China Green Agriculture, Inc. (CGA) financial statements (2022 and earlier)
Company profile
| Business Address |
3RD FLOOR, BOROUGH A, BLOCK A. NO.181, XIAN, SHAANXI PROVINCE,, 710065 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| SIC | 287 - Agricultural Chemicals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23,607 | 22,023 | 18,594 | 5,076 | 9,826 | 12,832 | 11,935 | ||
| Cash and cash equivalents | 23,607 | 22,023 | 18,594 | 5,076 | 9,826 | 12,832 | 11,935 | ||
| Receivables | 74,786 | 99,144 | 102,783 | 125,900 | 102,592 | 109,363 | 105,693 | ||
| Inventory, net of allowances, customer advances and progress billings | 38,767 | 52,463 | 64,316 | 64,018 | 90,831 | 107,895 | 98,921 | ||
| Inventory | 38,767 | 52,463 | 64,316 | 64,018 | 90,831 | 107,895 | 98,921 | ||
| Advances on inventory purchases | 27,000 | 23,271 | 23,885 | 33,347 | 34,410 | 38,143 | 65,082 | ||
| Other undisclosed current assets | 8,137 | 4,562 | 4,105 | 4,039 | 3,568 | ||||
| Total current assets: | 164,160 | 196,901 | 217,714 | 232,903 | 241,763 | 272,272 | 285,199 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 21,196 | 21,654 | 22,221 | 22,648 | 23,330 | 23,124 | 22,928 | ||
| Intangible assets, net (including goodwill) | 16,184 | 16,303 | 16,408 | 24,027 | 24,271 | 23,525 | 22,797 | ||
| Goodwill | 7,598 | 7,618 | 7,329 | 7,045 | |||||
| Intangible assets, net (excluding goodwill) | 16,184 | 16,303 | 16,408 | 16,430 | 16,654 | 16,197 | 15,752 | ||
| Other noncurrent assets | 10,262 | 10,803 | |||||||
| Other undisclosed noncurrent assets | 10,386 | 490 | 405 | 11,169 | 11,204 | ||||
| Total noncurrent assets: | 37,380 | 37,958 | 49,015 | 57,427 | 58,810 | 57,819 | 56,929 | ||
| Other undisclosed assets | 16,466 | 16,055 | |||||||
| TOTAL ASSETS: | 218,006 | 250,913 | 266,729 | 290,330 | 300,573 | 330,090 | 342,128 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 46,682 | 55,391 | 58,348 | 64,906 | 59,468 | 60,549 | 57,899 | ||
| Accounts payable | 6,402 | 13,580 | 16,869 | 22,234 | 17,527 | 19,535 | 17,719 | ||
| Accrued liabilities | 8,205 | 8,273 | 7,957 | 8,935 | 8,565 | 8,071 | 7,640 | ||
| Employee-related liabilities | 188 | 185 | 185 | 182 | 182 | 169 | |||
| Taxes payable | 31,080 | 32,557 | 32,542 | 32,771 | 32,409 | 32,188 | 31,645 | ||
| Interest and dividends payable | 807 | 796 | 794 | 783 | 785 | 755 | 726 | ||
| Debt | 8,494 | 8,375 | 4,180 | 4,120 | 8,262 | 7,949 | 3,538 | ||
| Due to related parties | 5,239 | 5,223 | 4,977 | 4,342 | 4,345 | 4,253 | 4,212 | ||
| Other undisclosed current liabilities | 13,421 | 9,034 | 11,714 | 14,624 | 11,285 | 12,018 | 13,673 | ||
| Total current liabilities: | 73,836 | 78,023 | 79,218 | 87,992 | 83,361 | 84,770 | 79,322 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 73,836 | 78,023 | 79,218 | 87,992 | 83,361 | 84,770 | 79,322 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 144,170 | 172,890 | 187,511 | 202,338 | 217,212 | 245,321 | 262,806 | ||
| Common stock | 8 | 8 | 8 | 6 | 6 | 6 | 6 | ||
| Additional paid in capital | 170,223 | 170,223 | 170,223 | 155,455 | 155,455 | 155,455 | 155,455 | ||
| Accumulated other comprehensive loss | (862) | (4,125) | (4,582) | (8,928) | (8,869) | ||||
| Retained earnings (accumulated deficit) | (52,125) | (20,524) | (5,813) | 26,996 | 41,373 | 80,746 | 111,864 | ||
