拉斯维加斯，中国 2019年5月15日---超离子科技有限公司(OTCQB股票代码：IINX，以下简称超离子科技，IINX 或公司)，在光电显示和智慧能源领域的资源整合者，今日公布了截至2019年3月31日的3个月的财务业绩。
2019年第三季度财务亮点
·在截至2018年3月31日的3个月到截至2019年3月31日的三个月中，总收入增长了146%。
·截至2019年3月31日的三个月，毛利率为22%，而截至2018年3月31日的三个月毛利率为11%。
IINX的CEO刘玉宝表示：“2019年第三季度的财务业绩表明，我们从最近的收购中获益。 在截至2019年3月31日的三个月里，我们的毛利率增长到了22%，而在截至2018年3月31日的三个月里，毛利率只有11%，这主要是受从芳冠电子的收购业务的高毛利率的驱动所致”。
刘先生还表明：“我们正在采取持续发展的方法来建立我们的业务，并继续在光电显示和智慧能源领域进行投资。通过整合这样业务，我们将获得竞争优势和经济规模。最近计划加速在OLED柔性屏市场的投资就是很好的例子。我们预计这些努力将为我们的股东带来长期的增长。”
收入
在截至2019年3月31日和2018年3月31日的3个月，总收入分别是 $2,597,052 和 $1,054,933。截至2018年3月31日的3个月到截至2019年3月31日的3个月，总收入增长146%.
在截至2019年3月31日2018年3月31日的9个月，收入分别是$7,417,488 和 $2,187,418。从截至2018年3月31日的9个月到截至2019年3月31日的9个月，总收入增长239%。
收入的增长归因于公司在中国液晶显示屏领域的业务扩张。
收入成本
在截至2019年3月31日的3个月，非关联方的收入成本是 $1,913,214，关联方的收入成本是$111,116 。相比之下，在截至2018年3月31日的3个月，非关联方的收入成本是 $38,725，关联方的收入成本是$ $906,924。截至2018年3月31日的3个月到截至2019年3月31日的3个月，收入总成本增长114%。
在截至2019年3月31日的9个月，非关联方的收入成本是$2,955,038，关联方的收入成本是$3,305,275。相比之下，在截至2018年3月31日的9个月，非关联方的收入成本是 $152,628 ，关联方的收入成本是$$1,785,595。截至2018年3月31日的9个月到截至2019年3月31日的9个月，收入总成本增长223%。
收入成本的增长归因于公司在中国液晶显示屏领域的业务扩张。
毛利润
在截至2019年3月31日和2018年3月31日的3个月，毛利润分别是$572,722 和 $109,284。在截至2019年3月31日的3个月，毛利率维持在22%，相比之下截至2018年3月31日的3个月，毛利率是11%。
在截至2019年3月31日和2018年3月31日的9个月，毛利润分别是$1,157,175 和 $249,195。在截至2019年3月31日的9个月我们的毛利率维持在16%，相比之下截至2018年3月31日的9个月，毛利率是11%。
毛利润的变动也归因于芳冠电子（2018年12月28日成为公司的可变利益实体）
制造和销售LCD屏产品，持有较高的毛利（约22%）的这一事实。
销售和管理费用
截至2019年3月31日的3个月和2018年3月31日的3个月，管理费用分别是$550,965, 和 $57,927。
管理费用的变动可归因于在2018年12月28日芳冠电子成本公司的可变利益实体后仅发生的折旧和待摊费用。
净收益
在截至2019年3月31日的3个月和2018年3月31日的3个月，净收益分别是$21,064 和 $45,160。
这一变化可归因为2018年12月27日收购芳冠电子产生的相关费用增加。
在截至2019年3月31日的9个月和2018年3月31日的9个月，我们的净收益分别是 $205,071 和 $44,670。
这一变化可归因于在截至2019年3月31日的9个月的毛利润的增长。
现金和财务状况
截至2019年3月31日，公司拥有现金和现金等价物$494,820，相比之下截至2018年6月30日，拥有现金和现金等价物$111,462 。截至2019年3月31日公司的营运资金缺口$1,105,616 ，相比之下截至2018年6月30日的营运资金缺口为$413.657 。
截至2019年3月31日的9个月，经营活动使用的净现金是$900,588，截至2018年3月31日的9个月，经营活动提供的净现金是 $106,547。
关于超离子科技有限公司
超离子科技有限公司是一家主要从事光电显示和智慧能源行业的控股公司。公司下设五家运营子公司：长春芳冠光电显示技术有限公司，一家专业从事TN、STN液晶、STN、CSTN、TFT液晶模块及相关产品的开发、设计、生产及销售的公司；长春芳冠电子科技有限公司，一家在中国制造和销售LCD屏的公司；深圳百乐奇电子科技有限公司，是一家专业从事LCD切片、填充、研发、设计、制造、LCD模组（LCM）及PCB销售的公司;力斯特科技(深圳)有限公司，一家从事智能电子设备生产的公司; 大连世哲新能源科技有限公司，一家从事光伏发电、电动汽车、充电桩及配套运维、三维停车场业务的公司。目前，IINX已经着手以长春芳冠、深圳百乐奇为生产基地，布局柔性可折叠式液晶显示屏前段材料和后段模组领域的产业化和市场化对接，抢占OLED高新技术的市场份额。
更多信息，请访问我们网站： www.iinx-tech.com
Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. Ionix Technology assumes no obligation to update the forward-looking statements. Although Ionix Technology believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should refer to the risk factors disclosure outlined in Ionix Technology's annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the U.S. Securities and Exchange Commission.
