$HCIL
Hongchang International Co., Ltd Stock $hcil

$hcil Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000154812313000329 Filed on August 14, 2013

Income Statement

Concept	2013 Q2	2012 Q2
Revenue	$273.9K	$285.2K
YoY Change	-3.96%	-43.1%
Cost Of Revenue	$107.5K	$52.51K
YoY Change	104.78%	28.81%
Gross Profit	$166.3K	$232.7K
YoY Change	-28.5%	-49.47%
Gross Profit Margin	60.74%	81.59%
Selling, General & Admin	$329.8K	$328.5K
YoY Change	0.4%	-57.6%
% of Gross Profit	198.27%	141.19%
Research & Development	$62.00K	$51.17K
YoY Change	21.17%	-2.05%
% of Gross Profit	37.27%	21.99%
Depreciation & Amortization	$0.00	$10.00K
YoY Change	-100.0%	0.0%
% of Gross Profit	0.0%	4.3%
Operating Expenses	$398.0K	$388.8K
YoY Change	2.37%	-53.53%
Operating Profit	-$231.6K	-$156.1K
YoY Change	48.37%	-58.5%
Interest Expense	$8.715K	$34.51K
YoY Change	-74.74%	-315.02%
% of Operating Profit
Other Income/Expense, Net	$152.0K	$9.779K
YoY Change	1454.4%	-196.6%
Pretax Income	-$79.63K	-$146.3K
YoY Change	-45.59%	-62.12%
Income Tax	-$29.10K	-$56.20K
% Of Pretax Income
Net Earnings	-$50.53K	-$90.14K
YoY Change	-43.94%	-67.49%
Net Earnings / Revenue	-18.45%	-31.61%
Basic Earnings Per Share	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00
COMMON SHARES
Basic Shares Outstanding	49.71M shares	49.71M shares
Diluted Shares Outstanding	49.71M shares	49.71M shares

Balance Sheet

Concept	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.770M	$580.0K
YoY Change	205.17%	-83.19%
Cash & Equivalents	$1.765M	$584.0K
Short-Term Investments
Other Short-Term Assets	$20.00K	$10.00K
YoY Change	100.0%	-96.67%
Inventory	$388.3K	$395.4K
Prepaid Expenses
Receivables	$71.52K	$104.3K
Other Receivables	$780.0K	$2.500M
Total Short-Term Assets	$3.029M	$3.585M
YoY Change	-15.51%	-13.81%
LONG-TERM ASSETS
Property, Plant & Equipment	$8.167K	$1.799M
YoY Change	-99.55%	-1.78%
Goodwill	$1.946M	$1.946M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$290.0K	$570.0K
YoY Change	-49.12%	-43.0%
Other Assets	$2.780M	$2.550M
YoY Change	9.02%	31.44%
Total Long-Term Assets	$5.021M	$6.862M
YoY Change	-26.82%	2.09%
TOTAL ASSETS
Total Short-Term Assets	$3.029M	$3.585M
Total Long-Term Assets	$5.021M	$6.862M
Total Assets	$8.050M	$10.45M
YoY Change	-22.94%	-3.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$51.96K	$102.4K
YoY Change	-49.24%	41.37%
Accrued Expenses	$224.3K	$621.0K
YoY Change	-63.89%	239.52%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$10.00K
YoY Change
Total Short-Term Liabilities	$307.8K	$916.8K
YoY Change	-66.42%	84.62%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$1.020M
YoY Change	-100.0%	2.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities		$1.024M
YoY Change		2.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$307.8K	$916.8K
Total Long-Term Liabilities		$1.024M
Total Liabilities	$307.8K	$1.941M
YoY Change	-84.14%	29.68%
SHAREHOLDERS EQUITY
Retained Earnings	-$10.38M	-$9.614M
YoY Change	7.94%	10.05%
Common Stock	$18.12M	$18.12M
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.742M	$8.506M
YoY Change
Total Liabilities & Shareholders Equity	$8.050M	$10.45M
YoY Change	-22.94%	-3.98%

Cashflow Statement

Concept	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	-$50.53K	-$90.14K
YoY Change	-43.94%	-67.49%
Depreciation, Depletion And Amortization	$0.00	$10.00K
YoY Change	-100.0%	0.0%
Cash From Operating Activities	-$270.0K	-$180.0K
YoY Change	50.0%	-300.0%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$510.0K	$220.0K
YoY Change	131.82%	-144.9%
Cash From Investing Activities	$510.0K	$220.0K
YoY Change	131.82%	-144.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.00K	-10.00K
YoY Change	0.0%
NET CHANGE
Cash From Operating Activities	-270.0K	-180.0K
Cash From Investing Activities	510.0K	220.0K
Cash From Financing Activities	-10.00K	-10.00K
Net Change In Cash	230.0K	30.00K
YoY Change	666.67%	-107.5%
FREE CASH FLOW
Cash From Operating Activities	-$270.0K	-$180.0K
Capital Expenditures	$0.00	$0.00
Free Cash Flow	-$270.0K	-$180.0K
YoY Change	50.0%

