Fortune Valley Treasures, Inc. (FVTI) Non-Current Assets (2017 - 2024)
Fortune Valley Treasures (FVTI) recorded Non-Current Assets of $943,000 in Q2 2024, down 47.1% from $1.78 million a year earlier and down 10.2% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Non-Current Assets (2017 - 2024) Analysis & Trends
At the end of FY2023, Fortune Valley Treasures reported Non-Current Assets of $1.17 million, down 51.8% from FY2022.
- Annual Non-Current Assets has a five-year compound annual growth rate of 160.0% (FY2018 to FY2023).
- Across earlier years, Non-Current Assets came in at $2.42 million in FY2022 (-63.5%), $6.62 million in FY2021 (+21.9%), $5.43 million in FY2020 and $119,067 in FY2019.
- The Q2 2024 figure is the lowest quarterly Non-Current Assets since Q2 2020.
- On a year-over-year basis, Non-Current Assets has declined for eight consecutive quarters, with an average decline of 54.5% over the last eight quarters.
- Peak year-over-year performance for Non-Current Assets in the last five years was growth of 21.9% in Q4 2021, against a decline of 71.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.05 million (Q1 2024), $1.17 million (Q4 2023) and $1.63 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 943,000.00 |
| Mar 31, 2024 | 1.05 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Sep 30, 2023 | 1.63 Mn |
| Jun 30, 2023 | 1.78 Mn |
| Mar 31, 2023 | 2.09 Mn |
| Dec 31, 2022 | 2.42 Mn |
| Sep 30, 2022 | 5.55 Mn |
| Jun 30, 2022 | 6.35 Mn |
| Mar 31, 2022 | 6.69 Mn |
| Dec 31, 2021 | 6.62 Mn |
| Sep 30, 2021 | 6.36 Mn |
| Jun 30, 2021 | 6.31 Mn |
| Mar 31, 2021 | 5.50 Mn |
| Dec 31, 2020 | 5.43 Mn |
| Sep 30, 2020 | 10.66 Mn |
| Jun 30, 2020 | 152,383.00 |
| Mar 31, 2020 | 160,390.00 |
| Dec 31, 2019 | 119,067.00 |
| Sep 30, 2019 | 137,415.00 |
Fortune Valley Treasures, Inc. Non-Current Assets 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=non-current-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();