Every 10-Q that SINO GREEN LAND CORP (SGLA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SGLA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SGLA filings page.
Sino Green Land Corporation reported higher sales but continued losses in its quarter ended March 31, 2026, and reiterated substantial doubt about its ability to continue as a going concern. Net revenues reached $334,766 for the quarter and $1,060,984 for the nine months, driven by increased sales of recycled plastic products.
The company recorded a nine‑month net loss of $718,959, though this was 39% lower than the prior year as cost of revenues declined and volumes rose. At March 31, 2026, current liabilities of $4,912,454 far exceeded current assets of $721,616, resulting in a working capital deficit of $4,190,838 and stockholders’ deficit of $2,873,004. Management is pursuing debt and equity financing and has a support letter from its holding company, but there is no assurance these plans will succeed.
Sino Green Land Corporation reported higher sales but continued losses for the quarter and six months ended December 31, 2025. Net revenues rose to $278,161 for the quarter and $725,205 for the six months, up from $116,936 and $574,230 a year earlier, mainly from increased sales of third‑party plastic recycled products.
The company still generated a gross loss and recorded a six‑month net loss of $412,951, though this narrowed from $691,975 in the prior period as cost of revenues declined and volumes improved. Operating cash flow turned positive at $817,693, but cash remained modest at $172,985 as of December 31, 2025.
Financial pressure remains severe. Current liabilities of $5,689,934 far exceed current assets of $795,041, leaving a working capital deficit of $4,894,893 and a stockholders’ deficit of $2,870,017. The company discloses substantial doubt about its ability to continue as a going concern and relies heavily on related‑party funding and bank loans.
Internal controls over financial reporting were deemed not effective due to a lack of an independent board and audit committee, inadequate segregation of duties, and limited U.S. GAAP expertise. After quarter end, the company agreed to sell 283,500 common shares in a private placement, providing some additional equity capital.
Sino Green Land Corporation filed an amended quarterly report for the period ended September 30, 2025, mainly to correct a cover-page checkbox about Interactive Data File posting. The underlying results show a small recycling business that remains highly leveraged and unprofitable, with serious liquidity concerns.
Net revenues were $445,628 for the quarter, roughly flat versus $457,247 a year earlier. Cost of revenues fell to $481,410, helped by reversing a prior $119,886 inventory write-down, shrinking the gross loss to $35,782 from $200,481. Net loss improved to $186,250, down from $333,331 in the prior-year quarter, but the company still consumed $64,744 of cash in operating activities.
The balance sheet is strained. Total assets were $4,641,669, while total liabilities reached $7,221,596, leaving a stockholders’ deficit of $2,579,927. Current liabilities of $5,132,858 far exceed current assets of $538,335, creating a working capital deficit of $4,594,523. Debt includes a $750,000 third-party loan and $2,149,323 of secured bank loans tied to factory buildings, alongside $3,424,476 due to related parties.
The company reports an accumulated deficit of $4,886,803 and its auditors and management highlight “substantial doubt” about its ability to continue as a going concern. Management is relying on cost cuts, potential financing and a support letter from its holding company. Disclosure controls and procedures are deemed ineffective due to material weaknesses, including lack of an independent board and audit committee, limited segregation of duties, and insufficient U.S. GAAP expertise.
Sino Green Land Corporation (SGLA) filed its quarterly report showing continued losses and tight liquidity. Net revenues were $445,628 for the three months ended September 30, 2025, roughly flat year over year, while a prior inventory write-down reversal helped narrow gross loss to $35,782 from $200,481.
Net loss improved to $186,250 from $333,331 on lower cost of revenues, but operating expenses rose modestly. Cash and cash equivalents were $48,185 as of September 30, 2025. Current assets were $538,335 against current liabilities of $5,132,858, resulting in a working capital deficit of $4,594,523. Total liabilities were $7,221,596 and stockholders’ deficit was $2,579,927.
Debt included a $750,000 loan from a third party and bank loans payable of $2,149,323. Amounts due to related parties were $3,424,476. Management disclosed substantial doubt about the company’s ability to continue as a going concern, and reported material weaknesses in internal control over financial reporting, including lack of an independent audit committee, inadequate segregation of duties, and insufficient U.S. GAAP expertise.