XML 58 R47.htm IDEA: XBRL DOCUMENT v3.24.3
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Gross Profit Reportable Segment Three months ended September 30, 2024
   Supply
Chain
Financing/
Trading		   Asset
management
service		   Others   Total 
Reportable segment revenue  $428,875   $3,710,415   $1,036,164   $5,175,454 
Inter-segment loss   
-
    
-
    
-
    
-
 
Revenue from external customers   428,875    3,710,415    1,036,164    5,175,454 
Segment gross profit  $36,776   $960,290   $516,978   $1,514,044 
Three months ended September 30, 2023
   Supply
Chain
Financing/
Trading		   Asset
management
service		   Others   Total 
Reportable segment revenue  $19,991,243   $3,272,585   $473,675   $23,737,503 
Inter-segment loss   
-
    
-
    
-
    
-
 
Revenue from external customers   19,991,243    3,272,585    473,675    23,737,503 
Segment gross profit  $59,050   $1,139,039   $213,489   $1,411,578 

 

Nine months ended September 30, 2024
   Supply
Chain
Financing/
Trading		   Asset
management
service		   Others   Total 
Reportable segment revenue  $935,313   $11,875,338   $1,690,658   $14,501,309 
Inter-segment loss   
-
    
-
    
-
    
-
 
Revenue from external customers   935,313    11,875,338    1,690,658    14,501,309 
Segment gross profit  $142,878   $3,935,458   $981,104   $5,059,440 
Nine months ended September 30, 2023
   Supply
Chain
Financing/
Trading		   Asset
management
service		   Others   Total 
Reportable segment revenue  $20,472,036   $9,690,714   $660,453   $30,823,203 
Inter-segment loss   
-
    
-
    
-
    
-
 
Revenue from external customers   20,472,036    9,690,714    660,453    30,823,203 
Segment gross profit  $234,550   $3,320,498   $300,621   $3,855,669 
Schedule of Loss Before Income Tax Loss before Income Tax:
   Three Months Ended
September 30,		   Nine Months Ended
September 30,		 
   2024   2023   2024   2023 
Supply chain financing/trading  $3,476,679   $(39,448)  $3,100,299   $28,975 
Asset management service   1,145,304    1,061,837    4,186,169    2,745,994 
Others   823,083    (409,926)   3,239,413    175,803 
Corporate and Unallocated   1,000,519    3,179,731    5,233,172    6,901,295 
Total operating expenses and other expenses   6,445,585    3,792,194    15,759,053    9,852,067 
Loss before Income Tax  $(4,931,541)  $(2,380,616)  $(10,699,613)  $(5,996,398)
Segment assets:
   September 30,
2024		   December 31,
2023		 
Supply chain financing/trading   14,598,742    12,437,136 
Asset management service   3,729,931    3,640,811 
Others   24,735,769    23,831,103 
Corporate and Unallocated   10,335,293    21,007,542 
Assets related to discontinued operation   
-
    24,158 
Total assets   53,399,735    60,940,750