CHINA NETWORK MEDIA, INC. (CNNM) financial statements (2020 and earlier)

Company profile

Business Address ROOM 205, BUILDING A
DALIAN,, 116023
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 482910135685
Cash and cash equivalents 482910135685
Prepaid expense 85116176
Prepaid expense and other current assets287
Income taxes receivable 159
Other current assets 141837
Other undisclosed current assets   7101
Total current assets: 5811,0433561,233
Noncurrent Assets
Property, plant and equipment 6204979
Total noncurrent assets: 6204979
TOTAL ASSETS: 5871,0644051,312
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 15715518 
Employee-related liabilities 2221  
Taxes payable 13613418 
Due to related parties 80858380
Deferred revenue and credits 26964554748
Customer advances and deposits  33
Other undisclosed current liabilities 2111271,220
Total current liabilities: 2661,2477822,048
Noncurrent Liabilities
Liabilities, other than long-term debt   11271
Deferred revenue and credits   11271
Total noncurrent liabilities:   11271
Total liabilities: 2661,2477932,320
Stockholders' equity
Stockholders' equity attributable to parent 321(183)(388)(1,008)
Common stock 66656056
Additional paid in capital 1,3471,3231,1661,143
Accumulated other comprehensive loss (68)(57)(59)(35)
Accumulated deficit (1,024)(1,515)(1,556)(2,173)
Total stockholders' equity: 321(183)(388)(1,008)
TOTAL LIABILITIES AND EQUITY: 5871,0644051,312

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

9/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 1,2511,284877384
Cost of revenue
(Cost of Goods and Services Sold)
 (193)(453)(512)(338)
Gross profit: 1,05883136545
Operating expenses (450)(795)(723)(1,162)
Operating income (loss): 60836(358)(1,116)
Nonoperating income 571551,28262
Income (loss) from continuing operations before income taxes: 664192924(1,055)
Income tax expense (173)(151)(307) 
Net income (loss) available to common stockholders, diluted: 49141617(1,055)

Comprehensive Income ($ in thousands)

9/30/2016
TTM
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): 49141617(1,055)
Comprehensive income (loss): 49141617(1,055)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (11)2(24)(8)
Comprehensive income (loss), net of tax, attributable to parent: 48043593(1,063)

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.

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: