10-K Filing

SHARING ECONOMY INTERNATIONAL INC. CIK: 819926 FY 2015

Filing Information

Form Type	10-K
Accession Number	`0001213900-16-012046`
Period End Date	20151231
Filing Date	20160330
Fiscal Year	2015
Fiscal Period	FY
XBRL Instance	cws-20151231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 56 Cash Flow Statement 80 Stockholders Equity 15

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$488.72K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$647.08K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$114.03K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Notes receivable	`NotesAndLoansReceivableNetCurrent`	$132.50K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$20.32M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$15.82M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.86M	shares	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$1.83M	USD	Point-in-time
Inventories, net of reserve for obsolete inventories	`InventoryNet`	$4.24M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.94M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.86M	shares	Point-in-time
Advances to suppliers	`Supplies`	$1.04M	USD	Point-in-time
Advances to suppliers	`Supplies`	$565.58K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	3.94M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$220.90K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$375.74K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$992.05K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$153.26K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$39.47M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$34.09M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$69.63M	USD	Point-in-time
PROPERTY AND EQUIPMENT, net	`PropertyPlantAndEquipmentNet`	$51.75M	USD	Point-in-time
Equipment held for sale	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	-	USD	Point-in-time
Equipment held for sale	`DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment`	$422.54K	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.38M	USD	Point-in-time
Land use rights, net	`FiniteLivedIntangibleAssetsNet`	$3.67M	USD	Point-in-time
Total Assets	`Assets`	$94.61M	USD	Point-in-time
Total Assets	`Assets`	$107.81M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.08M	USD	Point-in-time
Short-term bank loans	`ShortTermBankLoansAndNotesPayable`	$3.10M	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$647.08K	USD	Point-in-time
Bank acceptance notes payable	`NotesPayableToBankCurrent`	$488.72K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.49M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.36M	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$433.05K	USD	Point-in-time
Advances from customers	`CustomerAdvancesCurrent`	$495.46K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$269.28K	USD	Point-in-time
VAT and service taxes payable	`TaxesPayableCurrent`	$500.57K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$531.12K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$259.99K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.49M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$14.54M	USD	Point-in-time
Total Liabilities	`Liabilities`	$14.54M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.49M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at December 31, 2015 and 2014)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.001 par value; 10,000,000 shares authorized; 0 share issued and outstanding at December 31, 2015 and 2014)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,943,986 and 3,859,986 shares issued and outstanding at December 31, 2015 and 2014, respectively)	`CommonStockValue`	$3.94K	USD	Point-in-time
Common stock ($0.001 par value; 50,000,000 shares authorized; 3,943,986 and 3,859,986 shares issued and outstanding at December 31, 2015 and 2014, respectively)	`CommonStockValue`	$3.86K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.52M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.04M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$37.01M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.56M	USD	Point-in-time
Statutory reserve	`StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired`	$3.29M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$5.70M	USD	Point-in-time
Accumulated other comprehensive income - foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$10.47M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$97.32M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$80.07M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$91.48M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$107.81M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$94.61M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
REVENUES	`Revenues`	$75.96M	USD	Annual
REVENUES	`Revenues`	$49.57M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$42.22M	USD	Annual
COST OF REVENUES	`CostOfRevenue`	$58.22M	USD	Annual
GROSS PROFIT	`GrossProfit`	$17.74M	USD	Annual
GROSS PROFIT	`GrossProfit`	$7.35M	USD	Annual
Depreciation	`DepreciationNonproduction`	$829.03K	USD	Annual
Depreciation	`DepreciationNonproduction`	$721.45K	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.78M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.67M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$2.06M	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$521.93K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$98.78K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$116.06K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$7.02M	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$3.80M	USD	Annual
Loss from sales contract dispute	`GainLossFromSalesContractDispute`	$5.81M	USD	Annual
Loss from sales contract dispute	`GainLossFromSalesContractDispute`	-	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$8.83M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$18.60M	USD	Annual
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-11.25M	USD	Annual
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.91M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$18.13K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$40.03K	USD	Annual
Interest expense	`InterestExpense`	$235.37K	USD	Annual
Interest expense	`InterestExpense`	$238.23K	USD	Annual
Grant income	`RevenueFromGrants`	-	USD	Annual
Grant income	`RevenueFromGrants`	$34.84K	USD	Annual
Foreign currency transaction (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$9.00	USD	Annual
Foreign currency transaction (loss) gain	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	$-1.26K	USD	Annual
Rental income, net	`RentalIncomeNonoperating`	$101.54K	USD	Annual
Rental income, net	`RentalIncomeNonoperating`	-	USD	Annual
Other income	`OtherNonoperatingIncome`	$15.71K	USD	Annual
Other income	`OtherNonoperatingIncome`	-	USD	Annual
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-82.46K	USD	Annual
Total Other Income (Expense), net	`NonoperatingIncomeExpense`	$-179.63K	USD	Annual
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.43M	USD	Annual
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.83M	USD	Annual
INCOME TAXES	`IncomeTaxExpenseBenefit`	$1.34M	USD	Annual
INCOME TAXES	`IncomeTaxExpenseBenefit`	$4.56M	USD	Annual
NET (LOSS) INCOME	`NetIncomeLoss`	$-12.77M	USD	Annual
NET (LOSS) INCOME	`NetIncomeLoss`	$4.27M	USD	Annual
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$4.27M	USD	Annual
NET (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-12.77M	USD	Annual
Unrealized foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.77M	USD	Annual
Unrealized foreign currency translation loss	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-408.39K	USD	Annual
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.86M	USD	Annual
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.54M	USD	Annual
Basic	`EarningsPerShareBasic`	$-3.24	USD	Annual
Basic	`EarningsPerShareBasic`	$1.15	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-3.24	USD	Annual
Diluted	`EarningsPerShareDiluted`	$1.15	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.72M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.94M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.94M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.72M	shares	Annual

