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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net profit $ 4,547,629 $ 7,287,683
Adjustments for:    
Intangible assets written off 15,451
Depreciation and amortization 82,627 25,907
Changes in:    
Accounts receivable 1,272,175 (3,679,285)
Other receivables 119,786 126,451
Advance to suppliers 351,794 (2,680,166)
Inventories (5,747,940) (80,789)
Deferred tax assets (160,423)
Accounts payable, other payables and accruals (294,831) (367,050)
Income tax payables (925,846) 1,456,149
Deferred revenue 87,474 77,643
Amount due from/to related parties (174,079) (879,830)
Net cash (used in) provided by operating activities (665,760) 1,126,290
Cash flows from investing activities:    
Additions to leasehold improvements and equipment (11,798) (12,009)
Additions to intangible assets (4,125)
Cash acquired from business combination 47,909
Net cash (used in) provided by investing activities (15,923) 34,170
Effect of exchange rate changes on cash and cash equivalents (38,055) (28,967)
Net decrease in cash and cash equivalents (719,738) 1,131,493
Cash and cash equivalents at the beginning of period 1,190,465 61,517
Cash and cash equivalents at the end of the period $ 470,727 $ 1,193,010