IR Contact:
Dragon Gate Investment Partners LLC
Tel: +1(646)-801-2803
Email: iinx@dgipl.com
IONIX TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
| March 31, 2019 |
| June 30, 2018 |
ASSETS |
|
|
|
|
|
Current Assets: |
|
|
|
|
|
Cash | $ | 494,820 |
| $ | 111,462 |
Notes receivable |
| 14,900 |
|
| - |
Accounts receivable - non-related parties |
| 2,849,694 |
|
| 636,413 |
- related parties |
| 140,306 |
|
| 119,543 |
Inventory |
| 3,965,274 |
|
| 226,839 |
Advances to suppliers - non-related parties |
| 158,965 |
|
| 3,164 |
- related parties |
| 317,280 |
|
| 206,194 |
Prepaid expenses and other current assets |
| 158,689 |
|
| 20,592 |
Total Current Assets |
| 8,099,928 |
|
| 1,324,207 |
|
|
|
|
|
|
Property, plant and equipment, net |
| 6,644,070 |
|
| - |
Intangible assets, net |
| 4,537,698 |
|
| - |
Deferred tax assets |
| 59,980 |
|
| - |
Total Assets | $ | 19,341,676 |
| $ | 1,324,207 |
|
|
|
|
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|
|
|
|
|
Current Liabilities: |
|
|
|
|
|
Short-term bank loan | $ | 2,682,084 |
| $ | - |
Accounts payable - non-related parties |
| 3,419,426 |
|
| 264,171 |
- related parties |
| - |
|
| 248,543 |
Advance from customers |
| 22,312 |
|
| 59,546 |
Due to related parties |
| 2,793,610 |
|
| 212,557 |
Accrued expenses and other current liabilities |
| 288,111 |
|
| 125,733 |
Total Current Liabilities |
| 9,205,543 |
|
| 910,550 |
|
|
|
|
|
|
Deferred tax liability |
| - |
|
| 15,242 |
Total Liabilities |
| 9,205,543 |
|
| 925,792 |
|
|
|
|
|
|
COMMITMENT AND CONTINGENCIES |
|
|
|
|
|
|
|
|
|
|
|
Stockholders’ Equity: |
|
|
|
|
|
Preferred stock, $.0001 par value, 5,000,000 shares authorized,
5,000,000 shares issued and outstanding |
| 500 |
|
| 500 |
Common stock, $.0001 par value, 195,000,000 shares authorized,
114,003,000 and 99,003,000 shares issued and outstanding as of March 31, 2019 and June 30, 2018, respectively |
| 11,400 |
|
| 9,900 |
Additional paid in capital |
| 9,707,485 |
|
| 237,246 |
Retained earnings |
| 347,890 |
|
| 142,819 |
Accumulated other comprehensive income |
| 36,473 |
|
| 7,950 |
Total Stockholders' Equity attributable to the Company |
| 10,103,748 |
|
| 398,415 |
Noncontrolling interest |
| 32,385 |
|
| - |
Total Stockholders’ Equity |
| 10,136,133 |
|
| 398,415 |
Total Liabilities and Stockholders’ Equity | $ | 19,341,676 |
| $ | 1,324,207 |
IONIX TECHNOLOGY, INC.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Unaudited)
|
| For the Three Months Ended |
| For the Nine Months Ended |
|
| March 31, |
| March 31, |
|
| 2019 |
| 2018 |
| 2019 |
| 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues - Non-related parties | $ | 2,597,052 |
| $ | 1,054,933 |
| $ | 7,301,591 |
| $ | 2,187,418 |
|
Revenues - Related parties |
| - |
|
| - |
|
| 115,897 |
|
| - |
|
Total Revenues |
| 2,597,052 |
|
| 1,054,933 |
|
| 7,417,488 |
|
| 2,187,418 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of revenues - Non-related parties |
| 1,913,214 |
|
| 38,725 |
|
| 2,955,038 |
|
| 152,628 |
|
- Related parties |
| 111,116 |
|
| 906,924 |
|
| 3,305,275 |
|
| 1,785,595 |
|
Total Cost of Revenues |
| 2,024,330 |
|
| 945,649 |
|
| 6,260,313 |
|
| 1,938,223 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross profit |
| 572,722 |
|
| 109,284 |
|
| 1,157,175 |
|
| 249,195 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expense |
| 550,965 |
|
| 57,927 |
|
| 846,871 |
|
| 188,955 |
|
Total operating expenses |
| 550,965 |
|
| 57,927 |
|
| 846,871 |
|
| 188,955 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from operations |
| 21,757 |
|
| 51,357 |
|
| 310,304 |
|
