$FVTI
Fortune Valley Treasures, Inc. Stock $fvti

$fvti Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-Q Financial Statement

#000149315222031555 Filed on November 14, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2021 Q3
Revenue	$2.721M	$2.915M	$2.005M
YoY Change	6.82%	45.37%	607.22%
Cost Of Revenue	$1.575M	$1.401M	$875.4K
YoY Change	25.28%	59.98%	256.59%
Gross Profit	$1.146M	$1.515M	$1.130M
YoY Change	-11.18%	34.05%	2868.92%
Gross Profit Margin	42.11%	51.96%	56.35%
Selling, General & Admin	$3.337M	$487.6K	$518.1K
YoY Change	395.13%	-5.87%	179.89%
% of Gross Profit	291.27%	32.19%	45.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$204.1K	$215.3K	$211.9K
YoY Change	-11.75%	1.62%	199.94%
% of Gross Profit	17.82%	14.21%	18.75%
Operating Expenses	$3.350M	$487.6K	$521.9K
YoY Change	389.52%	-6.56%	181.94%
Operating Profit	-$2.205M	$1.027M	$608.1K
YoY Change	-464.17%	68.92%	-513.52%
Interest Expense	-$10.32K	$10.39K	-$4.130K
YoY Change	166.67%	-351.53%	-20.58%
% of Operating Profit		1.01%	-0.68%
Other Income/Expense, Net	$130.00	-$8.053K	$2.310K
YoY Change	-99.74%	-448.61%	-97.06%
Pretax Income	-$4.058M	$1.019M	$606.3K
YoY Change	-723.41%	68.09%	-922.28%
Income Tax	-$25.79K	$108.4K	$156.4K
% Of Pretax Income		10.63%	25.8%
Net Earnings	-$3.695M	$855.8K	$390.0K
YoY Change	-651.47%	119.44%	-622.63%
Net Earnings / Revenue	-135.82%	29.36%	19.45%
Basic Earnings Per Share		$0.05	$0.02
Diluted Earnings Per Share	-$0.24	$54.67K	$24.91K
COMMON SHARES
Basic Shares Outstanding	15.66M shares	15.66M shares	15.66M shares
Diluted Shares Outstanding		15.66M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$165.7K	$239.4K	$150.2K
YoY Change	34.53%	59.42%	550.17%
Cash & Equivalents	$165.7K	$239.4K	$150.2K
Short-Term Investments
Other Short-Term Assets	$4.631K	$22.68K	$2.353M
YoY Change	-39.21%	-99.04%	1503.99%
Inventory	$148.9K	$147.1K	$353.6K
Prepaid Expenses	$3.002M
Receivables	$4.798M	$3.651M	$2.003M
Other Receivables	$0.00	$0.00	$27.03K
Total Short-Term Assets	$6.871M	$6.545M	$4.887M
YoY Change	35.54%	33.93%	1051.62%
LONG-TERM ASSETS
Property, Plant & Equipment	$97.89K	$110.0K	$650.6K
YoY Change	-30.27%	-83.09%	124.65%
Goodwill	$454.2K	$1.256M
YoY Change	-67.7%
Intangibles	$370.9K	$1.475M
YoY Change	-83.74%
Long-Term Investments
YoY Change
Other Assets	$1.121M	$2.316M	$1.883M
YoY Change	-51.38%	22.98%	564.38%
Total Long-Term Assets	$2.417M	$5.551M	$6.365M
YoY Change	-63.49%	-12.78%	-40.31%
TOTAL ASSETS
Total Short-Term Assets	$6.871M	$6.545M	$4.887M
Total Long-Term Assets	$2.417M	$5.551M	$6.365M
Total Assets	$9.288M	$12.10M	$11.25M
YoY Change	-20.54%	7.51%	1.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$688.8K	$155.0K	$443.0K
YoY Change	187.62%	-65.0%	204.39%
Accrued Expenses	$502.4K	$131.4K	$159.9K
YoY Change	291.44%	-17.84%	-4.23%
Deferred Revenue	$139.3K	$176.2K
YoY Change	-63.57%
Short-Term Debt	$422.7K	$413.2K	$0.00
YoY Change	317.61%
Long-Term Debt Due	$422.7K	$413.2K
YoY Change	317.61%
Total Short-Term Liabilities	$2.485M	$1.719M	$2.108M
YoY Change	44.66%	-18.47%	-81.29%
LONG-TERM LIABILITIES
Long-Term Debt	$58.44K	$89.42K	$224.3K
YoY Change	-68.95%	-60.12%	124.3%
Other Long-Term Liabilities	$245.0K	$259.4K	$339.9K
YoY Change	-23.09%	-23.67%	146.58%
Total Long-Term Liabilities	$58.44K	$89.42K	$564.1K
YoY Change	-68.95%	-84.15%	137.21%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.485M	$1.719M	$2.108M
Total Long-Term Liabilities	$58.44K	$89.42K	$564.1K
Total Liabilities	$2.788M	$2.068M	$3.012M
YoY Change	25.35%	-31.36%	-75.02%
SHAREHOLDERS EQUITY
Retained Earnings	-$4.504M	-$809.5K
YoY Change	75.84%
Common Stock	$11.08M	$11.08M
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.392M	$9.588M	$8.240M
YoY Change
Total Liabilities & Shareholders Equity	$9.288M	$12.10M	$11.25M
YoY Change	-20.54%	7.51%	1.48%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2021 Q3
OPERATING ACTIVITIES
Net Income	-$3.695M	$855.8K	$390.0K
YoY Change	-651.47%	119.44%	-622.63%
Depreciation, Depletion And Amortization	$204.1K	$215.3K	$211.9K
YoY Change	-11.75%	1.62%	199.94%
Cash From Operating Activities	-$41.51K	$31.00K	-$22.73K
YoY Change	-116.27%	-236.38%	-79.49%
INVESTING ACTIVITIES
Capital Expenditures	$10.11K	$0.00	-$62.00K
YoY Change	-568.06%	-100.0%	355.21%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	-$156.7K
YoY Change	-100.0%	-100.0%	3578.64%
Cash From Investing Activities	-$10.11K	$0.00	-$218.7K
YoY Change	-109.51%	-100.0%	1123.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-41.88K	157.5K	-71.31K
YoY Change	-89.64%	-320.92%	-136.79%
NET CHANGE
Cash From Operating Activities	-41.51K	31.00K	-22.73K
Cash From Investing Activities	-10.11K	0.000	-218.7K
Cash From Financing Activities	-41.88K	157.5K	-71.31K
Net Change In Cash	-93.50K	188.5K	-312.8K
YoY Change	117.49%	-160.28%	-580.14%
FREE CASH FLOW
Cash From Operating Activities	-$41.51K	$31.00K	-$22.73K
Capital Expenditures	$10.11K	$0.00	-$62.00K
Free Cash Flow	-$51.62K	$31.00K	$39.27K
YoY Change	-120.07%	-21.06%	-140.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Local Phone Number LocalPhoneNumber	769-85729133
	dei	Entity Central Index Key EntityCentralIndexKey	0001626745
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
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	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties		usd
	FVTI	Repayment Of Advance To Related Parties RepaymentOfAdvanceToRelatedParties		usd
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties		usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets		usd
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	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt		usd
