China green agriculture, inc. (CGA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Sales
Net sales

85,826

49,565

50,821

75,990

108,120

52,254

57,954

78,774

82,550

63,599

62,128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold
Cost of goods sold

73,209

40,744

37,662

61,219

86,963

40,010

41,485

63,271

61,390

45,097

43,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sales

-

-

-

-

-

-

-

-

-

-

-

-

81,305

58,745

61,884

78,996

78,638

56,966

54,184

78,514

79,487

54,051

51,301

72,168

70,295

40,634

50,303

69,781

65,872

41,730

39,512

57,311

60,016

47,093

53,102

60,270

44,653

35,311

39,482

Cost of goods sold

-

-

-

-

-

-

-

-

-

-

-

-

59,952

39,564

38,453

57,524

53,904

34,330

29,996

50,332

51,296

31,141

26,628

48,451

44,135

21,783

27,833

45,270

44,126

25,537

22,579

35,809

37,541

30,704

34,193

39,161

27,613

22,978

26,343

Gross profit

12,617

8,820

13,159

14,771

21,156

12,244

16,469

15,503

21,159

18,502

18,943

18,751

21,352

19,180

23,431

21,471

24,734

22,635

24,188

28,181

28,190

22,909

24,673

23,716

26,160

18,851

22,469

24,511

21,745

16,193

16,933

21,501

22,475

16,389

18,908

21,108

17,039

12,332

13,139

Operating expenses
Selling expenses

2,273

3,856

3,630

4,895

6,880

8,069

3,420

3,436

3,553

7,668

5,154

17,110

6,130

3,965

5,012

37,525

3,441

5,285

2,343

4,239

2,054

1,981

735

1,331

932

752

5,796

-5,649

3,872

3,138

3,034

3,010

3,633

2,414

2,490

2,454

1,662

1,589

1,415

Selling expenses - amortization of deferred asset

-

-

-

-

-

-

-

-

-

-

0

-

1,556

3,475

6,108

-

8,780

8,664

9,712

10,314

10,604

10,651

10,331

-

10,188

8,054

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

58,807

32,761

16,341

13,535

6,826

-99

2,309

8,696

7,980

902

6,914

7,138

3,971

4,633

3,231

3,976

2,204

2,905

2,753

2,410

2,606

3,193

3,119

3,147

3,463

4,565

3,339

2,251

1,348

3,156

2,875

3,903

2,980

3,778

3,138

6,165

3,251

2,871

2,098

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,659

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Total operating expenses

61,081

36,618

19,972

18,431

13,707

7,969

5,729

12,132

11,533

8,571

12,068

13,108

11,658

12,074

14,352

14,344

14,427

16,855

14,810

16,964

15,265

15,826

14,186

17,128

16,243

13,373

9,135

6,572

5,221

6,294

5,910

6,913

6,613

6,193

5,629

8,619

4,914

4,460

3,514

Income from operations

-48,464

-27,798

-6,812

-3,659

7,449

4,274

10,739

3,370

9,625

9,930

6,874

5,642

9,693

7,105

9,078

7,127

10,307

5,779

9,378

11,217

12,925

7,083

10,487

6,588

9,917

5,478

13,333

17,938

16,524

9,898

11,023

14,587

15,862

10,195

13,279

12,488

12,124

7,872

9,625

Other income (expense)
Other income (expense)

-18

-73

-30

-116

-101

-187

-38

-70

-145

-276

-7

-257

330

-114

-41

0

-2

0

-4

1

10

4

41

-380

65

-70

-116

3

212

397

-0

52

-56

89

-25

79

-45

2

-11

Discontinued VIE operation - Zhenbai

-

-

-

-

-

-

-

-

-

-330

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

53

53

53

43

55

95

127

146

138

130

87

86

79

76

76

68

263

74

78

72

161

38

29

25

37

21

55

75

73

86

74

87

89

90

97

70

59

87

64

Interest expense

76

87

77

137

145

149

162

139

178

94

179

-

232

93

138

52

211

302

429

533

363

359

455

371

472

304

233

330

268

366

385

479

554

399

156

18

154

117

176

Total other income (expense)

-40

-107

-53

-210

-191

-241

-73

-64

-185

-572

-98

-251

177

-130

-102

17

49

-227

-354

-458

-191

-316

-384

-726

-368

-352

-293

-251

17

118

-311

-339

-521

-220

-84

131

-140

-27

-123

Income before income taxes

-48,505

-27,905

-6,866

-3,869

7,257

4,033

10,666

3,306

9,440

9,358

6,775

5,391

9,871

6,974

8,975

7,144

10,356

5,552

9,023

10,758

12,733

6,767

10,102

5,861

9,548

5,125

13,039

17,687

16,542

10,017

10,711

14,247

15,340

9,975

13,195

12,620

11,984

7,844

9,501

Provision for income taxes

1,717

-824

449

1,175

2,139

1,527

1,654

30,785

1,813

1,530

1,722

1,739

1,679

1,468

1,624

2,205

2,104

1,284

1,777

2,544

2,817

1,551

2,003

1,610

2,339

1,449

2,661

3,426

3,131

1,775

1,849

3,140

2,966

2,231

2,463

3,196

2,511

1,615

1,713

Net (loss) income from continuing operations

-

-

-

-

-

-

-

-27,479

7,627

7,827

5,052

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income from discontinued operations, net of tax

