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Decarbonization Acquisition Corp IV (DCRD)

Decarbonization Acquisition Corp IV (DCRD)
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Decor Products International, Inc. was organized under the laws of the State of Florida on January 11, 2007 as Murals by Maurice, Inc. On July 1, 2009, the Company changed to its current name. The Company, through its subsidiaries, mainly engaged in the manufacture and sales of furniture decorative paper and related products in the People's Republic of China. All the customers are located in the PRC. Decor, or decoration, paper is a paper used to finish the surface of wood materials. Wood-grain decor paper, used in the manufacture of furniture and laminated flooring, is grades of paper in the world. The production of decor paper requires very specific technological know-how. The Company has 3 decor paper printing production lines of which 2 were in full operation with a one year production capacity of 96 million meters. The remaining 1 printing line was completed its installation and testing in the first quarter of 2010. The Company conducts research and development in manufacturing 30g -120g PU paper, polyester paper, melamine paper, wear-proof paper, 3D wood grain paper, as well as different kinds of environmentally friendly decorative papers. The Company competes with European decor paper producers such as Schattdecor and Arjowiggins.
(Values in U.S. Thousands) Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021
Sales 0 0 0 0 0
Sales Growth unch unch unch unch unch
Net Income -11,960 8,870 9,730 13,600 -12,940
Net Income Growth -234.84% -8.84% -28.46% +205.10% -2,437.26%
(Values in U.S. Thousands) Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021
Total Assets 321,880 320,610 320,320 320,520 321,420
Total Assets Growth +0.40% +0.09% -0.06% -0.28% +76,428.57%
Total Liabilities 360,470 345,790 353,990 363,920 378,440
Total Liabilities Growth +4.25% -2.32% -2.73% -3.84% +40,592.43%
(Values in U.S. Thousands) Sep, 2022 Jun, 2022 Mar, 2022 Dec, 2021 Sep, 2021
Operating Cash Flow -1,430 0 0 -3,000 -1,770
Operating Cash Flow Growth unch unch +100.00% -69.49% unch
Net Cash Flow -60 -60 -60 60 790
Change in Net Cash Flow unch unch -200.00% -92.41% unch
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