Green Dragon Wood Products Inc (GDWP) financial statements (2022 and earlier)
Company profile
| Business Address |
UNIT 1914 19F MIRAMAR TOWER TSIM SHA TSUI, 852 |
| State of Incorp. | FL |
| Fiscal Year End | March 31 |
| SIC | 243 - Millwork, Veneer, Plywood, And Structural Wood (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 41 | 102 | 35 | 723 | ||
| Cash and cash equivalents | 41 | 102 | 35 | 342 | ||
| Short-term investments | 381 | |||||
| Restricted cash and investments | 266 | 404 | 396 | |||
| Receivables | 2,674 | 6,147 | 6,229 | 6,092 | ||
| Prepaid expense | 1,814 | 1,467 | ✕ | |||
| Income taxes receivable | ✕ | ✕ | 124 | |||
| Other undisclosed current assets | 1,171 | 1,759 | ||||
| Total current assets: | 4,796 | 8,120 | 7,831 | 8,699 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 8 | 25 | 34 | 49 | ||
| Prepaid expense | 107 | |||||
| Other undisclosed noncurrent assets | 232 | |||||
| Total noncurrent assets: | 8 | 25 | 34 | 389 | ||
| TOTAL ASSETS: | 4,804 | 8,144 | 7,865 | 9,087 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 747 | 710 | 565 | 609 | ||
| Accounts payable | 1,144 | 519 | 656 | 1,414 | ||
| Taxes payable | 94 | |||||
| Other undisclosed accounts payable and accrued liabilities | (398) | 192 | (91) | (900) | ||
| Debt | 2,650 | 4,659 | 4,454 | 424 | ||
| Due to related parties | 16 | |||||
| Other undisclosed current liabilities | 1,144 | 519 | 656 | 5,420 | ||
| Total current liabilities: | 4,541 | 5,888 | 5,691 | 6,453 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 6 | 19 | 32 | 198 | ||
| Long-term debt, excluding current maturities | 155 | |||||
| Capital lease obligations | 6 | 19 | 32 | 44 | ||
| Total noncurrent liabilities: | 6 | 19 | 32 | 198 | ||
| Total liabilities: | 4,547 | 5,907 | 5,722 | 6,651 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent, including: | 257 | 2,237 | 2,143 | 2,436 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | (100) | (100) | (100) | (100) | ||
| Additional paid in capital | 1,236 | 1,236 | 1,236 | 1,222 | ||
| Deferred compensation equity | (140) | (306) | (473) | |||
| Accumulated other comprehensive income (loss) | (17) | (16) | (7) | 51 | ||
| Retained earnings (accumulated deficit) | (889) | 1,231 | 1,294 | 1,713 | ||
| Other undisclosed stockholders' equity attributable to parent | 26 | 26 | 26 | 22 | ||
| Total stockholders' equity: | 257 | 2,237 | 2,143 | 2,436 | ||
| TOTAL LIABILITIES AND EQUITY: | 4,804 | 8,144 | 7,865 | 9,087 | ||
Income statement (P&L) ($ in thousands)
| 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|
| Revenues | 4,335 | 10,451 | 9,296 | 14,204 | |
| Revenue, net | 4,335 | 10,451 | 9,296 | 14,204 | |
| Cost of revenue (Cost of Goods and Services Sold) | (3,950) | (9,541) | (8,587) | (13,214) | |
| Gross profit: | 386 | 910 | 710 | 990 | |
| Operating expenses | (2,888) | (978) | (924) | (1,038) | |
| Operating loss: | (2,503) | (68) | (214) | (48) | |
| Nonoperating income | 575 | 240 | 41 | 218 | |
| Investment income, nonoperating | 0 | 2 | 18 | 0 | |
| Foreign currency transaction gain, before tax | 47 | 47 | 13 | 203 | |
| Other nonoperating income | 528 | 191 | 10 | 14 | |
| Interest and debt expense | (192) | (235) | (222) | (192) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 1,999 | (15) | |||
| Loss from continuing operations before equity method investments, income taxes: | (120) | (63) | (410) | (22) | |
| Other undisclosed loss from continuing operations before income taxes | (1,999) | ||||
| Loss from continuing operations before income taxes: | (2,120) | (63) | (410) | (22) | |
| Income tax expense | (9) | (0) | |||
| Net loss available to common stockholders, diluted: | (2,120) | (63) | (419) | (22) | |
Comprehensive Income ($ in thousands)
| 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|
| Net loss: | (2,120) | (63) | (419) | (22) | |
| Comprehensive loss: | (2,120) | (63) | (419) | (22) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (0) | (10) | (58) | 61 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (2,120) | (72) | (478) | 39 | |
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.