CAM Group, Inc.

CIK:0001419559|SEC Filings

9. EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2015

9. EARNINGS PER SHARE

Basic net income per share is computed using the weighted average number of the common shares outstanding during the periods. Diluted net income per share is computed using the weighted average number of all dilutive common stock equivalents during the periods. The Company had no dilutive common stock equivalents as of March 31, 2015.

The following table sets forth the computation of basic net (loss) per share for the periods ended March 31, 2015 and 2014, respectively.

	For the periods ended
	March 31, 2015			March 31, 2014
Net (loss) attributable to common shareholders	$	(77,888	)	$	(132,341	)
Net (loss) per Share
Basic and diluted		**		$	(0.01	)
Weighted Average Number of Shares Outstanding
Basic and diluted		25,295,000			25,295,000

Statements of Cash Flows (USD $)	3 Months Ended
Statements of Cash Flows (USD $)	Mar. 31, 2015	Mar. 31, 2014
Statement of Cash Flows [Abstract]
Net income (loss)	$ (77,888)us-gaap_NetIncomeLoss	$ (132,341)us-gaap_NetIncomeLoss
Depreciation	9,115us-gaap_Depreciation	6,327us-gaap_Depreciation
Accounts receivables	1,641,999
Advanced to suppliers		460
Prepayments and Other receivable	411	(983)
Accounts payable and accrued expenses	(5,728)	14,272
Net cash (used in) provided by operating activities	1,566,319	114,410
Cash flow from investing activities
Advanced to related parties	(49,910)	(5,171,512)
Net cash (used in) investing activities	(49,910)	(5,171,512)
Proceeds from shareholders loan payable	111,717us-gaap_ProceedsFromRelatedPartyDebt	103,526us-gaap_ProceedsFromRelatedPartyDebt
Proceeds from related party loan payable	6,262	2,009
Net cash provided by financing activities	117,979
Effect of changes in exchange rate	9,274	(1,012)
Net (decrease)/ increase in cash and cash equivalents	1,643,662	(5,181,399)
Cash and cash equivalents at the beginning of the year	411,000	5,600,286
Cash and cash equivalents at the end of the year	2,054,662	418,887
Cash paid for interest
Cash paid for income taxes

Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Cash and cash equivalent	$ 2,054,662	$ 411,000
Accounts receivable		1,649,724us-gaap_AccountsReceivableNetCurrent
Accounts receivable - related party	1,696,129	1,693,889
Advances to suppliers	1,476,068us-gaap_AdvancesOnInventoryPurchases	1,474,118us-gaap_AdvancesOnInventoryPurchases
Prepayment and deposits	653us-gaap_DepositsAssetsCurrent	1,066us-gaap_DepositsAssetsCurrent
Advanced to related parties	5,344,683us-gaap_DueFromRelatedParties	5,287,478us-gaap_DueFromRelatedParties
Other receivable	2,302us-gaap_OtherReceivables	2,299us-gaap_OtherReceivables
Total Current Assets	10,574,497us-gaap_AssetsCurrent	10,519,574us-gaap_AssetsCurrent
Plant and Equipment, Net	87,971us-gaap_PropertyPlantAndEquipmentNet	97,012us-gaap_PropertyPlantAndEquipmentNet
Total Assets	10,662,468us-gaap_Assets	10,616,586us-gaap_Assets
Accounts payables and accrued expenses	45,861	51,572
Other payables - related party	39,197	39,145
Due to shareholders	1,042,701us-gaap_DueToAffiliateCurrent	929,082us-gaap_DueToAffiliateCurrent
Due to related parties	64,297	57,921
Income tax payable	1,630,411us-gaap_AccruedIncomeTaxes	1,628,257us-gaap_AccruedIncomeTaxes
Total Liabilities	2,822,467us-gaap_Liabilities	2,705,977us-gaap_Liabilities
Preferred stock, $.001 par value, 10,000,000 shares authorized, 1,000,000 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	1,000us-gaap_PreferredStockValue	1,000us-gaap_PreferredStockValue
Common stock, $.001 par value, 90,000,000 shares authorized, 25,295,000 shares issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	25,295us-gaap_CommonStockValue	25,295us-gaap_CommonStockValue
Additional paid-in capital	556,790us-gaap_AdditionalPaidInCapital	556,790us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income	37,196	28,503
Retained earnings (deficits)	7,074,925	7,152,813
Non-controlling interest	144,795us-gaap_MinorityInterest	146,208us-gaap_MinorityInterest
Total Equity	7,840,001us-gaap_StockholdersEquity	7,910,609us-gaap_StockholdersEquity
Total Liabilities and Equity	$ 10,662,468	$ 10,616,586