Financial Statements

China Green Agriculture, Inc. (CGA)


+0.20 (+2.44%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 112247236245-
Net Income -120-13712-725
Stock Dividends 21-0-2220
Dividend Paid -----
Retained Earnings -6112247236245

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 23273134-
Annual Depreciation -0-4-4-334
Capital Expenditure -0-0-0-0-0
Net PPE 2223273134

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -9887
New Purchases -----
Intangible and Goodwill 9887-

China Green Agriculture, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes China Green Agriculture, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.