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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (loss) $ (132,017) $ 2,375,632
Depreciation and amortization 1,482,474 1,120,652
Loss on written off of property, plant and equipment 11,178
Gain on disposal of property, plant and equipment (8,178)
Loss on written off of intangible asset 6,275
Change in fair value of marketable securities (365,026) 568,990
Interest expenses 6,082
Gain on company owned life insurance policies (1,106,958)
Changes in operating assets and liabilities:    
Accounts receivable (2,018) (32)
Income tax recoverable 439,331 (1,072,527)
Prepaid expenses (470,721) 26,221
Inventories (299,412) 888,033
Other current assets (182,333) 179,344
Long-term prepaid expenses (23,241)
Deferred tax asset 164,108
Accounts payable (3,513,357) 3,489,220
Accrued expenses and other current payables 539,697 (3,928)
Deposit receipt 100,611
Income tax payable 282,158
Deferred income (1,398,006) 2,589,542
Due to related parties (29,485)
Due to director 431,173
Other current liabilities (360,390) (21,611)
Net cash provided by (used in) operating activities (4,953,889) 10,665,370
CASH FLOWS FROM INVESTING ACTIVITIES    
Collection of short-term loan receivable 408,905
Purchase of property, plant and equipment (224,865)
Proceeds from disposal of property, plant and equipment 8,178
Purchase of intangible assets (24,989) (593,662)
Proceeds from sale of securities 87,333
Payment towards company-owned life insurance policies (442,744)
Proceeds from company-owned life insurance policies 1,460,173
Reorganization of the Company 26,000
Disposal of subsidiary (79,876)
Net cash provided by (used in) investing activities 1,192,115 (567,662)
CASH FLOWS FROM FINANCING ACTIVITIES    
Interest expense paid (6,082)
Repayment of capital lease obligation (12,113) (9,146)
Short-term loan (395,848)
Proceeds from related parties 185,525
Repayment to related parties and director (58,723)
Net cash provided by (used in) financing activities 114,689 (411,076)
Net effect of exchange rate changes on cash 1,107,692 (175,575)
Net increase (decrease) in cash (2,539,393) 9,511,057
Cash and cash equivalents - beginning of year 22,737,755 13,226,698
Cash and cash equivalents - end of year 20,198,362 22,737,755
NON-CASH INVESTING AND FINANCING TRANSACTIONS    
Equipment obtained in connection with capital lease 84,675
Liabilities assumed in connection with purchase of intangible asset 59,714
Operating expense paid by related parties and director 405,835
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid
Income taxes paid $ 1,908 $ 553,889