-

-

-

-

-

-

-

0

0

1

-42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-50,222

-27,080

-7,315

-5,045

5,117

2,505

9,011

-27,479

7,627

7,826

5,094

4,102

8,191

5,506

7,351

4,939

8,251

4,267

7,245

8,214

9,916

5,215

8,099

4,251

7,209

3,675

10,378

14,260

13,410

8,241

8,861

11,107

12,374

7,743

10,731

9,424

9,472

6,229

7,787

Other comprehensive income (loss)
Foreign currency translation gain (loss)

-6,753

10,330

-17,367

-10,327

10,564

-472

-15,987

-23,181

16,213

8,256

240

5,782

-2,801

-1,205

-1,205

-11,398

2,722

-7,616

-15,112

706

1,534

619

6

223

-2,838

2,947

694

4,336

1,541

619

-464

157

1,375

1,439

1,904

2,650

1,144

2,458

1,294

Comprehensive income (loss)

-56,975

-16,749

-24,683

-15,372

15,681

2,033

-6,975

-50,660

23,840

16,082

5,335

9,884

5,390

4,300

6,145

-6,459

10,973

-3,348

-7,866

8,921

11,451

5,835

8,105

4,475

4,370

6,622

11,073

18,597

14,952

8,860

8,397

11,265

13,750

9,182

12,635

12,074

10,617

8,687

9,081

Basic weighted average shares outstanding

6,143

5,474

4,504

3,721

3,295

3,295

3,241

-102,410

38,551

38,551

38,185

38,533

38,532

37,658

37,648

36,980

36,962

36,933

35,939

35,492

34,783

33,281

32,377

31,995

31,825

31,817

29,973

28,049

27,939

27,651

27,462

27,014

26,960

26,941

26,857

25,920

25,936

25,937

25,922

Basic net earnings per share - from continuing operations

-

-

-

-

-

-

-

-

-

0.20

0.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net earnings per share from discontinued operations

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic net earnings per share

-8.18

-4.95

-1.62

-1.67

1.55

0.76

2.78

-

0.20

-

-

0.10

0.21

0.15

0.20

0.13

0.22

0.12

0.20

0.23

0.29

0.16

0.25

0.11

0.23

0.12

0.35

0.51

0.48

0.30

0.32

0.41

0.46

0.29

0.40

0.36

0.37

0.24

0.30

Diluted weighted average shares outstanding

6,143

5,474

4,504

3,721

3,295

3,295

3,241

-102,410

38,551

38,551

38,185

38,533

38,532

37,658

37,648

36,980

36,962

36,933

35,939

35,492

34,783

33,281

32,377

31,995

31,825

31,817

29,973

28,049

27,939

27,651

27,462

27,014

26,960

26,941

26,857

24,560

26,729

26,393

26,035

Diluted net earnings per share- from continuing operations

-

-

-

-

-

-

-

-

-

0.20

0.13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net earnings per share from discontinued operations

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted net earnings per share

-8.18

-4.95

-1.62

-1.67

1.55

0.76

2.78

-

0.20

-

-

0.10

0.21

0.15

0.20

0.13

0.22

0.12

0.20

0.23

0.29

0.16

0.25

0.11

0.23

0.12

0.35

0.51

0.48

0.30

0.32

0.41

0.46

0.29

0.40

0.38

0.35

0.24

0.30

Jinong [Member]
Net sales

11,266

14,521

19,054

14,933

22,077

16,987

22,496

-

27,490

26,211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

8,193

10,127

10,492

7,673

11,091

8,994

11,203

-

13,526

13,265

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

-4,567

-6,345

578

400

-2,210

2,171

6,928

-

5,704

5,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

0

19

6

69

70

68

69

-

74

71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-5,388

-5,381

524

215

-1,980

1,789

5,900

-

4,778

4,719

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gufeng [Member]
Net sales

57,094

22,266

16,323

29,288

67,167

22,355

17,473

-

38,932

24,447

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

50,097

19,755

14,454

25,824

59,475

19,764

15,304

-

34,114

21,160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

-44,325

-21,628

-11,500

2,862

7,111

2,493

1,609

-

3,210

2,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

76

68

70

67

75

81

93

-

105

101

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-44,538

-21,682

-11,511

2,079

5,260

1,731

1,120

-

2,310

1,727

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Yuxing [Member]
Net sales

2,014

2,461

2,539

2,272

2,817

2,623

2,387

-

3,041

1,953

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

1,847

2,110

2,051

1,972

2,445

2,166

2,047

-

2,517

1,536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

5

141

154

42

125

-3,796

193

-

-951

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

0

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

4

140

154

42

125

-3,796

193

-

-951

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Variable Interest Entity, Primary Beneficiary [Member]
Net sales

15,450

10,315

12,903

-

16,057

10,287

15,597

-

13,086

10,986

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of goods sold

13,071

8,750

10,663

-

13,951

9,083

12,929

-

11,231

9,135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-