10-Q Filing

GUOCHUN INTERNATIONAL INC. CIK: 1765048 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001765048-21-000009`
Period End Date	20210630
Filing Date	20210721
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	charmt10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 32 Income Statement 32 Cash Flow Statement 22 Stockholders Equity 22

Balance Sheet 32 line items

Line Item	Tag	Value	Unit	Period
Common Stock Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
CashAndCashEquivalentsAtCarryingValue	`CashAndCashEquivalentsAtCarryingValue`	$1.43K	USD	Point-in-time
Common Stock Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
CashAndCashEquivalentsAtCarryingValue	`CashAndCashEquivalentsAtCarryingValue`	$505.00	USD	Point-in-time
Common Stock Shares Authorized	`CommonStockSharesAuthorized`	75.00M	shares	Point-in-time
AssetsCurrent	`AssetsCurrent`	$1.43K	USD	Point-in-time
AssetsCurrent	`AssetsCurrent`	$505.00	USD	Point-in-time
Common Stock Shares Issued	`CommonStockSharesIssued`	3.87M	shares	Point-in-time
Common Stock Shares Issued	`CommonStockSharesIssued`	3.87M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$1.43K	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$505.00	USD	Point-in-time
Common Stock Shares Outstanding	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
AccountsPayableCurrent	`AccountsPayableCurrent`	$5.00K	USD	Point-in-time
AccountsPayableCurrent	`AccountsPayableCurrent`	-	USD	Point-in-time
AdvancesFairValueDisclosure	`AdvancesFairValueDisclosure`	$30.27K	USD	Point-in-time
AdvancesFairValueDisclosure	`AdvancesFairValueDisclosure`	$9.07K	USD	Point-in-time
LiabilitiesCurrent	`LiabilitiesCurrent`	$30.27K	USD	Point-in-time
LiabilitiesCurrent	`LiabilitiesCurrent`	$14.07K	USD	Point-in-time
Liabilities	`Liabilities`	$14.07K	USD	Point-in-time
Liabilities	`Liabilities`	$30.27K	USD	Point-in-time
CommonStockValue	`CommonStockValue`	$3.87K	USD	Point-in-time
CommonStockValue	`CommonStockValue`	$3.87K	USD	Point-in-time
AdditionalPaidInCapital	`AdditionalPaidInCapital`	$20.85K	USD	Point-in-time
AdditionalPaidInCapital	`AdditionalPaidInCapital`	$20.85K	USD	Point-in-time
RetainedEarningsAccumulatedDeficit	`RetainedEarningsAccumulatedDeficit`	$-37.36K	USD	Point-in-time
RetainedEarningsAccumulatedDeficit	`RetainedEarningsAccumulatedDeficit`	$-54.49K	USD	Point-in-time
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-12.63K	USD	Point-in-time
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-29.76K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY	`LiabilitiesAndStockholdersEquity`	$505.00	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS` EQUITY	`LiabilitiesAndStockholdersEquity`	$1.43K	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Professional Fees	`ProfessionalFees`	$19.06K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$11.29K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$16.61K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$12.66K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$1.20K	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$512.00	USD	2 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$596.00	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$285.00	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$20.26K	USD	2 Qtrs
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$11.57K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$13.26K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$17.13K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-17.13K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-20.26K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-11.57K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-13.26K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	1 Quarter
PROVISION FOR INCOME TAXES	`CurrentStateAndLocalTaxExpenseBenefit`	-	USD	2 Qtrs
NET LOSS	`IncomeLossFromContinuingOperations`	$-13.26K	USD	1 Quarter
NET LOSS	`IncomeLossFromContinuingOperations`	$-17.13K	USD	2 Qtrs
NET LOSS	`IncomeLossFromContinuingOperations`	$-11.57K	USD	1 Quarter
NET LOSS	`IncomeLossFromContinuingOperations`	$-20.26K	USD	2 Qtrs
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
NET LOSS PER SHARE: BASIC AND DILUTED	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.85M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.87M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.53M	shares	2 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.87M	shares	2 Qtrs

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-17.13K	USD	2 Qtrs
Net Loss	`ProfitLoss`	$-20.26K	USD	2 Qtrs
IncreaseDecreaseInAccountsPayable	`IncreaseDecreaseInAccountsPayable`	$5.01K	USD	2 Qtrs
IncreaseDecreaseInAccountsPayable	`IncreaseDecreaseInAccountsPayable`	$-5.00K	USD	2 Qtrs
NetCashProvidedByUsedInOperatingActivities	`NetCashProvidedByUsedInOperatingActivities`	$-15.24K	USD	2 Qtrs
NetCashProvidedByUsedInOperatingActivities	`NetCashProvidedByUsedInOperatingActivities`	$-22.13K	USD	2 Qtrs
ProceedsFromRelatedPartyDebt	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
ProceedsFromRelatedPartyDebt	`ProceedsFromRelatedPartyDebt`	$21.20K	USD	2 Qtrs
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$21.73K	USD	2 Qtrs
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	-	USD	2 Qtrs
NetCashProvidedByUsedInFinancingActivities	`NetCashProvidedByUsedInFinancingActivities`	$21.73K	USD	2 Qtrs
NetCashProvidedByUsedInFinancingActivities	`NetCashProvidedByUsedInFinancingActivities`	$21.20K	USD	2 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-927.00	USD	2 Qtrs
Net cash increase for period	`CashPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$6.48K	USD	2 Qtrs
Cash at beginning of period	`Cash`	$70.00	USD	Point-in-time
Cash at beginning of period	`Cash`	$1.43K	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsFairValueDisclosure`	$505.00	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsFairValueDisclosure`	$6.55K	USD	Point-in-time
InterestPaid	`InterestPaid`	-	USD	2 Qtrs
InterestPaid	`InterestPaid`	-	USD	2 Qtrs
IncomeTaxesPaid	`IncomeTaxesPaid`	-	USD	2 Qtrs
IncomeTaxesPaid	`IncomeTaxesPaid`	-	USD	2 Qtrs

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-8.94K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-12.63K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-18.19K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-886.00	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-10.41K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-29.76K	USD	Point-in-time
Common Stock, Shares, Outstanding, Beginning Balance	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Common Stock, Shares, Outstanding, Beginning Balance	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Sales of common stock at $0.025 per share	`ProceedsFromIssuanceOrSaleOfEquity`	$21.73K	USD	2 Qtrs
Sales of common stock at $0.025 per share	`ProceedsFromIssuanceOrSaleOfEquity`	$5.20K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-11.57K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.26K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-17.13K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-20.26K	USD	2 Qtrs
Ending balance, value	`StockholdersEquity`	$-8.94K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-12.63K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-18.19K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-886.00	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-10.41K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-29.76K	USD	Point-in-time
Common Stock, Shares, Outstanding, Ending Balance	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time
Common Stock, Shares, Outstanding, Ending Balance	`CommonStockSharesOutstanding`	3.87M	shares	Point-in-time

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