10-Q Filing

WENYUAN GROUP CORP. CIK: 723533 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001213900-15-002476`
Period End Date	20140630
Filing Date	20150406
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	dphs-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 40 Cash Flow Statement 30

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.62K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.25K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$313.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$50.62K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Accrued Expenses	`AccountsPayableCurrent`	$667.00	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.16M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	45.16M	shares	Point-in-time
Accrued Expenses	`AccountsPayableCurrent`	$516.00	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.16M	shares	Point-in-time
Short term loan	`ShortTermBorrowings`	$9.47K	USD	Point-in-time
Short term loan	`ShortTermBorrowings`	$9.47K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	45.16M	shares	Point-in-time
Note payable	`NotesPayableCurrent`	$5.00K	USD	Point-in-time
Note payable	`NotesPayableCurrent`	-	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$9.99K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$15.14K	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized, 45,164,138 and 45,164,138 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$4.52K	USD	Point-in-time
Common stock, $0.0001 par value, 500,000,000 shares authorized, 45,164,138 and 45,164,138 shares issued and outstanding as of June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$4.52K	USD	Point-in-time
Common stock to be issued	`CommonStockToBeIssued`	$5.00K	USD	Point-in-time
Common stock to be issued	`CommonStockToBeIssued`	$5.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.62M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.62M	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Subscription receivable	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$50.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.59M	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-9.68K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$35.48K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$50.62K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$313.00	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	2 Qtrs
REVENUES	`Revenues`	-	USD	1 Quarter
REVENUES	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.09K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$25.44K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.69K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$35.35K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$25.44K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$4.69K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$35.35K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$2.09K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-4.69K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-35.35K	USD	2 Qtrs
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-25.44K	USD	1 Quarter
LOSS FROM OPERATIONS	`IncomeLossFromContinuingOperations`	$-2.09K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$151.00	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$151.00	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	-	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	-	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-35.35K	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.24K	USD	1 Quarter
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.84K	USD	2 Qtrs
LOSS BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.44K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-25.44K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-4.84K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-2.24K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-35.35K	USD	2 Qtrs
LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
LOSS PER SHARE - BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	95.16M	shares	1 Quarter
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.96M	shares	1 Quarter
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	94.96M	shares	2 Qtrs
WEIGHTED AVERAGE OUTSTANDING SHARES BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	95.16M	shares	2 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-25.44K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-4.84K	USD	2 Qtrs
Net (loss)	`NetIncomeLoss`	$-2.24K	USD	1 Quarter
Net (loss)	`NetIncomeLoss`	$-35.35K	USD	2 Qtrs
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	2 Qtrs
Increase in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$151.00	USD	2 Qtrs
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.69K	USD	2 Qtrs
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-35.35K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	2 Qtrs
Short-term loan	`ProceedsFromShortTermDebt`	$5.00K	USD	2 Qtrs
Short-term loan	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Acquisition of treasury stock	`ProceedsFromSaleOfTreasuryStock`	$-15.00K	USD	2 Qtrs
Acquisition of treasury stock	`ProceedsFromSaleOfTreasuryStock`	-	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$55.00K	USD	2 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00K	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-348.00	USD	2 Qtrs
NET INCREASE (DECREASE) IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$50.31K	USD	2 Qtrs
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$50.62K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
CASH AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.25K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$50.62K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$313.00	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.60K	USD	Point-in-time
CASH AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$10.25K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

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