Hi-Great Group Holding Co (HIGR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
621 S. VIRGIL AVE #470 LOS ANGELES, CA 90005 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 113 | 24 | |||||
| Cash and cash equivalent | 113 | 24 | |||||
| Inventory, net of allowances, customer advances and progress billings | 54 | 85 | 62 | 48 | |||
| Inventory | 54 | 85 | 62 | 48 | |||
| Prepaid expense | 2 | ||||||
| Advances on inventory purchases | 9 | ||||||
| Other undisclosed current assets | 1 | 31 | |||||
| Total current assets: | 57 | 125 | 175 | 72 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 57 | 115 | 126 | ||||
| Other undisclosed noncurrent assets | 28 | ||||||
| Total noncurrent assets: | 28 | 57 | 115 | 126 | |||
| TOTAL ASSETS: | 84 | 182 | 290 | 198 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 27 | 119 | 55 | 46 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 1 | |||
| Taxes payable | ✕ | ✕ | ✕ | 1 | 1 | ||
| Accounts payable | 27 | 1 | |||||
| Accrued liabilities | 118 | 54 | 45 | ||||
| Debt | 24 | ||||||
| Due to related parties | ✕ | ✕ | 59 | 37 | |||
| Other undisclosed current liabilities | 145 | 15 | 18 | 7 | |||
| Total current liabilities: | 172 | 134 | 132 | 115 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation: | 96 | 96 | |||||
| Liabilities, other than long-term debt | 21 | 42 | |||||
| Operating lease, liability | 21 | 42 | 96 | 96 | |||
| Other undisclosed noncurrent liabilities | (96) | (96) | |||||
| Total noncurrent liabilities: | 21 | 42 | 96 | 96 | |||
| Total liabilities: | 194 | 176 | 228 | 211 | |||
| Equity | |||||||
| Equity, attributable to parent | (109) | 6 | 62 | (13) | |||
| Common stock | 100 | 100 | 100 | 100 | |||
| Additional paid in capital | 630 | 630 | 630 | 620 | |||
| Accumulated deficit | (839) | (723) | (667) | (733) | |||
| Other undisclosed equity | (0) | (0) | |||||
| Total equity: | (109) | 6 | 62 | (13) | |||
| TOTAL LIABILITIES AND EQUITY: | 84 | 182 | 290 | 198 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 109 | 208 | 264 | 192 | ||
| Cost of revenue (Cost of Product and Service Sold) | (27) | (61) | (32) | (52) | ||
| Other undisclosed gross profit | (31) | (52) | (66) | (45) | ||
| Gross profit: | 51 | 95 | 167 | 96 | ||
| Operating expenses | (170) | (92) | (105) | (107) | ||
| Other undisclosed operating loss | (0) | |||||
| Operating income (loss): | (119) | 3 | 62 | (11) | ||
| Nonoperating expense | (2) | (0) | (2) | |||
| Interest and debt expense | (2) | (0) | (1) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | ||||||
| Income (loss) from continuing operations before income taxes: | (124) | 3 | 61 | (13) | ||
| Income tax expense | (1) | |||||
| Income (loss) from continuing operations: | (124) | 3 | 61 | (14) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 61 | (14) | |
| Other undisclosed net income | 0 | 2 | ||||
| Net income (loss): | (124) | 3 | 62 | (13) | ||
| Other undisclosed net income attributable to parent | 2 | |||||
| Net income (loss) available to common stockholders, diluted: | (122) | 3 | 62 | (13) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (124) | 3 | 62 | (13) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (124) | 3 | 62 | (13) | ||
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.