| Sep'17 | Sep'16 | |||||
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets | ||||||
Cash and cash equivalents | ||||||
11,278 | 123 | |||||
Restricted cash | ||||||
529 | 3,236 | |||||
Accounts receivable, net of allowance for doubtful accounts of $1,817,050 and $1,648,178, respectively | ||||||
21,261 | 23,843 | |||||
Notes receivable | ||||||
214 | 89 | |||||
Other receivables | ||||||
1,514 | 1,625 | |||||
Inventories | ||||||
10,048 | 6,444 | |||||
Advance to suppliers | ||||||
9,630 | 3,251 | |||||
Deferred tax assets, current portion | ||||||
272 | 247 | |||||
Total current assets | ||||||
54,751 | 38,862 | |||||
Property, plant and equipment, net | ||||||
5,645 | 5,907 | |||||
Intangible assets, net | ||||||
463 | 468 | |||||
Other long-term assets | ||||||
313 | 312 | |||||
TOTAL ASSETS | ||||||
61,173 | 45,550 | |||||
LIABILITIES AND SHAREHOLDERS EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable | ||||||
717 | 1,141 | |||||
Accrued expenses and other current liabilities | ||||||
4,457 | 3,416 | |||||
Accrued payroll and welfare | ||||||
325 | 375 | |||||
Advance from customers | ||||||
1,983 | 1,618 | |||||
Related party payables | ||||||
7,911 | 1,662 | |||||
Short-term bank borrowings | ||||||
21,335 | 21,793 | |||||
Notes payable | ||||||
0 | 3,897 | |||||
Income tax payable | ||||||
3,074 | 2,066 | |||||
TOTAL LIABILITIES | ||||||
39,806 | 35,972 | |||||
Equity | ||||||
Common stock, no par value, 50,000,000 shares authorized, 13,068,346 and 9,000,000 shares issued and outstanding, respectively | ||||||
0 | 0 | |||||
Additional paid-in capital | ||||||
8,382 | 2,800 | |||||
Statutory surplus reserve | ||||||
1,173 | 579 | |||||
Retained earnings | ||||||
10,978 | 5,697 | |||||
Accumulated other comprehensive income | ||||||
681 | 411 | |||||
Total equity attributable to ZK International Group Co., Ltd. | ||||||
21,216 | 9,489 | |||||
Equity attributable to non-controlling interests | ||||||
150 | 88 | |||||
Total equity | ||||||
21,366 | 9,578 | |||||
TOTAL LIABILITIES AND EQUITY | ||||||
61,173 | 45,550 | |||||