Company research
Sino American Oil Co
CIK 1367408Updated Sep 26, 2026
Name history
RAPHAEL INDUSTRIES LTD. · through Oct 21, 2010
Filing activity
Latest filing
50 filings on record · REVOKED, 8-K, 10-Q, D, NT 10-Q, 10-K.
Recent filings
Show 5 more recent filings
Financials
FY 2022 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2011 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 0Source | 10Source | 1,069,048Source |
| Property, Plant and Equipment, NetUSD | — | — | 4,694Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 0Source | 10Source | 1,062,654Source |
| Assets, CurrentUSD | — | — | 1,062,654Source |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 875,555Source | 535,289Source | — |
| Stockholders’ equity: | |||
| Preferred Stock, Value, IssuedUSD | 0Source | 493Source | — |
| Common Stock, Value, IssuedUSD | 13,466Source | 11,394Source | 4,353Source |
| Additional Paid in CapitalUSD | 7,196,649Source | 2,091,470Source | 1,318,248Source |
| Retained Earnings (Accumulated Deficit)USD | -3,105,670Source | -2,658,636Source | -560,383Source |
| Stockholders' Equity Attributable to ParentUSD | -875,555Source | -535,279Source | 1,023,818Source |
| Liabilities and EquityUSD | 0Source | 10Source | 1,069,048Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 875,555Source | 535,289Source | 45,230Source |
| Accounts Payable, CurrentUSD | 105,317Source | 43,958Source | — |
| Additional Financial Items | |||
| Accrued Liabilities, CurrentUSD | 225,000Source | 135,000Source | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2011 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -447,034Source | -619,377Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation, Depletion and AmortizationUSD | — | — | 2,340Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 106,750Source | — | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts PayableUSD | 61,359Source | 43,958Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -95,795Source | -230,519Source | -101,234Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | -7,257Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 95,785Source | 230,529Source | 1,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -10Source | — | — |
| Supplemental disclosure of cash flow information: | |||
| Income Taxes Paid, NetUSD | 0Source | 0Source | — |
| Additional Financial Items | |||
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | 14,765Source |
| General and Administrative ExpenseUSD | 153,912Source | 126,042Source | 111,689Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -126,454Source |
| Income Tax Expense (Benefit)USD | 0Source | — | 1,707Source |
| Net Income (Loss) Attributable to ParentUSD | -447,034Source | -619,377Source | -126,454Source |
| Nonoperating Income (Expense)USD | -3,122Source | 117,267Source | — |
| Operating ExpensesUSD | 443,912Source | 736,644Source | — |
| Proceeds from Issuance of Common StockUSD | 0Source | 20,000Source | 1,000,000Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2011 |
|---|---|---|---|
| Total RevenueUSD | — | — | 205,242Source |
| Cost of Goods and Services SoldUSD | — | — | 106,710Source |
| Operating Income (Loss)USD | -443,912Source | -736,644Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -447,034Source | — | — |
| Income Tax Expense (Benefit)USD | 0Source | — | 1,707Source |
| Net Income (Loss) Attributable to ParentUSD | -447,034Source | -619,377Source | -126,454Source |
| Earnings Per Share, BasicUSD per share | 0Source | — | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 123,669,377Source | 4,982,315Source | 43,534,500Source |
| Additional Financial Items | |||
| Costs and ExpensesUSD | — | — | 126,454Source |
| General and Administrative ExpenseUSD | 153,912Source | 126,042Source | 111,689Source |
| Gross ProfitUSD | — | — | 98,532Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -126,454Source |
| Interest ExpenseUSD | 3,122Source | 2,095Source | — |
| Nonoperating Income (Expense)USD | -3,122Source | 117,267Source | — |
| Operating ExpensesUSD | 443,912Source | 736,644Source | — |
| Other Cost and Expense, OperatingUSD | — | — | 60,000Source |