2023 Q3 Form 20-F Financial Statement

#000101376223004641 Filed on October 18, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $73.60M $150.4M
YoY Change -3.29% -1.1%
Cost Of Revenue $57.57M $115.9M
YoY Change 0.25% 4.36%
Gross Profit $16.02M $34.48M
YoY Change -14.23% -15.88%
Gross Profit Margin 21.77% 22.93%
Selling, General & Admin $11.56M $24.94M
YoY Change -26.35% -8.13%
% of Gross Profit 72.16% 72.33%
Research & Development $3.980M $8.337M
YoY Change 4.85% 4.59%
% of Gross Profit 24.84% 24.18%
Depreciation & Amortization $1.220M
YoY Change 33.71%
% of Gross Profit 3.54%
Operating Expenses $14.91M $34.41M
YoY Change -20.83% 2.45%
Operating Profit $1.110M $76.39K
YoY Change -809.95% -98.97%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $480.0K $18.03M
YoY Change 4.76% 7.48%
Pretax Income -$790.0K $4.350M
YoY Change -361.72% -74.95%
Income Tax $490.0K $674.3K
% Of Pretax Income 15.5%
Net Earnings -$1.070M $192.5K
YoY Change -40.79% -95.8%
Net Earnings / Revenue -1.45% 0.13%
Basic Earnings Per Share $0.01
Diluted Earnings Per Share -$0.05 $0.01
COMMON SHARES
Basic Shares Outstanding 25.59M shares 23.15M shares
Diluted Shares Outstanding 23.15M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.20M $22.20M
YoY Change 20.67% 20.67%
Cash & Equivalents $22.21M $22.20M
Short-Term Investments
Other Short-Term Assets $391.3K $1.800M
YoY Change -90.72% -57.3%
Inventory
Prepaid Expenses $510.5K
Receivables $48.52M $48.50M
Other Receivables $400.0K $400.0K
Total Short-Term Assets $72.87M $72.90M
YoY Change -5.06% -5.03%
LONG-TERM ASSETS
Property, Plant & Equipment $20.11M $20.90M
YoY Change -2.37% 1.45%
Goodwill
YoY Change
Intangibles $726.2K
YoY Change -25.14%
Long-Term Investments $500.0K $500.0K
YoY Change 139.32% -18.09%
Other Assets $300.0K $300.0K
YoY Change -47.87% -47.87%
Total Long-Term Assets $22.44M $22.40M
YoY Change -10.65% -10.83%
TOTAL ASSETS
Total Short-Term Assets $72.87M $72.90M
Total Long-Term Assets $22.44M $22.40M
Total Assets $95.32M $95.30M
YoY Change -6.44% -6.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $690.0K $700.0K
YoY Change 68.1% 70.53%
Accrued Expenses $11.60M $11.60M
YoY Change -7.62% -7.62%
Deferred Revenue $918.5K
YoY Change 56.43%
Short-Term Debt $10.60M $10.60M
YoY Change -26.77%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.31M $26.30M
YoY Change -13.39% -13.44%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $885.9K $3.300M
YoY Change -75.02% -6.94%
Total Long-Term Liabilities $885.9K $3.300M
YoY Change -75.02% -6.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.31M $26.30M
Total Long-Term Liabilities $885.9K $3.300M
Total Liabilities $29.81M $30.70M
YoY Change -12.53% -13.1%
SHAREHOLDERS EQUITY
Retained Earnings $5.029M
YoY Change -20.47%
Common Stock $2.365K
YoY Change 5.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.58M $64.60M
YoY Change
Total Liabilities & Shareholders Equity $95.32M $95.30M
YoY Change -6.44% -6.46%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$1.070M $192.5K
YoY Change -40.79% -95.8%
Depreciation, Depletion And Amortization $1.220M
YoY Change 33.71%
Cash From Operating Activities $9.706M
YoY Change 203.23%
INVESTING ACTIVITIES
Capital Expenditures $519.3K
YoY Change -97.5%
Acquisitions
YoY Change
Other Investing Activities $210.0K
YoY Change -95.3%
Cash From Investing Activities -$306.0K
YoY Change -98.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$4.319M
YoY Change -157.79%
NET CHANGE
Cash From Operating Activities $9.706M
Cash From Investing Activities -$306.0K
Cash From Financing Activities -$4.319M
Net Change In Cash $3.905M
YoY Change -161.56%
FREE CASH FLOW
Cash From Operating Activities $9.706M
Capital Expenditures $519.3K
Free Cash Flow $9.187M
YoY Change -152.35%

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CY2023 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Prepaid Taxes
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CY2021 us-gaap Increase Decrease In Due From Related Parties
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CY2021 us-gaap Increase Decrease In Accounts Payable Trade
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Due To Related Parties
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CY2023 us-gaap Increase Decrease In Employee Related Liabilities
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CY2022 us-gaap Increase Decrease In Employee Related Liabilities
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CY2021 us-gaap Increase Decrease In Employee Related Liabilities
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CY2023 us-gaap Increase Decrease In Operating Lease Liability
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CY2023 clps Increase Decrease In Unrecognized Tax Benefit
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CY2022 clps Increase Decrease In Unrecognized Tax Benefit
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CY2021 clps Increase Decrease In Unrecognized Tax Benefit
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Payments To Acquire Intangible Assets
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CY2021 us-gaap Payments To Acquire Intangible Assets
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CY2022 us-gaap Payments To Acquire Longterm Investments
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CY2023 us-gaap Income Taxes Paid
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CY2023 clps Disposition Of Longterm Investment
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CY2022 clps Disposition Of Longterm Investment
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CY2021 clps Disposition Of Subsidiaries
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CY2022 us-gaap Repayment Of Notes Receivable From Related Parties
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CY2021 clps Loans Provided To Infogain
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CY2023 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2022 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2021 us-gaap Payments To Fund Longterm Loans To Related Parties
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Proceeds From Short Term Debt
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CY2022 us-gaap Proceeds From Short Term Debt
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CY2021 us-gaap Proceeds From Short Term Debt
