TANCHENG GROUP CO., LTD. (QSJC) Financial Statements (2025 and earlier)

Company Profile

Business Address NO.32, HUILI TOWNSHIP, JIAOCHENG COUNTY,
LVLIANG CITY, 030500
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments      274,387
Cash and cash equivalents      274,387
Receivables9987167317115,360440,516
Inventory, net of allowances, customer advances and progress billings1,231,4651,239,7551,252,1501,195,3491,087,786735,868
Inventory1,231,4651,239,7551,252,1501,195,3491,087,786735,868
Other undisclosed current assets88,5481,803,3382,124,1042,151,8562,888,9321,815,758
Total current assets:1,321,0113,043,8093,376,9853,347,9163,982,0783,266,529
Noncurrent Assets
Property, plant and equipment108,418115,784124,568128,123135,138 
Total noncurrent assets:108,418115,784124,568128,123135,138 
TOTAL ASSETS:1,429,4293,159,5933,501,5533,476,0394,117,2163,266,529
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 27,367153,572152,379466,830 
Accounts payable 27,367153,572152,379466,830 
Debt      436,752
Other liabilities   1,319,867   
Other undisclosed current liabilities2,803,4724,419,5313,223,4134,433,1244,782,6674,001,943
Total current liabilities:2,803,4724,446,8984,696,8524,585,5035,249,4974,438,695
Noncurrent Liabilities
Total liabilities:2,803,4724,446,8984,696,8524,585,5035,249,4974,438,695
Equity
Equity, attributable to parent, including:(1,374,043)(1,287,305)(1,195,299)(1,109,464)(1,132,281)(1,172,166)
Common stock4,3824,3824,3824,3824,382 
Additional paid in capital162,864162,864162,864162,864162,864162,864
Accumulated other comprehensive income72,89266,46750,68172,38072,59421,434
Accumulated deficit(1,614,181)(1,521,018)(1,413,226)(1,349,090)(1,372,121)(1,360,846)
Other undisclosed equity, attributable to parent      4,382
Total equity:(1,374,043)(1,287,305)(1,195,299)(1,109,464)(1,132,281)(1,172,166)
TOTAL LIABILITIES AND EQUITY:1,429,4293,159,5933,501,5533,476,0394,117,2163,266,529

Income Statement (P&L) (USD)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Revenues244157,625142,424625,954854,097346,619
Cost of revenue(2,101)(115,949)(102,179)(458,364)(737,498)(310,206)
Gross profit:(1,857)41,67640,245167,590116,59936,413
Operating expenses(91,309)(149,573)(104,558)(144,967)(128,291)(273,777)
Operating income (loss):(93,166)(107,897)(64,313)22,623(11,692)(237,364)
Income (loss) from continuing operations before equity method investments, income taxes:(93,166)(107,897)(64,313)22,623(11,692)(237,364)
Other undisclosed income from continuing operations before income taxes310517740841778
Net income (loss) available to common stockholders, diluted:(93,163)(107,792)(64,136)23,031(11,275)(237,286)

Comprehensive Income (USD)

9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
Net income (loss):(93,163)(107,792)(64,136)23,031(11,275)(237,286)
Other comprehensive income (loss)  15,786(21,699)  (4,971)
Comprehensive income (loss):(93,163)(92,006)(85,835)23,031(11,275)(242,257)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent6,425  (214)51,160 
Comprehensive income (loss), net of tax, attributable to parent:(86,738)(92,006)(85,835)22,81739,885(242,257)

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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