China Green Agriculture, Inc. (CGA) Financial Statements (2024 and earlier)

Company Profile

Business Address 3RD FLOOR, BOROUGH A, BLOCK A. NO.181,
XIAN, SHAANXI PROVINCE,, 710065
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 287 - Agricultural Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments71,14274,11957,77018,59411,93572,260
Cash and cash equivalents71,14274,11957,77018,59411,93572,260
Receivables16,45627,68128,793102,783105,693145,190
Inventory, net of allowances, customer advances and progress billings46,45545,82142,19864,31698,921162,014
Inventory46,45545,82142,19864,31698,921162,014
Deferred costs (52)     
Advances on inventory purchases14,3337,27320,71223,88565,08232,714
Other current assets      
Other undisclosed current assets2,89312,7614,2988,1373,5682,776
Total current assets:151,227167,655153,772217,714285,199414,954
Noncurrent Assets
Property, plant and equipment16,69017,50118,87022,22122,92826,670
Intangible assets, net (including goodwill)13,56414,37914,93516,40822,79725,756
Goodwill     7,0457,874
Intangible assets, net (excluding goodwill)13,56414,37914,93516,40815,75217,881
Deferred income tax assets98    
Other noncurrent assets 6,3307,527  13,353
Other undisclosed noncurrent assets5,103101110,38611,204268
Total noncurrent assets:35,45438,22041,34449,01556,92966,046
TOTAL ASSETS:186,681205,875195,115266,729342,128481,000
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,90610,37129,57058,34857,89958,104
Interest and dividends payable766794726721
Taxes payable26,95532,54231,64531,358
Employee-related liabilities178185169174
Accounts payable2,1001,9291,67116,86917,71919,005
Accrued liabilities9,8058,442 7,9577,6406,847
Debt11,63012,4614,0314,1803,5387,280
Derivative instruments and hedges, liabilities      18
Due to related parties 5,3995,1924,9774,2123,642
Other undisclosed current liabilities36,84033,25621,55111,71413,6737,883
Total current liabilities:60,37661,48860,34479,21879,32276,927
Noncurrent Liabilities
Long-term debt and lease obligation9371,159   7,517
Long-term debt, excluding current maturities9371,159   7,517
Total noncurrent liabilities:9371,159   7,517
Total liabilities:61,31462,64760,34479,21879,32284,445
Equity
Equity, attributable to parent, including:125,368143,228134,771187,511262,806396,556
Common stock131312864
Additional paid in capital242,091242,091224,677170,223155,455138,012
Accumulated other comprehensive loss(26,950)(18,248)(13,414)(4,582) (19,821)
Retained earnings (accumulated deficit)(116,514)(80,628)(103,375)(5,813)111,864247,123
Other undisclosed equity, attributable to parent26,728 26,87127,673(4,520)31,238
Total equity:125,368143,228134,771187,511262,806396,556
TOTAL LIABILITIES AND EQUITY:186,681205,875195,115266,729342,128481,000

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

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues124,140148,389168,451231,409249,243294,321
Cost of revenue
(Cost of Goods and Services Sold)
(102,222)(122,833)(139,245)(191,833)(204,493)(229,678)
Gross profit:21,91825,55629,20639,57644,75164,643
Operating expenses(35,532)(77,202)(113,004)(153,323)(178,923)(45,838)
Operating income (loss):(13,613)(51,646)(83,798)(113,747)(134,172)18,805
Nonoperating income (expense)2341,6791,984283(235)(717)
Investment income, nonoperating258251194107177322
Other nonoperating income (expense)2711,6962,046443(108)(444)
Interest and debt expense(10,000)785(39,000)(81,000)(304)(318)
Income (loss) from continuing operations before equity method investments, income taxes:(23,380)(49,182)(120,815)(194,464)(134,711)17,770
Other undisclosed income (loss) from continuing operations before income taxes10,000(785)39,00081,000304318
Income (loss) from continuing operations before income taxes:(13,380)(49,967)(81,815)(113,464)(134,407)18,088
Income tax expense (benefit)981,8791,292(5,107)(2,345)(6,497)
Income (loss) from continuing operations:(13,282)(48,088)(80,523)(118,571)(136,752)11,590
Income (loss) before gain (loss) on sale of properties:(51,832)(98,364)(119,748)(136,752)11,590
Loss from discontinued operations  (7,341)(17,842)(1,176)  
Other undisclosed net income      
Net income (loss) attributable to parent:(13,282)(55,429)(98,364)(119,748)(136,752)11,590
Other undisclosed net income (loss) available to common stockholders, basic  (10,500) 1,176  
Net income (loss) available to common stockholders, diluted:(13,282)(65,929)(98,364)(118,571)(136,752)11,590

Comprehensive Income ($ in thousands)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):(13,282)(55,429)(98,364)(119,748)(136,752)11,590
Other comprehensive income (loss) 17,007  (39,643) 
Other undisclosed comprehensive income      
Comprehensive income (loss):(13,282)(38,422)(98,364)(119,748)(176,395)11,590
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(13,536)(34,392)(8,833)29,68325,200(16,223)
Comprehensive loss, net of tax, attributable to parent:(26,818)(72,814)(107,197)(90,065)(151,195)(4,633)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: