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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income $ 391,851 $ 389,596
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 18,691 12,664
Changes in assets and liabilities    
Increase in accounts receivables (1,148,224) (747,300)
(Increase)/Decrease in other receivables and prepayments (203,156) 81,362
Increase in related party receivables 30,262 558,180
Decrease in other assets 10,639
(Decrease)/Increase in accounts payables (26,588) 26,192
Increase in taxes payable 331,582 277,846
Increase in accrued liabilities and other current liabilities (59,537) 195,744
Net cash (used in)/provided by operating activities (679,244) 804,923
Cash flows from investing activities    
Acquisition of investments (1,965,362)
Increase in related party receivables (1,424) (495,264)
Purchase of equipment (3,483)
Increase in rent and utility deposits 31,753
Net cash used in investing activities (1,938,516) (495,264)
Cash flows from financing activities    
Proceeds from issuance of ordinary shares 7,731,271
Capital contribution from owners 139,644
Repayment of capital lease (8,146)
Increase/(Decrease) in related party payable 20,001 (158,528)
Net cash provided by/(used in) financing activities 7,890,916 (166,674)
Net increase/(decrease) of cash and cash equivalents 5,273,157 142,985
Effect of foreign currency translation on cash and cash equivalents 51,064 (5,108)
Cash and cash equivalents - beginning of year 3,222,361 2,480
Cash and cash equivalents - end of year 8,546,582 140,357
Supplemental cash flow disclosures    
Interest received 49,583 68,976
Interest paid 11,477
Income taxes paid $ 207,196