Segments (Tables)

9 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summary of segment of the continuing operations

Retail drugstores			Online Pharmacy			Drug wholesale		Herb farming		Total
Revenue	$	21,575,965		$	3,965,023		7,822,294		-		33,363,282
Cost of goods		15,388,580			3,639,995		7,051,335		-		26,079,910
Gross profit	$	6,187,385		$	325,028		770,959		-		7,283,372
Selling expenses		4,836,140			507,393		332,867		-		5,676,400
General and administrative expenses		1,403,350			61,193		(410,483	)	-		1,054,060	*
Income (Loss) from operations	$	(52,105	)	$	(243,558	)	848,575		-		552,912
Depreciation and amortization	$	459,184		$	-		36,402		-		495,586
Total capital expenditures	$	277,480		$	-				-		277,480

* The Company negotiated with certain customers and collected certain aged accounts receivable after making its collection efforts and reversed the allowance made on these accounts.

	Retail drugstores			Online Pharmacy			Drug wholesale			Herb farming		Total
Revenue	$	20,867,250		$	2,493,205			7,556,094			-		30,916,549
Cost of goods		14,903,761			2,232,994			6,644,008			-		23,780,763
Gross profit	$	5,963,489		$	260,211			912,086			-		7,135,786
Selling expenses		4,819,081			438,235			1,431,261			-		6,688,577
General and administrative expenses		1,443,634			47,703			1,081,525			-		2,572,862
Income(Loss) from operations	$	(299,226	)	$	(225,727	)		(1,600,700	)		-		(2,125,653	)
Depreciation and amortization	$	449,893		$	-			433			-		450,326
Total capital expenditures	$	6,415,414		$	-			314			-		6,415,728

	Retail drugstores			Online pharmacy			Drug wholesale			Herb farming		Total
Revenue	$	56,312,226		$	8,759,892			21,925,727			-		86,997,845
Cost of goods		39,542,348			7,769,309			19,648,014			-		66,959,671
Gross profit	$	16,769,878		$	990,583			2,277,713			-		20,038,174
Selling expenses		15,067,432			1,442,927			1,620,440			-		18,130,799
General and administrative expenses		4,396,589			176,792			1,156,226			-		5,729,607	*
Income (Loss) from operations	$	(2,694,143	)	$	(629,136	)		(498,953	)		-		(3,822,232	)
Depreciation and amortization	$	1,495,216		$	-			67,740			-		1,562,956
Total capital expenditures	$	1,267,614		$	-			-			-		1,267,614

	Retail drugstores			Online pharmacy			Drug wholesale			Herb farming		Total
Revenue	$	54,971,889		$	6,637,922			19,488,350			-		81,098,161
Cost of goods		39,344,927			5,883,301			17,320,243			-		62,548,471
Gross profit	$	15,626,962		$	754,621			2,168,107			-		18,549,690
Selling expenses		12,453,077			1,316,945			2,769,056			-		16539,078
General and administrative expenses		4,644,077			292,544			1,406,081			-		6,342,874	*
Income (Loss) from operations	$	(1,470,364	)	$	(854,868	)		(2,007,030	)		-		(4,332,262	)
Depreciation and amortization	$	980,845		$	-			7,446			-		988,291
Total capital expenditures	$	6,789,129		$	-			1,437			-		6,790,566

Summary of net revenue from external customers through its retail drugstores by main products

	Three months ended December 31,				Nine months ended December 31,
	2019		2018		2019		2018
Prescription drugs	$	7,496,469	$	6,756,073	$	19,214,689	$	17,835,700
OTC drugs		10,260,883		9,393,148		24,964,312		24,018,263
Nutritional supplements		1,602,407		1,869,351		4,510,514		4,750,013
TCM		1,416,126		1,342,768		4,474,676		4,615,033
Sundry products		188,484		248,729		777,432		799,554
Medical devices		611,597		1,257,180		2,370,604		2,953,326
Total	$	21,575,966	$	20,867,249	$	56,312,227	$	54,971,889

	Three months ended December 31,				Nine months ended December 31,
	2019		2018		2019		2018
Prescription drugs	$	-	$	-	$	-	$	-
OTC drugs		1,981,871		837,126		4,133,128		2,412,057
Nutritional supplements		245,249		220,776		488,956		575,862
TCM		42,331		28,785		77,981		54,417
Sundry products		729,179		573,993		1,542,372		2,128,282
Medical devices		966,393		832,526		2,517,455		1,467,304
Total	$	3,965,023	$	2,493,206	$	8,759,892	$	6,637,922

	Three months ended December 31,				Nine months ended December 31,
	2019		2018		2019		2018
Prescription drugs	$	6,358,031	$	3,933,441	$	18,054,557	$	11,708,683
OTC drugs		1,310,927		3,341,676		3,433,730		7,246,356
Nutritional supplements		47,736		167,069		104,475		240,666
TCM		67,507		77,216		247,465		156,525
Sundry products		19,789		5,949		30,809		21,479
Medical devices		18,303		30,743		54,690		114,641
Total	$	7,822,293	$	7,556,094	$	21,925,726	$	19,488,350