China Advanced Construction Materials Group, Inc. (CADC) Financial Statements (2023 and Earlier)

Company Profile

Business Address 9 NORTH WEST FOURTH RING ROAD YINGU
BEIJING, 100190
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 17 - Construction Special Trade Contractors (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0992251,0078,09330,1479,118
Cash and cash equivalents1,0992251,0072,69215,4313,950
Short-term investments   5,40114,7165,168
Receivables44,79147,78347,38241,43753,48959,696
Inventory, net of allowances, customer advances and progress billings4276271,0231,4171,5621,122
Inventory4276271,0231,4171,5621,122
Prepaid expense1,56916,89537,21052,47835,69927,828
Other undisclosed current assets2,76611,2054,09812,89915,99925,709
Total current assets:50,65276,73590,719116,325136,897123,473
Noncurrent Assets
Property, plant and equipment2,7483,6444,71010,15612,87814,357
Deposits noncurrent assets   1,6842,8564,015
Other undisclosed noncurrent assets    (12,878)(10,430)
Total noncurrent assets:2,7483,6444,71011,8402,8567,943
Other undisclosed assets    12,87814,357
TOTAL ASSETS:53,40080,37995,429128,165152,631145,774
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,73630,53833,32226,01634,93534,826
Accounts payable10,34029,08231,23423,40032,50133,731
Accrued liabilities1,2181,3531,9922,6042,241989
Taxes payable1781039613192107
Debt26,43235,81335,21661,07919,71948,204
Due to related parties 6641,49184925757
Customer advances and deposits  4,2721,2851,073
Other liabilities4,400     
Other undisclosed current liabilities1,1303,485  54,3971,733
Total current liabilities:43,69870,50074,30188,464111,04985,521
Noncurrent Liabilities
Long-term debt and lease obligation    1,1783,561
Capital lease obligations    1,1783,561
Other undisclosed noncurrent liabilities (0)    
Total noncurrent liabilities: (0)  1,1783,561
Total liabilities:43,69870,50074,30188,464112,22789,082
Stockholders' equity
Stockholders' equity attributable to parent, including:9,7029,87921,12839,70140,40456,692
Common stock522211
Additional paid in capital48,36038,66238,37438,37435,23335,233
Deferred compensation equity(2,825)     
Accumulated other comprehensive income7,5567,2097,70810,47510,1559,797
Retained earnings (accumulated deficit)(49,643)(42,243)(31,205)(15,399)(11,235)5,412
Other undisclosed stockholders' equity attributable to parent6,2486,2486,2486,2486,2486,248
Other undisclosed stockholders' equity 0    
Total stockholders' equity:9,7029,87921,12839,70140,40456,692
TOTAL LIABILITIES AND EQUITY:53,40080,37995,429128,165152,631145,774

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

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
Revenues45,73545,04853,67955,47148,69174,487
Revenue, net  53,67955,15647,46969,315
Cost of revenue(39,022)(43,953)(51,941)(50,750)(44,068)(60,767)
Cost of goods and services sold  (51,941)(50,464)(42,809)(56,266)
Gross profit:6,7121,0951,7374,7214,62313,720
Operating expenses(10,056)(9,868)(14,001)(8,530)(21,807)(35,590)
Other undisclosed operating loss  (387)  (4,656)
Operating loss:(3,344)(8,773)(12,650)(3,809)(17,184)(26,526)
Nonoperating income (expense)(4,056)(2,265)(1,411)7452,9833,097
Investment income, nonoperating6302681,1762,745792
Loss on contract termination     (4,118)
Other nonoperating income (expense)11240721(742)(135)(366)
Interest and debt expense(1,361)(831)(838)(1,362)(2,548)(1,798)
Other undisclosed income from continuing operations before equity method investments, income taxes1,3618318381,3622,5481,798
Loss from continuing operations before income taxes:(7,400)(11,038)(14,061)(3,064)(14,202)(23,429)
Income tax expense  (1,745)(1,100)(2,445)(169)
Net loss available to common stockholders, diluted:(7,400)(11,038)(15,806)(4,164)(16,647)(23,598)

Comprehensive Income ($ in thousands)

6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
6/30/2013
Net loss:(7,400)(11,038)(15,806)(4,164)(16,647)(23,598)
Comprehensive loss:(7,400)(11,038)(15,806)(4,164)(16,647)(23,598)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent347(499)(2,767)3203591,224
Comprehensive loss, net of tax, attributable to parent:(7,053)(11,537)(18,573)(3,844)(16,288)(22,375)

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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