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FGI Industries Ltd.: 10-Q filed 2023-08-11

What FGI Industries Ltd. reported in its quarterly report filed 2023-08-11 (fiscal Q2 2023): 54 published measures, 158 facts as tagged in accession 0001558370-23-014646.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-11
Fiscal period
fiscal Q2 2023
Accession
0001558370-23-014646 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 FGI Industries Ltd. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-3064,459,752USD
At 2022-12-3160,366,930USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-3041,632,684USD
At 2022-12-3137,622,520USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3022,827,068USD
At 2022-12-3122,744,410USD

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 2023-06-306,900,000USD

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
2023-04-01 to 2023-06-3088,481USD91
2023-01-01 to 2023-06-30-214,894USD181
2023-01-01 to 2023-03-31-303,375USD90
2022-04-01 to 2022-06-301,170,530USD91
2022-01-01 to 2022-06-301,700,723USD181
2022-01-01 to 2022-03-31530,193USD90

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-1,007,456USD181
2022-01-01 to 2022-06-30-12,990,336USD181

Capital expenditure payments

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30235,941USD181
2022-01-01 to 2022-06-3042,752USD181

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
2023-04-01 to 2023-06-3029,189,913USD91
2023-01-01 to 2023-06-3056,352,179USD181
2022-04-01 to 2022-06-3047,809,014USD91
2022-01-01 to 2022-06-3091,384,254USD181

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-1,931,372USD181
2022-01-01 to 2022-06-3012,403,568USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-235,941USD181
2022-01-01 to 2022-06-30-42,752USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-303,465,026USD
At 2022-12-313,679,920USD

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
2023-04-01 to 2023-06-309,500,000shares91
2023-01-01 to 2023-06-309,500,000shares181
2022-04-01 to 2022-06-309,168,508shares91
2022-01-01 to 2022-06-309,168,508shares181

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
2023-04-01 to 2023-06-309,692,500shares91
2023-01-01 to 2023-06-309,500,000shares181
2022-04-01 to 2022-06-3011,662,293shares91
2022-01-01 to 2022-06-3011,662,293shares181

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
2023-04-01 to 2023-06-300.01USD/shares91
2023-01-01 to 2023-06-30-0.02USD/shares181
2022-04-01 to 2022-06-300.13USD/shares91
2022-01-01 to 2022-06-300.19USD/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
2023-04-01 to 2023-06-300.01USD/shares91
2023-01-01 to 2023-06-30-0.02USD/shares181
2022-04-01 to 2022-06-300.1USD/shares91
2022-01-01 to 2022-06-300.15USD/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
2023-04-01 to 2023-06-30191,446USD91
2023-01-01 to 2023-06-30224,075USD181
2022-04-01 to 2022-06-30385,407USD91
2022-01-01 to 2022-06-30513,084USD181

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 2023-06-301,426,832USD
At 2022-12-311,269,971USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-06-30272,556USD181
2022-01-01 to 2022-06-30144,733USD181

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
2023-04-01 to 2023-06-30580,275USD91
2023-01-01 to 2023-06-30577,348USD181
2022-04-01 to 2022-06-301,729,349USD91
2022-01-01 to 2022-06-302,420,095USD181

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 2023-06-3043,846,939USD
At 2022-12-3145,887,608USD

Interest expense

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30293,711USD91
2023-01-01 to 2023-06-30543,348USD181
2022-04-01 to 2022-06-30107,440USD91
2022-01-01 to 2022-06-30239,192USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-3027,302,279USD
At 2022-12-3129,775,203USD

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 2023-06-3014,306,312USD
At 2022-12-3114,295,859USD

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
2023-04-01 to 2023-06-307,430,127USD91
2023-01-01 to 2023-06-3014,635,212USD181
2022-04-01 to 2022-06-306,691,604USD91
2022-01-01 to 2022-06-3013,525,444USD181

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 2023-06-309,834,353USD
At 2022-12-3113,292,591USD

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
2023-04-01 to 2023-06-308,010,402USD91
2023-01-01 to 2023-06-3015,212,560USD181
2022-04-01 to 2022-06-308,420,953USD91
2022-01-01 to 2022-06-3015,945,539USD181

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
2023-04-01 to 2023-06-3021,179,511USD91
2023-01-01 to 2023-06-3041,139,619USD181
2022-04-01 to 2022-06-3039,388,061USD91
2022-01-01 to 2022-06-3075,438,715USD181

