China Green Agriculture, Inc. (CGA) Financial Statements (2023 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 millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 24 | 19 | 12 | 72 | 151 | 123 | ||
| Cash and cash equivalents | 24 | 19 | 12 | 72 | 151 | 123 | ||
| Receivables | 75 | 103 | 106 | 145 | 175 | 142 | ||
| Inventory, net of allowances, customer advances and progress billings | 39 | 64 | 99 | 162 | 54 | 78 | ||
| Inventory | 39 | 64 | 99 | 162 | 54 | 78 | ||
| Deferred costs | (12) | (10,716) | ||||||
| Advances on inventory purchases | 27 | 24 | 65 | 33 | 25 | 24 | ||
| Other undisclosed current assets | 8 | 4 | 3 | 15 | 10,720 | |||
| Total current assets: | 164 | 218 | 285 | 415 | 407 | 371 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 21 | 22 | 23 | 27 | 31 | 34 | ||
| Intangible assets, net (including goodwill) | 16 | 16 | 23 | 26 | 28 | 32 | ||
| Goodwill | 7 | 8 | 8 | 9 | ||||
| Intangible assets, net (excluding goodwill) | 16 | 16 | 16 | 18 | 20 | 23 | ||
| Deferred costs | 1 | |||||||
| Other noncurrent assets | 13 | 16 | 18 | |||||
| Other undisclosed noncurrent assets | 10 | 11 | 0 | 0 | 0 | |||
| Total noncurrent assets: | 37 | 49 | 57 | 66 | 76 | 85 | ||
| Other undisclosed assets | 16 | |||||||
| TOTAL ASSETS: | 218 | 267 | 342 | 481 | 483 | 456 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 47 | 58 | 58 | 58 | 63 | 28 | ||
| Accounts payable | 6 | 17 | 18 | 19 | 27 | 20 | ||
| Accrued liabilities | 8 | 8 | 8 | 7 | 5 | 5 | ||
| Employee-related liabilities | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Taxes payable | 31 | 33 | 32 | 31 | 30 | 3 | ||
| Interest and dividends payable | 1 | 1 | 1 | 1 | 0 | 0 | ||
| Debt | 8 | 4 | 4 | 7 | 5 | 8 | ||
| Derivative instruments and hedges, liabilities | 0 | 0 | 0 | |||||
| Due to related parties | 5 | 5 | 4 | 4 | 3 | 3 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 7 | |||
| Other undisclosed current liabilities | 13 | 12 | 14 | 8 | 12 | 4 | ||
| Total current liabilities: | 74 | 79 | 79 | 77 | 83 | 50 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 8 | 7 | 0 | |||||
| Long-term debt, excluding current maturities | 8 | 7 | 0 | |||||
| Liabilities, other than long-term debt | 7 | |||||||
| Customer advances or deposits | ✕ | ✕ | ✕ | ✕ | 7 | |||
| Other undisclosed noncurrent liabilities | 1 | |||||||
| Total noncurrent liabilities: | 8 | 7 | 8 | |||||
| Total liabilities: | 74 | 79 | 79 | 84 | 90 | 58 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 144 | 188 | 263 | 397 | 393 | 398 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 170 | 170 | 155 | 138 | 129 | 129 | ||
| Accumulated other comprehensive loss | (1) | (5) | (20) | (4) | (5) | |||
| Retained earnings (accumulated deficit) | (52) | (6) | 112 | 247 | 236 | 245 | ||
| Other undisclosed stockholders' equity attributable to parent | 27 | 28 | (5) | 31 | 31 | 29 | ||
| Total stockholders' equity: | 144 | 188 | 263 | 397 | 393 | 398 | ||
| TOTAL LIABILITIES AND EQUITY: | 218 | 267 | 342 | 481 | 483 | 456 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 219 | 231 | 249 | 294 | 287 | 285 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 285 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (182) | (192) | (204) | (230) | (213) | (201) | |
| Gross profit: | 37 | 40 | 45 | 65 | 74 | 84 | |
| Operating expenses | (127) | (153) | (179) | (46) | (44) | (52) | |
| Operating income (loss): | (89) | (114) | (134) | 19 | 30 | 32 | |
| Nonoperating income (expense) | 1 | 0 | (0) | (1) | (1) | (0) | |
| Investment income, nonoperating | 0 | 0 | 0 | 0 | 1 | 0 | |
| Other nonoperating income (expense) | 1 | 0 | (0) | (0) | (0) | (0) | |
| Interest and debt expense | (87) | (81) | (0) | (0) | (1) | (0) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (175) | (194) | (135) | 18 | 28 | 31 | |
| Other undisclosed income from continuing operations before income taxes | 87 | 81 | 0 | 0 | 1 | 0 | |
| Income (loss) from continuing operations before income taxes: | (88) | (113) | (134) | 18 | 29 | 32 | |
| Income tax expense | (9) | (5) | (2) | (6) | (36) | (7) | |
| Income (loss) from continuing operations: | (97) | (119) | (137) | 12 | (7) | 25 | |
| Loss from discontinued operations | (4) | (1) | |||||
| Other undisclosed loss before gain (loss) on sale of properties | (1) | ||||||
| Income (loss) before gain (loss) on sale of properties: | (102) | (120) | (137) | 12 | (7) | 25 | |
| Other undisclosed net income | 6 | ||||||
| Net income (loss): | (96) | (120) | (137) | 12 | (7) | 25 | |
| Other undisclosed net income attributable to parent | 0 | ||||||
| Net income (loss) attributable to parent: | (96) | (120) | (137) | 12 | (7) | 25 | |
| Other undisclosed net income available to common stockholders, basic | 5 | 1 | |||||
| Net income (loss) available to common stockholders, diluted: | (91) | (119) | (137) | 12 | (7) | 25 | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (96) | (120) | (137) | 12 | (7) | 25 | |
| Other comprehensive loss | (40) | ||||||
| Comprehensive income (loss): | (96) | (120) | (176) | 12 | (7) | 25 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 8 | 30 | 25 | (16) | 2 | 1 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (88) | (90) | (151) | (5) | (5) | 26 | |
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.