Facts In Submission

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	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Period End Date DocumentPeriodEndDate	2013-06-30
	dei	Document Type DocumentType	10-Q
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	dei	Entity Registrant Name EntityRegistrantName	PACIFIC WEBWORKS INC
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CY2012Q4	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	750000	USD
CY2011Q3	us-gaap	Notes And Loans Receivable Net Current NotesAndLoansReceivableNetCurrent	250000	USD
CY2013Q2	us-gaap	Notes Payable Current NotesPayableCurrent	9065	USD
CY2012Q4	us-gaap	Notes Payable Current NotesPayableCurrent		USD
	us-gaap	Operating Expenses OperatingExpenses	717344	USD
	us-gaap	Operating Expenses OperatingExpenses	876812	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	397983	USD
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	388784	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-375998	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-380528	USD
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-231637	USD
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-156122	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	13700	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		USD
CY2012Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5600	USD
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit		USD
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	455	USD
CY2013Q2	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit		USD
CY2012Q2	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit		USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities		USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	25000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	2000	USD
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	30000	USD
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable		USD
	us-gaap	Payments To Acquire Notes Receivable PaymentsToAcquireNotesReceivable	500000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2200	USD
CY2013Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	23309	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6142	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities		USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	250000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	509023	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment		USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8167	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1781383	USD
CY2011Q3	us-gaap	Related Party Transaction Rate RelatedPartyTransactionRate	0.15	pure
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	7562	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	120738	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	109159	USD
CY2013Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	62003	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	6003	USD
CY2012Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	51172	USD
CY2013Q2	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	96368	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents Noncurrent RestrictedCashAndCashEquivalentsNoncurrent	507854	USD
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-10377410	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-10238436	USD
	us-gaap	Revenues Revenues	501002	USD
	us-gaap	Revenues Revenues	612053	USD
CY2013Q2	us-gaap	Revenues Revenues	273880	USD
CY2012Q2	us-gaap	Revenues Revenues	285173	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	141189	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet		USD
CY2013Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	91581	USD
CY2012Q2	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet		USD
CY2013Q2	us-gaap	Security Deposit SecurityDeposit	4825	USD
CY2012Q4	us-gaap	Security Deposit SecurityDeposit		USD
	us-gaap	Selling Expense SellingExpense	75128	USD
	us-gaap	Selling Expense SellingExpense	20902	USD
CY2013Q2	us-gaap	Selling Expense SellingExpense	52143	USD
CY2012Q2	us-gaap	Selling Expense SellingExpense	12719	USD
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	7742019	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	7880993	USD
	us-gaap	Technology Services Revenue TechnologyServicesRevenue	359813	USD
	us-gaap	Technology Services Revenue TechnologyServicesRevenue	612053	USD
CY2013Q2	us-gaap	Technology Services Revenue TechnologyServicesRevenue	182299	USD
CY2012Q2	us-gaap	Technology Services Revenue TechnologyServicesRevenue	285173	USD
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49713895	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49713895	shares
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49713895	shares
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49713895	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49713895	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49713895	shares
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49713895	shares
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49713895	shares

Files In Submission

Name	View Source	Status
0001548123-13-000329-index-headers.html	Edgar Link	pending
0001548123-13-000329-index.html	Edgar Link	pending
0001548123-13-000329.txt	Edgar Link	pending
0001548123-13-000329-xbrl.zip	Edgar Link	pending
ex311.htm	Edgar Link	pending
ex312.htm	Edgar Link	pending
ex32.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
pweb-20130630.xml	Edgar Link	completed
pweb-20130630.xsd	Edgar Link	pending
pweb-20130630_cal.xml	Edgar Link	unprocessable
pweb-20130630_def.xml	Edgar Link	unprocessable
pweb-20130630_lab.xml	Edgar Link	unprocessable
pweb-20130630_pre.xml	Edgar Link	unprocessable
pwebexh102lease.htm	Edgar Link	pending
pweb_201310qq2v4.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
R10.htm	Edgar Link	pending
R10.xml	Edgar Link	unprocessable
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R11.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R12.xml	Edgar Link	unprocessable
R13.htm	Edgar Link	pending
R13.xml	Edgar Link	unprocessable
R14.htm	Edgar Link	pending
R14.xml	Edgar Link	unprocessable
R15.htm	Edgar Link	pending
R15.xml	Edgar Link	unprocessable
R16.htm	Edgar Link	pending
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R17.htm	Edgar Link	pending
R17.xml	Edgar Link	unprocessable
R18.htm	Edgar Link	pending
R18.xml	Edgar Link	unprocessable
R19.htm	Edgar Link	pending
R19.xml	Edgar Link	unprocessable
R2.htm	Edgar Link	pending
R2.xml	Edgar Link	unprocessable
R20.htm	Edgar Link	pending
R20.xml	Edgar Link	unprocessable
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R21.xml	Edgar Link	unprocessable
R22.htm	Edgar Link	pending
R22.xml	Edgar Link	unprocessable
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R24.htm	Edgar Link	pending
R24.xml	Edgar Link	unprocessable
R25.htm	Edgar Link	pending
R25.xml	Edgar Link	unprocessable
R26.htm	Edgar Link	pending
R26.xml	Edgar Link	unprocessable
R3.htm	Edgar Link	pending
R3.xml	Edgar Link	unprocessable
R4.htm	Edgar Link	pending
R4.xml	Edgar Link	unprocessable
R5.htm	Edgar Link	pending
R5.xml	Edgar Link	unprocessable
R6.htm	Edgar Link	pending
R6.xml	Edgar Link	unprocessable
R7.htm	Edgar Link	pending
R7.xml	Edgar Link	unprocessable
R8.htm	Edgar Link	pending
R8.xml	Edgar Link	unprocessable
R9.htm	Edgar Link	pending
R9.xml	Edgar Link	unprocessable
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$HCIL
Hongchang International Co., Ltd Stock $hcil

2013 Q2 Form 10-Q Financial Statement

#000154812313000329 Filed on August 14, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HCIL Hongchang International Co., Ltd Stock $hcil

2013 Q2 Form 10-Q Financial Statement

#000154812313000329 Filed on August 14, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HCIL
Hongchang International Co., Ltd Stock $hcil