Kingold jewelry, inc. (KGJI)
Balance Sheet / Yearly
Sep'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'11Dec'10
ASSETS
Cash

651

114,723

926

233

13,245

240

999

4,997

1,001

9,181

9,425

21,333

129,649

37,496

13,266

3,100

29,614

1,498

70,459

1,331

6,554

6,809

7,505

2,284

23,317

5,692

20,272

2,544

1,625

3,748

2,954

8,810

3,234

5,544

9,151

Restricted cash

-

-

-

-

6,567

6,965

6,691

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

14,632

14,337

15,705

4,798

-

-

-

5,534

3,170

17,940

64,456

52,786

295,575

233,224

42,599

26,649

-

-

-

14,793

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28,126

24,901

14,865

-

16,709

32,860

25,357

12,668

4,335

2,559

2,517

0

-

-

-

-

-

-

-

Accounts receivable

654

264

0

451

198

0

0

768

38

106

320

670

803

403

887

1,624

188

132

0

503

13

73

58

532

280

0

89

692

379

453

363

896

183

999

1,165

Inventories

268,214

262,763

163,848

127,034

147,264

150,437

306,512

135,042

239,063

309,599

88,822

119,435

164,560

144,999

136,963

298,303

272,605

241,143

212,657

212,396

215,652

209,587

217,931

174,433

169,380

163,232

144,387

150,041

142,255

129,422

122,865

108,088

103,944

89,469

55,426

Investments in gold

2,323,335

2,215,449

2,174,076

1,593,557

922,084

1,185,042

1,177,796

1,562,943

1,214,191

963,585

1,059,682

281,895

248,359

218,002

63,621

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

490

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

52,354

-

-

-

0

-

-

-

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

666

Value added tax recoverable

242,624

258,933

277,741

259,582

254,820

274,033

328,973

353,732

342,538

347,085

339,336

272,835

130,914

86,193

44,907

15,526

12,495

8,972

4,360

4,501

5,812

6,954

7,786

6,220

8,221

10,526

6,746

7,031

7,788

8,098

5,093

4,750

5,528

5,585

3,853

Short-term investments

195,062

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

374

82

381

87

808

250

719

100

538

119

657

698

5,048

5,085

3,119

1,046

265

318

106

57

1,215

1,819

2,003

8,252

431

8,562

1,016

133

69

157

340

72

21

47

72

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,586

747

-

1,573

0

0

275

477

1,315

707

0

-

-

-

-

-

-

-

Total current assets

3,045,549

2,866,554

2,632,680

1,985,744

1,344,989

1,616,970

1,821,694

2,063,119

1,800,541

1,647,618

1,566,057

752,985

974,911

725,405

305,366

346,249

343,296

279,553

303,688

233,584

247,531

258,104

260,642

257,023

206,442

191,887

175,737

160,443

152,117

141,880

131,617

122,618

112,913

101,646

70,336

Property and equipment, net

4,420

4,924

5,104

5,395

5,903

6,517

7,148

7,299

7,701

7,592

7,415

7,224

7,684

7,158

7,396

7,622

8,171

8,804

9,120

9,390

9,772

10,085

10,331

10,686

11,022

11,288

11,432

11,683

12,132

12,331

12,632

12,942

12,871

13,034

13,332

Restricted cash

1,681

1,747

1,660

7,766

8,927

7,600

8,928

7,392

7,753

8,351

8,503

7,558

3,296

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash - non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

1,040

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in gold

267,177

246,949

232,428

700,225

1,071,005

908,899

1,085,565

957,124

1,081,378

1,175,797

1,254,859

1,493,938

1,181,039

711,321

459,160

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit on land use right - Jewelry Park

-

-

-

-

-

-

-

-

-

-

-

-

9,047

9,084

9,357

9,296

-

-

-

9,819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit on land use right-Jewelry Park

