XML 29 R11.htm IDEA: XBRL DOCUMENT v3.26.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment consisted of the following:

 

   December 31,   December 31, 
   2025   2024 
Permit of land use  $400,734   $391,836 
Building   9,305,653    9,099,045 
Plant, machinery and equipment   27,503,334    26,835,227 
Motor vehicle   271,278    265,255 
Office equipment   400,816    390,434 
Total   37,881,815    36,981,797 
Less: accumulated depreciation   (33,489,851)   (32,098,396)
Property, plant and equipment, net  $4,391,964   $4,883,401 

  

Depreciation is computed on a straight-line basis over the estimated useful lives of the assets as follows:

 

Asset

   Life - years 
Permit of land use   40 - 70 
Building   20 - 49 
Plant, machinery and equipment   5 - 10 
Motor vehicle   5 - 10 
Office equipment   3 - 5 

 

Depreciation relating to office equipment was included in general and administrative expenses, while all other depreciation was included in cost of revenue. Depreciation expense was $652,026 and $2,170,820 for the years ended December 31, 2025 and 2024, respectively.