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Lease (Tables) | 12 Months Ended
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Dec. 31, 2020
Leases [Abstract] |
Schedule of right-of-use assets |
|  | Prepaid land lease payments |
Balance as of January 1, 2020 |  | $ | 7,194,195 |
Amortization charge for the year |  |  | (162,763 | )
Foreign exchange adjustment |  |  | (469,348 | )
Balance as of December 31, 2020 |  | $ | 7,500,780 |
Schedule of components of net investment in sales-type leases |
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2020 |
Total future minimum lease payments receivable |  | $ | - |  |  |  | 1,210,305 |
Less: unearned income, representing interest |  |  | - |  |  |  | (124,653 | )
Present value of minimum lease payments receivables |  |  | - |  |  |  | 1,085,652 |
Less: Current portion |  |  | - |  |  |  | (235,245 | )
Non-current portion |  | $ | - |  |  |  | 850,407 |
Schedule of future minimum lease payments receivable for sales type leases |
Fiscal years ending December |  | Total Minimum Lease Payments to be Received |  |  | Amortization of Unearned Income |  |  | Net Investment in Sales Type Leases |
2021 |  | $ | 299,850 |  |  | $ | 64,605 |  |  | $ | 235,245 |
2022 |  |  | 422,755 |  |  |  | 41,852 |  |  |  | 380,903 |
2023 |  |  | 422,755 |  |  |  | 17,654 |  |  |  | 405,101 |
2024 |  |  | 64,945 |  |  |  | 542 |  |  |  | 64,403 |
2025 |  |  | - |  |  |  | - |  |  |  | - |
Thereafter |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 1,210,305 |  |  |  | 124,653 |  |  |  | 1,085,652 |

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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121576215&loc=SL77919391-209981 + Details
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- Definition Tabular disclosure of aging analysis for net investment in sales-type lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447 + Details
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