Weiqiao Textile Company Limited

WQTEF · OTC
Analyze with AI
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenue$113,562,497$15,999,340$12,051,122$15,210,865
% Growth609.8%32.8%-20.8%
Cost of Goods Sold$120,525,496$14,718,521$11,141,238$14,247,207
Gross Profit-$6,962,999$1,280,819$909,884$963,657
% Margin-6.1%8%7.6%6.3%
R&D Expenses$0$0$356,907$113,231
G&A Expenses$2,603,158$2,214,797$1,812,450$1,927,868
SG&A Expenses$4,248,613$564,390$48,459$313,138
Sales & Mktg Exp.$1,645,456$1,437,169$984,710$1,006,536
Other Operating Expenses-$117,628$0$0$0
Operating Expenses$3,862,401$564,390$405,366$426,370
Operating Income-$1,668,961$716,429$504,517$537,288
% Margin-1.5%4.5%4.2%3.5%
Other Income/Exp. Net$754,972-$86,159-$61,331$5,361
Pre-Tax Income-$10,070,428$630,270$443,187$542,649
Tax Expense$636,885$26,555$250,051$327,607
Net Income-$10,672,944$604,241$193,705$218,961
% Margin-9.4%3.8%1.6%1.4%
EPS-8.910.5060.1620.183
% Growth-1,860.6%211.5%-11.4%
EPS Diluted-8.910.5060.1620.183
Weighted Avg Shares Out1,194,3891,194,3891,194,3891,194,389
Weighted Avg Shares Out Dil1,194,3891,194,3891,194,3891,194,389
Supplemental Information
Interest Income$1,096,016$106,630$29,578$33,221
Interest Expense$982,321$114,423$108,534$146,266
Depreciation & Amortization$4,985,839-$727,139-$804,765-$1,012,877
EBITDA-$4,458,325$1,443,568$1,309,282$1,550,165
% Margin-3.9%9%10.9%10.2%