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CY2023 us-gaap Repayments Of Short Term Debt
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CY2022 us-gaap Repayments Of Short Term Debt
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CY2021 us-gaap Repayments Of Short Term Debt
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Proceeds From Stock Options Exercised
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Interest Paid Net
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CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2023Q2 us-gaap Restricted Cash Equivalents
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 us-gaap Use Of Estimates
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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Use of estimates and assumptions</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing the consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are based on information as of the date of the consolidated financial statements. Significant estimates required to be made by management include, but are not limited to, allowance for doubtful accounts arising from expected credit losses, useful lives of property and equipment and intangible assets, goodwill impairment, the impairment of long-lived assets and long-term investments, purchase price allocation and fair value of noncontrolling interests for business combinations and asset acquisition, provision for accrued expenses and other current liabilities, valuation allowance of deferred tax assets, provision for uncertain tax positions, incremental borrowing rates for operating lease liabilities, fair value measurements of equity investments without readily determinable fair values, fair value of warrants and fair value of and estimated forfeitures for share-based compensation. Actual results could differ from those estimates.</p>
CY2022Q3 us-gaap Contract With Customer Asset Net Current
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CY2023 clps Percentage Of Goodwill
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CY2022 clps Percentage Of Goodwill
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CY2023 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2023Q2 clps Contract Assets
ContractAssets
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CY2023Q2 clps Contract Assets Current
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CY2023Q2 clps Closing Balance Of Contract Liabilities
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587140 usd
CY2023 clps Closing Balance Of Contract Liabilities Current
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918470 usd
CY2023 clps Revenue Recognized Contract Liabilities Beginning Balance
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560256 usd
CY2023 clps Percentage Of Value Added Tax
PercentageOfValueAddedTax
0.06 pure
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
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CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
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CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q3 us-gaap Operating Lease Liability Current
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CY2022Q3 us-gaap Operating Lease Liability Noncurrent
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CY2022Q2 clps Accrued Expenses And Other Liabilities
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352402 usd
CY2022Q3 clps Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
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CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2023Q2 us-gaap Operating Lease Liability Noncurrent
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CY2023Q2 clps Accrued Expenses And Other Liabilities
AccruedExpensesAndOtherLiabilities
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CY2021 us-gaap Other Expenses
OtherExpenses
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CY2022 us-gaap Other Expenses
OtherExpenses
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CY2023 us-gaap Other Expenses
OtherExpenses
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Deductions
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0.50 pure
CY2023 clps Income Tax Examination Yearunder Examination
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P10Y
CY2023 us-gaap Concentration Risk Credit Risk
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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Concentrations and risks</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">- Foreign currency risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A majority of the transactions of the Company’s PRC subsidiaries are denominated in Renminbi (“RMB”) and a significant portion of the Company and its subsidiaries’ assets and liabilities are denominated in RMB. RMB is not freely convertible into foreign currencies. In the PRC, certain foreign exchange transactions are required by law to be transacted only by authorized financial institutions at exchange rates as set forth in the H.10 statistical release of the U.S. Federal Reserve Board. Remittances in currencies other than RMB by the Company in China must be processed through the People’s Bank of China (“PBOC”) or other China foreign exchange regulatory bodies which require certain supporting documentation in order to affect the remittance.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.7pt; text-align: justify">The functional currency for the Company’s PRC subsidiaries is the RMB, and the financial statements are presented in U.S. dollars. The RMB appreciated by 8.6% in fiscal 2021, depreciated by 3.7% in fiscal 2022, and depreciated by 8.3% in fiscal 2023, respectively. It is difficult to predict how market forces or PRC or U.S. government policy may impact the exchange rate between the RMB and the U.S. dollar in the future. The change in the value of the RMB relative to the U.S. dollar may affect the Company’s financial results reported in the U.S. dollar terms without giving effect to any underlying changes in its business or results of operations. Currently, the majority of the Company’s assets, liabilities, revenues and costs are denominated in RMB.