Huale Acoustics Corp (HYAS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
EAST ROOM 902, BUILDING 3 EAST SHENZHEN, GUANGDONG PROVINCE, 518000 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 3 | 0 | |||||
| Cash and cash equivalents | 3 | 0 | |||||
| Inventory, net of allowances, customer advances and progress billings | 3 | 1 | |||||
| Inventory | 3 | 1 | |||||
| Prepaid expense | 12 | 11 | 0 | ||||
| Total current assets: | 12 | 11 | 7 | 1 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 3 | 4 | |||||
| Total noncurrent assets: | 3 | 4 | |||||
| TOTAL ASSETS: | 12 | 11 | 10 | 5 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 20 | ||||||
| Accounts payable | 20 | ||||||
| Debt | 24 | 11 | |||||
| Due to related parties | 51 | 21 | |||||
| Total current liabilities: | 71 | 21 | 24 | 11 | |||
| Noncurrent Liabilities | |||||||
| Total liabilities: | 71 | 21 | 24 | 11 | |||
| Equity | |||||||
| Equity, attributable to parent | (59) | (10) | (14) | (5) | |||
| Common stock | 4 | 4 | 4 | 3 | |||
| Additional paid in capital | 100 | 100 | 12 | 0 | |||
| Accumulated deficit | (163) | (114) | (29) | (9) | |||
| Total equity: | (59) | (10) | (14) | (5) | |||
| TOTAL LIABILITIES AND EQUITY: | 12 | 11 | 10 | 5 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Revenues | 13 | 10 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (2) | (1) | ||||
| Gross profit: | 11 | 9 | ||||
| Operating expenses | 49 | (7) | (32) | (18) | ||
| Other undisclosed operating loss | (99) | |||||
| Operating loss: | (49) | (7) | (20) | (9) | ||
| Loss from continuing operations before income taxes: | (49) | (7) | (20) | (9) | ||
| Income tax expense | (3) | |||||
| Loss from continuing operations: | (49) | (7) | (20) | (12) | ||
| Loss before gain (loss) on sale of properties: | (49) | (85) | (20) | (12) | ||
| Loss from discontinued operations | (78) | |||||
| Other undisclosed net income | 3 | |||||
| Net loss available to common stockholders, diluted: | (49) | (85) | (20) | (9) | ||
Comprehensive Income ($ in thousands)
| 3/31/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|
| Net loss: | (49) | (85) | (20) | (9) | ||
| Comprehensive loss, net of tax, attributable to parent: | (49) | (85) | (20) | (9) | ||
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.