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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net profit/(loss) including noncontrolling interest $ 179,556 $ 500,344
Adjustment to reconcile net profit/(loss) from operations:    
Depreciation expense 24,039 21,448
Changes in Operating Assets and Liabilities    
Inventory (36,271) (111,478)
Prepaid tax (48,725) (6,110)
Accounts receivables and deposits (4,153) 0
Deferred tax assets 0 0
Accounts payable and accrued expenses (167,379) 51,677
Income tax payable 0 0
Other payables 3,500 3,500
Advance from customers 0 0
Net cash provided by (used in) operating activities (49,433) 459,381
Cash flows from investing activity    
Purchase of property and equipment 0 (2,654)
Advances received from/(made to) related parties 0 0
Net cash used in investing activity 0 (2,654)
Cash flows from financing activities    
Proceeds from common stock issued and to be issued 0 0
Proceeds/(Repayment) to related party, net 105,320 (412,329)
Proceeds/(Repayments) from loan, net (43,337) (74,331)
Net cash (provided by) used in financing activities 61,983 (486,661)
Effect of exchange rate changes (761) 503
Net increase (decrease) in cash and cash equivalents 11,789 (29,431)
Cash and cash equivalents at beginning of period 50,459 171,678
Cash and cash equivalents at end of period 62,248 142,247
Supplemental disclosures of cash flow information    
Interest paid 3,604 6,111
Income taxes (refund)/paid $ 48,725 $ 6,110