10-Q Filing

SUNRISE REAL ESTATE GROUP INC CIK: 1083490 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144204-12-064733`
Period End Date	20120930
Filing Date	20121126
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	srre-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 68 Cash Flow Statement 85

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Restricted cash (Note 3)	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.34M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	28.69M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	28.69M	shares	Point-in-time
Restricted cash (Note 3)	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.35M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.28M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.69M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.69M	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.14M	USD	Point-in-time
Promissory deposits (Note 4)	`DepositsAssetsCurrent`	$1.03M	USD	Point-in-time
Promissory deposits (Note 4)	`DepositsAssetsCurrent`	$3.54M	USD	Point-in-time
Amount due from related company (Note 12)	`DueFromRelatedPartiesCurrent`	$317.42K	USD	Point-in-time
Amount due from related company (Note 12)	`DueFromRelatedPartiesCurrent`	$2.00M	USD	Point-in-time
Inventory (Note 5)	`InventoryNet`	$12.54M	USD	Point-in-time
Inventory (Note 5)	`InventoryNet`	-	USD	Point-in-time
Other receivables and deposits (Note 6)	`OtherReceivablesAndDepositNetCurrent`	$863.81K	USD	Point-in-time
Other receivables and deposits (Note 6)	`OtherReceivablesAndDepositNetCurrent`	$1.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$20.42M	USD	Point-in-time
Property, plant and equipment - net (Note 7)	`PropertyPlantAndEquipmentNet`	$2.41M	USD	Point-in-time
Property, plant and equipment - net (Note 7)	`PropertyPlantAndEquipmentNet`	$9.47M	USD	Point-in-time
Investment properties (Note 8)	`RealEstateInvestmentPropertyNet`	$6.39M	USD	Point-in-time
Investment properties (Note 8)	`RealEstateInvestmentPropertyNet`	$6.92M	USD	Point-in-time
Long-term investment (Note 9)	`LongTermInvestment`	$3.60M	USD	Point-in-time
Long-term investment (Note 9)	`LongTermInvestment`	$4.25M	USD	Point-in-time
Total assets	`Assets`	$22.17M	USD	Point-in-time
Total assets	`Assets`	$39.87M	USD	Point-in-time
Bank loans (Note 10)	`LoansPayableToBankCurrent`	$11.11M	USD	Point-in-time
Bank loans (Note 10)	`LoansPayableToBankCurrent`	$11.04M	USD	Point-in-time
Promissory notes payable (Note 11)	`NotesPayableCurrent`	$1.73M	USD	Point-in-time
Promissory notes payable (Note 11)	`NotesPayableCurrent`	$2.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$481.74K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$257.87K	USD	Point-in-time
Amount due to directors (Note 12)	`DueToOfficersOrStockholdersCurrent`	$5.64M	USD	Point-in-time
Amount due to directors (Note 12)	`DueToOfficersOrStockholdersCurrent`	$5.19M	USD	Point-in-time
Amount due to related party (Note 12)	`DueToOtherRelatedPartiesClassifiedCurrent`	$87.29K	USD	Point-in-time
Amount due to related party (Note 12)	`DueToOtherRelatedPartiesClassifiedCurrent`	$86.74K	USD	Point-in-time
Other payables and accrued expenses (Note 13)	`AccruedLiabilitiesAndOtherLiabilities`	$3.49M	USD	Point-in-time
Other payables and accrued expenses (Note 13)	`AccruedLiabilitiesAndOtherLiabilities`	$6.04M	USD	Point-in-time
Other tax payable (Note 14)	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$69.40K	USD	Point-in-time
Other tax payable (Note 14)	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$9.45K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.56K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$224.32K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.37M	USD	Point-in-time
Long-term bank loans (Note 10)	`LongTermLoansFromBank`	-	USD	Point-in-time
Long-term bank loans (Note 10)	`LongTermLoansFromBank`	$6.43M	USD	Point-in-time
Long-term promissory notes payable	`LongTermNotesPayable`	-	USD	Point-in-time
Long-term promissory notes payable	`LongTermNotesPayable`	-	USD	Point-in-time
Deposits received from underwriting sales(Note 15)	`RetailLandSalesDepositMethodDepositReceived`	$2.54M	USD	Point-in-time
