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)

9/30/2023
MRQ
12/31/2022
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments68    35
Cash and cash equivalents68    35
Receivables      
Inventory, net of allowances, customer advances and progress billings      
Inventory      
Prepaid expense58     
Total current assets:127    35
Noncurrent Assets
Property, plant and equipment274     
Intangible assets, net (including goodwill)5     
Goodwill1     
Intangible assets, net (excluding goodwill)4     
Total noncurrent assets:279     
TOTAL ASSETS:406    35
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities32    3
Accounts payable32    3
Debt90    14
Other undisclosed current liabilities12 20514 
Total current liabilities:135 2051417
Noncurrent Liabilities
Other undisclosed liabilities  31    
Total liabilities:135312051417
Equity
Equity, attributable to parent, including:271(31)(20)(5)(14)18
Common stock70001010
Additional paid in capital19,2862,6682,6682,6682,6192,617
Accumulated other comprehensive income (loss)6  (29)(34) 
Accumulated deficit(19,028)(2,699)(2,688)(2,672)(2,643)(2,609)
Other undisclosed equity, attributable to parent   2934 
Total equity:271(31)(20)(5)(14)18
TOTAL LIABILITIES AND EQUITY:406    35

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

9/30/2023
TTM
12/31/2022
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues41     
Cost of revenue
(Other undisclosed Cost of revenue)
      
Gross profit:41     
Operating expenses(787)(11)(16)(29)(34)(19)
Other undisclosed operating loss(0)     
Operating loss:(746)(11)(16)(29)(34)(19)
Interest and debt expense(1)   (7)(3)
Loss from continuing operations before income taxes:(747)(11)(16)(29)(40)(22)
Income tax expense      
Loss from continuing operations:(747)(11)(16)(29)(40)(22)
Loss before gain (loss) on sale of properties:(11)(16)(29)(40)(22)
Other undisclosed net income1   6 
Net loss available to common stockholders, diluted:(746)(11)(16)(29)(34)(22)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(746)(11)(16)(29)(34)(22)
Other comprehensive loss(6)     
Comprehensive loss:(752)(11)(16)(29)(34)(22)
Other undisclosed comprehensive income, net of tax, attributable to parent12     
Comprehensive loss, net of tax, attributable to parent:(741)(11)(16)(29)(34)(22)

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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