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 investments14,5884,2942,48472772150623
Cash and cash equivalents14,5889992,48472772150623
Short-term investments 3,295     
Receivables1,3391,8572,2504,457   
Inventory, net of allowances, customer advances and progress billings41,0471,1971,965   
Inventory41,0471,1971,965   
Prepaid expense 4,7814,0692,2181016 
Disposal group, including discontinued operation  1,544    
Other undisclosed current assets  43292  188
Total current assets:15,93111,97911,5879,66082166811
Noncurrent Assets
Finance lease, right-of-use asset236990
Property, plant and equipment2848319    
Intangible assets, net (including goodwill)6,59112,877 17,129   
Goodwill6,59011,650 14,339   
Intangible assets, net (excluding goodwill)01,227 2,790   
Prepaid expense27,707      
Assets held-in-trust    40,40750,10950,023
Other noncurrent assets  10,75197   
Deferred tax assets, net206   
Other undisclosed noncurrent assets 127     
Total noncurrent assets:34,60413,15610,86117,43240,40750,10950,023
Other undisclosed assets   5,761   
TOTAL ASSETS:50,53525,13522,44832,85340,48950,27550,835
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,7901,1993441,50452110371
Accounts payable3,5441,1263441,4491272028
Accrued liabilities    3958343
Taxes payable2,24673056   
Debt 475 509   
Due to related parties466  145141141141
Disposal group, including discontinued operation  10,174    
Other undisclosed current liabilities12,1901,5155,66711,186   
Total current liabilities:18,4473,18916,18513,344662243211
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 liabilities9346230,362   
Total noncurrent liabilities:934301145   
Total liabilities:18,4553,22216,48613,489662243211
Temporary equity, carrying amount    30,369  
Stockholders' equity
Stockholders' equity attributable to parent32,08021,9135,96219,3649,45810,03210,623
Common stock5322000
Additional paid in capital83,03420,0228,3514,81510,80810,80810,857
Accumulated other comprehensive income (loss)226936(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:32,08021,9135,96219,3649,45810,03210,623
Other undisclosed liabilities and equity     40,00040,000
TOTAL LIABILITIES AND EQUITY:50,53525,13522,44832,85340,48950,27550,835

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
Revenues25,03011,85319,58423,191   
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:8,2501,1055624,520   
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)1412   
Other nonoperating income (expense) (3)2418   
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 taxes01823182   
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 operations24 (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  33386 
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.

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