Grand Perfecta, Inc. (GPIW) Financial Statements (2024 and earlier)
Company Profile
Business Address |
123 WEST NYE LANE CARSON CITY, NV 89706 |
State of Incorp. | NV |
Fiscal Year End | July 31 |
Industry (SIC) | 7948 - Racing, Including Track Operation (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | |||
---|---|---|---|---|---|---|---|
ASSETS | |||||||
Current Assets | |||||||
Cash, cash equivalents, and short-term investments | 53 | 103 | 83 | 76 | |||
Cash and cash equivalents | 53 | 103 | 83 | 76 | |||
Receivables | 9 | 3,170 | 3,197 | 2,638 | |||
Disposal group, including discontinued operation | |||||||
Deferred tax assets | ✕ | 206 | 112 | 303 | |||
Other undisclosed current assets | 31 | 13 | 417 | ||||
Total current assets: | 61 | 3,510 | 3,405 | 3,434 | |||
Noncurrent Assets | |||||||
Property, plant and equipment | 273 | ||||||
Long-term investments and receivables | 605 | 645 | 2,019 | ||||
Due from related parties | 1,472 | ||||||
Accounts and financing receivable, after allowance for credit loss | 605 | 645 | 547 | ||||
Intangible assets, net (including goodwill) | 6,918 | 7,576 | 6,257 | ||||
Goodwill | 6,918 | 7,450 | 6,257 | ||||
Intangible assets, net (excluding goodwill) | 126 | ||||||
Other noncurrent assets | 184 | 675 | 496 | ||||
Deferred tax assets, net | ✕ | 583 | 620 | 222 | |||
Other undisclosed noncurrent assets | (273) | ||||||
Total noncurrent assets: | 8,290 | 9,517 | 8,995 | ||||
Other undisclosed assets | 174 | 243 | 273 | ||||
TOTAL ASSETS: | 61 | 11,974 | 13,164 | 12,702 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts payable and accrued liabilities, including: | 628 | 3,468 | 2,665 | 1,459 | |||
Taxes payable | 514 | 310 | 612 | ||||
Other undisclosed accounts payable and accrued liabilities | 628 | 2,954 | 2,355 | 847 | |||
Debt | 4,428 | 3,798 | 3,490 | ||||
Disposal group, including discontinued operation | |||||||
Deferred revenue and credits | ✕ | ✕ | 867 | 1,424 | 1,189 | ||
Due to related parties | 3,352 | 3,056 | 994 | ||||
Other undisclosed current liabilities | 8 | 514 | 1,388 | 2,232 | |||
Total current liabilities: | 636 | 12,628 | 12,331 | 9,364 | |||
Noncurrent Liabilities | |||||||
Long-term debt and lease obligation | 737 | 2,078 | 1,175 | ||||
Long-term debt, excluding current maturities | 737 | 2,078 | 1,175 | ||||
Total noncurrent liabilities: | 737 | 2,078 | 1,175 | ||||
Total liabilities: | 636 | 13,365 | 14,409 | 10,538 | |||
Equity | |||||||
Equity, attributable to parent | (575) | (1,596) | (1,465) | 1,945 | |||
Preferred stock | 0 | 0 | 0 | ||||
Common stock | 5 | 32 | 30 | 31 | |||
Additional paid in capital | 4,594 | 5,752 | 4,062 | 4,121 | |||
Accumulated other comprehensive income (loss) | (22) | 326 | 298 | 439 | |||
Accumulated deficit | (5,152) | (7,706) | (5,856) | (2,646) | |||
Equity, attributable to noncontrolling interest | 205 | 220 | 219 | ||||
Total equity: | (575) | (1,391) | (1,245) | 2,164 | |||
TOTAL LIABILITIES AND EQUITY: | 61 | 11,974 | 13,164 | 12,702 |
Income Statement (P&L) ($ in thousands)
7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
---|---|---|---|---|---|---|
Revenues | 281 | 12,999 | 14,267 | 17,736 | ||
Revenue, net | ✕ | ✕ | 12,999 | 14,267 | 17,736 | |
Cost of revenue | (287) | (3,598) | (5,235) | (4,473) | ||
Gross profit: | (5) | 9,401 | 9,033 | 13,263 | ||
Operating expenses | (1,112) | (14,047) | (15,963) | (15,762) | ||
Other undisclosed operating income | 287 | 3,598 | 5,235 | 4,473 | ||
Operating income (loss): | (831) | (1,048) | (1,696) | 1,974 | ||
Nonoperating income (expense) | 2,245 | (899) | (1,579) | (553) | ||
Investment income, nonoperating | 2,245 | 13 | ||||
Other nonoperating income (expense) | (899) | (1,579) | (606) | |||
Interest and debt expense | (927) | (664) | (790) | |||
Income (loss) from continuing operations before equity method investments, income taxes: | 1,415 | (2,874) | (3,939) | 630 | ||
Other undisclosed income from continuing operations before income taxes | 927 | 664 | 738 | |||
Income (loss) from continuing operations before income taxes: | 1,415 | (1,946) | (3,275) | 1,368 | ||
Income tax expense (benefit) | 97 | 65 | (449) | |||
Income (loss) from continuing operations: | 1,415 | (1,850) | (3,210) | 918 | ||
Income (loss) before gain (loss) on sale of properties: | 2,554 | (1,850) | (3,210) | 918 | ||
Income from discontinued operations | 1,139 | |||||
Net income (loss): | 2,554 | (1,850) | (3,210) | 918 | ||
Net income attributable to noncontrolling interest | 0 | 0 | ||||
Net income (loss) available to common stockholders, diluted: | 2,554 | (1,850) | (3,210) | 919 |
Comprehensive Income ($ in thousands)
7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
---|---|---|---|---|---|---|
Net income (loss): | 2,554 | (1,850) | (3,210) | 918 | ||
Other comprehensive income (loss) | 2,206 | (1,822) | (3,351) | 621 | ||
Comprehensive income (loss): | 4,759 | (3,672) | (6,561) | 1,539 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (205) | (16) | 44 | (46) | ||
Comprehensive income (loss), net of tax, attributable to parent: | 4,555 | (3,687) | (6,517) | 1,493 |
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.