| Other undisclosed stockholders' equity attributable to parent | 26,925 | 27,308 | 27,673 | 28,808 | 29,245 | 9,113 | (4,520) | ||
| Other undisclosed stockholders' equity | 0 | ||||||||
| Total stockholders' equity: | 144,170 | 172,890 | 187,511 | 202,338 | 217,212 | 245,321 | 262,806 | ||
| TOTAL LIABILITIES AND EQUITY: | 218,006 | 250,913 | 266,729 | 290,330 | 300,573 | 330,090 | 342,128 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 42,827 | 37,381 | 52,841 | 86,068 | 48,341 | 44,158 | 63,030 | |
| Cost of revenue (Cost of Goods and Services Sold) | (35,551) | (30,128) | (44,448) | (71,622) | (39,917) | (35,847) | (52,877) | |
| Gross profit: | 7,276 | 7,253 | 8,393 | 14,447 | 8,424 | 8,312 | 10,153 | |
| Operating expenses | (35,603) | (22,189) | (39,792) | (28,988) | (46,887) | (37,656) | (61,250) | |
| Operating loss: | (28,327) | (14,936) | (31,399) | (14,541) | (38,463) | (29,344) | (51,097) | |
| Nonoperating income (expense) | 427 | (30) | 456 | (38) | (95) | (40) | (33) | |
| Investment income, nonoperating | 31 | 45 | 45 | 19 | 21 | 22 | 16 | |
| Other nonoperating income (expense) | 462 | (3) | 496 | 0 | (49) | (5) | 14 | |
| Interest and debt expense | (66) | (6,000) | (80,819) | (57) | (67) | (57) | (89) | |
| Loss from continuing operations before equity method investments, income taxes: | (27,967) | (20,965) | (111,762) | (14,637) | (38,625) | (29,441) | (51,219) | |
| Other undisclosed income from continuing operations before income taxes | 66 | 6,000 | 80,819 | 57 | 67 | 57 | 89 | |
| Loss from continuing operations before income taxes: | (27,900) | (14,965) | (30,943) | (14,579) | (38,558) | (29,384) | (51,130) | |
| Income tax expense (benefit) | (517) | (112) | (8,390) | 236 | (1,479) | (1,506) | (1,003) | |
| Loss from continuing operations: | (28,417) | (15,077) | (39,334) | (14,344) | (40,037) | (30,890) | (52,133) | |
| Loss from discontinued operations | (3,566) | |||||||
| Other undisclosed loss before gain (loss) on sale of properties | (1,176) | |||||||
| Loss before gain (loss) on sale of properties: | (31,983) | (15,077) | (40,510) | (14,344) | (40,037) | (30,890) | (52,133) | |
| Other undisclosed net income (loss) | 6,567 | (471) | (63) | |||||
| Net loss attributable to parent: | (31,983) | (15,077) | (33,943) | (14,815) | (40,037) | (30,953) | (52,133) | |
| Other undisclosed net income available to common stockholders, basic | 3,566 | 1,176 | ||||||
| Net loss available to common stockholders, diluted: | (28,417) | (15,077) | (32,767) | (14,815) | (40,037) | (30,953) | (52,133) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | 6/30/2020 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (31,983) | (15,077) | (33,943) | (14,815) | (40,037) | (30,953) | (52,133) | |
| Other comprehensive loss | (53,433) | |||||||
| Comprehensive loss: | (31,983) | (15,077) | (33,943) | (14,815) | (40,037) | (30,953) | (105,566) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 3,263 | 457 | 4,346 | (59) | 11,928 | 13,468 | 52,780 | |
| Comprehensive loss, net of tax, attributable to parent: | (28,720) | (14,621) | (29,597) | (14,874) | (28,109) | (17,485) | (52,786) | |
Statements sources
The financial statements are based on the company's filings with the 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.