China hgs real estate inc. (HGSH)
Balance Sheet / 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'11Sep'10
ASSETS
Current assets:
Cash

658

660

263

538

1,133

1,020

3,267

2,723

4,323

2,694

1,970

3,294

2,290

10,249

6,401

2,085

1,645

1,182

1,333

3,784

1,018

1,430

1,125

2,672

2,843

3,233

5,878

2,888

712

523

1,104

1,797

1,053

365

8,837

2,641

12,621

Restricted cash

3,877

4,025

3,938

4,041

4,007

3,765

3,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

3,431

3,346

2,829

2,746

1,206

1,100

1,116

1,493

1,498

1,754

1,739

1,715

1,783

1,629

1,605

1,589

1,702

1,483

1,302

1,332

1,244

1,217

1,161

1,080

1,144

1,055

895

885

1,233

923

Contract assets

214

12,489

12,668

10,570

11,597

10,933

12,582

-

-

-

12,673

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,507

4,040

4,654

-

-

-

-

-

-

-

Advances to vendors

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

83

-

223

65

269

0

0

0

198

109

1,088

4,066

4,376

2,566

1,902

3,971

5,907

5,931

-

-

Cost and earnings in excess of billings

-

-

-

-

-

-

-

13,519

14,973

13,824

-

12,663

12,340

13,437

11,891

10,647

10,776

11,192

11,825

11,479

11,097

12,114

12,332

6,888

5,744

5,391

2,178

-

-

-

0

-

-

-

-

-

-

Land use right bid bond deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,471

-

Real estate property development completed

13,913

71,968

100,817

115,938

59,556

58,359

58,999

61,451

69,315

74,949

79,233

89,509

94,437

101,761

113,185

65,629

70,037

71,696

75,391

4,452

4,576

5,731

6,050

6,733

9,472

11,413

11,607

12,781

12,803

15,912

-

27,209

17,377

18,093

-

13,862

10,922

Loans to outside parties, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

977

5

5

20

1,514

1,725

2,003

2,571

1,889

6,748

Real estate property development completed

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,534

-

-

-

18,886

-

-

Real estate property under development

-

-

-

0

51,926

57,211

60,128

69,580

77,223

85,651

87,126

87,796

94,376

84,609

0

48,766

54,500

53,361

55,154

122,564

130,182

136,395

140,313

0

0

1,708

1,580

3,866

5,444

9,582

8,590

11,340

22,713

18,111

16,707

18,675

28,021

Other current assets

2,977

2,796

2,031

1,592

1,592

1,567

1,408

1,674

1,800

1,324

1,529

2,070

2,008

2,643

2,722

5,509

2,589

1,512

228

237

237

1,025

1,409

656

583

459

368

297

230

181

171

219

144

101

85

53

12

Total current assets

21,640

91,940

119,720

132,681

129,813

132,858

139,895

152,381

170,983

181,273

185,280

196,541

206,553

213,817

135,693

134,137

141,305

140,769

145,648

144,525

148,806

158,572

162,820

18,654

20,128

23,707

23,054

25,652

28,520

36,398

33,069

63,194

66,093

60,916

53,905

53,826

59,250

Property, plant and equipment, net

582

611

614

658

694

697

718

766

830

822

825

831

737

745

792

695

728

743

780

832

852

869

889

919

930

962

977

993

1,000

1,017

1,037

1,062

1,080

1,096

1,113

655

665

Real estate property development completed, net of current portion

98,003

31,196

1,115

1,218

1,246

1,216

1,217

1,394

1,470

1,417

1,386

1,630

1,605

1,591

1,657

1,896

1,953

2,000

2,140

2,312

2,413

2,467

2,572

3,163

2,183

7,330

7,619

-

-

-

-

-

-

-

-

-

-

Real estate property development completed, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,787

6,565

6,691

-

-

-

0

-

-

Security deposits

4,882

6,569

7,972

8,300

8,490

8,287

8,296

8,611

9,084

8,758

8,564

7,812

7,694

8,111

7,940

2,932

3,101

3,080

3,146

3,273

3,267

3,254

3,249

3,248

3,245

3,272

3,259

11,082

23,485

22,959

22,894

18,065

18,051

15,438

6,254

-

-

Real estate property under development

220,591

222,479

215,745

217,674

221,272

215,610

215,431

211,951

213,532

192,625

180,667

158,848

153,223

136,206

207,384

182,557

162,980

148,310

143,660

141,714

139,339

131,880

128,516

231,621

199,704

170,227

142,916

108,911

-

-

-

-

-

-

-

-

-

Deferred tax assets

232

57

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from local government for real estate property development completed

