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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 2,164,137 $ 1,019,437
Restricted cash 94,659 272,991
Notes receivable 84,276 461,292
Accounts receivable, net of allowance for doubtful accounts 5,182,436 9,092,709
Inventories, net of reserve for obsolete inventories 6,654,292 4,553,559
Advances to suppliers 939,852 2,023,779
Receivable from sale of subsidiary 2,900,521 2,950,442
Prepaid license fee - related party, net 975,000
Prepaid expenses and other 9,709,576 2,144,624
Assets of discontinued operations 286,202 407,510
Total current assets 28,990,951 22,926,343
OTHER ASSETS:    
Equity method investment 8,760,320 9,053,859
Property and equipment, net 30,678,245 33,181,119
Intangible assets, net 6,548,477 5,394,296
Total other assets 45,987,042 47,629,274
Total assets 74,977,993 70,555,617
CURRENT LIABILITIES:    
Short-term bank loans 2,039,429 2,074,529
Bank acceptance notes payable 151,069 422,589
Convertible note payable 598,826 670,000
Accounts payable 2,863,435 2,798,590
Accrued expenses 278,052 165,749
Advances from customers 2,371,390 2,454,375
Due to related parties 1,222,002 347,589
Income taxes payable 62,408 63,483
Liabilities of discontinued operations 252,021 389,633
Total current liabilities 9,838,632 9,386,537
Total liabilities 9,838,632 9,386,537
Commitments and contingencies (see Note 17)
STOCKHOLDERS' EQUITY:    
Preferred stock ($0.001 par value; 10,000,000 shares authorized; No shares issued and outstanding at June 30, 2018 and December 31, 2017)
Common stock ($0.001 par value; 12,500,000 shares authorized; 6,037,791 and 2,527,720 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively) 6,038 2,528
Additional paid-in capital 55,597,267 40,241,172
Retained earnings 3,041,539 13,624,729
Statutory reserve 2,352,592 2,352,592
Accumulated other comprehensive income - foreign currency translation adjustment 4,021,436 4,923,829
Total Sharing Economy International Inc. stockholder's equity 65,018,872 61,144,850
Non-controlling interest 120,489 24,230
Total stockholders' equity 65,139,361 61,169,080
Total liabilities and stockholders' equity $ 74,977,993 $ 70,555,617