Skip to content
MARKETS / FVTI
RETAIL-MISCELLANEOUS RETAIL · SMALL CAP

Fortune Valley Treasures, Inc. FVTI

9 fiscal years on record · USD · FY2023 reported · SEC filings only
$4.2M
▼ 54.1% YoY
$-4.0M
$-184,089
▼ 4353.4% YoY
In brief

What this company does

We conduct our business through our PRC subsidiaries, which are a food and beverage supply chain company group based in Guangdong province, China. We purchase, supply, distribute and sell alcohol and non-alcohol beverages, packaged staple foods, condiments and seasonings, and household drinking water related purification devices. Since our founding in 2011, we have primarily engaged in the wholesale distribution and retail sale of wine and liquor products in Southern China. FVTI was incorporated under the laws of the State of Nevada on March 21, 2014 under the name Crypto-Services, Inc. On September 22, 2016, the company amended its articles of incorporation to change its name from “Crypto-Services, Inc.” to “Fortune Valley Treasures, Inc.”

Written from the business description in Fortune Valley Treasures, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2024. Every sentence was checked against that document before publication.

Growth
USD 4.2M
Revenue, FY2023 · full 9-year series below
Revenue $M Net income $M
FY2023 · Revenue 4.2 · Net income -4.0
4M8M-2M-4M201520162017201820192020202120222023
Compound annual growth
−5.4%
+113.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +113.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−101 cents
lost on every revenue dollar
Operating margin Net margin
FY2023 · Operating -98.1% · Net -100.8%
-100%-200%201520162017201820192020202120222023
ROE
FY2023 · ROE -95.1%
-200%-400%201520162017201820192020202120222023

Each USD of equity lost 95 cents this year.

Cash & shareholders
returned in FY2023 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -0.2
0.4M0.8M-0.2M-0.4M201520162017201820192020202120222023

Total assetsUSD 6.2M
EquityUSD 2.1M
CashUSD 288,255.00
Gross debtUSD 670,065.00
Net debtUSD 381,810.00
Current ratio1.32×

Net debt stands at 18% of equity.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202320222021202020192018201720162015
Revenue $B0.00.00.00.00.00.00.0·0.0
Operating income $B−0.0−0.00.0−0.0−0.0−0.0−0.0··
EBITDA $B−0.0−0.00.0−0.0−0.0−0.0−0.0··
Income tax $B0.00.00.00.0−0.00.00.0··
Net income $B−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.00.0−0.00.0·····
EPS, diluted $−0.26−0.120.11−0.210.000.000.00−0.01−0.01
Dividend / sh $·········
Payout %·········
ROE %−95.1−25.122.1−103.8···−547.1−144.0
Shares out B0.020.020.020.020.310.310.310.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 40 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 55 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Miscellaneous Retail
Listed onnot stated in the filings
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2015

Share this section

Download image