BANGFU TECHNOLOGY GROUP CO., LTD. (BFGX) Financial Statements (2025 and earlier)

Company Profile

Business Address NO. 34-3, BUILDING 2, NO. 10 PLAZA ROAD
LIUZHOU, 545005
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

12/31/2023
MRQ
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments     412
Cash and cash equivalents     412
Receivables    50,000(3,639)
Other undisclosed current assets     3,639
Total current assets:    50,000412
Noncurrent Assets
Property, plant and equipment     1,510
Intangible assets, net (including goodwill)     98,870
Intangible assets, net (excluding goodwill)     98,870
Other undisclosed noncurrent assets     412
Total noncurrent assets:     100,792
Other undisclosed assets     (99,694)
TOTAL ASSETS:    50,0001,510
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,4501,3503,407 93,365
Employee-related liabilities   33,215
Accounts payable2,4501,3503,407 53,150
Accrued liabilities     7,000
Other undisclosed current liabilities     (7,000)
Total current liabilities:2,4501,3503,407 86,365
Noncurrent Liabilities
Other undisclosed noncurrent liabilities     86,365
Total noncurrent liabilities:     86,365
Total liabilities:2,4501,3503,407 172,730
Equity
Equity, attributable to parent, including:(2,450)(1,350)(3,407) 14,427
Common stock7,9507,9507,9507,950 
Additional paid in capital286,521237,821187,764142,07827,565
Accumulated deficit(296,921)(247,121)(199,121)(150,028)(21,088)
Other undisclosed equity, attributable to parent     7,950
Total equity:(2,450)(1,350)(3,407) 14,427
Other undisclosed liabilities and equity     (86,365)
TOTAL LIABILITIES AND EQUITY:     100,792

Income Statement (P&L) (USD)

12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Gross profit:     (12,004)
Operating expenses(49,800)(48,000)(49,093)(52,150)(5,325)
Operating loss:(49,800)(48,000)(49,093)(52,150)(17,329)
Nonoperating expense    (76,790) 
Loss from continuing operations:(49,800)(48,000)(49,093)(128,940)(17,329)
Loss before gain (loss) on sale of properties:(48,000)(49,093)(128,940)(17,329)
Net loss available to common stockholders, diluted:(49,800)(48,000)(49,093)(128,940)(17,329)

Comprehensive Income (USD)

12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net loss:(49,800)(48,000)(49,093)(128,940)(17,329)
Comprehensive loss, net of tax, attributable to parent:(49,800)(48,000)(49,093)(128,940)(17,329)

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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