ForceField Energy Inc.: 10-K filed 2012-04-16

Name: ForceField Energy Inc.: 10-K filed 2012-04-16
Creator: ForceField Energy Inc.
License: https://creativecommons.org/licenses/by/4.0/

What ForceField Energy Inc. reported in its annual report filed 2012-04-16 (fiscal FY 2011): 32 published measures, 98 facts as tagged in accession 0001354488-12-001890.

This filing

Form: 10-K (annual report)
Filed: 2012-04-16
Fiscal period: fiscal FY 2011
Accession: 0001354488-12-001890 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All ForceField Energy Inc. filings.

Reported measures

Total assets

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

Period	Value	Unit
At 2011-12-31	18,025,710	USD
At 2011-05-31	22,582,567	USD
At 2010-05-31	598,468	USD

Total liabilities

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

Period	Value	Unit
At 2011-12-31	10,358,597	USD
At 2011-05-31	12,673,086	USD
At 2010-05-31	386,190	USD

Stockholders equity

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

Period	Value	Unit
At 2011-12-31	5,463,775	USD
At 2011-05-31	3,934,241	USD
At 2010-05-31	212,278	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2011-12-31	674,291	USD
At 2011-05-31	640,880	USD
At 2010-05-31	598,468	USD
At 2009-05-31	4,190	USD

Net income or loss

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-3,590,085	USD	214
2010-06-01 to 2011-05-31	-152,567	USD	365
2009-06-01 to 2010-05-31	-621,835	USD	365

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-245,246	USD	214
2010-06-01 to 2011-05-31	-1,205,132	USD	365
2009-06-01 to 2010-05-31	-631,203	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	470,310	USD	214
2010-06-01 to 2011-05-31	184,725	USD	365
2009-06-01 to 2010-05-31	0	USD	365

Financing cash flow

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	1,090,500	USD	214
2010-06-01 to 2011-05-31	948,599	USD	365
2009-06-01 to 2010-05-31	1,225,481	USD	365

Investing cash flow

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-827,035	USD	214
2010-06-01 to 2011-05-31	287,826	USD	365
2009-06-01 to 2010-05-31	0	USD	365

Retained earnings or deficit

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

Period	Value	Unit
At 2011-12-31	-3,701,526	USD
At 2011-05-31	-1,253,344	USD
At 2010-05-31	-833,798	USD

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.

Period	Value	Unit
At 2011-12-31	7,890,132	USD
At 2011-05-31	7,559,369	USD
At 2010-05-31	0	USD

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.

Period	Value	Unit
At 2011-12-31	5,872,296	USD
At 2011-05-31	7,214,349	USD
At 2010-05-31	598,468	USD

Current liabilities

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

Period	Value	Unit
At 2011-12-31	10,258,597	USD
At 2011-05-31	12,673,086	USD
At 2010-05-31	386,190	USD

Current accounts payable

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

Period	Value	Unit
At 2011-12-31	3,333,500	USD
At 2011-05-31	5,320,381	USD
At 2010-05-31	149,538	USD

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.

Period	Value	Unit
At 2011-12-31	608,953	USD
At 2011-05-31	3,357,277	USD
At 2010-05-31	0	USD

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.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	5,880,360	USD	214
2010-06-01 to 2011-05-31	1,934,129	USD	365
2009-06-01 to 2010-05-31	621,835	USD	365

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit
At 2011-12-31	657,287	USD
At 2011-05-31	563,579	USD
At 2010-05-31	0	USD

Gross profit

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	2,208,703	USD	214
2010-06-01 to 2011-05-31	2,037,789	USD	365
2009-06-01 to 2010-05-31	0	USD	365

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.

Period	Value	Unit
At 2011-12-31	30,005,628	shares
At 2011-05-31	29,436,928	shares
At 2010-05-31	27,312,500	shares

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.

Period	Value	Unit
At 2011-12-31	8,855,271	USD
At 2011-05-31	5,057,252	USD
At 2010-05-31	1,018,764	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit
At 2011-12-31	280,024	USD
At 2011-05-31	100,896	USD
At 2010-05-31	0	USD

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.

Period	Value	Unit
At 2011-12-31	7,667,113	USD
At 2011-05-31	7,201,993	USD
At 2010-05-31	212,278	USD
At 2009-05-31	-160,387	USD

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.

Period	Value	Unit
At 2011-12-31	3,142,997	USD
At 2011-05-31	3,025,489	USD
At 2010-05-31	0	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit
At 2011-12-31	373,802	USD
At 2011-05-31	256,444	USD
At 2010-05-31	0	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit
At 2011-12-31	207,837	USD
At 2011-05-31	399,086	USD
At 2010-05-31	0	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-2,448,182	USD	214
2010-06-01 to 2011-05-31	-419,546	USD	365
2009-06-01 to 2010-05-31	-621,835	USD	365

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.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	2,606,566	USD	214
2010-06-01 to 2011-05-31	1,315,137	USD	365
2009-06-01 to 2010-05-31	40,854	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-81,572	USD	214
2010-06-01 to 2011-05-31	256,227	USD	365
2009-06-01 to 2010-05-31	0	USD	365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	1,021,500	USD	214
2010-06-01 to 2011-05-31	1,279,800	USD	365
2009-06-01 to 2010-05-31	1,105,000	USD	365

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.

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	991,789	USD	214
2010-06-01 to 2011-05-31	-2,644,763	USD	365
2009-06-01 to 2010-05-31	0	USD	365

Change in inventories

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-158,368	USD	214
2010-06-01 to 2011-05-31	-83,052	USD	365
2009-06-01 to 2010-05-31	0	USD	365

Change in accounts payable

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

Period	Value	Unit	Days
2011-06-01 to 2011-12-31	-2,105,242	USD	214
2010-06-01 to 2011-05-31	2,198,486	USD	365
2009-06-01 to 2010-05-31	5,797	USD	365

Inspect the source

Entity: ForceField Energy Inc. / CIK 0001407268
Captured: 2026-09-22 19:47 UTC
SEC response SHA-256: 10333c2956e8571d2183fd0756719855c43f9a2d3a6a0fa74196380bb6ec1480

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import json
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with urlopen("https://canlicapital.com/company-data/0001407268.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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