10-K Filing

SCIENTIFIC ENERGY, INC CIK: 1276531 FY 2013

Filing Information

Form Type	10-K
Accession Number	`0001276531-14-000003`
Period End Date	20131231
Filing Date	20140328
Fiscal Year	2013
Fiscal Period	FY
XBRL Instance	scgy-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 43 Income Statement 29 Cash Flow Statement 31 Stockholders Equity 12

Balance Sheet 43 line items

Line Item	Tag	Value	Unit	Period
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	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
Prepaid Expense and Other Assets, Current	`PrepaidExpenseAndOtherAssetsCurrent`	$25.96K	USD	Point-in-time
Prepaid Expense and Other Assets, Current	`PrepaidExpenseAndOtherAssetsCurrent`	$7.09K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$84.17K	USD	Point-in-time
Assets, Current	`AssetsCurrent`	$1.32M	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$3.64K	USD	Point-in-time
Property, Plant and Equipment, Net	`PropertyPlantAndEquipmentNet`	$82.67K	USD	Point-in-time
Deposits Assets, Noncurrent	`DepositsAssetsNoncurrent`	$22.08K	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 -Restricted	`LongTermInvestmentsRestricted`	$1.89M	USD	Point-in-time
Assets	`Assets`	$2.60M	USD	Point-in-time
Assets	`Assets`	$1.34M	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$164.23K	USD	Point-in-time
Accounts Payable and Accrued Liabilities, Current	`AccountsPayableAndAccruedLiabilitiesCurrent`	$550.11K	USD	Point-in-time
Loans Payable, Related Party, Current	`LoansPayableRelatedPartyCurrent`	$76.73K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$240.96K	USD	Point-in-time
Liabilities, Current	`LiabilitiesCurrent`	$550.11K	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`	$-180.38K	USD	Point-in-time
Accumulated Other Comprehensive Income (Loss), Net of Tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.58K	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-5.89M	USD	Point-in-time
Retained Earnings (Accumulated Deficit)	`RetainedEarningsAccumulatedDeficit`	$-4.14M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$791.14K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	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`	$1.34M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$1.56M	USD	Annual
Selling, General and Administrative Expense	`SellingGeneralAndAdministrativeExpense`	$1.33M	USD	Annual
Depreciation	`Depreciation`	$78.97K	USD	Annual
Depreciation	`Depreciation`	$87.79K	USD	Annual
Operating Expenses	`OperatingExpenses`	$1.64M	USD	Annual
Operating Expenses	`OperatingExpenses`	$1.42M	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.42M	USD	Annual
Operating Income (Loss)	`OperatingIncomeLoss`	$-1.64M	USD	Annual
Interest Income, Net	`InterestIncomeNet`	$60.00	USD	Annual
Interest Income, Net	`InterestIncomeNet`	$7.00	USD	Annual
Gain (Loss) on Sale of Investments	`GainLossOnSaleOfInvestments`	$-108.84K	USD	Annual
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.42M	USD	Annual
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.75M	USD	Annual
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.42M	USD	Annual
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.75M	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.42M	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.75M	USD	Annual
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Earnings Per Share, Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	Annual
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`	$-1.42M	USD	Annual
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-1.75M	USD	Annual
Exchange of Investment	`ExchangeOfInvestment`	$139.24K	USD	Annual
Exchange of Investment	`ExchangeOfInvestment`	$179.84K	USD	Annual
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-2.04K	USD	Annual
Foreign Currency Translation Gain (Loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-7.44K	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-1.28M	USD	Annual
Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTax`	$-1.57M	USD	Annual

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.42M	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.75M	USD	Annual
Depreciation	`Depreciation`	$78.97K	USD	Annual
Depreciation	`Depreciation`	$87.79K	USD	Annual
Gain (Loss) on Sales of Investments, Net	`GainLossOnSalesOfInvestmentsNet`	$108.84K	USD	Annual
Increase (Decrease) in Deposits	`IncreaseDecreaseInDeposits`	$-21.28K	USD	Annual
Increase (Decrease) in Deposits	`IncreaseDecreaseInDeposits`	$-780.00	USD	Annual
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.87K	USD	Annual
Increase (Decrease) in Prepaid Expense and Other Assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-23.68K	USD	Annual
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$160.79K	USD	Annual
Increase (Decrease) in Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$385.87K	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.21M	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.15M	USD	Annual
Payments to Acquire Property, Plant, and Equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$-541.00	USD	Annual
Proceeds from Sale of Investments	`ProceedsFromSaleOfOtherInvestments`	$2.48M	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$2.48M	USD	Annual
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-541.00	USD	Annual
Proceeds from (Repayments of) Related Party Debt	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$76.67K	USD	Annual
Repayment of Notes Receivable from Related Parties	`RepaymentOfNotesReceivableFromRelatedParties`	$-76.73K	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-76.73K	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$76.67K	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-21.57K	USD	Annual
Effect of Exchange Rate on Cash and Cash Equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-141.00	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.25M	USD	Annual
Cash and Cash Equivalents, Period Increase (Decrease)	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.16M	USD	Annual
Cash and Cash Equivalents, at Carrying Value	`CashAndCashEquivalentsAtCarryingValue`	$1.31M	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`	$1.31M	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

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$791.14K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	USD	Point-in-time
Unrealized gain from change in fair value of investment	`UnrealizedGainFromChangeInFairValueOfInvestment`	$179.84K	USD	Annual
Unrealized gain from change in fair value of investment	`UnrealizedGainFromChangeInFairValueOfInvestment`	$139.24K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.04K	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.44K	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.42M	USD	Annual
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	`ProfitLoss`	$-1.75M	USD	Annual
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$791.14K	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.36M	USD	Point-in-time
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.64M	USD	Point-in-time

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