ASIAFIN HOLDINGS CORP. (ASFH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
SUITE 30.02, 30TH FLOOR, KUALA LUMPUR, 50250 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 8/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,234 | 875 | 1,013 | |||
| Cash and cash equivalents | 1,234 | 875 | 1,013 | |||
| Receivables | 1,005 | 7 | ||||
| Prepaid expense | 114 | |||||
| Other undisclosed current assets | 220 | 3 | ||||
| Total current assets: | 2,573 | 878 | 1,020 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 652 | |||||
| Property, plant and equipment | 520 | |||||
| Long-term investments and receivables | 8 | |||||
| Long-term investments | 8 | |||||
| Deferred income tax assets | 0 | |||||
| Total noncurrent assets: | 1,180 | |||||
| TOTAL ASSETS: | 3,753 | 878 | 1,020 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 433 | 18 | 12 | |||
| Accounts payable | 82 | 4 | ||||
| Accrued liabilities | 351 | 18 | 8 | |||
| Other undisclosed current liabilities | 457 | 3 | ||||
| Total current liabilities: | 891 | 21 | 12 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 603 | |||||
| Deferred income tax liabilities | 12 | |||||
| Operating lease, liability | 591 | |||||
| Total noncurrent liabilities: | 603 | |||||
| Total liabilities: | 1,494 | 21 | 12 | |||
| Equity | ||||||
| Equity, attributable to parent | 2,259 | 857 | 1,008 | |||
| Common stock | 8 | 7 | 7 | |||
| Additional paid in capital | 10,468 | 1,413 | 1,413 | |||
| Accumulated other comprehensive loss | (320) | |||||
| Accumulated deficit | (7,896) | (564) | (413) | |||
| Equity, attributable to noncontrolling interest | (1) | |||||
| Total equity: | 2,259 | 857 | 1,008 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,753 | 878 | 1,020 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 8/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 3,110 | 12 | 325 | ||
| Revenue from related parties | ✕ | ✕ | 12 | 325 | |
| Cost of revenue | (106) | (27) | |||
| Cost of goods and services sold | (106) | ||||
| Other undisclosed gross profit | (287) | ||||
| Gross profit: | 3,004 | 12 | 11 | ||
| Operating expenses | (3,090) | (122) | (350) | ||
| Other undisclosed operating income | 201 | ||||
| Operating income (loss): | 115 | (110) | (338) | ||
| Nonoperating income (Other Nonoperating income) | 14 | 0 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 115 | (96) | (338) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (12) | ||||
| Income (loss) from continuing operations before income taxes: | 115 | (108) | (338) | ||
| Income tax expense (benefit) | (97) | (4) | 1 | ||
| Income (loss) from continuing operations: | 19 | (112) | (338) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (338) | |
| Net income (loss): | 19 | (112) | (338) | ||
| Net income attributable to noncontrolling interest | 1 | ||||
| Other undisclosed net loss attributable to parent | (0) | ||||
| Net income (loss) available to common stockholders, diluted: | 19 | (112) | (338) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 8/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | 19 | (112) | (338) | ||
| Other comprehensive loss | |||||
| Comprehensive income (loss): | 19 | (112) | (338) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | ||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (60) | (0) | |||
| Comprehensive loss, net of tax, attributable to parent: | (41) | (112) | (338) | ||
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.