| 60,240 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
|
|
Other income |
| 50,736 |
|
| - |
|
| 68,424 |
|
| - |
|
Interest expense, net of interest income |
| (34,412) |
|
| - |
|
| (34,412) |
|
| - |
|
Total other income |
| 16,324 |
|
| - |
|
| 34,012 |
|
| - |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income before income tax provision |
| 38,081 |
|
| 51,357 |
|
| 344,316 |
|
| 60,240 |
|
Income tax provision |
| 17,017 |
|
| 6,197 |
|
| 139,245 |
|
| 15,570 |
|
Net income |
| 21,064 |
|
| 45,160 |
|
| 205,071 |
|
| 44,670 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income |
|
|
|
|
|
|
|
|
|
|
|
|
Foreign currency translation adjustment |
| 56,484 |
|
| 10,758 |
|
| 28,523 |
|
| 19,377 |
|
Comprehensive income | $ | 77,548 |
| $ | 55,918 |
| $ | 233,594 |
| $ | 64,047 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income Per Share - Basic and Diluted | $ | 0.00 |
| $ | 0.00 |
| $ | 0.00 |
| $ | 0.00 |
|
Weighted average number of common shares outstanding - Basic and Diluted |
| 114,003,000 |
|
| 99,003,000 |
|
| 104,148,985 |
|
| 99,003,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IONIX TECHNOLOGY, INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
|
|
| For the Nine Months Ended
March 31, |
|
CASH FLOWS FROM OPERATING ACTIVITIES | 2019 |
| 2018 |
|
Net income |
| $ | 205,071 | $ | 44,670 |
|
Adjustments required to reconcile net income to net cash provided by (used
in) operating activities: |
Depreciation and amortization |
|
| 184,172 |
| - |
|
Deferred taxes |
|
| (15,732) |
| - |
|
Changes in operating assets and liabilities: |
|
Accounts receivable - non related parties | 593,935 |
| 250,770 |
|
Accounts receivable - related parties | (22,607) |
| - |
|
Inventory | (774,776) |
| (96,298) |
|
Advances to suppliers - non-related parties | 13,826 |
| 122,315 |
|
Advances to suppliers - related parties | (114,802) |
| (234,503) |
|
Prepaid expenses and other current assets | (75,559) |
| (10,570) |
|
Accounts payable - non-related parties | (645,258) |
| 113,062 |
|
Accounts payable - related parties | (198,782) |
| (67,397) |
|
Advance from customers | (61,014) |
| 29,477 |
|
Accrued expenses and other current liabilities | 10,938 |
| (44,979) |
|
Net cash provided by (used in) operating activities | (900,588) |
| 106,547 |
|
|
|
|
|
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
|
|
Other receivables | - |
| 153,292 |
|
Acquisition of property, plant and equipment | (38,375) |
| - |
|
Cash received from acquisition | 687,591 |
| - |
|
Net cash provided by investing activities | 649,216 |
| 153,292 |
|
|
|
|
|
|
CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
|
|
Notes receivable | 54,451 |
| - |
|
Return of capital to non-controlling interests | (58,155) |
| - |
|
Proceeds from (repayment of) loans from related parties | 591,766 |
| (94,920) |
|
Net cash provided by (used in) financing activities | 588,062 |
| (94,920) |
|
|
|
|
|
|
Effect of exchange rate changes on cash | 46,668 |
| 18,676 |
|
|
|
|
|
|
Net increase in cash | 383,358 |
| 183,595 |
|
|
|
|
|
|
Cash, beginning of period | 111,462 |
| 186,767 |
|
|
|
|
|
|
Cash, end of period | $ | 494,820 | $ | 370,362 |
|
|
|
|
|
|
Supplemental disclosure of cash flow information: |
|
|
|
|
Cash paid for income tax | $ | 144,124 | $ | 10,484 |
|
Cash paid for interests | $ | 35,250 | $ | - |
|
|
|
|
|
|
Non-cash investing activities |
|
|
|
|
Issuance of 15,000,000 shares of common stock in exchange for 95.14%
ownership rights of a variable interest entity | $ | 5,000,000 | $ | - |
|
Forgiveness of related party loan which converted to capital | $ | 4,471,739 | $ | - |
|
会员中心