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FOLKUP DEVELOPMENT INC.: 10-Q filed 2021-09-23

What FOLKUP DEVELOPMENT INC. reported in its quarterly report filed 2021-09-23 (fiscal Q2 2021): 39 published measures, 111 facts as tagged in accession 0001477932-21-006566.

This filing

Form
10-Q (quarterly report)
Filed
2021-09-23
Fiscal period
fiscal Q2 2021
Accession
0001477932-21-006566 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 FOLKUP DEVELOPMENT INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2021-06-303,886,108USD
At 2020-12-313,582,437USD

Total liabilities

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

PeriodValueUnitDays
At 2021-06-305,448,616USD
At 2020-12-315,139,803USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-06-30-1,562,508USD
At 2021-03-31-1,588,513USD
At 2020-12-31-1,557,366USD
At 2020-06-30-1,296,903USD
At 2020-03-31-862,474USD
At 2019-12-31-646,910USD

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 2021-06-30419,061USD
At 2020-12-31160,594USD
At 2020-06-30347,562USD
At 2019-12-31243,641USD

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
2021-04-01 to 2021-06-30-103,415USD91
2021-01-01 to 2021-06-30-138,629USD181
2021-01-01 to 2021-03-31-35,214USD90
2020-04-01 to 2020-06-30-432,024USD91
2020-01-01 to 2020-06-30-644,131USD182
2020-01-01 to 2020-03-31-212,107USD91

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 2021-06-30-1,126,592USD181
2020-01-01 to 2020-06-30-491,640USD182

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 2021-06-3025,056USD181
2020-01-01 to 2020-06-303,872USD182

Revenue

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

PeriodValueUnitDays
2021-04-01 to 2021-06-30550,253USD91
2021-01-01 to 2021-06-301,346,554USD181
2020-04-01 to 2020-06-30551,582USD91
2020-01-01 to 2020-06-301,294,748USD182

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 2021-06-301,144,523USD181
2020-01-01 to 2020-06-30605,275USD182

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 2021-06-30237,297USD181
2020-01-01 to 2020-06-30-3,872USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-06-30-1,903,832USD
At 2020-12-31-1,906,054USD

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
2021-04-01 to 2021-06-300USD91
2021-01-01 to 2021-06-300USD181
2020-04-01 to 2020-06-300USD91
2020-01-01 to 2020-06-300USD182

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 2021-06-3078,998USD
At 2020-12-3164,161USD

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 2021-06-303,702,822USD
At 2020-12-313,075,661USD

Interest expense

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

PeriodValueUnitDays
2021-04-01 to 2021-06-3060,150USD91
2021-01-01 to 2021-06-3086,232USD181
2020-04-01 to 2020-06-301,491USD91
2020-01-01 to 2020-06-302,389USD182

Current liabilities

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

PeriodValueUnitDays
At 2021-06-304,771,529USD
At 2020-12-314,890,180USD

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 2021-06-30642,784USD
At 2020-12-311,100,268USD

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
2021-04-01 to 2021-06-30311,842USD91
2021-01-01 to 2021-06-30675,468USD181
2020-04-01 to 2020-06-3085,375USD91
2020-01-01 to 2020-06-30202,354USD182

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
2021-04-01 to 2021-06-30238,411USD91
2021-01-01 to 2021-06-30671,086USD181
2020-04-01 to 2020-06-30466,207USD91
2020-01-01 to 2020-06-301,092,394USD182

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 2021-06-309,800,000shares
At 2020-12-319,800,000shares

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 2021-06-30351,583USD
At 2020-12-31351,583USD

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 2021-06-30-2,812USD
At 2020-12-31-7,120USD

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 2021-06-30-1,545,261USD
At 2020-12-31-1,551,791USD

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 2021-06-30104,288USD
At 2020-12-31157,379USD

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 2021-06-30104,678USD
At 2020-12-31157,498USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2021-06-300USD
At 2020-12-310USD

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
2021-04-01 to 2021-06-30-96,009USD91
2021-01-01 to 2021-06-30-126,943USD181
2020-04-01 to 2020-06-30-432,024USD91
2020-01-01 to 2020-06-30-644,131USD182

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
2021-04-01 to 2021-06-30-95,802USD91
2021-01-01 to 2021-06-30-122,694USD181
2020-04-01 to 2020-06-30-434,165USD91
2020-01-01 to 2020-06-30-649,993USD182

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.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-95,813USD91
2021-01-01 to 2021-06-30-122,680USD181
2020-04-01 to 2020-06-30-434,165USD91
2020-01-01 to 2020-06-30-649,993USD182

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
2021-04-01 to 2021-06-30326,830USD91
2021-01-01 to 2021-06-30589,090USD181
2020-04-01 to 2020-06-30150,720USD91
2020-01-01 to 2020-06-30406,838USD182

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
2021-04-01 to 2021-06-305,537USD91
2021-01-01 to 2021-06-3010,121USD181
2020-04-01 to 2020-06-301,644USD91
2020-01-01 to 2020-06-303,215USD182

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
2021-04-01 to 2021-06-3043,596USD91
2021-01-01 to 2021-06-3017,518USD181
2020-04-01 to 2020-06-3038,766USD91
2020-01-01 to 2020-06-3037,873USD182

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
2021-04-01 to 2021-06-30-458,853USD91
2021-01-01 to 2021-06-30-831,615USD181
2020-04-01 to 2020-06-30-556,165USD91
2020-01-01 to 2020-06-30-884,358USD182

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2021-01-01 to 2021-06-300USD181
2020-01-01 to 2020-06-300USD182

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.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-22,874USD181
2020-01-01 to 2020-06-30-106,282USD182

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 2021-06-3083,681USD181
2020-01-01 to 2020-06-30590USD182

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 2021-06-300USD181
2020-01-01 to 2020-06-300USD182

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 2021-06-3055,631USD181

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 2021-06-30-134,508USD181
2020-01-01 to 2020-06-300USD182

Inspect the source

Entity
FOLKUP DEVELOPMENT INC. / CIK 0001684506
Captured
SEC response SHA-256
9eeb30bd6eca6097759a87b713bd9272222bb8bdebb2e360721bdf216fa70da0

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.

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

with urlopen("https://canlicapital.com/company-data/0001684506.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"])))