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TANCHENG GROUP CO., LTD.: 10-Q filed 2024-08-14

What TANCHENG GROUP CO., LTD. reported in its quarterly report filed 2024-08-14 (fiscal Q2 2024): 36 published measures, 108 facts as tagged in accession 0001683168-24-005687.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-14
Fiscal period
fiscal Q2 2024
Accession
0001683168-24-005687 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 TANCHENG GROUP CO., LTD. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-301,429,429USD
At 2023-12-313,501,553USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-302,803,472USD
At 2023-12-314,696,852USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-30-1,374,043USD
At 2023-12-31-1,195,299USD
At 2023-06-30-1,132,281USD
At 2022-12-31-929,909USD

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
2024-04-01 to 2024-06-30-93,163USD91
2024-01-01 to 2024-06-30-200,955USD182
2023-04-01 to 2023-06-30-11,275USD91
2023-01-01 to 2023-06-30-248,561USD181

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-537,784USD182
2023-01-01 to 2023-06-30191,999USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-30244USD91
2024-01-01 to 2024-06-30157,135USD182
2023-04-01 to 2023-06-30854,097USD91
2023-01-01 to 2023-06-301,200,716USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30156,647USD182
2023-01-01 to 2023-06-301,074,151USD181

Investing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-30-146,258USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-1,614,181USD
At 2023-12-31-1,413,226USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2024-04-01 to 2024-06-304,381,550shares91
2024-01-01 to 2024-06-304,381,550shares182
2023-04-01 to 2023-06-304,381,550shares91
2023-01-01 to 2023-06-304,381,550shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2024-04-01 to 2024-06-304,381,550shares91
2024-01-01 to 2024-06-304,381,550shares182
2023-04-01 to 2023-06-304,381,550shares91
2023-01-01 to 2023-06-304,381,550shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-0.021USD/shares91
2024-01-01 to 2024-06-30-0.046USD/shares182
2023-04-01 to 2023-06-30-0.003USD/shares91
2023-01-01 to 2023-06-30-0.057USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2024-04-01 to 2024-06-30-0.021USD/shares91
2024-01-01 to 2024-06-30-0.046USD/shares182
2023-04-01 to 2023-06-30-0.003USD/shares91
2023-01-01 to 2023-06-30-0.057USD/shares181

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
2024-04-01 to 2024-06-300USD91
2024-01-01 to 2024-06-300USD182
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181

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 2024-06-30108,418USD
At 2023-12-31124,568USD

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
2024-04-01 to 2024-06-30-93,166USD91
2024-01-01 to 2024-06-30-201,063USD182
2023-04-01 to 2023-06-30-11,692USD91
2023-01-01 to 2023-06-30-249,056USD181

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 2024-06-301,321,011USD
At 2023-12-313,376,985USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-302,803,472USD
At 2023-12-314,696,852USD

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 2024-06-300USD
At 2023-12-31153,572USD

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
2024-04-01 to 2024-06-3091,309USD91
2024-01-01 to 2024-06-30240,679USD182
2023-04-01 to 2023-06-30128,291USD91
2023-01-01 to 2023-06-30402,068USD181

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 2024-06-301,231,465USD
At 2023-12-311,252,150USD

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
2024-04-01 to 2024-06-30-1,857USD91
2024-01-01 to 2024-06-3039,616USD182
2023-04-01 to 2023-06-30116,599USD91
2023-01-01 to 2023-06-30153,012USD181

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
2024-04-01 to 2024-06-302,101USD91
2024-01-01 to 2024-06-30117,519USD182
2023-04-01 to 2023-06-30737,498USD91
2023-01-01 to 2023-06-301,047,704USD181

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 2024-06-304,381,550shares
At 2023-12-314,381,550shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-06-3024,527USD
At 2023-12-31412,154USD
At 2023-06-301,136,410USD
At 2022-12-3171,207USD

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 2024-06-30162,864USD
At 2023-12-31162,864USD

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 2024-06-30139,295USD
At 2023-12-31142,635USD

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 2024-06-3030,877USD
At 2023-12-3118,067USD

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 2024-06-300USD
At 2023-06-300USD

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
2024-04-01 to 2024-06-30-93,163USD91
2024-01-01 to 2024-06-30-200,955USD182
2023-04-01 to 2023-06-30-11,275USD91
2023-01-01 to 2023-06-30-248,561USD181

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
2024-04-01 to 2024-06-30-86,738USD91
2024-01-01 to 2024-06-30-178,744USD182
2023-04-01 to 2023-06-3039,885USD91
2023-01-01 to 2023-06-30-202,372USD181

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
2024-04-01 to 2024-06-3084,545USD91
2024-01-01 to 2024-06-30227,093USD182
2023-04-01 to 2023-06-30121,335USD91
2023-01-01 to 2023-06-30388,040USD181

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
2024-04-01 to 2024-06-306,641USD91
2024-01-01 to 2024-06-3013,344USD182
2023-04-01 to 2023-06-304,631USD91
2023-01-01 to 2023-06-304,631USD181

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
2024-04-01 to 2024-06-300USD91
2024-01-01 to 2024-06-300USD182
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181

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
2024-01-01 to 2024-06-308,713USD182
2023-01-01 to 2023-06-30469,517USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-151,230USD182
2023-01-01 to 2023-06-30489,246USD181

Inspect the source

Entity
TANCHENG GROUP CO., LTD. / CIK 0001753391
Captured
2026-09-21T17:26:03.943Z
SEC response SHA-256
1c5a56a702a8f827a1254dcb3001fa1e22ecb3fb25cc24101c8a06f27e7f8aec

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/0001753391.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"])))