v3.21.2

Segment Reporting (Tables) | 12 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Schedule of information by segment |
|  | For the Year Ended June 30, 2021 |
|  | Shipping Agency and Management Services |  |  | Freight Logistics Services |  |  | Container Trucking Services |  |  | Total |
Net revenues |  | $ | 206,845 |  |  | $ | 4,944,187 |  |  | $ | - |  |  | $ | 5,151,032 |
Cost of revenues |  | $ | 176,968 |  |  | $ | 4,797,427 |  |  | $ | - |  |  | $ | 4,974,394 |
Gross profit |  | $ | 29,878 |  |  | $ | 146,760 |  |  | $ | - |  |  | $ | 176,638 |
Depreciation and amortization |  | $ | 299,934 |  |  | $ | 36,300 |  |  | $ | - |  |  | $ | 336,234 |
Total capital expenditures |  | $ | 136,076 |  |  | $ | 407,954 |  |  | $ | - |  |  | $ | 544,030 |
Gross margin% |  |  | 14.4 | % |  |  | 3.0 | % |  |  | - | % |  |  | 3.4 | %
|  | For the Year Ended June 30, 2020 |
|  | Shipping Agency and Management Services |  |  | Freight Logistics Services |  |  | Container Trucking Services |  |  | Total |
Net revenues |  | $ | 2,105,651 |  |  | $ | 4,368,596 | * |  | $ | 61,709 |  |  | $ | 6,535,956 |
Cost of revenues |  | $ | 827,690 |  |  | $ | 2,795,859 | * |  | $ | 55,314 |  |  | $ | 3,678,863 |
Gross profit |  | $ | 1,277,961 |  |  | $ | 1,572,737 |  |  | $ | 6,395 |  |  | $ | 2,857,093 |
Depreciation and amortization |  | $ | 340,421 |  |  | $ | 7,684 |  |  | $ | 54,189 |  |  | $ | 402,294 |
Total capital expenditures |  | $ | 6,984 |  |  | $ | - |  |  | $ | - |  |  | $ | 6,984 |
Gross margin% |  |  | 60.7 | % |  |  | 36.0 | % |  |  | 10.4 | % |  |  | 43.7 | %
Schedule of segment reporting total assets |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |
Shipping Agency and Management Services |  | $ | 47,347,418 |  |  | $ | 2,531,074 |
Freight Logistic Services |  |  | 5,453,848 |  |  |  | 3,176,165 |
Container Trucking Services |  |  | 1,851 |  |  |  | 30,863 |
Total Assets |  | $ | 52,803,117 |  |  | $ | 5,738,102 |
Schedule of disaggregated information of revenues by geographic locations |
|  | For the Years Ended |
|  | June 30, |  |  | June 30, |
|  | 2021 |  |  | 2020 |
PRC |  |  | 4,921,022 |  |  |  | 4,368,596 |
U.S. |  |  | 230,010 |  |  |  | 2,167,360 |
Total revenues |  | $ | 5,151,032 |  |  | $ | 6,535,956 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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