Planet Green Holdings Corp. (PLAG) Financial Statements (2024 and earlier)
Company Profile
Business Address |
130-30 31ST AVE, SUITE 512 FLUSHING, NY 11354 |
State of Incorp. | NV |
Fiscal Year End | December 31 |
Industry (SIC) | 203 - Canned, Frozen, And Preserved Fruits, Vegetables, and Food Specialties (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 713 | 224 | 93 | 227 | 300 | 354 | |||
Cash and cash equivalents | 713 | 224 | 93 | 227 | 300 | 354 | |||
Restricted cash and investments | 85 | 79 | 959 | ||||||
Receivables | 2,849 | 3,569 | 2,997 | 9,045 | 10,349 | 10,974 | |||
Inventory, net of allowances, customer advances and progress billings | 3,656 | 3,957 | 4,154 | 8,208 | 8,289 | 8,042 | |||
Inventory | 3,656 | 3,957 | 4,154 | 8,208 | 8,289 | 8,042 | |||
Prepaid expense | 468 | 513 | 580 | ||||||
Advances on inventory purchases | 8,338 | 6,376 | 5,417 | 6,229 | 6,485 | 6,360 | |||
Other undisclosed current assets | 1,623 | 739 | 594 | 979 | 1,495 | 1,256 | |||
Total current assets: | 17,647 | 15,378 | 13,835 | 24,773 | 26,996 | 27,944 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 234 | 351 | 480 | ||||||
Property, plant and equipment | 22,404 | 22,602 | 25,994 | 28,155 | 22,502 | ||||
Long-term investments and receivables | 2,768 | 16,527 | 16,488 | 16,517 | 7,080 | 3,150 | |||
Long-term investments | 2,768 | 16,527 | 16,488 | 16,517 | 7,080 | 3,150 | |||
Intangible assets, net (including goodwill) | 7,592 | 7,787 | 7,795 | 28,993 | 29,256 | 22,341 | |||
Goodwill | 4,725 | 4,725 | 4,725 | 25,374 | 25,374 | 18,181 | |||
Intangible assets, net (excluding goodwill) | 2,867 | 3,062 | 3,070 | 3,618 | 3,882 | 4,161 | |||
Prepaid expense | 2,593 | 2,741 | |||||||
Deferred income tax assets | 1,053 | 1,113 | 1,177 | ||||||
Other undisclosed noncurrent assets | 20,820 | 26 | 7,805 | ||||||
Total noncurrent assets: | 31,180 | 46,718 | 46,885 | 72,815 | 68,548 | 60,197 | |||
TOTAL ASSETS: | 48,827 | 62,096 | 60,720 | 97,588 | 95,545 | 88,141 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 4,693 | 5,043 | 4,612 | 9,277 | 8,698 | 8,029 | |||
Taxes payable | ✕ | ✕ | ✕ | ✕ | 959 | 937 | 872 | ||
Accounts payable | 3,526 | 3,825 | 3,528 | 7,359 | 6,823 | 6,286 | |||
Accrued liabilities | 1,167 | 1,218 | 1,083 | 959 | 937 | 872 | |||
Debt | 3,460 | 3,638 | 3,590 | 6,002 | 6,350 | 3,812 | |||
Due to related parties | ✕ | ✕ | ✕ | 4,283 | 10,413 | 10,407 | 9,072 | ||
Other undisclosed current liabilities | 13,852 | 13,233 | 7,089 | 8,809 | 9,541 | 14,954 | |||
Total current liabilities: | 22,006 | 21,914 | 19,573 | 34,501 | 34,995 | 35,867 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt, including: | 228 | 257 | 274 | ||||||
Other undisclosed liabilities, other than long-term debt | 228 | 257 | 274 | ||||||
Other undisclosed noncurrent liabilities | 277 | 291 | 287 | 569 | 622 | 362 | |||
Total noncurrent liabilities: | 505 | 548 | 561 | 569 | 622 | 362 | |||
Total liabilities: | 22,510 | 22,463 | 20,134 | 35,070 | 35,617 | 36,230 | |||
Equity | |||||||||
Equity, attributable to parent | 26,317 | 39,633 | 40,586 | 61,029 | 57,999 | 49,937 | |||
