China Liaoning Dingxu Ecological Agriculture Development, Inc. (CLAD) Financial Statements (2024 and earlier)

Company Profile

Business Address 224 DATURA ST.
WEST PALM BEACH, FL 33401
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 01 - Agricultural Production Crops (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2022
Q3
6/30/2022
Q2
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4676078671783666
Cash and cash equivalents4676078671783666
Receivables     57 
Inventory, net of allowances, customer advances and progress billings  125156237307255
Inventory  125156237307255
Advances on inventory purchases    1,871 2,008
Other current assets  8690908989
Other undisclosed current assets    (1,871)  
Total current assets:469721,0311,0445363,018
Noncurrent Assets
Property, plant and equipment  11,95012,62210,94611,09011,080
Other noncurrent assets      2,438
Other undisclosed noncurrent assets  6,6537,0038,9559,0088,122
Total noncurrent assets:  18,60319,62519,90120,09821,640
TOTAL ASSETS:4619,57520,65620,94520,63424,658
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:  10210610610538
Accrued liabilities  1619191918
Other undisclosed accounts payable and accrued liabilities  8687878620
Due to related parties  4754875462,5462,331
Other liabilities68     
Other undisclosed current liabilities  1619191918
Total current liabilities:685936116702,6702,388
Noncurrent Liabilities
Long-term debt and lease obligation  1,5271,5881,5871,5821,549
Long-term debt, excluding current maturities  1,5271,5881,5871,5821,549
Total noncurrent liabilities:  1,5271,5881,5871,5821,549
Total liabilities:682,1202,2002,2584,2523,936
Equity
Equity, attributable to parent, including:(21)17,45518,45618,68816,38220,722
Common stock1514828346
Additional paid in capital21,35221,35220,14819,99715,1059,317
Accumulated other comprehensive income (loss)(0)48745779677728
Retained earnings (accumulated deficit)(11,849)(4,116)(2,608)(2,282)43310,435
Other undisclosed equity, attributable to parent(9,539)157164167164196
Equity, attributable to noncontrolling interest  157164167164196
Other undisclosed equity (157)(164)(167)(164)(196)
Total equity:(21)17,45518,45618,68816,38220,722
TOTAL LIABILITIES AND EQUITY:4619,57520,65620,94520,63424,658

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

9/30/2022
Q3
6/30/2022
Q2
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
Revenues  1033291,7783,4033,260
Cost of revenue  (160)(372)(1,248)(1,490)(1,357)
Gross profit:  (57)(42)5301,9131,903
Operating expenses  (840)(226)(764)(6,087)(228)
Operating income (loss):  (898)(268)(234)(4,174)1,675
Nonoperating income (expense)   (58)32 
Gain, foreign currency transaction, before tax    32 
Other nonoperating expense   (58)   
Interest and debt expense    (2,479)(63)(45)
Income (loss) from continuing operations before equity method investments, income taxes:  (898)(326)(2,710)(4,234)1,630
Other undisclosed loss from continuing operations before income taxes  (610) (3)(5,802)(0)
Income (loss) from continuing operations:  (1,508)(326)(2,713)(10,035)1,630
Income (loss) before gain (loss) on sale of properties:(1,508)(326)(2,713)(10,035)1,630
Net income (loss):  (1,508)(326)(2,713)(10,035)1,630
Net income (loss) attributable to noncontrolling interest  33(2)33(14)
Net income (loss) available to common stockholders, diluted:  (1,504)(324)(2,715)(10,002)1,615

Comprehensive Income ($ in thousands)

9/30/2022
Q3
6/30/2022
Q2
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
Net income (loss):  (1,508)(326)(2,713)(10,035)1,630
Comprehensive income (loss):  (1,508)(326)(2,713)(10,035)1,630
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  33(2)33(14)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (697)(34)101(50)3
Comprehensive income (loss), net of tax, attributable to parent:  (2,201)(357)(2,614)(10,053)1,618

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: