$ELRE
Yinfu Gold Corp.

2022 Q4 Form 10-Q Financial Statement

#000164033422002435 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue $0.00 $0.00 $0.00
YoY Change
Gross Profit $0.00 $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $110.5K $112.7K $124.1K
YoY Change -6.72% -9.19% 56.3%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.20K $18.50K
YoY Change -39.46%
% of Gross Profit
Operating Expenses $110.5K $112.7K $124.1K
YoY Change -6.72% -9.2% 56.3%
Operating Profit -$110.5K -$112.7K -$124.1K
YoY Change -6.72% -9.2% 56.3%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$9.00 $155.00 -$250.00
YoY Change -162.0%
Pretax Income -$110.5K -$112.6K -$124.4K
YoY Change -6.71% -9.5% 56.61%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$110.5K -$112.6K -$124.4K
YoY Change -6.71% -9.5% 56.61%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$0.06 -$56.73K -$12.54K
COMMON SHARES
Basic Shares Outstanding 1.984M shares 1.984M shares 9.918M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $560.00 $2.110K $540.00
YoY Change -18.84% 290.74% -6.9%
Cash & Equivalents $560.00 $2.108K $540.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $9.478K $9.761K $4.260K
YoY Change 59.64% 129.13% 222.73%
LONG-TERM ASSETS
Property, Plant & Equipment $27.22K $26.43K $43.97K
YoY Change 5.83% -39.89% -60.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $27.22K $26.43K $43.97K
YoY Change 5.83% -39.9% -60.39%
TOTAL ASSETS
Total Short-Term Assets $9.478K $9.761K $4.260K
Total Long-Term Assets $27.22K $26.43K $43.97K
Total Assets $36.69K $36.19K $48.23K
YoY Change 15.93% -24.97% -57.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $248.9K $204.1K $89.96K
YoY Change 176.68% 126.91% 0.97%
Accrued Expenses $27.67K $26.87K $63.11K
YoY Change -38.77% -57.42% -32.34%
Deferred Revenue
YoY Change
Short-Term Debt $252.4K $242.6K $173.3K
YoY Change 43.82% 39.96% 3.56%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.739M $2.596M $2.238M
YoY Change 16.31% 16.01% 22.37%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.739M $2.596M $2.238M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.739M $2.596M $2.238M
YoY Change 16.31% 16.01% 20.01%
SHAREHOLDERS EQUITY
Retained Earnings -$2.744M -$2.634M
YoY Change 20.22%
Common Stock $1.984K $1.984K
YoY Change -80.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.702M -$2.560M -$2.190M
YoY Change
Total Liabilities & Shareholders Equity $36.69K $36.19K $48.23K
YoY Change 15.93% -24.97% -57.06%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$110.5K -$112.6K -$124.4K
YoY Change -6.71% -9.5% 56.61%
Depreciation, Depletion And Amortization $11.20K $18.50K
YoY Change -39.46%
Cash From Operating Activities $3.140K -$41.62K -$56.44K
YoY Change -107.71% -26.26% -41.57%
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 8.570K 42.21K 56.56K
YoY Change -78.97% -25.37% -38.49%
NET CHANGE
Cash From Operating Activities 3.140K -41.62K -56.44K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 8.570K 42.21K 56.56K
Net Change In Cash 11.71K 590.0 120.0
YoY Change 23320.0% 391.67% -102.59%
FREE CASH FLOW
Cash From Operating Activities $3.140K -$41.62K -$56.44K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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elre Interim Financial Informationpolicytextblock
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The unaudited financial statements have been prepared in accordance with generally accepted accounting principles (GAAP) applicable to interim financial information and the requirements of Form 10-Q and Rule 8-03 of Regulation S-X of the Securities and Exchange Commission. Accordingly, they do not include all of the information and disclosure required by accounting principles generally accepted in the United States of America for complete financial statements. Interim results are not necessarily indicative of results for a full year. In the opinion of management, all adjustments considered necessary for a fair presentation of the financial position and the results of operations and cash flows for the interim periods have been included.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">These financial statements should be read in conjunction with the audited financial statements as of and for the year ended March 31, 2022, as not all disclosures required by generally accepted accounting principles for annual financial statements are presented. The interim financial statements follow the same accounting policies and methods of computations as the audited financial statements as of and for the year ended March 31, 2022.</p>
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires 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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments. </p>
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