Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of segment information

	For the Three Months ended March 31,
	2019			2018
Revenues:
Dyeing and finishing equipment	$	1,887,265		$	2,537,506
Sharing economy		3,789			31,021
		1,891,054			2,568,527
Depreciation:
Dyeing and finishing equipment		689,317			1,047,413
Sharing economy		4,426			4,327
		693,743			1,051,740
Interest expense
Dyeing and finishing equipment		41,998			30,452
Sharing economy		90,815			-
		132,813			30,452
Net loss
Dyeing and finishing equipment		(22,564,654	)		(2,570,941	)
Sharing economy		(1,612,786	)		(1,119,403	)
Discontinued segments		-			16,899
Other (a)		(871,302	)		(1,193,217	)
	$	(25,048,742	)	$	(4,866,662	)

	March 31, 2019		December 31, 2018
Identifiable long-lived tangible assets as of March 31, 2019 and December 31, 2018 by segment
Dyeing and finishing equipment	$	2,544,307	$	16,481,795
Sharing economy		52,295		56,762
Other (b)		5,149,601		5,024,863
	$	7,746,203	$	21,563,420

	March 31, 2019		December 31, 2018
Identifiable long-lived tangible assets as of March 31, 2019 and December 31, 2018 by geographical location
China	$	7,693,908	$	21,506,658
Hong Kong		52,295		56,762
United States		-		-
	$	7,746,203	$	21,563,420

(a) The Company does not allocate any general and administrative expense of its U.S. activities to its reportable segments, because these activities are managed at a corporate level.

(b) Represents amount of net tangible assets not in use and to be used by for new segment being developed.