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Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Summarized Financial Information

The Company had no inter-segment sales for the periods presented. Summarized financial information concerning the Company’s reportable segments is shown as below:

 

(a) By Categories

 

    For the year ended December 31, 2019  
    Real estate business     Service business     Corporate     Total  
                         
Revenues   $ 283,221     $ 4,201,601     $ -     $ 4,484,822  
Cost of revenues     (185,486 )     (1,191,301 )     -       (1,376,787 )
Depreciation and amortization     32,419       217,317       16,013       265,749  
Net income (loss)     (5,027 )     (705,375 )     (639,076 )     (1,349,478 )
                                 
Total assets     2,445,824       6,277,271       161,358       8,884,453  
Capital expenditures for long-lived assets   $ -     $ 4,912     $ 701     $ 5,613  

 

    For the year ended December 31, 2018  
    Real estate business     Service business     Corporate     Total  
                         
Revenues   $ 1,532,612     $ 2,680,748     $ -     $ 4,213,360  
Cost of revenues     (1,082,401 )     (859,033 )     (139,750)       (2,081,184 )
Depreciation and amortization     -       217,492       16,448       233,940  
Net income (loss)     406,614       (3,313,294 )     (5,418,483 )     (8,325,163 )
                                 
Total assets     2,631,509       6,317,841       1,114,604       10,063,954  
Capital expenditures for long-lived assets   $ -     $ 44,987     $ 254,210     $ 299,197  

 

(b) By Geography*

 

    For the year ended December 31, 2019        
    Hong Kong     Malaysia     China     Total  
                         
Revenues   $ 3,363,067     $ 514,165     $ 607,590     $ 4,484,822  
Cost of revenues     (1,100,326 )     (211,470 )     (64,991 )     (1,376,787 )
Depreciation and amortization     111,149       34,948       119,652       265,749  
Net income (loss)     (1,072,544 )     34,291       (311,225 )     (1,349,478 )
                                 
Total assets     4,400,010       1,155,602       3,328,841       8,884,453  
Capital expenditures for long-lived assets   $ 701     $ -     $ 4,912     $ 5,613  

 

    For the year ended December 31, 2018        
    Hong Kong     Malaysia     China     Total  
                         
Revenues   $ 3,271,745     $ 661,008     $ 280,607     $ 4,213,360  
Cost of revenues     (1,804,592 )     (255,387 )     (21,205 )     (2,081,184 )
Depreciation and amortization     100,668       1,920       131,352       233,940  
Net income (loss)     (7,556,343 )     (64,770)       (704,050 )     (8,325,163 )
                                 
Total assets     5,577,046       1,111,218       3,375,690       10,063,954  
Capital expenditures for long-lived assets   $ 255,278     $ 6,396     $ 37,523     $ 299,197  

 

*Revenues and costs are attributed to countries based on the location of customers.