Oranco Inc (ORNC) Financial Statements (2024 and earlier)

Company Profile

Business Address ONE LIBERTY PLAZA
NEW YORK, NY 10006
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 208 - Beverages (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2020
MRQ
6/30/2020
6/30/2019
6/30/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 12,321,160 26,504,962703,23416,792
Cash and cash equivalents 12,321,160 26,504,962703,23416,792
Receivables 4,188,777 33,933,857   
Inventory, net of allowances, customer advances and progress billings 1,802,660 7,346,549   
Inventory 1,802,660 7,346,549   
Prepaid expense   109,6803,333 7,763
Other undisclosed current assets 5,166,177 33,249,590 3,333 
Total current assets: 23,478,774 101,144,6383,4036,56724,555
Noncurrent Assets
Property, plant and equipment 408,973 3,296,146   
Long-term investments and receivables 141,541     
Long-term investments 141,541     
Prepaid expense 1,235,897 4,909,420   
Total noncurrent assets: 1,786,411 8,205,566   
TOTAL ASSETS: 25,265,185 109,350,2043,4036,56724,555
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 254,4353,485,7523,229,3876651,4641,300
Interest and dividends payable     164 
Taxes payable 118,6501,174,043623,868   
Employee-related liabilities 41,3132,064,024272,408   
Accounts payable 94,472247,68544,6366651,3001,300
Accrued liabilities   2,288,475   
Debt  2,250,000  10,000 
Deferred tax liabilities 2,928,207   
Due to related parties 2,636,317 96,231,368   
Other liabilities 533,245887,706734,122   
Other undisclosed current liabilities 548,172 1,221,152   
Total current liabilities: 3,972,1696,623,458104,344,23666511,4641,300
Noncurrent Liabilities
Liabilities, other than long-term debt 11,575,463     
Due to related parties 11,575,463     
Total noncurrent liabilities: 11,575,463     
Total liabilities: 15,547,6326,623,458104,344,23666511,4641,300
Equity
Equity, attributable to parent, including: 9,717,553 5,005,9682,738(4,897)23,255
Common stock   638,70842,1924,2704,270
Additional paid in capital 377,538  349,898349,898349,898
Retained earnings (accumulated deficit) 9,300,876 2,240,740(389,352)(359,065)(330,913)
Other undisclosed equity, attributable to parent 39,139 2,126,520   
Other undisclosed equity  44,986,398    
Total equity: 9,717,55344,986,3985,005,9682,738(4,897)23,255
TOTAL LIABILITIES AND EQUITY: 25,265,18551,609,856109,350,2043,4036,56724,555

Income Statement (P&L) (USD)

9/30/2020
TTM
6/30/2020
6/30/2019
6/30/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 12,112,360 101,759,660 3 
Net investment income     3 
Cost of revenue (4,155,432) (27,800,667)  (15,000)
Cost of goods and services sold (4,155,432)    (15,000)
Gross profit: 7,956,928 73,958,993 3(15,000)
Operating expenses (2,516,155) (12,587,394)(29,530)(27,991)(43,998)
Other undisclosed operating income (loss) (12,112,360) (101,759,660) (3)15,000
Operating loss: (6,671,587) (40,388,061)(29,530)(27,991)(43,998)
Nonoperating income 28,099 155,7001  
Investment income, nonoperating    1  
Other nonoperating income 28,099 155,700   
Interest and debt expense (21,030) (1,759,325)(758)164 
Loss from continuing operations before equity method investments, income taxes: (6,664,518) (41,991,686)(30,287)(27,827)(43,998)
Other undisclosed income from continuing operations before income taxes 12,112,360 101,759,660   
Income (loss) from continuing operations before income taxes: 5,447,842 59,767,974(30,287)(27,827)(43,998)
Income tax expense (2,097,699) (15,095,681)   
Other undisclosed loss from continuing operations   (1,358,846)   
Income (loss) from continuing operations: 3,350,143 43,313,447(30,287)(27,827)(43,998)
Income (loss) before gain (loss) on sale of properties:3,350,143 43,313,447(30,287)(27,827)(43,998)
Net income (loss): 3,350,143 43,313,447(30,287)(27,827)(43,998)
Other undisclosed net income (loss) attributable to parent   1,358,846 (325)16
Net income (loss) available to common stockholders, diluted: 3,350,143 44,672,293(30,287)(28,152)(43,982)

Comprehensive Income (USD)

9/30/2020
TTM
6/30/2020
6/30/2019
6/30/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 3,350,143 43,313,447(30,287)(27,827)(43,998)
Other comprehensive income (loss) 23,669,094(39,980,430)(44,672,293)   
Comprehensive income (loss), net of tax, attributable to parent: 27,019,237(39,980,430)(1,358,846)(30,287)(27,827)(43,998)

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.

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