China Grand Resorts Inc (JKSM) financial statements (2021 and earlier)

Company profile

Business Address 30191 AVENIDA DE LAS BANDERAS STE B
RANCHO SANTA MARGARITA, CA 92688
State of Incorp. NV
Fiscal Year End December 31
SIC 4833 - Television Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4905995514354547331,230
Cash and cash equivalents4905995514354547331,230
Receivables293310237139  102
Inventory, net of allowances, customer advances and progress billings189152190157190171147
Inventory189152190157190171147
Prepaid expense148125981492528635
Other undisclosed current assets  (0) 106324 
Total current assets:1,1201,1851,0778791,0011,3151,514
Noncurrent Assets
Operating lease, right-of-use asset    91844
Property, plant and equipment34413  14
Other undisclosed noncurrent assets    1314(17)
Total noncurrent assets:34413233241
TOTAL ASSETS:1,1241,1891,0818921,0231,3471,555
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:681671632683697788510
Accounts payable179      
Accrued liabilities1,6961,6421,6421,6421,6421,6421,642
Interest and dividends payable   27   
Other undisclosed accounts payable and accrued liabilities(1,194)(971)(1,010)(987)(945)(854)(1,132)
Deferred revenue1,024987939967   
Debt109367314(212)14537182
Deferred compensation liability      1,414
Derivative instruments and hedges, liabilities1,3053,6131,5493,714   
Other undisclosed current liabilities3,5612,4262,2992,9684,5699,8723,227
Total current liabilities:6,6818,0635,7338,1215,41111,0325,234
Noncurrent Liabilities
Long-term debt and lease obligation148305372    
Long-term debt, excluding current maturities148305372    
Liabilities, other than long-term debt, including:  110179220268330
Other liabilities  110179220268 
Other undisclosed liabilities, other than long-term debt      330
Total noncurrent liabilities:148305482179220268330
Total liabilities:6,8298,3686,2158,3005,63111,3005,564
Stockholders' equity
Stockholders' equity attributable to parent, including:(5,705)(7,179)(5,134)(7,407)(4,608)(9,953)(4,009)
Common stock66646463636262
Common stock, value, subscriptions   1,690   
Additional paid in capital4,7084,2414,2414,1693,3963,2273,227
Accumulated deficit(11,125)(13,463)(11,297)(13,329)(8,067)(13,242)(7,297)
Other undisclosed stockholders' equity attributable to parent6451,9791,858    
Total stockholders' equity:(5,705)(7,179)(5,134)(7,407)(4,608)(9,953)(4,009)
TOTAL LIABILITIES AND EQUITY:1,1241,1891,0818921,0231,3471,555

Income statement (P&L) ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,2607366336533371,3031,326
Gain (loss) on disposition of assets for financial service operations  (2,230)(3,742)6,485(5,047)(135)
Cost of revenue(909)(332)(240)(308)(243)(818)(1,392)
Cost of goods and services sold(909)(332)(240)(308)(243)(818) 
Gross profit:35040439434594485(66)
Operating expenses(535)(501)(439)(408)(604)(934)(1,851)
Other operating expense, net
(Other Expenses)
      (12)
Other undisclosed operating income      12
Operating loss:(184)(97)(45)(63)(510)(449)(1,917)
Nonoperating income (expense)  2,077(5,200)5,685(5,496)(190)
Other nonoperating income (expense)  2,077(5,200) 0(190)
Interest and debt expense1,286(63)(159)(2)(606)44843
Other undisclosed income from continuing operations before equity method investments, income taxes2,324   3,776  
Income (loss) from continuing operations before income taxes:3,426(160)1,873(5,265)8,345(5,496)(2,063)
Other undisclosed loss from continuing operations    (1)  
Income (loss) before gain (loss) on sale of properties:3,426(160)1,873(5,265)8,345(5,496)(2,063)
Other undisclosed net loss     (448) 
Net income (loss):3,426(160)1,873(5,265)8,345(5,944)(2,063)
Other undisclosed net income (loss) attributable to parent(1,088)(2,006)1592(3,170) (43)
Net income (loss) available to common stockholders, basic:2,337(2,166)2,032(5,263)5,175(5,944)(2,106)
Interest on convertible debt      0
Net income (loss) available to common stockholders, diluted:2,337(2,166)2,032(5,263)5,175(5,944)(2,106)

Comprehensive Income ($ in thousands)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):3,426(160)1,873(5,265)8,345(5,944)(2,063)
Comprehensive income (loss), net of tax, attributable to parent:3,426(160)1,873(5,265)8,345(5,944)(2,063)

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.

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