10-Q Filing

ADDENTAX GROUP CORP. CIK: 1650101 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001650101-16-000018`
Period End Date	20160930
Filing Date	20161024
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	none-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 42 Income Statement 40 Cash Flow Statement 30

Balance Sheet 42 line items

Line Item	Tag	Value	Unit	Period
accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.87K	USD	Point-in-time
accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.33K	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.20K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.05K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.33K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$190.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Inventory	`PublicUtilitiesInventory`	$977.00	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	6.92M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	6.92M	shares	Point-in-time
Inventory	`PublicUtilitiesInventory`	$2.03K	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	6.88M	shares	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	6.88M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.42K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$12.36K	USD	Point-in-time
Fixed Assets Equipment net of accumulated depreciation of $1,869 and $1,335 respectively	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$1.58K	USD	Point-in-time
Fixed Assets Equipment net of accumulated depreciation of $1,869 and $1,335 respectively	`PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation`	$1.05K	USD	Point-in-time
Website	`Website`	$700.00	USD	Point-in-time
Website	`Website`	$700.00	USD	Point-in-time
Total Fixed Assets	`Assets`	$2.28K	USD	Point-in-time
Total Fixed Assets	`Assets`	$1.75K	USD	Point-in-time
Total Assets	`AssetsNoncurrent`	$14.64K	USD	Point-in-time
Total Assets	`AssetsNoncurrent`	$6.17K	USD	Point-in-time
Loans from director	`LoansPayableCurrent`	$8.10K	USD	Point-in-time
Loans from director	`LoansPayableCurrent`	$20.60K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$8.10K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$20.60K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$8.10K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$20.60K	USD	Point-in-time
Common stock, par value $0.001; 150,000,000 shares authorized, 6,920,000 and 6,883,000 shares issued and outstanding respectively	`CommonStockValueOutstanding`	$3.46K	USD	Point-in-time
Common stock, par value $0.001; 150,000,000 shares authorized, 6,920,000 and 6,883,000 shares issued and outstanding respectively	`CommonStockValueOutstanding`	$3.44K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.65K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$13.19K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-31.08K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.55K	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$-14.43K	USD	Point-in-time
Total Stockholder's Equity (Deficit)	`StockholdersEquity`	$6.54K	USD	Point-in-time
Total Liabilities and Stockholder's Equity (Deficit)	`Liabilities`	$14.64K	USD	Point-in-time
Total Liabilities and Stockholder's Equity (Deficit)	`Liabilities`	$6.17K	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$3.00K	USD	1 Quarter
REVENUES	`Revenues`	$9.95K	USD	2 Qtrs
REVENUES	`Revenues`	$6.95K	USD	1 Quarter
REVENUES	`Revenues`	$3.00K	USD	2 Qtrs
Cost of Goods Sold	`CostOfGoodsSold`	$1.53K	USD	2 Qtrs
Cost of Goods Sold	`CostOfGoodsSold`	$325.00	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$1.02K	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$325.00	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$8.42K	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$5.93K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.67K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.67K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.94K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.67K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.18K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$9.62K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$9.62K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$6.18K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$29.94K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$4.67K	USD	1 Quarter
NET INCOME (LOSS) FROM OPERATIONS	`NetIncomeLoss`	$-21.52K	USD	2 Qtrs
NET INCOME (LOSS) FROM OPERATIONS	`NetIncomeLoss`	$-244.00	USD	1 Quarter
NET INCOME (LOSS) FROM OPERATIONS	`NetIncomeLoss`	$-1.99K	USD	1 Quarter
NET INCOME (LOSS) FROM OPERATIONS	`NetIncomeLoss`	$-6.94K	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	$28.00	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-1.99K	USD	1 Quarter
NET INCOME (LOSS)	`ProfitLoss`	$-6.91K	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-21.52K	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-244.00	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED	`NetIncomeLossAllocatedToLimitedPartners`	-	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED	`NetIncomeLossAllocatedToLimitedPartners`	$-0.01	USD	2 Qtrs
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED	`NetIncomeLossAllocatedToLimitedPartners`	-	USD	1 Quarter
NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED	`NetIncomeLossAllocatedToLimitedPartners`	-	USD	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.92M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.92M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.00M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.00M	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) for the period	`ProfitLoss`	$-1.99K	USD	1 Quarter
Net income (loss) for the period	`ProfitLoss`	$-6.91K	USD	2 Qtrs
Net income (loss) for the period	`ProfitLoss`	$-21.52K	USD	2 Qtrs
Net income (loss) for the period	`ProfitLoss`	$-244.00	USD	1 Quarter
Depreciation expense	`Depreciation`	$534.00	USD	2 Qtrs
Depreciation expense	`Depreciation`	$534.00	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$950.00	USD	2 Qtrs
Decrease in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.14K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.05K	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.06K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$190.00	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Decrease in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-28.00	USD	2 Qtrs
Decrease in taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-6.33K	USD	2 Qtrs
CASH FLOWS USED IN OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-20.91K	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from sale of common stock Loans from director	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from sale of common stock Loans from director	`NetCashProvidedByUsedInFinancingActivities`	$55.41M	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$13.05K	USD	2 Qtrs
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	-	USD	2 Qtrs
NET INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$-6.33K	USD	2 Qtrs
NET INCREASE IN CASH	`CashPeriodIncreaseDecrease`	$-7.85K	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$6.99K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$10.05K	USD	Point-in-time
Cash, end of period	`Cash`	$2.20K	USD	Point-in-time
Cash, end of period	`Cash`	$659.00	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Interest paid	`InterestPaid`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.