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,498

9,879

9,860

-

47,177

42,791

40,563

32,721

-

-

-

0

-

-

-

-

-

-

-

Construction in progress - Jewelry Park

-

-

-

-

-

-

-

-

-

-

-

-

152,867

153,484

132,262

105,844

81,721

82,965

64,135

58,310

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

286

296

312

302

295

289

285

283

144

145

149

148

151

158

157

157

153

156

156

157

157

156

153

153

153

151

153

153

151

149

146

Deferred income tax assets

-

-

-

-

22,054

18,545

12,953

6,677

6,305

8,258

1,027

0

17,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Land use right

373

390

402

395

399

416

442

429

423

418

414

413

433

438

454

454

467

488

490

492

494

497

499

507

-

-

-

503

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

510

507

503

-

508

505

513

515

512

508

503

Other noncurrent assets

459

492

519

285

-

-

-

-

-

-

-

-

-

-

-

-

91,838

93,491

74,644

-

47,825

43,445

41,219

33,386

667

663

656

656

661

657

666

668

663

658

650

Total long-term assets

274,112

254,505

240,115

714,069

1,108,576

942,276

1,115,352

979,226

1,103,858

1,200,707

1,272,506

1,509,418

1,372,175

882,671

608,781

123,366

-

-

-

78,169

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

3,319,662

3,121,060

2,872,795

2,699,813

2,453,565

2,559,247

2,937,046

3,042,345

2,904,399

2,848,325

2,838,563

2,262,403

2,347,086

1,608,076

914,148

469,616

443,306

381,850

387,453

311,754

305,128

311,635

312,193

301,096

218,133

203,839

187,827

172,783

164,911

154,870

144,916

136,230

126,448

115,339

84,318

Prepaid income tax

-

-

-

-

-

-

-

-

0

0

3,356

3,330

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Short term loans

1,423,679

1,532,528

1,600,320

1,034,947

621,518

908,635

906,862

962,101

657,820

465,616

528,644

234,691

195,195

165,878

49,927

55,455

-

-

-

16,270

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party loan

69,832

72,593

-

72,699

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gold lease payable - related party

-

-

-

-

-

-

-

-

-

-

-

-

438,349

219,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party loan

-

-

74,494

-

72,798

75,530

79,608

307,389

300,530

295,098

290,225

0

149,920

150,525

138,287

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related party

4,410

4,383

4,164

3,976

3,592

3,420

3,102

2,630

2,114

3,299

1,680

7,223

1,041

449

450

200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

410

928

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

690

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,727

359

299

209

-

-

-

0

-

-

-

Income tax payable

18,050

18,955

15,443

18,504

1,855

4,015

3,297

1,208

4,426

1,880

-

0

24,962

6,740

4,878

1,119

87

1,568

2,739

978

3,381

5,726

6,441

3,269

3,422

2,995

1,821

2,587

3,040

3,565

2,696

1,451

3,328

2,989

2,185

Other taxes payable

2,184

2,150

2,008

2,577

2,818

2,496

2,264

2,615

2,078

1,681

1,338

1,518

977

608

262

710

465

298

126

777

696

696

0

848

621

417

169

659

477

315

162

562

63

79

545

Convertible notes payable, net of discount

599

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liabilities

267

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Third parties loans

-

-

-

-

-

-

-

-

0

0

29,022

28,798

37,480

37,631

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gold leases payable - Bank

-

-

-

-

-

-

-

-

0

0

7,223

7,167

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53,511

9,821

16,338

-

16,247

20,709

39,021

49,572

6,510

6,471

6,375

6,340

6,363

6,294

6,353

6,343

-

-

6,058

Long term loans - current maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,453

32,715

32,652

28,844

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Debts payable, net

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

61,471

62,797

65,151

65,353

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Construction payable - Jewelry Park

