TD Holdings, Inc. (GLG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
139, XINZHOU 11TH STREET, FUTIAN DISTRIC SHENZHEN, GUANGDONG, PRC 518000 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 505 - Metals And Minerals, Except Petroleum (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 893 | 4,311 | 2,700 | 2,447 | 1,484 | 2,882 | |||
| Cash and cash equivalents | 893 | 4,311 | 2,700 | 2,447 | 1,484 | 2,498 | |||
| Short-term investments | 384 | ||||||||
| Restricted cash and investments | 10 | ||||||||
| Receivables | 11,358 | 55,839 | 3,311 | 7 | 148 | ||||
| Inventory, net of allowances, customer advances and progress billings | 458 | ||||||||
| Inventory | 458 | ||||||||
| Prepaid expense | 3 | ||||||||
| Other current assets | 4,040 | 3,288 | 1,311 | 167 | 88 | ||||
| Other undisclosed current assets | 143,175 | 115,301 | 18,433 | 1,956 | (7) | ||||
| Total current assets: | 148,566 | 134,259 | 78,282 | 7,880 | 1,572 | 3,043 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 197 | 889 | 19,574 | 41 | ✕ | ✕ | |||
| Property, plant and equipment | 6 | 3 | 4 | 6 | 16 | ||||
| Long-term investments and receivables | 987 | 218 | |||||||
| Due from related parties | ✕ | 218 | |||||||
| Long-term investments | 987 | ||||||||
| Intangible assets, net (including goodwill) | 214,328 | 92,286 | 69,322 | ||||||
| Goodwill | 160,214 | 71,028 | 69,322 | ||||||
| Intangible assets, net (excluding goodwill) | 54,115 | 21,257 | |||||||
| Other undisclosed noncurrent assets | 2,476 | 1,416 | |||||||
| Total noncurrent assets: | 214,531 | 93,177 | 88,896 | 3,509 | 1,640 | 16 | |||
| Other undisclosed assets | 4,106 | ||||||||
| TOTAL ASSETS: | 363,098 | 227,436 | 167,178 | 11,388 | 3,212 | 7,165 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,636 | 13,044 | 21,839 | 85 | 202 | ||||
| Taxes payable | ✕ | ✕ | 8,442 | 5,461 | 15 | ||||
| Employee-related liabilities | ✕ | ✕ | 1,265 | 994 | 50 | 64 | |||
| Accounts payable | 1 | 3,338 | 15,384 | 21 | 101 | ||||
| Accrued liabilities | 11,635 | 37 | |||||||
| Deferred revenue | ✕ | ✕ | |||||||
| Debt | 5,674 | 5,168 | 1,653 | ||||||
| Due to related parties | ✕ | 38,767 | 21 | 7,346 | 1,017 | ||||
| Other liabilities | 5,349 | 4,298 | 3,197 | 420 | 403 | ||||
| Other undisclosed current liabilities | 553 | 4,267 | 8,220 | 3,913 | 6 | (36) | |||
| Total current liabilities: | 61,980 | 26,799 | 42,256 | 5,435 | 409 | 166 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 587 | ||||||||
| Liabilities, other than long-term debt | 3,144 | 4,178 | 4,893 | 1,311 | |||||
| Deferred income tax liabilities | 3,060 | 4,178 | 4,893 | ✕ | ✕ | ||||
| Other liabilities | 1,311 | ||||||||
| Operating lease, liability | 84 | 587 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 152 | 10,960 | |||||||
| Total noncurrent liabilities: | 3,144 | 4,765 | 4,893 | 152 | 12,271 | ||||
| Total liabilities: | 65,124 | 31,564 | 47,149 | 5,588 | 409 | 12,438 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 299,220 | 195,872 | 120,029 | 5,809 | 2,802 | (5,272) | |||
| Common stock | 107 | 138 | 79 | 12 | 25 | 19 | |||
| Additional paid in capital | 344,296 | 224,790 | 151,407 | 38,523 | 28,745 | 67,059 | |||
| Accumulated other comprehensive income (loss) | (8,985) | 11,667 | 6,885 | (334) | (511) | 4,819 | |||
| Accumulated deficit | (38,800) | (42,201) | (39,256) | (32,391) | (25,457) | (81,534) | |||
