10-K Filing

DBUB GROUP, INC CIK: 1076784 FY 2014

Filing Information

Form Type	10-K
Accession Number	`0001607062-15-000171`
Period End Date	20141231
Filing Date	20150409
Fiscal Year	2014
Fiscal Period	FY
XBRL Instance	yosn-20141231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 42 Cash Flow Statement 60 Stockholders Equity 23

Balance Sheet 66 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
Common stock, shares issued	`CommonStockSharesIssued`	23.54M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	456,495.00	CNY	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.29M	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	1.56M	CNY	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`	356,550.00	CNY	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.29M	shares	Point-in-time
Inventories, net	`InventoryNet`	1.62M	CNY	Point-in-time
Inventories, net	`InventoryNet`	$1.49M	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	$756.78K	USD	Point-in-time
Advances to suppliers	`AdvancesOnInventoryPurchases`	1.12M	CNY	Point-in-time
Advances to related party	`AdvancesToAffiliate`	-	CNY	Point-in-time
Advances to related party	`AdvancesToAffiliate`	-	CNY	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$40.33K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	49,445.00	CNY	Point-in-time
Total current assets	`AssetsCurrent`	4.71M	CNY	Point-in-time
Total current assets	`AssetsCurrent`	$3.93M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	44,285.00	CNY	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`	4.75M	CNY	Point-in-time
Short-term loans	`ShortTermBorrowings`	961,147.00	CNY	Point-in-time
Short-term loans	`ShortTermBorrowings`	2.62M	CNY	Point-in-time
Notes payable	`NotesPayable`	1.39M	CNY	Point-in-time
Notes payable	`NotesPayable`	3.01M	CNY	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$217.67K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	320,403.00	CNY	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	678,890.00	CNY	Point-in-time
Accrued expenses and other payable	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	197,893.00	CNY	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	-	CNY	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	434,395.00	CNY	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	-	CNY	Point-in-time
Advance from stock subscription	`CommonStockSharesSubscriptions`	47,739.00	CNY	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$839.76K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	882,879.00	CNY	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	6.34M	CNY	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.26M	USD	Point-in-time
Long-term loan	`LongTermDebt`	$490.97K	USD	Point-in-time
Long-term loan	`LongTermDebt`	488,719.00	CNY	Point-in-time
Total liabilities	`Liabilities`	6.83M	CNY	Point-in-time
Total liabilities	`Liabilities`	$5.76M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	CNY	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,292,527 and 23,542,527 issued and outstanding as of December 31, 2014 and December 31, 2013	`CommonStockValue`	25,292.00	CNY	Point-in-time
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,292,527 and 23,542,527 issued and outstanding as of December 31, 2014 and December 31, 2013	`CommonStockValue`	23,542.00	CNY	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	26.72M	CNY	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$25.92M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	50,000.00	CNY	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	CNY	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$7.90M	USD	Point-in-time
Other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	7.91M	CNY	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-47.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-48.22M	CNY	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	-48,875.00	CNY	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	-2.08M	CNY	Point-in-time
Total stockholders' deficit	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$3.97M	USD	Point-in-time
Total liabilities and stockholders' deficit	`LiabilitiesAndStockholdersEquity`	4.75M	CNY	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	12.74M	CNY	Annual
Net sales	`SalesRevenueNet`	$11.41M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	12.07M	CNY	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$11.08M	USD	Annual
Gross profit	`GrossProfit`	$338.64K	USD	Annual
Gross profit	`GrossProfit`	672,833.00	CNY	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.60M	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	1.67M	CNY	Annual
Loss from continuing operations	`OperatingIncomeLoss`	$-3.26M	USD	Annual
Loss from continuing operations	`OperatingIncomeLoss`	-992,285.00	CNY	Annual
Interest (income) expense	`InvestmentIncomeInterest`	225.00	CNY	Annual
Interest (income) expense	`InvestmentIncomeInterest`	$5.25K	USD	Annual
Other income	`OtherNonoperatingIncome`	$175.73K	USD	Annual
Other income	`OtherNonoperatingIncome`	501,367.00	CNY	Annual
Other expense	`OtherNonoperatingExpense`	$186.51K	USD	Annual
Other expense	`OtherNonoperatingExpense`	333,028.00	CNY	Annual
Total other (income) expense	`NonoperatingIncomeExpense`	168,564.00	CNY	Annual
Total other (income) expense	`NonoperatingIncomeExpense`	$-5.54K	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.27M	USD	Annual
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	-823,721.00	CNY	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	CNY	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	-823,721.00	CNY	Annual
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-3.27M	USD	Annual
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	-272,255.00	CNY	Annual
Net loss from discontinued operations, net of income taxes	`DisposalGroupIncludingDiscontinuedOperationNetLossFromDiscontinuedOperationsNetOfIncomeTax`	$-356.59K	USD	Annual
Net loss	`NetIncomeLoss`	-1.10M	CNY	Annual
Net loss	`NetIncomeLoss`	$-3.63M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	7,220.00	CNY	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$7.77K	USD	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	-1.09M	CNY	Annual
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.32M	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.17	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.03	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	Annual
Net loss per share	`EarningsPerShareBasic`	$-0.19	USD	Annual
Net loss per share	`EarningsPerShareBasic`	$-0.04	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.49M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.67M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.41M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.18M	shares	Annual

