XML 16 R6.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flow from operating activities:    
Net income $ 118,069 $ 284,505
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of plant and equipment 5,794 5,798
Change in operating assets and liabilities:    
Accounts receivable 0 (543,639)
Deferred tax liabilities (974) (3,431)
Accounts payable 0 271,812
Accrued liabilities and other payables 10,651 14,456
Net cash provided by operating activities 133,540 29,501
Cash flows from financing activities:    
Amount due to a director 0 2,062
Net cash provided by financing activities 0 2,062
Foreign currency translation adjustment (9,119) (16,188)
Net change in cash and cash equivalents 115,302 15,375
BEGINNING OF PERIOD 832,151 31,380
END OF PERIOD 956,572 46,755
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 0 0
Cash paid for interest $ 0 $ 0