Company research
W&E Source Corp.
CIK 1368275Updated Sep 26, 2026
Securities
Historical securities (1)
WESC · OTC · equity · closed Nov 3, 2025Name history
News of China Inc · through Dec 13, 2011
WESC price & chart
Historical security
This listing closed Nov 3, 2025. Live provider charts are shown only for current listings.
In the news
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Recent filings
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Financials
FY 2022 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 12,546Source | 14,320Source | 14,562Source | 14,008Source |
| Current assets: | ||||
| Assets, CurrentUSD | 893Source | 2,290Source | 3,546Source | 2,551Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 100,784Source | 36,581Source | 213,480Source | 162,297Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 13,009Source | 13,009Source | 8,249Source | 8,249Source |
| Additional Paid in CapitalUSD | 1,217,646Source | 1,217,106Source | 1,059,931Source | 1,059,931Source |
| Retained Earnings (Accumulated Deficit)USD | -1,327,434Source | -1,255,841Source | -1,283,018Source | -1,227,859Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 8,541Source | 3,465Source | 15,920Source | 11,390Source |
| Stockholders' Equity Attributable to ParentUSD | -88,238Source | -22,261Source | -198,918Source | -148,289Source |
| Liabilities and EquityUSD | 12,546Source | 14,320Source | 14,562Source | 14,008Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 100,784Source | 36,581Source | 213,480Source | 162,297Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | -5,694Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -43,085Source | -33,698Source | -49,459Source | -33,821Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 40,478Source | 32,153Source | 49,744Source | 33,079Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,395Source | -1,260Source | — | — |
| Additional Financial Items | ||||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -5,321Source | 6,158Source | -4,657Source | 5,421Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | -2,955Source | -7,600Source | 1,159Source | -2,220Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 90,433Source | — | — |
| General and Administrative ExpenseUSD | 65,730Source | 55,028Source | 51,286Source | 55,651Source |
| Net Income (Loss) Attributable to ParentUSD | -71,593Source | 27,177Source | -55,159Source | -49,739Source |
| Nonoperating Income (Expense)USD | -5,863Source | 82,205Source | -4,657Source | 5,421Source |
| Operating ExpensesUSD | 65,730Source | 55,028Source | 51,286Source | 55,651Source |
| Operating Lease, ExpenseUSD | 7,584Source | 7,498Source | — | — |
| Proceeds from Issuance of Common StockUSD | — | — | 49,744Source | 33,079Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | 0Source | 784Source | 491Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 0Source | 0Source | — | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -65,730Source | -55,028Source | -50,502Source | -55,160Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 71,593Source | 27,177Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -71,593Source | 27,177Source | -55,159Source | -49,739Source |
| Earnings Per Share, BasicUSD per share | 0Source | — | — | — |
| Earnings Per Share, DilutedUSD per share | 0Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 130,085,501Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 130,085,501Source | — | — | — |
| Additional Financial Items | ||||
| Debt Securities, Gain (Loss)USD | — | 90,433Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -5,321Source | 6,158Source | -4,657Source | 5,421Source |
| General and Administrative ExpenseUSD | 65,730Source | 55,028Source | 51,286Source | 55,651Source |
| Gross ProfitUSD | 0Source | 0Source | 784Source | 491Source |
| Interest ExpenseUSD | — | 14,386Source | — | — |
| Nonoperating Income (Expense)USD | -5,863Source | 82,205Source | -4,657Source | 5,421Source |
| Operating ExpensesUSD | 65,730Source | 55,028Source | 51,286Source | 55,651Source |
| Operating Lease, ExpenseUSD | 7,584Source | 7,498Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | 0Source | 784Source | 491Source |