10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000721748-15-000020 |
| Period End Date | 20141130 |
| Filing Date | 20150109 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | tfhw-20141130.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
80.00M | shares | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
80.00M | shares | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
80.00M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$5.23M | USD | Point-in-time |
| Common Stock, Shares Issued |
CommonStockSharesIssued
|
34.40M | shares | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$5.87M | USD | Point-in-time |
| Common Stock, Shares Issued |
CommonStockSharesIssued
|
34.40M | shares | Point-in-time |
| Common Stock, Shares Outstanding |
CommonStockSharesOutstanding
|
34.40M | shares | Point-in-time |
| Common Stock, Shares Outstanding |
CommonStockSharesOutstanding
|
14.38M | shares | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$431.94K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$1.56M | USD | Point-in-time |
| Common Stock, Shares Outstanding |
CommonStockSharesOutstanding
|
34.40M | shares | Point-in-time |
| Inventory, net |
InventoryNet
|
$972.60K | USD | Point-in-time |
| Inventory, net |
InventoryNet
|
$375.75K | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
- | USD | Point-in-time |
| Prepaid income taxes |
PrepaidTaxes
|
$50.35K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$28.51K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$40.62K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.42M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$6.13M | USD | Point-in-time |
| Fixed assets, net |
NoncurrentAssets
|
$48.11K | USD | Point-in-time |
| Fixed assets, net |
NoncurrentAssets
|
$36.31K | USD | Point-in-time |
| Total Assets |
Assets
|
$8.46M | USD | Point-in-time |
| Total Assets |
Assets
|
$6.18M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$682.03K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$2.41M | USD | Point-in-time |
| Taxes payable |
TaxesPayableCurrent
|
$19.46K | USD | Point-in-time |
| Taxes payable |
TaxesPayableCurrent
|
$97.80K | USD | Point-in-time |
| Loans from stockholder |
AccountsPayableRelatedPartiesCurrent
|
$24.34K | USD | Point-in-time |
| Loans from stockholder |
AccountsPayableRelatedPartiesCurrent
|
$62.15K | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$64.85K | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$72.98K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.63M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$798.82K | USD | Point-in-time |
| Common stock, $0.0006 par value per share, 80,000,000 shares authorized; 34,396,680 shares issued and outstanding as of November 30, 2014 and August 31, 2014 |
CommonStockValue
|
$20.64K | USD | Point-in-time |
| Common stock, $0.0006 par value per share, 80,000,000 shares authorized; 34,396,680 shares issued and outstanding as of November 30, 2014 and August 31, 2014 |
CommonStockValue
|
$20.64K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$726.55K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$726.55K | USD | Point-in-time |
| Statutory reserve fund |
ValuationAllowancesAndReservesBalance
|
$420.41K | USD | Point-in-time |
| Statutory reserve fund |
ValuationAllowancesAndReservesBalance
|
$462.19K | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.87M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.24M | USD | Point-in-time |
| Other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$211.92K | USD | Point-in-time |
| Other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$203.70K | USD | Point-in-time |
| Stockholder equity before noncontrolling interests |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.66M | USD | Point-in-time |
| Stockholder equity before noncontrolling interests |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$5.24M | USD | Point-in-time |
| Noncontrolling interests |
NonredeemableNoncontrollingInterest
|
$163.10K | USD | Point-in-time |
| Noncontrolling interests |
NonredeemableNoncontrollingInterest
|
$140.61K | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$5.38M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$5.83M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$8.46M | USD | Point-in-time |
| TOTAL LIABILITIES AND STOCKHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$6.18M | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$1.93M | USD | 1 Quarter |
| Revenue |
Revenues
|
$3.14M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$1.31M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsAndServicesSold
|
$2.10M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$621.12K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$1.04M | USD | 1 Quarter |
| Selling and marketing |
SellingAndMarketingExpense
|
$197.54K | USD | 1 Quarter |
| Selling and marketing |
SellingAndMarketingExpense
|
$387.33K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$72.92K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$47.27K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$460.26K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$244.81K | USD | 1 Quarter |
| Income from operations |
IncomeLossFromContinuingOperations
|
$581.09K | USD | 1 Quarter |
| Income from operations |
IncomeLossFromContinuingOperations
|
$376.31K | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$5.12K | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$3.50K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$379.81K | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
