Shengda Network Technology, Inc. (SDWL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
FLOOR6, BUILDING 6 JINHUA CITY, ZHEJIANG PROVINCE, 322000 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7371 - Computer Programming Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 406 | 144 | 4,271 | 17 | |||
| Cash and cash equivalents | 406 | 144 | 4,271 | 17 | |||
| Receivables | 4,355 | 7,379 | |||||
| Inventory, net of allowances, customer advances and progress billings | 99 | ||||||
| Inventory | 99 | ||||||
| Prepaid expense | 4 | ||||||
| Other undisclosed current assets | 2,050 | 1,641 | |||||
| Total current assets: | 6,909 | 9,164 | 4,275 | 17 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 3 | 3 | ✕ | ||||
| Property, plant and equipment | 51 | 69 | |||||
| Other undisclosed noncurrent assets | 5,922 | ||||||
| Total noncurrent assets: | 5,977 | 71 | |||||
| TOTAL ASSETS: | 12,886 | 9,235 | 4,275 | 17 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 304 | 527 | 52 | 5 | |||
| Taxes payable | ✕ | 3 | |||||
| Accounts payable | 137 | 527 | 47 | 5 | |||
| Accrued liabilities | 3 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 166 | ||||||
| Deferred revenue | 31 | 3,973 | ✕ | ||||
| Due to related parties | 20 | 20 | 15 | ||||
| Other undisclosed current liabilities | 158 | 103 | |||||
| Total current liabilities: | 461 | 681 | 4,045 | 20 | |||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 327 | ||||||
| Total liabilities: | 461 | 681 | 4,372 | 20 | |||
| Equity | |||||||
| Equity, attributable to parent | 12,424 | 8,554 | (96) | (3) | |||
| Preferred stock | 0 | 0 | |||||
| Common stock | 14 | 14 | 7 | 7 | |||
| Additional paid in capital | 10,536 | 10,516 | 16 | 18 | |||
| Accumulated other comprehensive income (loss) | 347 | 821 | (40) | ||||
| Retained earnings (accumulated deficit) | 1,527 | (2,796) | (80) | (27) | |||
| Equity, attributable to noncontrolling interest | 1 | ||||||
| Other undisclosed equity | (0) | ||||||
| Total equity: | 12,425 | 8,554 | (96) | (3) | |||
| TOTAL LIABILITIES AND EQUITY: | 12,886 | 9,235 | 4,275 | 17 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|
| Revenues | 3,957 | 9,489 | 254 | 2 | ||
| Revenue from related parties | 920 | 5,278 | 254 | |||
| Cost of revenue | (3,579) | (7,829) | (214) | |||
| Gross profit: | 378 | 1,660 | 40 | 2 | ||
| Operating expenses | (458) | (4,020) | (97) | (27) | ||
| Other undisclosed operating income | 4 | |||||
| Operating loss: | (80) | (2,360) | (57) | (21) | ||
| Nonoperating income | 4,621 | 20 | 0 | |||
| Investment income, nonoperating | 765 | 21 | 0 | |||
| Interest and debt expense | (0) | (0) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 4,541 | (2,340) | (57) | (21) | ||
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | ||||
| Income (loss) from continuing operations before income taxes: | 4,541 | (2,340) | (57) | (21) | ||
| Income tax expense | (217) | (376) | ||||
| Other undisclosed loss from continuing operations | (4) | |||||
| Income (loss) from continuing operations: | 4,325 | (2,716) | (57) | (26) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 4,325 | (2,716) | (57) | (26) | |
| Net income (loss): | 4,325 | (2,716) | (57) | (26) | ||
| Net loss attributable to noncontrolling interest | (1) | |||||
| Net income (loss) available to common stockholders, diluted: | 4,324 | (2,716) | (57) | (26) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 4,325 | (2,716) | (57) | (26) | ||
| Other undisclosed comprehensive loss | (474) | |||||
| Comprehensive income (loss): | 3,851 | (2,716) | (57) | (26) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 0 | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 860 | (40) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,851 | (1,856) | (97) | (26) | ||
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.