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Financial Snapshot

Revenue
TTM
$95.87K
Gross Margin
TTM
-49.5%
Net Income
TTM
-$196.2K
Current Assets
2022 Q2
Current Liabilities
2022 Q2
Current Ratio
2022 Q2
166.87%
Total Assets
2022 Q2
Total Liabilities
2022 Q2
Book Value
2022 Q2
$751.6K
Cash
2022 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$106.2K

Stock Price

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Market Cap: $169.57 Million

About Sincerity Applied Materials Holdings Corp

Sincerity Applied Materials Holdings Corp (OTC: SINC) is a materials company that manufactures and sells products across several countries, working with affiliated entities Sincerity China and Shanghai Sincerity Co. Ltd. for technological and product support. Revenue comes from product sales in international markets. The company was incorporated in Nevada on July 28, 2011, originally as HapyKidz.com, Inc., and has operated under multiple business models, including e-commerce, equity crowdfunding, and enterprise funding platforms before its current applied materials focus. As of the 10-K filed March 30, 2022, the company carried going-concern doubt, citing net losses and dependence on additional financing to sustain operations. CEO Yiwen Zhang has served since September 19, 2017, and CFO Chris Lim serves in a consulting capacity through Chris Lim Accounting Solutions Pty Ltd. The company is incorporated in Nevada and operates in a technology-driven product market characterized by rapid product cycles and evolving industry standards.

Revenue model
Transactional product sales across international markets, with manufacturing operations in multiple countries. The filing does not disclose specific revenue figures, segment breakdowns, or revenue percentages for any fiscal period.
Products and services
Applied materials products manufactured and sold internationally, developed with technological and product support from Sincerity China and Shanghai Sincerity Co. Ltd. Specific product names are not disclosed in the filing excerpts.
Customers and end markets
The filing does not identify specific customers, customer concentrations, or named end markets. The company operates in markets characterized by technological innovation and product advancement.
Value-chain role
Manufacturer and seller of applied materials products, relying on affiliated entities Sincerity China and Shanghai Sincerity Co. Ltd. for technology and product development support.
Geographic exposure
Multi-country operations including developing regions, with exposure to international political, economic, and regulatory risks. Specific countries are not named in the filing excerpts.

Source: SEC 10-K, filed 2022-03-30

Industry: Plastic Material, Synth Resin/Rubber, Cellulos (No Glass)

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