Joway Health Industries Group Inc (GTVI) financial statements (2022 and earlier)

Company profile

Business Address NO 19 BAOWANG ROAD
TIANJIN, PRC, 300180
State of Incorp. NV
Fiscal Year End December 31
SIC 239 - Miscellaneous Fabricated Textile Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  100119519919369
Cash and cash equivalents  100119519919369
Receivables 119295369  
Inventory, net of allowances, customer advances and progress billings  500532618591831
Inventory  500532618591831
Prepaid expense  971222
Advances on inventory purchases  561199619191
Other current assets1,134      
Other undisclosed current assets   1027698165
Total current assets:1,1341197839261,3791,8021,458
Noncurrent Assets
Property, plant and equipment  3,3773,7454,3994,3845,114
Disposal group, including discontinued operation, noncurrent assets 465     
Other noncurrent assets  448474521510569
Other undisclosed noncurrent assets (465)     
Total noncurrent assets:  3,8254,2184,9204,8945,683
TOTAL ASSETS:1,1341194,6085,1456,2996,6967,141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 11992982979127
Accounts payable 11992982979127
Due to related parties46941,481644129125131
Customer advances and deposits383134
Other liabilities103515641676655
Other undisclosed current liabilities  22116   
Total current liabilities:1078641,650899263301347
Noncurrent Liabilities
Total liabilities:1078641,650899263301347
Stockholders' equity
Stockholders' equity attributable to parent, including:(107)(745)2,9584,24565,0366,3956,794
Common stock20202020202020
Additional paid in capital7,2296,4697,3627,3627,3627,3627,362
Accumulated other comprehensive income  486535804400849
Accumulated deficit(7,356)(7,234)(5,264)(4,026)(2,504)(1,741)(1,791)
Other undisclosed stockholders' equity attributable to parent  35435459,354354354
Total stockholders' equity:(107)(745)2,9584,24565,0366,3956,794
Other undisclosed liabilities and equity    (59,000)  
TOTAL LIABILITIES AND EQUITY: 1194,6085,1456,2996,6967,141

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues  6091,6693,3014,2783,325
Revenue, net3,3014,2783,325
Cost of revenue
(Cost of Goods and Services Sold)
  (296)(733)(1,209)(1,546)(1,094)
Gross profit:  3139362,0922,7322,232
Operating expenses(122)(223)(1,479)(2,424)(2,759)(2,676)(2,686)
Operating income (loss):(122)(223)(1,166)(1,488)(667)55(455)
Nonoperating expense (0)(72)(34)(96)(5)(24)
Other nonoperating expense (0)(2)(35)(97)(6)(25)
Income (loss) from continuing operations before income taxes:(122)(223)(1,238)(1,522)(763)50(479)
Income tax expense (benefit)    0(1)(24)
Income (loss) from continuing operations:(122)(223)(1,238)(1,522)(762)49(502)
Loss from discontinued operations (761)     
Net income (loss):(122)(983)(1,238)(1,522)(762)49(502)
Other undisclosed net loss attributable to parent (1,341)     
Net income (loss) available to common stockholders, diluted:(122)(2,324)(1,238)(1,522)(762)49(502)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(122)(983)(1,238)(1,522)(762)49(502)
Comprehensive income (loss):(122)(983)(1,238)(1,522)(762)49(502)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (1,175)(49)(269)404(448)(385)
Comprehensive loss, net of tax, attributable to parent:(122)(2,159)(1,287)(1,791)(359)(399)(887)

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.

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