Sino Green Land Corp. Files Q3 2024 10-Q

Ticker: SGLA · Form: 10-Q · Filed: May 20, 2024 · CIK: 1433551

Sino Green Land Corp. 10-Q Filing Summary
FieldDetail
CompanySino Green Land Corp. (SGLA)
Form Type10-Q
Filed DateMay 20, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: 10-Q, quarterly-report, financials

TL;DR

Sino Green Land Corp. filed their Q3 10-Q. Fiscal year ends June 30.

AI Summary

Sino Green Land Corp. filed its 10-Q for the period ending March 31, 2024. The filing covers the third quarter of their fiscal year. The company's fiscal year ends on June 30th. Their business address is located in Semenyih, Selangor, Malaysia.

Why It Matters

This filing provides investors with an update on Sino Green Land Corp.'s financial performance and position for the third quarter of fiscal year 2024.

Risk Assessment

Risk Level: low — The filing is a standard quarterly report and does not contain immediate red flags.

Key Numbers

  • 0630 — Fiscal Year End (Indicates the end of the company's annual financial reporting cycle.)
  • 2024-03-31 — Quarter End Date (The specific date through which financial information is reported in this 10-Q.)

Key Players & Entities

  • Sino Green Land Corp. (company) — Filer of the 10-Q
  • 20240331 (date) — End of reporting period
  • 20240520 (date) — Filing date
  • Semenyih, Selangor (location) — Company's business address

FAQ

What is the company's primary business activity?

The filing lists the Standard Industrial Classification as WHOLESALE-MISC DURABLE GOODS [5090].

What were the previous names of Sino Green Land Corp.?

The company was formerly known as Go Silver Toprich, Inc. (name change 20200110), Sino Green Land Corp. (name change 20090324), and Henry County Plywood Corp (name change 20090121).

When was the company's last name change?

The company's last name change was from Go Silver Toprich, Inc. to Sino Green Land Corp. on January 10, 2020.

What is the company's filing number?

The SEC file number for Sino Green Land Corp. is 000-53208.

What is the company's business phone number?

The business phone number listed is 60387278732.

Filing Stats: 4,578 words · 18 min read · ~15 pages · Grade level 17.5 · Accepted 2024-05-20 06:30:55

Key Financial Figures

  • $0.001 — ge on which registered: Common Stock, $0.001 par value SGLA OTC Market – Pink Sh

Filing Documents

SIGNATURES

SIGNATURES 20 2 PART I FINANCIAL INFORMATION ITEM 1. CONDENSED FINANCIAL STATEMENTS: SINO GREEN LAND CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS AS OF March 31, 2024, AND JUNE 30, 2023 (Currency expressed in United States Dollars ("US

quot;), except for number of shares) As of March 31, 2024 June 30, 2023 (Unaudited) Assets Current assets Cash and cash equivalents $ 94,310 $ 125,134 Accounts receivable 75,020 52,796 Inventories 173,866 198,093 Prepaid expenses and other current assets 90,987 104,579 Total current assets 434,183 480,602 Non-current assets Property, plant and equipment, net 4,069,858 2,528,124 Operating lease right-of-use assets - 42,546 Finance lease right-of-use assets 79,302 - Total Assets $ 4,583,343 $ 3,051,272 Liabilities and Stockholders' Equity (Deficit) Current liabilities Accounts payable and accrued expense $ 265,041 $ 152,626 Customer advances 34,339 - Convertible note payable 750,000 750,000 Notes payable, secured – current 66,259 36,266 Advances due to the related parties 1,959,952 760,789 Finance lease obligations – current 18,536 - Operating lease obligations – current - 44,167 Total current liabilities 3,094,127 1,743,848 Non-current liabilities Finance lease obligations – non-current 46,446 - Notes payable, secured – non-current 1,879,451 1,032,606 Notes payable, unsecured 250,335 - Total liabilities 5,270,359 2,776,454 Stockholders' equity (deficit) Preferred Stock, $ 0.001 par value; 20,000,000 shares authorized; 1,784,178 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively 1,784 1,784 Common Stock, $ 0.001 par value; 780,000,000 shares authorized; 161,809,738 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively 161,810 161,810 Additional paid-in-capital 2,121,929 2,121,929 Accumulated other comprehensive income 63,902 82,050 Accumulated

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