Adveco Group Inc. (ADVV) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ROOM 1424 BLOCK 3 HUBEI, 050061 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 513 - Apparel, Piece Goods, And Notions (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 27 | 62 | 33 | ||||||
| Cash and cash equivalent | 27 | 62 | 33 | ||||||
| Receivables | 225 | 93 | 82 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 1,018 | 910 | 697 | ||||||
| Inventory | 1,018 | 910 | 697 | ||||||
| Other undisclosed current assets | 918 | 935 | 315 | ||||||
| Total current assets: | 2,188 | 2,000 | 1,128 | ||||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 708 | 901 | 895 | ||||||
| Intangible assets, net (including goodwill) | 2,402 | 2,474 | 2,418 | ||||||
| Intangible assets, net (excluding goodwill) | 2,402 | 2,474 | 2,418 | ||||||
| Other undisclosed noncurrent assets | 4,762 | 5,331 | 5,011 | ||||||
| Total noncurrent assets: | 7,871 | 8,706 | 8,324 | ||||||
| TOTAL ASSETS: | 10,059 | 10,706 | 9,452 | ||||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,366 | 69 | 117 | 5 | 5 | 5 | |||
| Taxes payable | 68 | 57 | 49 | ||||||
| Accounts payable | 1,298 | 1,011 | 944 | ||||||
| Other undisclosed accounts payable and accrued liabilities | (998) | (877) | 5 | 5 | 5 | ||||
| Debt | 175 | 316 | 389 | ||||||
| Due to related parties | 19,640 | 18,994 | 17,035 | 57 | 56 | 26 | |||
| Other undisclosed current liabilities | 183 | 1,563 | 1,018 | ||||||
| Total current liabilities: | 21,364 | 20,943 | 18,559 | 62 | 60 | 31 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 21,364 | 20,943 | 18,559 | 62 | 60 | 31 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (11,305) | (10,237) | (9,107) | (62) | (60) | (31) | |||
| Common stock | 434 | 434 | 434 | 7 | 7 | 7 | |||
| Additional paid in capital | 2,870 | 2,870 | 2,870 | 29 | 29 | 29 | |||
| Accumulated other comprehensive income | 267 | 34 | 256 | ||||||
| Accumulated deficit | (14,855) | (13,556) | (12,649) | (97) | (95) | (66) | |||
| Other undisclosed equity, attributable to parent | (21) | (19) | (18) | ||||||
| Equity, attributable to noncontrolling interest | (21) | ||||||||
| Other undisclosed equity | 21 | ||||||||
| Total equity: | (11,305) | (10,237) | (9,107) | (62) | (60) | (31) | |||
| TOTAL LIABILITIES AND EQUITY: | 10,059 | 10,706 | 9,452 | ||||||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 647 | 343 | 1,656 | |||||
| Other income | 205 | |||||||
| Cost of revenue | (622) | (261) | ||||||
| Other undisclosed gross profit | 1 | |||||||
| Gross profit: | 26 | 82 | ||||||
| Operating expenses | (1,530) | (997) | (3,573) | (2) | (28) | (23) | ||
| Other operating expense, net (Other Expenses) | (2) | |||||||
| Other undisclosed operating income | 2 | 193 | ||||||
| Operating loss: | (1,504) | (915) | (3,379) | (2) | (28) | (23) | ||
| Nonoperating income | 204 | 6 | ||||||
| Other nonoperating income | 204 | 6 | ||||||
| Interest and debt expense | (3) | (4) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (75) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (1,303) | (913) | (3,454) | (2) | (28) | (23) | ||
| Other undisclosed income from continuing operations before income taxes | 4 | 43 | ||||||
| Loss from continuing operations: | (1,303) | (909) | (3,411) | (2) | (28) | (23) | ||
| Loss before gain (loss) on sale of properties: | (1,303) | (909) | (3,411) | (2) | (28) | (23) | ||
| Net loss: | (1,303) | (909) | (3,411) | (2) | (28) | (23) | ||
| Other undisclosed net income (loss) attributable to parent | 2 | |||||||
| Net loss available to common stockholders, diluted: | (1,300) | (909) | (3,411) | (2) | (28) | (23) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,303) | (909) | (3,411) | (2) | (28) | (23) | ||
| Other comprehensive loss | (222) | |||||||
| Other undisclosed comprehensive income | 224 | |||||||
| Comprehensive loss: | (1,303) | (1,130) | (3,187) | (2) | (28) | (23) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 235 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,068) | (1,130) | (3,187) | (2) | (28) | (23) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.