Deposits received from underwriting sales(Note 15)	`RetailLandSalesDepositMethodDepositReceived`	$3.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$25.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$34.44M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01 per share; 200,000,000 shares authorized; 28,691,925 shares issued and outstanding as of March 31, 2012 and December 31, 2011	`CommonStockValue`	$286.92K	USD	Point-in-time
Common stock, par value $0.01 per share; 200,000,000 shares authorized; 28,691,925 shares issued and outstanding as of March 31, 2012 and December 31, 2011	`CommonStockValue`	$286.92K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.57M	USD	Point-in-time
Statutory reserve (Note 17)	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$782.99K	USD	Point-in-time
Statutory reserve (Note 17)	`StatutoryAccountingPracticesRetainedEarningsNotAvailableForDividends`	$782.99K	USD	Point-in-time
Accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-10.41M	USD	Point-in-time
Accumulated losses	`RetainedEarningsAccumulatedDeficit`	$-13.28M	USD	Point-in-time
Non-controlling interests of consolidated subsidiaries	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$985.70K	USD	Point-in-time
Non-controlling interests of consolidated subsidiaries	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$12.64M	USD	Point-in-time
Accumulated other comprehensive income (Note 18)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$420.28K	USD	Point-in-time
Accumulated other comprehensive income (Note 18)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$489.46K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.43M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$-3.29M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$39.87M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$22.17M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net Revenues	`SalesRevenueNet`	$1.69M	USD	1 Quarter
Net Revenues	`SalesRevenueNet`	$6.56M	USD	3 Qtrs
Net Revenues	`SalesRevenueNet`	$1.83M	USD	1 Quarter
Net Revenues	`SalesRevenueNet`	$5.24M	USD	3 Qtrs
Cost of Revenues	`CostOfRevenue`	$-2.64M	USD	3 Qtrs
Cost of Revenues	`CostOfRevenue`	$-1.48M	USD	1 Quarter
Cost of Revenues	`CostOfRevenue`	$-4.77M	USD	3 Qtrs
Cost of Revenues	`CostOfRevenue`	$-766.87K	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.79M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$920.76K	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.60M	USD	3 Qtrs
Gross Profit	`GrossProfit`	$348.93K	USD	1 Quarter
Operating Expenses	`OperatingCostsAndExpenses`	$468.21K	USD	1 Quarter
Operating Expenses	`OperatingCostsAndExpenses`	$952.03K	USD	3 Qtrs
Operating Expenses	`OperatingCostsAndExpenses`	$1.08M	USD	3 Qtrs
Operating Expenses	`OperatingCostsAndExpenses`	$290.73K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$1.04M	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$3.17M	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$1.75M	USD	3 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$619.91K	USD	1 Quarter
Operating Profit/(Loss)	`OperatingIncomeLoss`	$-1.65M	USD	3 Qtrs
Operating Profit/(Loss)	`OperatingIncomeLoss`	$-913.55K	USD	3 Qtrs
Operating Profit/(Loss)	`OperatingIncomeLoss`	$-561.71K	USD	1 Quarter
Operating Profit/(Loss)	`OperatingIncomeLoss`	$-588.79K	USD	1 Quarter
Return (Loss) on Investment (Note 9)	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Return (Loss) on Investment (Note 9)	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Return (Loss) on Investment (Note 9)	`IncomeLossFromEquityMethodInvestments`	$-37.61K	USD	1 Quarter
Return (Loss) on Investment (Note 9)	`IncomeLossFromEquityMethodInvestments`	$-659.70K	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	$9.16K	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	$9.94K	USD	3 Qtrs
Interest Income	`InvestmentIncomeInterest`	$5.37K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	$2.52K	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$7.58K	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$394.75K	USD	3 Qtrs
Other Income, Net	`OtherNonoperatingIncomeExpense`	$-2.30M	USD	1 Quarter
Other Income, Net	`OtherNonoperatingIncomeExpense`	$2.26K	USD	3 Qtrs
Interest Expenses	`InterestExpense`	$-1.27M	USD	3 Qtrs
Interest Expenses	`InterestExpense`	$-289.98K	USD	1 Quarter
Interest Expenses	`InterestExpense`	$-310.94K	USD	1 Quarter
Interest Expenses	`InterestExpense`	$-971.73K	USD	3 Qtrs
