Ionix Technology, Inc. (IINX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
RM 608, BLOCK B, TIMES SQUARE DALIAN CITY, LIAONING PROVINCE, 116001 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3679 - Electronic Components, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2022 MRQ | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 732 | 1,285 | 510 | 111 | 187 | 74 | |||
| Cash and cash equivalents | 732 | 1,285 | 510 | 111 | 187 | 74 | |||
| Restricted cash and investments | 195 | ||||||||
| Receivables | 511 | 3,399 | 3,759 | 636 | 440 | 1,481 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,454 | 3,264 | 3,379 | 227 | 53 | 248 | |||
| Inventory | 5,454 | 3,264 | 3,379 | 227 | 53 | 248 | |||
| Advances on inventory purchases | 782 | 540 | 129 | 3 | 119 | ||||
| Other undisclosed current assets | 5,416 | 678 | 879 | 346 | 11 | 190 | |||
| Total current assets: | 12,895 | 9,166 | 8,656 | 1,324 | 809 | 2,189 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 6,792 | 6,574 | 7,509 | ||||||
| Long-term investments and receivables | 167 | ||||||||
| Long-term investments | 167 | ||||||||
| Intangible assets, net (including goodwill) | 1,509 | 1,424 | 1,496 | ||||||
| Intangible assets, net (excluding goodwill) | 1,509 | 1,424 | 1,496 | ||||||
| Prepaid expense | 491 | ||||||||
| Deferred income tax assets | 50 | 21 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent assets | 53 | (167) | |||||||
| Total noncurrent assets: | 8,842 | 8,019 | 9,058 | ||||||
| Other undisclosed assets | 2 | ||||||||
| TOTAL ASSETS: | 21,737 | 17,185 | 17,716 | 1,324 | 809 | 2,189 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,060 | 2,997 | 3,101 | 390 | 191 | 806 | |||
| Taxes payable | 32 | ||||||||
| Accounts payable | 4,943 | 2,638 | 2,732 | 264 | 96 | 774 | |||
| Accrued liabilities | 117 | 360 | 368 | 126 | 95 | ||||
| Deferred revenue | 334 | 43 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 905 | 2,549 | 2,618 | ||||||
| Derivative instruments and hedges, liabilities | 276 | ||||||||
| Other liabilities | 44 | ||||||||
| Due to related parties | 3,054 | 1,717 | 2,105 | 213 | 324 | 1,131 | |||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 72 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 114 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 533 | 308 | 160 | 195 | |||||
| Total current liabilities: | 9,886 | 7,583 | 7,938 | 911 | 747 | 2,176 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 15 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 15 | |||||
| Total noncurrent liabilities: | 15 | ||||||||
| Total liabilities: | 9,886 | 7,583 | 7,938 | 926 | 747 | 2,176 | |||
| Equity | |||||||||
| Equity, attributable to parent | 11,409 | 9,161 | 9,335 | 398 | 62 | 13 | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Common stock | 16 | 11 | 11 | 10 | 10 | 10 | |||
| Additional paid in capital | 10,787 | 9,244 | 8,829 | 237 | 237 | 237 | |||
| Accumulated other comprehensive income (loss) | 750 | (357) | (46) | 8 | (2) | 0 | |||
| Retained earnings (accumulated deficit) | (144) | 262 | 540 | 143 | (183) | (235) | |||
| Equity, attributable to noncontrolling interest | 442 | 442 | 442 | ||||||
| Total equity: | 11,851 | 9,603 | 9,777 | 398 | 62 | 13 | |||
| TOTAL LIABILITIES AND EQUITY: | 21,737 | 17,185 | 17,716 | 1,324 | 809 | 2,189 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2022 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,328 | 20,599 | 12,348 | 6,423 | 6,817 | 1,970 | ||
| Cost of revenue | (12,050) | (17,506) | (10,153) | (5,682) | (6,483) | (1,844) | ||
| Cost of goods and services sold | (5,682) | (6,483) | ||||||
| Gross profit: | 2,278 | 3,093 | 2,195 | 741 | 334 | 126 | ||
| Operating expenses | (1,971) | (2,743) | (1,579) | (270) | (313) | (159) | ||
| Operating income (loss): | 307 | 350 | 616 | 471 | 21 | (33) | ||
| Nonoperating income (expense) | (731) | (455) | (69) | 70 | ||||
| Other nonoperating income | 70 | |||||||
| Interest and debt expense | 203 | (46) | (69) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (221) | (151) | 478 | 471 | 91 | (33) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (203) | 46 | 69 | |||||
| Income (loss) from continuing operations before income taxes: | (424) | (105) | 547 | 471 | 91 | (33) | ||
| Income tax expense (benefit) | 17 | (173) | (150) | (145) | (30) | (5) | ||
| Income (loss) from continuing operations: | (407) | (278) | 397 | 326 | 62 | (38) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (407) | (278) | 397 | 326 | 101 | (44) | |
| Income (loss) from discontinued operations | 40 | (7) | ||||||
| Net income (loss): | (407) | (278) | 397 | 326 | 101 | (44) | ||
| Other undisclosed net loss attributable to parent | (50) | |||||||
| Net income (loss) available to common stockholders, diluted: | (407) | (278) | 397 | 326 | 51 | (44) | ||
Comprehensive Income ($ in thousands)
| 3/31/2022 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (407) | (278) | 397 | 326 | 101 | (44) | ||
| Other comprehensive income | 700 | |||||||
| Comprehensive income (loss): | 294 | (278) | 397 | 326 | 101 | (44) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 407 | (311) | (54) | 10 | (53) | 0 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 700 | (589) | 343 | 336 | 49 | (44) | ||
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.