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Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of Summarized Financial Information

Summarized financial information concerning the Company’s reportable segments is shown as below:

 

(a) By Categories

 

    For the six months ended June 30, 2020 (Unaudited)  
    Real estate
business
    Service
business
    Corporate     Total  
                         
Revenues   $ 55,508     $ 1,162,173     $ -     $ 1,217,681  
Cost of revenues     26,241       200,444       -       226,685  
Depreciation and amortization     75,148       48,515       5,095       128,758  
Net income (loss)     10,497       (508,569 )     (307,658 )     (805,730 )
                                 
Total assets     2,466,329       4,936,420       4,123,285       11,526,034  
Capital expenditures for long-lived assets   $ -     $ 2,042     $ 4,000,000     $ 4,002,042  

 

    For the six months ended June 30, 2019 (Unaudited)  
    Real estate
business
    Service
business
    Corporate     Total  
                         
Revenues   $ 51,920     $ 2,111,842     $ -     $ 2,163,762  
Cost of revenues     (23,752 )     (692,690 )     (85,500 )     (801,942 )
Depreciation and amortization     16,248       99,211       8,347       123,806  
Net loss     (36,865 )     (349,987 )     (240,265 )     (627,117 )
                                 
Total assets     2,586,843       6,433,183       265,058       9,285,084  
Capital expenditures for long-lived assets   $ -     $ 1,073     $ -     $ 1,073  

 

(b) By Geography*

 

    For the six months ended June 30, 2020 (Unaudited)  
    Hong Kong     Malaysia     China     Total  
                         
Revenues   $ 911,473     $ 231,254     $ 74,954     $ 1,217,681  
Cost of revenues     131,956       93,736       993       226,685  
Depreciation and amortization     52,665       17,079       59,014       128,758  
Net loss     (474,989 )     (75,760 )     (254,981 )     (805,730 )
                                 
Total assets     7,679,172       910,594       2,936,268       11,526,034  
Capital expenditures for long-lived assets   $ 4,000,000     $ 2,042     $ -     $ 4,002,042  

 

    For the six months ended June 30, 2019 (Unaudited)  
    Hong Kong     Malaysia     China     Total  
                         
Revenues   $ 1,840,903     $ 243,999     $ 78,860     $ 2,163,762  
Cost of revenues     (706,885 )     (95,057 )     -       (801,942 )
Depreciation and amortization     45,163       17,517       61,126       123,806  
Net income (loss)     (254,671 )     5,886       (378,332 )     (627,117 )
                                 
Total assets     4,696,976       1,162,242       3,425,866       9,285,084  
Capital expenditures for long-lived assets   $ -     $ -     $ 1,073     $ 1,073  

 

*Revenues and costs are attributed to countries based on the location where the entities operate.