Hongchang International Co., Ltd
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $0 | $97.2K | $178.2K | $609.3K | $1.9M | $1.7M | $1.3M | $3.4M |
| Accounts Receivable | — | $71.9K | $77.2K | $1.1M | $88.0K | $51.6K | $90.0K | $918.9K |
| Inventory | — | $21.4K | $18.9K | $20.3K | $23.0K | $378.0K | $398.6K | $11.3K |
| Total Current Assets | $0 | $97.2K | $404.2K | $1.8M | $2.4M | $2.9M | $3.7M | $4.9M |
| Property, Plant & Equipment | — | — | $7.4K | $14.0K | $9.4K | $1.8M | $1.8M | $1.9M |
| Goodwill | — | — | — | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $0 | $97.2K | $426.5K | $4.1M | $4.5M | $10.0M | $10.7M | $11.3M |
| Liabilities | ||||||||
| Accounts Payable | — | $76.7K | $37.8K | $50.5K | $47.8K | $80.6K | $151.1K | $142.4K |
| Total Current Liabilities | $54.1K | $191.5K | $268.0K | $393.8K | $281.3K | $933.7K | $972.5K | $627.5K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $54.1K | $191.5K | $268.0K | $393.8K | $281.3K | $2.1M | $2.0M | $1.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-18.2M | — | — | $-14.4M | $-13.9M | $-10.2M | $-9.4M | $-8.4M |
| Total Stockholders' Equity | $-54.1K | $-94.4K | $-1.2M | $3.7M | $4.2M | $7.9M | $8.7M | $9.7M |