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FORTUNE VALLEY TREASURES, INC.: 10-Q filed 2020-08-14

What FORTUNE VALLEY TREASURES, INC. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 33 published measures, 89 facts as tagged in accession 0001493152-20-015896.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-14
Fiscal period
fiscal Q2 2020
Accession
0001493152-20-015896 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 2020-06-30256,936USD
At 2019-12-31193,037USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-301,199,517USD
At 2019-12-31953,541USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-30-944,657USD
At 2019-12-31-760,504USD

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 2020-06-3013,976USD
At 2019-12-3138,137USD

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
2020-04-01 to 2020-06-30-101,834USD91
2020-01-01 to 2020-06-30-204,402USD182
2019-07-01 to 2019-12-31-134,760USD184
2019-04-01 to 2019-06-30-210,068USD91
2019-01-01 to 2019-06-30-242,996USD181

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-252,799USD182
2019-01-01 to 2019-06-30-204,595USD181

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
2020-04-01 to 2020-06-3069,176USD91
2020-01-01 to 2020-06-3091,227USD182
2019-04-01 to 2019-06-3041,936USD91
2019-01-01 to 2019-06-3083,956USD181

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30272,369USD182
2019-01-01 to 2019-06-30261,264USD181

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-43,231USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-06-30-1,275,586USD
At 2019-12-31-1,085,853USD

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
2019-04-01 to 2019-06-30-1USD91
2019-01-01 to 2019-06-3084USD181

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 2020-06-3050,960USD
At 2019-12-318,611USD

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
2020-04-01 to 2020-06-30-98,372USD91
2020-01-01 to 2020-06-30-201,608USD182
2019-04-01 to 2019-06-30-211,159USD91
2019-01-01 to 2019-06-30-245,286USD181

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 2020-06-30104,553USD
At 2019-12-3173,970USD

Interest expense

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

PeriodValueUnitDays
2020-04-01 to 2020-06-304,862USD91
2020-01-01 to 2020-06-304,980USD182
2019-04-01 to 2019-06-30212USD91
2019-01-01 to 2019-06-30271USD181

Current liabilities

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

PeriodValueUnitDays
At 2020-06-301,109,686USD
At 2019-12-31855,352USD

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 2020-06-3033,948USD
At 2019-12-3128,502USD

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
2020-04-01 to 2020-06-3029,259USD91
2020-01-01 to 2020-06-3036,884USD182
2019-04-01 to 2019-06-309,169USD91
2019-01-01 to 2019-06-3022,281USD181

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
2020-04-01 to 2020-06-3039,917USD91
2020-01-01 to 2020-06-3054,343USD182
2019-04-01 to 2019-06-3032,767USD91
2019-01-01 to 2019-06-3061,675USD181

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
2020-04-01 to 2020-06-30127,631USD91
2020-01-01 to 2020-06-30238,492USD182
2019-04-01 to 2019-06-30220,328USD91
2019-01-01 to 2019-06-30267,567USD181

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 2020-06-30307,750,100shares
At 2019-12-31307,750,100shares

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 2020-06-3023,179USD
At 2019-12-3117,599USD

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 2020-06-30-942,581USD
At 2019-12-31-760,504USD
At 2019-06-30-627,560USD
At 2018-12-31-387,228USD

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 2020-06-30101,423USD
At 2019-12-31110,456USD

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 2020-06-30103,610USD
At 2019-12-3161,510USD

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 2020-06-3052,650USD
At 2019-12-3152,899USD

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
2020-04-01 to 2020-06-30-101,834USD91
2020-01-01 to 2020-06-30-204,402USD182
2019-04-01 to 2019-06-30-210,069USD91
2019-01-01 to 2019-06-30-242,912USD181

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
2020-04-01 to 2020-06-30-103,769USD91
2020-01-01 to 2020-06-30-199,119USD182
2019-04-01 to 2019-06-30-203,911USD91
2019-01-01 to 2019-06-30-240,332USD181

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
2020-04-01 to 2020-06-301,328USD91
2020-01-01 to 2020-06-302,106USD182
2019-04-01 to 2019-06-301,199USD91
2019-01-01 to 2019-06-302,504USD181

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
2020-04-01 to 2020-06-30-3,462USD91
2020-01-01 to 2020-06-30-2,794USD182
2019-04-01 to 2019-06-301,090USD91
2019-01-01 to 2019-06-302,374USD181

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
2020-01-01 to 2020-06-302,982USD182
2019-01-01 to 2019-06-30271USD181

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 2019-06-3084USD181

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
2020-01-01 to 2020-06-305,894USD182
2019-01-01 to 2019-06-30-56,433USD181

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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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"])))