10-K
Annual Report
AGAPE ATP CORPORATION
ATPC
NASDAQ
CIK: 1713210
File #: 001-41835
Balance Sheet
65 line items · 2 periods
XBRL
| Item | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and cash equivalents | 2,040,243 | 4,832,460 |
Variable Interest Entity, Primary Beneficiary | 1,139 | 122 |
Accounts Receivable | 53,651 | 55,458 |
Nonrelated Party | 2,544 | 435 |
Related Party | 2,312 | 11,093 |
Inventory | 46,347 | 47,907 |
Other Non-Operating Current Assets | 45,426 | 21,993 |
Variable Interest Entity, Primary Beneficiary | 0 | 1,670 |
Other Non-Operating Current Assets | 586,172 | 215,806 |
Variable Interest Entity, Primary Beneficiary | 7 | 7 |
Total Current Assets | 2,776,695 | 5,185,152 |
Variable Interest Entity, Primary Beneficiary | 1,146 | 1,799 |
NON-CURRENT ASSETS | ||
Property, Plant and Equipment | 31,463 | 77,858 |
Intangible Assets | 13,082 | 17,458 |
Finance lease assets | 178,948 | 86,335 |
Operating Lease Right-of-Use Asset | 224,595 | 357,301 |
Other Non-Operating Non-Current Assets | 13,737 | 20,171 |
Investment in non-marketable securities | 1,500 | — |
Deferred Tax Assets, Non-Current | — | 219 |
Total Non-Current Assets | 463,325 | 559,342 |
TOTAL ASSETS | 3,240,020 | 5,744,494 |
Skin Care Health And Wellness Segment | 807,394 | 937,167 |
Green Energy Segment | 95,487 | — |
Others Segment | 2,337,138 | 4,807,327 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Nonrelated Party | 102,798 | 55,585 |
Related Party | 30,625 | 34,848 |
CTA Nutriceuticals Sdn Bhd | 30,554 | 30,439 |
DSY Beauty Sdn Bhd | 71 | 54 |
Chew Yi Zheng | — | 4,355 |
Other Current Liabilities | 96,976 | 101,575 |
Operating Lease Liability, Current | 150,370 | 138,548 |
Other Non-Operating Current Liabilities | 712,436 | 726,061 |
Variable Interest Entity, Primary Beneficiary | 1,478 | 899 |
Related Party | 850 | 7,846 |
Short-Term Debt | 21,635 | 7,075 |
Taxes Payable | 4,434 | — |
Total Current Liabilities | 1,120,124 | 1,071,538 |
Variable Interest Entity, Primary Beneficiary | 1,478 | 899 |
NON-CURRENT LIABILITIES | ||
Operating Lease Liability, Non-Current | 75,425 | 219,530 |
Long-Term Debt | 115,350 | 72,563 |
Total Non-Current Liabilities | 190,775 | 292,093 |
TOTAL LIABILITIES | 1,310,899 | 1,363,631 |
STOCKHOLDERS’ EQUITY | ||
Total Stockholders' Equity | 399 | 386 |
Total Stockholders' Equity | 11,422,708 | 11,386,055 |
Treasury Stock, par value $0.0001; 0 and 6,765 shares as of December 31, 2024 and 2023, respectively. | — | 1 |
Total Stockholders' Equity | (9,518,045) | (7,047,571) |
Total Stockholders' Equity | 27,852 | 30,215 |
TOTAL AGAPE CORPORATION STOCKHOLDERS’ EQUITY | 1,932,914 | 4,369,084 |
Variable Interest Entity, Primary Beneficiary | (332) | 900 |
Noncontrolling Interest | (3,793) | 11,779 |
TOTAL EQUITY | 1,929,121 | 4,380,863 |
Common Stock | 399 | 386 |
Treasury Stocks | — | (1) |
Additional Paid-in Capital | 11,422,708 | 11,386,055 |
Retained Earnings | (9,518,045) | (7,047,571) |
AOCI Attributable to Parent | 27,852 | 30,215 |
Noncontrolling Interest | (3,793) | 11,779 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 3,240,020 | 5,744,494 |