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-12.77M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$4.27M	USD	Annual
Depreciation	`Depreciation`	$8.13M	USD	Annual
Depreciation	`Depreciation`	$8.47M	USD	Annual
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$96.23K	USD	Annual
Amortization of land use rights	`AmortizationOfIntangibleAssets`	$95.08K	USD	Annual
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.06M	USD	Annual
Increase in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$521.93K	USD	Annual
Increase in reserve for obsolete inventories	`IncreaseDecreaseInObsoleteInventories`	$962.03K	USD	Annual
Increase in reserve for obsolete inventories	`IncreaseDecreaseInObsoleteInventories`	-	USD	Annual
Increase in allowance for deferred tax assets	`ValuationAllowanceDeferredTaxAssetChangeInAmount`	$-2.17M	USD	Annual
Increase in allowance for deferred tax assets	`ValuationAllowanceDeferredTaxAssetChangeInAmount`	-	USD	Annual
Loss from impairment of equipment held for sale	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-3.80M	USD	Annual
Loss from impairment of equipment held for sale	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$-417.17K	USD	Annual
Loss from impairment of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-6.60M	USD	Annual
Loss from impairment of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	Annual
Loss from sales contract dispute	`GainLossFromSalesContractDispute`	$5.81M	USD	Annual
Loss from sales contract dispute	`GainLossFromSalesContractDispute`	-	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$375.99K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$285.56K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$-586.01K	USD	Annual
Notes receivable	`IncreaseDecreaseInNotesReceivableCurrent`	$25.73K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.48M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.67M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-470.51K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-1.32M	USD	Annual
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$-486.69K	USD	Annual
Prepaid value-added taxes on purchases	`IncreaseDecreaseInPrepaidExpense`	$93.28K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$94.72K	USD	Annual
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$790.83K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$-126.39K	USD	Annual
Advances to suppliers	`IncreaseDecreaseInDeferredCharges`	$526.14K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-140.37K	USD	Annual
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.08M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-872.18K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-624.20K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$164.47K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-226.92K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$374.51K	USD	Annual
VAT and service taxes payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-213.09K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-252.96K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.08M	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-37.09K	USD	Annual
Advances from customers	`IncreaseDecreaseInCustomerAdvances`	$-952.88K	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$11.73M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$12.16M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.46K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.06M	USD	Annual
Refund of previously purchased property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.99M	USD	Annual
Refund of previously purchased property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-12.46K	USD	Annual
NET CASH USED IN INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-7.07M	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$3.91M	USD	Annual
Proceeds from bank loans	`ProceedsFromOtherShortTermDebt`	$4.50M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$4.34M	USD	Annual
Repayments of bank loans	`RepaymentsOfOtherShortTermDebt`	$3.91M	USD	Annual
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-193.00K	USD	Annual
(Increase) decrease in restricted cash	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$195.34K	USD	Annual
Increase (decrease) in bank acceptance notes payable	`RepaymentsOfBankDebt`	$195.34K	USD	Annual
Increase (decrease) in bank acceptance notes payable	`RepaymentsOfBankDebt`	$-193.00K	USD	Annual
Net proceeds from sale of common stock - related parties	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Net proceeds from sale of common stock - related parties	`ProceedsFromIssuanceOfCommonStock`	$1.62M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$160.84K	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$1.62M	USD	Annual
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-925.08K	USD	Annual
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.34K	USD	Annual
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.72M	USD	Annual
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$10.95M	USD	Annual
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$18.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - end of year	`CashAndCashEquivalentsAtCarryingValue`	$7.84M	USD	Point-in-time
Interest	`InterestPaid`	$238.23K	USD	Annual
Interest	`InterestPaid`	$235.37K	USD	Annual
Income taxes	`IncomeTaxesPaid`	$2.28M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$4.55M	USD	Annual
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	$256.08K	USD	Annual
Property and equipment acquired on credit as payable	`IncreaseInPropertyInExchangeForIncreaseInPayable`	-	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$97.32M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$80.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$91.48M	USD	Point-in-time
Sale of common stock - related parties	`StockIssuedDuringPeriodValueNewIssues`	$1.62M	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$285.56K	USD	Annual
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$362.21K	USD	Annual
Adjustment to statutory reserve	`StockholdersEquityOther`	-	USD	Annual
Adjustment to statutory reserve	`StockholdersEquityOther`	-	USD	Annual
Net income (loss) for the year	`NetIncomeLoss`	$-12.77M	USD	Annual
Net income (loss) for the year	`NetIncomeLoss`	$4.27M	USD	Annual
Foreign currency translation adjustment	`AdjustmentsToForeignCurrencyTranslation`	$-4.77M	USD	Annual
Foreign currency translation adjustment	`AdjustmentsToForeignCurrencyTranslation`	$-408.39K	USD	Annual
Ending balance	`StockholdersEquity`	$97.32M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$80.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$91.48M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.