Profit/(Loss) Before Income Tax and Non-controlling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.87M	USD	3 Qtrs
Profit/(Loss) Before Income Tax and Non-controlling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-862.55K	USD	1 Quarter
Profit/(Loss) Before Income Tax and Non-controlling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.21M	USD	1 Quarter
Profit/(Loss) Before Income Tax and Non-controlling Interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.18M	USD	3 Qtrs
Income Tax	`IncomeTaxExpenseBenefit`	$73.31K	USD	3 Qtrs
Income Tax	`IncomeTaxExpenseBenefit`	$-692.00	USD	1 Quarter
Income Tax	`IncomeTaxExpenseBenefit`	$-59.32K	USD	1 Quarter
Income Tax	`IncomeTaxExpenseBenefit`	$40.79K	USD	3 Qtrs
Profit/(Loss) Before Non-controlling Interest	`ProfitLoss`	$-3.22M	USD	3 Qtrs
Profit/(Loss) Before Non-controlling Interest	`ProfitLoss`	$-803.23K	USD	1 Quarter
Profit/(Loss) Before Non-controlling Interest	`ProfitLoss`	$-3.21M	USD	1 Quarter
Profit/(Loss) Before Non-controlling Interest	`ProfitLoss`	$-1.95M	USD	3 Qtrs
Non-controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$96.92K	USD	3 Qtrs
Non-controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-97.10K	USD	1 Quarter
Non-controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.84M	USD	1 Quarter
Non-controlling Interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-348.92K	USD	3 Qtrs
Net Profit/(Loss)	`NetIncomeLoss`	$-706.12K	USD	1 Quarter
Net Profit/(Loss)	`NetIncomeLoss`	$-2.87M	USD	3 Qtrs
Net Profit/(Loss)	`NetIncomeLoss`	$-2.04M	USD	3 Qtrs
Net Profit/(Loss)	`NetIncomeLoss`	$-1.37M	USD	1 Quarter
Profit/(Loss) Per Share - Basic and Fully Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	3 Qtrs
Profit/(Loss) Per Share - Basic and Fully Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Profit/(Loss) Per Share - Basic and Fully Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Profit/(Loss) Per Share - Basic and Fully Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
Weighted average common shares outstanding - Basic and Fully Diluted (in shares)	`WeightedAverageNumberBasicDilutedSharesOutstanding`	28.69M	shares	3 Qtrs
Weighted average common shares outstanding - Basic and Fully Diluted (in shares)	`WeightedAverageNumberBasicDilutedSharesOutstanding`	28.69M	shares	3 Qtrs
Weighted average common shares outstanding - Basic and Fully Diluted (in shares)	`WeightedAverageNumberBasicDilutedSharesOutstanding`	28.69M	shares	1 Quarter
Weighted average common shares outstanding - Basic and Fully Diluted (in shares)	`WeightedAverageNumberBasicDilutedSharesOutstanding`	28.69M	shares	1 Quarter

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net Profit/(Loss)	`NetIncomeLoss`	$-706.12K	USD	1 Quarter
Net Profit/(Loss)	`NetIncomeLoss`	$-2.87M	USD	3 Qtrs
Net Profit/(Loss)	`NetIncomeLoss`	$-2.04M	USD	3 Qtrs
Net Profit/(Loss)	`NetIncomeLoss`	$-1.37M	USD	1 Quarter
Depreciation of property, plant and equipment	`Depreciation`	$689.90K	USD	3 Qtrs
Depreciation of property, plant and equipment	`Depreciation`	$687.20K	USD	3 Qtrs
Loss/ (Gain) on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$14.17K	USD	3 Qtrs
Loss/ (Gain) on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.20K	USD	3 Qtrs
Loss on disposal of equity interest in subsidiary	`GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee`	$659.70K	USD	3 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$96.92K	USD	3 Qtrs
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-97.10K	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.84M	USD	1 Quarter
Non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-348.92K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-266.07K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-145.75K	USD	3 Qtrs
Promissory deposits	`IncreaseDecreaseInDepositOtherAssets`	$2.49M	USD	3 Qtrs
Promissory deposits	`IncreaseDecreaseInDepositOtherAssets`	$507.82K	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	-	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-12.55M	USD	3 Qtrs
Other receivables and deposits	`IncreaseDecreaseInOtherReceivablesAndDeposits`	$416.96K	USD	3 Qtrs
Other receivables and deposits	`IncreaseDecreaseInOtherReceivablesAndDeposits`	$-146.72K	USD	3 Qtrs
Amount due from related party	`IncreaseDecreaseInDueToRelatedParties`	$358.90K	USD	3 Qtrs
