Inventories

12 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

INVENTORIES

Note 5 – INVENTORIES

Inventories consist of the following:

	December 31,
	2019			2018
Raw materials	$	126,563		$	132,185
Finished goods		444,175			439,908
Low value consumables		36,528			37,058
Total		607,266			609,151
Less: impairment loss		(106,997	)		(77,149	)
Inventory, net	$	500,269		$	532,002

Low value consumables represent low value and easily worn out items and are amortized on an equal-split amortization method. Pursuant to this method, half the value of the low value consumable is be amortized once used and the remaining half value is be amortized when disposed of.

During the years ended December 31, 2019 and 2018, the Company recognized $106,997 and $77,149, respectively, as impairment loss from inventory.