10-Q Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001276531-13-000009`
Period End Date	20130630
Filing Date	20130815
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	scgy-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 47 Income Statement 50 Cash Flow Statement 30

Balance Sheet 47 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$53.92K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time
Prepaid Expense, Current	`PrepaidExpenseCurrent`	$25.96K	USD	Point-in-time
Prepaid Expense, Current	`PrepaidExpenseCurrent`	$29.23K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$84.17K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$83.15K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$39.06K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$82.67K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$26.54K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$21.30K	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$518.20K	USD	Point-in-time
Long-term Investments	`LongTermInvestments`	$377.48K	USD	Point-in-time
Long-term investments - restricted	`LongTermInvestmentsRestricted`	$1.38M	USD	Point-in-time
Long-term investments - restricted	`LongTermInvestmentsRestricted`	$1.89M	USD	Point-in-time
Assets	`Assets`	$1.91M	USD	Point-in-time
Assets	`Assets`	$2.60M	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$723.49K	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$164.23K	USD	Point-in-time
Deferred Revenue and Credits, Current	`DeferredRevenueAndCreditsCurrent`	$103.15K	USD	Point-in-time
Related Party Loans, Current	`RelatedPartyLoansCurrent`	$45.13K	USD	Point-in-time
Related Party Loans, Current	`RelatedPartyLoansCurrent`	$76.73K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$871.77K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$240.96K	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`	$-644.72K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-180.38K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-5.00M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-4.14M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36M	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
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`	$2.60M	USD	Point-in-time
Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$1.91M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$817.20K	USD	2 Qtrs
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$280.16K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$411.80K	USD	1 Quarter
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$545.19K	USD	2 Qtrs
Depreciation	`Depreciation`	$21.73K	USD	1 Quarter
Depreciation	`Depreciation`	$44.01K	USD	2 Qtrs
Depreciation	`Depreciation`	$43.54K	USD	2 Qtrs
Depreciation	`Depreciation`	$22.00K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$589.20K	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$433.53K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$302.16K	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$860.74K	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-302.16K	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-860.74K	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-589.20K	USD	2 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$-433.53K	USD	1 Quarter
Interest Income, Nonoperating	`InterestIncomeNonoperating`	$3.00	USD	2 Qtrs
Interest Income, Nonoperating	`InterestIncomeNonoperating`	$17.00	USD	1 Quarter
Interest Income, Nonoperating	`InterestIncomeNonoperating`	$2.00	USD	1 Quarter
Interest Income, Nonoperating	`InterestIncomeNonoperating`	$46.00	USD	2 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-589.15K	USD	2 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-302.14K	USD	1 Quarter
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-860.74K	USD	2 Qtrs
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-433.53K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-433.53K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-860.74K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-589.15K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-302.14K	USD	1 Quarter
Exchange of Investment	`ExchangeOfInvestment`	$-569.45K	USD	2 Qtrs
Exchange of Investment	`ExchangeOfInvestment`	$-485.58K	USD	1 Quarter
Exchange of Investment	`ExchangeOfInvestment`	$14.35K	USD	2 Qtrs
Exchange of Investment	`ExchangeOfInvestment`	$-138.37K	USD	1 Quarter
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.32K	USD	1 Quarter
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$105.11K	USD	2 Qtrs
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$114.00	USD	2 Qtrs
Foreign Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$109.15K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-441.83K	USD	1 Quarter
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-1.33M	USD	2 Qtrs
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-574.68K	USD	2 Qtrs
Comprehensive Income (loss)	`ComprehensiveIncomeNetOfTax`	$-809.98K	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Weighted Average Number of Shares Outstanding, Basic and Diluted	`WeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	94.92M	shares	Point-in-time
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-433.53K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-860.74K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-589.15K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-302.14K	USD	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-589.15K	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-860.74K	USD	2 Qtrs
Depreciation	`Depreciation`	$21.73K	USD	1 Quarter
Depreciation	`Depreciation`	$44.01K	USD	2 Qtrs
Depreciation	`Depreciation`	$43.54K	USD	2 Qtrs
Depreciation	`Depreciation`	$22.00K	USD	1 Quarter
Increase (Decrease) in Deposits	`IncreaseDecreaseInDeposits`	$-21.27K	USD	2 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.52K	USD	2 Qtrs
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-116.20K	USD	2 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.17K	USD	2 Qtrs
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$694.24K	USD	2 Qtrs
Increase (Decrease) in Deferred Revenue	`IncreaseDecreaseInDeferredRevenue`	$103.11K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-684.78K	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.37K	USD	2 Qtrs
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-541.00	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-541.00	USD	2 Qtrs
Repayment of Advances from Related Parties	`RepaymentOfNotesReceivableFromRelatedParties`	$-31.54K	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.54K	USD	2 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-275.00	USD	2 Qtrs
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$55.62K	USD	2 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.29K	USD	2 Qtrs
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-685.60K	USD	2 Qtrs
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$53.92K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$53.92K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$58.20K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$529.96K	USD	Point-in-time

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