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CHINA GEWANG BIOTECHNOLOGY, INC. - Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Income Statement    
REVENUE $ 1,218,098 $ 960,862
Cost of goods sold (342,608) (262,358)
Gross profit 875,490 698,504
OPERATING EXPENSES:    
Selling and marketing 270,671 153,968
General and administrative 136,961 57,023
TOTAL OPERATING EXPENSES 407,632 210,991
Operating income 467,858 487,513
Other income:    
Interest income 4,768 2,440
Other non-operating income 1,488  
Total other income 6,256 2,440
Income before provision for income taxes 474,114 489,953
Provision for income taxes 123,416 122,987
Net income before noncontrolling interests 350,698 366,966
Noncontrolling interest (18,512) (18,448)
Net income attributable to common stockholders $ 332,186 $ 348,518
Earnings per common share $ 0.01 $ 0.01
Weighted average shares outstanding 51,170,330 35,500,000
Comprehensive income (loss):    
Net income before noncontrolling interests $ 350,698 $ 366,966
Foreign currency translation adjustment (186,413) (20,177)
Comprehensive (loss) income 145,773 348,789
Comprehensive (loss) income attributable to noncontrolling interests (9,193) (17,439)
Net comprehensive (loss) income attributable to common stockholders $ 136,580 $ 329,350