v3.21.1

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Schedule of Sino-China's assets and liabilities

		March 31,				June 30,
		2021				2020
Current assets:
Cash		$	30,119			$	5,022
Total current assets			30,119				5,022
Deposits			1,734				1,608
Property and equipment, net			33,459				41,171
Total assets		$	65,312			$	47,801
Current liabilities:
Other payables and accrued liabilities		$	39,214			$	39,919
Total liabilities		$	39,214			$	39,919

Schedule of translation of foreign currency exchange rates

		March 31, 2021				June 30, 2020				Three months ended March 31,								Nine months ended March 31,
Foreign currency		Balance Sheet				Balance Sheet				2021 Profits/Loss				2020 Profits/Loss				2021 Profits/Loss				2020 Profits/Loss
RMB:1USD			6.5528				7.0651				6.4834				6.9798				6.6769				7.0130
AUD:1USD			1.3135				1.4514				1.2943				1.5209				1.3541				1.4810
HKD:1USD			7.7750				7.7505				7.7573				7.7716				7.7533				7.8091
CAD:1USD			1.2571				1.3617				1.2667				1.3417				1.3010				1.3272

Schedule of estimated useful lives

Buildings	20 years
Motor vehicles	3-10 years
Computer and office equipment	1-5 years
Furniture and fixtures	3-5 years
System software	5 years
Leasehold improvements	Shorter of lease term or useful lives
Mining equipment	3 years

Schedule of intangible assets estimated useful lives

Logistics platform 3 years

Schedule of revenues by segments

		For the Three Months Ended								For the Nine Months Ended
		March 31,				March 31,				March 31,				March 31,
		2021				2020				2021				2020
Shipping and management agency services		$	-			$	500,000			$	206,845			$	1,500,000
Freight logistics services			953,194				853,979				3,767,588				3,599,620
Container trucking services			-				-				-				61,709
Total		$	953,194			$	1,353,979			$	3,974,433			$	5,161,329

Schedule of disaggregated information of revenues by geographic locations

		For the Three Months Ended								For the Nine Months Ended
		March 31,				March 31,				March 31,				March 31,
		2021				2020				2021				2020
PRC		$	953,194				853,979				3,767,588				3,599,620
U.S.			-				500,000				206,845				1,561,709
Total revenues		$	953,194			$	1,353,979			$	3,974,433			$	5,161,329

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