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v3.23.2

Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Schedule of Segment Gross Profit Reportable Segment | Segment profit represents the gross profit of each reportable segment.
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 3,255,065 |  |  | $ | 369,993 |  |  | $ | 183,933 |  |  | $ | 3,808,991 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 3,255,065 |  |  |  | 369,993 |  |  |  | 183,933 |  |  |  | 3,808,991 |
Segment gross profit |  | $ | 1,125,152 |  |  | $ | 69,644 |  |  | $ | 64,371 |  |  | $ | 1,259,167 |
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 3,696,433 |  |  | $ | 3,654,981 |  |  | $ | 66,863 |  |  | $ | 7,418,277 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 3,696,433 |  |  |  | 3,654,981 |  |  |  | 66,863 |  |  |  | 7,418,277 |
Segment gross profit |  | $ | 1,248,314 |  |  | $ | 60,255 |  |  | $ | 66,851 |  |  | $ | 1,375,420 |
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 6,418,129 |  |  | $ | 480,792 |  |  | $ | 304,035 |  |  | $ | 7,202,956 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 6,418,129 |  |  |  | 480,792 |  |  |  | 304,035 |  |  |  | 7,202,956 |
Segment gross profit |  | $ | 2,181,459 |  |  | $ | 175,500 |  |  | $ | 109,845 |  |  | $ | 2,466,804 |
|  | Asset management service |  |  | Supply chain financing/ trading |  |  | Others |  |  | Total |
Reportable segment revenue |  | $ | 7,152,808 |  |  | $ | 3,654,982 |  |  | $ | 76,852 |  |  | $ | 10,884,642 |
Inter-segment loss |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Revenue from external customers |  | $ | 7,152,808 |  |  |  | 3,654,982 |  |  |  | 76,852 |  |  |  | 10,884,642 |
Segment gross profit |  | $ | 3,026,301 |  |  | $ | 60,256 |  |  | $ | 76,840 |  |  | $ | 3,163,397 |
Schedule of Loss from Continuing Operations Before Income Tax | Loss before Income Tax:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Supply chain financing/trading |  | $ | (287,602 | ) |  | $ | 3,014 |  |  | $ | (68,423 | ) |  | $ | 102,131 |
Asset management service |  |  | 901,980 |  |  |  | 518,486 |  |  |  | 1,684,157 |  |  |  | 1,017,328 |
Others |  |  | (417,994 | ) |  |  | 199,025 |  |  |  | (403,423 | ) |  |  | 838,744 |
Corporate and Unallocated |  |  | 2,670,206 |  |  |  | 2,867,641 |  |  |  | 5,083,719 |  |  |  | 5,928,358 |
Total operating expenses and other expense |  |  | 2,866,590 |  |  |  | 3,588,166 |  |  |  | 6,296,030 |  |  |  | 7,886,561 |
Loss before Income Tax |  | $ | (1,607,423 | ) |  | $ | (2,212,746 | ) |  | $ | (3,829,226 | ) |  | $ | (4,723,164 | )
Schedule of Segment Assets | Segment assets:
|  | June 30, 2023 |  |  | December 31, 2022 |
Supply chain financing/trading |  | $ | 35,803,626 |  |  | $ | 26,487,090 |
Asset management service |  |  | 3,697,940 |  |  |  | 3,387,506 |
Others |  |  | 16,374,244 |  |  |  | 14,090,091 |
Corporate and Unallocated |  |  | 35,054,007 |  |  |  | 41,053,032 |
Total assets |  | $ | 90,929,817 |  |  | $ | 85,017,719 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References No definition available. + Details
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