Organic Agricultural Co Ltd (OGAA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM 6504 BUILDING 3, KEJICHUANGXINCHENG HARBIN, HEILONGJIANG PROVINCE, 150090 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 01 - Agricultural Production Crops (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 50 | 408 | 71 | 242 | 13 | |||
| Cash and cash equivalents | 50 | 408 | 71 | 242 | 13 | |||
| Receivables | 15 | 20 | 3 | 5 | ||||
| Inventory, net of allowances, customer advances and progress billings | 150 | 206 | 122 | 614 | 516 | |||
| Inventory | 150 | 206 | 122 | 614 | 516 | |||
| Prepaid expense | 1 | 99 | 12 | 49 | ||||
| Other undisclosed current assets | 23 | 32 | 8 | 13 | 140 | |||
| Total current assets: | 238 | 766 | 215 | 923 | 670 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 18 | 2,007 | ✕ | |||||
| Property, plant and equipment | 4 | 8 | ||||||
| Prepaid expense | 8 | |||||||
| Other undisclosed noncurrent assets | (8) | 273 | ||||||
| Total noncurrent assets: | 18 | 2,012 | 281 | |||||
| TOTAL ASSETS: | 238 | 766 | 234 | 2,935 | 951 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 61 | 79 | 66 | 69 | 57 | |||
| Other undisclosed accounts payable and accrued liabilities | 61 | 79 | 66 | 69 | 57 | |||
| Deferred revenue | 151 | ✕ | ||||||
| Debt | 1 | 46 | 40 | 325 | 68 | |||
| Other liabilities | 1 | |||||||
| Due to related parties | ✕ | 21 | 90 | 121 | 92 | |||
| Other undisclosed current liabilities | 316 | 164 | 88 | 164 | ||||
| Total current liabilities: | 214 | 462 | 360 | 604 | 382 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation: | 1,425 | |||||||
| Operating lease, liability | 1,425 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | (1,425) | |||||||
| Total noncurrent liabilities: | 1,425 | |||||||
| Total liabilities: | 214 | 462 | 360 | 2,029 | 382 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 23 | 373 | (127) | 882 | 565 | |||
| Common stock | 94 | 84 | 12 | 12 | 11 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (838) | |||||||
| Additional paid in capital | 5,153 | 4,267 | 2,659 | 2,613 | 1,834 | |||
| Accumulated other comprehensive income (loss) | (26) | (173) | (114) | 10 | (1) | |||
| Accumulated deficit | (4,360) | (3,804) | (2,684) | (1,753) | (1,278) | |||
| Stockholders' equity note, subscriptions receivable | (838) | |||||||
| Other undisclosed equity, attributable to parent | 838 | |||||||
| Equity, attributable to noncontrolling interest | (69) | 24 | 4 | |||||
| Total equity: | 23 | 304 | (127) | 906 | 569 | |||
| TOTAL LIABILITIES AND EQUITY: | 238 | 766 | 234 | 2,935 | 951 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 223 | 311 | 127 | 1,012 | 1,123 | ||
| Cost of revenue | (184) | (219) | (88) | (902) | (911) | ||
| Gross profit: | 39 | 92 | 39 | 109 | 212 | ||
| Operating expenses | (669) | (558) | (1,074) | ||||
| Other undisclosed operating income (loss) | (1,282) | (255) | 33 | ||||
| Operating income (loss): | (630) | (1,190) | (216) | (449) | (828) | ||
| Nonoperating income (expense) | 2 | 2 | (2) | 2 | 3 | ||
| Investment income, nonoperating | (714) | ||||||
| Interest and debt expense | (181) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (809) | (1,188) | (218) | (447) | (825) | ||
| Other undisclosed income from continuing operations before income taxes | 181 | ||||||
| Income (loss) from continuing operations before income taxes: | (627) | (1,188) | (218) | (447) | (825) | ||
| Income tax expense | |||||||
| Income (loss) from continuing operations: | (627) | (1,188) | (218) | (447) | (825) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (1,188) | (217) | (447) | (825) | |
| Income (loss) from discontinued operations | 68 | 1 | |||||
| Other undisclosed net income (loss) | (714) | ||||||
| Net income (loss): | (559) | (1,188) | (931) | (447) | (825) | ||
| Net loss attributable to noncontrolling interest | (0) | (28) | (79) | ||||
| Other undisclosed net income attributable to parent | 28 | 79 | |||||
| Net income (loss) attributable to parent: | (559) | (1,188) | (932) | (447) | (825) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 69 | (28) | (79) | ||||
| Net income (loss) available to common stockholders, diluted: | (559) | (1,120) | (932) | (475) | (904) | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (559) | (1,188) | (931) | (447) | (825) | ||
| Other comprehensive loss | |||||||
| Other undisclosed comprehensive income (loss) | 154 | (60) | (123) | (17) | (118) | ||
| Comprehensive income (loss): | (405) | (1,248) | (1,054) | (463) | (942) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (4) | 69 | (1) | (20) | (39) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 40 | 79 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (409) | (1,179) | (1,055) | (443) | (903) | ||
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.