10-K Filing

GUOCHUN INTERNATIONAL INC. CIK: 1765048 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001765048-21-000003`
Period End Date	20201231
Filing Date	20210216
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	none-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 18 Cash Flow Statement 26 Stockholders Equity 6

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Common stock par value	`CommonStockValue`	$0.00	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$70.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$1.43K	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
Service Deposit	`DepositAssets`	-	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Service Deposit	`DepositAssets`	$126.00	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	3.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.43K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$196.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.43K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$196.00	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$5.00K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$1.54K	USD	Point-in-time
Advances payable to sole officer and director (non-interest bearing and due on demand)	`InterestPayableCurrent`	$9.07K	USD	Point-in-time
Advances payable to sole officer and director (non-interest bearing and due on demand)	`InterestPayableCurrent`	$9.07K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.60K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.07K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$14.07K	USD	Point-in-time
Total Liabilities	`LiabilitiesNoncurrent`	$10.60K	USD	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 3,870,600 and 3,000,000 shares issued and outstanding as of December 31, 2020 December 31, 2020, respectively	`CommonStockSharesIssued`	3,000.00	shares	Point-in-time
Common stock, $0.001 par value, 75,000,000 shares authorized; 3,870,600 and 3,000,000 shares issued and outstanding as of December 31, 2020 December 31, 2020, respectively	`CommonStockSharesIssued`	3,871.00	shares	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$20.85K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-37.36K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.41K	USD	Point-in-time
Total Stockholders` Equity	`Liabilities`	$-12.63K	USD	Point-in-time
Total Stockholders` Equity	`Liabilities`	$-10.41K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER`S EQUITY	`LiabilitiesAndStockholdersEquity`	$196.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDER`S EQUITY	`LiabilitiesAndStockholdersEquity`	$1.43K	USD	Point-in-time

Income Statement 18 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	-	USD	Annual
REVENUES	`Revenues`	-	USD	Annual
Professional Fees	`LegalFees`	$9.21K	USD	Annual
Professional Fees	`LegalFees`	$11.09K	USD	Annual
Other General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$2.36K	USD	Annual
Other General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$12.86K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$23.95K	USD	Annual
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$11.57K	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-11.57K	USD	Annual
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-23.95K	USD	Annual
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	Annual
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	Annual
NET LOSS	`ProfitLoss`	$-23.95K	USD	Annual
NET LOSS	`ProfitLoss`	$-11.57K	USD	Annual
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.70M	shares	Annual
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.00M	shares	Annual

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`LossContingencyLossInPeriod`	$-11.57K	USD	Annual
Net Loss	`LossContingencyLossInPeriod`	$-23.95K	USD	Annual
Service deposit	`IncreaseDecreaseInMarginDepositsOutstanding`	-	USD	Annual
Service deposit	`IncreaseDecreaseInMarginDepositsOutstanding`	$126.00	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.46K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.23K	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.34K	USD	Annual
Net cash used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.36K	USD	Annual
Sale of common stock	`PaymentsForRepurchaseOfCommonStock`	$21.73K	USD	Annual
Sale of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Advances from sole officer and director	`LoansAndLeasesReceivableRelatedPartiesProceeds`	$7.31K	USD	Annual
Advances from sole officer and director	`LoansAndLeasesReceivableRelatedPartiesProceeds`	-	USD	Annual
Collection of subscription receivable from sole officer and director	`ProceedsFromCollectionOfLoansReceivable`	-	USD	Annual
Collection of subscription receivable from sole officer and director	`ProceedsFromCollectionOfLoansReceivable`	$3.00K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$21.73K	USD	Annual
Net cash provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$10.31K	USD	Annual
Net cash increase (decrease) for period	`CashPeriodIncreaseDecrease`	$-30.00	USD	Annual
Net cash increase (decrease) for period	`CashPeriodIncreaseDecrease`	$1.36K	USD	Annual
Cash at beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$100.00	USD	Point-in-time
Cash at beginning of period	`CashCashEquivalentsAndShortTermInvestments`	$70.00	USD	Point-in-time
Cash at end of period	`Cash`	$1.43K	USD	Point-in-time
Cash at end of period	`Cash`	$70.00	USD	Point-in-time
Interest	`InterestPaid`	-	USD	Annual
Interest	`InterestPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-10.41K	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.63K	USD	Point-in-time
Sales of common stock	`StockIssuedDuringPeriodSharesNewIssues`	21,725.00	shares	Annual
Net loss	`NetIncomeLoss`	$-23.95K	USD	Annual
Balance	`StockholdersEquity`	$-10.41K	USD	Point-in-time
Balance	`StockholdersEquity`	$-12.63K	USD	Point-in-time

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