	FVTI	Repayments To Third Party RepaymentsToThirdParty		usd
	FVTI	Remeasurement Of Operating Lease Obligation And Rightofuse Assets Due To Lease Termination RemeasurementOfOperatingLeaseObligationAndRightofuseAssetsDueToLeaseTermination		usd
CY2022Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent		usd
CY2022Q3	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2024-07-08
CY2022Q3	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2024-07-21
CY2022Q3	FVTI	Long Term Debt Maturities Repayments Of Principal After Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearTwo		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-38308
	dei	Entity Registrant Name EntityRegistrantName	Fortune Valley Treasures, Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	32-0439333
	dei	Entity Address Address Line1 EntityAddressAddressLine1	B1601 Donogfang
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Yinxiang Building
	dei	Entity Address Address Line3 EntityAddressAddressLine3	No. 139 Liansheng Road, Humen Town
	dei	Entity Address City Or Town EntityAddressCityOrTown	Dongguan, Guangdong
	dei	Entity Address Country EntityAddressCountry	CN
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	523000
	dei	City Area Code CityAreaCode	86
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
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CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15655038	shares
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	239443	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	123163	usd
CY2022Q3	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	116995	usd
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CY2022Q3	FVTI	Prepaid Assets Related Parties PrepaidAssetsRelatedParties	1957201	usd
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CY2022Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2507504	usd
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CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	26364	usd
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CY2022Q3	us-gaap	Related Party Deposit Liabilities RelatedPartyDepositLiabilities	1607955	usd
CY2021Q4	us-gaap	Related Party Deposit Liabilities RelatedPartyDepositLiabilities	1596075	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	110019	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	140394	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	317612	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	385896	usd
CY2022Q3	FVTI	Operating Lease Rightofuse Assets To Related Parties OperatingLeaseRightofuseAssetsToRelatedParties	76639	usd
CY2021Q4	FVTI	Operating Lease Rightofuse Assets To Related Parties OperatingLeaseRightofuseAssetsToRelatedParties	98626	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1475000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2281790	usd
CY2022Q3	us-gaap	Goodwill Goodwill	1255931	usd
CY2021Q4	us-gaap	Goodwill Goodwill	1406289	usd
CY2022Q3	us-gaap	Assets Assets	12096040	usd
CY2021Q4	us-gaap	Assets Assets	11688636	usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	110896	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	133586	usd
CY2022Q3	FVTI	Operating Lease Obligations To Related Parties Current OperatingLeaseObligationsToRelatedPartiesCurrent	24851	usd
CY2021Q4	FVTI	Operating Lease Obligations To Related Parties Current OperatingLeaseObligationsToRelatedPartiesCurrent	22666	usd
CY2022Q3	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	3629	usd
CY2021Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	17789	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	155039	usd
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CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	131363	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	128343	usd
CY2022Q3	us-gaap	Short Term Borrowings ShortTermBorrowings	413207	usd
CY2021Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	101207	usd
CY2022Q3	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	111142	usd
CY2021Q4	FVTI	Operating Lease Obligations To Related Parties Noncurrent OperatingLeaseObligationsToRelatedPartiesNoncurrent	77934	usd
CY2022Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	89424	usd
CY2021Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	25726	usd
CY2022Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	176213	usd
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CY2021Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	683981	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	1718717	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1717519	usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	202180	usd
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CY2022Q3	FVTI	Operating Lease Obligations To Related Parties Noncurrent OperatingLeaseObligationsToRelatedPartiesNoncurrent	57238	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	188218	usd
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CY2021Q4	us-gaap	Liabilities Liabilities	2224282	usd
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
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CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	9588164	usd
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CY2022Q3	us-gaap	Minority Interest MinorityInterest	440317	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	404842	usd
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	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	120632	usd
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	495062	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2915303	usd
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	us-gaap	Gross Profit GrossProfit	3495065	usd
