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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 103,868 $ 12,778
Accounts receivable, net 7,706,262 4,090,887
Inventories 262,682 446,630
Prepayments 354,813 1,491,102
Other receivables, net 47,653 102,733
Total Current Assets 8,475,278 6,144,130
Property, plant and equipment, net 15,094,080 14,927,323
Intangible assets, net 3,104,839 3,213,130
Other assets and deposits 40,021 74,268
Deferred tax asset 19,348 454,751
Total Assets 26,733,566 24,813,602
Current Liabilities:    
Short-term loans 150,515
Current portion of long-term loans 5,373,859 5,453,435
Accounts payable and accruals 5,162,993 4,469,392
Accounts payable - related party 116,340
Advances from customers 250,158 211,114
Income taxes payable 497,251 430,181
Other payables 2,394,832 816,724
Due to related parties 1,009,325 1,615,547
Total Current Liabilities 14,688,418 13,263,248
Long-term loans 1,855,294 3,454,543
Total Liabilities 16,543,712 16,717,791
Stockholders' Equity:    
Series A Preferred Stock, $0.0001 par value, 30,000,000 shares authorized, 19,000,000 and 0 shares issued and outstanding as of December 31, 2019 and 2018, respectively. 1,900
Common stock, $0.0001 par value, 500,000,000 shares authorized, 37,341,954 and 56,341,718 shares issued and outstanding as of December 31, 2019 and 2018, respectively. 3,734 5,634
Additional paid in capital 19,398,854 19,398,854
Accumulated deficit (9,571,836) (11,773,401)
Accumulated other comprehensive loss 233,288 344,187
Stockholders' Equity (Deficit) - Muliang Agritech, Inc. and Subsidiaries 10,065,940 7,975,274
Noncontrolling interest 123,914 120,537
Total Stockholders' Equity (Deficit) 10,189,854 8,095,811
Total Liabilities and Stockholders' Equity $ 26,733,566 $ 24,813,602