China Carbon Graphite Group, Inc. (CHGI) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
C/O XINGHE XINGYONG CARBON CO., LTD. XINGHE COUNTY, INNER MONGOLIA,, 00000 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 362 - Electrical Industrial Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 12 | 9 | 8 | 50 | 36 | 31 | |||
| Cash and cash equivalents | 12 | 9 | 8 | 50 | 36 | 31 | |||
| Receivables | 4 | 6 | 4 | 50 | 26 | 1,621 | |||
| Inventory, net of allowances, customer advances and progress billings | 18 | 2 | 5 | 24 | 2 | 1 | |||
| Inventory | 18 | 2 | 5 | 24 | 2 | 1 | |||
| Prepaid expense | 19 | 0 | 8 | ||||||
| Advances on inventory purchases | 8 | 169 | 158 | 17 | |||||
| Other undisclosed current assets | 31 | 30 | 17 | 43 | 42 | 15 | |||
| Total current assets: | 83 | 54 | 203 | 325 | 107 | 1,693 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 39 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 36 | 38 | 46 | 21 | 31 | 39 | |||
| Intangible assets, net (including goodwill) | 495 | ||||||||
| Goodwill | 495 | ||||||||
| Total noncurrent assets: | 75 | 38 | 46 | 21 | 31 | 534 | |||
| TOTAL ASSETS: | 158 | 93 | 249 | 347 | 137 | 2,227 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 163 | 91 | 71 | 200 | 193 | 452 | |||
| Interest and dividends payable | 55 | 55 | 55 | 55 | 55 | 55 | |||
| Employee-related liabilities | 679 | 627 | 623 | 507 | 533 | ||||
| Other undisclosed accounts payable and accrued liabilities | (572) | (590) | (607) | (362) | (394) | 397 | |||
| Deferred revenue | 114 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 1,613 | 1,540 | 1,090 | 1,086 | 1,014 | 865 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 198 | 28 | 7 | 7 | ||
| Due to related parties | 146 | 137 | 147 | 230 | |||||
| Other undisclosed current liabilities | 734 | 710 | 678 | 562 | 588 | 55 | |||
| Total current liabilities: | 2,623 | 2,340 | 2,183 | 2,013 | 1,949 | 1,609 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 2 | ||||||||
| Liabilities, other than long-term debt | 230 | ||||||||
| Due to related parties | 230 | ||||||||
| Operating lease, liability | 2 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (230) | ||||||||
| Total noncurrent liabilities: | 2 | ||||||||
| Total liabilities: | 2,625 | 2,340 | 2,183 | 2,013 | 1,949 | 1,609 | |||
| Equity | |||||||||
| Equity, attributable to parent | (2,468) | (2,248) | (1,934) | (1,666) | (1,812) | 618 | |||
| Common stock | 28 | 27 | 27 | 37 | 34 | 34 | |||
| Additional paid in capital | 48,827 | 48,754 | 48,739 | 48,728 | 48,391 | 48,391 | |||
| Accumulated other comprehensive income | 98 | 93 | 76 | 90 | 77 | 137 | |||
| Accumulated deficit | (51,421) | (51,122) | (50,776) | (50,522) | (50,314) | (47,944) | |||
| Other undisclosed equity | (0) | ||||||||
| Total equity: | (2,468) | (2,248) | (1,934) | (1,666) | (1,812) | 618 | |||
| TOTAL LIABILITIES AND EQUITY: | 158 | 93 | 249 | 347 | 137 | 2,227 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 360 | 1,478 | 993 | 810 | 323 | 282 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (172) | (1,367) | (878) | (648) | (245) | (190) | ||
| Other undisclosed gross profit | 26 | |||||||
| Gross profit: | 188 | 111 | 115 | 162 | 78 | 118 | ||
| Operating expenses | (414) | (450) | (387) | (447) | (2,529) | (935) | ||
| Operating loss: | (226) | (339) | (271) | (286) | (2,451) | (817) | ||
| Nonoperating income (expense) | (73) | (7) | 17 | 78 | 81 | 12 | ||
| Investment income, nonoperating | 19,414 | |||||||
| Other nonoperating income | 0 | 21 | 80 | 83 | 1 | |||
| Interest and debt expense | (73) | (7) | (4) | (3) | (2) | (2) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 4 | 2 | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (372) | (353) | (254) | (211) | (2,370) | (807) | ||
| Other undisclosed income from continuing operations before income taxes | 73 | 7 | 3 | 2 | ||||
| Loss from continuing operations before income taxes: | (299) | (346) | (254) | (208) | (2,370) | (805) | ||
| Other undisclosed income (loss) from continuing operations | 4,741 | (5,311) | ||||||
| Income (loss) from continuing operations: | (299) | (346) | (254) | (208) | 2,370 | (6,116) | ||
| Income (loss) before gain (loss) on sale of properties: | (299) | (346) | (254) | (208) | 2,370 | (805) | ||
| Income from discontinued operations | 5,311 | |||||||
| Net income (loss): | (299) | (346) | (254) | (208) | 2,370 | (805) | ||
| Other undisclosed net loss attributable to parent | (4,741) | (5,311) | ||||||
| Net loss available to common stockholders, diluted: | (299) | (346) | (254) | (208) | (2,370) | (6,116) | ||
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (299) | (346) | (254) | (208) | 2,370 | (805) | ||
| Comprehensive income (loss): | (299) | (346) | (254) | (208) | 2,370 | (805) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 5 | 17 | (14) | 13 | (4,801) | (4,977) | ||
| Comprehensive loss, net of tax, attributable to parent: | (294) | (329) | (268) | (195) | (2,431) | (5,782) | ||
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.