AiXin Life International, Inc. financial data

Symbol
AIXN on OTC
Location
Hongxing Intl Business Building 2,, 14 Th Flr, No. 69, Qingyun Souve Ave.,, Jinjiang District,Chengdu City, China
State of incorporation
Colorado
Fiscal year end
December 31
Former names
MERCARI COMMUNICATIONS GROUP LTD (to 2/1/2018)
Latest financial report
10-Q - Q1 2024 - Jun 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 32.4 % -58.4%
Quick Ratio 10 % +8.54%
Debt-to-equity -421 % -161%
Return On Equity 148 %
Return On Assets -46 % +43%
Operating Margin -121 % -595%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25M shares 0%
Common Stock, Shares, Outstanding 25M shares 0%
Entity Public Float 25.7M USD -75.5%
Common Stock, Value, Issued 250 USD 0%
Weighted Average Number of Shares Outstanding, Basic 25M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 25M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 26.4K USD +9.69%
Revenue from Contract with Customer, Excluding Assessed Tax 4.19M USD +37.5%
General and Administrative Expense 1.9M USD +21.2%
Operating Income (Loss) -2.57M USD -9.31%
Nonoperating Income (Expense) 423K USD -22.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.15M USD +65.1%
Income Tax Expense (Benefit) 19.5K USD +1679%
Net Income (Loss) Attributable to Parent -2.16M USD +64.8%
Earnings Per Share, Basic -0.09 USD/shares +64%
Earnings Per Share, Diluted -0.09 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 305K USD -38.6%
Accounts Receivable, after Allowance for Credit Loss, Current 380K USD -12.1%
Inventory, Net 459K USD -32.7%
Assets, Current 1.7M USD -16.3%
Deferred Income Tax Assets, Net 13.3K USD -14.5%
Property, Plant and Equipment, Net 1.55M USD -17.4%
Operating Lease, Right-of-Use Asset 2.13M USD +162%
Intangible Assets, Net (Excluding Goodwill) 3.4K USD +211%
Goodwill 3.82M USD
Assets 5.46M USD +13.3%
Accounts Payable, Current 471K USD -0.44%
Employee-related Liabilities, Current 435K USD +40.3%
Liabilities, Current 5.95M USD +10.2%
Operating Lease, Liability, Noncurrent 1.9M USD +959%
Liabilities 7.85M USD +40.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 215K USD +8.75%
Retained Earnings (Accumulated Deficit) -17.8M USD -13.8%
Stockholders' Equity Attributable to Parent -2.39M USD -215%
Liabilities and Equity 5.46M USD +13.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -461K USD +2.38%
Net Cash Provided by (Used in) Financing Activities 384K USD -12.3%
Net Cash Provided by (Used in) Investing Activities -41.1K USD -692%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 25M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -126K USD -236%
Deferred Tax Assets, Valuation Allowance 13.2K USD
Operating Lease, Liability 2.11M USD +127%
Depreciation 411K USD +58.6%
Payments to Acquire Property, Plant, and Equipment 41.1K USD +2251%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.15M USD +67.9%
Lessee, Operating Lease, Liability, to be Paid 2.64M USD +177%
Property, Plant and Equipment, Gross 2.97M USD +0.76%
Operating Lease, Liability, Current 209K USD -72.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 267K USD +329%
Lessee, Operating Lease, Liability, to be Paid, Year One 328K USD +140%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 457 USD -7.11%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 530K USD +2102%
Lessee, Operating Lease, Liability, to be Paid, Year Three 230K USD +859%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 225K USD
Operating Lease, Payments 186K USD -8.45%
Additional Paid in Capital 15.1M USD +3.55%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 1.64K USD +7.35%
Depreciation, Depletion and Amortization 106K USD +1.66%
Deferred Tax Assets, Net of Valuation Allowance 15.6K USD
Share-based Payment Arrangement, Expense 372K USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%