Zhongchao reported total assets of $24.15M and total liabilities of $1.55M for the quarter ended Dec 2025, down 1.1% year over year. This balance sheet covers 14 quarters of results from Dec 2018 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2018 | Dec2019 | Jun2020 | Dec2020 | Jun2021 | Dec2021 | Jun2022 | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash & EquivalentsCash & Equiv. | 7.92M | 7.83M | 16.71M | 15.07M | 12.66M | 13.91M | 11.48M | 11.52M | 11.29M | 7.55M | 6.28M | 7.84M | 8.91M | 8.10M |
| Short-term InvestmentsInvestments (Current) | 0.10M | 0.06M | 2.03M | 2.93M | 0.30M | 0.52M | 0.52M | 0.94M | 5.90M | 5.94M | 5.24M | 6.12M | 5.82M | |
| Cash & Current Investments | 8.02M | 7.89M | 16.71M | 17.11M | 15.60M | 14.21M | 12.01M | 12.04M | 12.22M | 13.45M | 12.22M | 13.08M | 15.03M | 13.92M |
| Receivables - NetNet Receivables | 1.99M | 5.08M | 8.38M | 10.32M | 10.42M | 9.22M | 9.68M | 6.77M | 3.36M | 2.55M | 2.76M | 4.68M | 3.47M | 2.78M |
| Receivables - OtherOther Receivables | 0.01M | 0.01M | 0.39M | 2.53M | 0.14M | 0.22M | 0.10M | 0.10M | ||||||
| Receivables | 1.99M | 5.09M | 8.39M | 10.32M | 10.42M | 9.61M | 12.22M | 6.91M | 3.36M | 2.77M | 2.76M | 4.78M | 3.47M | 2.88M |
| Inventory | 0.19M | 0.51M | 0.59M | 0.30M | 0.59M | |||||||||
| Prepaid Assets | 0.56M | 1.26M | 0.67M | 0.55M | 0.14M | 0.39M | 1.16M | 1.03M | 1.13M | 1.39M | 1.03M | 0.08M | 0.11M | 0.02M |
| Current Assets | 12.56M | 14.51M | 26.94M | 29.60M | 29.16M | 27.25M | 28.10M | 22.70M | 18.55M | 18.71M | 16.71M | 18.71M | 19.12M | 16.96M |
| Non-Current Assets | ||||||||||||||
| Construction in Progress | 0.50M | 1.59M | ||||||||||||
| Land & Improvements | -0.42M | 0.40M | 1.83M | 2.77M | ||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 0.67M | 1.89M | 1.93M | 2.00M | 2.81M | 3.92M | 3.60M | 3.89M | 2.39M | 3.22M | 5.07M | 5.87M | 5.88M | 5.88M |
| Long-Term Investments | -1.22M | 1.27M | -0.71M | 1.84M | 1.18M | 1.12M | 1.15M | 1.12M | 1.09M | 1.22M | 1.23M | |||
| Goodwill | 5.77M | 5.49M | 5.77M | |||||||||||
| Intangibles | 0.04M | 0.04M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M | 0.91M | 0.71M | 0.02M | 0.01M | 0.01M | 0.01M | 0.01M |
| Goodwill & Intangibles | 0.04M | 0.04M | 0.03M | 0.03M | 0.03M | 0.03M | 0.03M | 6.68M | 6.20M | 5.79M | 0.01M | 0.01M | 0.01M | 0.01M |
| Long-Term Deferred Tax | 0.38M | 0.69M | 0.84M | 0.80M | 1.29M | 2.18M | 2.11M | 1.86M | 0.51M | 0.36M | 0.42M | 0.12M | 0.04M | 0.04M |
| Other Non-Current Assets | 0.05M | 14.88M | 17.99M | 1.66M | 0.41M | 0.01M | 0.24M | 0.01M | 0.02M | 0.01M | 0.01M | |||
| Non-Current Assets | 1.48M | 3.23M | 3.44M | 5.22M | 7.59M | 9.01M | 10.55M | 15.91M | 11.97M | 5.71M | 7.33M | 7.18M | 7.19M | 7.18M |
