XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME    
Sales $ 3,376,684 $ 1,204,553
Sales-related parties 304,800 0
Sales revenue net 3,681,484 1,204,553
Cost of sales 2,145,418 231,170
Gross profit 1,536,066 973,383
Operating expenses    
Selling, general & administrative expenses 815,111 854,212
Total operating expenses 815,111 854,212
Profit/(Loss) from operations 720,955 119,171
Other income (expenses)    
Interest expense (17,142) (24,033)
Total other income (expenses) (17,142) (24,033)
Net profit/(loss) before income taxes 703,813 95,138
Provision for income taxes (205,271) 0
Net profit/(loss) 498,542 95,138
Less: Net profit/(loss) attributable to non-controlling interest 122,827 42,102
Net profit/(loss) attributable to Umatrin Holding Limited 375,714 53,036
Other comprehensive profit/(loss), net of tax    
Foreign currency translation adjustment 19,870 6,192
Comprehensive profit/(loss) 518,412 88,947
Comprehensive profit/(loss) attributable to the non-controlling interest 126,801 40,864
Comprehensive profit/(loss) attributable to Umatrin Holding Limited $ 391,611 $ 48,083
Loss per common share - basic and diluted $ 0.00 $ 0.00
Weighted average number of shares outstanding - basic and diluted 182,444,266 182,444,266