Fortune Valley Treasures, Inc.
FVTIOTCConsumer Discretionary · Retail-Miscellaneous Retail · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $4.2M | $9.2M | $8.0M | $5.0M | $275,219 | $95,849 |
| Operating income | −$4.2M | −$1.9M | $2.2M | −$3.2M | −$380,343 | −$266,085 |
| Net income | −$4.0M | −$1.9M | $1.8M | −$3.3M | −$377,756 | −$262,424 |
| Total assets | $6.2M | $9.3M | $11.7M | $9.7M | $193,037 | $348,114 |
| Total liabilities | $4.3M | $2.8M | $2.2M | $2.4M | $953,541 | $735,342 |
| Equity | $2.1M | $6.4M | $9.1M | $7.0M | −$760,504 | −$387,228 |
| EPS (diluted) | $-0.26 | $-0.12 | $0.11 | — | — | — |
| Shares out. | 15.7M | 15.7M | 313.1M | 307.8M | 307.8M | 307.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −98.1%
- Net margin
- −95.5%
- Return on equity
- −190.9%
- Return on assets
- −64.8%
- Return on capital (ROCE)
- −173.4%
- Liabilities / assets
- 68.1%
- Debt / equity
- 2.01×
- Book value / share
- $0.14
- Revenue growth (YoY)
- −54.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -7.12distress
- Accruals / assets
- −61.9%clean
- Beneish M-Score
- -6.23normal
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 4 warning● 1 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2021
- NT 10-Qmissed a reporting deadline ↗Nov 17, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Shen XinlongOfficer — CEO, CFO | Aug 10, 2016 | Buy | 780,000 | $0.01 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeMay 15, 2025
- Prior financials not reliable (restatement)Jan 13, 2025
- Entered a material agreement · Completed an acquisition or dispositionJan 13, 2025
- Changed auditorOct 4, 2024
- Director / officer changeAug 22, 2024
- Director / officer changeAug 12, 2024
- Director / officer changeJul 17, 2024
- Director / officer changeJul 1, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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