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CHINA GEWANG BIOTECHNOLOGY, INC. - Statements of Cash Flows - USD ($)
6 Months Ended
May. 31, 2015
May. 31, 2014
Cash flows from Operating Activities    
Net income $ 708,917 $ 320,366
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 13,915 12,925
Changes in operating assets and liabilities:    
(Increase) in accounts receivable (222,905)  
(Increase) in inventory (46,444) (13,520)
(Increase) in prepaid expenses (35,401) (82,483)
(Decrease) increase in advances from customers (56,930) 8,643
(Decrease) in accounts payable (7,225)  
Increase in taxes payable 13,908 29,486
Increase in payroll payable 48,990  
Increase in accrued liabilities and other payables 26,063 328
Net cash provided by operating activities 442,888 275,745
Cash flows from investing activities:    
Purchase of equipment (24,550)  
Cash Flows From Financing Activities:    
Proceeds from stockholder loans 38,106  
Effect of exchange rate changes on cash 5,558 (17,205)
Net change in cash 462,002 258,540
Cash, Beginning of Period 3,012,812 2,289,218
Cash, End of Period $ 3,474,814 $ 2,547,758
Supplemental Disclosures of Cash Flow Information:    
Cash paid for interest    
Cash paid income taxes $ 229,218 $ 79,124
Noncash financing activities:    
Payment of accrued expenses and other payables by shareholder $ 40,797