10-Q Filing

RHINO BITCOIN INC. CIK: 1785493 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001493152-20-023799`
Period End Date	20201031
Filing Date	20201217
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	phpc-20201031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 27 Cash Flow Statement 43 Stockholders Equity 10

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$32.14K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Trade receivables	`AccountsReceivableNetCurrent`	$17.94K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Prepayment and deposits	`PrepaymentsAndDepositsCurrent`	$242.94K	USD	Point-in-time
Prepayment and deposits	`PrepaymentsAndDepositsCurrent`	$238.38K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash in bank	`CashAndCashEquivalentsAtCarryingValue`	$1.51M	USD	Point-in-time
Cash in bank	`CashAndCashEquivalentsAtCarryingValue`	$1.41M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.78M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.67M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	331.92M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	331.92M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$43.53K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	331.92M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$59.85K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	331.92M	shares	Point-in-time
Lease asset- right of use	`OperatingLeaseRightOfUseAsset`	$10.56K	USD	Point-in-time
Lease asset- right of use	`OperatingLeaseRightOfUseAsset`	$26.77K	USD	Point-in-time
Lease asset- right of use	`OperatingLeaseRightOfUseAsset`	$14.15K	USD	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$54.09K	USD	Point-in-time
Total Non Current Assets	`AssetsNoncurrent`	$74.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.74M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.84M	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Account payable	`AccountsPayableCurrent`	$577.00	USD	Point-in-time
Others payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$175.81K	USD	Point-in-time
Others payables and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$41.67K	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$16.63K	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$12.40K	USD	Point-in-time
Lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$26.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$58.88K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$188.22K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$188.22K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$58.88K	USD	Point-in-time
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common Shares, par value $0.0001; 1,000,000,000 shares authorized, 331,917,500 shares issued and outstanding as of October 31, 2020 and July 31, 2020	`CommonStockValue`	$33.19K	USD	Point-in-time
Common Shares, par value $0.0001; 1,000,000,000 shares authorized, 331,917,500 shares issued and outstanding as of October 31, 2020 and July 31, 2020	`CommonStockValue`	$33.19K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.46M	USD	Point-in-time
Accumulated other comprehensive profit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive profit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-847.79K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-812.45K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.21M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.48M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$1.65M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.74M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.84M	USD	Point-in-time

Income Statement 27 line items

Line Item	Tag	Value	Unit	Period
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$14.19K	USD	1 Quarter
REVENUE	`RevenueFromContractWithCustomerExcludingAssessedTax`	$15.31K	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$9.07K	USD	1 Quarter
COST OF REVENUE	`CostOfRevenue`	$836.00	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$5.13K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$14.47K	USD	1 Quarter
OTHER INCOME	`OtherNonoperatingIncome`	$3.02K	USD	1 Quarter
OTHER INCOME	`OtherNonoperatingIncome`	$21.56K	USD	1 Quarter
SELLING AND DISTRIBUTION EXPENSES	`SellingAndMarketingExpense`	$144.04K	USD	1 Quarter
SELLING AND DISTRIBUTION EXPENSES	`SellingAndMarketingExpense`	$5.62K	USD	1 Quarter
GENERAL AND ADMINISTRATIVE EXPENSES	`GeneralAndAdministrativeExpense`	$147.78K	USD	1 Quarter
GENERAL AND ADMINISTRATIVE EXPENSES	`GeneralAndAdministrativeExpense`	$56.40K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-35.34K	USD	1 Quarter
LOSS BEFORE INCOME TAX	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-274.32K	USD	1 Quarter
INCOME TAXES PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
INCOME TAXES PROVISION	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
Net Loss attributable to Non-Controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net Loss attributable to Non-Controlling Interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
- Foreign exchange adjustment gain/(loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-35.34K	USD	1 Quarter
COMPREHENSIVE LOSS	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-274.32K	USD	1 Quarter
Net loss per share- Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share- Basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	331.92M	shares	1 Quarter

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
Depreciation	`Depreciation`	$16.32K	USD	1 Quarter
Depreciation	`Depreciation`	$5.44K	USD	1 Quarter
Operating lease expenses	`OperatingLeaseExpenses`	$23.80K	USD	1 Quarter
Operating lease expenses	`OperatingLeaseExpenses`	$3.59K	USD	1 Quarter
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$5.10K	USD	1 Quarter
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$14.19K	USD	1 Quarter
Other receivables and prepayment	`IncreaseDecreaseInOtherReceivablesAndPrepayments`	-	USD	1 Quarter
Other receivables and prepayment	`IncreaseDecreaseInOtherReceivablesAndPrepayments`	$-4.55K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-577.00	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-523.00	USD	1 Quarter
Other payables and accrued liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$134.15K	USD	1 Quarter
Amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	-	USD	1 Quarter
Amount due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$3.85K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-4.23K	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-23.80K	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-270.66K	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$104.27K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$114.26K	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activity	`NetCashProvidedByUsedInInvestingActivities`	$-114.26K	USD	1 Quarter
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	$197.81K	USD	1 Quarter
Subscriptions receivables	`ProceedsFromSubscriptionsReceivables`	-	USD	1 Quarter
Net cash provided by financing activity	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activity	`NetCashProvidedByUsedInFinancingActivities`	$197.81K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	-	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-181.12K	USD	1 Quarter
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$104.27K	USD	1 Quarter
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.41M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.29M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.10M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.51M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.29M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.10M	USD	Point-in-time
CASH AND CASH EQUIVALENTS, END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.51M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	1 Quarter

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.21M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.48M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.65M	USD	Point-in-time
Net loss for the year	`NetIncomeLoss`	$-35.34K	USD	1 Quarter
Net loss for the year	`NetIncomeLoss`	$-274.32K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.68M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.21M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.48M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.65M	USD	Point-in-time

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