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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,942,643) $ (1,366,321)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 365,733 146,106
Non-cash financial cost 878,228 1,884,984
Investment income 330,000 (218,750)
Fair value gain or loss 397,398 (1,566,592)
Loss on debts extinguishment 697,318
Gain on bargain purchase (975)
Loss from sale of property and equipment 43,081
Loss on disposal of subsidiary 334,135
Changes in operating assets and liabilities    
Accounts receivable 489,599 (202,150)
Inventories (137,062) 35,155
Advances to suppliers (50,236) (816,464)
Other receivables (74,993) (76,100)
Accounts payables (280,124) (12,460)
Accrued expenses and other payables 134,732 (65,645)
Advances from customers 41,150 (17,592)
Net cash provided by (used in) operating activities 528,998 (1,579,486)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment and intangible assets (107,432) (5,274)
Cash decreased in disposal of subsidiary (8,219)
Net cash used in investing activities (115,651) (5,274)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related party borrowings 151,574 1,960,902
Repayment of related party borrowings (273,632) (3,112,467)
Release of restricted cash 3,850,000
Proceeds from bank borrowings 695,343
Repayment of bank borrowings (683,638)
Cash advance to related parties (2,962,753)
Repayment from related parties 2,010,740
Proceeds from issue of ordinary shares 646,800
Net cash provided by (used in) financing activities (415,566) 2,698,435
NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH (2,219) 1,113,675
Effect of exchange rate changes on cash and cash equivalents (3,422) 67,889
Cash and restricted cash, beginning of the period 816,186 562,711
CASH AND RESTRICTED CASH, END OF THE PERIOD 810,545 1,744,275
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 26,731
Cash paid during the period for income tax 1,546 4,501
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for operating lease obligations $ 1,233,672 $ 19,512,400