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FOLKUP DEVELOPMENT INC.: 10-Q filed 2022-04-12

What FOLKUP DEVELOPMENT INC. reported in its quarterly report filed 2022-04-12 (fiscal Q3 2021): 39 published measures, 113 facts as tagged in accession 0001477932-22-002237.

This filing

Form
10-Q (quarterly report)
Filed
2022-04-12
Fiscal period
fiscal Q3 2021
Accession
0001477932-22-002237 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 2021-09-307,059,702USD
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 2021-09-3010,329,605USD
At 2020-12-315,139,803USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-30-3,242,808USD
At 2020-12-31-1,551,791USD

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 2021-09-301,928,616USD
At 2020-12-31160,594USD
At 2020-09-30228,689USD
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
2021-07-01 to 2021-09-30-1,715,864USD92
2021-01-01 to 2021-09-30-1,854,493USD273
2021-04-01 to 2021-06-30-103,415USD91
2021-01-01 to 2021-03-31-35,214USD90
2020-07-01 to 2020-09-30-415,358USD92
2020-01-01 to 2020-09-30-1,059,489USD274
2020-04-01 to 2020-06-30-432,024USD91
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 2021-09-30-1,118,031USD273
2020-01-01 to 2020-09-30-717,072USD274

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 2021-09-30367,496USD273
2020-01-01 to 2020-09-305,634USD274

Revenue

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

PeriodValueUnitDays
2021-07-01 to 2021-09-30573,258USD92
2021-01-01 to 2021-09-301,919,812USD273
2020-07-01 to 2020-09-30410,187USD92
2020-01-01 to 2020-09-301,704,935USD274

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 2021-09-303,113,064USD273
2020-01-01 to 2020-09-30712,071USD274

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 2021-09-30-233,561USD273
2020-01-01 to 2020-09-30-5,634USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-3,609,783USD
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
2021-07-01 to 2021-09-305,859USD92
2021-01-01 to 2021-09-305,859USD273
2020-07-01 to 2020-09-300USD92
2020-01-01 to 2020-09-300USD274

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 2021-09-30380,730USD
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 2021-09-306,139,071USD
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
2021-07-01 to 2021-09-3048,207USD92
2021-01-01 to 2021-09-30134,439USD273
2020-07-01 to 2020-09-3037,456USD92
2020-01-01 to 2020-09-3039,845USD274

Current liabilities

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

PeriodValueUnitDays
At 2021-09-308,692,088USD
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 2021-09-30372,270USD
At 2020-12-311,100,268USD

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.

PeriodValueUnitDays
2021-07-01 to 2021-09-301,762,792USD92
2021-01-01 to 2021-09-302,594,407USD273
2020-07-01 to 2020-09-30486,079USD92
2020-01-01 to 2020-09-301,370,437USD274

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 2021-09-30100,992USD92
2021-01-01 to 2021-09-30776,460USD273
2020-07-01 to 2020-09-3067,442USD92
2020-01-01 to 2020-09-30269,796USD274

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 2021-09-30472,266USD92
2021-01-01 to 2021-09-301,143,352USD273
2020-07-01 to 2020-09-30342,745USD92
2020-01-01 to 2020-09-301,435,139USD274

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 2021-09-309,800,000shares
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 2021-09-30351,583USD
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 2021-09-305,592USD
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 2021-09-30-3,269,903USD
At 2021-06-30-1,562,508USD
At 2021-03-31-1,588,513USD
At 2020-12-31-1,557,366USD
At 2020-09-30-1,710,486USD
At 2020-06-30-1,296,903USD
At 2020-03-31-862,474USD
At 2019-12-31-646,910USD

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 2021-09-3081,300USD
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 2021-09-3081,698USD
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 2021-09-300USD
At 2020-12-310USD

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 2021-09-30-1,710,005USD92
2021-01-01 to 2021-09-30-1,848,634USD273
2020-07-01 to 2020-09-30-415,358USD92
2020-01-01 to 2020-09-30-1,059,489USD274

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 2021-09-30-1,705,951USD92
2021-01-01 to 2021-09-30-1,832,894USD273
2020-07-01 to 2020-09-30-405,428USD92
2020-01-01 to 2020-09-30-1,049,559USD274

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 2021-09-30-1,697,547USD92
2021-01-01 to 2021-09-30-1,820,241USD273
2020-07-01 to 2020-09-30-403,782USD92
2020-01-01 to 2020-09-30-1,053,775USD274

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 2021-09-30589,325USD92
2021-01-01 to 2021-09-301,178,415USD273
2020-07-01 to 2020-09-30234,823USD92
2020-01-01 to 2020-09-30641,661USD274

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 2021-09-3053,863USD273
2020-01-01 to 2020-09-305,170USD274

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 2021-09-30-48,205USD92
2021-01-01 to 2021-09-30-30,687USD273
2020-07-01 to 2020-09-303,279USD92
2020-01-01 to 2020-09-3041,152USD274

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 2021-09-305,859USD273
2020-01-01 to 2020-09-300USD274

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 2021-09-30-305,025USD273
2020-01-01 to 2020-09-30-174,816USD274

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 2021-09-30130,948USD273
2020-01-01 to 2020-09-3039,845USD274

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 2021-09-300USD273
2020-01-01 to 2020-09-300USD274

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 2021-09-3036,985USD273

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 2021-09-30-405,022USD273
2020-01-01 to 2020-09-300USD274

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"])))