$ENFY
Enlightify Inc.

2015 Q4 Form 10-Q Financial Statement

#000114420416079288 Filed on February 05, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q2 2014 Q4
Revenue $56.97M $78.51M $54.05M
YoY Change 5.39% 8.79% 33.02%
Cost Of Revenue $34.33M $50.30M $31.14M
YoY Change 10.24% 3.71% 42.85%
Gross Profit $22.64M $28.18M $22.91M
YoY Change -1.2% 18.83% 21.53%
Gross Profit Margin 39.74% 35.89% 42.39%
Selling, General & Admin $8.191M $17.00M $5.175M
YoY Change 58.28% 25.0% -61.38%
% of Gross Profit 36.19% 60.32% 22.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.42M $11.81M $12.13M
YoY Change -14.09% 18.81% 20.53%
% of Gross Profit 46.05% 41.91% 52.96%
Operating Expenses $16.86M $17.00M $15.83M
YoY Change 6.5% 25.0% 18.35%
Operating Profit $5.780M $11.22M $7.084M
YoY Change -18.41% 70.26% 29.3%
Interest Expense -$200.0K -$500.0K -$300.0K
YoY Change -33.33% 66.67% -198.61%
% of Operating Profit -3.46% -4.46% -4.24%
Other Income/Expense, Net -$227.6K -$458.7K -$316.2K
YoY Change -28.01% -36.84% -10.39%
Pretax Income $5.600M $10.80M $6.767M
YoY Change -17.25% 83.05% 32.03%
Income Tax $1.300M $2.500M $1.600M
% Of Pretax Income 23.21% 23.15% 23.64%
Net Earnings $4.300M $8.214M $5.215M
YoY Change -17.55% 93.22% 41.89%
Net Earnings / Revenue 7.55% 10.46% 9.65%
Basic Earnings Per Share $0.12 $0.23 $0.16
Diluted Earnings Per Share $0.12 $0.23 $0.16
COMMON SHARES
Basic Shares Outstanding 36.93M shares 33.28M shares
Diluted Shares Outstanding 36.93M shares 33.28M shares

Balance Sheet

Concept 2015 Q4 2015 Q2 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $99.60M $93.00M $59.40M
YoY Change 67.68% 245.72% 327.34%
Cash & Equivalents $99.60M $92.98M $59.36M
Short-Term Investments
Other Short-Term Assets $47.70M $41.40M $9.200M
YoY Change 418.48% 25.08% -76.77%
Inventory $118.3M $101.3M $147.0M
Prepaid Expenses
Receivables $65.73M $68.53M $71.10M
Other Receivables $200.0K $0.00 $3.298M
Total Short-Term Assets $331.4M $304.2M $289.9M
YoY Change 14.33% 33.29% 43.66%
LONG-TERM ASSETS
Property, Plant & Equipment $40.22M $44.63M $46.41M
YoY Change -13.34% -7.13% -42.31%
Goodwill $4.935M $5.246M
YoY Change 0.8%
Intangibles $21.65M $23.81M
YoY Change -5.63%
Long-Term Investments
YoY Change
Other Assets $135.1K $185.5K $72.20M
YoY Change -99.81% 89.23% 17.4%
Total Long-Term Assets $97.04M $125.4M $149.7M
YoY Change -35.18% -23.95% -13.67%
TOTAL ASSETS
Total Short-Term Assets $331.4M $304.2M $289.9M
Total Long-Term Assets $97.04M $125.4M $149.7M
Total Assets $428.5M $429.6M $439.6M
YoY Change -2.53% 9.28% 17.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.371M $2.372M $4.800M
YoY Change -50.6% -29.78% -2.04%
Accrued Expenses $3.884M $3.555M $4.250M
YoY Change -8.61% 20.55% 45.81%
Deferred Revenue
YoY Change
Short-Term Debt $18.82M $23.61M $23.60M
YoY Change -20.26% -1.65% 18.59%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $64.37M $56.63M $92.40M
YoY Change -30.33% -7.27% 67.09%
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 $64.37M $56.63M $92.40M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $64.40M $56.60M $92.40M
YoY Change -30.3% -7.36% 67.09%
SHAREHOLDERS EQUITY
Retained Earnings $209.2M $198.8M
YoY Change 15.58%
Common Stock $125.8M $123.4M
YoY Change 7.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $364.1M $372.9M $347.1M
YoY Change
Total Liabilities & Shareholders Equity $428.5M $429.6M $439.6M
YoY Change -2.53% 9.28% 17.16%

Cashflow Statement

Concept 2015 Q4 2015 Q2 2014 Q4
OPERATING ACTIVITIES
Net Income $4.300M $8.214M $5.215M
YoY Change -17.55% 93.22% 41.89%
Depreciation, Depletion And Amortization $10.42M $11.81M $12.13M
YoY Change -14.09% 18.81% 20.53%
Cash From Operating Activities $8.630M $9.610M $21.48M
YoY Change -59.82% -37.31% 357.02%
INVESTING ACTIVITIES
Capital Expenditures -$20.00K -$30.00K -$150.0K
YoY Change -86.67% -93.62% -59.46%
Acquisitions
YoY Change
Other Investing Activities $0.00 $4.610M -$4.920M
YoY Change -100.0% -164.93% -87.41%
Cash From Investing Activities -$20.00K $4.590M -$5.080M
YoY Change -99.61% -160.63% -87.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.360M 3.820M 1.790M
YoY Change -175.98% -181.28% -49.86%
NET CHANGE
Cash From Operating Activities 8.630M 9.610M 21.48M
Cash From Investing Activities -20.00K 4.590M -5.080M
Cash From Financing Activities -1.360M 3.820M 1.790M
Net Change In Cash 7.250M 18.02M 18.19M
YoY Change -60.14% 488.89% -158.34%
FREE CASH FLOW
Cash From Operating Activities $8.630M $9.610M $21.48M
Capital Expenditures -$20.00K -$30.00K -$150.0K
Free Cash Flow $8.650M $9.640M $21.63M
YoY Change -60.01% -38.99% 326.63%

Facts In Submission

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dei Document Type
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dei Amendment Flag
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dei Document Period End Date
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2015-12-31
dei Document Fiscal Year Focus
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2016
dei Document Fiscal Period Focus
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Q2
dei Entity Registrant Name
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China Green Agriculture, Inc.
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0000857949
dei Current Fiscal Year End Date
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Smaller Reporting Company
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us-gaap Use Of Estimates
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <u>Use of estimates</u></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of consolidated 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 consolidated financial statements and the amount of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. However, actual results could differ materially from those results.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
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CY2015Q4 us-gaap Commitments And Contingencies
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us-gaap Nature Of Operations
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us-gaap Increase Decrease In Due From Related Parties
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0 USD

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