Shengda Network Technology, Inc. financial data

Industry
Services-Computer Programming Services
Location
Floor6, Building 6, Lugang Webmall Town, Choujiang, Yiwu, Jinhua City, Zhejiang Province, China
State of incorporation
NV
Fiscal year end
June 30
Former names
Soltrest Inc. (to 8/28/2020)
Latest financial report
10-Q - Q3 2022 - Nov 21, 2022

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.78K %
Debt-to-equity 3.55 % -53.6%
Return On Equity 42.7 %
Return On Assets 41.2 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14M shares 0%
Common Stock, Shares, Outstanding 14M shares 0%
Common Stock, Value, Issued 14K USD 0%
Weighted Average Number of Shares Outstanding, Basic 14M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 5.2M USD +51.6%
Cost of Revenue 5.25M USD +20.1%
General and Administrative Expense 228K USD -94.2%
Operating Income (Loss) 389K USD
Nonoperating Income (Expense) 4.62M USD +92374%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 5.01M USD
Income Tax Expense (Benefit) 237K USD +746%
Net Income (Loss) Attributable to Parent 4.77M USD
Earnings Per Share, Basic 0.03 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 609K USD +1314%
Accounts Receivable, after Allowance for Credit Loss, Current 2.72M USD +88.5%
Inventory, Net 559K USD
Assets, Current 6.86M USD -25%
Property, Plant and Equipment, Net 45K USD -30.7%
Operating Lease, Right-of-Use Asset 2.11K USD +8.88%
Assets 12.5M USD +35.5%
Accounts Payable, Current 99.2K USD -82.5%
Liabilities, Current 385K USD -41.1%
Liabilities 385K USD -41.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -396K USD -147%
Retained Earnings (Accumulated Deficit) 1.94M USD
Stockholders' Equity Attributable to Parent 12.1M USD +41.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 12.1M USD +41.3%
Liabilities and Equity 12.5M USD +35.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 227K USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 14M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 203K USD
Deferred Tax Assets, Valuation Allowance 98.8K USD -90%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure
Operating Lease, Liability 9.48K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3.54M USD -2608%
Lessee, Operating Lease, Liability, to be Paid 4.73K USD -0.63%
Property, Plant and Equipment, Gross 77K USD -3.61%
Operating Lease, Liability, Current 4.61K USD -0.63%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.73K USD -0.63%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 126 USD
Deferred Tax Assets, Operating Loss Carryforwards 95.6K USD +108%
Preferred Stock, Shares Issued 50K shares 0%
Preferred Stock, Shares Authorized 20M shares 0%
Operating Lease, Payments 0 USD
Additional Paid in Capital 10.5M USD 0%
Preferred Stock, Shares Outstanding 50K shares 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%