Overview
- IndustryAgricultural Production-Crops1
- HeadquartersHeilongjiang Province, China1
- Incorporated inNV3
- Business addressRoom 6504 Building 3, Kejichuangxincheng, Chuangxinchuangye Plaza, Harbin, Heilongjiang Province, F4 1500903
- Filer category, Emerging growth company3
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June 30, 2022, the Company had suspended the operations of Tianci Wanguan and on August 19, 2022, completed the divestment of Tianci Wanguan.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue22¢$184.3K
- Selling, general and admin78¢$668.7K
Out of $223.0K in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $378.9K6 | $1.1M7 | $237.5K8 | $126.9K9 | $310.6K2 | $223.0K2 | |
| Cost of revenue | $225.1K6 | $911.1K7 | $185.1K8 | $87.8K9 | $219.1K2 | $184.3K2 | |
| Gross profit | $153.8K6 | $212.2K7 | $52.4K8 | $39.2K9 | $91.6K2 | $38.7K2 | |
| Selling, general and admin | $1.1M2 | $668.7K2 | |||||
| Operating income | $15.2K6 | -$828.0K7 | -$505.1K8 | -$215.8K9 | -$1.1M2 | -$629.9K2 | |
| Income before tax | -$1.0M2 | -$627.5K2 | |||||
| Net income | $15.3K6 | -$824.6K7 | -$446.6K7 | -$931.2K9 | -$1.2M9 | -$559.1K2 | |
| Earnings per share | -$0.019 | -$0.012 | -$0.012 | ||||
| Earnings per share (diluted) | -$0.012 | -$0.012 | |||||
| Shares (weighted, basic) | 81.4M shares2 | 87.0M shares2 | |||||
| Shares (weighted, diluted) | 81.4M shares2 | 87.0M shares2 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $386 | $458.7K7 | $13.0K8 | $242.2K9 | $70.5K9 | $408.5K9 | $49.9K2 |
| Receivables | $2.5K2 | $14.4K2 | |||||
| Inventory | $205.9K2 | $149.8K2 | |||||
| Current assets | $1.4M6 | $669.7K7 | $923.0K8 | $215.3K9 | $765.7K2 | $237.6K2 | |
| Total assets | $1.8M6 | $950.6K7 | $2.9M8 | $233.6K9 | $765.7K2 | $237.6K2 | |
| Current liabilities | $1.1M6 | $381.5K7 | $604.3K8 | $360.5K9 | $461.8K2 | $214.4K2 | |
| Total liabilities | $1.1M6 | $381.5K7 | $2.0M8 | $360.5K9 | $461.8K2 | $214.4K2 | |
| Retained earnings | -$3.8M2 | -$4.4M2 | |||||
| Shareholders’ equity | $418.9K6 | $217.0K6 | $565.3K7 | $881.9K8 | -$126.8K9 | $373.2K2 | $23.2K2 |
| Shares outstanding | 10.0M shares6 | 11.2M shares6 | 11.7M shares7 | 16.2M shares8 | 93.5M shares9 | 93.7M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $172.2K6 | -$472.7K7 | -$524.9K8 | -$44.4K9 | -$645.7K2 | -$372.5K2 | |
| Depreciation and amortization | $1789 | ||||||
| Stock-based compensation | $759.0K9 | $17.0K2 | |||||
| Capital spending | $10.8K7 | $1.3K8 | |||||
| Free cash flow | -$483.5K | -$526.3K | |||||
| Cash from investing | -$2882 | ||||||
| Cash from financing | $920.0K2 | $41.9K2 |
Corporate structure
Organic Agricultural Co Ltd sits at the top of its group. 4 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Organic Agricultural Co Ltd
- Zhiwei Wu Filed SC 13D on Organic Agricultural Co Ltd, latest Mar 20, 2024
- Organic Agricultural Co Ltd Heilongjiang Province, China
- Heilongjiang Tianci Liangtian Agricultural Technology Development Company Limited Subsidiary · China
- Heilongjiang Yuxinqi Agricultural Technology Development Company Limited Subsidiary · China
- Organic Agricultural (Samoa) Co., Ltd. Subsidiary · Samoa
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Organic Agricultural Co Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $408.5K9 Mar 31, 2022 | $70.5K9 Mar 31, 2021 | +479.3% |
Inventory
Leadership
Who has led Organic Agricultural Co Ltd, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerZhiwei Wu Mar 20, 2024 to Mar 20, 202412
- PresidentZhenai Shen Mar 20, 2024 to Mar 20, 202413
- Chief financial officerXiuxia Sun Mar 21, 2024 to Mar 21, 202414
