10-K Filing

ZHEN DING RESOURCES INC. CIK: 1594204 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001214659-18-002727`
Period End Date	20171231
Filing Date	20180411
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	rbtk-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 30 Cash Flow Statement 28 Stockholders Equity 10

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.32K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.92K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	63.97M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.67K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	63.97M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	63.97M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$7.67K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.92K	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	63.97M	shares	Point-in-time
Total assets	`Assets`	$7.67K	USD	Point-in-time
Total assets	`Assets`	$6.92K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$313.79K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$305.80K	USD	Point-in-time
Accounts payable and accrued liabilities - related parties	`AccountsPayableRelatedPartiesCurrent`	$3.48M	USD	Point-in-time
Accounts payable and accrued liabilities - related parties	`AccountsPayableRelatedPartiesCurrent`	$2.74M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$144.93K	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$154.62K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$799.28K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrent`	$749.22K	USD	Point-in-time
Short-term debt - related parties	`ShortTermBorrowings`	$3.94M	USD	Point-in-time
Short-term debt - related parties	`ShortTermBorrowings`	$3.64M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$7.58M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.69M	USD	Point-in-time
Common stock, 150,000,000 authorized, $0.0001 par value, 63,968,798 shares issued and outstanding	`CommonStockValue`	$6.40K	USD	Point-in-time
Common stock, 150,000,000 authorized, $0.0001 par value, 63,968,798 shares issued and outstanding	`CommonStockValue`	$6.40K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.76M	USD	Point-in-time
Subscriptions receivables	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$5.43K	USD	Point-in-time
Subscriptions receivables	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$5.43K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$524.80K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$193.80K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-18.53M	USD	Point-in-time
Total deficit attributable to Zhen Ding Resources Inc.	`StockholdersEquity`	$-6.05M	USD	Point-in-time
Total deficit attributable to Zhen Ding Resources Inc.	`StockholdersEquity`	$-5.24M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-2.33M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-2.62M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.57M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.38M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.68M	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$6.92K	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$7.67K	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`SellingGeneralAndAdministrativeExpense`	$71.32K	USD	Annual
General and administrative	`SellingGeneralAndAdministrativeExpense`	$115.37K	USD	Annual
Total operating expenses	`OperatingExpenses`	$71.32K	USD	Annual
Total operating expenses	`OperatingExpenses`	$115.37K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-71.32K	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-115.37K	USD	Annual
Interest expenses	`InterestExpense`	$540.23K	USD	Annual
Interest expenses	`InterestExpense`	$562.59K	USD	Annual
Other income (expenses)	`OtherNonoperatingExpense`	$899.00	USD	Annual
Other income (expenses)	`OtherNonoperatingExpense`	$-458.00	USD	Annual
Net loss	`ProfitLoss`	$-633.44K	USD	Annual
Net loss	`ProfitLoss`	$-656.50K	USD	Annual
Loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-160.89K	USD	Annual
Loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-152.70K	USD	Annual
Net loss attributable to Zhen Ding Resources Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-480.75K	USD	Annual
Net loss attributable to Zhen Ding Resources Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-495.61K	USD	Annual
Basic and diluted loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	Annual
Basic and diluted loss per common share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.01	USD	Annual
Basic and diluted weighted average number of common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	63.97M	shares	Annual
Basic and diluted weighted average number of common shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	63.97M	shares	Annual
Net loss	`NetIncomeLoss`	$-633.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-656.50K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-462.74K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$472.86K	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-193.76K	USD	Annual
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.11M	USD	Annual
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-22.07K	USD	Annual
Comprehensive loss attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-294.55K	USD	Annual
Comprehensive loss attributable to Zhen Ding Resources Inc.	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-171.69K	USD	Annual
Comprehensive loss attributable to Zhen Ding Resources Inc.	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-811.75K	USD	Annual

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-633.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-656.50K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.57K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.61K	USD	Annual
Accounts payable and accrued liabilities - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$541.93K	USD	Annual
Accounts payable and accrued liabilities - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$562.59K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-117.18K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-81.43K	USD	Annual
Net change in advances from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$38.75K	USD	Annual
Net change in advances from related parties	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-45.00	USD	Annual
Proceeds from borrowings on short-term debt - related parties	`ProceedsFromRelatedPartyDebt`	$82.18K	USD	Annual
Proceeds from borrowings on short-term debt - related parties	`ProceedsFromRelatedPartyDebt`	$81.07K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$119.82K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$82.14K	USD	Annual
Foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$40.00	USD	Annual
Foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$-46.00	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.60K	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$751.00	USD	Annual
Cash and cash equivalents - beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$4.32K	USD	Point-in-time
Cash and cash equivalents - beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$6.92K	USD	Point-in-time
Cash and cash equivalents - beginning of the year	`CashAndCashEquivalentsAtCarryingValue`	$7.67K	USD	Point-in-time
Cash and cash equivalents - end of the year	`CashAndCashEquivalentsAtCarryingValue`	$4.32K	USD	Point-in-time
Cash and cash equivalents - end of the year	`CashAndCashEquivalentsAtCarryingValue`	$6.92K	USD	Point-in-time
Cash and cash equivalents - end of the year	`CashAndCashEquivalentsAtCarryingValue`	$7.67K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for income tax	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for income tax	`IncomeTaxesPaidNet`	-	USD	Annual

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Balances at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.57M	USD	Point-in-time
Balances at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.38M	USD	Point-in-time
Balances at beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.68M	USD	Point-in-time
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-472.86K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$462.74K	USD	Annual
Net loss	`NetIncomeLoss`	$-633.44K	USD	Annual
Net loss	`NetIncomeLoss`	$-656.50K	USD	Annual
Balances at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.57M	USD	Point-in-time
Balances at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-7.38M	USD	Point-in-time
Balances at ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-8.68M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.