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	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2595	usd
CY2022Q3	us-gaap	Interest Income Other InterestIncomeOther	114	usd
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	us-gaap	Cost Of Revenue CostOfRevenue	2402685	usd
	us-gaap	Interest Income Other InterestIncomeOther	207	usd
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CY2021Q3	us-gaap	Interest Expense InterestExpense	4327	usd
CY2022Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	15509	usd
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	us-gaap	Net Income Loss NetIncomeLoss	1109717	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-719949	usd
CY2021Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	21964	usd
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	us-gaap	Operating Income Loss OperatingIncomeLoss	2098398	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1571710	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2221	usd
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2309	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	10423	usd
	us-gaap	Interest Expense InterestExpense	21077	usd
	us-gaap	Interest Expense InterestExpense	13814	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8053	usd
CY2021Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1815	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-10447	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-10368	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1019088	usd
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	606265	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	2087951	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1561342	usd
CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	108353	usd
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	156402	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	212274	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	319024	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	910735	usd
CY2021Q3	us-gaap	Profit Loss ProfitLoss	449863	usd
	us-gaap	Profit Loss ProfitLoss	1875677	usd
	us-gaap	Profit Loss ProfitLoss	1242318	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	54931	usd
CY2021Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	59875	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	123464	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	132601	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	855804	usd
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	389988	usd
	us-gaap	Net Income Loss NetIncomeLoss	1752213	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	23945	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-1311550	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	105316	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	190786	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	473808	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	564127	usd
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	1347634	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	10749	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	63637	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	35475	usd
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	143831	usd
CY2022Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	180037	usd
CY2021Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	410171	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	528652	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1203803	usd
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
CY2021Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15655038	shares
CY2021Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15655038	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15655038	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15655038	shares
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9464354	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	175959	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	10720	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9651033	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	788983	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-602321	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9837695	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	910735	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-719949	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10028481	usd
CY2021Q1	us-gaap	Profit Loss ProfitLoss	335574	usd
CY2021Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-6670	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	456881	usd
CY2021Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	88041	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8105477	usd
CY2021Q3	us-gaap	Profit Loss ProfitLoss	449863	usd
CY2021Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	23945	usd
CY2021Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8579285	usd
CY2021Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8579285	usd
	us-gaap	Profit Loss ProfitLoss	1875677	usd
	us-gaap	Profit Loss ProfitLoss	1242318	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	648740	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	638099	usd
	FVTI	Noncash Lease Expense NoncashLeaseExpense	122069	usd
	FVTI	Noncash Lease Expense NoncashLeaseExpense	83211	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1374495	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-494352	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	80648	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	206348	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	608448	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1956481	usd
