Longwen Group Corp. (LWLW) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
RM 219, NO. 25 CAIHE RD HANGZHOU, 310002 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 18 | 68 | |||||||
| Cash and cash equivalents | 18 | 68 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 40 | ||||||||
| Inventory | 40 | ||||||||
| Prepaid expense | 46 | 58 | |||||||
| Disposal group, including discontinued operation | 481 | ||||||||
| Other undisclosed current assets | |||||||||
| Total current assets: | 585 | 127 | |||||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 255 | 274 | |||||||
| Intangible assets, net (including goodwill) | 4 | 5 | |||||||
| Goodwill | 1 | 1 | |||||||
| Intangible assets, net (excluding goodwill) | 3 | 4 | |||||||
| Total noncurrent assets: | 259 | 279 | |||||||
| TOTAL ASSETS: | 844 | 406 | |||||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 119 | 32 | |||||||
| Accounts payable | 119 | 32 | |||||||
| Other undisclosed accounts payable and accrued liabilities | |||||||||
| Debt | 199 | 90 | |||||||
| Deferred compensation liability | 31 | ||||||||
| Disposal group, including discontinued operation | 484 | ||||||||
| Other undisclosed current liabilities | 86 | 12 | 20 | 5 | 14 | ||||
| Total current liabilities: | 920 | 135 | 20 | 5 | 14 | ||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 31 | ||||||||
| Total liabilities: | 920 | 135 | 31 | 20 | 5 | 14 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (76) | 271 | (31) | (20) | (5) | (14) | |||
| Common stock | 8 | 7 | 0 | 0 | 0 | 10 | |||
| Additional paid in capital | 19,970 | 19,286 | 2,668 | 2,668 | 2,668 | 2,619 | |||
| Accumulated other comprehensive income (loss) | (0) | 6 | (29) | (34) | |||||
| Accumulated deficit | (20,054) | (19,028) | (2,699) | (2,688) | (2,672) | (2,643) | |||
| Other undisclosed equity, attributable to parent | 29 | 34 | |||||||
| Total equity: | (76) | 271 | (31) | (20) | (5) | (14) | |||
| TOTAL LIABILITIES AND EQUITY: | 844 | 406 | |||||||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 21 | 41 | ||||||
| Other income | (8) | 0 | ||||||
| Cost of revenue | (2) | |||||||
| Gross profit: | 19 | 41 | ||||||
| Operating expenses | (1,033) | (787) | (11) | (16) | (29) | (34) | ||
| Other undisclosed operating loss | (8) | (0) | ||||||
| Operating loss: | (1,023) | (746) | (11) | (16) | (29) | (34) | ||
| Nonoperating income (Investment Income, Nonoperating) | ||||||||
| Interest and debt expense | (1) | (7) | ||||||
| Loss from continuing operations before income taxes: | (1,023) | (747) | (11) | (16) | (29) | (40) | ||
| Income tax expense | ||||||||
| Other undisclosed income from continuing operations | ||||||||
| Loss from continuing operations: | (1,023) | (747) | (11) | (16) | (29) | (40) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (11) | (16) | (29) | (40) | |
| Income from discontinued operations | 4 | |||||||
| Other undisclosed net income (loss) | (8) | 1 | 6 | |||||
| Net loss: | (1,026) | (746) | (11) | (16) | (29) | (34) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net loss available to common stockholders, diluted: | (1,026) | (746) | (11) | (16) | (29) | (34) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,026) | (746) | (11) | (16) | (29) | (34) | ||
| Other comprehensive loss | (6) | (6) | ||||||
| Comprehensive loss: | (1,033) | (752) | (11) | (16) | (29) | (34) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 12 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (1,033) | (741) | (11) | (16) | (29) | (34) | ||
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.