10-Q/A Filing

YA ZHU SILK, INC. CIK: 1448962 Q2 2012

Filing Information

Form Type	10-Q/A
Accession Number	`0001494733-12-000219`
Period End Date	20120630
Filing Date	20120928
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	yzhu-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 72 Cash Flow Statement 46

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`Cash`	$1.60M	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`Cash`	$1.12M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$178.36K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$8.22K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	10.62M	shares	Point-in-time
Inventories	`InventoriesPropertyHeldForSaleCurrent`	$141.98K	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	10.62M	shares	Point-in-time
Inventories	`InventoriesPropertyHeldForSaleCurrent`	$28.90K	USD	Point-in-time
Advances to suppliers	`RetainageDeposit`	$242.75K	USD	Point-in-time
Common Stock, Shares Outstanding	`SharesOutstanding`	10.62M	shares	Point-in-time
Common Stock, Shares Outstanding	`SharesOutstanding`	10.62M	shares	Point-in-time
Advances to suppliers	`RetainageDeposit`	$654.22K	USD	Point-in-time
Other receivables, net	`ReceivablesNetCurrent`	$55.15K	USD	Point-in-time
Other receivables, net	`ReceivablesNetCurrent`	$36.88K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$2.44M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$1.62M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$57.44K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$87.41K	USD	Point-in-time
Prepayment for acquisition of building	`PrepaymentForAcquisitionOfBuilding`	$475.11K	USD	Point-in-time
Prepayment for acquisition of building	`PrepaymentForAcquisitionOfBuilding`	$476.12K	USD	Point-in-time
Trademark	`IndefiniteLivedTrademarks`	$2.48K	USD	Point-in-time
Trademark	`IndefiniteLivedTrademarks`	$2.48K	USD	Point-in-time
Total Non-Current Assets	`AssetsNoncurrent`	$536.04K	USD	Point-in-time
Total Non-Current Assets	`AssetsNoncurrent`	$565.00K	USD	Point-in-time
Total Assets	`Assets`	$2.16M	USD	Point-in-time
Total Assets	`Assets`	$3.01M	USD	Point-in-time
Accounts payable	`AccountsPayable`	$79.00	USD	Point-in-time
Accounts payable	`AccountsPayable`	$79.00	USD	Point-in-time
Advance from customers	`CustomerAdvancesAndDeposits`	$132.12K	USD	Point-in-time
Advance from customers	`CustomerAdvancesAndDeposits`	$63.69K	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$223.55K	USD	Point-in-time
Due to related parties	`DueToRelatedParties`	$984.43K	USD	Point-in-time
Other payables	`OtherNotesPayable`	$22.62K	USD	Point-in-time
Other payables	`OtherNotesPayable`	$123.78K	USD	Point-in-time
Taxes payable	`TaxesPayable`	$23.49K	USD	Point-in-time
Taxes payable	`TaxesPayable`	$73.54K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$451.91K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.20M	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock ($0.001 par value; 75,000,000 shares authorized; 10,620,000 shares issued and outstanding at june 30, 2012 and December 31, 2011, respectively)	`CommonStockValue`	$10.62K	USD	Point-in-time
Common stock ($0.001 par value; 75,000,000 shares authorized; 10,620,000 shares issued and outstanding at june 30, 2012 and December 31, 2011, respectively)	`CommonStockValue`	$10.62K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$1.30M	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$1.28M	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$130.98K	USD	Point-in-time
Statutory reserve	`StatutoryReserve`	$106.67K	USD	Point-in-time
Retained earnings/(Accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$258.57K	USD	Point-in-time
Retained earnings/(Accumulated loss)	`RetainedEarningsAccumulatedDeficit`	$327.59K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$47.62K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$45.26K	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$1.71M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY/(DEFICIT)	`StockholdersEquity`	$1.81M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$3.01M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY/(DEFICIT)	`LiabilitiesAndStockholdersEquity`	$2.16M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net Revenues	`Revenues`	$914.43K	USD	1 Quarter
Net Revenues	`Revenues`	$655.87K	USD	1 Quarter
Net Revenues	`Revenues`	$1.19M	USD	2 Qtrs
Net Revenues	`Revenues`	$1.41M	USD	2 Qtrs
Cost of Revenues	`CostOfRevenue`	$646.51K	USD	1 Quarter
Cost of Revenues	`CostOfRevenue`	$686.92K	USD	2 Qtrs
Cost of Revenues	`CostOfRevenue`	$1.05M	USD	2 Qtrs
Cost of Revenues	`CostOfRevenue`	$393.10K	USD	1 Quarter
Gross Profit	`GrossProfit`	$267.92K	USD	1 Quarter
Gross Profit	`GrossProfit`	$365.98K	USD	2 Qtrs
Gross Profit	`GrossProfit`	$262.76K	USD	1 Quarter
Gross Profit	`GrossProfit`	$498.68K	USD	2 Qtrs
Selling	`SellingExpense`	$67.75K	USD	2 Qtrs
Selling	`SellingExpense`	$41.40K	USD	1 Quarter
Selling	`SellingExpense`	$3.95K	USD	1 Quarter
Selling	`SellingExpense`	$65.87K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$305.44K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$163.72K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$220.18K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$153.63K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$167.67K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$287.93K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$371.30K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$195.03K	USD	1 Quarter
income loss from operations	`IncomeLossFromContinuingOperations`	$-5.33K	USD	2 Qtrs
income loss from operations	`IncomeLossFromContinuingOperations`	$67.73K	USD	1 Quarter
income loss from operations	`IncomeLossFromContinuingOperations`	$210.74K	USD	2 Qtrs
income loss from operations	`IncomeLossFromContinuingOperations`	$100.25K	USD	1 Quarter
other income	`OtherIncome`	$32.37K	USD	1 Quarter
other income	`OtherIncome`	$32.37K	USD	2 Qtrs
other income	`OtherIncome`	$111.84K	USD	1 Quarter
other income	`OtherIncome`	$111.84K	USD	2 Qtrs
Income (Loss) Before Provision for Income Tax	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$106.52K	USD	2 Qtrs
Income (Loss) Before Provision for Income Tax	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$243.11K	USD	2 Qtrs
Income (Loss) Before Provision for Income Tax	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$212.09K	USD	1 Quarter
Income (Loss) Before Provision for Income Tax	`DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax`	$100.10K	USD	1 Quarter
Provision for Income Taxes	`OtherTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Taxes	`OtherTaxExpenseBenefit`	$-13.18K	USD	1 Quarter
Provision for Income Taxes	`OtherTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`OtherTaxExpenseBenefit`	$-13.18K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$119.70K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$100.10K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$243.11K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$225.28K	USD	1 Quarter
Net Income (Loss)	`OtherComprehensiveIncomeLossTax`	$225.28K	USD	1 Quarter
Net Income (Loss)	`OtherComprehensiveIncomeLossTax`	$119.70K	USD	2 Qtrs
Net Income (Loss)	`OtherComprehensiveIncomeLossTax`	$100.10K	USD	1 Quarter
Net Income (Loss)	`OtherComprehensiveIncomeLossTax`	$243.11K	USD	2 Qtrs
Unrealized Foreign currency translation gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$5.73K	USD	1 Quarter
Unrealized Foreign currency translation gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$-2.36K	USD	2 Qtrs
Unrealized Foreign currency translation gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$763.00	USD	1 Quarter
Unrealized Foreign currency translation gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$7.84K	USD	2 Qtrs
Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent`	$105.83K	USD	1 Quarter
Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent`	$250.95K	USD	2 Qtrs
Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent`	$226.04K	USD	1 Quarter
Comprehensive Income/(Loss)	`OtherComprehensiveIncomeLossTaxPortionAttributableToParent`	$117.34K	USD	2 Qtrs
NET INCOME LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$0.01	USD	2 Qtrs
NET INCOME LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$0.02	USD	2 Qtrs
NET INCOME LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
NET INCOME LOSS PER COMMON SHARE BASIC	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
NET INCOME LOSS PER COMMON SHARE DILUTED	`EarningsPerShareDiluted`	$0.02	USD	2 Qtrs
NET INCOME LOSS PER COMMON SHARE DILUTED	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
NET INCOME LOSS PER COMMON SHARE DILUTED	`EarningsPerShareDiluted`	$0.01	USD	2 Qtrs
NET INCOME LOSS PER COMMON SHARE DILUTED	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	10.62M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	10.62M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	10.62M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING BASIC	`WeightedAverageNumberOfSharesOutstandingBasic`	10.62M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.50M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.62M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.62M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.62M	shares	2 Qtrs

