Financial Snapshot

Revenue
$1.580M
TTM
Gross Margin
375.64%
TTM
Net Earnings
-$5.300M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
87.95%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$116.0K
Q2 2024
Cash
Q2 2024
P/E
-4.431
Nov 27, 2024 EST
Free Cash Flow
-$382.9K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $4.237M $9.234M $8.022M $5.006M $275.2K $95.85K $261.0K
YoY Change -54.12% 15.11% 60.25% 1718.8% 187.14% -63.27%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $4.237M $9.234M $8.022M $5.006M $275.2K $95.85K $261.0K
Cost Of Revenue $2.255M $4.593M $3.660M $1.673M $216.2K $46.50K $134.7K
Gross Profit $1.981M $4.641M $4.362M $3.332M $59.00K $49.35K $126.2K
Gross Profit Margin 46.77% 50.26% 54.38% 66.57% 21.44% 51.49% 48.37%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $5.659M $4.747M $2.160M $874.1K $439.3K $315.4K $311.1K
YoY Change 19.22% 119.73% 147.15% 98.96% 39.28% 1.4%
% of Gross Profit 285.63% 102.29% 49.53% 26.23% 744.64% 639.19% 246.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $243.9K $852.9K $10.19K $282.8K $16.31K $3.930K $6.780K
YoY Change -71.41% 8266.52% -96.4% 1633.91% 315.01% -42.04%
% of Gross Profit 12.31% 18.38% 0.23% 8.49% 27.64% 7.96% 5.37%
Operating Expenses $5.693M $4.747M $2.185M $892.3K $439.3K $315.4K $311.1K
YoY Change 19.94% 117.26% 144.85% 103.11% 39.28% 1.4%
Operating Profit -$3.712M -$1.950M $2.177M $2.440M -$380.3K -$266.1K -$184.8K
YoY Change 90.41% -189.55% -10.77% -741.53% 42.94% 43.95%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$38.31K $31.44K -$16.84K -$13.57K $200.00 -$600.00 $180.00
YoY Change -221.84% -286.72% 24.1% -6885.0% -133.33% -433.33%
% of Operating Profit -0.77% -0.56%
Other Income/Expense, Net $19.78K -$20.63K $52.03K $26.88K $2.470K $1.440K $0.00
YoY Change -195.87% -139.66% 93.56% 988.26% 71.53%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$4.175M -$1.970M $2.212M -$3.340M -$377.7K -$265.2K -$184.7K
YoY Change 111.89% -189.06% -166.23% 784.48% 42.39% 43.64%
Income Tax $96.45K $186.5K $248.8K $80.00 -$2.810K $2.830K
% Of Pretax Income 11.25%
Net Earnings -$4.047M -$1.943M $1.780M -$3.256M -$377.8K -$262.4K -$187.5K
YoY Change 108.3% -209.16% -154.67% 761.81% 43.95% 39.96%
Net Earnings / Revenue -95.52% -21.04% 22.19% -65.04% -137.26% -273.78% -71.85%
Basic Earnings Per Share -$0.26 -$0.12 $0.11
Diluted Earnings Per Share -$0.26 -$0.12 $113.7K -$211.5K -$24.55K -$17.05K -$12.19K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $288.3K $165.7K $123.2K $249.8K $38.14K $30.00K $77.78K
YoY Change 73.98% 34.53% -50.7% 555.06% 27.13% -61.43%
Cash & Equivalents $288.3K $165.7K $123.2K $249.8K $38.14K $30.00K $77.78K
Short-Term Investments
Other Short-Term Assets $3.998M $3.007M $2.177M $383.8K $7.190K $10.08K $6.650K
YoY Change 32.98% 38.12% 467.13% 5238.11% -28.67% 51.58%
Inventory $32.59K $148.9K $81.07K $144.6K $28.50K $236.2K $273.5K
Prepaid Expenses
Receivables $764.3K $3.550M $2.662M $2.468M $150.00 $7.710K $15.32K
Other Receivables $0.00 $0.00 $26.36K $984.8K $0.00 $54.34K $40.12K
Total Short-Term Assets $5.083M $6.871M $5.069M $4.231M $73.97K $338.3K $413.4K
YoY Change -26.02% 35.54% 19.82% 5619.95% -78.14% -18.16%
Property, Plant & Equipment $395.9K $470.4K $624.9K $361.1K $119.1K $9.810K $13.82K
YoY Change -15.84% -24.72% 73.07% 203.25% 1113.76% -29.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $618.5K $1.121M $2.306M $671.9K
YoY Change -44.84% -51.38% 243.22%
Total Long-Term Assets $1.166M $2.417M $6.619M $5.430M $119.1K $9.800K $13.83K
YoY Change -51.76% -63.49% 21.89% 4460.69% 1115.0% -29.14%
Total Assets $6.249M $9.288M $11.69M $9.661M $193.0K $348.1K $427.2K
YoY Change
Accounts Payable $1.211M $1.191M $367.8K $529.1K $32.86K $48.28K $44.19K
YoY Change 1.69% 223.84% -30.47% 1510.07% -31.94% 9.26%
Accrued Expenses $136.6K $126.8K $156.3K $228.2K $13.72K
YoY Change 7.72% -18.83% -31.51% 1562.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $422.7K $101.2K $0.00 $791.6K $0.00 $0.00
YoY Change -100.0% 317.6% -100.0%
Long-Term Debt Due $458.0K
YoY Change
Total Short-Term Liabilities $3.852M $2.485M $1.718M $1.996M $855.4K $735.3K $558.7K
YoY Change 55.03% 44.66% -13.97% 133.41% 16.32% 31.62%
Long-Term Debt $212.0K $58.44K $188.2K $254.3K $0.00 $0.00 $0.00
YoY Change 262.83% -68.95% -25.98%
Other Long-Term Liabilities $194.4K $245.0K $318.6K $179.1K $98.19K
YoY Change -20.67% -23.09% 77.86% 82.4%
Total Long-Term Liabilities $406.4K $303.5K $506.8K $433.4K $98.19K $0.00 $0.00
YoY Change 33.93% -40.12% 16.94% 341.36%
Total Liabilities $4.129M $2.896M $2.629M $2.626M $953.5K $735.3K $558.7K
YoY Change 42.58% 10.16% 0.13% 175.37% 29.67% 31.62%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 15.66M shares 15.66M shares 15.66M shares
Diluted Shares Outstanding 15.66M shares 15.66M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $23.483 Million

About Fortune Valley Treasures, Inc.

Fortune Valley Treasures, Inc. engages in the retail and wholesale distribution of food and beverage products. The company is headquartered in Shenzhen, Guangdong and currently employs 68 full-time employees. The company went IPO on 2016-02-23. The firm through its subsidiaries, engages in the business of retail and wholesale of a wide spectrum of wine products in China and Hong Kong. The company offers a variety of wine products, including dry red wine, dry white wine, rose wine, sweet wine and more. The firm sells about 40 kinds of different brands of wine, most of which are imported from France and Spain. Its product portfolio is comprised of wines relevant particularly to Chinese customers, such as Le Petit Tour, Los Beceux, Sorlada, Lapso, Saint Martin, Seguelongue and Saint Emilion.

Industry: Retail-Miscellaneous Retail Peers: MICROALLIANCE GROUP INC. GIVBUX, INC. Wetouch Technology Inc.