Harden Technologies Inc.
CIK:0001873723|SEC Filings
Consolitdated Statement of Income and Comprehesive Income - USD ($) |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2023 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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| Revenue | |||||
| Total revenue | $ 21,141,677 | $ 30,616,040 | $ 31,606,067 | ||
| Cost of revenues | |||||
| Total cost of revenues | 14,827,833 | 21,839,009 | 21,962,617 | ||
| Gross Profit | 6,313,844 | 8,777,031 | 9,643,450 | ||
| Operating expenses: | |||||
| Selling | 3,727,839 | 4,247,353 | 3,704,183 | ||
| General and administrative | 1,308,430 | 1,349,911 | 2,057,553 | ||
| Research and development | 1,581,779 | 2,091,600 | 1,591,754 | ||
| Provision for credit losses | 44,465 | 583,877 | 828,761 | ||
| Total operating expenses | 6,662,513 | 8,272,741 | 8,182,251 | ||
| Income (loss) from operations | (348,669) | 504,290 | 1,461,199 | ||
| Other income (expense): | |||||
| Interest income | 26,864 | 10,847 | 14,498 | ||
| Interest expense | (160,629) | (306,141) | (45,650) | ||
| Other income, net | 1,008,079 | 635,219 | 344,003 | ||
| Total other income, net | 874,314 | 339,925 | 312,851 | ||
| Income before income taxes | 525,645 | 844,215 | 1,774,050 | ||
| Provision (benefit) for income taxes | (79,088) | (146,200) | 40,879 | ||
| Net income | 604,733 | 990,415 | 1,733,171 | ||
| Less: Net loss attributable to non-controlling interests | (5,117) | (39,075) | (33,474) | ||
| Net income attributable to the Company | 609,850 | 1,029,490 | 1,766,645 | ||
| Other comprehensive income (loss) | |||||
| Foreign currency translation adjustments | (299,149) | (787,376) | 198,574 | ||
| Comprehensive income | 305,584 | 203,039 | 1,931,745 | ||
| Less: Comprehensive loss attributable to non-controlling interests | (3,104) | (35,594) | (33,874) | ||
| Comprehensive income attributable to the Company | $ 308,688 | $ 238,633 | $ 1,965,619 | ||
| Earnings Per share – Basic (in Dollars per share) | $ 0.06 | $ 0.1 | $ 0.18 | ||
| Weighted Average Shares Outstanding – Basic (in Shares) | [1] | 10,000,000 | 10,000,000 | 9,986,575 | |
| Product sales | |||||
| Revenue | |||||
| Total revenue | $ 20,087,944 | $ 29,368,313 | $ 30,369,041 | ||
| Warranty service | |||||
| Revenue | |||||
| Total revenue | 1,053,733 | 1,247,727 | 1,237,026 | ||
| Cost of product sales | |||||
| Cost of revenues | |||||
| Total cost of revenues | 14,386,198 | 21,412,390 | 21,521,653 | ||
| Cost of warranty service | |||||
| Cost of revenues | |||||
| Total cost of revenues | $ 441,635 | $ 426,619 | $ 440,964 | ||
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