Code Chain New Continent Limited (CCNC) financial statements (2022 and earlier)
Company profile
| Business Address |
NO 119 SOUTH ZHAOJUESI ROAD CHENGDU, SICHUAN, 610047 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 505 - Metals And Minerals, Except Petroleum (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 14,588 | 4,294 | 2,484 | 727 | 72 | 150 | 623 | ||
| Cash and cash equivalents | 14,588 | 999 | 2,484 | 727 | 72 | 150 | 623 | ||
| Short-term investments | 3,295 | ||||||||
| Receivables | 1,339 | 1,857 | 2,250 | 4,457 | |||||
| Inventory, net of allowances, customer advances and progress billings | 4 | 1,047 | 1,197 | 1,965 | |||||
| Inventory | 4 | 1,047 | 1,197 | 1,965 | |||||
| Prepaid expense | 4,781 | 4,069 | 2,218 | 10 | 16 | ||||
| Disposal group, including discontinued operation | 1,544 | ||||||||
| Other undisclosed current assets | 43 | 292 | 188 | ||||||
| Total current assets: | 15,931 | 11,979 | 11,587 | 9,660 | 82 | 166 | 811 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 23 | 69 | 90 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 284 | 83 | 19 | ||||||
| Intangible assets, net (including goodwill) | 6,591 | 12,877 | 17,129 | ||||||
| Goodwill | 6,590 | 11,650 | 14,339 | ||||||
| Intangible assets, net (excluding goodwill) | 0 | 1,227 | 2,790 | ||||||
| Prepaid expense | 27,707 | ||||||||
| Assets held-in-trust | 40,407 | 50,109 | 50,023 | ||||||
| Other noncurrent assets | 10,751 | 97 | |||||||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 206 | |||||
| Other undisclosed noncurrent assets | 127 | ||||||||
| Total noncurrent assets: | 34,604 | 13,156 | 10,861 | 17,432 | 40,407 | 50,109 | 50,023 | ||
| Other undisclosed assets | 5,761 | ||||||||
| TOTAL ASSETS: | 50,535 | 25,135 | 22,448 | 32,853 | 40,489 | 50,275 | 50,835 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,790 | 1,199 | 344 | 1,504 | 521 | 103 | 71 | ||
| Accounts payable | 3,544 | 1,126 | 344 | 1,449 | 127 | 20 | 28 | ||
| Accrued liabilities | 395 | 83 | 43 | ||||||
| Taxes payable | 2,246 | 73 | 0 | 56 | |||||
| Debt | 475 | 509 | |||||||
| Due to related parties | 466 | 145 | 141 | 141 | 141 | ||||
| Disposal group, including discontinued operation | 10,174 | ||||||||
| Other undisclosed current liabilities | 12,190 | 1,515 | 5,667 | 11,186 | |||||
| Total current liabilities: | 18,447 | 3,189 | 16,185 | 13,344 | 662 | 243 | 211 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 239 | (30,217) | |||||||
| Due to related parties | 145 | ||||||||
| Disposal group, including discontinued operation, liabilities | 239 | ||||||||
| Business combination, contingent consideration, liability | (30,362) | ||||||||
| Other undisclosed noncurrent liabilities | 9 | 34 | 62 | 30,362 | |||||
| Total noncurrent liabilities: | 9 | 34 | 301 | 145 | |||||
| Total liabilities: | 18,455 | 3,222 | 16,486 | 13,489 | 662 | 243 | 211 | ||
| Temporary equity, carrying amount | 30,369 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 32,080 | 21,913 | 5,962 | 19,364 | 9,458 | 10,032 | 10,623 | ||
| Common stock | 5 | 3 | 2 | 2 | 0 | 0 | 0 | ||
| Additional paid in capital | 83,034 | 20,022 | 8,351 | 4,815 | 10,808 | 10,808 | 10,857 | ||
| Accumulated other comprehensive income (loss) | 226 | 936 | (832) | (721) | |||||
| Retained earnings (accumulated deficit) | (26,019) | 952 | (1,559) | 15,268 | (1,350) | (776) | (234) | ||
| Stockholders' equity note, subscriptions receivable | (25,166) | ✕ | |||||||
| Total stockholders' equity: | 32,080 | 21,913 | 5,962 | 19,364 | 9,458 | 10,032 | 10,623 | ||
| Other undisclosed liabilities and equity | 40,000 | 40,000 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 50,535 | 25,135 | 22,448 | 32,853 | 40,489 | 50,275 | 50,835 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 25,030 | 11,853 | 19,584 | 23,191 | ||||
| Cost of revenue | (16,780) | (10,748) | (19,022) | (18,672) | ||||
| Cost of goods and services sold | (10,748) | (18,699) | (4,604) | |||||
| Gross profit: | 8,250 | 1,105 | 562 | 4,520 | ||||
| Operating expenses | (22,897) | (2,058) | (852) | (2,393) | (906) | (628) | ||
| Operating income (loss): | (14,647) | (953) | (289) | 2,127 | (906) | (628) | ||
| Nonoperating income (expense) | 118 | (3,895) | 4 | (161) | ||||
| Investment income, nonoperating | (11,171) | 14 | 1 | 2 | ||||
| Other nonoperating income (expense) | (3) | 24 | 18 | |||||
| Interest and debt expense | (0) | (18) | (23) | (182) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (14,529) | (4,867) | (309) | 1,784 | (906) | (628) | ||
| Other undisclosed income from continuing operations before income taxes | 0 | 18 | 23 | 182 | ||||
| Income (loss) from continuing operations before income taxes: | (14,529) | (4,849) | (285) | 1,966 | (906) | (628) | ||
| Income tax expense (benefit) | (1,295) | 61 | (129) | (516) | ||||
| Income (loss) from continuing operations: | (15,824) | (4,788) | (414) | 1,450 | (906) | (628) | ||
| Income (loss) from discontinued operations | 24 | (16,412) | ||||||
| Income (loss) before gain (loss) on sale of properties: | (15,800) | (4,788) | (16,826) | 1,450 | (906) | (628) | ||
| Other undisclosed net loss | (11,171) | |||||||
| Net income (loss): | (26,971) | (4,788) | (16,826) | 1,450 | (906) | (628) | ||
| Other undisclosed net income attributable to parent | 7,299 | 333 | 86 | |||||
| Net income (loss) available to common stockholders, diluted: | (26,971) | 2,510 | (16,826) | 1,450 | (574) | (542) | ||
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (26,971) | (4,788) | (16,826) | 1,450 | (906) | (628) | ||
| Comprehensive income (loss): | (26,971) | (4,788) | (16,826) | 1,450 | (906) | (628) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (710) | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 9,067 | (112) | (2,322) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (27,681) | 4,278 | (16,938) | (872) | (906) | (628) | ||
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.