| Other undisclosed equity, attributable to parent | 2,603 | 1,478 | 913 | 4,365 | |||||
| Equity, attributable to noncontrolling interest | (1,246) | (9) | |||||||
| Total equity: | 297,974 | 195,872 | 120,029 | 5,801 | 2,802 | (5,272) | |||
| TOTAL LIABILITIES AND EQUITY: | 363,098 | 227,436 | 167,178 | 11,388 | 3,212 | 7,165 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 156,835 | 201,134 | 28,269 | 2,493 | (5,487) | |||
| Operating lease, lease income | 1,830 | ✕ | ✕ | |||||
| Cost of revenue | (155,790) | (173,996) | (7,853) | (2,134) | (3,122) | |||
| Cost of goods and services sold | (155,790) | (173,996) | (7,853) | (100) | ||||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (3,122) | |
| Other undisclosed gross profit | (8) | (24,130) | (16,787) | 417 | ||||
| Gross profit: | 1,038 | 3,009 | 3,628 | 360 | 417 | (8,609) | ||
| Operating expenses | 8,889 | 9,974 | (3,036) | (3,977) | (2,821) | (3,708) | ||
| Other operating income (expense), net | 15,358 | 8,016 | (815) | (3,311) | ||||
| Operating income (loss): | 25,285 | 20,999 | (222) | (6,928) | (2,404) | (12,317) | ||
| Nonoperating income (expense) (Gain (Loss), Foreign Currency Transaction, before Tax) | (20,652) | 4,781 | ||||||
| Interest and debt expense | (3,400) | (159) | (0) | |||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 159 | (20) | 1,617 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,633 | 25,780 | (3,622) | (6,928) | (2,424) | (10,700) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 2,874 | (24,729) | 3,400 | |||||
| Income (loss) from continuing operations before income taxes: | 7,507 | 1,051 | (222) | (6,928) | (2,424) | (10,700) | ||
| Income tax expense (benefit) | (3,254) | (1,991) | (2,178) | (15) | 104 | |||
| Income (loss) from continuing operations: | 4,254 | (940) | (2,400) | (6,943) | (2,320) | (10,700) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (940) | (5,952) | (6,943) | (2,320) | (10,700) | |
| Loss from discontinued operations | (3,551) | |||||||
| Net income (loss): | 4,254 | (940) | (5,952) | (6,943) | (2,320) | (10,700) | ||
| Net income attributable to noncontrolling interest | 272 | |||||||
| Other undisclosed net income attributable to parent | 9,968 | |||||||
| Net income (loss) attributable to parent: | 4,525 | (940) | (5,952) | (6,943) | 7,647 | (10,700) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | 4,525 | (940) | (5,952) | (6,943) | 7,647 | (10,700) | ||
| Interest on convertible debt | ||||||||
| Other undisclosed net loss available to common stockholders, diluted | (272) | |||||||
| Net income (loss) available to common stockholders, diluted: | 4,254 | (940) | (5,952) | (6,943) | 7,647 | (10,700) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,254 | (940) | (5,952) | (6,943) | (2,320) | (10,700) | ||
| Other comprehensive income (loss) | 4,254 | (940) | ||||||
| Other undisclosed comprehensive income | 7,220 | |||||||
| Comprehensive income (loss): | 8,507 | (1,881) | 1,268 | (6,943) | (2,320) | (10,700) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 272 | 9 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (24,905) | 177 | 9,551 | (55) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (16,126) | (1,881) | 1,268 | (6,757) | 7,230 | (10,755) | ||
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.