QHY Group (QHYG) Financial Statements (2024 and earlier)

Company Profile

Business Address 1501 BROADWAY
NEW YORK, NY 10036
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 4955 - Hazardous Waste Management (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 7,061136116
Cash and cash equivalents 7,061136116
Receivables   283,720
Inventory, net of allowances, customer advances and progress billings   292,500
Inventory   292,500
Total current assets: 7,061136576,336
Noncurrent Assets
Long-term investments and receivables 430,606375,822283,720
Due from related parties 430,606375,822283,720
Total noncurrent assets: 430,606375,822283,720
Other undisclosed assets 1,765,9941,820,7782,087,597
TOTAL ASSETS: 2,203,6612,196,7362,947,653
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,139,809573,04090,575
Accounts payable 1,139,809573,04090,575
Due to related parties 510,500346,500182,500
Other liabilities   10,188
Other undisclosed current liabilities  423,645292,500
Total current liabilities: 1,650,3091,343,185575,763
Noncurrent Liabilities
Other undisclosed noncurrent liabilities   298,716
Total noncurrent liabilities:   298,716
Other undisclosed liabilities 519,317  
Total liabilities: 2,169,6261,343,185874,479
Equity
Equity, attributable to parent 34,035853,5512,073,174
Common stock 87,27087,27087,270
Additional paid in capital 7,243,0017,243,0017,243,001
Accumulated deficit (7,296,236)(6,476,720)(5,257,097)
Total equity: 34,035853,5512,073,174
TOTAL LIABILITIES AND EQUITY: 2,203,6612,196,7362,947,653

Income Statement (P&L) (USD)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Gross profit:  (292,500) 
Operating expenses (1,364,028)(1,186,796)(482,485)
Other operating expense, net (25,828)(32,827)(4,554,896)
Noninterest income, other operating income 7,000  
Other expenses (32,828)(32,827)(4,554,896)
Operating loss: (1,389,856)(1,512,123)(5,037,381)
Interest and debt expense (40,888)(32,827)(14,996)
Loss from continuing operations: (1,430,744)(1,544,950)(5,052,377)
Loss before gain (loss) on sale of properties:(1,430,744)(1,544,950)(5,052,377)
Other undisclosed net income 2,250,260325,32714,996
Net income (loss): 819,516(1,219,623)(5,037,381)
Other undisclosed net loss attributable to parent (1,639,032)  
Net loss available to common stockholders, diluted: (819,516)(1,219,623)(5,037,381)

Comprehensive Income (USD)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Net income (loss): 819,516(1,219,623)(5,037,381)
Comprehensive income (loss): 819,516(1,219,623)(5,037,381)
Other undisclosed comprehensive income, net of tax, attributable to parent  2,439,246 
Comprehensive income (loss), net of tax, attributable to parent: 819,5161,219,623(5,037,381)

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.

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