Common stock | 72 | 72 | 72 | 72 | 60 | 43 | |||
Additional paid in capital | 155,703 | 155,703 | 155,703 | 155,703 | 148,836 | 137,324 | |||
Accumulated other comprehensive income | 3,907 | 5,024 | 4,692 | 4,197 | 5,889 | 7,872 | |||
Accumulated deficit | (133,366) | (121,166) | (119,881) | (98,943) | (96,787) | (95,302) | |||
Equity, attributable to noncontrolling interest | 1,489 | 1,929 | 1,974 | ||||||
Total equity: | 26,317 | 39,633 | 40,586 | 62,518 | 59,928 | 51,911 | |||
TOTAL LIABILITIES AND EQUITY: | 48,827 | 62,096 | 60,720 | 97,588 | 95,545 | 88,141 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 4,573 | 8,534 | 6,969 | 10,264 | 15,544 | 11,979 | ||
Cost of revenue | (4,531) | (8,288) | (5,220) | (9,566) | (14,802) | (10,816) | ||
Gross profit: | 43 | 246 | 1,749 | 698 | 742 | 1,163 | ||
Operating expenses | (1,293) | (1,406) | (2,320) | (2,807) | (2,235) | (2,263) | ||
Operating loss: | (1,250) | (1,160) | (572) | (2,109) | (1,493) | (1,100) | ||
Nonoperating income (expense) | (10,918) | (78) | (9,819) | (149) | 46 | (72) | ||
Other nonoperating income (expense) | 60 | (116) | (161) | (162) | (166) | |||
Interest and debt expense | (130) | (71) | 15,919 | |||||
Income (loss) from continuing operations before equity method investments, income taxes: | (12,298) | (1,309) | 5,529 | (2,258) | (1,447) | (1,172) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 130 | 71 | (15,919) | |||||
Loss from continuing operations before income taxes: | (12,169) | (1,238) | (10,391) | (2,258) | (1,447) | (1,172) | ||
Income tax expense | (31) | (1,300) | (38) | (48) | (89) | |||
Loss from continuing operations: | (12,200) | (1,238) | (11,691) | (2,296) | (1,495) | (1,261) | ||
Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (2,296) | (1,495) | (1,261) | |
Other undisclosed net loss | (48) | (9,192) | ||||||
Net loss: | (12,200) | (1,285) | (20,882) | (2,296) | (1,495) | (1,261) | ||
Net income (loss) attributable to noncontrolling interest | (29) | 140 | 10 | 32 | ||||
Other undisclosed net income (loss) attributable to parent | 155 | (140) | (10) | (32) | ||||
Net loss available to common stockholders, basic: | (12,200) | (1,285) | (20,756) | (2,296) | (1,495) | (1,261) | ||
Other undisclosed net income (loss) available to common stockholders, diluted | (182) | 140 | 10 | 32 | ||||
Net loss available to common stockholders, diluted: | (12,200) | (1,285) | (20,938) | (2,156) | (1,485) | (1,230) |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (12,200) | (1,285) | (20,882) | (2,296) | (1,495) | (1,261) | ||
Other comprehensive income (loss) | (1,116) | 547 | 166 | |||||
Comprehensive loss: | (13,316) | (1,285) | (20,336) | (2,296) | (1,495) | (1,095) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (29) | 140 | 10 | 32 | ||||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 332 | 29 | (1,853) | (2,028) | (32) | |||
Comprehensive loss, net of tax, attributable to parent: | (13,316) | (954) | (20,336) | (4,010) | (3,513) | (1,095) |
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.