$SGLA

Sino Green Land Corp.

CIK:0001433551|SEC Filings

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues	$ 1,422,451	$ 1,338,300
Cost of revenues	(2,073,261)	(2,593,124)
Gross loss	(650,810)	(1,254,824)
Operating expenses:
General and administrative expenses	(569,782)	(436,949)
Operating expenses	(569,782)	(436,949)
Loss from operations	(1,220,592)	(1,691,773)
Other income (expenses):
Gain on disposal of property, plant and equipment		4,211
Other income	4,438	1,309
Interest income	31	427
Interest expenses	(176,908)	(123,168)
Other expenses, net	(172,439)	(117,221)
Loss before income tax expense	(1,393,031)	(1,808,994)
Income tax expense
Net loss	(1,393,031)	(1,808,994)
Other comprehensive (loss):
Foreign currency translation loss	(101,541)	(25,521)
Total comprehensive loss	$ (1,494,572)	$ (1,834,515)
Loss per share
Basic loss per share	$ (0.009)	$ (0.011)
Diluted loss per share	$ (0.009)	$ (0.011)
Basic weighted average shares outstanding	161,918,478	161,809,738
Diluted weighted average shares outstanding	161,918,478	161,809,738

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities
Net loss	$ (1,393,031)	$ (1,808,994)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization expenses	27,485	25,612
Depreciation expenses	451,176	404,759
Gain on disposal of property, plant and equipment		(4,211)
Interest expenses	176,908	3,379
Provision for inventory write-down		119,886
Allowance for impairment of other receivables		5,912
Changes in operating assets and liabilities
Accounts receivable	(62,833)	57,703
Inventories	64,304	369,372
Prepaid expenses and other current assets	(26,980)	(1,291)
Accounts payable	386,831	(17,826)
Accrued liabilities and other payable	139,222	45,290
Contract liabilities	137,264	(45,562)
Net cash used in operating activities	(99,654)	(845,971)
Cash flows from investing activities
Acquisition of property, plant and equipment	(230,475)	(46,158)
Proceeds from disposal of property, plant and equipment		7,978
Net cash used in investing activities	(230,475)	(38,180)
Cash flows from financing activities
Payment of interest		(3,379)
Proceeds from issuance of Common stock	514,700
Proceeds from related parties	352,829	1,169,854
Payment on finance lease liabilities	(26,102)	(21,068)
Repayments of bank loan, interest and principal	(119,808)	(162,910)
Proceeds from short-term borrowing		41,723
Repayment of Short-term borrowings	(170,880)
Net cash provided by financing activities	550,739	1,024,220
Effect of exchange rate changes on cash and cash equivalents	(41,862)	(143,655)
Net changes in cash and cash equivalents	178,748	(3,586)
Cash and cash equivalents at the beginning of the year	25,272	28,858
Cash and cash equivalents at the end of the year	204,020	25,272
Supplemental cash flow information:
Interest paid	(93,289)	(123,168)
Income taxes paid
Supplemental non-cash information:
Related party loan converted to additional paid-in capital	$ 839,012

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Current assets
Cash and cash equivalents	$ 204,020	$ 25,272
Accounts receivable	82,850	19,035
Inventories	117,352	175,142
Prepaid expenses and other current assets	89,584	60,173
Total current assets	493,806	279,622
Non-current assets
Property, plant and equipment, net	4,033,862	4,099,211
Finance lease right-of-use assets	29,933	55,386
Total Non-current assets	4,063,795	4,154,597
Total Assets	4,557,601	4,434,219
Current liabilities
Accounts payable	1,224,542	805,084
Accrued liabilities and other payable	258,538	201,407
Contract liabilities	161,158	22,486
Amount due to the related parties	2,273,528	2,547,420
Loan from third party	833,619	750,000
Bank loan payable, current	86,453	79,860
Short-term borrowing	127,000	293,761
Finance lease liabilities, current	11,409	22,553
Total current liabilities	4,976,247	4,722,571
Non-current liabilities
Bank loan payable, non-current	2,103,448	2,082,377
Finance lease liabilities, non-current	13,425	23,930
Total non-current liabilities	2,116,873	2,106,307
Total Liabilities	7,093,120	6,828,878
Stockholders’ Deficit
Preferred Stock, $0.001 par value; 20,000,000 shares authorized; 1,784,178 shares issued and outstanding as of June 30, 2026 and 2025	1,784	1,784
Common Stock, $0.001 par value; 780,000,000 shares authorized; 162,093,238 and 161,809,738 shares issued and outstanding as of June 30, 2026 and 2025, respectively	162,093	161,810
Additional paid in capital	3,475,358	2,121,929
Accumulated other comprehensive (loss) income	(81,170)	20,371
Accumulated deficit	(6,093,584)	(4,700,553)
Total Stockholders’ Deficit	(2,535,519)	(2,394,659)
Total Liabilities and Stockholders’ Deficit	$ 4,557,601	$ 4,434,219