| Assets | 14.05M | 17.74M | 30.38M | 34.82M | 36.75M | 36.27M | 38.65M | 38.61M | 30.53M | 24.42M | 24.03M | 25.88M | 26.31M | 24.15M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payables | 0.02M | 0.12M | 0.23M | 0.41M | 0.47M | 0.04M | 0.02M | 0.14M | 0.01M | 0.68M | 1.23M | 0.54M | 0.95M | 0.53M |
| Payables | 0.02M | 0.12M | 0.23M | 0.41M | 0.47M | 0.04M | 0.02M | 0.14M | 0.01M | 0.68M | 1.23M | 0.54M | 0.95M | 0.53M |
| Accumulated Expenses | 0.33M | 0.74M | 0.73M | 0.98M | 0.93M | 0.97M | 0.90M | 0.86M | 0.83M | 0.91M | 0.81M | 0.76M | 0.62M | 0.82M |
| Other Accumulated Expenses | 0.03M | 0.05M | 1.01M | 0.38M | 0.14M | 0.25M | 0.16M | |||||||
| Short term Debt | 0.73M | 0.60M | 0.76M | 0.56M | 0.48M | |||||||||
| Current Leases | 0.21M | 0.25M | 0.06M | 0.13M | 0.09M | 0.41M | 0.48M | 0.39M | 0.24M | 0.22M | 0.03M | 0.03M | 0.03M | |
| Current Taxes | 0.29M | 0.90M | 1.57M | 1.52M | 2.02M | 2.48M | 2.59M | 2.29M | 0.13M | 0.01M | 0.01M | |||
| Current Deferred Revenue | 0.55M | 0.32M | 0.01M | 0.01M | 0.08M | 0.01M | 0.03M | 0.40M | 0.38M | 0.84M | 0.51M | 0.20M | 0.75M | 0.15M |
| Curent Deferred Tax LiabilityCurent Deferred Tax | 0.41M | 0.32M | ||||||||||||
| Total Current Liabilities | 2.33M | 2.36M | 3.10M | 2.98M | 3.62M | 3.59M | 3.94M | 4.17M | 1.74M | 2.68M | 2.76M | 1.53M | 2.34M | 1.53M |
| Non-Current Liabilities | ||||||||||||||
| Non-Current Deffered Revenue | 0.33M | -1.72M | ||||||||||||
| Minority Interest | -0.03M | -0.05M | -0.06M | 0.05 | 3.09M | 2.88M | 3.03M | 3.05M | 3.31M | 3.48M | 3.97M | |||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.04M | 0.21M | 0.56M | 0.13M | 0.03M | 0.18M | 0.21M | 0.02M | ||||||
| Operating Leases | 0.25M | 0.02M | 0.06M | 0.01M | 0.11M | 1.45M | 1.22M | 1.06M | 0.57M | 0.52M | 0.02M | |||
| Other Non-Current Liabilities | 0.02M | 0.42M | 0.42M | 0.80M | 0.80M | 1.20M | 1.20M | 1.32M | 1.32M | 1.37M | 1.31M | 1.42M | 1.39M | 1.34M |
| Total Non-Current Liabilities | 2.64M | 1.98M | 2.70M | 2.18M | 2.83M | 3.10M | 4.18M | 4.28M | 2.04M | 2.01M | 2.00M | 0.31M | 1.17M | 0.21M |
| Total Liabilities | 2.66M | 2.40M | 3.12M | 2.98M | 3.63M | 4.30M | 5.38M | 5.60M | 3.35M | 3.38M | 3.31M | 1.73M | 2.56M | 1.55M |
| Shareholder's Equity | ||||||||||||||
| Total Debt | 0.73M | 0.60M | 0.76M | 0.56M | 0.48M | |||||||||
| Common Equity | 11.39M | 15.34M | 27.26M | 31.83M | 33.12M | 32.57M | 33.27M | 33.02M | 27.17M | 21.04M | 20.72M | 24.15M | 23.75M | 22.60M |
| Liabilities and Shareholders Equity | 14.05M | 17.74M | 30.38M | 34.82M | 36.75M | 36.27M | 38.65M | 38.61M | 30.53M | 24.42M | 24.03M | 25.88M | 26.31M | 24.15M |
| Retained Earnings | 0.10 | 12.04M | 22.75M | 22.78M | 22.86M | 22.99M | 24.92M | 25.00M | 25.06M | 25.13M | 25.16M | 29.06M | 29.08M | 34.48M |