Guochun International Posts $29,613 Net Loss in Nine Months Ending September 2025
Guochun International Inc., a shell company with no current operations, reported a net loss of $29,613 for the nine months ended September 30, 2025, compared to a loss of $23,941 in the same period last year. The company generated no revenue during either period.
Guochun International Inc., a shell company with no current operations, reported a net loss of $29,613 for the nine months ended September 30, 2025, compared to a net loss of $23,941 for the same period in 2024. The company reported no revenue during either period. Read more earnings reports.
Operating expenses climbed 23.7% to $29,613 for the nine-month period from $23,941 a year earlier. Professional fees increased to $21,300 from $19,800, while other general and administrative expenses rose to $8,313 from $4,141.
For the three months ended September 30, 2025, the company posted a net loss of $17,097, up sharply from a loss of $6,844 in the third quarter of 2024. The quarterly loss represented a 149.7% increase year-over-year.
Balance Sheet Deterioration
Total assets stood at $8,250 as of September 30, 2025, consisting entirely of prepayment. The company held no assets at the end of 2024.
Total liabilities increased to $92,475 from $54,612 at the end of December 2024. Accounts payable and accrued liabilities jumped to $46,447 from $9,084, while amounts owed to the sole officer and director reached $46,028, up from $45,528.
Stockholders' deficit widened to $84,225 from $54,612 at year-end 2024. Accumulated deficit expanded to $164,742 from $135,129 over the same period.
Cash Position
The company reported zero cash on its balance sheet as of September 30, 2025. Cash used in operating activities totaled $500 for the nine-month period, compared to $18,495 in the prior-year period.
Advances from the current sole officer and director provided $500 in financing during the nine months ended September 30, 2025, down from $18,495 in the year-earlier period.
Financial Summary
| Period | Revenue | Operating Expenses | Net Loss |
|---|---|---|---|
| Q3 2025 | $0 | $17,097 | ($17,097) |
| Q3 2024 | $0 | $6,844 | ($6,844) |
| 9M 2025 | $0 | $29,613 | ($29,613) |
| 9M 2024 | $0 | $23,941 | ($23,941) |
The company's share count remained unchanged at 3,870,600 common shares issued and outstanding throughout both periods. Loss per share for the nine months ended September 30, 2025 was $0.01.