Going-concern uncertainty
Recurring losses, negative operating cash flow, and current liabilities exceeding current assets raise doubt about continuity.
- Scope
- Company-wide
- Materiality
- high
Sino Green Land Corp.
Sino Green Land Corp. is a Nevada-incorporated U.S. company that has operated in wholesale distribution businesses over time, including premium fruits in China and, more recently, plastic recycle products sourced from third parties. The company’s reported activity reflects a small-scale trading and distribution model with cross-border elements and a history of changing business names and operating focus.
−96,2 %
−93,8 %
−135,2 %
−35,9 %
0.06
0.02
| % | |
|---|---|
| Plastic recycle products | 100% Wholesale resale of recycled plastic products sourced from third parties. |
| Historical fruit distribution | 0% Prior wholesale distribution of premium fruits in China. |
The company sells to wholesale buyers and trading counterparties that purchase recyclable materials or other...
- Wholesale buyers of recycled productsprimary
Buy plastic recycle products for resale or industrial use, typically on a spot basis.
- Third-party trading customerssecondary
Purchase sourced goods through short-term transactions rather than recurring contracts.
- Historical fruit distribution customersemerging
Earlier customer base for premium fruit wholesale in China.
Sino Green Land is a U.S.-incorporated company with reported business activity tied to China and other cross-border...
- •Incorporated in Nevada, United States
- •Historical wholesale activity in China
- •Cross-border sales expose the business to duties and customs delays
- •Foreign exchange controls can affect repatriation and pricing
The company’s near-term focus appears centered on maintaining trading activity in recycled products while managing...
01
Sustain trading volume in recycled productsshort-term
Revenue depends on continuing to source and resell product through third-party channels.
02
Secure external fundingshort-term
The company has disclosed going-concern uncertainty and needs capital to fund operations.
03
Reduce operational friction in cross-border trademedium-term
Import duties, customs inspection, and foreign exchange controls can disrupt sales and margins.
Sino Green Land faces substantial going-concern risk, reflecting recurring losses, negative operating cash flow, and a...
Material weaknesses in internal controls
Weak controls increase the chance of financial misstatement and reduce reporting reliability.
- Scope
- Financial reporting
- Materiality
- high
Customer retention and pricing pressure
Most customers are not under long-term agreements, so revenue depends on repeated spot transactions.
- Scope
- Wholesale sales
- Materiality
- high
Cross-border regulatory and logistics risk
Import duties, customs inspections, and changing regulations can alter costs and delay shipments.
- Scope
- International trade
- Materiality
- medium
Foreign exchange control risk
Changes in foreign exchange rules can affect borrowing, repatriation, and translated results.
- Scope
- Malaysia and other cross-border markets
- Materiality
- medium
Revenue recognition
Affects reported revenue and quarterly comparability
Allowance for doubtful accounts
Affects receivables and bad debt expense
Inventory valuation
Affects cost of revenues and gross profit
Goodwill and intangible impairment
Affects asset values and earnings
Lease accounting
Affects liabilities and operating cash flow classification
: 29.4.2026