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FORTUNE VALLEY TREASURES, INC.: 10-Q filed 2019-11-14

What FORTUNE VALLEY TREASURES, INC. reported in its quarterly report filed 2019-11-14 (fiscal Q3 2019): 32 published measures, 89 facts as tagged in accession 0001493152-19-017411.

This filing

Form
10-Q (quarterly report)
Filed
2019-11-14
Fiscal period
fiscal Q3 2019
Accession
0001493152-19-017411 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 FORTUNE VALLEY TREASURES, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2019-09-30346,547USD
At 2018-12-31348,114USD

Total liabilities

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

PeriodValueUnitDays
At 2019-09-301,049,897USD
At 2018-12-31735,342USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-09-30-703,350USD
At 2018-12-31-387,228USD
At 2018-06-30-289,992USD
At 2017-12-31-131,482USD
At 2017-05-31-64,637USD

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.

PeriodValueUnitDays
At 2019-09-3038,206USD
At 2018-12-3129,999USD

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
2019-07-01 to 2019-09-30-78,843USD92
2019-01-01 to 2019-09-30-321,839USD273
2018-07-01 to 2018-12-31-262,424USD184
2018-07-01 to 2018-09-30-36,067USD92
2018-01-01 to 2018-09-30-197,633USD273
2017-06-01 to 2017-12-31-187,496USD214

Operating cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-09-30-205,921USD273
2018-01-01 to 2018-09-30-152,015USD273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-07-01 to 2019-09-3095,578USD92
2019-01-01 to 2019-09-30179,534USD273
2018-07-01 to 2018-09-3045,454USD92
2018-01-01 to 2018-09-3073,427USD273

Financing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-09-30215,027USD273
2018-01-01 to 2018-09-30109,858USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-09-30-1,029,935USD
At 2018-12-31-708,097USD

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
2019-01-01 to 2019-09-30-84USD273
2018-07-01 to 2018-09-302,854USD92
2018-01-01 to 2018-09-302,854USD273

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 2019-09-308,755USD
At 2018-12-319,809USD

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
2019-07-01 to 2019-09-30-78,700USD92
2019-01-01 to 2019-09-30-323,986USD273
2018-07-01 to 2018-09-30-38,830USD92
2018-01-01 to 2018-09-30-201,871USD273

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 2019-09-30209,132USD
At 2018-12-31338,305USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-07-01 to 2019-09-30100USD92
2019-01-01 to 2019-09-30371USD273
2018-07-01 to 2018-09-3091USD92
2018-01-01 to 2018-09-3091USD273

Current liabilities

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

PeriodValueUnitDays
At 2019-09-30938,203USD
At 2018-12-31735,342USD

Net inventory

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

PeriodValueUnitDays
At 2019-09-30100,531USD
At 2018-12-31236,175USD

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
2019-07-01 to 2019-09-3019,783USD92
2019-01-01 to 2019-09-3042,064USD273
2018-07-01 to 2018-09-3025,616USD92
2018-01-01 to 2018-09-3036,456USD273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2019-07-01 to 2019-09-3075,795USD92
2019-01-01 to 2019-09-30137,470USD273
2018-07-01 to 2018-09-3019,838USD92
2018-01-01 to 2018-09-3036,971USD273

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
2019-07-01 to 2019-09-3098,483USD92
2019-01-01 to 2019-09-30366,050USD273
2018-07-01 to 2018-09-3064,446USD92
2018-01-01 to 2018-09-30238,327USD273

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 2019-09-30307,750,100shares
At 2018-12-31307,750,100shares

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.

PeriodValueUnitDays
At 2019-09-3018,835USD
At 2018-12-3113,119USD

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 2019-09-30128,660USD

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 2019-09-3060,669USD
At 2018-12-3162,385USD

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 2019-09-3051,914USD
At 2018-12-3152,576USD

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
2019-07-01 to 2019-09-30-78,843USD92
2019-01-01 to 2019-09-30-321,755USD273
2018-07-01 to 2018-09-30-38,921USD92
2018-01-01 to 2018-09-30-200,487USD273

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
2019-07-01 to 2019-09-30-75,789USD92
2019-01-01 to 2019-09-30-316,121USD273
2018-07-01 to 2018-09-30-30,695USD92
2018-01-01 to 2018-09-30-188,847USD273

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
2019-01-01 to 2019-09-30791USD273
2018-01-01 to 2018-09-303,754USD273

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
2019-07-01 to 2019-09-30-87USD92
2019-01-01 to 2019-09-302,417USD273
2018-01-01 to 2018-09-301,475USD273

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
2019-07-01 to 2019-09-30-143USD92
2019-01-01 to 2019-09-302,231USD273
2018-07-01 to 2018-09-30-91USD92
2018-01-01 to 2018-09-301,384USD273

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
2019-01-01 to 2019-09-30371USD273
2018-01-01 to 2018-09-30-91USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2019-01-01 to 2019-09-3084USD273

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.

PeriodValueUnitDays
2019-01-01 to 2019-09-30-130,213USD273
2018-01-01 to 2018-09-30-33,617USD273

Inspect the source

Entity
FORTUNE VALLEY TREASURES, INC. / CIK 0001626745
Captured
2026-09-19T11:19:50.035Z
SEC response SHA-256
1e3ab4bc81f84828b127c92c281409210e355e4533757aace104a94c2c1b3938

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.

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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/0001626745.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"])))