Skip to content

Future FinTech Group Inc.: 10-Q filed 2023-11-20

What Future FinTech Group Inc. reported in its quarterly report filed 2023-11-20 (fiscal Q3 2023): 44 published measures, 125 facts as tagged in accession 0001213900-23-088731.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-20
Fiscal period
fiscal Q3 2023
Accession
0001213900-23-088731 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Future FinTech Group Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-09-3070,542,159USD
At 2022-12-3185,017,719USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-09-3012,031,551USD
At 2022-12-3119,332,078USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-09-3059,968,411USD
At 2022-12-3166,965,221USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-2,408,300USD92
2023-01-01 to 2023-09-30-6,056,768USD273
2022-07-01 to 2022-09-30-3,531,499USD92
2022-01-01 to 2022-09-30-8,165,053USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-07-01 to 2023-09-3023,753,725USD92
2023-01-01 to 2023-09-3030,956,681USD273
2022-07-01 to 2022-09-3011,959,019USD92
2022-01-01 to 2022-09-3022,843,661USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-09-30-2,914,830USD273
2022-01-01 to 2022-09-302,113,180USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-09-3013,642,001USD273
2022-01-01 to 2022-09-30-14,440,605USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-09-30-158,333,202USD
At 2022-12-31-152,276,434USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-07-01 to 2023-09-3014,645,653shares92
2023-01-01 to 2023-09-3014,645,653shares273
2022-07-01 to 2022-09-3014,214,832shares92
2022-01-01 to 2022-09-3014,214,832shares273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-07-01 to 2023-09-3014,687,761shares92
2023-01-01 to 2023-09-3014,687,761shares273
2022-07-01 to 2022-09-3014,772,623shares92
2022-01-01 to 2022-09-3014,772,623shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.16USD/shares92
2023-01-01 to 2023-09-30-0.41USD/shares273
2022-07-01 to 2022-09-30-0.25USD/shares92
2022-01-01 to 2022-09-30-0.57USD/shares273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.16USD/shares92
2023-01-01 to 2023-09-30-0.41USD/shares273
2022-07-01 to 2022-09-30-0.24USD/shares92
2022-01-01 to 2022-09-30-0.55USD/shares273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-07-01 to 2023-09-3010,735USD92
2023-01-01 to 2023-09-3072,287USD273
2022-07-01 to 2022-09-30201,437USD92
2022-01-01 to 2022-09-30513,178USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-09-304,627,438USD
At 2022-12-314,417,281USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-01-01 to 2022-09-302,172,990USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-2,586,081USD92
2023-01-01 to 2023-09-30-5,554,395USD273
2022-07-01 to 2022-09-30-4,639,308USD92
2022-01-01 to 2022-09-30-10,158,234USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-09-3050,660,364USD
At 2022-12-3165,050,379USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-09-3011,518,352USD
At 2022-12-3118,571,116USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-09-30352,251USD
At 2022-12-313,603,577USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2023-09-3013,976,084USD
At 2022-12-3113,976,084USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2023-09-30475,293USD
At 2022-12-31518,069USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-09-303,225,653USD
At 2022-12-317,796,672USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-07-01 to 2023-09-303,976,939USD92
2023-01-01 to 2023-09-309,412,057USD273
2022-07-01 to 2022-09-306,132,434USD92
2022-01-01 to 2022-09-3014,814,757USD273

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-07-01 to 2023-09-301,390,858USD92
2023-01-01 to 2023-09-303,857,662USD273
2022-07-01 to 2022-09-301,493,126USD92
2022-01-01 to 2022-09-304,656,523USD273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2022-01-01 to 2022-09-30137,187USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2023-07-01 to 2023-09-3016,799USD92
2023-01-01 to 2023-09-30341,888USD273
2022-07-01 to 2022-09-30790,922USD92
2022-01-01 to 2022-09-301,994,082USD273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-09-3014,645,653shares
At 2022-12-3114,645,653shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-09-3033,404,132USD
At 2022-12-3129,735,170USD
At 2022-09-3032,964,659USD
At 2021-12-3150,273,517USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-09-30222,751,657USD
At 2022-12-31222,751,657USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2023-09-3058,510,608USD
At 2023-06-3060,930,091USD
At 2022-12-3165,685,641USD
At 2022-09-3070,835,428USD
At 2022-06-3075,024,542USD
At 2021-12-3180,854,158USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-09-30802,980USD
At 2022-12-311,055,906USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-09-301,432,323USD
At 2022-12-311,327,762USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-09-30491,077USD
At 2022-12-31277,094USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-09-30475,293USD
At 2022-12-31518,069USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-09-302,212,105USD
At 2022-12-314,670,264USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-2,438,958USD92
2023-01-01 to 2023-09-30-6,268,184USD273
2022-07-01 to 2022-09-30-3,432,460USD92
2022-01-01 to 2022-09-30-8,155,624USD273

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-2,449,693USD92
2023-01-01 to 2023-09-30-6,234,991USD273
2022-07-01 to 2022-09-30-3,633,897USD92
2022-01-01 to 2022-09-30-8,668,956USD273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-2,378,090USD92
2023-01-01 to 2023-09-30-6,996,810USD273
2022-07-01 to 2022-09-30-5,366,456USD92
2022-01-01 to 2022-09-30-11,687,817USD273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2023-07-01 to 2023-09-303,829,628USD92
2023-01-01 to 2023-09-309,853,983USD273
2022-07-01 to 2022-09-303,558,700USD92
2022-01-01 to 2022-09-309,619,115USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-01-01 to 2023-09-30223,687USD273
2022-01-01 to 2022-09-30137,187USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-55,406USD92
2023-01-01 to 2023-09-30-1,617,355USD273
2022-07-01 to 2022-09-30780,229USD92
2022-01-01 to 2022-09-301,166,066USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-07-01 to 2023-09-30147,123USD92
2023-01-01 to 2023-09-30-713,789USD273
2022-07-01 to 2022-09-301,206,848USD92
2022-01-01 to 2022-09-302,002,610USD273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-01-01 to 2022-09-3056,610USD273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-09-30-4,571,019USD273
2022-01-01 to 2022-09-30-6,665,006USD273

Inspect the source

Entity
Future FinTech Group Inc. / CIK 0001066923
Captured
2026-09-20T05:19:00.473Z
SEC response SHA-256
0dad6829209dfc28936d7ce719ddc9fa56ada1709f7c7538e2d861ca3dbab63e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001066923.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))