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Segments (Tables)
6 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Summary of segment of the continuing operations
   Retail drugstores   Online Pharmacy   Drug wholesale   Herb
farming
   Total 
Revenue  $17,930,496   $5,347,012    7,565,037    -    30,842,545 
Cost of goods   12,326,579    4,744,725    6,758,489    -    23,829,793 
Gross profit  $5,603,917   $602,287    806,548    -    7,012,752 
Selling expenses   5,437,046    621,883    416,583    -    6,475,512 
General and administrative expenses   1,412,325    62,110    587,124    -    2,061,559 
Loss from operations  $(1,245,454)  $(81,706)   (197,159)   -    (1,524,319)
Depreciation and amortization  $491,356   $-    6,259    -    497,615 
Total capital expenditures  $149,049   $-         -    149,049 

 

   Retail drugstores   Online Pharmacy   Drug wholesale   Herb
farming
   Total 
Revenue  $18,001,273   $2,351,264    8,001,242    -    28,353,779 
Cost of goods   12,471,047    2,032,464    7,156,904    -    21,660,415 
Gross profit  $5,530,226   $318,800    844,338    -    6,693,364 
Selling expenses   5,395,626    462,154    628,068    -    6,485,848 
General and administrative expenses   1,259,535    60,476    503,924    -    1,823,935 
Loss from operations  $(1,124,935)  $(203,830)   (287,654)   -    (1,616,419)
Depreciation and amortization  $531,569   $-    22,852    -    554,421 
Total capital expenditures  $236,961   $-         -    236,961 

 

   Retail drugstores   Online Pharmacy   Drug wholesale   Herb
farming
   Total 
Revenue  $36,740,970   $10,259,846    14,896,041    -    61,896,857 
Cost of goods   24,728,761    8,973,136    13,201,989    -    46,903,886 
Gross profit  $12,012,209   $1,286,710    1,694,052    -    14,992,971 
Selling expenses   10,414,093    1,326,759    1,007,067    -    12,747,919 
General and administrative expenses   

2,540,408

    121,121    1,520,196    -    

4,181,725

 
Loss from operations  $(942,292)  $(161,170)   (833,211)   -    (1,936,673)
Depreciation and amortization  $1,241,854   $-    16,301    -    1,258,155 
Total capital expenditures  $318,856   $-         -    318,856 

 

   Retail
drugstores
   Online
pharmacy
   Drug
wholesale
   Herb
farming
   Total 
Revenue  $34,736,261   $4,794,869    14,103,433         53,634,563 
Cost of goods   24,153,768    4,129,314    12,596,679         40,879,761 
Gross profit  $10,582,493   $665,555    1,506,754         12,754,802 
Selling expenses   10,231,292    935,534    1,287,573         12,454,399 
General and administrative expenses   2,993,239    115,599    1,566,709         4,675,547 
Loss from operations  $(2,642,038)  $(385,578)   (1,347,528)        (4,375,144)
Depreciation and amortization  $1,036,032   $-    31,338         1,067,370 
Total capital expenditures  $990,134   $-              990,134

 

Summary of net revenue from external customers through its retail drugstores by main products
   Three months ended
September 30,
   Six months ended
September 30,
 
   2020   2019   2020   2019 
Prescription drugs  $5,982,706   $6,022,934   $13,389,480   $11,718,220 
OTC drugs   7,617,159    7,463,201    14,435,643    14,703,429 
Nutritional supplements   1,664,265    1,676,974    3,012,034    2,908,107 
TCM   1,054,378    1,954,500    2,003,390    3,058,550 
Sundry products   338,112    290,750    760,663    588,948 
Medical devices   1,273,876    592,914    3,139,760    1,759,007 
Total  $17,930,496   $18,001,273   $36,740,970   $34,736,261 

 

   Three months ended
September 30,
   Six months ended
September 30,
 
   2020   2019   2020   2019 
Prescription drugs  $1,758,516   $-   $3,628,159   $- 
OTC drugs   1,983,034    1,126,655    3,305,845    2,151,257 
Nutritional supplements   208,062    136,513    429,093    243,707 
TCM   72,349    21,969    95,548    35,650 
Sundry products   411,494    374,457    958,214    813,193 
Medical devices   913,557    691,670    1,842,987    1,551,062 
Total  $5,347,012   $2,351,264   $10,259,846   $4,794,869 

 

   Three months ended
September 30,
   Six months ended
September 30,
 
   2020   2019   2020   2019 
Prescription drugs  $5,850,267   $6,816,035   $11,816,415   $11,696,526 
OTC drugs   1,563,344    1,048,542    2,478,490    2,122,803 
Nutritional supplements   27,104    35,048    86,945    56,739 
TCM   78,333    81,130    107,300    179,958 
Sundry products   18,760    5,338    21,357    11,020 
Medical devices   27,229    15,149    385,534    36,387 
Total  $7,565,037   $8,001,242   $14,896,041   $14,103,433