10-K Filing

DH ENCHANTMENT, INC. CIK: 1300781 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001683168-22-004668`
Period End Date	20220331
Filing Date	20220629
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	dh_i10k-033122_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 42 Cash Flow Statement 32 Stockholders Equity 15

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.40K	USD	Point-in-time
Preferred stock value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.77K	USD	Point-in-time
Preferred stock value per share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$1.59K	USD	Point-in-time
Account receivable	`AccountsReceivableNetCurrent`	$5.62K	USD	Point-in-time
Prepayments and other receivables	`OtherReceivables`	$4.42K	USD	Point-in-time
Prepayments and other receivables	`OtherReceivables`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$74.36K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$121.43K	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$74.36K	USD	Point-in-time
Common stock value per share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$121.43K	USD	Point-in-time
Common stock authorized	`CommonStockSharesAuthorized`	4.40B	shares	Point-in-time
Common stock authorized	`CommonStockSharesAuthorized`	4.40B	shares	Point-in-time
Common stock shares Outstanding	`CommonStockSharesOutstanding`	831.31M	shares	Point-in-time
Common stock shares Outstanding	`CommonStockSharesOutstanding`	511.31M	shares	Point-in-time
Accrued liabilities and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$1.78K	USD	Point-in-time
Accrued liabilities and other payables	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$54.78K	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	831.31M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	511.31M	shares	Point-in-time
Accrued marketing expense	`AccruedLiabilitiesCurrent`	-	USD	Point-in-time
Accrued marketing expense	`AccruedLiabilitiesCurrent`	$226.37K	USD	Point-in-time
Amount due to a director	`DueToAffiliateCurrent`	$64.36K	USD	Point-in-time
Amount due to a director	`DueToAffiliateCurrent`	$63.89K	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Note payable, related party	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	$133.56K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$479.07K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.67K	USD	Point-in-time
Promissory notes, related parties	`NotesPayableRelatedPartiesNoncurrent`	$76.58K	USD	Point-in-time
Promissory notes, related parties	`NotesPayableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	-	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$76.58K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$65.67K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$555.65K	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value; 4,400,000,000 shares authorized; 831,310,013 and 511,309,161 shares issued and outstanding as of March 31, 2022 and 2021, respectively	`CommonStockValue`	$831.31K	USD	Point-in-time
Common stock, $0.001 par value; 4,400,000,000 shares authorized; 831,310,013 and 511,309,161 shares issued and outstanding as of March 31, 2022 and 2021, respectively	`CommonStockValue`	$511.31K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.00	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$64.00	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-510.55K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.27M	USD	Point-in-time
Stockholders (deficit) equity	`StockholdersEquity`	-	USD	Point-in-time
Stockholders (deficit) equity	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Stockholders (deficit) equity	`StockholdersEquity`	$8.69K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$74.36K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY	`LiabilitiesAndStockholdersEquity`	$121.43K	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenue, net	`Revenues`	$211.55K	USD	Annual
Revenue, net	`Revenues`	$548.57K	USD	Annual
Cost of revenue	`CostOfRevenue`	$165.96K	USD	Annual
Cost of revenue	`CostOfRevenue`	$439.34K	USD	Annual
Gross profit	`GrossProfit`	$109.23K	USD	Annual
Gross profit	`GrossProfit`	$45.59K	USD	Annual
Sale and marketing expense	`SellingAndMarketingExpense`	-	USD	Annual
Sale and marketing expense	`SellingAndMarketingExpense`	$226.37K	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$36.83K	USD	Annual
General and administrative expense	`GeneralAndAdministrativeExpense`	$47.54K	USD	Annual
Professional fee	`ProfessionalAndContractServicesExpense`	$269.46K	USD	Annual
Professional fee	`ProfessionalAndContractServicesExpense`	$64.00	USD	Annual
Total operating expenses	`OperatingExpenses`	$36.89K	USD	Annual
Total operating expenses	`OperatingExpenses`	$543.37K	USD	Annual
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$-434.14K	USD	Annual
(LOSS) INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$8.70K	USD	Annual
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	-	USD	Annual
Foreign exchange gain	`UnrealizedGainOnForeignCurrencyDerivativesBeforeTax`	$91.00	USD	Annual
Interest income	`IncomeTaxExaminationInterestExpense`	-	USD	Annual
Interest income	`IncomeTaxExaminationInterestExpense`	$-1.00	USD	Annual
Interest expenses, related parties	`InterestExpenseRelatedParty`	$8.94K	USD	Annual
Interest expenses, related parties	`InterestExpenseRelatedParty`	-	USD	Annual
Total expense, net	`InterestIncomeExpenseNet`	-	USD	Annual
Total expense, net	`InterestIncomeExpenseNet`	$-8.84K	USD	Annual
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-442.98K	USD	Annual
(LOSS) INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.70K	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	Annual
NET (LOSS) INCOME	`NetIncomeLoss`	$8.70K	USD	Annual
NET (LOSS) INCOME	`NetIncomeLoss`	$-442.98K	USD	Annual
Foreign currency adjustment gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$74.00	USD	Annual
Foreign currency adjustment gain (loss)	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00	USD	Annual
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$-442.91K	USD	Annual
COMPREHENSIVE (LOSS) INCOME	`ComprehensiveIncomeNetOfTax`	$8.69K	USD	Annual
Basic	`EarningsPerShareBasic`	-	USD	Annual
Basic	`EarningsPerShareBasic`	$-0.01	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	Annual
Diluted	`EarningsPerShareDiluted`	-	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	750.65M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	511.31M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	750.65M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.31M	shares	Annual

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$8.70K	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-442.98K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.03K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.59K	USD	Annual
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	-	USD	Annual
Prepayments and other receivables	`IncreaseDecreaseInOtherReceivables`	$4.42K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$1.78K	USD	Annual
Accrued liabilities and other payables	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$279.36K	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-172.06K	USD	Annual
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.89K	USD	Annual
Advance from a director	`AdvanceFromDirector`	$478.00	USD	Annual
Advance from a director	`AdvanceFromDirector`	$63.89K	USD	Annual
Proceeds from note payable, related party	`ProceedsFromNotesPayable`	$133.56K	USD	Annual
Proceeds from note payable, related party	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from promissory notes, related parties	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from promissory notes, related parties	`ProceedsFromIssuanceOfLongTermDebt`	$77.05K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$211.09K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$63.89K	USD	Annual
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-10.00	USD	Annual
Foreign currency translation adjustment	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-394.00	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$38.63K	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$72.77K	USD	Annual
BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.40K	USD	Point-in-time
END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.77K	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual
Cash paid for interest	`InterestPaid`	-	USD	Annual

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	-	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time
Conversion of preferred stock	`ConversionOfPreferredStock`	-	USD	Annual
Fractional shares from reverse split	`FractionalSharesFromReverseSplit`	-	USD	Annual
Shares issued for acquisition of legal acquirer	`StockIssuedDuringPeriodValueAcquisitions`	-	USD	Annual
Recapitalization of legal acquirer	`RecapitalizationOfLegalAcquirer`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$74.00	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax`	$-10.00	USD	Annual
Net loss for the year	`NetIncomeLoss`	$8.70K	USD	Annual
Net loss for the year	`NetIncomeLoss`	$-442.98K	USD	Annual
Fractional shares from reverse split shares	`FractionalSharesFromReverseSplitShares`	852.00	shares	Annual
Ending balance, value	`StockholdersEquity`	-	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-434.22K	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$8.69K	USD	Point-in-time

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