Weiqiao Textile Company Limited

WQTEF · OTC
Analyze with AI
6/30/2023
12/31/2022
6/30/2022
Revenue$8,308,639$8,149,779$8,548,304
% Growth1.9%-4.7%
Cost of Goods Sold$8,285,651$8,737,328$8,980,427
Gross Profit$22,988-$587,549-$432,123
% Margin0.3%-7.2%-5.1%
R&D Expenses$0$0$0
G&A Expenses$0$0$0
SG&A Expenses$271,911$314,063$310,214
Sales & Mktg Exp.$0$0$0
Other Operating Expenses$0$0$0
Operating Expenses$271,911$314,063$310,214
Operating Income-$248,922-$901,612-$742,337
% Margin-3%-11.1%-8.7%
Other Income/Exp. Net-$197,696$92,440$72,236
Pre-Tax Income-$446,619-$809,173-$670,101
Tax Expense$83,160$88,898$2,705
Net Income-$527,007-$893,264-$670,045
% Margin-6.3%-11%-7.8%
EPS-0.441-0.754-0.561
% Growth41.5%-34.4%
EPS Diluted-0.441-0.754-0.561
Weighted Avg Shares Out1,194,3891,194,3891,194,389
Weighted Avg Shares Out Dil1,194,3891,194,3891,194,389
Supplemental Information
Interest Income$76,834$82,064$78,931
Interest Expense$125,245$74,132$70,135
Depreciation & Amortization$383,601$358,598$370,200
EBITDA$134,679-$543,014-$372,137
% Margin1.6%-6.7%-4.4%