Fortune Valley Treasures, Inc.
FVTI · Retail-Miscellaneous Retail · 15.7M shares · EDGAR filings ↗
Grade
D44Loss-making Chinese food-supply micro-cap with going-concern risk and collapsing revenue.
Strengths
- Adequate liquidity ratios (current 1.32, ~75th pct; quick 1.31, ~81st pct)
- Low debt-to-equity (0.10, ~28th pct)
Risks
- Revenue fell 54% and net/operating margins are deeply negative (~8th-9th pct), with explicit going-concern language
- PRC/VIE governance, currency-transfer and HFCAA delisting red flags plus controlling-shareholder concentration
Notable findings
- No interest coverageInterest coverage -108.27 (cannot cover interest)
- Net lossNet loss (net margin -95.5%)
- Cash burnNegative free cash flow (-0.2M)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
46.8%
Operating margin
-98.1%
Net margin
-95.5%
Return on equity
-190.9%
Return on assets
-64.8%
ROIC
-140.8%
Revenue growth (QoQ)
-7.8%
Debt / equity
0.1×
Interest coverage
-108.3×
Current ratio
1.3×
Free cash flow
-$184K
EBITDA
-$4M
Tangible book value
$2M
Cash & investments
$288K
Cash runway
6q
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2025-05-15 | Exec/director changeExhibits | filing ↗ |
| 2025-01-13 | Material agreementAcquisition/dispositionExhibits | filing ↗ |
| 2025-01-13 | Non-reliance/restatementExhibits | filing ↗ |
| 2024-10-04 | Auditor changeExhibits | filing ↗ |
| 2024-08-22 | Exec/director changeExhibits | filing ↗ |
| 2024-08-12 | Exec/director changeExhibits | filing ↗ |
| 2024-07-17 | Exec/director change | filing ↗ |
| 2024-07-01 | Exec/director change | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2025-05-15 | 2025-05-15 | 0001641172-25-011034 ↗ |
| 8-K | 2025-01-13 | 2025-01-13 | 0001493152-25-001850 ↗ |
| 8-K | 2025-01-13 | 2025-01-13 | 0001493152-25-001916 ↗ |
| 8-K | 2024-10-04 | 2024-10-04 | 0001493152-24-039482 ↗ |
| 8-K | 2024-08-22 | 2024-08-22 | 0001493152-24-033592 ↗ |
| 10-Q | 2024-08-14 | 2024-06-30 | 0001493152-24-031979 ↗ |
| 8-K | 2024-08-12 | 2024-08-12 | 0001493152-24-031113 ↗ |
| 8-K | 2024-07-17 | 2024-07-17 | 0001493152-24-028158 ↗ |
| 8-K | 2024-07-01 | 2024-07-01 | 0001493152-24-025785 ↗ |
| 8-K | 2024-06-07 | 2024-06-07 | 0001493152-24-023091 ↗ |
| 10-Q | 2024-05-20 | 2024-03-31 | 0001493152-24-020675 ↗ |
| 10-K | 2024-04-15 | 2023-12-31 | 0001493152-24-014607 ↗ |