Adveco Group Inc (ADVV) financial statements (2020 and earlier)

Company profile

Business Address ROOM 1424 BLOCK 3
HUBEI, 050061
State of Incorp. NV
Fiscal Year End December 31
SIC 513 - Apparel, Piece Goods, And Notions (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments28276233  
Cash and cash equivalents28276233  
Receivables1522259382  
Inventory, net of allowances, customer advances and progress billings9751,018910697  
Inventory9751,018910697  
Other undisclosed current assets492918935315  
Total current assets:1,6472,1882,0001,128  
Noncurrent Assets
Property, plant and equipment624708901895  
Intangible assets, net (including goodwill)2,3262,4022,4742,418  
Intangible assets, net (excluding goodwill)2,3262,4022,4742,418  
Other undisclosed noncurrent assets4,6694,7625,3315,011  
Total noncurrent assets:7,6197,8718,7068,324  
TOTAL ASSETS:9,26710,05910,7069,452  
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,5421,3666911755
Accounts payable1,4581,2981,011944  
Taxes payable84685749  
Other undisclosed accounts payable and accrued liabilities  (998)(877)55
Debt140175316389  
Due to related parties19,58919,64018,99417,0355756
Other undisclosed current liabilities2101831,5631,018  
Total current liabilities:21,48221,36420,94318,5596260
Noncurrent Liabilities
Total liabilities:21,48221,36420,94318,5596260
Stockholders' equity
Stockholders' equity attributable to parent, including:(12,215)(11,305)(10,237)(9,107)(62)(60)
Common stock 43443443477
Additional paid in capital2,8702,8702,8702,8702929
Accumulated other comprehensive income71326734256  
Accumulated deficit(16,210)(14,855)(13,556)(12,649)(97)(95)
Other undisclosed stockholders' equity attributable to parent411(21)(19)(18)  
Stockholders' equity attributable to noncontrolling interest(23)(21)    
Other undisclosed stockholders' equity2321    
Total stockholders' equity:(12,215)(11,305)(10,237)(9,107)(62)(60)
TOTAL LIABILITIES AND EQUITY:9,26710,05910,7069,452  

Income statement (P&L) ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues7536473431,656  
Other income16205    
Cost of revenue(613)(622)(261)   
Other undisclosed gross profit 1    
Gross profit:1392682   
Operating expenses(1,562)(1,530)(997)(3,573)(2)(28)
Other operating expense, net
(Other Expenses)
 (2)    
Other undisclosed operating income 2 193  
Operating loss:(1,423)(1,504)(915)(3,379)(2)(28)
Nonoperating income672046   
Other nonoperating income672046   
Interest and debt expense16(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:(1,339)(1,303)(913)(3,454)(2)(28)
Other undisclosed income from continuing operations before income taxes  443  
Net loss:(1,339)(1,303)(909)(3,411)(2)(28)
Other undisclosed net income (loss) attributable to parent(17)2    
Net loss available to common stockholders, diluted:(1,356)(1,300)(909)(3,411)(2)(28)

Comprehensive Income ($ in thousands)

9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net loss:(1,339)(1,303)(909)(3,411)(2)(28)
Other comprehensive loss  (222)   
Other undisclosed comprehensive income   224  
Comprehensive loss:(1,339)(1,303)(1,130)(3,187)(2)(28)
Other undisclosed comprehensive income, net of tax, attributable to parent430235    
Comprehensive loss, net of tax, attributable to parent:(909)(1,068)(1,130)(3,187)(2)(28)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: