Gushen, Inc (GSHN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM 513, 5TH FLOOR, NO. 5 HAIYING ROAD BEIJING, 100070 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 64,335 | 110,923 | 54,935 | 51,905 | 64,560 | 188,296 | |||
| Cash and cash equivalents | 64,335 | 110,923 | 54,935 | 51,905 | 64,560 | 188,296 | |||
| Receivables | 61,426 | 72,458 | (425,227) | 157,016 | 106,744 | 75,159 | |||
| Inventory, net of allowances, customer advances and progress billings | 6,387 | 942 | (369,367) | (375,540) | (396,733) | 13 | |||
| Inventory | 6,387 | 942 | (369,367) | (375,540) | (396,733) | 13 | |||
| Prepaid expense | 35,068 | 37,321 | 6,855 | 468,474 | 510,029 | 528,398 | |||
| Other current assets | 13,325 | 22,802 | 5,757 | 8,012 | |||||
| Other undisclosed current assets | 2,120 | 2,163 | 836,652 | 397,631 | 401,289 | 7,577 | |||
| Total current assets: | 182,661 | 246,609 | 103,848 | 699,486 | 691,646 | 807,455 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 150,473 | 177,808 | 195,611 | ||||||
| Property, plant and equipment | 44,065 | 49,952 | 54,116 | 86,757 | 106,407 | 121,636 | |||
| Intangible assets, net (including goodwill) | 3,534 | 3,813 | 44,400 | 47,013 | 52,169 | 54,428 | |||
| Intangible assets, net (excluding goodwill) | 3,534 | 3,813 | 44,400 | 47,013 | 52,169 | 54,428 | |||
| Other noncurrent assets | 21,676 | 24,086 | 33,930 | 46,496 | |||||
| Total noncurrent assets: | 47,599 | 53,765 | 120,192 | 308,329 | 370,314 | 418,171 | |||
| TOTAL ASSETS: | 230,260 | 300,374 | 224,040 | 1,007,815 | 1,061,960 | 1,225,626 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 7,333,329 | 7,343,216 | 6,541,745 | 6,326,197 | 6,423,744 | 6,128,267 | |||
| Accounts payable | 2,331,072 | 2,522,156 | 2,201,152 | 2,213,296 | 2,341,691 | 2,323,177 | |||
| Accrued liabilities | 5,002,257 | 4,821,060 | 4,340,593 | 4,112,901 | 4,082,053 | 3,805,090 | |||
| Deferred revenue | 299,182 | 295,488 | 129,758 | 130,544 | 137,988 | 137,463 | |||
| Other liabilities | 1,333,106 | 325,430 | |||||||
| Other undisclosed current liabilities | 6,404,715 | 7,647,628 | 7,305,928 | 7,153,653 | 6,927,477 | 7,030,958 | |||
| Total current liabilities: | 15,370,332 | 15,286,332 | 13,977,431 | 13,610,394 | 13,814,639 | 13,296,688 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 20,300 | 40,239 | |||||||
| Operating lease, liability | 20,300 | 40,239 | |||||||
| Total noncurrent liabilities: | 20,300 | 40,239 | |||||||
| Total liabilities: | 15,370,332 | 15,286,332 | 13,977,431 | 13,610,394 | 13,834,939 | 13,336,927 | |||
| Equity | |||||||||
| Equity, attributable to parent | (15,055,580) | (14,901,471) | (13,668,905) | (12,603,208) | (12,773,606) | (12,111,933) | |||
| Preferred stock | 100 | 100 | 100 | 100 | 100 | 100 | |||
| Common stock | 42,324 | 42,324 | 42,324 | 42,324 | 41,062 | 41,062 | |||
| Additional paid in capital | 63,236 | 63,236 | 63,236 | 63,236 | 40,498 | 40,498 | |||
| Accumulated other comprehensive income | 1,383,319 | 1,083,086 | 1,513,786 | 1,420,163 | 720,447 | 767,330 | |||
| Accumulated deficit | (16,544,559) | (16,090,217) | (15,288,351) | (14,129,031) | (13,575,713) | (12,960,923) | |||
| Equity, attributable to noncontrolling interest | (86,037) | (86,032) | (86,031) | (916) | (918) | (913) | |||
| Other undisclosed equity | 1,545 | 1,545 | 1,545 | 1,545 | 1,545 | 1,545 | |||
| Total equity: | (15,140,072) | (14,985,958) | (13,753,391) | (12,602,579) | (12,772,979) | (12,111,301) | |||
| TOTAL LIABILITIES AND EQUITY: | 230,260 | 300,374 | 224,040 | 1,007,815 | 1,061,960 | 1,225,626 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 36 | 48 | 1,431 | 561 | 21,722 | 89 | ||
| Cost of revenue | (16,169) | (1,150) | (7) | (13,916) | (1) | |||
| Provision for loan, lease, and other losses | (16,169) | |||||||
| Other undisclosed gross profit | 16,169 | |||||||
| Gross profit: | 36 | 48 | 281 | 554 | 7,806 | 88 | ||
| Operating expenses | (199,936) | (559,884) | (969,511) | (296,354) | (362,822) | (613,422) | ||
| Operating loss: | (199,900) | (559,836) | (969,230) | (295,800) | (355,016) | (613,334) | ||
| Nonoperating expense | (254,447) | (242,031) | (275,205) | (257,516) | (259,779) | (267,159) | ||
| Other nonoperating expense | (254,477) | (242,031) | (275,205) | (257,516) | (259,779) | (267,159) | ||
| Net loss: | (454,347) | (801,867) | (1,244,435) | (553,316) | (614,795) | (880,493) | ||
| Net income (loss) attributable to noncontrolling interest | 5 | 1 | 85,115 | (2) | 5 | (12) | ||
| Net loss available to common stockholders, diluted: | (454,342) | (801,866) | (1,159,320) | (553,318) | (614,790) | (880,505) | ||
Comprehensive Income (USD)Annual | Quarterly
| 6/30/2024 Q3 | 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q2 | 12/31/2022 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (454,347) | (801,867) | (1,244,435) | (553,316) | (614,795) | (880,493) | ||
| Other comprehensive income | 430,700 | |||||||
| Comprehensive loss: | (454,347) | (371,167) | (1,244,435) | (553,316) | (614,795) | (880,493) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 5 | 1 | 85,115 | (2) | 5 | (12) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 300,228 | (861,401) | 8,508 | 699,718 | (46,888) | (361,995) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (154,114) | (1,232,567) | (1,150,812) | 146,400 | (661,678) | (1,242,500) | ||
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.