China Longyi Group International Holdings LTD (MGHA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
54 PINE STREET NEW YORK, NY 10005 |
| State of Incorp. | NY |
| 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)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 44 | 12 | 34 | 153 | 85 | 22 | |||
| Cash and cash equivalents | 44 | 12 | 34 | 153 | 85 | 22 | |||
| Receivables | 34 | 43 | 53 | 184 | 162 | ||||
| Inventory, net of allowances, customer advances and progress billings | 430 | 426 | 441 | 333 | 350 | 363 | |||
| Inventory | 430 | 426 | 441 | 333 | 350 | 363 | |||
| Deposits current assets | 42 | 45 | 43 | 104 | 41 | 33 | |||
| Other undisclosed current assets | 129 | 67 | 56 | 78 | 30 | 28 | |||
| Total current assets: | 678 | 593 | 627 | 851 | 667 | 446 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 283 | 282 | 285 | 295 | 302 | 316 | |||
| Long-term investments and receivables | 84 | 82 | 82 | 85 | 86 | 88 | |||
| Long-term investments | 84 | 82 | 82 | 85 | 86 | 88 | |||
| Total noncurrent assets: | 367 | 364 | 367 | 380 | 388 | 404 | |||
| TOTAL ASSETS: | 1,045 | 958 | 994 | 1,232 | 1,056 | 850 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 325 | 322 | 317 | 454 | 302 | 196 | |||
| Accounts payable | 1 | 1 | 1 | 1 | 5 | ||||
| Accrued liabilities | 325 | 320 | 315 | 453 | 300 | 191 | |||
| Debt | 26 | 14 | 27 | 59 | |||||
| Due to related parties | 893 | 828 | 814 | 394 | 432 | 431 | |||
| Other undisclosed current liabilities | 929 | 799 | 753 | 1,171 | 1,323 | 1,372 | |||
| Total current liabilities: | 2,173 | 1,963 | 1,883 | 2,019 | 2,084 | 2,058 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 21 | ||||||||
| Long-term debt, excluding current maturities | 21 | ||||||||
| Total noncurrent liabilities: | 21 | ||||||||
| Total liabilities: | 2,194 | 1,963 | 1,883 | 2,019 | 2,084 | 2,058 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,173) | (1,044) | (936) | (850) | (1,065) | (1,219) | |||
| Common stock | 777 | 777 | 777 | 777 | 777 | 777 | |||
| Additional paid in capital | 28,878 | 28,878 | 28,878 | 28,878 | 28,878 | 28,878 | |||
| Accumulated other comprehensive income | 298 | 267 | 249 | 227 | 229 | 203 | |||
| Accumulated deficit | (31,126) | (30,965) | (30,839) | (30,731) | (30,948) | (31,076) | |||
| Equity, attributable to noncontrolling interest | 25 | 38 | 47 | 62 | 37 | 11 | |||
| Total equity: | (1,149) | (1,006) | (889) | (787) | (1,028) | (1,207) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,045 | 958 | 994 | 1,232 | 1,056 | 850 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 20 | 37 | 70 | 1,034 | 624 | 16 | ||
| Cost of revenue | (6) | (20) | 420 | (687) | (455) | (16) | ||
| Gross profit: | 14 | 17 | 490 | 347 | 169 | |||
| Operating expenses | (143) | (133) | (191) | (301) | (173) | (103) | ||
| Operating income (loss): | (129) | (115) | 300 | 46 | (4) | (103) | ||
| Nonoperating income (expense) | (43) | (19) | (428) | 196 | 155 | 17 | ||
| Gain (loss), foreign currency transaction, before tax | (43) | (20) | (10) | 0 | (13) | (3) | ||
| Other nonoperating income (expense) | 2 | 1 | (418) | 196 | 171 | 25 | ||
| Interest and debt expense | (2) | 0 | 0 | (3) | (6) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 2 | (0) | (0) | 3 | 6 | |||
| Income (loss) from continuing operations: | (172) | (134) | (128) | 242 | 150 | (87) | ||
| Income (loss) before gain (loss) on sale of properties: | (172) | (134) | (128) | 242 | 150 | (87) | ||
| Net income (loss): | (172) | (134) | (128) | 242 | 150 | (87) | ||
| Net income (loss) attributable to noncontrolling interest | 11 | 8 | 20 | (25) | (22) | 8 | ||
| Net income (loss) available to common stockholders, diluted: | (161) | (125) | (108) | 217 | 128 | (79) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (172) | (134) | (128) | 242 | 150 | (87) | ||
| Other undisclosed comprehensive income (loss) | 29 | 17 | 26 | (1) | (2) | |||
| Comprehensive income (loss): | (143) | (116) | (102) | 241 | 150 | (88) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2 | 9 | 15 | (0) | (22) | 8 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (141) | (107) | (87) | 240 | 128 | (80) | ||
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.