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">To the extent that the Company needs to convert U.S. dollars into RMB for capital expenditures and working capital and other business purposes, appreciation of RMB against U.S. dollar would have an adverse effect on the RMB amount the Company would receive from the conversion. Conversely, if the Company decides to convert RMB into U.S. dollar for the purpose of making payments for dividends, strategic acquisition or investments or other business purposes, appreciation of U.S. dollar against RMB would have a negative effect on the U.S. dollar amount available to the Company.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">- Concentration of credit risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents, account receivables, other assets, note receivables, and amounts due from related parties. As of June 30, 2023 and 2022, US$17,809,090 and US$14,787,554 of the Company’s cash and cash equivalents was on deposit at financial institutions in the PRC where there currently is no rule or regulation requiring such financial institutions to maintain insurance to cover bank deposits in the event of bank failure. As of June 30, 2023, the Company and its subsidiaries had US$17,809,090, US$1,289,130, US$13,543, US$2,832,122, US$ 90,180, US$32,368, US$34,921, US$120,953 and US$79,326 of cash and cash equivalents on deposit at financial institutions in mainland China, Singapore, Australia, Hong Kong, Malaysia, India, Japan, America and Philippines, respectively. As of June 30, 2022, the Company and its subsidiaries had US$14,787,554, US$2,034,692, US$6,800, US$1,195,402, US$6,799, US$4,007, US$75,322, US$24,583 and US$91,828 of cash and cash equivalents on deposit at financial institutions in mainland China, Singapore, Australia, Hong Kong, Malaysia, India, Japan, America and Philippines, respectively. The Company continues to monitor the financial strength of the financial institutions. There has been no recent history of default in relation to these financial institutions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company conducts credit evaluations on its customers and generally does not require collateral or other security from such customers. The Company periodically evaluates the creditworthiness of the existing customers in determining an allowance for doubtful accounts primarily based upon the age of the receivables and factors surrounding the credit risk of specific customers.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">- Significant customers</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The top two customers and their affiliates accounted for 21.4%, and 9.4%, respectively, of total revenues during the year ended June 30, 2023, 20.6%, and 12.2%, respectively, of total revenues during the year ended June 30, 2022. The top two customers and their affiliates accounted for 19.1%, and 11.9%, respectively, of total revenues during the year ended June 30, 2021. The top two customers accounted for 32.3%, and 4.1%, respectively, of the Company’s total accounts receivable balance as of June 30, 2023, 30.2%, and 9.3%, respectively, of the Company’s total accounts receivable balance as of June 30, 2022.</p>
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CY2023Q2 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
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CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022 clps Unrecognized Tax Benefit
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CY2022Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2021Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2023Q2 us-gaap Unrecognized Tax Benefits
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CY2022Q2 us-gaap Unrecognized Tax Benefits
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CY2021Q2 us-gaap Unrecognized Tax Benefits
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CY2022Q2 us-gaap Accrued Income Taxes Current
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CY2023Q2 clps Withholding Tax Payable
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CY2023Q2 clps Disability Insurance Fund Payable
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CY2022Q2 clps Disability Insurance Fund Payable
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CY2023Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
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CY2022Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
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CY2023Q2 clps Taxe Payable Current
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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17279443 shares
CY2021 clps Share Options
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CY2022 clps Earnings Loss Share Rs Us
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132380 usd
CY2021 clps Earnings Loss Share Rs Us
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q2 us-gaap Class Of Warrant Or Right Outstanding
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0.4148 pure
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CY2021Q1 clps Public Offering Warrants
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0.43 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.40 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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0.41 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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0.04 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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1.135 usd
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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P1Y7M9D
CY2022 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
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2519600 shares
CY2023 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
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2478295 usd
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ShareBasedCompensation
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CommonStockDividendsPerShareCashPaid
0.05
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EquityMethodInvestmentAggregateCost
1180000 usd
CY2023 clps Statutory Reserve Description
StatutoryReserveDescription
In addition, the Company’s subsidiaries incorporated in the PRC are required to annually appropriate 10% of their net income to the statutory reserve prior to payment of any dividends, unless the reserve has reached 50% of their respective registered capital.
