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Vestand Inc.: 10-Q filed 2024-08-19

What Vestand Inc. reported in its quarterly report filed 2024-08-19 (fiscal Q2 2024): 44 published measures, 119 facts as tagged in accession 0001493152-24-032966.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-19
Fiscal period
fiscal Q2 2024
Accession
0001493152-24-032966 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 Vestand Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-3017,130,425USD
At 2023-12-3113,019,364USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-3016,393,818USD
At 2023-12-3110,365,885USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-30736,607USD
At 2024-03-311,841,423USD
At 2023-12-312,653,479USD
At 2023-06-303,473,825USD
At 2023-03-314,493,354USD
At 2022-12-315,637,843USD

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 2024-06-30-1,104,816USD91
2024-01-01 to 2024-06-30-1,981,021USD182
2024-01-01 to 2024-03-31-876,205USD91
2023-04-01 to 2023-06-30-1,019,529USD91
2023-01-01 to 2023-06-30-2,164,018USD181
2023-01-01 to 2023-03-31-1,144,489USD90

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 2024-06-30621,458USD182
2023-01-01 to 2023-06-30-2,548,260USD181

Capital expenditure payments

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30398,641USD182
2023-01-01 to 2023-06-301,040,797USD181

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
2024-04-01 to 2024-06-303,325,396USD91
2024-01-01 to 2024-06-306,137,005USD182
2023-04-01 to 2023-06-302,209,469USD91
2023-01-01 to 2023-06-304,689,043USD181

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 2024-06-301,309,031USD182
2023-01-01 to 2023-06-30430,373USD181

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 2024-06-30-2,198,641USD182
2023-01-01 to 2023-06-30-1,040,797USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-11,321,794USD
At 2023-12-31-9,340,773USD

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 2024-06-301,342,105shares91
2024-01-01 to 2024-06-301,342,105shares182
2023-04-01 to 2023-06-301,223,262shares91
2023-01-01 to 2023-06-301,223,262shares181

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 2024-06-301,342,105shares91
2024-01-01 to 2024-06-301,342,105shares182
2023-04-01 to 2023-06-301,223,262shares91
2023-01-01 to 2023-06-301,223,262shares181

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 2024-06-30-0.82USD/shares91
2024-01-01 to 2024-06-30-1.48USD/shares182
2023-04-01 to 2023-06-30-0.83USD/shares91
2023-01-01 to 2023-06-30-1.77USD/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 2024-06-30-0.82USD/shares91
2024-01-01 to 2024-06-30-1.48USD/shares182
2023-04-01 to 2023-06-30-0.83USD/shares91
2023-01-01 to 2023-06-30-1.77USD/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 2024-06-3021,838USD91
2024-01-01 to 2024-06-3021,838USD182
2023-04-01 to 2023-06-306,988USD91
2023-01-01 to 2023-06-306,988USD181

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 2024-06-305,239,334USD
At 2023-12-314,092,950USD

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
2024-04-01 to 2024-06-3053,725USD91
2024-01-01 to 2024-06-3095,879USD182
2023-04-01 to 2023-06-3011,384USD91
2023-01-01 to 2023-06-30123,432USD181

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 2024-06-30-947,377USD91
2024-01-01 to 2024-06-30-1,719,264USD182
2023-04-01 to 2023-06-30-950,760USD91
2023-01-01 to 2023-06-30-2,034,112USD181

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 2024-06-301,414,060USD
At 2023-12-311,535,349USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-304,833,436USD
At 2023-12-313,269,070USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2024-06-301,985,645USD
At 2024-04-201,985,645USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2024-06-30531,051USD

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 2024-06-30108,348USD

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 2024-06-301,170,038USD91
2024-01-01 to 2024-06-302,166,497USD182
2023-04-01 to 2023-06-301,199,477USD91
2023-01-01 to 2023-06-302,398,320USD181

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 2024-06-30111,538USD
At 2023-12-3173,023USD

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 2024-06-307,059,187USD
At 2023-12-315,459,708USD

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 2024-06-307,890,362USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2024-06-302,954,493USD

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 2024-06-307,285,673USD
At 2023-12-315,788,962USD

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 2024-06-302,046,339USD
At 2023-12-311,696,012USD

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 2024-06-30517,775USD
At 2024-04-20531,051USD

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 2024-06-30914,424USD
At 2023-12-311,931,357USD

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 2024-06-30-1,082,978USD91
2024-01-01 to 2024-06-30-1,959,183USD182
2023-04-01 to 2023-06-30-1,012,541USD91
2023-01-01 to 2023-06-30-2,157,030USD181

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 2024-06-301,091,653USD91
2024-01-01 to 2024-06-302,012,054USD182
2023-04-01 to 2023-06-301,161,893USD91
2023-01-01 to 2023-06-302,222,346USD181

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 2024-06-30179,645USD91
2024-01-01 to 2024-06-30350,327USD182
2023-01-01 to 2023-12-31545,549USD365
2023-04-01 to 2023-06-30123,417USD91
2023-01-01 to 2023-06-30251,687USD181

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2024-04-01 to 2024-06-30147,808USD91
2024-01-01 to 2024-06-30252,126USD182
2023-04-01 to 2023-06-3077,691USD91
2023-01-01 to 2023-06-30138,828USD181

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
2024-04-01 to 2024-06-30-135,601USD91
2024-01-01 to 2024-06-30-239,919USD182
2023-04-01 to 2023-06-30-61,781USD91
2023-01-01 to 2023-06-30-122,918USD181

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
2024-01-01 to 2024-06-3021,838USD182
2023-01-01 to 2023-06-306,988USD181

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
2024-01-01 to 2024-06-30230,777USD182
2023-01-01 to 2023-06-30138,828USD181

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
2024-01-01 to 2024-06-3021,838USD182
2023-01-01 to 2023-06-306,988USD181

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
2024-01-01 to 2024-06-3064,149USD182

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
2024-01-01 to 2024-06-30542,277USD182
2023-01-01 to 2023-06-30389,270USD181

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
2024-01-01 to 2024-06-30108,348USD182

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 2024-06-3025,730USD182
2023-01-01 to 2023-06-30-9,838USD181

Inspect the source

Entity
Vestand Inc. / CIK 0001898604
Captured
2026-09-21T17:35:43.683Z
SEC response SHA-256
c92efe99b7d0cfebae0ae709840bc35e48430afe2dc15247669666c8d1c63466

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/0001898604.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"])))