AiXin Life International, Inc. (AIXN) financial statements (2021 and earlier)

Company profile

Business Address HONGXING INTL BUSINESS BUILDING 2,
JINJIANG, CHENGDU, SICHUAN PRO, 610011
State of Incorp. CO
Fiscal Year End December 31
SIC 5912 - Drug Stores and Proprietary Stores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
5/31/2017
5/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 101138 2
Cash and cash equivalents 101138 2
Receivables 1,2993632  
Inventory, net of allowances, customer advances and progress billings 491349  
Inventory 491349  
Prepaid expense 4,05422  
Deferred costs  339423  
Other undisclosed current assets 331255299  
Total current assets: 5,743656843 2
Noncurrent Assets
Operating lease, right-of-use asset 214
Property, plant and equipment 1051,4641,719  
Total noncurrent assets: 3181,4641,719  
TOTAL ASSETS: 6,0612,1202,562 2
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 7811,4311,535382
Accounts payable 374058  
Accrued liabilities 558689  
Employee-related liabilities 9016297  
Taxes payable 971,2221,291  
Other undisclosed accounts payable and accrued liabilities    382
Debt 146    
Due to related parties  1,166988167126
Deferred revenue and credits2,691  
Contract with customer, liability2,187
Other undisclosed current liabilities  527418  
Total current liabilities: 9285,3115,632205128
Noncurrent Liabilities
Long-term debt and lease obligation 68    
Operating lease, liability 68
Total noncurrent liabilities: 68    
Total liabilities: 9955,3115,632205128
Stockholders' equity
Stockholders' equity attributable to parent, including: 5,066(3,191)(3,070)(205)(127)
Common stock 33300
Additional paid in capital 10,7414,3953,372159159
Accumulated other comprehensive income (loss) 151136(70)  
Accumulated deficit (5,842)(7,736)(6,387)(364)(286)
Other undisclosed stockholders' equity attributable to parent 121212  
Total stockholders' equity: 5,066(3,191)(3,070)(205)(127)
TOTAL LIABILITIES AND EQUITY: 6,0612,1202,562 2

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
5/31/2017
5/31/2016
Revenues 3,418414688  
Cost of revenue (389)(159)(258) (12)
Cost of goods and services sold (389)    
Financial services costs  (12)
Gross profit: 3,029255430 (12)
Operating expenses (2,269)(1,596)(5,547)(78)(52)
Operating income (loss): 760(1,341)(5,117)(78)(64)
Nonoperating income (expense) 1,135(9)862  
Other nonoperating expense (2)(8)(1)  
Net income (loss): 1,894(1,350)(4,255)(78)(64)
Other undisclosed net income attributable to parent     12
Net income (loss) available to common stockholders, diluted: 1,894(1,350)(4,255)(78)(52)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
5/31/2017
5/31/2016
Net income (loss): 1,894(1,350)(4,255)(78)(64)
Comprehensive income (loss): 1,894(1,350)(4,255)(78)(64)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 16206(158)  
Comprehensive income (loss), net of tax, attributable to parent: 1,910(1,144)(4,413)(78)(64)

Statements sources

The financial statements are based on the company's filings with the 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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