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FORTUNE VALLEY TREASURES, INC.: 10-Q filed 2021-11-15

What FORTUNE VALLEY TREASURES, INC. reported in its quarterly report filed 2021-11-15 (fiscal Q3 2021): 49 published measures, 132 facts as tagged in accession 0001493152-21-028383.

This filing

Form
10-Q (quarterly report)
Filed
2021-11-15
Fiscal period
fiscal Q3 2021
Accession
0001493152-21-028383 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 2021-09-3011,251,543USD
At 2020-12-319,661,459USD

Total liabilities

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

PeriodValueUnitDays
At 2021-09-302,672,258USD
At 2020-12-312,429,808USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-308,239,539USD
At 2020-12-317,035,736USD

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 2021-09-30150,189USD
At 2020-12-31249,837USD

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
2021-07-01 to 2021-09-30389,988USD92
2021-01-01 to 2021-09-301,109,717USD273
2020-07-01 to 2020-09-30-74,622USD92
2020-01-01 to 2020-09-30-264,355USD274

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-712,200USD273
2020-01-01 to 2020-09-30-363,601USD274

Capital expenditure payments

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30119,446USD273
2020-01-01 to 2020-09-3056,852USD274

Revenue

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

PeriodValueUnitDays
2021-01-01 to 2021-09-3013,046USD273
2020-01-01 to 2020-09-301,957USD274

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
2021-07-01 to 2021-09-302,005,390USD92
2021-01-01 to 2021-09-305,474,894USD273
2020-07-01 to 2020-09-30283,560USD92
2020-01-01 to 2020-09-30374,787USD274

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30212,278USD273
2020-01-01 to 2020-09-30466,186USD274

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30362,931USD273
2020-01-01 to 2020-09-30-61,111USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-3,231,700USD
At 2020-12-31-4,341,417USD

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
2021-07-01 to 2021-09-30156,402USD92
2021-01-01 to 2021-09-30319,024USD273
2020-07-01 to 2020-09-303,415USD92
2020-01-01 to 2020-09-303,415USD274

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 2021-09-30149,213USD
At 2020-12-3147,815USD

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
2021-07-01 to 2021-09-30608,080USD92
2021-01-01 to 2021-09-301,571,876USD273
2020-07-01 to 2020-09-30-147,045USD92
2020-01-01 to 2020-09-30-348,653USD274

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 2021-09-304,886,661USD
At 2020-12-314,231,054USD

Interest expense

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

PeriodValueUnitDays
2021-07-01 to 2021-09-304,327USD92
2021-01-01 to 2021-09-3013,814USD273
2020-07-01 to 2020-09-305,221USD92
2020-01-01 to 2020-09-3010,201USD274

Current liabilities

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

PeriodValueUnitDays
At 2021-09-302,108,115USD
At 2020-12-311,996,446USD

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 2021-09-30321,528USD
At 2020-12-31251,541USD

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 2021-09-301,386,323USD
At 2020-12-311,368,915USD

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 2021-09-302,444,493USD
At 2020-12-313,028,490USD

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 2021-09-302,003,170USD
At 2020-12-312,468,038USD

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 2021-09-30353,549USD
At 2020-12-31144,565USD

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
2021-07-01 to 2021-09-301,129,972USD92
2021-01-01 to 2021-09-303,072,209USD273
2020-07-01 to 2020-09-3038,056USD92
2020-01-01 to 2020-09-3074,940USD274

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
2021-07-01 to 2021-09-30875,418USD92
2021-01-01 to 2021-09-302,402,685USD273
2020-07-01 to 2020-09-30245,504USD92
2020-01-01 to 2020-09-30299,847USD274

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 2021-09-3015,655,038shares
At 2020-12-3115,655,038shares

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 2021-09-30394,351USD
At 2020-12-31300,265USD

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 2021-09-308,579,285USD
At 2021-06-308,105,477USD
At 2021-03-317,560,555USD
At 2020-12-317,231,651USD
At 2020-09-30-420,743USD
At 2020-06-30-942,581USD
At 2020-03-31-855,854USD
At 2019-12-31-760,504USD

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 2021-09-30400,415USD
At 2020-12-31153,251USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2021-09-30499,777USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2021-09-30224,259USD
At 2020-12-31254,266USD

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 2021-09-30238,719USD
At 2020-12-31123,304USD

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 2021-09-3089,506USD
At 2020-12-3175,489USD

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 2021-09-302,444,493USD
At 2020-12-313,028,490USD

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.

PeriodValueUnitDays
At 2021-09-30121,451USD
At 2020-12-31277,531USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-09-30538,829USD
At 2020-12-31580,151USD

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
2021-07-01 to 2021-09-30606,265USD92
2021-01-01 to 2021-09-301,561,342USD273
2020-07-01 to 2020-09-30-73,725USD92
2020-01-01 to 2020-09-30-278,127USD274

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
2021-07-01 to 2021-09-30449,863USD92
2021-01-01 to 2021-09-301,242,318USD273
2021-04-01 to 2021-06-30456,881USD91
2021-01-01 to 2021-03-31335,574USD90
2020-07-01 to 2020-09-30-77,140USD92
2020-01-01 to 2020-09-30-281,542USD274
2020-04-01 to 2020-06-30-101,834USD91
2020-01-01 to 2020-03-31-102,568USD91

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
2021-07-01 to 2021-09-30410,171USD92
2021-01-01 to 2021-09-301,203,803USD273
2020-07-01 to 2020-09-30-25,331USD92
2020-01-01 to 2020-09-30-209,484USD274

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
2021-07-01 to 2021-09-30499,928USD92
2021-01-01 to 2021-09-301,431,377USD273
2020-07-01 to 2020-09-30183,571USD92
2020-01-01 to 2020-09-30422,063USD274

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
2021-01-01 to 2021-09-3014,017USD273
2020-01-01 to 2020-09-3014,467USD274

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2021-01-01 to 2021-09-30638,099USD273
2020-01-01 to 2020-09-3078,629USD274

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
2021-07-01 to 2021-09-302,309USD92
2021-01-01 to 2021-09-302,429USD273
2020-07-01 to 2020-09-3078,525USD92
2020-01-01 to 2020-09-3080,631USD274

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
2021-07-01 to 2021-09-30-1,815USD92
2021-01-01 to 2021-09-30-10,534USD273
2020-07-01 to 2020-09-3073,320USD92
2020-01-01 to 2020-09-3070,526USD274

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
2021-01-01 to 2021-09-3013,814USD273
2020-01-01 to 2020-09-3010,201USD274

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
2021-01-01 to 2021-09-30446,755USD273

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2021-01-01 to 2021-09-30101,203USD273
2020-01-01 to 2020-09-3011,152USD274

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
2021-01-01 to 2021-09-30-494,352USD273
2020-01-01 to 2020-09-30121,170USD274

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
2021-01-01 to 2021-09-30206,348USD273
2020-01-01 to 2020-09-3092,804USD274

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.

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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"])))