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-3990594 usd
CY2019Q4 us-gaap Common Stock Value
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278000 usd
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1 pure
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130992 usd
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CY2020Q4 us-gaap Derivative Fixed Interest Rate
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0.80 pure
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0.20 pure
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621619 usd
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436550 usd
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62622 shares
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185069 usd
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3.41
CY2021Q1 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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446636 usd
CY2021Q1 clps Purchase Consideration And Carryinng Value
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10080 usd
CY2023 us-gaap Minority Interest Description
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Prior to January 2021, JAJI China, a 60% owned subsidiary of CLPS, owned 70% of JAJI HR. In January 2021, JAJI China entered into an agreement with CareerWin to purchase CareerWin’s 30% equity interest in JAJI HR. After the transaction, JAJI China owned 100% of JAJI HR. The purchase consideration was $18,995. The carrying amount of the noncontrolling interests was $12,189. The transaction was accounted for as an equity transaction and the difference of $6,806 between the purchase consideration and the carrying value of the noncontrolling interest of JAJI HR was recorded in the additional paid-in capital on the consolidated balance sheets.
CY2021Q2 us-gaap Minority Interest
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53.33 usd
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205711 usd
CY2021Q2 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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121807 usd
CY2023 clps Equity Interests
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0.60 pure
CY2023 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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6283 usd
CY2023 us-gaap Revenues
Revenues
150356539 usd
CY2022 us-gaap Revenues
Revenues
152022381 usd
CY2021 us-gaap Revenues
Revenues
126061693 usd
CY2023 us-gaap Revenues
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150356539 usd
CY2022 us-gaap Revenues
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152022381 usd
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CY2023Q2 clps Longlivedassets
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CY2023Q2 us-gaap Goodwill
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CY2021 clps Appropriation Of Statutory Reserve
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CY2022 clps Appropriation Of Statutory Reserve
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CY2022 clps Stock Surrender During The Period Of Shares
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CY2022 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Increase Decrease In Operating Lease Liability
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CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2023 us-gaap Payments To Acquire Intangible Assets
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CY2022 us-gaap Other Payments To Acquire Businesses
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CY2023 us-gaap Payments To Acquire Longterm Investments
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CY2021 clps Disposition Of Longterm Investment
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CY2022 clps Disposition Of Subsidiaries
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CY2022 us-gaap Proceeds From Sale Of Short Term Investments
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CY2021 us-gaap Proceeds From Sale Of Short Term Investments
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CY2022 us-gaap Payments To Acquire Short Term Investments
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CY2021 us-gaap Payments To Acquire Short Term Investments
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CY2023 us-gaap Payments For Proceeds From Short Term Investments
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CY2021 us-gaap Repayment Of Notes Receivable From Related Parties
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CY2023 clps Loans Provided To Infogain
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CY2022 clps Loans Provided To Infogain
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Payments To Minority Shareholders
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CY2022 us-gaap Payments Of Dividends Common Stock
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2022Q2 us-gaap Restricted Cash Equivalents
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CY2022 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2021 us-gaap Goodwill Impairment Loss Net Of Tax
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CY2022 us-gaap Payments To Acquire Buildings
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CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2023Q2 clps Government Subsidies
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CY2022Q2 clps Allowance For Doubtful Accounts Prepaid Expenses And Other Assets Current
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Files In Submission

Name View Source Status
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clps-20230630_def.xml Edgar Link unprocessable
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