Longwen Group Corp. financial data

Symbol
LWLW on OTC
Industry
Services-Management Consulting Services
Location
Rm 219, No. 25 Caihe Rd, Shangcheng Dist., Hangzhou, China
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Allied Ventures Holdings Corp. (to 12/29/2016), Dephasium Corp. (to 1/14/2015), ALLIED VENTURES HOLDING CORP. (to 2/5/2013), Pay Mobile, Inc (to 11/13/2012), EXPERTELLIGENCE INC (to 3/30/2011)
Latest financial report
10-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 60.8 % -31.8%
Quick Ratio 8.37 %
Debt-to-equity 870 % +429%
Return On Equity -1.87K % -223%
Return On Assets -193 % +12.1%
Operating Margin -4.85K % -167%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 80.4M shares +0.71%
Common Stock, Shares, Outstanding 80.4M shares +0.71%
Entity Public Float 2.78M USD -49.6%
Common Stock, Value, Issued 8.04K USD +0.71%
Weighted Average Number of Shares Outstanding, Basic 80.2M shares +1.23%
Weighted Average Number of Shares Outstanding, Diluted 80.2M shares +1.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 21.1K USD -48.7%
Revenue from Contract with Customer, Excluding Assessed Tax 16.3K USD +724%
Cost of Revenue -1.05M USD -99.6%
Operating Income (Loss) -1.02M USD +26.8%
Nonoperating Income (Expense) 3.7K USD
Income Tax Expense (Benefit) 2.42K USD
Net Income (Loss) Attributable to Parent -1.08M USD +19.3%
Earnings Per Share, Basic -0.01 USD/shares +50%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 33K USD +286%
Inventory, Net 43.8K USD +10.8%
Assets, Current 102K USD -81.7%
Property, Plant and Equipment, Net 247K USD -3.17%
Intangible Assets, Net (Excluding Goodwill) 2.58K USD -16.9%
Goodwill 1.13K USD 0%
Assets 352K USD -56.8%
Accounts Payable, Current 119K USD +274%
Liabilities, Current 164K USD -74.8%
Liabilities 164K USD -74.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 242 USD
Retained Earnings (Accumulated Deficit) -20.9M USD -5.47%
Stockholders' Equity Attributable to Parent 188K USD +15.1%
Liabilities and Equity 352K USD -56.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -101K USD +39.9%
Net Cash Provided by (Used in) Financing Activities 114K USD -4.97%
Net Cash Provided by (Used in) Investing Activities -609 USD
Common Stock, Shares Authorized 550M shares 0%
Common Stock, Shares, Issued 80.4M shares +0.71%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -47.3K USD -141%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 18.4K USD -72.9%
Deferred Tax Assets, Valuation Allowance 847K USD +34.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Depreciation 3.26K USD +1.06%
Payments to Acquire Property, Plant, and Equipment 609 USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.08M USD +19.1%
Property, Plant and Equipment, Gross 11.4K USD +62%
Preferred Stock, Shares Authorized 50M shares 0%
Additional Paid in Capital 21M USD +5.14%
Interest Expense 26 USD -52.7%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%