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For the three months ended 31 March 2016, YinhangInternet Technologies Devlpm Inc revenues decreased 15% to$1.2M. Net income totaled $120K vs. loss of $855K. Revenuesreflect Products decrease from $4K to $0K. Net Incomereflects General and administrative decrease of 79% to$306K (expense), Other expenses decrease of 72% to $2K(expense). Basic Earnings per Share excluding ExtraordinaryItems increased from -$0.11 to $0.02.
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Revenue | 1.22 | 0.95 | 1.27 | 1.31 |
Gross Profit | 0.7 | -0.08 | 0.78 | 0.61 |
Operating Income | 0.3 | -2 | 0.04 | -0.85 |
Net Income | 0.12 | -2.24 | -0.2 | -1.02 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Assets | 5.94 | 6.87 | 9.57 | 11.13 |
Total Liabilities | 16.17 | 17.17 | 17.87 | 19.54 |
Total Equity | -10.23 | -10.3 | -8.3 | -8.42 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -0.03 | -1.44 | -1 | -0.92 |
Cash From Investing Activities | 0 | -0 | -0 | -0 |
Cash From Financing Activities | 0.04 | 0.4 | 0 | -0.1 |
Net Change in Cash | 0 | -1.06 | -1.01 | -1.03 |
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