$586.21K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$94.62K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$146.56K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$285.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$439.65K | USD | 1 Quarter |
| Noncontrolling interests |
IncomeLossAttributableToNoncontrollingInterest
|
$-9.38K | USD | 1 Quarter |
| Noncontrolling interests |
IncomeLossAttributableToNoncontrollingInterest
|
$-21.81K | USD | 1 Quarter |
| Net income attributable to common stockholders |
NetIncomeLossAttributableToNoncontrollingInterest
|
$417.85K | USD | 1 Quarter |
| Net income attributable to common stockholders |
NetIncomeLossAttributableToNoncontrollingInterest
|
$275.81K | USD | 1 Quarter |
| Earnings per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.01 | USD | 1 Quarter |
| Earnings per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.01 | USD | 1 Quarter |
| Weighted average shares outstanding, basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34.40M | shares | 1 Quarter |
| Weighted average shares outstanding, basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
32.00M | shares | 1 Quarter |
| Net income |
ComprehensiveIncomeNetOfTax
|
$285.19K | USD | 1 Quarter |
| Net income |
ComprehensiveIncomeNetOfTax
|
$439.65K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$8.91K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
$32.76K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$448.56K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$317.94K | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-22.50K | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-9.39K | USD | 1 Quarter |
| Comprehensive income attributable to common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$308.55K | USD | 1 Quarter |
| Comprehensive income attributable to common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$426.06K | USD | 1 Quarter |
Cash Flow Statement
42 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$285.19K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$439.65K | USD | 1 Quarter |
| Depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
|
$11.90K | USD | 1 Quarter |
| Depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
|
$10.59K | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$22.57K | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-1.12M | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$26.65K | USD | 1 Quarter |
| (Increase) decrease in inventory |
IncreaseDecreaseInInventories
|
$-596.85K | USD | 1 Quarter |
| Decrease in prepaid income tax |
IncreaseDecreaseInPrepaidTaxes
|
$50.35K | USD | 1 Quarter |
| Decrease in prepaid income tax |
IncreaseDecreaseInPrepaidTaxes
|
- | USD | 1 Quarter |
| Decrease in prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 1 Quarter |
| Decrease in prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$12.12K | USD | 1 Quarter |
| Decrease in advances to suppliers |
IncreaseDecreaseInPrepaidSupplies
|
$15.04K | USD | 1 Quarter |
| Decrease in advances to suppliers |
IncreaseDecreaseInPrepaidSupplies
|
- | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$1.73M | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-59.13K | USD | 1 Quarter |
| Increase in taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
$13.60K | USD | 1 Quarter |
| Increase in taxes payable |
IncreaseDecreaseInAccruedTaxesPayable
|
$78.33K | USD | 1 Quarter |
| (Decrease) in accrued liabilities and other payables |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-35.00 | USD | 1 Quarter |
| (Decrease) in accrued liabilities and other payables |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-8.13K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$589.22K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$305.10K | USD | 1 Quarter |
| Proceeds from stockholder loans |
ProceedsFromRelatedPartyDebt
|
- | USD | 1 Quarter |
| Proceeds from stockholder loans |
ProceedsFromRelatedPartyDebt
|
$37.63K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$37.63K | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCash
|
$8.99K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCash
|
$21.41K | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$326.51K | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$635.84K | USD | 1 Quarter |
| Cash, beginning |
Cash
|
$5.23M | USD | Point-in-time |
| Cash, beginning |
Cash
|
$5.87M | USD | Point-in-time |
| Cash, beginning |
Cash
|
$3.99M | USD | Point-in-time |
| Cash, beginning |
Cash
|
$4.32M | USD | Point-in-time |
| Cash, end |
Cash
|
$5.23M | USD | Point-in-time |
| Cash, end |
Cash
|
$5.87M | USD | Point-in-time |
| Cash, end |
Cash
|
$3.99M | USD | Point-in-time |
| Cash, end |
Cash
|
$4.32M | USD | Point-in-time |
| Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Interest |
InterestPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$89.64K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$53.97K | USD | 1 Quarter |
Stockholders Equity
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$5.38M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$5.83M | USD | Point-in-time |
| Net Income |
NetIncomeLoss
|
$285.19K | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$439.65K | USD | 1 Quarter |
| Appropriation to statutory reserve |
ValuationAllowancesAndReservesPeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Foreign currency translation adjustment |
TranslationAdjustmentFunctionalToReportingCurrencyTaxBenefitExpense
|
$8.91K | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$5.38M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$5.83M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.