Mu Yan Technology Group Co., Ltd (MYTG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
ROOM 6509B, 65/F, SEG PLAZA, SHENZHEN, 518028 |
| State of Incorp. | NV |
| Fiscal Year End | July 31 |
| Industry (SIC) | 5122 - Drugs, Drug Proprietaries, and Druggists' Sundries (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 865 | 2 | 1 | 8 | 4 | |||
| Cash and cash equivalents | 865 | 2 | 1 | 8 | 4 | |||
| Receivables | 1,167 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 1,212 | |||||||
| Inventory | 1,212 | |||||||
| Deferred costs | 6 | |||||||
| Disposal group, including discontinued operation | 2 | |||||||
| Asset, held-for-sale, not part of disposal group | 2,075 | |||||||
| Other undisclosed current assets | 179 | (2) | (6) | |||||
| Total current assets: | 5,499 | 2 | 1 | 8 | 4 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 516 | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 204 | |||||||
| Other undisclosed noncurrent assets | 2 | |||||||
| Total noncurrent assets: | 720 | 2 | ||||||
| TOTAL ASSETS: | 6,219 | 5 | 1 | 8 | 4 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 748 | 4 | 7 | |||||
| Taxes payable | 440 | |||||||
| Employee-related liabilities | 4 | 4 | ||||||
| Accounts payable | 307 | |||||||
| Accrued liabilities | 3 | |||||||
| Deferred revenue | 1,539 | ✕ | ✕ | ✕ | ||||
| Debt | 229 | 5 | 5 | |||||
| Due to related parties | 65 | |||||||
| Other undisclosed current liabilities | 258 | (7) | ||||||
| Total current liabilities: | 2,839 | 2 | 12 | |||||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 258 | 5 | 6 | |||||
| Long-term debt, excluding current maturities | 5 | 6 | ||||||
| Liabilities, other than long-term debt | 4 | 6 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 2 | |||
| Due to related parties | 4 | 4 | ||||||
| Operating lease, liability | 258 | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | (258) | 7 | (23) | |||||
| Total noncurrent liabilities: | 258 | 7 | (23) | 10 | 12 | |||
| Total liabilities: | 3,097 | 10 | (11) | 10 | 12 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 3,122 | (7) | (11) | (2) | (7) | |||
| Common stock | 307 | 6 | 5 | |||||
| Additional paid in capital | (263) | 22 | 10 | 9 | 3 | |||
| Accumulated other comprehensive income | 20 | |||||||
| Retained earnings (accumulated deficit) | 3,058 | (37) | (27) | (17) | (15) | |||
| Receivable from shareholders or affiliates for issuance of capital stock | 1 | |||||||
| Other undisclosed equity, attributable to parent | 7 | 6 | ||||||
| Other undisclosed equity | (9) | 23 | (1) | |||||
| Total equity: | 3,122 | (17) | 12 | (2) | (8) | |||
| TOTAL LIABILITIES AND EQUITY: | 6,219 | (7) | 1 | 8 | 4 | |||
Income Statement (P&L) ($ in thousands)
| 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 9,051 | 6 | 4 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 6 | 4 | |
| Cost of revenue (Cost of Goods and Services Sold) | (3,113) | ||||||
| Other undisclosed gross profit | (40) | ||||||
| Gross profit: | 5,898 | 6 | 4 | ||||
| Operating expenses | (2,128) | (10) | (10) | (7) | (6) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (6) | ||||||
| Other undisclosed operating income | 6 | ||||||
| Operating income (loss): | 3,770 | (10) | (20) | (1) | (1) | ||
| Nonoperating income | 369 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,139 | (10) | (20) | (1) | (1) | ||
| Loss from equity method investments | (10) | ||||||
| Income (loss) from continuing operations before income taxes: | 4,139 | (10) | (30) | (1) | (1) | ||
| Income tax expense | (1,044) | ||||||
| Income (loss) from continuing operations: | 3,095 | (10) | (30) | (1) | (1) | ||
| Income (loss) before gain (loss) on sale of properties: | 3,095 | (20) | (40) | (1) | (1) | ||
| Loss from discontinued operations | (10) | (10) | |||||
| Other undisclosed net income | 10 | ||||||
| Net income (loss) available to common stockholders, diluted: | 3,095 | (10) | (40) | (1) | (1) | ||
Comprehensive Income ($ in thousands)
| 7/31/2021 | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,095 | (10) | (40) | (1) | (1) | ||
| Comprehensive income (loss): | 3,095 | (10) | (40) | (1) | (1) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 20 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,115 | (10) | (40) | (1) | (1) | ||
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.