Fortune Valley Treasures, Inc. (FVTI) Intangibles (2020 - 2024)
Fortune Valley Treasures (FVTI) posted Intangibles of $46,364 for Q2 2024, down 81.6% from $252,148 a year earlier and down 52.6% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Intangibles (2020 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures' Intangibles came in at $151,639, down 59.1% from FY2022.
- Annual Intangibles has declined for three consecutive years, with a three-year compound annual growth rate of -63.1% (FY2020 to FY2023).
- In prior years, Fortune Valley Treasures' Intangibles was $370,926 in FY2022 (-83.7%), $2.28 million in FY2021 (-24.7%) and $3.03 million in FY2020.
- The Q2 2024 figure stands as the lowest quarterly Intangibles in data going back to Q3 2020.
- On a year-over-year basis, Intangibles has declined in each of the last 12 quarters, with an average decline of 73.8% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 21.2% (Q3 2021) and 86.5% (Q3 2023) over the last five years.
- According to Business Quant data, Intangibles for the three prior quarters was $97,776 (Q1 2024), $151,639 (Q4 2023) and $198,806 (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 46,364.00 |
| Mar 31, 2024 | 97,776.00 |
| Dec 31, 2023 | 151,639.00 |
| Sep 30, 2023 | 198,806.00 |
| Jun 30, 2023 | 252,148.00 |
| Mar 31, 2023 | 318,374.00 |
| Dec 31, 2022 | 370,926.00 |
| Sep 30, 2022 | 1.48 Mn |
| Jun 30, 2022 | 1.77 Mn |
| Mar 31, 2022 | 2.07 Mn |
| Dec 31, 2021 | 2.28 Mn |
| Sep 30, 2021 | 2.44 Mn |
| Jun 30, 2021 | 2.65 Mn |
| Mar 31, 2021 | 2.86 Mn |
| Dec 31, 2020 | 3.03 Mn |
| Sep 30, 2020 | 3.10 Mn |
Fortune Valley Treasures, Inc. Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "FVTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();