10-Q Filing

DBUB GROUP, INC CIK: 1076784 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001144204-14-031879`
Period End Date	20140331
Filing Date	20140519
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	yosn-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 42 Cash Flow Statement 48

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$328.58K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.54M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.54M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$214.26K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$324.80K	USD	Point-in-time
Inventories, net	`InventoryNet`	$2.01M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.49M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$685.60K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$756.78K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$112.89K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.33K	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	-	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$3.63K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.93M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.63M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.60K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$41.58K	USD	Point-in-time
Total assets	`Assets`	$3.97M	USD	Point-in-time
Total assets	`Assets`	$4.67M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.43M	USD	Point-in-time
Short-term loans	`ShortTermBorrowings`	$2.62M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.39M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$562.56K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$217.67K	USD	Point-in-time
Accrued expenses and other payable	`AccruedLiabilitiesCurrent`	$540.87K	USD	Point-in-time
Accrued expenses and other payable	`AccruedLiabilitiesCurrent`	$197.89K	USD	Point-in-time
Advance from related party	`DueToRelatedPartiesCurrent`	$62.63K	USD	Point-in-time
Advance from related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$848.74K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$839.76K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.83M	USD	Point-in-time
Long-term loans	`LongTermDebt`	$486.86K	USD	Point-in-time
Long-term loans	`LongTermDebt`	$490.97K	USD	Point-in-time
Total liabilities	`Liabilities`	$5.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.32M	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 23,542,527 issued and outstanding as of March 31, 2014 and December 31, 2013.	`CommonStockValue`	$23.54K	USD	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 23,542,527 issued and outstanding as of March 31, 2014 and December 31, 2013.	`CommonStockValue`	$23.54K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$26.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.92M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$11.54M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.92M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.12M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.65M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$4.67M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.97M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$3.63M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$4.52M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$4.18M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$3.49M	USD	1 Quarter
Gross profit	`GrossProfit`	$145.00K	USD	1 Quarter
Gross profit	`GrossProfit`	$334.58K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$721.20K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$306.33K	USD	1 Quarter
Income (loss) from continuing operations	`OperatingIncomeLoss`	$-576.20K	USD	1 Quarter
Income (loss) from continuing operations	`OperatingIncomeLoss`	$28.25K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$81.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.91K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$102.30K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$20.61K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$14.88K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Total other (income)	`NonoperatingIncomeExpense`	$87.50K	USD	1 Quarter
Total other (income)	`NonoperatingIncomeExpense`	$25.52K	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-550.68K	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.75K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.77K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$101.99K	USD	1 Quarter
Net income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-550.68K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-77.83K	USD	1 Quarter
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-88.80K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-639.48K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.63M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$15.87M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$13.27K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$23.62K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-615.86K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$37.43K	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	-	USD	1 Quarter
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income (loss) per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Net income (loss) per share	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.78M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	25.54M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-639.48K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$24.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.63M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$15.87M	USD	Annual
Depreciation	`Depreciation`	$2.75K	USD	1 Quarter
Depreciation	`Depreciation`	$1.83K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$103.33K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$98.95K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$112.96K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-416.90K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$535.30K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$53.47K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-138.93K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$73.53K	USD	1 Quarter
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$623.16K	USD	1 Quarter
Advance to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-65.75K	USD	1 Quarter
Advance to related party	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Advance to related party	`ProceedsFromRelatedPartyDebt`	$501.81K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$26.87K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$349.32K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$345.54K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-10.36K	USD	1 Quarter
Advance from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$63.10K	USD	1 Quarter
Advance from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$15.99K	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-25.29K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-161.16K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$242.84K	USD	1 Quarter
Repayment of short-term loan	`RepaymentsOfShortTermDebt`	-	USD	1 Quarter
Repayment of short-term loan	`RepaymentsOfShortTermDebt`	$163.52K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-163.52K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$33.25K	USD	1 Quarter
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-15.77K	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-127.91K	USD	1 Quarter
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$63.55K	USD	1 Quarter
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$328.58K	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$456.50K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$328.58K	USD	Point-in-time
Cash and equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.49M	USD	Point-in-time
Interest paid	`InterestPaid`	$43.20K	USD	1 Quarter
Interest paid	`InterestPaid`	$84.97K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	$7.48K	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.