Sino United Worldwide Consolidated Ltd. (SUIC) financial statements (2021 and earlier)

Company profile

Business Address 136-20 38TH AVE.
FLUSHING, NY 11354
State of Incorp. NV
Fiscal Year End December 31
SIC 286 - Industrial Organic Chemicals (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments25132650254292199
Cash and cash equivalents25132650254292199
Receivables15015520151,3311,2331,148
Advances on inventory purchases     1 
Intangible current assets    178  
Other current assets    112
Other undisclosed current assets30      
Total current assets:20516846651,7651,5271,348
Noncurrent Assets
Property, plant and equipment0   9 1,068
Intangible assets, net (including goodwill)    146  
Intangible assets, net (excluding goodwill)    146  
Other undisclosed noncurrent assets109      
Total noncurrent assets:109   155 1,068
TOTAL ASSETS:31416846651,9201,5272,416
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 9155325 
Taxes payable    325 
Other undisclosed accounts payable and accrued liabilities 9155   
Debt2871908595   
Due to related parties    268851,032
Customer advances and deposits 102
Other undisclosed current liabilities96542544   
Total current liabilities:3832531251442731101,033
Noncurrent Liabilities
Total liabilities:3832531251442731101,033
Stockholders' equity
Stockholders' equity attributable to parent, including:(68)(85)(79)(79)(383)568674
Common stock34343434   
Additional paid in capital1,6481,6481,6481,648   
Accumulated deficit(1,749)(1,766)(1,760)(1,760)   
Other undisclosed stockholders' equity attributable to parent    (383)568674
Other undisclosed stockholders' equity(0)      
Total stockholders' equity:(68)(85)(79)(79)(383)568674
TOTAL LIABILITIES AND EQUITY:3141684665(111)6791,707

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues11510512030   
Cost of revenue
(Cost of Goods and Services Sold)
    (178)  
Gross profit:11510512030(178)  
Operating expenses(91)(97)(114)(185)(32)(944)16
Operating income (loss):2486(155)(211)(944)16
Interest and debt expense(18)(13)(6)(96)  121
Income (loss) from continuing operations before income taxes:6(6)(0)(252)(211)(944)137
Income tax expense    (3)(41)(0)
Income (loss) from continuing operations:6(6)(0)(252)(214)(986)136
Loss from discontinued operations   (548)   
Net income (loss):6(6)(0)(800)(214)(986)136
Other undisclosed net income (loss) attributable to parent10   (100)853(209)
Net income (loss) available to common stockholders, diluted:16(6)(0)(800)(314)(132)(73)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):6(6)(0)(800)(214)(986)136
Comprehensive income (loss):6(6)(0)(800)(214)(986)136
Other undisclosed comprehensive income, net of tax, attributable to parent   38   
Comprehensive income (loss), net of tax, attributable to parent:6(6)(0)(762)(214)(986)136

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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