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	-25423	usd
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	277134	usd
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	1198351	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-63540	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	66530	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-177253	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-178597	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-48514	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	153158	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	373916	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	95197	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-103180	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-111705	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-97752	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	48444	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-712200	usd
	FVTI	Repayment Of Advance To Related Parties RepaymentOfAdvanceToRelatedParties	3642059	usd
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	3136194	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	119446	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	23488	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	362931	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	1867770	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	148606	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-33112	usd
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	135499	usd
	FVTI	Proceeds From Third Party ProceedsFromThirdParty	80338	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	154510	usd
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	1622380	usd
	us-gaap	Repayments Of Bank Debt RepaymentsOfBankDebt	28053	usd
	FVTI	Repayments To Third Party RepaymentsToThirdParty	73878	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	108002	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	212278	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-40166	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	37343	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	116280	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-99648	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	123163	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	249837	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	239443	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	150189	usd
	us-gaap	Interest Paid Net InterestPaidNet	21077	usd
	us-gaap	Interest Paid Net InterestPaidNet	13814	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	126858	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	446755	usd
	FVTI	Expense Paid By Related Parties On Behalf Of Company ExpensePaidByRelatedPartiesOnBehalfOfCompany	135081	usd
	FVTI	Expense Paid By Related Parties On Behalf Of Company ExpensePaidByRelatedPartiesOnBehalfOfCompany	532912	usd
	FVTI	Remeasurement Of Operating Lease Obligation And Rightofuse Assets Due To Lease Termination RemeasurementOfOperatingLeaseObligationAndRightofuseAssetsDueToLeaseTermination	40888	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	74588	usd
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	307550	usd
	FVTI	Cost Of Revenues From Related Parties CostOfRevenuesFromRelatedParties	508867	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_zXzVhe858Nnb" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_864_zhb7y1Lyk5u3">Use of estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant accounting estimates include certain assumptions related to going concern, allowance of doubtful accounts, allowance of deferred tax asset, implicit interest rate of operating leases, useful lives and impairment of long-lived assets, and impairment of goodwill. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zaOMV11BERNe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86C_zm5prYQbGSc3">Reclassification</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings and financial position.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	5484	usd
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	769387	usd
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	575495	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2915303	usd
CY2021Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	2005390	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	6513572	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	5474894	usd
CY2022Q3	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	176213	usd
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	382518	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	322084	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	5484	usd
CY2022Q3	FVTI	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	1249	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1475000	usd
CY2021Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	26364	usd
CY2022Q3	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	596006	usd
CY2022Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1957201	usd
CY2021Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1813904	usd
CY2022Q3	FVTI	Prepaid Expense Related Parties Current PrepaidExpenseRelatedPartiesCurrent	2484824	usd
CY2021Q4	FVTI	Prepaid Expense Related Parties Current PrepaidExpenseRelatedPartiesCurrent	2169095	usd
CY2022Q3	us-gaap	Other Assets Current OtherAssetsCurrent	22680	usd
CY2021Q4	us-gaap	Other Assets Current OtherAssetsCurrent	7618	usd
