China Green Agriculture, Inc. (CGA) Financial Statements (2024 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
Industry (SIC) 287 - Agricultural Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments71,14271,76174,11969,83357,77051,436
Cash and cash equivalents71,14271,76174,11969,83357,77051,436
Receivables16,45632,93427,68127,37128,79340,159
Inventory, net of allowances, customer advances and progress billings46,45544,05345,82145,34542,19851,566
Inventory46,45544,05345,82145,34542,19851,566
Deferred costs (52)     
Advances on inventory purchases14,3338,0467,2737,16320,71237,878
Other current assets      
Other undisclosed current assets2,89312,66712,76111,1944,298 
Total current assets:151,227169,460167,655160,907153,772181,039
Noncurrent Assets
Inventory, Noncurrent      4,000
Property, plant and equipment16,69017,04817,50117,36018,87020,489
Intangible assets, net (including goodwill)13,56414,38014,37913,96914,93515,799
Intangible assets, net (excluding goodwill)13,56414,38014,37913,96914,93515,799
Deferred income tax assets98     
Other noncurrent assets 5,8676,3306,5977,5278,460
Other undisclosed noncurrent assets5,10310101011 
Total noncurrent assets:35,45437,30538,22037,93541,34448,748
Other undisclosed assets      15,660
TOTAL ASSETS:186,681206,765205,875198,842195,115245,447
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,90611,03510,37137,46929,57037,977
Interest and dividends payable766807
Taxes payable27,13926,95526,876
Employee-related liabilities167178188
Accounts payable2,1001,9131,9291,6511,6711,858
Accrued liabilities9,8059,1228,4428,512 8,249
Debt11,63012,45512,4618,6924,0318,494
Due to related parties5,3995,2165,1925,239
Other undisclosed current liabilities36,84037,96033,2566,26421,55187,835
Total current liabilities:60,37661,45061,48857,64160,344139,545
Noncurrent Liabilities
Long-term debt and lease obligation9371,1061,1591,122  
Long-term debt, excluding current maturities9371,1061,1591,122  
Total noncurrent liabilities:9371,1061,1591,122  
Total liabilities:61,31462,55662,64758,76360,344139,545
Equity
Equity, attributable to parent, including:125,368144,210143,228140,080134,771105,902
Common stock13131313128
Additional paid in capital242,091242,091242,091241,433224,677170,223
Accumulated other comprehensive loss(26,950)(17,455)(18,248)(24,335)(13,414)(1,051)
Accumulated deficit(116,514)(80,439)(80,628)(104,022)(103,375)(89,289)
Other undisclosed equity, attributable to parent26,728  26,99126,87126,010
Other undisclosed equity      (0)
Total equity:125,368144,210143,228140,080134,771105,902
TOTAL LIABILITIES AND EQUITY:186,681206,765205,875198,842195,115245,447

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

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Revenues26,74245,26224,53927,59735,11461,139
Cost of revenue
(Cost of Goods and Services Sold)
(21,899)(37,886)(20,025)(22,413)(28,995)(51,401)
Gross profit:4,8437,3764,5145,1856,1199,738
Operating expenses(14,423)(7,193)(8,194)(5,722)(21,574)(41,711)
Operating income (loss):(9,579)183(3,680)(538)(15,455)(31,973)
Nonoperating income (expense)135683102091,378
Investment income, nonoperating586769646554
Other nonoperating income156682281971,389
Interest and debt expense(1,000)(66)(68)(82)1,000(65)
Income (loss) from continuing operations before equity method investments, income taxes:(10,445)123(3,664)(610)(14,246)(30,661)
Other undisclosed income (loss) from continuing operations before income taxes1,000666882(1,000)65
Income (loss) from continuing operations before income taxes:(9,445)190(3,597)(528)(15,246)(30,596)
Income tax expense (benefit)(788)   1,879 
Income (loss) from continuing operations:(10,232)190(3,597)(528)(13,367)(30,596)
Loss before gain (loss) on sale of properties:(528)(13,225)(38,079)
Income (loss) from discontinued operations     142(7,483)
Other undisclosed net income 8833    
Net income (loss):(9,349)192(3,597)(528)(13,225)(38,079)
Other undisclosed net income (loss) attributable to parent 3(3)    
Net income (loss) attributable to parent:(9,347)190(3,597)(528)(13,225)(38,079)
Other undisclosed net income (loss) available to common stockholders, basic     (17,984)7,483
Net income (loss) available to common stockholders, diluted:(9,347)190(3,597)(528)(31,209)(30,596)

Comprehensive Income ($ in thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Net income (loss):(9,349)192(3,597)(528)(13,225)(38,079)
Other comprehensive income (loss) 7926,08710,920  
Other undisclosed comprehensive income 4,041     
Comprehensive income (loss):(5,308)9842,49010,392(13,225)(38,079)
Other undisclosed comprehensive loss, net of tax, attributable to parent (13,534)(3) (21,840)(12,363)(189)
Comprehensive income (loss), net of tax, attributable to parent:(18,842)9822,490(11,448)(25,589)(38,268)

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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