2,751

2,798

2,725

2,838

2,903

2,833

2,836

2,944

3,106

2,994

2,928

2,873

2,830

2,805

2,920

3,010

3,020

3,001

3,065

2,370

2,366

2,356

3,165

3,164

3,161

-

0

-

-

-

-

-

-

-

-

-

-

Real estate property under development, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,437

76,734

61,575

56,021

52,444

47,040

47,814

47,010

55,967

9,263

Total Assets

348,684

355,653

347,893

363,371

364,420

361,505

368,396

378,049

399,007

387,892

379,652

368,538

372,645

363,277

356,388

325,229

313,090

297,906

298,440

295,030

297,046

299,401

301,213

260,773

229,354

205,499

177,827

152,077

135,528

128,516

119,714

116,701

114,214

109,827

108,283

110,450

69,179

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Bank loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,550

6,161

6,292

-

-

13,016

-

9,745

11,360

4,908

4,888

-

-

-

0

-

-

-

-

-

-

Bank loan - current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,458

11,436

-

12,998

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Construction loans

88,311

89,820

77,332

80,517

69,321

72,028

55,610

60,982

45,560

40,190

28,545

25,064

11,872

11,767

6,125

6,149

0

472

5,674

13,090

11,373

20,193

15,290

15,286

-

-

0

-

-

-

-

-

-

-

-

-

-

Accounts payables

27,715

28,489

27,368

31,968

20,032

20,394

20,507

17,781

19,430

22,844

24,047

24,295

24,604

28,098

30,574

24,877

27,463

32,262

41,501

31,984

40,362

47,317

57,317

25,173

25,424

26,864

22,527

13,007

5,167

4,145

3,828

2,873

2,989

4,266

7,440

2,453

810

Other payables

5,449

5,428

5,289

5,477

5,596

5,026

4,894

4,748

4,866

4,226

3,897

3,912

5,057

4,987

5,200

9,810

13,211

15,992

12,676

14,770

14,404

13,929

13,777

10,263

5,644

3,639

1,863

1,872

1,877

1,395

1,213

1,010

771

636

324

175

1,061

Construction deposits

1,830

1,862

1,814

1,888

1,932

1,877

1,879

1,973

2,082

2,010

1,966

1,459

1,437

1,417

1,911

896

1,510

1,501

1,959

382

359

367

367

367

370

373

357

301

297

301

301

468

290

471

469

450

72

Contract liabilities

1,855

1,926

1,907

1,864

6,250

6,202

5,844

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of cost and earnings

-

-

-

-

-

-

-

-

-

-

4,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

18,632

18,229

16,139

19,071

18,016

18,359

20,234

-

-

-

24,613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of cost and earnings

-

-

-

-

-

-

-

5,499

5,181

4,779

-

3,305

2,078

2,007

2,110

1,680

2,293

3,367

3,315

7,785

5,972

4,135

2,960

8,656

8,745

6,081

5,109

-

-

-

0

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

22,358

25,654

25,671

-

26,038

16,662

16,747

16,790

19,508

22,113

20,086

17,387

20,876

28,188

28,478

31,100

5,883

6,005

7,051

6,130

5,220

9,404

13,875

11,597

16,451

16,409

12,922

11,564

12,889

12,424

Shareholder loans

2,132

2,137

2,129

2,142

339

2,141

2,142

2,154

1,993

2,191

2,304

1,810

3,175

2,673

2,709

1,810

2,296

2,649

1,810

3,903

11,362

7,537

5,465

7,462

9,356

6,145

1,810

1,810

1,810

1,810

1,810

1,810

1,810

1,810

1,810

6,760

-

Accrued expenses

2,945

3,080

3,585

2,994

3,004

2,923

3,006

2,997

3,116

3,131

3,158

2,097

2,873

2,982

3,205

3,440

4,351

4,737

4,855

4,958

4,591

4,132

3,801

3,066

2,731

2,803

2,896

2,642

2,508

2,402

2,305

2,023

1,978

1,890

2,003

988

914

Taxes payable

12,687

13,630

13,882

13,908

14,587

14,656

15,492

15,926

17,486

17,587

17,259

16,182

15,912

15,365

15,843

15,448

16,047

15,530

15,830

15,153

13,657

11,898

12,579

10,664

9,177

5,956

6,612

4,890

5,232

3,722

4,336

3,793

4,131

4,010

4,023

4,516

3,911

Total current liabilities

161,559

164,606

149,449

159,833

140,891

143,610

129,611

134,422

125,370

122,632

110,040

104,164

83,674

86,048

84,471

83,622

90,838

102,761

111,304

124,366

141,708

151,006

155,658

96,570

78,814

63,824

52,197

29,746

26,297

27,652

25,392

28,430

28,379

26,008

27,636

28,234

19,194

