):438(98)(530)(515)(4,374)(728)
Other undisclosed net income (loss) attributable to parent(876)     
Net loss available to common stockholders, diluted:(438)(98)(530)(515)(4,374)(728)

Comprehensive Income ($ in thousands)

12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
Net income (loss):438(98)(530)(515)(4,374)(728)
Comprehensive income (loss):438(98)(530)(515)(4,374)(728)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(860)225(386)(139)(45)
Comprehensive loss, net of tax, attributable to parent:(422)(96)(505)(901)(4,513)(773)

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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