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
Q1
6/30/2022
Q4
3/31/2022
Q3
12/31/2021
Q2
9/30/2021
Q1
6/30/2021
Q4
3/31/2021
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4064479843144317
Cash and cash equivalents4064479843144317
Receivables4,3552,0917,5032,6767,37911,780
Inventory, net of allowances, customer advances and progress billings99 696   
Inventory99 696   
Prepaid expense      1
Other undisclosed current assets2,0503,351 6,4301,641634
Total current assets:6,9095,4868,9969,1499,16412,732
Noncurrent Assets
Operating lease, right-of-use asset351234
Property, plant and equipment515862656971
Other undisclosed noncurrent assets5,9226,257    
Total noncurrent assets:5,9776,32063677175
TOTAL ASSETS:12,88611,8069,0599,2169,23512,807
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:30416399566527449
Taxes payable   277
Accounts payable13716399566527172
Other undisclosed accounts payable and accrued liabilities166     
Deferred revenue     3131
Due to related parties     2020
Other undisclosed current liabilities1582745087103 
Total current liabilities:461290449654681499
Noncurrent Liabilities
Other undisclosed liabilities      92
Total liabilities:461290449654681591
Equity
Equity, attributable to parent12,42411,5168,6108,5628,55412,216
Preferred stock00000 
Common stock141414141414
Additional paid in capital10,53610,53610,53610,53610,51610,514
Accumulated other comprehensive income (loss)3471,008874838821743
Retained earnings (accumulated deficit)1,527(42)(2,814)(2,826)(2,796)945
Equity, attributable to noncontrolling interest1     
Other undisclosed equity      (0)
Total equity:12,42511,5168,6108,5628,55412,216
TOTAL LIABILITIES AND EQUITY:12,88611,8069,0599,2169,23512,807

Income Statement (P&L) ($ in thousands)

9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
12/31/2021
Q2
9/30/2021
Q1
6/30/2021
Q4
3/31/2021
Q3
Revenues1,1971,413603744989766
Cost of revenue(1,032)(1,295)(550)(703)(860)(659)
Gross profit:1661185341130107
Operating expenses752(1,079)(64)(67)(3,872)(54)
Operating income (loss):918(960)(11)(27)(3,742)53
Nonoperating income (expense)6973,90123(0)00
Investment income, nonoperating 617030000
Interest and debt expense    (0)(0)(0)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (0)0
Income (loss) from continuing operations before equity method investments, income taxes:1,6152,94112(27)(3,742)53
Other undisclosed income from continuing operations before income taxes    00 
Income (loss) from continuing operations before income taxes:1,6152,94112(27)(3,742)53
Income tax expense (benefit)(45)(169)(0)(3)1(8)
Income (loss) from continuing operations:1,5702,77212(29)(3,741)45
Income (loss) before gain (loss) on sale of properties:1,5702,77212(29)(3,741)45
Net income (loss):1,5702,77212(29)(3,741)45
Net loss attributable to noncontrolling interest      
Other undisclosed net loss attributable to parent (1)     
Net income (loss) available to common stockholders, diluted:1,5692,77212(29)(3,741)45

Comprehensive Income ($ in thousands)

9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
12/31/2021
Q2
9/30/2021
Q1
6/30/2021
Q4
3/31/2021
Q3
Net income (loss):1,5702,77212(29)(3,741)45
Other undisclosed comprehensive loss(474)     
Comprehensive income (loss):1,0962,77212(29)(3,741)45
Comprehensive loss, net of tax, attributable to noncontrolling interest      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (187)134361778(63)
Comprehensive income (loss), net of tax, attributable to parent:9092,90648(12)(3,663)(18)

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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