Amount due from related party	`IncreaseDecreaseInDueToRelatedParties`	$-1.68M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$-221.01K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInOtherAccountsPayable`	$11.81K	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-300.48K	USD	3 Qtrs
Other payables and accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-1.22M	USD	3 Qtrs
Deposit from underwriting sales	`IncreaseDecreaseInDepositFromUnderwritingSales`	$-535.63K	USD	3 Qtrs
Deposit from underwriting sales	`IncreaseDecreaseInDepositFromUnderwritingSales`	$-479.28K	USD	3 Qtrs
Interest payable on promissory notes	`IncreaseDecreaseInInterestPayableNet`	$286.41K	USD	3 Qtrs
Interest payable on promissory notes	`IncreaseDecreaseInInterestPayableNet`	$7.50K	USD	3 Qtrs
Interest payable on amount due to director	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	$407.33K	USD	3 Qtrs
Interest payable on amount due to director	`IncreaseDecreaseInDueToOfficersAndStockholdersCurrent`	-	USD	3 Qtrs
Deferred tax liabilities	`IncreaseDecreaseInDeferredTaxLiabilities`	-	USD	3 Qtrs
Deferred tax liabilities	`IncreaseDecreaseInDeferredTaxLiabilities`	-	USD	3 Qtrs
Other tax payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-59.57K	USD	3 Qtrs
Other tax payable	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-18.45K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-200.15K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-220.53K	USD	3 Qtrs
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.20M	USD	3 Qtrs
Net cash provided by/(used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-15.47M	USD	3 Qtrs
Long-term investment	`PaymentsToAcquireLongtermInvestments`	-	USD	3 Qtrs
Long-term investment	`PaymentsToAcquireLongtermInvestments`	$2.48M	USD	3 Qtrs
Funds provided for investee	`PaymentsForProceedsFromOtherInvestingActivities`	$566.54K	USD	3 Qtrs
Funds provided for investee	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.42M	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.20K	USD	3 Qtrs
Proceeds from disposal of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.38K	USD	3 Qtrs
Proceeds from disposal of plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Acquisition of investment	`PaymentsToAcquireInvestments`	$60.00K	USD	3 Qtrs
Acquisition of investment	`PaymentsToAcquireInvestments`	-	USD	3 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.05M	USD	3 Qtrs
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.48M	USD	3 Qtrs
Profit return to non-controlling interest in subsidiary	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Profit return to non-controlling interest in subsidiary	`PaymentsToMinorityShareholders`	$226.21K	USD	3 Qtrs
Funds received from capital increase	`ProceedsFromIssuanceOrSaleOfEquity`	$1.00M	USD	3 Qtrs
Funds received from capital increase	`ProceedsFromIssuanceOrSaleOfEquity`	$12.02M	USD	3 Qtrs
Bank loans repayment	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
Bank loans repayment	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
Bank loan obtained	`ProceedsFromBankDebt`	$6.44M	USD	3 Qtrs
Advance from directors	`ProceedsFromDirectorsAdvance`	$53.53K	USD	3 Qtrs
Repayment to director	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayment to director	`RepaymentsOfRelatedPartyDebt`	$40.80K	USD	3 Qtrs
Proceeds from promissory note	`ProceedsFromNotesPayable`	$2.01M	USD	3 Qtrs
Proceeds from promissory note	`ProceedsFromNotesPayable`	$416.13K	USD	3 Qtrs
Net cash provided by/ (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$18.93M	USD	3 Qtrs
Net cash provided by/ (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.74M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$110.20K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-131.20K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-153.24K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.41M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.67M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.43M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.67M	USD	Point-in-time
Income tax paid	`IncomeTaxesPaid`	$96.23K	USD	3 Qtrs
Income tax paid	`IncomeTaxesPaid`	$214.31K	USD	3 Qtrs
Interest paid	`InterestPaid`	$157.80K	USD	3 Qtrs
Interest paid	`InterestPaid`	$329.79K	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.