$AIXN
AiXin Life International, Inc.

2015 Q4 Form 10-Q Financial Statement

#000114420416075628 Filed on January 14, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q2 2014 Q4
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $20.00K $20.00K $10.00K
YoY Change 100.0% 100.0% 0.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $20.00K $20.00K $10.00K
YoY Change 100.0% 100.0% 0.0%
Operating Profit
YoY Change
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$20.00K -$20.00K -$10.00K
YoY Change 100.0% 100.0% 0.0%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$20.00K -$20.00K -$8.098K
YoY Change 146.97% 100.0% 33.13%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$440.40 -$440.40 -$220.20
COMMON SHARES
Basic Shares Outstanding 45.41M shares 45.41M shares 45.41M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2015 Q2 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $0.00
YoY Change
Cash & Equivalents $1.099K $4.512K
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $0.00
YoY Change
Inventory
Prepaid Expenses $199.00 $0.00
Receivables
Other Receivables
Total Short-Term Assets $0.00 $1.099K $10.00K
YoY Change -100.0% -61.45%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 -$1.099K -$4.140K
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $0.00 $1.099K $10.00K
Total Long-Term Assets $0.00 -$1.099K -$4.140K
Total Assets $0.00 $0.00 $5.860K
YoY Change -100.0% -100.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $0.00 $10.00K
YoY Change -100.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $110.0K $75.92K $60.00K
YoY Change 83.33% 49.96% 50.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $110.0K $75.92K $60.00K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $110.0K $80.00K $62.44K
YoY Change 76.17% 58.03% 56.1%
SHAREHOLDERS EQUITY
Retained Earnings -$265.1K -$234.0K
YoY Change 13.07%
Common Stock $454.00 $454.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$110.0K -$74.82K -$56.58K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $1.099K $5.860K
YoY Change -100.0% -61.45%

Cashflow Statement

Concept 2015 Q4 2015 Q2 2014 Q4
OPERATING ACTIVITIES
Net Income -$20.00K -$20.00K -$8.098K
YoY Change 146.97% 100.0% 33.13%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$10.00K -$20.00K $0.00
YoY Change 100.0% -100.0%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K 10.00K 10.00K
YoY Change 0.0% 0.0% 0.0%
NET CHANGE
Cash From Operating Activities -10.00K -20.00K 0.000
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 10.00K 10.00K 10.00K
Net Change In Cash 0.000 -10.00K 10.00K
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$10.00K -$20.00K $0.00
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
199 USD
CY2015Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
0 USD
us-gaap Revenues
Revenues
0 USD
us-gaap Revenues
Revenues
0 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31067 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8805 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4512 USD
us-gaap Interest Paid
InterestPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
CY2001Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
64524 shares
CY2001Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
240945 shares
CY2001Q4 mcar Cash Consideration For Shares Authorized
CashConsiderationForSharesAuthorized
7590 USD
CY2007Q1 mcar Stock Issued During Period Shares For Notes Payable
StockIssuedDuringPeriodSharesForNotesPayable
571428 shares
CY2008Q2 us-gaap Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
5729 shares
CY2009Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
43822001 shares
CY2008Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
5729 shares
mcar Proceeds From Shareholders Advances
ProceedsFromShareholdersAdvances
105987 USD
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
950000000 shares
CY2015Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
950000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
45411400 shares
CY2015Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
45411400 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Pervasiveness of Estimates</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of financial statements in conformity with generally accepted accounting principles required management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
1987-12-30
dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
State of Colorado
us-gaap Net Income Loss
NetIncomeLoss
265061 USD
CY2004Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
900 to 1
CY2008Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
3.5 to 1
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-233994 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-265061 USD

Files In Submission

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0001144204-16-075628-index-headers.html Edgar Link pending
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0001144204-16-075628.txt Edgar Link pending
0001144204-16-075628-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
mcar-20151130.xml Edgar Link completed
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