NFSN
Nongfu Shop Digital New Retail Co., LTD0.0037
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
699.74KP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
10-Q
Q2 FY2025 results
Nongfu Shop Digital New Retail Co., Ltd. posted a net loss of $9,412 for Q2 2025 ended June 30, up slightly by $9 or 0.1% year over year from $9,403, while year-to-date losses narrowed to $19,878 from $27,236, a 27% drop driven by lower accounting, audit, and legal fees. With zero revenue and no operating activities, the shell company relies on related-party advances, pushing liabilities to $166,331 against no cash. Expenses stayed flat quarter over quarter at $9,412. Management hunts for a growth business acquisition. No non-GAAP metrics disclosed in the 10-Q. Yet risks linger from weak internal controls.
8-K
Auditor change amid concerns
Nongfu Shop Digital New Retail Co. switched auditors on August 6, 2025, with KCCW Accountancy Corp. resigning and Simon & Edward LLP stepping in, approved by the board the prior day. No disagreements arose on accounting or auditing matters during the fiscal year ended December 31, 2024, or interim periods up to the change. Yet KCCW's report flagged substantial going concern doubts. This shift signals fresh oversight amid financial uncertainties.
10-Q
Q1 FY2025 results
Nongfu Shop Digital New Retail posted no revenue for Q1 FY2025 ended March 31, 2025, while operating expenses fell 41.3% year-over-year to $10,466, trimming the net loss to $10,466 from $17,833 last year. This narrower loss stems from lower audit, accounting, and legal fees, with no quarter-over-quarter comparison available as a shell company. Cash balances at zero, offset by $156,919 in current liabilities mainly due to a related party, yet net cash used in operations stayed flat at zero thanks to liability increases. No free cash flow or debt disclosed in the 10-Q. The firm hunts for a growth business acquisition. Material weaknesses persist in internal controls. Execution risks loom in landing a viable target.
10-K
FY2024 results
Yong Bai Chao New Retail Corporation, a shell company with no operations, posted a net loss of $39,794 for FY2024 ended December 31, 2024, down 35.8% from $62,017 in 2023, driven by lower audit and legal fees amid ongoing SEC compliance costs. No revenue emerged, and Q4 mirrored this dormancy with zero cash flows and expenses tied to filings, showing no sequential shift from prior quarters. Cash stood at zero, offset by $146,453 in liabilities, mostly advances from former CEO Fei Wang, while management hunts for a merger target. No dividends or buybacks occurred. Yet regulatory hurdles in China could derail any acquisition momentum.
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