CY2022Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2507504	usd
CY2021Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2176713	usd
CY2021Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	683981	usd
	us-gaap	Revenues Revenues	120632	usd
	us-gaap	Revenues Revenues	495062	usd
	FVTI	Cost Of Revenues From Related Parties CostOfRevenuesFromRelatedParties	763663	usd
CY2022Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	242833	usd
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	240381	usd
CY2022Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	132814	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	99987	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	110019	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	140394	usd
	us-gaap	Depreciation Depreciation	32829	usd
	us-gaap	Depreciation Depreciation	14017	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3054434	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3411703	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1579434	usd
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1129913	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1475000	usd
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	2281790	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	615911	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	624082	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	190559	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	762238	usd
CY2022Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	509986	usd
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.25	pure
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	212274	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	319024	usd
	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.102	pure
	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.204	pure
	us-gaap	Lessee Operating Lease Description LesseeOperatingLeaseDescription	the Company has twenty one separate operating lease agreements for three office spaces, one warehouse and seventeen stores in PRC with remaining lease terms of from 2 months to 55 months.
	us-gaap	Operating Lease Cost OperatingLeaseCost	125182	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	107415	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	110768	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	101203	usd
CY2022Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y3M21D
CY2021Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y11M1D
CY2022Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0323	pure
CY2021Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0323	pure
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	46458	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	130694	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	102573	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	92635	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	41462	usd
CY2022Q3	FVTI	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	5621	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	419443	usd
CY2022Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	24278	usd
CY2022Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	395165	usd
CY2022Q3	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	interest at 14.4%
CY2022Q3	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	interest at 14.4%
CY2022Q3	us-gaap	Line Of Credit Facility Expiration Date1 LineOfCreditFacilityExpirationDate1	2024-07-13
CY2022Q3	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	interest at 12.6%
CY2022Q3	us-gaap	Long Term Debt LongTermDebt	502631	usd
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	289425	usd
CY2022Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	413207	usd
CY2021Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	101207	usd
CY2022Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	89424	usd
CY2021Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	188218	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	21077	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	13814	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	35384	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	410509	usd
CY2022Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	56738	usd
CY2022Q3	us-gaap	Long Term Debt LongTermDebt	502631	usd
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	150000000	shares
CY2021Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	313098220	shares
CY2021Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	313098220	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15655038	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15655038	shares
CY2022Q3	us-gaap	Share Price SharePrice	0.001

Files In Submission

Name	View Source	Status
0001493152-22-031555-index-headers.html	Edgar Link	pending
0001493152-22-031555-index.html	Edgar Link	pending
0001493152-22-031555.txt	Edgar Link	pending
0001493152-22-031555-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
fvti-20220930.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
fvti-20220930_cal.xml	Edgar Link	unprocessable
fvti-20220930_def.xml	Edgar Link	unprocessable
fvti-20220930_lab.xml	Edgar Link	unprocessable
fvti-20220930_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$FVTI
Fortune Valley Treasures, Inc. Stock $fvti

2022 Q4 Form 10-Q Financial Statement

#000149315222031555 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FVTI Fortune Valley Treasures, Inc. Stock $fvti

2022 Q4 Form 10-Q Financial Statement

#000149315222031555 Filed on November 14, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FVTI
Fortune Valley Treasures, Inc. Stock $fvti