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Heilongjiang Tianci Liangtian Agricultural Technology Development Company Limited China4
- Heilongjiang Yuxinqi Agricultural Technology Development Company Limited China4
- Organic Agricultural (Samoa) Co., Ltd. Samoa4
- Organic Agricultural Company Limited Hong Kong4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jun 20, 20248-K Executive or director change16
- Jun 3, 20248-K Change of auditor17
- Mar 20, 2024New chief executive Zhiwei Wu becomes CEO12
- Mar 11, 20248-K Change in control18
- Feb 1, 20248-K Ended a material agreement; Executive or director change19
- Jan 24, 20248-K Change of auditor20
- Jan 3, 20248-K Executive or director change21
- Dec 13, 20238-K Executive or director change22
- Oct 25, 20238-K Entered a material agreement23
- Jan 10, 20238-K Entered a material agreement24
- Dec 1, 20228-K Unregistered sale of shares25
- Aug 23, 20228-K Ended a material agreement26
- Jan 25, 20228-K Executive or director change27
Filings
36 filings to the SEC since October 2021: 2 annual reports, 8 quarterly reports, 13 major events, 4 insider forms, 1 large holders, 8 other. The latest 20:
- Jul 1, 2024NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Jun 20, 20248-K CURRENT REPORT EDGAR
- Jun 3, 20248-K CURRENT REPORT EDGAR
- Mar 21, 20243 PRIMARY DOCUMENT EDGAR
- Mar 20, 20243 PRIMARY DOCUMENT EDGAR
- Mar 20, 20243 PRIMARY DOCUMENT EDGAR
- Mar 20, 20243 PRIMARY DOCUMENT EDGAR
- Mar 20, 2024SC 13D SCHEDULE 13D EDGAR
- Mar 11, 20248-K CURRENT REPORT EDGAR
- Mar 4, 202410-Q QUARTERLY REPORT EDGAR
- Feb 15, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Feb 8, 202410-Q QUARTERLY REPORT EDGAR
- Feb 1, 20248-K CURRENT REPORT EDGAR
- Jan 24, 20248-K CURRENT REPORT EDGAR
- Jan 3, 20248-K CURRENT REPORT EDGAR
- Dec 13, 20238-K CURRENT REPORT EDGAR
- Dec 8, 202310-Q QUARTERLY REPORT EDGAR
- Nov 17, 202310-K ANNUAL REPORT EDGAR
- Oct 25, 20238-K CURRENT REPORT EDGAR
- Jun 29, 2023NT 10-K NOTIFICATION OF LATE FILING EDGAR
The 36 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
SEC filer profile
How Organic Agricultural Co Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROrganic Agricultural Co Ltd1
- CIK0001749849
- Employer ID (EIN)82-54420971
- Filer status<br>emerging growth company1
- Incorporated inNevada1
- Fiscal year endsMarch 311
- Industry code (SIC)0100 Agricultural Production-Crops1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business addressRoom 6504 Building 3, Kejichuangxincheng, Chuangxinchuangye Plaza, Harbin, Heilongjiang Province, F4 1500901
- Phone86 0451 515270011
- Shares outstanding92,726,994 as of Mar 4, 202411
- Public float$0 as of Sep 30, 20222
- On EDGAR sinceAug 13, 20181
- Filings77 in all: 8-K (22), 10-Q (17), NT 10-Q (7), 10-K (5), NT 10-K (5), 3 (4), CORRESP (4), UPLOAD (3)1
All 15 form types
EFFECT (2), S-1 (2), S-1/A (2), 8-A12G (1), 8-K/A (1), PRE 14C (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Nov 17, 2023
Quarterly report (10-Q) Mar 4, 2024
Latest 8-K (8-K) Jun 20, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARZhiwei Wu, Chief executive officer
- 13SEC EDGARZhenai Shen, President
- 14SEC EDGARXiuxia Sun, Chief financial officer
- 15SEC EDGARNana Kang, Board member
- 16SEC EDGARExecutive or director change
- 17SEC EDGARChange of auditor
- 18SEC EDGARChange in control
- 19
- 20SEC EDGARChange of auditor
- 21SEC EDGARExecutive or director change
- 22SEC EDGARExecutive or director change
- 23SEC EDGAREntered a material agreement
- 24SEC EDGAREntered a material agreement
- 25SEC EDGARUnregistered sale of shares
- 26SEC EDGAREnded a material agreement
- 27SEC EDGARExecutive or director change
- 28