China Teletech Holding Inc (GZGT) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
UNIT 303F, ZHONGXI MANSION GUANGZHOU, GUANGDONG, CHINA |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 253 | 1 | 1,666 | |||||
| Cash and cash equivalents | 253 | 1 | 1,270 | |||||
| Short-term investments | 396 | |||||||
| Receivables | 3,832 | 1,075 | 222 | |||||
| Inventory, net of allowances, customer advances and progress billings | 4,391 | ✕ | 101 | |||||
| Inventory | 4,391 | 101 | ||||||
| Prepaid expense | 200 | ✕ | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 92 | ||
| Other undisclosed current assets | 2,930 | |||||||
| Total current assets: | 200 | 11,406 | 1,076 | 2,082 | ||||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 300 | |||||||
| Long-term investments and receivables | 2,930 | |||||||
| Long-term investments | 2,930 | |||||||
| Other noncurrent assets | 108 | 78 | ✕ | |||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 80 | ||
| Other undisclosed noncurrent assets | (2,930) | |||||||
| Total noncurrent assets: | 408 | 78 | 80 | |||||
| TOTAL ASSETS: | 200 | 11,814 | 1,154 | 2,162 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 30 | 58 | 59 | |||||
| Taxes payable | 5 | 249 | ||||||
| Accounts payable | 3,629 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (3,604) | 58 | (190) | |||||
| Debt | 2,867 | 1,300 | ||||||
| Due to related parties | 515 | 413 | 7,132 | 235 | 357 | |||
| Customer advances and deposits | 929 | ✕ | ✕ | |||||
| Other undisclosed current liabilities | 30 | 54 | 3,634 | 249 | ||||
| Total current liabilities: | 544 | 467 | 14,593 | 1,593 | 664 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 1,300 | |||||||
| Long-term debt, excluding current maturities | 1,300 | |||||||
| Total noncurrent liabilities: | 1,300 | |||||||
| Total liabilities: | 544 | 467 | 14,593 | 1,593 | 1,964 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | (544) | (267) | (1,577) | (439) | 59 | |||
| Common stock | 2,025 | 1,475 | 1,472 | 978 | 628 | |||
| Additional paid in capital | 5,839 | 5,879 | 8,124 | 5,836 | 4,820 | |||
| Accumulated other comprehensive income (loss) | 9 | 9 | (635) | (402) | (343) | |||
| Accumulated deficit | (8,061) | (7,630) | (10,539) | (6,852) | (5,046) | |||
| Other undisclosed equity, attributable to parent | (356) | |||||||
| Equity, attributable to noncontrolling interest | (1,201) | 138 | ||||||
| Total equity: | (544) | (267) | (2,779) | (439) | 197 | |||
| TOTAL LIABILITIES AND EQUITY: | 200 | 11,814 | 1,154 | 2,162 | ||||
Income Statement (P&L) ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 4,296 | 30,880 | 26,620 | ||||
| Cost of revenue | (4,179) | (30,417) | (25,889) | ||||
| Gross profit: | 117 | 463 | 731 | ||||
| Operating expenses | (236) | (53) | (851) | (1,677) | (1,278) | ||
| Other undisclosed operating income | 44 | ||||||
| Operating loss: | (236) | (53) | (690) | (1,215) | (547) | ||
| Nonoperating income (expense) | 3 | (218) | (1,600) | 618 | |||
| Investment income, nonoperating | 3 | 1 | (800) | 467 | |||
| Other nonoperating income (expense) | (165) | (800) | 152 | ||||
| Interest and debt expense | (54) | (0) | (0) | ||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 54 | 852 | |||||
| Income (loss) from continuing operations before income taxes: | (233) | (53) | (907) | (1,962) | 71 | ||
| Income tax expense | (0) | (18) | |||||
| Income (loss) from continuing operations: | (233) | (53) | (907) | (1,962) | 54 | ||
| Income (loss) before gain (loss) on sale of properties: | (233) | (53) | (907) | (1,962) | 54 | ||
| Other undisclosed net income | 105 | 358 | 1,487 | ||||
| Net income (loss): | (233) | 53 | (550) | (1,962) | 1,541 | ||
| Net income (loss) attributable to noncontrolling interest | 233 | 53 | 358 | (157) | (38) | ||
| Other undisclosed net income (loss) attributable to parent | (233) | (158) | (716) | 314 | |||
| Net income (loss) available to common stockholders, diluted: | (233) | (53) | (907) | (1,806) | 1,502 | ||
Comprehensive Income ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (233) | 53 | (550) | (1,962) | 1,541 | ||
| Other undisclosed comprehensive loss | (189) | ||||||
| Comprehensive income (loss): | (233) | 53 | (739) | (1,962) | 1,541 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 53 | 344 | 157 | 38 | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (158) | (215) | (414) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (233) | (53) | (395) | (2,021) | 1,165 | ||
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.