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
2023-04-01 to 2023-06-30377,106USD91
2023-01-01 to 2023-06-30728,857USD181
2022-04-01 to 2022-06-30235,735USD91
2022-01-01 to 2022-06-30549,416USD181

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 2022-01-279,500,000shares

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 2023-06-306,894,762USD
At 2022-12-3110,067,428USD
At 2022-06-303,126,305USD
At 2021-12-313,883,896USD

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 2023-06-30-1,371,323USD
At 2022-12-31-1,396,319USD

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 2023-06-3022,827,068USD
At 2023-03-3122,580,855USD
At 2022-12-3122,744,410USD
At 2022-06-3021,639,369USD
At 2022-03-3120,433,335USD
At 2021-12-317,549,710USD

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 2023-06-3015,964,503USD
At 2022-12-319,815,572USD

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 2023-06-3015,678,446USD
At 2022-12-319,390,348USD

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 2023-06-304,693,604USD
At 2022-12-314,957,482USD

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 2023-06-303,266,772USD
At 2022-12-313,687,511USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-06-301,865,678USD
At 2022-12-312,128,240USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2023-06-304,169,249USD
At 2022-12-312,588,081USD

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 2023-06-303,341,833USD
At 2022-12-313,455,793USD

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
2023-04-01 to 2023-06-30279,927USD91
2023-01-01 to 2023-06-309,181USD181
2022-04-01 to 2022-06-301,555,937USD91
2022-01-01 to 2022-06-302,213,807USD181

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
2023-01-01 to 2023-06-30-214,894USD181
2022-01-01 to 2022-06-301,700,723USD181

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
2023-04-01 to 2023-06-3093,378USD91
2023-01-01 to 2023-06-30-189,898USD181
2022-04-01 to 2022-06-301,101,114USD91
2022-01-01 to 2022-06-301,574,127USD181

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
2023-04-01 to 2023-06-30-214,894USD91
2022-04-01 to 2022-06-301,700,723USD91

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
2023-04-01 to 2023-06-302,252,503USD91
2023-01-01 to 2023-06-304,394,748USD181
2022-04-01 to 2022-06-302,093,162USD91
2022-01-01 to 2022-06-303,935,969USD181

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
2023-04-01 to 2023-06-3043,199USD91
2023-01-01 to 2023-06-3078,759USD181
2022-04-01 to 2022-06-3047,915USD91
2022-01-01 to 2022-06-3095,530USD181

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
2023-04-01 to 2023-06-30-10,684USD91
2023-01-01 to 2023-06-30-30,241USD181
2022-04-01 to 2022-06-30-66,074USD91
2022-01-01 to 2022-06-3032,771USD181

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
2023-04-01 to 2023-06-30-300,348USD91
2023-01-01 to 2023-06-30-568,167USD181
2022-04-01 to 2022-06-30-173,412USD91
2022-01-01 to 2022-06-30-206,288USD181

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
2023-04-01 to 2023-06-30181,761USD91
2023-01-01 to 2023-06-30314,554USD181
2022-04-01 to 2022-06-30298,300USD91
2022-01-01 to 2022-06-30469,799USD181

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
2023-04-01 to 2023-06-309,685USD91
2023-01-01 to 2023-06-30-90,479USD181
2022-04-01 to 2022-06-3087,107USD91
2022-01-01 to 2022-06-3043,285USD181

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
2023-01-01 to 2023-06-30544,026USD181
2022-01-01 to 2022-06-30240,183USD181

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
2023-01-01 to 2023-06-30205,075USD181
2022-01-01 to 2022-06-30808,048USD181

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
2023-04-01 to 2023-06-30517,588USD91
2023-01-01 to 2023-06-30935,266USD181
2022-04-01 to 2022-06-30414,821USD91
2022-01-01 to 2022-06-30824,972USD181

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
2023-01-01 to 2023-06-30-285,890USD181
2022-01-01 to 2022-06-30-1,843,947USD181

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
2023-01-01 to 2023-06-30-3,458,238USD181
2022-01-01 to 2022-06-30-2,582,193USD181

Inspect the source

Entity
FGI Industries Ltd. / CIK 0001864943
Captured
2026-09-21T17:39:22.733Z
SEC response SHA-256
f2e2902eb4fcc86b9cf56908828ba5740838ef96417e272df30f34a1927917db

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/0001864943.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"])))