Bat Group, Inc. (GLG) financial statements (2021 and earlier)
Company profile
| Business Address |
ROOM 104 NO.33 SECTION D, NO.6 BEIJING, 215200 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1 | 3 | 1 | 0 | 5 | 9 | |||
| Cash and cash equivalents | 1 | 2 | 1 | 0 | 5 | 9 | |||
| Short-term investments | 0 | ||||||||
| Restricted cash and investments | 0 | 0 | 0 | 2 | 11 | ||||
| Receivables | 0 | 0 | 0 | 0 | 0 | ||||
| Prepaid expense | 0 | 0 | 0 | 0 | |||||
| Other current assets | 0 | ||||||||
| Other undisclosed current assets | (0) | ||||||||
| Total current assets: | 2 | 3 | 1 | 1 | 7 | 20 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Long-term investments and receivables | 0 | ||||||||
| Due from related parties | 0 | ||||||||
| Intangible assets, net (including goodwill) | 0 | 0 | ✕ | ||||||
| Intangible assets, net (excluding goodwill) | 0 | 0 | |||||||
| Deferred tax assets, net | ✕ | 1 | |||||||
| Other undisclosed noncurrent assets | 1 | ||||||||
| Total noncurrent assets: | 2 | 0 | 0 | 0 | 1 | 0 | |||
| Other undisclosed assets | 4 | 20 | 24 | 75 | 92 | ||||
| TOTAL ASSETS: | 3 | 7 | 21 | 24 | 83 | 113 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 0 | 0 | 0 | 0 | 0 | ||||
| Accounts payable | 0 | 0 | 0 | 0 | |||||
| Accrued liabilities | 0 | 0 | 0 | ||||||
| Employee-related liabilities | 0 | 0 | 0 | 0 | |||||
| Taxes payable | 0 | 0 | 0 | ||||||
| Debt | 11 | 16 | |||||||
| Provision for loss on contracts | 0 | ||||||||
| Other liabilities | 0 | 0 | 1 | ||||||
| Other undisclosed current liabilities | 0 | (0) | (0) | (12) | (17) | ||||
| Total current liabilities: | 0 | 0 | 0 | 0 | 0 | 1 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 1 | ||||||||
| Other liabilities | 1 | ||||||||
| Other undisclosed noncurrent liabilities | 11 | 19 | 23 | 20 | 27 | ||||
| Total noncurrent liabilities: | 12 | 19 | 23 | 20 | 27 | ||||
| Total liabilities: | 0 | 12 | 19 | 24 | 20 | 28 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 3 | (5) | 2 | 1 | 63 | 85 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 29 | 67 | 63 | 60 | 59 | 53 | |||
| Accumulated other comprehensive income (loss) | (1) | 5 | 5 | 5 | 6 | 6 | |||
| Retained earnings (accumulated deficit) | (25) | (82) | (70) | (68) | (7) | 20 | |||
| Other undisclosed stockholders' equity attributable to parent | 4 | 4 | 4 | 4 | 5 | ||||
| Total stockholders' equity: | 3 | (5) | 2 | 1 | 63 | 85 | |||
| TOTAL LIABILITIES AND EQUITY: | 3 | 7 | 21 | 24 | 83 | 113 | |||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (5) | 2 | (56) | (23) | 13 | |||
| Net investment income | 0 | 1 | 3 | 7 | ||||
| Financial services revenue | ✕ | ✕ | 0 | (15) | (4) | 2 | ||
| Cost of revenue (Financial Services Costs) | (3) | (41) | (25) | (1) | ||||
| Other undisclosed gross profit | 0 | |||||||
| Gross profit: | 0 | (9) | 2 | (97) | (48) | 11 | ||
| Operating expenses | (3) | (4) | (16) | (3) | (7) | (3) | ||
| Other operating income (expense), net | 0 | 0 | (0) | 0 | ||||
| Noninterest income, other operating income | 0 | 0 | 0 | 0 | ||||
| Other expenses | (0) | 0 | ||||||
| Operating income (loss): | (2) | (12) | (14) | (100) | (55) | 9 | ||
| Nonoperating income (expense) (Foreign Currency Transaction Gain (Loss), before Tax) | 0 | (0) | (0) | |||||
| Interest and debt expense | (0) | (0) | (0) | (1) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (0) | 2 | 12 | 41 | 28 | 1 | ||
| Income (loss) from continuing operations before income taxes: | (2) | (11) | (2) | (59) | (28) | 9 | ||
| Income tax expense (benefit) | 0 | 0 | (2) | 1 | (1) | |||
| Net income (loss): | (2) | (11) | (2) | (61) | (27) | 8 | ||
| Other undisclosed net income (loss) attributable to parent | 10 | (0) | ||||||
| Net income (loss) attributable to parent: | 8 | (11) | (2) | (61) | (27) | 8 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 0 | (1) | ||||||
| Net income (loss) available to common stockholders, diluted: | 8 | (11) | (2) | (61) | (27) | 7 | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2) | (11) | (2) | (61) | (27) | 8 | ||
| Comprehensive income (loss): | (2) | (11) | (2) | (61) | (27) | 8 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 10 | (0) | (0) | (1) | (1) | 2 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 7 | (11) | (2) | (62) | (28) | 10 | ||
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.