XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 50,397 $ 369,607
Accounts receivable - related party 67,339 0
Inventory 305,161 127,335
Other receivable 36,015 33,251
Advance to suppliers 96,703 20,007
Prepaid expenses 26,047 50,753
Total Current Assets 581,662 600,953
Property, plant and equipment, net 2,451,217 2,538,580
Intangible assets - net 672,178 726,043
Deposits 1,330 6,052
Total Assets 3,706,387 3,871,628
Current Liabilities    
Accounts payable 63,568 160,625
Accrued expenses 200,197 124,714
Customer deposits 143,556 31,314
Customer deposits - related party 1,085 0
Taxes payable 124,775 92,122
Other payable 141,461 313,806
Other payable - related party 2,705,938 2,900,912
Loan payable 162,423 0
Total current liabilities 3,543,003 3,623,493
Total liabilities 3,543,003 3,623,493
Equity    
Convertible preferred shares: $0.0001 par value, 50,000,000 shares authorized, 974,730 series A issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 98 98
Common stock: $0.001 par value, 900,000,000 shares authorized, 9,894,214 shares issued and outstanding as of December 31, 2018 and December 31, 2017, respectively 9,894 9,894
Additional paid-in capital 1,162,328 1,162,328
Accumulated foreign currency exchange loss (57,332) (36,581)
Accumulated deficit (1,331,207) (1,179,676)
Total YBCC, Inc. stockholders' equity (216,219) (43,937)
Non-controlling interest 379,603 292,072
Total equity 163,384 248,135
Total liabilities and equity $ 3,706,387 $ 3,871,628