Skip to content

Zhongchao Inc.: 20-F filed 2021-04-30

What Zhongchao Inc. reported in its annual report (foreign private issuer) filed 2021-04-30 (fiscal FY 2020): 41 published measures, 106 facts as tagged in accession 0001213900-21-023712.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2021-04-30
Fiscal period
fiscal FY 2020
Accession
0001213900-21-023712 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 Zhongchao Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-12-3134,816,095USD
At 2019-12-3117,737,552USD

Total liabilities

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

PeriodValueUnitDays
At 2020-12-312,981,954USD
At 2019-12-312,399,025USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-12-3131,834,141USD
At 2019-12-3115,385,144USD

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 2020-12-3115,072,947USD
At 2019-12-317,832,552USD
At 2018-12-317,918,675USD
At 2017-12-312,978,515USD

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
2020-01-01 to 2020-12-314,458,380USD366
2019-01-01 to 2019-12-314,046,670USD365
2018-01-01 to 2018-12-313,019,323USD365

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 2020-12-31-1,037,839USD366
2019-01-01 to 2019-12-311,408,020USD365
2018-01-01 to 2018-12-311,312,647USD365

Revenue

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

PeriodValueUnitDays
2020-01-01 to 2020-12-3117,989,788USD366
2019-01-01 to 2019-12-3114,882,763USD365
2018-01-01 to 2018-12-3112,865,870USD365

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 2020-12-3111,497,654USD366
2019-01-01 to 2019-12-31-1,192,116USD365
2018-01-01 to 2018-12-314,336,804USD365

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 2020-12-31-4,094,678USD366
2019-01-01 to 2019-12-31-203,074USD365
2018-01-01 to 2018-12-31-504,048USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-12-317,339,778USD
At 2019-12-313,267,087USD

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
2020-01-01 to 2020-12-31484,787USD366
2019-01-01 to 2019-12-31387,144USD365
2018-01-01 to 2018-12-31502,131USD365

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 2020-12-311,997,761USD
At 2019-12-311,889,973USD

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 2020-12-3129,595,418USD
At 2019-12-3114,508,871USD

Current liabilities

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

PeriodValueUnitDays
At 2020-12-312,981,954USD
At 2019-12-312,357,662USD

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 2020-12-31408,426USD
At 2019-12-31117,064USD

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 2020-12-3110,321,837USD
At 2019-12-315,078,419USD

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
2020-01-01 to 2020-12-317,382,795USD366
2019-01-01 to 2019-12-316,584,792USD365
2018-01-01 to 2018-12-315,134,870USD365

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
2020-01-01 to 2020-12-3111,872,148USD366
2019-01-01 to 2019-12-3110,226,936USD365
2018-01-01 to 2018-12-318,409,517USD365

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
2020-01-01 to 2020-12-316,117,640USD366
2019-01-01 to 2019-12-314,655,827USD365
2018-01-01 to 2018-12-314,456,353USD365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2020-01-01 to 2020-12-31816,553USD366
2019-01-01 to 2019-12-31864,320USD365
2018-01-01 to 2018-12-311,447,949USD365

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 2020-12-3122,775,154USD
At 2019-12-3112,044,855USD

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 2020-12-31915,213USD
At 2019-12-31-344,771USD

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 2020-12-3131,834,141USD
At 2019-12-3115,338,527USD
At 2018-12-3111,385,366USD
At 2017-12-315,197,620USD

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 2020-12-3165,137USD
At 2019-12-31245,982USD

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 2020-12-3162,160USD
At 2019-12-31251,582USD

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 2020-12-311,997,761USD
At 2019-12-31304,267USD

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 2020-12-31313,928USD
At 2019-12-31119,976USD

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 2020-12-3134,973USD
At 2019-12-3137,323USD

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
2020-01-01 to 2020-12-314,941,884USD366
2019-01-01 to 2019-12-314,387,643USD365
2018-01-01 to 2018-12-313,503,620USD365

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
2020-01-01 to 2020-12-314,457,097USD366
2019-01-01 to 2019-12-314,000,499USD365
2018-01-01 to 2018-12-313,001,489USD365

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
2020-01-01 to 2020-12-315,718,364USD366
2019-01-01 to 2019-12-313,873,066USD365
2018-01-01 to 2018-12-312,639,803USD365

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
2020-01-01 to 2020-12-313,124,301USD366
2019-01-01 to 2019-12-312,524,003USD365
2018-01-01 to 2018-12-311,425,663USD365

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
2020-01-01 to 2020-12-31176,111USD366
2019-01-01 to 2019-12-3175,021USD365
2018-01-01 to 2018-12-3123,655USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2020-01-01 to 2020-12-314,544USD366
2019-01-01 to 2019-12-316,234USD365
2018-01-01 to 2018-12-315,123USD365

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
2020-01-01 to 2020-12-31305,566USD366
2019-01-01 to 2019-12-31534,020USD365
2018-01-01 to 2018-12-3137,364USD365

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
2020-01-01 to 2020-12-31-543,211USD366
2019-01-01 to 2019-12-31-705,231USD365
2018-01-01 to 2018-12-31-441,156USD365

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
2020-01-01 to 2020-12-3158,424USD366
2019-01-01 to 2019-12-31318,087USD365
2018-01-01 to 2018-12-31-60,975USD365

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
2019-01-01 to 2019-12-3130,312USD365
2018-01-01 to 2018-12-315,840USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2020-01-01 to 2020-12-3111,886,363USD366

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
2020-01-01 to 2020-12-315,486,914USD366
2019-01-01 to 2019-12-313,134,065USD365
2018-01-01 to 2018-12-31792,031USD365

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
2020-01-01 to 2020-12-31260,350USD366
2019-01-01 to 2019-12-3194,461USD365
2018-01-01 to 2018-12-31-548,507USD365

Inspect the source

Entity
Zhongchao Inc. / CIK 0001785566
Captured
2026-09-21T17:31:25.678Z
SEC response SHA-256
32daa16238bf901add3dd74a5a86ae7f965ac30a9401e3e15ea01cea8e0a6247

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.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

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/0001785566.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"])))