China Green Agriculture, Inc. (CGA) financial statements (2020 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 millions)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 79 | 83 | 72 | 69 | 118 | 153 | 151 | ||
| Cash and cash equivalents | 79 | 83 | 72 | 69 | 118 | 153 | 151 | ||
| Receivables | 156 | 139 | 145 | 155 | 121 | 137 | 175 | ||
| Inventory, net of allowances, customer advances and progress billings | 114 | 147 | 162 | 133 | 115 | 86 | 54 | ||
| Inventory | 114 | 147 | 162 | 133 | 115 | 86 | 54 | ||
| Deferred costs | (12) | ||||||||
| Advances on inventory purchases | 31 | 29 | 33 | 51 | 41 | 18 | 25 | ||
| Other undisclosed current assets | 3 | 3 | 3 | 5 | 3 | 4 | 15 | ||
| Total current assets: | 383 | 401 | 415 | 412 | 397 | 398 | 407 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 25 | 25 | 27 | 28 | 28 | 29 | 31 | ||
| Intangible assets, net (including goodwill) | 25 | 24 | 26 | 27 | 27 | 27 | 28 | ||
| Goodwill | 8 | 8 | 8 | 8 | 8 | 8 | 8 | ||
| Intangible assets, net (excluding goodwill) | 17 | 17 | 18 | 19 | 19 | 19 | 20 | ||
| Other noncurrent assets | 12 | 12 | 13 | 14 | 14 | 15 | 16 | ||
| Other undisclosed noncurrent assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total noncurrent assets: | 62 | 62 | 66 | 69 | 69 | 71 | 76 | ||
| TOTAL ASSETS: | 445 | 463 | 481 | 482 | 466 | 470 | 483 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 52 | 55 | 58 | 50 | 51 | 59 | 63 | ||
| Accounts payable | 15 | 17 | 19 | 9 | 13 | 22 | 27 | ||
| Accrued liabilities | 7 | 7 | 7 | 6 | 6 | 6 | 5 | ||
| Employee-related liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Taxes payable | 29 | 30 | 31 | 33 | 31 | 29 | 30 | ||
| Interest and dividends payable | 1 | 1 | 1 | 1 | 1 | 1 | 0 | ||
| Debt | 10 | 15 | 7 | 9 | 9 | 9 | 5 | ||
| Derivative instruments and hedges, liabilities | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Due to related parties | 4 | 4 | 4 | 4 | 4 | 3 | 3 | ||
| Other undisclosed current liabilities | 9 | 8 | 8 | 8 | 7 | 6 | 12 | ||
| Total current liabilities: | 74 | 81 | 77 | 70 | 71 | 77 | 83 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8 | 8 | 7 | 7 | 7 | ||||
| Long-term debt, excluding current maturities | 8 | 8 | 7 | 7 | 7 | ||||
| Total noncurrent liabilities: | 8 | 8 | 7 | 7 | 7 | ||||
| Total liabilities: | 74 | 81 | 84 | 78 | 78 | 84 | 90 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 371 | 382 | 397 | 404 | 388 | 386 | 393 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 154 | 149 | 138 | 130 | 130 | 129 | 129 | ||
| Accumulated other comprehensive loss | (27) | (37) | (20) | (9) | (20) | (20) | (4) | ||
| Retained earnings | 213 | 240 | 247 | 252 | 247 | 244 | 236 | ||
| Other undisclosed stockholders' equity attributable to parent | 31 | 31 | 31 | 31 | 31 | 32 | 31 | ||
| Other undisclosed stockholders' equity | (0) | 0 | |||||||
| Total stockholders' equity: | 371 | 382 | 397 | 404 | 388 | 386 | 393 | ||
| TOTAL LIABILITIES AND EQUITY: | 445 | 463 | 481 | 482 | 466 | 470 | 483 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 50 | 51 | 76 | 108 | 52 | 58 | 78 | |
| Cost of revenue (Cost of Goods and Services Sold) | (41) | (38) | (61) | (87) | (40) | (41) | (62) | |
| Gross profit: | 9 | 13 | 15 | 21 | 12 | 16 | 15 | |
| Operating expenses | (37) | (20) | (18) | (14) | (8) | (6) | (12) | |
| Operating income (loss): | (28) | (7) | (4) | 7 | 4 | 11 | 3 | |
| Nonoperating expense | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Other nonoperating expense | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Interest and debt expense | (0) | (0) | 0 | (0) | (0) | (0) | (0) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (28) | (7) | (4) | 7 | 4 | 11 | 3 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 0 | 0 | (0) | 0 | 0 | 0 | 0 | |
| Income (loss) from continuing operations before income taxes: | (28) | (7) | (4) | 7 | 4 | 11 | 3 | |
| Income tax expense (benefit) | 1 | (0) | (1) | (2) | (2) | (2) | (31) | |
| Net income (loss): | (27) | (7) | (5) | 5 | 3 | 9 | (28) | |
| Other undisclosed net income attributable to parent | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | (27) | (7) | (5) | 5 | 3 | 9 | (27) | |
Comprehensive Income ($ in millions)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (27) | (7) | (5) | 5 | 3 | 9 | (28) | |
| Comprehensive income (loss): | (27) | (7) | (5) | 5 | 3 | 9 | (28) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 10 | (17) | (10) | 11 | (0) | (16) | (23) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (17) | (25) | (15) | 16 | 2 | (7) | (51) | |
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.