Flagship explainer

How FORTUNE VALLEY TREASURES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.2M · 100%Cost of revenue$2.3M · 53%Gross profit$2M · 47%Operating income−$4.2M · −98%Income before tax−$4.2M · −99%Income tax$96445 · 2%Net income−$4M · −96%As of 2023-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.2M100%
Cost of revenue$2.3M53%
$2M47%
−$4.2M−98%
Income before tax−$4.2M−99%
Income tax$964452%
−$4M−96%
Source: · event Dec 31, 2023 · retrieved Oct 17, 2026 · annual-row source set
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