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 | 26,504,962 | 70 | 3,234 | 16,792 | ||||
| Cash and cash equivalents | 12,321,160 | 26,504,962 | 70 | 3,234 | 16,792 | ||||
| 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 | 109,680 | 3,333 | 7,763 | ||||||
| Other undisclosed current assets | 5,166,177 | 33,249,590 | 3,333 | ||||||
| Total current assets: | 23,478,774 | 101,144,638 | 3,403 | 6,567 | 24,555 | ||||
| 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 | 109,350,204 | 3,403 | 6,567 | 24,555 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 254,435 | 3,485,752 | 3,229,387 | 665 | 1,464 | 1,300 | |||
| Interest and dividends payable | 164 | ||||||||
| Taxes payable | 118,650 | 1,174,043 | 623,868 | ||||||
| Employee-related liabilities | 41,313 | 2,064,024 | 272,408 | ||||||
| Accounts payable | 94,472 | 247,685 | 44,636 | 665 | 1,300 | 1,300 | |||
| Accrued liabilities | 2,288,475 | ||||||||
| Debt | 2,250,000 | 10,000 | |||||||
| Other liabilities | 533,245 | 887,706 | 734,122 | ||||||
| Deferred tax liabilities | ✕ | ✕ | 2,928,207 | ||||||
| Due to related parties | 2,636,317 | 96,231,368 | |||||||
| Other undisclosed current liabilities | 548,172 | 1,221,152 | |||||||
| Total current liabilities: | 3,972,169 | 6,623,458 | 104,344,236 | 665 | 11,464 | 1,300 | |||
| 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: | 15,547,632 | 6,623,458 | 104,344,236 | 665 | 11,464 | 1,300 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 9,717,553 | 5,005,968 | 2,738 | (4,897) | 23,255 | ||||
| Common stock | 638,708 | 42,192 | 4,270 | 4,270 | |||||
| Additional paid in capital | 377,538 | 349,898 | 349,898 | 349,898 | |||||
| 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: | 9,717,553 | 44,986,398 | 5,005,968 | 2,738 | (4,897) | 23,255 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,265,185 | 51,609,856 | 109,350,204 | 3,403 | 6,567 | 24,555 | |||
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 | 155,700 | 1 | |||||
| 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.