$QSJC
Tancheng Group Co Ltd

2022 Q3 Form 10-K Financial Statement

#000175339122000019 Filed on September 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 2021 Q3
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $133.9K $517.2K
YoY Change
Gross Profit $19.25K $73.06K
YoY Change
Gross Profit Margin
Selling, General & Admin $14.87K $62.80K $13.61K
YoY Change 9.26% 36.37% 291.09%
% of Gross Profit 77.26% 85.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $900.00 $900.00
YoY Change 0.0%
% of Gross Profit 4.68% 1.23%
Operating Expenses $15.77K $63.70K $13.61K
YoY Change 15.87% 38.33% 291.09%
Operating Profit -$34.71K $63.70K
YoY Change 38.33%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$15.77K -$63.70K -$13.61K
YoY Change 15.87% 38.33% 291.09%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$15.77K -$63.70K -$13.61K
YoY Change 15.87% 38.33% 291.09%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 -$0.23
Diluted Earnings Per Share -$3.599K $0.01 -$3.106K
COMMON SHARES
Basic Shares Outstanding 4.382M shares 4.382M shares
Diluted Shares Outstanding 4.382M shares 4.382M shares

Balance Sheet

Concept 2022 Q3 2022 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.890K $1.890K $120.00
YoY Change 1475.0% 1475.0% -92.55%
Cash & Equivalents $1.889K $124.00
Short-Term Investments
Other Short-Term Assets $690.00 $690.00 $730.00
YoY Change -5.48% -5.48% -13.1%
Inventory
Prepaid Expenses $621.00 $621.00
Receivables
Other Receivables
Total Short-Term Assets $2.582K $2.580K $850.00
YoY Change 203.76% 203.53% -65.31%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $21.08K $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $21.08K $21.09K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $2.582K $2.580K $850.00
Total Long-Term Assets $21.08K $21.09K $0.00
Total Assets $23.67K $23.67K $850.00
YoY Change 2684.24% 2684.71% -65.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.990K $5.990K
YoY Change
Accrued Expenses $68.40K $68.40K $22.80K
YoY Change 200.0% 200.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $146.1K $146.1K $59.59K
YoY Change 145.2% 145.19% 293.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $146.1K $146.1K $59.59K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $146.1K $146.1K $59.59K
YoY Change 145.2% 145.19% 293.59%
SHAREHOLDERS EQUITY
Retained Earnings $143.6K $79.88K
YoY Change 79.75%
Common Stock $4.381K $4.381K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$122.4K -$122.5K -$58.75K
YoY Change
Total Liabilities & Shareholders Equity $23.67K $23.67K $850.00
YoY Change 2684.24% 2684.71% -65.31%

Cashflow Statement

Concept 2022 Q3 2022 2021 Q3
OPERATING ACTIVITIES
Net Income -$15.77K -$63.70K -$13.61K
YoY Change 15.87% 38.33% 291.09%
Depreciation, Depletion And Amortization $900.00 $900.00
YoY Change 0.0%
Cash From Operating Activities $1.960K $11.18K -$2.650K
YoY Change -173.96% -148.32% -60.86%
INVESTING ACTIVITIES
Capital Expenditures -$5.980K -$21.98K
YoY Change -200.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$5.980K $21.98K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.790K $34.93K 2.650K
YoY Change 118.49% 61.34% -64.19%
NET CHANGE
Cash From Operating Activities 1.960K $11.18K -2.650K
Cash From Investing Activities -5.980K $21.98K
Cash From Financing Activities 5.790K $34.93K 2.650K
Net Change In Cash 1.770K -$1.765K 0.000
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities $1.960K $11.18K -$2.650K
Capital Expenditures -$5.980K -$21.98K
Free Cash Flow $7.940K $33.16K
YoY Change -173.5%

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