Ionix Technology, Inc. (IINX) financial statements (2021 and earlier)
Company profile
| Business Address |
4F, TEA TREE B BLDG, GUWU SANWEI IND PRK SHENZHEN, GUANGDONG PROVINCE,, 518000 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| SIC | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,578 | 1,901 | 510 | 495 | 825 | 305 | 111 | ||
| Cash and cash equivalents | 1,578 | 1,901 | 510 | 495 | 825 | 305 | 111 | ||
| Receivables | 5,204 | 4,438 | 3,759 | 2,865 | 3,317 | 465 | 636 | ||
| Inventory, net of allowances, customer advances and progress billings | 3,009 | 2,921 | 3,379 | 3,965 | 3,416 | 507 | 227 | ||
| Inventory | 3,009 | 2,921 | 3,379 | 3,965 | 3,416 | 507 | 227 | ||
| Advances on inventory purchases | 91 | 359 | 129 | 159 | 169 | 2 | 3 | ||
| Other undisclosed current assets | 917 | 576 | 879 | 616 | 239 | 298 | 346 | ||
| Total current assets: | 10,798 | 10,195 | 8,656 | 8,100 | 7,965 | 1,577 | 1,324 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 23 | ✕ | ✕ | ✕ | |||||
| Property, plant and equipment | 7,207 | 7,140 | 7,509 | 6,644 | 6,633 | ||||
| Intangible assets, net (including goodwill) | 1,460 | 1,432 | 1,496 | 4,538 | 4,516 | ||||
| Intangible assets, net (excluding goodwill) | 1,460 | 1,432 | 1,496 | 4,538 | 4,516 | ||||
| Other undisclosed noncurrent assets | 25 | 15 | 53 | 60 | 58 | ||||
| Total noncurrent assets: | 8,715 | 8,587 | 9,058 | 11,242 | 11,207 | ||||
| Other undisclosed assets | 2 | ||||||||
| TOTAL ASSETS: | 19,513 | 18,782 | 17,716 | 19,342 | 19,173 | 1,577 | 1,324 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,624 | 3,584 | 3,101 | 3,708 | 4,014 | 216 | 390 | ||
| Accounts payable | 3,417 | 3,298 | 2,732 | 3,419 | 3,716 | 110 | 264 | ||
| Accrued liabilities | 207 | 286 | 368 | 288 | 299 | 105 | 126 | ||
| Deferred revenue | 104 | 329 | 114 | ✕ | ✕ | ✕ | |||
| Debt | 2,768 | 2,588 | 2,618 | 2,682 | 2,623 | ||||
| Derivative instruments and hedges, liabilities | 346 | 154 | |||||||
| Due to related parties | 2,087 | 2,036 | 2,105 | 2,794 | 6,771 | 350 | 213 | ||
| Other undisclosed current liabilities | 22 | 119 | 434 | 308 | |||||
| Total current liabilities: | 8,929 | 8,690 | 7,938 | 9,206 | 13,528 | 999 | 911 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17 | ||||||||
| Operating lease, liability | 17 | ✕ | ✕ | ✕ | |||||
| Liabilities, other than long-term debt | 15 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 15 | ||||
| Other undisclosed noncurrent liabilities | 11 | ||||||||
| Total noncurrent liabilities: | 17 | 11 | 15 | ||||||
| Total liabilities: | 8,945 | 8,690 | 7,938 | 9,206 | 13,528 | 1,010 | 926 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 10,126 | 9,650 | 9,335 | 10,104 | 5,645 | 568 | 398 | ||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Common stock | 11 | 11 | 11 | 11 | 11 | 10 | 10 | ||
| Additional paid in capital | 8,934 | 8,850 | 8,829 | 9,707 | 5,236 | 237 | 237 | ||
| Accumulated other comprehensive income (loss) | (207) | (463) | (46) | 36 | (20) | 0 | 8 | ||
| Retained earnings | 1,387 | 1,251 | 540 | 348 | 327 | 320 | 143 | ||
| Other undisclosed stockholders' equity attributable to parent | 91 | ||||||||
| Stockholders' equity attributable to noncontrolling interest | 442 | 442 | 442 | 32 | |||||
| Other undisclosed stockholders' equity | (91) | ||||||||
| Total stockholders' equity: | 10,568 | 10,092 | 9,777 | 10,136 | 5,554 | 568 | 398 | ||
| Other undisclosed liabilities and equity | 91 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 19,513 | 18,782 | 17,716 | 19,342 | 19,173 | 1,577 | 1,324 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 7,333 | 7,500 | 4,931 | 2,597 | 2,252 | 2,569 | 4,235 | |
| Cost of revenue | (6,271) | (6,073) | (3,893) | (2,024) | (1,956) | (2,280) | (3,744) | |
| Cost of goods and services sold | (500) | |||||||
| Gross profit: | 1,062 | 1,427 | 1,038 | 573 | 295 | 289 | 492 | |
| Operating expenses | (781) | (604) | (732) | (551) | (233) | (63) | (81) | |
| Other undisclosed operating income | 16 | |||||||
| Operating income: | 281 | 823 | 306 | 22 | 62 | 226 | 426 | |
| Nonoperating income (expense) | (78) | 2 | (103) | 16 | ||||
| Interest and debt expense | (200) | (57) | (35) | (34) | ||||
| Income from continuing operations before equity method investments, income taxes: | 3 | 768 | 168 | 4 | 62 | 226 | 426 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 200 | 57 | 35 | 34 | 16 | 1 | (16) | |
| Income from continuing operations before income taxes: | 204 | 825 | 203 | 38 | 79 | 228 | 411 | |
| Income tax expense | (68) | (114) | (11) | (17) | (72) | (50) | (129) | |
| Net income available to common stockholders, diluted: | 136 | 711 | 192 | 21 | 7 | 177 | 282 | |
Comprehensive Income ($ in thousands)
| 12/31/2019 Q2 | 9/30/2019 Q1 | 6/30/2019 Q4 | 3/31/2019 Q3 | 12/31/2018 Q2 | 9/30/2018 Q1 | 6/30/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 136 | 711 | 192 | 21 | 7 | 177 | 282 | |
| Comprehensive income: | 136 | 711 | 192 | 21 | 7 | 177 | 282 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 256 | (417) | (82) | 56 | (20) | (8) | (9) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 391 | 294 | 110 | 78 | (13) | 169 | 272 | |
Statements sources
The financial statements are based on the company's filings with the 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.