AiXin Life International, Inc. (AIXN) financial statements (2020 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)

9/30/2019
TTM
12/31/2018
12/31/2017
5/31/2017
5/31/2016
5/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3601138 21
Cash and cash equivalents3601138 21
Receivables4,4243632   
Inventory, net of allowances, customer advances and progress billings211349   
Inventory211349   
Prepaid expense41222   
Deferred costs 339423   
Other undisclosed current assets27255299   
Total current assets:5,243656843 21
Noncurrent Assets
Operating lease, right-of-use asset146
Property, plant and equipment1141,4641,719   
Total noncurrent assets:2601,4641,719   
TOTAL ASSETS:5,5032,1202,562 21
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,4171,4311,5353822
Accounts payable364058   
Accrued liabilities 689   
Employee-related liabilities 16297   
Taxes payable1,3811,2221,291   
Other undisclosed accounts payable and accrued liabilities   3822
Deferred revenue356
Debt96     
Due to related parties 1,16698816712674
Deferred revenue and credits2,691   
Contract with customer, liability2,187
Other undisclosed current liabilities504527418   
Total current liabilities:2,3735,3115,63220512876
Noncurrent Liabilities
Long-term debt and lease obligation50     
Operating lease, liability50
Total noncurrent liabilities:50     
Total liabilities:2,4235,3115,63220512876
Stockholders' equity
Stockholders' equity attributable to parent, including:3,080(3,191)(3,070)(205)(127)(75)
Common stock333000
Common stock, value, subscriptions4,000     
Additional paid in capital6,6444,3953,372159159159
Accumulated other comprehensive income (loss)76136(70)   
Accumulated deficit(7,655)(7,736)(6,387)(364)(286)(234)
Other undisclosed stockholders' equity attributable to parent121212   
Total stockholders' equity:3,080(3,191)(3,070)(205)(127)(75)
TOTAL LIABILITIES AND EQUITY:5,5032,1202,562 21

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

9/30/2019
TTM
12/31/2018
12/31/2017
5/31/2017
5/31/2016
5/31/2015
Revenues2,153414688   
Cost of revenue(273)(159)(258) (12)(12)
Financial services costs  (12)(12)
Gross profit:1,879255430 (12)(12)
Operating expenses(2,042)(1,596)(5,547)(78)(52)(27)
Operating loss:(163)(1,341)(5,117)(78)(64)(39)
Nonoperating income (expense)(34)(9)862   
Other nonoperating income (expense)0(8)(1)   
Loss from continuing operations before equity method investments, income taxes:(196)(1,350)(4,255)(78)(64)(39)
Other undisclosed income from continuing operations before income taxes     12
Net loss:(196)(1,350)(4,255)(78)(64)(27)
Other undisclosed net income attributable to parent    12 
Net loss available to common stockholders, diluted:(196)(1,350)(4,255)(78)(52)(27)

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
5/31/2017
5/31/2016
5/31/2015
Net loss:(196)(1,350)(4,255)(78)(64)(27)
Comprehensive loss:(196)(1,350)(4,255)(78)(64)(27)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(140)206(158)   
Comprehensive loss, net of tax, attributable to parent:(336)(1,144)(4,413)(78)(64)(27)

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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