AiXin Life International, Inc. (AXIN) financial statements (2022 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)
| 9/30/2021 TTM | 12/31/2020 | 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 | 7,677 | 10 | 11 | 38 | 2 | ||||
| Cash and cash equivalents | 7,677 | 10 | 11 | 38 | 2 | ||||
| Receivables | 16 | 1,299 | 36 | 32 | |||||
| Inventory, net of allowances, customer advances and progress billings | 46 | 49 | 13 | 49 | |||||
| Inventory | 46 | 49 | 13 | 49 | |||||
| Prepaid expense | 156 | 4,054 | 2 | 2 | |||||
| Deferred costs | 339 | 423 | |||||||
| Other undisclosed current assets | 32 | 331 | 255 | 299 | |||||
| Total current assets: | 7,926 | 5,743 | 656 | 843 | 2 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 100 | 214 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 68 | 105 | 1,464 | 1,719 | |||||
| Total noncurrent assets: | 168 | 318 | 1,464 | 1,719 | |||||
| TOTAL ASSETS: | 8,094 | 6,061 | 2,120 | 2,562 | 2 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 837 | 781 | 1,431 | 1,535 | 38 | 2 | |||
| Accounts payable | 39 | 37 | 40 | 58 | |||||
| Accrued liabilities | 408 | 558 | 6 | 89 | |||||
| Employee-related liabilities | 106 | 90 | 162 | 97 | |||||
| Taxes payable | 283 | 97 | 1,222 | 1,291 | |||||
| Other undisclosed accounts payable and accrued liabilities | 38 | 2 | |||||||
| Debt | 146 | ||||||||
| Due to related parties | 265 | 1,166 | 988 | 167 | 126 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 2,691 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 2,187 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 71 | 527 | 418 | ||||||
| Total current liabilities: | 1,172 | 928 | 5,311 | 5,632 | 205 | 128 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 29 | 68 | |||||||
| Operating lease, liability | 29 | 68 | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | (29) | ||||||||
| Total noncurrent liabilities: | 29 | 68 | |||||||
| Total liabilities: | 1,202 | 995 | 5,311 | 5,632 | 205 | 128 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 6,892 | 5,066 | (3,191) | (3,070) | (205) | (127) | |||
| Common stock | 1 | 3 | 3 | 3 | 0 | 0 | |||
| Additional paid in capital | 11,116 | 10,741 | 4,395 | 3,372 | 159 | 159 | |||
| Accumulated other comprehensive income (loss) | 589 | 151 | 136 | (70) | |||||
| Accumulated deficit | (4,965) | (5,842) | (7,736) | (6,387) | (364) | (286) | |||
| Other undisclosed stockholders' equity attributable to parent | 152 | 12 | 12 | 12 | |||||
| Total stockholders' equity: | 6,892 | 5,066 | (3,191) | (3,070) | (205) | (127) | |||
| TOTAL LIABILITIES AND EQUITY: | 8,094 | 6,061 | 2,120 | 2,562 | 2 | ||||
Income statement (P&L) ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 5/31/2017 | 5/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,451 | 3,418 | 414 | 688 | ||||
| Cost of revenue | (225) | (389) | (159) | (258) | (12) | |||
| Cost of goods and services sold | (225) | (389) | ||||||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | (12) | |||
| Gross profit: | 2,226 | 3,029 | 255 | 430 | (12) | |||
| Operating expenses | (1,432) | (2,269) | (1,596) | (5,547) | (78) | (52) | ||
| Operating income (loss): | 794 | 760 | (1,341) | (5,117) | (78) | (64) | ||
| Nonoperating income (expense) | 563 | 1,135 | (9) | 862 | ||||
| Other nonoperating income (expense) | 26 | (2) | (8) | (1) | ||||
| Income (loss) from continuing operations before income taxes: | 1,358 | 1,894 | (1,350) | (4,255) | (78) | (64) | ||
| Income tax expense | (340) | |||||||
| Net income (loss): | 1,018 | 1,894 | (1,350) | (4,255) | (78) | (64) | ||
| Other undisclosed net income attributable to parent | 12 | |||||||
| Net income (loss) available to common stockholders, diluted: | 1,018 | 1,894 | (1,350) | (4,255) | (78) | (52) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 5/31/2017 | 5/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,018 | 1,894 | (1,350) | (4,255) | (78) | (64) | ||
| Comprehensive income (loss): | 1,018 | 1,894 | (1,350) | (4,255) | (78) | (64) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 437 | 16 | 206 | (158) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,455 | 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.