Deferred tax liabilities

-

-

-

-

-

-

2,068

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

2,441

2,443

2,235

-

1,471

574

322

170

5,113

4,949

4,905

5,107

4,882

4,798

4,678

4,711

4,389

3,746

3,220

2,992

2,323

1,742

958

650

-

-

-

0

-

-

-

-

-

-

Tax payable - long term

8,082

8,220

8,006

4,962

5,076

4,955

4,960

5,148

5,431

5,236

5,120

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits, net of current portion

1,039

1,057

1,043

1,452

1,646

1,912

1,914

-

-

-

2,314

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits, net of current portion

-

-

-

-

-

-

-

2,093

2,423

2,366

-

2,389

13,856

10,387

10,687

10,149

9,259

7,903

8,246

6,704

6,042

4,618

3,829

24,472

19,681

17,452

13,410

30,009

20,584

18,562

17,743

13,791

12,773

12,196

10,420

13,506

1,370

Construction loans, less current portion

17,387

17,684

29,464

30,678

46,646

45,531

66,885

64,333

88,601

89,151

98,797

99,911

117,192

111,158

99,843

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other loans, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70,212

49,334

26,060

15,731

1,636

1,633

6,508

6,499

12,994

12,983

19,632

11,407

-

-

-

0

-

-

-

-

-

-

Construction deposits, net of current portion

1,239

1,260

1,228

1,278

1,307

1,276

1,278

1,297

1,368

1,342

1,319

1,296

1,276

1,277

1,329

700

912

924

972

1,011

1,009

1,005

1,004

1,004

1,009

1,017

1,013

1,045

973

866

864

633

615

586

577

348

458

Total liabilities

189,308

192,829

189,193

200,647

198,011

199,521

206,718

208,766

223,770

221,053

217,763

212,875

220,950

213,777

201,439

169,568

155,143

142,328

140,965

138,109

154,141

166,359

169,984

137,365

114,231

102,886

78,678

60,802

47,855

47,081

44,000

42,856

41,768

38,791

38,634

42,089

21,024

Commitments and Contingencies

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity
Common stock, $0.001 par value, 100,000,000 shares authorized, 45,050,000 shares issued and outstanding March 31, 2020 and September 30, 2019

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

45

Additional paid-in capital

129,907

129,907

129,907

129,907

129,907

129,907

129,907

129,897

129,882

129,868

129,853

129,838

129,823

129,808

129,793

17,809

17,794

17,779

17,764

17,759

17,759

17,759

17,759

17,759

17,759

17,759

17,759

17,757

17,755

17,753

17,750

17,745

17,740

17,736

17,724

17,719

17,670

Statutory surplus

10,360

10,360

10,360

9,925

9,925

9,925

9,925

9,142

9,142

9,142

9,142

8,495

8,495

8,495

8,495

16,439

16,439

16,439

16,439

12,845

12,845

12,845

12,845

8,977

8,977

8,977

8,977

6,549

6,549

6,549

6,549

5,945

5,945

5,945

5,945

4,065

4,065

Retained earnings

33,189

33,813

34,070

31,781

31,628

31,287

30,803

32,967

29,587

27,548

26,343

23,821

22,246

21,423

20,661

124,839

122,395

121,095

119,668

116,440

102,730

93,460

91,834

87,924

79,763

66,315

63,257

58,432

56,170

50,403

44,894

43,631

42,297

41,352

40,322

41,563

23,482

Accumulated other comprehensive deficit

-14,126

-11,302

-15,683

-8,936

-5,099

-9,182

-9,003

-2,770

6,578

234

-3,494

-6,537

-8,915

-10,272

-4,046

-3,471

1,273

219

3,558

9,831

9,524

8,931

8,744

8,701

8,577

9,516

9,109

8,490

7,152

6,683

6,474

6,478

6,416

5,956

5,612

4,967

2,891

Total stockholders' equity

159,376

162,823

158,700

162,723

166,408

161,983

161,677

169,282

175,237

166,838

161,889

155,662

151,695

149,499

154,948

155,661

157,947

155,578

157,475

156,921

142,904

133,041

131,228

123,408

115,122

102,613

99,149

91,275

87,672

81,435

75,713

73,845

72,445

71,036

69,648

68,360

48,155

Total Liabilities and Stockholders' Equity

348,684

355,653

347,893

363,371

364,420

361,505

368,396

378,049

399,007

387,892

379,652

368,538

372,645

363,277

356,388

325,229

313,090

297,906

298,440

295,030

297,046

299,401

301,213

260,773

229,354

205,499

177,827

152,077

135,528

128,516

119,714

116,701

114,214

109,827

108,283

110,450

69,179