Sincerity Applied Materials Holdings Corp. (SINC) Financial Statements (2024 and earlier)

Company Profile

Business Address UNIT 2205, 18 YARRA ST.
SOUTH VARRA, VIC, 3141
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 282 - Plastics Materials And Synthetic Resins, Synthetic (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,9861,0775,6842,2115,7284,192
Cash and cash equivalents2,9861,0775,6842,2115,7284,192
Receivables533,017517,409521,001531,441557,696583,514
Other undisclosed current assets      
Total current assets:536,003518,486526,685533,652563,424587,706
Noncurrent Assets
Property, plant and equipment98,89195,89695,82698,005100,289102,580
Deferred income tax assets93,74998,72787,66086,21591,31194,824
Other undisclosed noncurrent assets   (1)   
Total noncurrent assets:192,640194,623183,485184,220191,600197,404
TOTAL ASSETS:728,643713,109710,170717,872755,024785,110
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:143,404138,980387,160104,62883,57985,039
Accounts payable272,165 284,640   
Accrued liabilities143,404138,980102,520104,62883,57985,039
Other undisclosed accounts payable and accrued liabilities(272,165)     
Debt43,38349,14722,46523,36723,73924,094
Derivative instruments and hedges, liabilities      
Other undisclosed current liabilities464,835474,120188,921445,963484,081519,419
Total current liabilities:651,622662,247598,546573,958591,399628,552
Noncurrent Liabilities
Long-term debt and lease obligation   31,81341,55650,81660,303
Long-term debt, excluding current maturities   31,81341,55650,81660,303
Total noncurrent liabilities:   31,81341,55650,81660,303
Total liabilities:651,622662,247630,359615,514642,215688,855
Equity
Equity, attributable to parent, including:77,02150,86279,811102,358112,80996,255
Preferred stock      
Common stock123,953123,953123,953123,953123,953123,953
Additional paid in capital3,442,9203,442,9203,442,9203,442,9203,442,9203,442,920
Accumulated other comprehensive income (loss)44,83825,36623,66818,68619,8679,433
Accumulated deficit(3,481,179)(3,487,866)(3,457,219)(3,429,690)(3,420,420)(3,426,540)
Other undisclosed equity, attributable to parent(53,511)(53,511)(53,511)(53,511)(53,511)(53,511)
Total equity:77,02150,86279,811102,358112,80996,255
TOTAL LIABILITIES AND EQUITY:728,643713,109710,170717,872755,024785,110

Income Statement (P&L) (USD)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Revenues13,878(511)17,44714,93731,09684,499
Cost of revenue    (25,821)(35,566)
Other undisclosed gross profit  (223)(17,682)22,353 (1)
Gross profit:13,878(734)(235)37,2905,27548,932
Operating expenses(5,130)(40,421)(41,984)(41,323)(5,111)(7,125)
Other undisclosed operating income      1
Operating income (loss):8,748(41,155)(42,219)(4,033)16441,808
Nonoperating income (expense)817(651)9,820(1,470)8,10614,831
Gain (loss), foreign currency transaction, before tax2,219845(3,412)(3,000)(2,090)4,869
Other nonoperating income (expense)  (84)14,7003,09211,74911,436
Interest and debt expense(1,402)(1,412)(1,468)(1,562)(1,553)(1,474)
Income (loss) from continuing operations before equity method investments, income taxes:8,163(43,218)(33,867)(7,065)6,71755,165
Other undisclosed income from continuing operations before income taxes 1,4021,4121,4681,5621,5531,474
Income (loss) from continuing operations before income taxes:9,565(41,806)(32,399)(5,503)8,27056,639
Income tax expense (benefit)(2,878)11,1594,870(3,767)(2,150)(14,735)
Income (loss) from continuing operations:6,687(30,647)(27,529)(9,270)6,12041,904
Income (loss) before gain (loss) on sale of properties:6,687(30,647)(27,529)(9,270)6,12041,904
Other undisclosed net income (loss)2,878(10,112) 1  
Net income (loss):9,565(40,759)(27,529)(9,269)6,12041,904
Other undisclosed net income (loss) attributable to parent(2,878)10,112    
Net income (loss) available to common stockholders, basic:6,687(30,647)(27,529)(9,269)6,12041,904
Other undisclosed net income (loss) available to common stockholders, diluted (13,374)122,652    
Net income (loss) available to common stockholders, diluted:(6,687)92,005(27,529)(9,269)6,12041,904

Comprehensive Income (USD)

6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
Net income (loss):9,565(40,759)(27,529)(9,269)6,12041,904
Other comprehensive income (loss)19,4721,6984,982(1,181)10,4343,294
Comprehensive income (loss):29,037(39,061)(22,547)(10,450)16,55445,198
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2,878)10,112    
Comprehensive income (loss), net of tax, attributable to parent:26,159(28,949)(22,547)(10,450)16,55445,198

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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