Weiqiao Textile Company Limited
WQTEF · OTC
6/30/2023 | 12/31/2022 | 6/30/2022 | |
|---|---|---|---|
| Operating Activities | – | – | – |
| Net Income | -$527,007 | -$893,264 | -$670,045 |
| Dep. & Amort. | $383,601 | $358,598 | $370,200 |
| Deferred Tax | $0 | $0 | $0 |
| Stock-Based Comp. | $0 | $0 | $0 |
| Change in WC | $0 | $0 | $0 |
| Other Non-Cash | -$575,235 | $636,760 | $388,038 |
| Operating Cash Flow | -$1,485,843 | -$615,102 | -$652,207 |
| Investing Activities | – | – | – |
| PP&E Inv. | -$316,304 | -$635,214 | -$269,019 |
| Net Acquisitions | -$6,002 | $121,829 | $37,522 |
| Inv. Purchases | $0 | $0 | $0 |
| Inv. Sales/Matur. | $402,214 | -$326,557 | $317,810 |
| Other Inv. Act. | $0 | $4,653 | $0 |
| Investing Cash Flow | $79,908 | -$835,289 | $86,313 |
| Financing Activities | – | – | – |
| Debt Repay. | $0 | $0 | $0 |
| Stock Issued | $0 | $0 | $0 |
| Stock Repurch. | $0 | $0 | $0 |
| Dividends Paid | $0 | -$2,352 | -$33,074 |
| Other Fin. Act. | $55,787 | $2,062,838 | -$21,347 |
| Financing Cash Flow | $55,787 | $2,046,724 | -$242,955 |
| Forex Effect | $0 | $0 | -$891,332 |
| Net Chg. in Cash | -$2,192,359 | $420,657 | -$1,700,181 |
| Supplemental Information | – | – | – |
| Beg. Cash | $12,276,232 | $11,193,131 | $12,645,664 |
| End Cash | $10,083,873 | $11,613,788 | $10,945,483 |
| Free Cash Flow | -$1,802,146 | -$1,250,316 | -$921,227 |