10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001276531-11-000014`
Period End Date	20110930
Filing Date	20111109
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	scgy-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 65 Cash Flow Statement 36

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$4.44M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time
Accounts Receivable, Net, Current	`AccountsReceivableNetCurrent`	$2.87M	USD	Point-in-time
Accounts Receivable, interest	`AccountsReceivableInterest`	$51.95K	USD	Point-in-time
Accounts Receivable, interest	`AccountsReceivableInterest`	$35.05K	USD	Point-in-time
Prepaid Expense, Current	`PrepaidExpenseCurrent`	$17.06K	USD	Point-in-time
Prepaid Expense, Current	`PrepaidExpenseCurrent`	$1.61K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.56M	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$4.72M	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$257.10K	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$190.96K	USD	Point-in-time
Other Long-term Investments	`OtherLongTermInvestments`	$1.81M	USD	Point-in-time
Other Long-term Investments	`OtherLongTermInvestments`	$2.58M	USD	Point-in-time
Assets	`Assets`	$4.33M	USD	Point-in-time
Assets	`Assets`	$6.79M	USD	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.82M	USD	Point-in-time
Accounts Payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$89.00	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$89.00	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$2.82M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Common Stock, Value, Issued	`CommonStockValue`	$949.16K	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Additional Paid in Capital, Common Stock	`AdditionalPaidInCapitalCommonStock`	$5.73M	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.96K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.59K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.36M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.72M	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$4.33M	USD	Point-in-time
Stockholders' Equity	`StockholdersEquity`	$3.97M	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	25.00M	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred Stock, Value, Outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred Stock, Value, Outstanding	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	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
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.92M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	94.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.92M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	94.92M	shares	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Common Stock, Value, Outstanding	`CommonStockValueOutstanding`	$949.16K	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$4.33M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$6.79M	USD	Point-in-time

Income Statement 65 line items

Line Item	Tag	Value	Unit	Period
Sales Revenue, Goods, Net	`SalesRevenueGoodsNet`	$7.15M	USD	3 Qtrs
Sales Revenue, Goods, Net	`SalesRevenueGoodsNet`	$4.14M	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$6.97M	USD	3 Qtrs
Cost of Goods Sold	`CostOfGoodsSold`	$4.07M	USD	1 Quarter
Gross Profit	`GrossProfit`	$69.29K	USD	1 Quarter
Gross Profit	`GrossProfit`	$180.70K	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$246.19K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$184.28K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$475.07K	USD	3 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$631.71K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$65.70K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$62.26K	USD	3 Qtrs
Depreciation	`DepreciationAndAmortization`	$21.93K	USD	1 Quarter
Depreciation	`DepreciationAndAmortization`	$21.88K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$693.96K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$206.17K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$540.77K	USD	3 Qtrs
Operating Expenses	`OperatingExpenses`	$268.11K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-540.77K	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-198.82K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-206.17K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-513.26K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$51.92K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$97.18K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$35.10K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$137.76K	USD	3 Qtrs
Gain on exchange of investments	`GainLossOnInvestments`	$769.75K	USD	1 Quarter
Gain on exchange of investments	`GainLossOnInvestments`	$-769.75K	USD	3 Qtrs
Marketable Securities, Realized Gain (Loss)	`MarketableSecuritiesRealizedGainLoss`	$-211.62K	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$366.73K	USD	3 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$598.68K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-146.90K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$627.70K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-627.70K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.90K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.68K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$366.73K	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	3 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	-	USD	1 Quarter
Earnings Per Share, Basic	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	-	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.92M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.92M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.92M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	94.92M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.92M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.92M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.92M	shares	3 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	94.92M	shares	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-627.70K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-146.90K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$598.68K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$366.73K	USD	3 Qtrs
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.31K	USD	1 Quarter
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-10.60K	USD	3 Qtrs
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-897.00	USD	1 Quarter
Foreign translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.37K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-638.30K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-144.59K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$363.37K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$597.79K	USD	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$366.73K	USD	3 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-627.70K	USD	3 Qtrs
Depreciation	`Depreciation`	$65.70K	USD	3 Qtrs
Depreciation	`Depreciation`	$62.26K	USD	3 Qtrs
Gain on Sale of Available for Sale Securities	`AvailableForSaleSecuritiesGrossRealizedGains`	$211.62K	USD	3 Qtrs
Gain on exchange of investments	`GainLossOnInvestments`	$769.75K	USD	1 Quarter
Gain on exchange of investments	`GainLossOnInvestments`	$-769.75K	USD	3 Qtrs
Increase (Decrease) in Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$2.87M	USD	3 Qtrs
Increase (Decrease) in Accounts Receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.05M	USD	3 Qtrs
Increase (Decrease) in Interest Receivable	`IncreaseDecreaseInAccruedInterestReceivableNet`	$16.90K	USD	3 Qtrs
Increase (Decrease) in Purchase Advances	`IncreaseDecreaseInPurchaseAdvances`	$1.00M	USD	3 Qtrs
Increase (Decrease) in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$15.57K	USD	3 Qtrs
Increase (Decrease) in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$-2.08K	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.20M	USD	3 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.82M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-252.20K	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-207.34K	USD	3 Qtrs
Purchase of Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-68.00	USD	3 Qtrs
Purchase of Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-165.90K	USD	3 Qtrs
Purchase of Available-for-sale Securities	`PaymentsToAcquireAvailableForSaleSecurities`	$-2.97M	USD	3 Qtrs
Purchase of Held-to-maturity Securities	`PaymentsToAcquireHeldToMaturitySecurities`	$-2.58M	USD	3 Qtrs
Proceeds from Sale of Available for Sale Securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$2.76M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.96M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.00	USD	3 Qtrs
Effect of change rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.24K	USD	3 Qtrs
Effect of change rate on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-7.62K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-256.51K	USD	3 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-3.17M	USD	3 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$4.44M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.78M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.52M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$4.44M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.27M	USD	Point-in-time

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