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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Statement of Cash Flows [Abstract]      
Net income $ 778,037 $ 3,423,542 $ 3,206,267
Depreciation and amortization 55,243 20,182 8,582
Provision for doubtful accounts (13,931) 11,474 32,717
Amortization of right-of-use asset 40,286  
Provision for credit losses 309,024 305,128 61,277
Imputed interest expense 724,338 762,113 35,812
Loss from disposal of assets 4,082
Changes in assets and liabilities      
(Increase) decrease in accounts receivable 8,958 37,809 (25,367)
(Increase) decrease in accounts receivable – related party 1,092,111 (488,494) (299,062)
(Increase) decrease in inventories (103,928) 73,001 104,986
(Increase) decrease in loans to related parties (6,129,775) (4,982,838) (37,917)
(Increase) decrease in due from related parties (185,084)
(Increase) decrease in other current assets (1,949,313) 10,435 (164,659)
(Increase) decrease in other non-current assets (553,867)  
(Decrease) increase in accrued and other liabilities 507,206 22,843 (15,540)
(Decrease) increase in account payable 14,720 (10,306)  
(Decrease) increase in accounts payable – related party (62,511) 91,841 1,422
(Decrease) increase in taxes payable 23,271 1,474,958 992,328
(Decrease) increase in contract liability (7,437) 20,370 (4,925)
(Decrease) increase in contract liability – related party (476,008) (256,761) (4,978,756)
(Decrease) increase in operating lease liabilities (144,998)  
(Decrease) increase in deferred income 1,258,439  
Net cash generated by (used in) operating activities (4,811,137) 515,297 (1,082,855)
Cash flows from investing activities      
Purchase of fixed assets (306,576) (26,778) (7,087)
Purchase of intangible assets (3,004) (15,964)
Acquisition of investment (1,175,726)  
Refund of security deposits 490 12,854
Net cash generated by (used in) investing activities (1,485,306) (26,288) (10,197)
Cash flows from financing activities      
Proceeds from owner’s injection of capital 38,916 9,046 224,946
Stock proceeds for cash 12,809,240
Proceeds from (Repayment to) related party (173,102) 161,191
Net cash provided by (used in) financing activities 12,848,156 (164,056) 386,137
Net increase (decrease) of cash and cash equivalents 6,551,713 324,953 (706,915)
Effect of foreign currency translation on cash and cash equivalents 56,690 (2,675) (5,314)
Cash, cash equivalents, and restricted cash – beginning of period 764,492 442,214 1,154,443
Cash, cash equivalents, and restricted cash – end of period 7,372,895 764,492 442,214
Supplementary cash flow information:      
Interest received 5,734 390 11,895
Interest paid 3,880 1,765
Income taxes paid $ 295,729