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Inventories, net

9 Months Ended

Sep. 30, 2019

Inventories, net

Inventories, net

7. Inventories, net

Inventories, net consist of the following:

		As of
		December 31, 2018				September 30, 2019
		RMB				RMB
Products			44,678,983				49,182,983
Packing materials and others			219,961				177,520
Inventories			44,898,944				49,360,503
Inventory valuation allowance			(868,860	)			(1,095,054	)
Inventories, net			44,030,084				48,265,449

X

- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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