XML 1033 R6.htm IDEA: XBRL DOCUMENT v3.21.2
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2019
Dec. 31, 2020
Cash Flows from Operating Activities:        
Net Income $ 3,904,385 $ 1,307,126 $ (417,407) $ 2,675,037
Adjustment to reconcile net income to cash flows from operating activities:        
Amortization of intangible asset 7,807 0 0 11,696
Changes in Operating Assets and Liabilities:        
Trade Receivables 0   0 (2,489,993)
Trade receivables, related party 0 (478,679) 0 0
Trade receivables, third party (4,031,797) (549,365) 0 0
Note receivable (609,770) 0 0 0
Other receivables 766,002 (275,629) 0 (258,282)
Prepayments (2,750,419) (206,845) 0 (41,141)
Amount due to related parties 252,000 (1,560,020) 254,515 0
Intangible asset 0 (76,980) 0 (58,480)
Accounts payables 218,232 0 0 0
Accrued expenses 56,445 187,839 32,000 220,658
Right of use assets 411,515 (2,824,106) 0 (2,684,330)
Lease liabilities (422,999) 2,878,801 0 2,902,151
Other payables (610,232) 555,248 0 48,524
Trade payable 0 0 0 7,802
Tax payables 0 0 0 828,695
Net Cash Used in Operating Activities: (2,808,831) (1,042,610) (130,892) 1,162,337
Cash flow from investing activity:        
Office equipment (138,124) 0 0 0
Net cash provided by investing activity: (138,124) 0    
Cash flow from financing activities:        
Proceeds from issuance of common stock 0 0 222,020 835,500
Share issued for cash 0 835,500 0 0
Share to be issued 0 0 5,000,000 0
Note receivable 0 0 0 (2,957,622)
Related party loan 0 0 1,500,000 (1,560,020)
Net cash provided by financing activities: 0 835,500 6,722,020 (3,682,142)
Effect of exchange rate changes on cash (298,623) 403,517 0 569,280
Change in Cash and Cash Equivalents: (3,245,578) 196,407 6,591,128 (1,950,525)
Cash and Cash Equivalents, Beginning of Period 4,640,603 6,591,128 0 6,591,128
Cash and Cash Equivalents, End of Period 1,395,025 6,787,535 6,591,128 4,640,603
Supplemental Cash Flow Information:        
Cash paid for interest 0 0 0 0
Cash paid for taxes $ 1,078,125 $ 0 $ 0 $ 1,162,556