US China Mining Group Inc (SGZI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
15310 AMBERLY DRIVE, SUITE 250 TAMPA, FL 33647 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 122 - Bituminous Coal And Lignite Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2014 MRQ | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 27,256 | 40,290 | |||
| Cash and cash equivalents | 27,256 | 40,290 | |||
| Receivables | 283 | ||||
| Inventory, net of allowances, customer advances and progress billings | ✕ | 266 | 515 | ||
| Inventory | 266 | 515 | |||
| Deferred costs | 2,459 | ||||
| Deposits current assets | 1,771 | 2,086 | |||
| Prepaid expense and other current assets | ✕ | ✕ | 243 | ||
| Income taxes receivable | 539 | 621 | |||
| Other undisclosed current assets | 2,682 | 10 | |||
| Total current assets: | 35,255 | 43,765 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 18,431 | 13,422 | |||
| Deposits noncurrent assets | 4,921 | 4,773 | |||
| Other undisclosed noncurrent assets | 37,900 | 35,804 | |||
| Total noncurrent assets: | 61,251 | 53,999 | |||
| TOTAL ASSETS: | 96,506 | 97,764 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 6,846 | 6,948 | |||
| Taxes payable | 5,653 | 3,620 | |||
| Employee-related liabilities | 161 | 156 | |||
| Accounts payable | 200 | ||||
| Accrued liabilities | 833 | 3,172 | |||
| Debt | 4,428 | ||||
| Derivative instruments and hedges, liabilities | 103 | 750 | |||
| Deferred revenue and credits | 40 | 82 | |||
| Other undisclosed current liabilities | (161) | (154) | |||
| Total current liabilities: | 11,257 | 7,627 | |||
| Noncurrent Liabilities | |||||
| Liabilities, other than long-term debt | 5,258 | 4,860 | |||
| Asset retirement obligations | 5,258 | 4,860 | |||
| Total noncurrent liabilities: | 5,258 | 4,860 | |||
| Total liabilities: | 16,515 | 12,487 | |||
| Equity | |||||
| Equity, attributable to parent | 79,991 | 85,277 | |||
| Preferred stock | 0 | 0 | |||
| Common stock | 19 | 19 | |||
| Additional paid in capital | 41,210 | 41,200 | |||
| Accumulated other comprehensive income | 12,216 | 9,773 | |||
| Retained earnings | 26,545 | 34,285 | |||
| Total equity: | 79,991 | 85,277 | |||
| TOTAL LIABILITIES AND EQUITY: | 96,506 | 97,764 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 3,024 | 30,907 | ||
| Cost of revenue | (2,591) | (23,279) | ||
| Gross profit: | 432 | 7,628 | ||
| Operating expenses | (8,600) | (39,349) | ||
| Operating loss: | (8,167) | (31,721) | ||
| Nonoperating income | 363 | 987 | ||
| Investment income, nonoperating | 136 | 162 | ||
| Interest and debt expense | (404) | (268) | ||
| Loss from continuing operations before equity method investments, income taxes: | (8,208) | (31,003) | ||
| Other undisclosed income from continuing operations before income taxes | 404 | 268 | ||
| Loss from continuing operations before income taxes: | (7,804) | (30,735) | ||
| Income tax expense (benefit) | 64 | (503) | ||
| Loss from continuing operations: | (7,741) | (31,238) | ||
| Loss before gain (loss) on sale of properties: | (7,741) | (31,238) | ||
| Net loss available to common stockholders, diluted: | (7,741) | (31,238) | ||
Comprehensive Income ($ in thousands)
| 3/31/2014 TTM | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net loss: | (7,741) | (31,238) | ||
| Comprehensive loss: | (7,741) | (31,238) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 2,444 | 196 | ||
| Comprehensive loss, net of tax, attributable to parent: | (5,297) | (31,042) | ||
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.