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Segmental and Revenue Analysis | 12 Months Ended
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Dec. 31, 2017
Segmental and Revenue Analysis [Abstract] |
SEGMENTAL AND REVENUE ANALYSIS | Note 12 – SEGMENTAL AND REVENUE ANALYSIS The Company is solely engaged in the business of manufacturing and selling of pet food. Since the nature, the production processes and the marketing channel of the products are substantially similar, the Company is considered as operating in a single reportable segment with revenues derived from multiple product lines, marketing channels and countries. Certain entity-wide disclosures relating to revenues for the years ended December 31, 2017, 2016 and 2015 are as follows: The net revenues generated from different marketing channels consist of the following:
|  | For the Years Ended |
|  | December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Overseas sales |  | $ | 21,190,063 |  |  | $ | 18,882,589 |  |  | $ | 13,987,822 |
Domestic sales |  |  | 2,086,462 |  |  |  | 1,129,133 |  |  |  | 701,425 |
Electronic commerce |  |  | 5,734,121 |  |  |  | 4,461,504 |  |  |  | 1,645,765 |
Less: Sale tax and addition |  |  | (31,135 | ) |  |  | (29,490 | ) |  |  | (22,738 | )
Total net revenues |  | $ | 28,979,511 |  |  | $ | 24,443,736 |  |  | $ | 16,312,274 |
The net revenues generated from different product lines are set forth as following:
|  | For the Years Ended |
|  | December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
Pet chews |  | $ | 9,614,426 |  |  | $ | 10,316,841 |  |  | $ | 6,581,597 |
Dried pet snacks |  |  | 14,851,868 |  |  |  | 11,204,517 |  |  |  | 7,902,104 |
Wet canned pet food |  |  | 3,035,196 |  |  |  | 1,926,455 |  |  |  | 1,444,143 |
Dental health snacks |  |  | 856,875 |  |  |  | 606,648 |  |  |  | 321,711 |
Baked pet biscuits |  |  | 8,226 |  |  |  | 123,898 |  |  |  | 85,457 |
Others |  |  | 644,055 |  |  |  | 294,867 |  |  |  | - |
Less: Sale tax and addition |  |  | (31,135 | ) |  |  | (29,490 | ) |  |  | (22,738 | )
Total net revenues |  | $ | 28,979,511 |  |  | $ | 24,443,736 |  |  | $ | 16,312,274 |
The net revenues generated from different countries are set forth as following:
|  | For the Years Ended |
|  | December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
South Korea |  | $ | 5,397,982 |  |  | $ | 5,299,721 |  |  | $ | 4,689,733 |
China |  |  | 6,553,715 |  |  |  | 5,073,272 |  |  |  | 2,347,190 |
United Kingdom |  |  | 3,213,303 |  |  |  | 3,227,619 |  |  |  | 289,228 |
Germany |  |  | 3,585,535 |  |  |  | 3,204,314 |  |  |  | 3,309,266 |
Other countries |  |  | 10,260,111 |  |  |  | 7,668,300 |  |  |  | 5,699,595 |
Less: Sale tax and addition |  |  | (31,135 | ) |  |  | (29,490 | ) |  |  | (22,738 | )
Total net revenues |  | $ | 28,979,511 |  |  | $ | 24,443,736 |  |  | $ | 16,312,274 |
“Other countries” are comprised of all countries whose revenues, individually, were less than 10% of the Company’s total revenues. All of the Company’s long-lived assets are located in the PRC.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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