CHINA NETWORK MEDIA, INC. (CNNM) financial statements (2020 and earlier)

Company profile

Business Address ROOM 205, BUILDING A
DALIAN,, 116023
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7360449482583532562
Cash and cash equivalents7360449482583532562
Receivables747674     
Prepaid expense357885789718
Other current assets161615141515157
Other undisclosed current assets      84
Total current assets:839755542581676644821
Noncurrent Assets
Property, plant and equipment2529867914
Total noncurrent assets:2529867914
TOTAL ASSETS:864784551587683652834
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities25123516915716211334
Accounts payable      0
Employee-related liabilities222424221018 
Taxes payable2292111451361529534
Due to related parties78788180828685
Deferred revenue and credits25142636302674
Customer advances and deposits    161633
Other undisclosed current liabilities262622171031
Total current liabilities:357345266266312527857
Noncurrent Liabilities
Total liabilities:357345266266312527857
Stockholders' equity
Stockholders' equity attributable to parent507440285321371125(22)
Common stock66666666666666
Additional paid in capital1,4371,4371,3501,3471,3441,3441,344
Accumulated other comprehensive loss(78)(76)(66)(68)(68)(58)(57)
Accumulated deficit(918)(988)(1,064)(1,024)(970)(1,227)(1,374)
Total stockholders' equity:507440285321371125(22)
TOTAL LIABILITIES AND EQUITY:864784551587683652834

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

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Revenues
(Revenue, Net)
22145017214448391397
Cost of revenue(57)(63)(60)(48)(44)(48)(54)
Cost of goods and services sold   (48)(44)(48)(54)
Gross profit:165387113(33)404344344
Operating expenses(65)(181)(142)(86)(86)(134)(144)
Operating income (loss):100206(30)(119)318209199
Nonoperating income (expense)3(38) 500(0)7
Income (loss) from continuing operations before income taxes:103168(30)(69)318209206
Income tax expense (benefit)(34)(71)(9)16(62)(62)(66)
Net income (loss) available to common stockholders, diluted:7097(38)(53)256147140

Comprehensive Income ($ in thousands)

9/30/2016
Q3
6/30/2016
Q2
3/31/2016
Q1
12/31/2015
Q4
9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
Net income (loss):7097(38)(53)256147140
Comprehensive income (loss):7097(38)(53)256147140
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)(10)2(0)(10)(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:6787(36)(54)246147140

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.

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