China Teletech Holding Inc (GZGT) financial statements (2021 and earlier)

Company profile

Business Address UNIT 303F, ZHONGXI MANSION
GUANGZHOU, GUANGDONG, CHINA
State of Incorp. FL
Fiscal Year End December 31
SIC 4899 - Communications Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
12/31/2016
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  25311,666
Cash and cash equivalents  25311,270
Short-term investments    396
Receivables  3,8321,075222
Inventory, net of allowances, customer advances and progress billings  4,391101
Inventory  4,391 101
Prepaid expense 200  
Prepaid expense and other current assets92
Other undisclosed current assets  2,930  
Total current assets: 20011,4061,0762,082
Noncurrent Assets
Property, plant and equipment  300  
Long-term investments and receivables  2,930  
Long-term investments  2,930  
Other noncurrent assets  10878
Prepaid expense and other noncurrent assets80
Other undisclosed noncurrent assets  (2,930)  
Total noncurrent assets:  4087880
TOTAL ASSETS: 20011,8141,1542,162
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:  305859
Accounts payable  3,629  
Taxes payable  5 249
Other undisclosed accounts payable and accrued liabilities  (3,604)58(190)
Debt  2,8671,300 
Due to related parties5154137,132235357
Customer advances and deposits  929
Other undisclosed current liabilities30543,634 249
Total current liabilities:54446714,5931,593664
Noncurrent Liabilities
Long-term debt and lease obligation    1,300
Long-term debt, excluding current maturities    1,300
Total noncurrent liabilities:    1,300
Total liabilities:54446714,5931,5931,964
Stockholders' equity
Stockholders' equity attributable to parent, including:(544)(267)(1,577)(439)59
Common stock2,0251,4751,472978628
Additional paid in capital5,8395,8798,1245,8364,820
Accumulated other comprehensive income (loss)99(635)(402)(343)
Accumulated deficit(8,061)(7,630)(10,539)(6,852)(5,046)
Other undisclosed stockholders' equity attributable to parent(356)    
Stockholders' equity attributable to noncontrolling interest  (1,201) 138
Total stockholders' equity:(544)(267)(2,779)(439)197
TOTAL LIABILITIES AND EQUITY: 20011,8141,1542,162

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

12/31/2017
12/31/2016
12/31/2014
12/31/2013
12/31/2012
Revenues  4,29630,88026,620
Cost of revenue  (4,179)(30,417)(25,889)
Gross profit:  117463731
Operating expenses(236)(53)(851)(1,677)(1,278)
Other undisclosed operating income  44  
Operating loss:(236)(53)(690)(1,215)(547)
Nonoperating income (expense)3 (218)(1,600)618
Investment income, nonoperating3 1(800)467
Other nonoperating income (expense)  (165)(800)152
Interest and debt expense  (54)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes  54852 
Income (loss) from continuing operations before income taxes:(233)(53)(907)(1,962)71
Income tax expense   (0)(18)
Income (loss) before gain (loss) on sale of properties:(233)(53)(907)(1,962)54
Other undisclosed net income 105358 1,487
Net income (loss):(233)53(550)(1,962)1,541
Net income (loss) attributable to noncontrolling interest23353358(157)(38)
Other undisclosed net income (loss) attributable to parent(233)(158)(716)314 
Net income (loss) available to common stockholders, diluted:(233)(53)(907)(1,806)1,502

Comprehensive Income ($ in thousands)

12/31/2017
12/31/2016
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(233)53(550)(1,962)1,541
Other undisclosed comprehensive loss  (189)  
Comprehensive income (loss):(233)53(739)(1,962)1,541
Comprehensive income, net of tax, attributable to noncontrolling interest 5334415738
Other undisclosed comprehensive loss, net of tax, attributable to parent (158) (215)(414)
Comprehensive income (loss), net of tax, attributable to parent:(233)(53)(395)(2,021)1,165

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: