Company research
Qilun Group Inc.
CIK 1951378Updated Sep 26, 2026
SecurityQLUNF · OTC · equity
QLUNF price & chart
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Recent filings
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Financials
FY 2022 · USDSource
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Source
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 15,343,379Source | 2,492,782Source |
| Property, Plant and Equipment, NetUSD | 321,639Source | 176,147Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 11,948,756Source | 1,767,042Source |
| Inventory, NetUSD | 583,358Source | 185,012Source |
| Assets, CurrentUSD | 14,941,291Source | 2,177,194Source |
| Operating Lease, Right-of-Use AssetUSD | 80,449Source | 139,441Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 8,997,570Source | 1,991,519Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 11,655Source | 10,000Source |
| Additional Paid in CapitalUSD | 5,177,220Source | — |
| Retained Earnings (Accumulated Deficit)USD | 1,098,460Source | 451,120Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -96,822Source | 6,884Source |
| Stockholders' Equity Attributable to ParentUSD | 6,345,809Source | 501,263Source |
| Liabilities and EquityUSD | 15,343,379Source | 2,492,782Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 5,437,973Source | 1,971,123Source |
| Operating Lease, Liability, CurrentUSD | 72,439Source | 119,045Source |
| Operating Lease, Liability, NoncurrentUSD | 13,809Source | 20,396Source |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| 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 InventoriesUSD | 412,991Source | 102,593Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 6,119,015Source | 1,391,332Source |
| Cash flows from investing activities: | ||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | -11,559Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,065,026Source | -178,944Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 289,534Source | 190,503Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 5,427,700Source | 529,896Source |
| Dividends paid | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 10,181,714Source | 1,767,042Source |
| Supplemental disclosure of cash flow information: | ||
| Income Taxes Paid, NetUSD | -406,791Source | -23,520Source |
| Additional Financial Items | ||
| DepreciationUSD | 135,967Source | 20,582Source |
| Income Tax Expense (Benefit)USD | 406,791Source | 23,520Source |
| Net Income (Loss) Attributable to ParentUSD | 1,036,900Source | 484,379Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,036,900Source | 484,379Source |
| Operating ExpensesUSD | 3,830,650Source | 775,504Source |
| Operating Lease, ExpenseUSD | 235,859Source | 103,542Source |
| Proceeds from Contributed CapitalUSD | 1,915,793Source | — |
| Proceeds from Issuance of Common StockUSD | 3,310,000Source | — |
income statement · annual statements
| Line item | FY 2022 | FY 2021 |
|---|---|---|
| Total RevenueUSD | 6,708,321Source | 1,249,542Source |
| Cost of Goods and Services Sold | — | — |
| Operating Income (Loss)USD | 1,370,838Source | 332,472Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,443,691Source | 507,899Source |
| Income Tax Expense (Benefit)USD | 406,791Source | 23,520Source |
| Net Income (Loss) Attributable to ParentUSD | 1,036,900Source | 484,379Source |
| Earnings Per Share, BasicUSD per share | 0.01Source | 0.01Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 116,550,000Source | 100,000,000Source |
| Additional Financial Items | ||
| Gross ProfitUSD | 5,201,488Source | 1,107,976Source |
| Interest Income, OperatingUSD | 47,896Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,036,900Source | 484,379Source |
| Operating ExpensesUSD | 3,830,650Source | 775,504Source |
| Operating Lease, ExpenseUSD | 235,859Source | 103,542Source |
| Other ExpensesUSD | 89,069Source | — |
| Other IncomeUSD | 114,026Source | 175,427Source |
| Research and Development ExpenseUSD | 122,948Source | — |