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Green Giant Inc. (GGE) SEC Filing 10-Q Quarterly Report for the period ending Thursday, June 30, 2022

Green Giant Inc.

CIK: 1158420 Ticker: GGE

Exhibit 99.1

 

Green Giant Reports Second Quarter Results for the Fiscal Year 2022

 

 

Green Giant Inc. (NASDAQ: GGE) (the “Company”), a leading regional real estate developer headquartered in Hanzhong City, Shaanxi Province, China, today filed its financial results for the Second quarter of fiscal 2022 ended March 31, 2022 with the U.S. Securities and Exchange Commission. An electronic copy of the quarterly report on Form 10-Q can be accessed on the SEC's website at www.sec.gov.

 

Highlights for the Second Quarter of Fiscal 2022

 

1.Total revenues for the Second quarter of fiscal 2022 were approximately $4.3 million, decreased from approximately $18.3 million in the same period of last year.

 

2.Net income for the second quarter of fiscal 2022 totaled approximately $0.7 million, comparing to the net income of approximately $2.2 million in the same period of last year.

 

3.Basic and diluted net earnings per share attributable to shareholders for the second quarter of fiscal 2022 and 2021 were $0.01 and $0.10, respectively.

  


The following information was filed by Green Giant Inc. (GGE) on Monday, May 16, 2022 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Green Giant Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Inside Green Giant Inc.'s 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Stockholders' Equity
Unaudited Condensed Consolidated Statements Of Cash Flows
Unaudited Condensed Consolidated Statements Of Cash Flows (Parenthetical)
Unaudited Condensed Consolidated Statements Of Income And Comprehensive (Loss) Income
Commitments And Contingencies
Commitments And Contingencies (Details)
Common Stock
Common Stock (Details)
Common Stock - Securities Purchase Agreement (Details)
Construction Loans
Construction Loans (Tables)
Construction Loans - Additional Information (Details)
Construction Loans - Other Loans-Long Term Portion (Details)
Customer Deposits
Customer Deposits (Tables)
Customer Deposits - Additional Information (Details)
Customer Deposits - Customer Deposits From Pre-Sale Of Residential Units (Details)
Liquidity
Liquidity (Details)
Organization And Principal Activities
Prepayments For Energy Equipment
Prepayments For Energy Equipment (Details)
Real Estate Property Development Completed And Under Development
Real Estate Property Development Completed And Under Development (Tables)
Real Estate Property Development Completed And Under Development - Additional Information (Details)
Real Estate Property Development Completed And Under Development - Components Of Real Estate (Details)
Real Estate Property Development Completed And Under Development - Schedule Of Real Estate Property (Details)
Subsequent Events
Subsequent Events (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Additional Information (Details)
Summary Of Significant Accounting Policies - Currency Exchange Rate (Details)
Taxes
Taxes (Tables)
Taxes - Additional Information (Details)
Taxes - Components Of Income Tax Expenses (Details)
Taxes - Taxes Payable (Details)

Material Contracts, Statements, Certifications & more

Green Giant Inc. provided additional information to their SEC Filing as exhibits

Ticker: GGE
CIK: 1158420
Form Type: 10-Q Quarterly Report
Accession Number: 0001410578-22-002524
Submitted to the SEC: Mon Aug 15 2022 9:06:00 AM EST
Accepted by the SEC: Mon Aug 15 2022
Period: Thursday, June 30, 2022
Industry: Real Estate

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