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$243.11K	USD	2 Qtrs
Net Loss	`ProfitLoss`	$119.70K	USD	2 Qtrs
Depreciation	`Depreciation`	$6.65K	USD	2 Qtrs
Depreciation	`Depreciation`	$9.77K	USD	2 Qtrs
Accounts receivables	`AccountsReceivableNetCurrent`	$169.77K	USD	Point-in-time
Accounts receivables	`AccountsReceivableNetCurrent`	$-11.02K	USD	Point-in-time
Inventories	`IncreaseDecreaseInInventories`	$-94.77K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-113.13K	USD	2 Qtrs
Other receivables	`OtherReceivablesNetCurrent`	$13.68K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$18.15K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$-412.00K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$-341.07K	USD	Point-in-time
Accounts payable and other payables	`AccountsPayableOtherCurrent`	$41.30K	USD	Point-in-time
Accounts payable and other payables	`AccountsPayableOtherCurrent`	$101.19K	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$-49.89K	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$-3.47K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$-68.15K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$317.71K	USD	Point-in-time
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$172.12K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-224.59K	USD	2 Qtrs
Purchase of equipment	`EquipmentExpense`	$-8.10K	USD	2 Qtrs
Purchase of equipment	`EquipmentExpense`	$-39.86K	USD	2 Qtrs
NET CASH PROVIDED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-39.86K	USD	2 Qtrs
NET CASH PROVIDED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-8.10K	USD	2 Qtrs
Additional capital injection	`AdditionalCapitalInjection`	$872.85K	USD	2 Qtrs
Additional capital injection	`AdditionalCapitalInjection`	$13.36K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$761.29K	USD	2 Qtrs
Proceeds from related parties	`ProceedsFromRelatedPartyDebt`	$30.55K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$774.66K	USD	2 Qtrs
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$903.40K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-27.40K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE ON CASH	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.24K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$482.80K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.07M	USD	2 Qtrs
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$105.89K	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
CASH, BEGINNING OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.12M	USD	Point-in-time
CASH, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.18M	USD	Point-in-time
CASH, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$105.89K	USD	Point-in-time
CASH, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.60M	USD	Point-in-time
CASH, END OF YEAR	`CashAndCashEquivalentsAtCarryingValue`	$1.12M	USD	Point-in-time
Cash paid for Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for Interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for Income taxes	`IncomeTaxesPaid`	$13.18K	USD	2 Qtrs
Cash paid for Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs

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