-

-

-

-

-

-

-

-

-

-

-

-

53,971

54,189

36,437

23,876

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit payables - Jewelry Park

-

-

-

-

-

-

-

-

-

-

-

-

170,908

90,736

22,327

22,182

22,663

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other payables

17,682

14,855

16,457

15,749

18,845

19,906

19,844

18,913

18,721

19,063

11,672

13,716

9,935

5,849

3,995

6,355

5,273

4,072

3,421

2,970

2,667

2,617

3,309

3,499

1,021

1,412

855

1,445

966

1,078

678

870

990

757

1,715

Cash dividend payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,276

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

1,536,706

1,645,465

1,712,889

1,148,455

721,428

1,014,005

1,014,981

1,294,859

985,691

786,639

869,806

293,116

1,082,743

732,105

256,567

171,372

176,251

113,628

121,320

49,842

22,992

35,026

48,772

57,191

13,303

11,657

9,521

11,243

10,847

11,253

9,890

9,227

4,793

4,755

10,504

Deferred tax liabilities

127,501

-

-

24,218

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party loans

168,107

419,694

348,912

515,477

451,657

414,034

632,751

567,843

646,140

751,025

568,841

460,776

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term loans

154

174,753

166,063

0

926,174

758,141

890,643

789,410

885,468

984,196

1,039,239

1,224,770

896,971

511,334

355,074

30,808

0

0

0

3,672

-

-

-

29,004

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

71,400

12,809

-

-

-

-

0

0

0

0

1,249

0

1,986

2,045

1,774

1,307

851

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liability

534,228

160

163

373,327

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,471

32,461

32,426

-

-

-

-

0

-

-

-

-

-

-

-

TOTAL LIABILITIES

2,366,697

2,311,474

2,240,839

2,061,478

2,099,259

2,186,181

2,538,376

2,652,112

2,517,300

2,521,861

2,477,887

1,979,912

1,979,715

1,245,426

613,687

203,955

177,558

114,479

121,320

53,514

55,463

67,488

81,198

86,195

-

-

-

11,243

-

-

-

-

-

-

-

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

SHAREHOLDERS' EQUITY
Preferred stock, $0.001 par value, 500,000 shares authorized, none issued or outstanding as of September 30, 2019 and December 31, 2018

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

0

0

0

0

0

0

Common stock, $0.001 par value, 100,000,000 shares authorized, 11,018,955 shares issued and outstanding as of September 30, 2019 and December 31, 2018

11

66

66

11

66

66

66

66

66

66

66

66

66

66

65

65

65

65

65

65

65

65

65

64

64

64

61

54

53

53

53

53

50

49

42

Additional paid-in capital

224,420

224,298

224,298

224,348

80,393

80,388

80,382

80,377

80,372

80,253

80,242

80,230

80,219

80,208

80,066

79,990

79,877

79,775

79,672

79,460

79,239

79,028

78,817

76,847

75,802

75,427

70,419

57,656

56,774

56,395

56,084

55,728

52,345

52,283

31,901

Retained earnings
Unappropriated

348,178

372,183

359,593

353,213

343,712

330,465

316,901

303,666

293,188

264,201

256,168

277,473

235,522

219,656

199,762

184,564

178,922

170,156

169,583

163,002

154,911

149,677

137,059

120,946

112,960

101,965

95,640

92,606

85,197

76,831

67,250

59,936

56,655

47,383

33,744

Appropriated

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

967

1,071

1,030

967

Accumulated other comprehensive income, net of tax

379,386

212,070

47,030

59,794

-70,834

-38,821

351

5,154

12,505

-19,024

23,231

-76,248

50,523

61,678

19,526

-1

5,846

16,331

15,843

14,743

14,480

14,408

14,085

16,074

15,035

13,756

11,217

10,254

11,070

9,369

10,670

10,317

8,693

7,409

5,409

Total stockholders' equity

-

-

-

-

-

-

-

-

387,099

326,464

360,675

-

367,298

362,577

300,388

265,587

265,680

267,297

266,133

258,239

249,664

244,147

230,994

214,900

204,829

192,181

178,306

161,539

154,063

143,617

135,025

127,002

118,817

108,156

72,066

Non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

73

73

71

73

67

73

-

0

-

-

-

-

-

-

-

-

-

-

-

-

2,837

2,426

1,748

Total Shareholders' Equity

952,964

809,585

631,956

638,334

354,305

373,065

398,669

390,232

-

-

-

282,490

367,371

362,650

300,460

265,660

265,747

267,370

-

258,239

-

-

-

-

-

-

-

-

-

-

-

-

121,655

110,583

73,814

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

3,319,662

3,121,060

2,872,795

2,699,813

2,453,565

2,559,247

2,937,046

3,042,345

2,904,399

2,848,325

2,838,563

2,262,403

2,347,086

1,608,076

914,148

469,616

443,306

381,850

387,453

311,754

305,128

311,635

312,193

301,096

218,133

203,839

187,827

172,783

164,911

154,870

144,916

136,230

126,448

115,339

84,318