v3.22.2.2
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
Common Stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Shareholders’ equity to Huadi International Group Co., Ltd.
Non- controlling interests
Statutory Surplus Reserve
Total
Balance at Sep. 30, 2020 $ 2,000 $ 22,531,620 $ (159,189) $ 3,189,856 $ 25,564,287 $ 224,413   $ 25,788,700
Balance (in Shares) at Sep. 30, 2020 10,000,000              
Stock offering, net of offering cost $ 625 21,679,716 21,679,716   21,679,716
Stock offering, net of offering cost (in Shares) 3,125,000              
Foreign currency translation gain 868,185 868,185 8,752   876,937
Net income 635,908 635,908 6,423   642,331
Balance at Mar. 31, 2021 $ 2,625 44,211,336 476,719 4,058,041 51,857,004 237,846   48,986,567
Balance (in Shares) at Mar. 31, 2021 13,125,000              
Balance at Sep. 30, 2021 $ 2,625 44,211,336 2,116,581 4,627,661 51,213,908 264,506 $ 255,705 51,478,414
Balance (in Shares) at Sep. 30, 2021 13,127,000              
Warrant exercise $ 13 (13)            
Warrant exercise (in Shares) 65,232              
Foreign currency translation gain       652,155 652,155 6,587   658,742
Net income     (9,058)   (9,058) (92)   (9,150)
Balance at Mar. 31, 2022 $ 2,638 $ 44,211,323 $ 2,107,523 $ 5,279,816 $ 51,857,005 $ 271,001 $ 255,705 $ 52,128,006
Balance (in Shares) at Mar. 31, 2022 13,192,232