Weiqiao Textile Company Limited
WQTEF · OTC
6/30/2023 | 12/31/2022 | 6/30/2022 | |
|---|---|---|---|
| Assets | – | – | – |
| Cash & Equivalents | $10,083,873 | $11,613,788 | $10,945,483 |
| Short-Term Investments | $0 | $0 | $0 |
| Receivables | $485,722 | $510,620 | $728,216 |
| Inventory | $4,622,417 | $3,772,993 | $3,972,682 |
| Other Curr. Assets | $43 | $42 | $5,364 |
| Total Curr. Assets | $15,192,056 | $15,897,444 | $15,651,746 |
| Property Plant & Equip (Net) | $8,577,400 | $8,698,968 | $8,928,188 |
| Goodwill | $0 | $0 | $0 |
| Intangibles | $719 | $603 | $68 |
| Long-Term Investments | $169,302 | $168,189 | $154,573 |
| Tax Assets | $63,293 | $103,019 | $141,597 |
| Other NC Assets | $208,017 | $247,793 | $0 |
| Total NC Assets | $9,018,731 | $9,218,572 | $9,224,426 |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $24,210,787 | $25,116,016 | $24,876,173 |
| Liabilities | – | – | – |
| Payables | $692,091 | $953,869 | $1,227,138 |
| Short-Term Debt | $4,406,411 | $4,358,736 | $2,460,538 |
| Tax Payable | $294,132 | $907,219 | $913,312 |
| Deferred Revenue | $185,077 | $258,397 | $165,500 |
| Other Curr. Liab. | $705,936 | $249,463 | $386,031 |
| Total Curr. Liab. | $6,880,182 | $7,542,342 | $6,196,512 |
| LT Debt | $453,200 | $391,943 | $296,181 |
| Deferred Rev, NC | $99,548 | $719,657 | $113,923 |
| Deferred Tax Liab, NC | $963 | $951 | $1,050 |
| Other NC Liab. | $19,444 | -$695,666 | $28,926 |
| Total NC Liab. | $573,155 | $416,885 | $440,079 |
| Other Liabilities | $0 | $0 | $0 |
| Cap. Leases | $0 | $0 | $0 |
| Total Liabilities | $7,453,337 | $7,959,227 | $6,636,591 |
| Equity | – | – | – |
| Pref Stock | $0 | $0 | $0 |
| Common Stock | $1,190,558 | $1,176,211 | $1,195,117 |
| Retained Earnings | $7,053,005 | $7,464,662 | $8,492,813 |
| AOCI | $8,510,234 | $8,407,675 | $8,542,823 |
| Other Equity | $0 | $0 | $0 |
| Total Equity | $16,753,798 | $17,048,548 | $18,230,753 |
| Supplemental Information | – | – | – |
| Minority Interest | $3,652 | $4,811 | $8,828 |
| Total Liab. & Tot. Equity | $24,210,787 | $25,116,016 | $24,876,173 |
| Net Debt | -$5,224,262 | -$6,863,110 | -$8,188,765 |