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	-1.10M	CNY	Annual
Net loss	`NetIncomeLoss`	$-3.63M	USD	Annual
Depreciation	`Depreciation`	6,448.00	CNY	Annual
Depreciation	`Depreciation`	$1.52K	USD	Annual
Gain on disposal of property, plant and equipment	`GainLossOnDispositionOfAssets`	-	CNY	Annual
Gain on disposal of property, plant and equipment	`GainLossOnDispositionOfAssets`	-	USD	Annual
Loss on settlement of debt	`DebtSettlementLoss`	-	CNY	Annual
Loss on settlement of debt	`DebtSettlementLoss`	$140.00K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	361,453.00	CNY	Annual
Stock based compensation	`ShareBasedCompensation`	$1.24M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-665.57K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	143,432.00	CNY	Annual
Inventories	`IncreaseDecreaseInInventories`	138,520.00	CNY	Annual
Inventories	`IncreaseDecreaseInInventories`	$-529.96K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	9,255.00	CNY	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-161.72K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	$-11.65K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInAdvancesToSuppliers`	368,187.00	CNY	Annual
Advance to related party	`LoansAndLeasesReceivableRelatedPartiesAdditions`	501,814.00	CNY	Annual
Advance to related party	`LoansAndLeasesReceivableRelatedPartiesAdditions`	-	CNY	Annual
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	103,826.00	CNY	Annual
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-574.47K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	$-2.35K	USD	Annual
Accrued expenses and other payables	`IncreaseDecreaseInAccruedLiabilities`	480,845.00	CNY	Annual
Advance from related party	`ProceedsFromRelatedPartyDebt`	434,063.00	CNY	Annual
Advance from related party	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	-	CNY	Annual
Advance from customers	`IncreaseDecreaseInCustomerAdvances`	47,728.00	CNY	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-12.57K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	46,930.00	CNY	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-274,177.00	CNY	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-962.51K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	10,185.00	CNY	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-10,185.00	CNY	Annual
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Repayment of short-term bank loans	`RepaymentsOfSubordinatedShortTermDebt`	-	CNY	Annual
Repayment of short-term bank loans	`RepaymentsOfSubordinatedShortTermDebt`	-1.64M	CNY	Annual
Net proceeds from long-term bank loans	`ProceedsFromIssuanceOfLongTermDebt`	-	CNY	Annual
Net proceeds from long-term bank loans	`ProceedsFromIssuanceOfLongTermDebt`	$484.61K	USD	Annual
Net proceeds from notes payable	`ProceedsFromNotesPayable`	1.63M	CNY	Annual
Net proceeds from notes payable	`ProceedsFromNotesPayable`	$1.37M	USD	Annual
Net proceeds from equity financing	`ProceedsFromIssuanceOrSaleOfEquity`	437,500.00	CNY	Annual
Net proceeds from equity financing	`ProceedsFromIssuanceOrSaleOfEquity`	-	CNY	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	421,222.00	CNY	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.86M	USD	Annual
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$74.35K	USD	Annual
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	-5,292.00	CNY	Annual
Net increase (decrease) in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	131,568.00	CNY	Annual
Net increase (decrease) in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$969.52K	USD	Annual
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	456,495.00	CNY	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	1.56M	CNY	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	456,495.00	CNY	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	1.56M	CNY	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaid`	-	CNY	Annual
Interest paid	`InterestPaid`	$230.55K	USD	Annual
Interest paid	`InterestPaid`	266,901.00	CNY	Annual

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance, Shares	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Beginning Balance, Shares	`CommonStockSharesOutstanding`	25.29M	shares	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	-48,875.00	CNY	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	-2.08M	CNY	Point-in-time
Beginning Balance, Amount	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	7,220.00	CNY	Annual
Foreign currency translation adjustments	`TemporaryEquityForeignCurrencyTranslationAdjustments`	7,768.00	CNY	Annual
Issuance of common stock for financing, Amount	`StockIssuedDuringPeriodValueOther`	400,000.00	CNY	Annual
Issuance of common stock for financing, Amount	`StockIssuedDuringPeriodValueOther`	640,000.00	CNY	Annual
Issuance of common stock for compensation, Shares	`StockIssuedDuringPeriodSharesShareBasedCompensation`	200,000.00	shares	Point-in-time
Issuance of common stock for compensation, Amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.05M	USD	Point-in-time
Issuance of common stock for compensation, Amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	1.24M	CNY	Annual
Issuance of common stock for compensation, Amount	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.75M	USD	Point-in-time
Issuance of common stock for warrants exercise, Amount	`IssuanceOfCommonStockForWarrantsExerciseAmount`	37,500.00	CNY	Annual
Stock compensation	`ShareBasedCompensation`	361,453.00	CNY	Annual
Stock compensation	`ShareBasedCompensation`	$1.24M	USD	Annual
Net loss	`NetIncomeLoss`	-1.10M	CNY	Annual
Net loss	`NetIncomeLoss`	$-3.63M	USD	Annual
Ending Balance, Shares	`CommonStockSharesOutstanding`	23.54M	shares	Point-in-time
Ending Balance, Shares	`CommonStockSharesOutstanding`	25.29M	shares	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	-48,875.00	CNY	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	-2.08M	CNY	Point-in-time
Ending Balance, Amount	`StockholdersEquity`	$-1.79M	USD	Point-in-time

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