Fortune Valley Treasures, Inc. (FVTI) Property, Plant & Equipment (Net) (2017 - 2024)
Fortune Valley Treasures' Property, Plant & Equipment (Net) was $65,544 in Q2 2024, down 41.7% from $112,461 a year earlier and down 11.6% from the prior quarter.
Fortune Valley Treasures, Inc. (FVTI) Property, Plant & Equipment (Net) (2017 - 2024) Analysis & Trends
At the end of FY2023, Property, Plant & Equipment (Net) at Fortune Valley Treasures came in at $83,706, down 14.5% from FY2022.
- Property, Plant & Equipment (Net) shows a five-year compound annual growth rate of 53.5% (FY2018 to FY2023).
- In earlier years, Property, Plant & Equipment (Net) was $97,890 in FY2022 (-30.3%), $140,394 in FY2021 (+193.6%), $47,815 in FY2020 (+455.3%) and $8,611 in FY2019 (-12.2%).
- The Q2 2024 figure marks the lowest quarterly Property, Plant & Equipment (Net) since Q1 2021.
- Compared with a year earlier, Property, Plant & Equipment (Net) has declined for eight straight quarters, with an average decline of 21.2% over the last eight quarters.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q3 2020 (growth of 482.5%); the worst was Q2 2024 (a decline of 41.7%).
- Per Business Quant data, FVTI's Property, Plant & Equipment (Net) in the three quarters before Q2 2024 was $74,124 (Q1 2024), $83,706 (Q4 2023) and $104,225 (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 65,544.00 |
| Mar 31, 2024 | 74,124.00 |
| Dec 31, 2023 | 83,706.00 |
| Sep 30, 2023 | 104,225.00 |
| Jun 30, 2023 | 112,461.00 |
| Mar 31, 2023 | 87,744.00 |
| Dec 31, 2022 | 97,890.00 |
| Sep 30, 2022 | 110,019.00 |
| Jun 30, 2022 | 118,063.00 |
| Mar 31, 2022 | 128,224.00 |
| Dec 31, 2021 | 140,394.00 |
| Sep 30, 2021 | 149,213.00 |
| Jun 30, 2021 | 89,025.00 |
| Mar 31, 2021 | 42,741.00 |
| Dec 31, 2020 | 47,815.00 |
| Sep 30, 2020 | 50,996.00 |
| Jun 30, 2020 | 50,960.00 |
| Mar 31, 2020 | 55,339.00 |
| Dec 31, 2019 | 8,611.00 |
| Sep 30, 2019 | 8,755.00 |
Fortune Valley Treasures, Inc. Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=FVTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=FVTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();