Sino Agro Food, Inc. (SIAF) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
ROOM 3520, BLOCK A, CHINA SHINE PLAZA, GUANGZHOU, 510610 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 09 - Fishing, hunting, and trapping (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 186 | 186 | 4,951 | 560 | 2,576 | ||
| Cash and cash equivalents | 186 | 186 | 4,951 | 560 | 2,576 | ||
| Receivables | 114,742 | 194,094 | 129,960 | 103,652 | 170,033 | ||
| Inventory, net of allowances, customer advances and progress billings | 54,582 | 52,629 | 62,592 | ||||
| Inventory | 54,582 | 52,629 | 62,592 | ||||
| Prepaid expense | 5,007 | ||||||
| Capitalized contract cost | 251 | ✕ | ✕ | ||||
| Advances on inventory purchases | 13,141 | 1,060 | |||||
| Costs in excess of billings | ✕ | ✕ | ✕ | 1,249 | 741 | ||
| Other current assets | 2,632 | 2,625 | 2,621 | 2,574 | |||
| Other undisclosed current assets | 3 | 26,440 | 49,867 | 67,839 | 77,265 | ||
| Total current assets: | 128,072 | 224,662 | 241,985 | 228,550 | 320,788 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 97,880 | 103,064 | 296,975 | 307,874 | 278,558 | ||
| Other noncurrent assets | 239,388 | 274,645 | 251,643 | 238,498 | 166,315 | ||
| Other undisclosed noncurrent assets | 52,482 | 51,033 | |||||
| Total noncurrent assets: | 389,750 | 428,742 | 548,618 | 546,373 | 444,873 | ||
| TOTAL ASSETS: | 517,822 | 653,404 | 790,603 | 774,922 | 765,661 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,665 | 2,591 | 8,280 | 4,243 | 8,789 | ||
| Taxes payable | 0 | 1 | |||||
| Other undisclosed accounts payable and accrued liabilities | 2,665 | 2,591 | 8,280 | 4,243 | 8,788 | ||
| Debt | 4,808 | 4,744 | 3,996 | ||||
| Derivative instruments and hedges, liabilities | 2 | 2 | |||||
| Due to related parties | 1,985 | 1,166 | 2,046 | 107 | 2,070 | ||
| Billings in excess of cost | ✕ | ✕ | ✕ | 5,740 | 2,631 | ||
| Other liabilities | 36,542 | 35,363 | 42,524 | 40,593 | 5,962 | ||
| Other undisclosed current liabilities | 5,387 | 9,025 | 4,796 | 1 | |||
| Total current liabilities: | 41,193 | 44,506 | 66,686 | 60,227 | 23,450 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 5,537 | 6,045 | 5,766 | ||||
| Long-term debt, excluding current maturities | 5,537 | 6,045 | 5,766 | ||||
| Liabilities, other than long-term debt | 7,152 | 7,793 | 11,090 | 11,192 | |||
| Due to related parties | 7,152 | 7,793 | 11,090 | 11,192 | |||
| Other undisclosed noncurrent liabilities | 21,315 | ||||||
| Total noncurrent liabilities: | 7,152 | 13,330 | 17,135 | 38,273 | |||
| Total liabilities: | 41,193 | 51,657 | 80,016 | 77,362 | 61,723 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | 395,885 | 521,835 | 628,697 | 612,358 | 604,771 | ||
| Common stock | 60 | 52 | 50 | 29 | 23 | ||
| Treasury stock, value | (1,250) | (1,250) | (1,250) | (1,250) | (1,250) | ||
| Additional paid in capital | 135,664 | 133,576 | 181,501 | 169,744 | 155,741 | ||
| Accumulated other comprehensive income (loss) | (54,998) | (10,416) | 2,346 | (4,335) | |||
| Retained earnings | 316,408 | 448,470 | 458,812 | 441,489 | 454,593 | ||
| Other undisclosed stockholders' equity attributable to parent | (59,012) | ||||||
| Stockholders' equity attributable to noncontrolling interest | 80,744 | 79,911 | 81,890 | 85,203 | 99,167 | ||
| Total stockholders' equity: | 476,629 | 601,747 | 710,587 | 697,561 | 703,938 | ||
| TOTAL LIABILITIES AND EQUITY: | 517,822 | 653,404 | 790,603 | 774,922 | 765,661 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Revenues | 9,892 | 135,598 | 141,671 | 198,167 | 342,946 | |
| Revenue, net | ✕ | ✕ | ✕ | 198,167 | 341,897 | |
| Cost of revenue (Cost of Goods and Services Sold) | (178,540) | (259,009) | ||||
| Other undisclosed gross profit | (2,325) | (114,992) | (120,019) | |||
| Gross profit: | 7,568 | 20,606 | 21,652 | 19,626 | 83,937 | |
| Operating expenses | (5,954) | (13,452) | (15,595) | (19,780) | (17,197) | |
| Operating income (loss): | 1,614 | 7,155 | 6,057 | (154) | 66,740 | |
| Nonoperating income (expense) | (132,682) | (18,560) | 9,747 | (29,949) | (1,905) | |
| Other nonoperating income (expense) | (22,599) | (4,609) | (10,718) | 318 | ||
| Interest and debt expense | (6,225) | (404) | (601) | (6,225) | (4,011) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 6,225 | 404 | 601 | 6,225 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (131,069) | (11,406) | 15,804 | (30,103) | 60,824 | |
| Income (loss) from equity method investments | (28,190) | 7,537 | ||||
| Other undisclosed income from continuing operations before income taxes | 4,011 | |||||
| Income (loss) from continuing operations before income taxes: | (159,258) | (3,868) | 15,804 | (30,103) | 64,835 | |
| Income tax expense | (2) | (1) | ||||
| Income (loss) from continuing operations: | (159,258) | (3,868) | 15,804 | (30,105) | 64,834 | |
| Income from discontinued operations | 14,869 | |||||
| Income (loss) before gain (loss) on sale of properties: | (159,258) | (3,868) | 15,804 | (30,105) | 79,703 | |
| Other undisclosed net income (loss) | 28,190 | (7,537) | ||||
| Net income (loss): | (131,069) | (11,406) | 15,804 | (30,105) | 79,703 | |
| Other undisclosed net income (loss) attributable to parent | (992) | 1,063 | 1,519 | 17,000 | 35,273 | |
| Net income (loss) available to common stockholders, basic: | (132,061) | (10,342) | 17,323 | (13,104) | 114,976 | |
| Interest on convertible debt | 894 | |||||
| Net income (loss) available to common stockholders, diluted: | (132,061) | (10,342) | 17,323 | (13,104) | 115,870 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (131,069) | (11,406) | 15,804 | (30,105) | 79,703 | |
| Other undisclosed comprehensive income (loss) | (1,428) | 4,480 | (13,036) | 29,782 | 27,697 | |
| Comprehensive income (loss): | (132,496) | (6,926) | 2,768 | (322) | 107,399 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 160 | 916 | 1,793 | (5,602) | 1,657 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (132,336) | (6,010) | 4,561 | (5,924) | 109,057 | |
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.