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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Mar. 31, 2020
Accounting Policies [Abstract] |
Schedule of subsidiaries and its subsidiary's VIE |
Company |  | Date of establishment |  | Place of establishment |  | Percentage of legal ownership by Wah Fu |  | Principal activities
Subsidiaries: |  |  |  |  |  |  |  |
Wah Fu Holding |  | May 19, 2016 |  | Hong Kong, PRC |  | 100% |  | Holding Company
Distance Learning |  | December 23, 1999 |  | Mainland, PRC |  | 100 % |  | Provider of online education services and technological development and operation services
Shanghai Xin Fu |  | July 20, 2015 |  | Mainland, PRC |  | 100% |  | Inactive
Shanghai Xia Shu |  | April 29, 2016 |  | Mainland, PRC |  | 100% |  | Inactive
Hunan Huafu |  | June 15, 2015 |  | Mainland, PRC |  | 75% |  | Provider of online education services
Nanjing Suyun |  | March 8, 2017 |  | Mainland, PRC |  | 70% |  | Provider of online education services
Huaxia MOOC |  | March 15, 2017 |  | Mainland, PRC |  | 51% |  | Provider of online education services
Guizhou Huafu |  | April 25, 2017 |  | Mainland, PRC |  | 51% |  | Provider of online education services
Fuzhou Huafu |  | May 21, 2018 |  | Mainland, PRC |  | 65% |  | Provider of online education services
Liaoning Huafu |  | June 26, 2018 |  | Mainland, PRC |  | 70% |  | Provider of online education services
Guangxi Huafu |  | August 14, 2019 |  | Mainland, PRC |  | 55% |  | Inactive
Huafu Silu* |  | September 18, 2018 |  | Mainland, PRC |  | 51% |  | Inactive
Guangzhou Huafu |  | October 21, 2019 |  | Mainland, PRC |  | 60% |  | Inactive
Sichuan Huafu |  | November 8, 2019 |  | Mainland, PRC |  | 60% |  | Inactive
Variable interest entity |  |  |  |  |  |  |  |
Digital Information |  | September 14, 2000 |  | Mainland, PRC |  | Nil |  | Provider of technological development and operation service and holder of Internet Content Provider ("ICP") License
| * | Huafu Silu was dissolved on March 4, 2020.
Schedule of consolidated balance sheets |
As of March 31, 2020 |  |  | As of March 31, 2019 |
Current assets |  | $ | 149,289 |  |  | $ | 84,730 |
Non-current assets |  |  | 62,577 |  |  |  | 600,994 |
Total assets |  |  | 211,866 |  |  |  | 685,724 |
Current liabilities |  |  | 142,711 |  |  |  | 182,534 |
Intercompany payables* |  |  | 3,020,067 |  |  |  | 2,326,076 |
Total liabilities |  |  | 3,162,778 |  |  |  | 2,508,610 |
Net assets |  | $ | (2,950,912 | ) |  | $ | (1,822,886 | )
| * | Intercompany payables are eliminated upon consolidation.
Schedule of statements of comprehensive income |
|  | For the Years Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2018 |
Revenue* |  | $ | 309,380 |  |  | $ | 1,585,677 |  |  | $ | 822,349 |
Net loss |  | $ | (1,247,053 | ) |  | $ | (36,887 | ) |  | $ | (380,018 | )
| * | Intercompany sales are eliminated upon consolidation.
Schedule of statements of cash flows |
|  | For the Years Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2018 |
Net cash provided by operating activities* |  | $ | 100,016 |  |  | $ | 51,611 |  |  | $ | 6,812 |
Net cash used in investing activities |  |  | (1,477 | ) |  |  | (14,017 | ) |  |  | (7,384 | )
Effect of exchange rate fluctuation on cash |  |  | (4,103 | ) |  |  | (1,039 | ) |  |  | 1,458 |
Net increase in cash |  | $ | 94,436 |  |  | $ | 36,555 |  |  | $ | 886 |
| * | Intercompany operating activities are eliminated upon consolidation.
Schedule of estimated useful lives of property and equipment |
|  | Estimated useful lives
Buildings |  | 20 years
Electronic equipment |  | 4 - 5 years
Office equipment and furniture |  | 4 - 5 years
Motor vehicles |  | 4 - 5 years
Software |  | 5 years
Leasehold improvements |  | The shorter of the lease term and useful life
Summary of disaggregated revenue from contracts with customers by timing of revenue recognition |
|  | For the Years Ended |
|  | March 31, 2020 |  |  | March 31, 2019 |  |  | March 31, 2018 |
Services transferred at a point in time |  |  |  |  |  |  |  |  |
Revenue from Online Education Services |  | $ | 219,912 |  |  | $ | 126,665 |  |  | $ | 786,876 |
Revenue from Technological Development and Operation Services |  |  | 91,757 |  |  |  | 943,686 |  |  |  | 413,457 |
Services transferred over time |  |  |  |  |  |  |  |  |  |  |  |
Revenue from Online Education Services |  |  | 5,150,788 |  |  |  | 4,058,931 |  |  |  | 4,235,209 |
Revenue from Technological Development and Operation Services |  |  | 174,913 |  |  |  | 228,741 |  |  |  | 532,354 |
Total |  | $ | 5,637,370 |  |  | $ | 5,358,023 |  |  | $ | 5,967,896 |
Schedule of deferred revenue |
|  | As of |  |  | As of |
|  | March 31, 2020 |  |  | March 31, 2019 |
Beginning balance |  | $ | 620,332 |  |  | $ | 341,436 |
Ending balance |  |  | 1,524,918 |  |  |  | 620,332 |
Increase |  | $ | 904,586 |  |  | $ | 278,896 |

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