YCQH AgTech Files Q2 2024 10-Q
Ticker: ZHJD · Form: 10-Q · Filed: Aug 23, 2024 · CIK: 1794276
| Field | Detail |
|---|---|
| Company | Ycqh Agricultural Technology Co. Ltd (ZHJD) |
| Form Type | 10-Q |
| Filed Date | Aug 23, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $ |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, agriculture, financials
TL;DR
YCQH AgTech's Q2 10-Q is in. Check financials for latest performance.
AI Summary
YCQH Agricultural Technology Co. Ltd filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the company, which is involved in agricultural chemicals. Specific financial figures and operational highlights for the second quarter and year-to-date periods are presented.
Why It Matters
This filing provides investors and stakeholders with the latest financial health and operational status of YCQH Agricultural Technology Co. Ltd, crucial for understanding its market position and future prospects.
Risk Assessment
Risk Level: medium — As a 10-Q filing, it contains detailed financial information that could reveal significant performance trends or risks for YCQH Agricultural Technology Co. Ltd.
Key Numbers
- 20240630 — Period End Date (Indicates the end of the fiscal quarter being reported.)
- 20240823 — Filing Date (Shows when the report was officially submitted to the SEC.)
Key Players & Entities
- YCQH Agricultural Technology Co. Ltd (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240823 (date) — Filing date
- NV (state) — State of incorporation
- CHENGDU, SICHUAN PROVINCE (location) — Company's business and mailing address
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended June 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on August 23, 2024.
What is the company's full name and Central Index Key (CIK)?
The company's full name is YCQH Agricultural Technology Co. Ltd, and its CIK is 0001794276.
In which state is YCQH Agricultural Technology Co. Ltd incorporated?
YCQH Agricultural Technology Co. Ltd is incorporated in Nevada (NV).
What is the business address of YCQH Agricultural Technology Co. Ltd?
The business address is NO. 1408, NORTH DISTRICT, LIBAO BUILDING, KEHUA NORTH ROAD NO. 62, WUHOU DISTRICT, CHENGDU, SICHUAN PROVINCE.
Filing Stats: 4,591 words · 18 min read · ~15 pages · Grade level 15.2 · Accepted 2024-08-23 16:05:43
Key Financial Figures
- $ — cy is not the US$ are translated into US$, in accordance with ASC Topic 830-30, "
Filing Documents
- form10-q.htm (10-Q) — 1138KB
- ex31-1.htm (EX-31.1) — 17KB
- ex32-1.htm (EX-32.1) — 8KB
- 0001493152-24-033708.txt ( ) — 5413KB
- ycqh-20240630.xsd (EX-101.SCH) — 38KB
- ycqh-20240630_cal.xml (EX-101.CAL) — 46KB
- ycqh-20240630_def.xml (EX-101.DEF) — 93KB
- ycqh-20240630_lab.xml (EX-101.LAB) — 292KB
- ycqh-20240630_pre.xml (EX-101.PRE) — 228KB
- form10-q_htm.xml (XML) — 1044KB
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 3-9 ITEM 3.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 10 ITEM 4.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 10 PART II OTHER INFORMATION 12 ITEM 1
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 12 ITEM 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 12 ITEM 3 DEFAULTS UPON SENIOR SECURITIES 12 ITEM 4 MINE SAFETY DISCLOSURES 12 ITEM 5 OTHER INFORMATION 12 ITEM 6 EXHIBITS 12
SIGNATURES
SIGNATURES 13 2 PART I — FINANCIAL INFORMATION ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS YCQH AGRICULTURAL TECHNOLOGY CO. LTD CONDENSED CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2024 AND DECEMBER 31, 2023 (Currency expressed in United States Dollars ("US
quot;), except for number of shares or otherwise stated) As of June 30, 2024 As of (UNAUDITED) December 31, 2023 ASSETS Current assets Cash and cash equivalents $ 1,481 $ 95,938 Inventories 105,138 113,688 Prepayment, deposits and other receivables 209,547 132,747 Total current assets 316,166 342,373 Non-current Assets Right-of-use assets, net - 34,954 Total non-current assets - 34,954 TOTAL ASSETS $ 316,166 $ 377,327 LIABILITIES AND STOCKHOLDERS' DEFICIT Current liabilities Trade payables $ 2,247 $ 12,597 Other payables and accrued liabilities 11,969 32,242 Deferred revenue 159 14,782 Amount due to a director 455,160 501,890 Lease liability – current portion - 34,954 Total current liabilities 469,535 596,465 TOTAL LIABILITIES 469,535 596,465 STOCKHOLDERS' DEFICIT Preferred stock, $ 0.0001 par value; 200,000,000 shares authorized; 0 issued and outstanding Common stock, $ 0.0001 par value; 800,000,000 shares authorized; 101,400,000 shares of common stock issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 10,140 10,140 Additional paid-in capital 148,860 148,860 Accumulated other comprehensive income ( 3,215 ) 1,860 Accumulated deficit ( 309,154 ) ( 379,998 ) TOTAL STOCKHOLDERS' DEFICIT ( 153,369 ) ( 219,138 ) TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 316,166 $ 377,327 See accompanying notes to unaudited condensed consolidated financial statements. F-1 YCQH AGRICULTURAL TECHNOLOGY CO. LTD UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS) FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 AND 2023 (Currency expressed