v3.21.1

Segment Reporting (Tables)

9 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of information by segment

		For the Three Months Ended March 31, 2021
		Shipping Agency and Management Services				Freight Logistics Services				Container Trucking Services				Others				Total
Net revenues		$	-			$	953,194			$	-			$	-			$	953,194
Cost of revenues		$	-			$	1,098,922			$	-			$	-			$	1,098,922
Gross profit		$	-			$	(145,728	)		$	-			$	-			$	(145,728	)
Depreciation and amortization		$	88,407			$	4,641			$	-			$	-			$	93,048
Total capital expenditures		$	-			$	-			$	-			$	922,438			$	922,438
Gross margin%			-	%			(15.3	)%			-	%			-	%			(15.3	)%

		For the Three Months Ended March 31, 2020
		Shipping Agency and Management Services				Freight Logistics Services				Container Trucking Services				Others				Total
Net revenues		$	500,000			$	853,979	*		$	-			$	-			$	1,353,979
Cost of revenues		$	67,841			$	821,266	*		$	-			$	-			$	889,107
Gross profit		$	432,159			$	32,713			$	-			$	-			$	464,872
Depreciation and amortization		$	79,732			$	3,421			$	-			$	-			$	83,153
Total capital expenditures		$	-			$	-			$	-			$	-			$	-
Gross margin%			86.4	%			3.8	%			-	%			-	%			34.3	%

		For the Nine Months Ended March 31, 2021
		Shipping Agency and Management Services				Freight Logistics Services				Container Trucking Services				Others				Total
Net revenues		$	206,845			$	3,767,588			$	-			$	-			$	3,974,433
Cost of revenues		$	176,968			$	3,705,644			$	-			$	-			$	3,882,612
Gross profit		$	29,877			$	61,944			$	-			$	-			$	91,821
Depreciation and amortization		$	246,485			$	11,691			$	-			$	-			$	258,176
Total capital expenditures		$	-			$	-			$	-			$	922,438			$	922,438
Gross margin%			14.4	%			1.6	%			-	%			-	%			2.3	%

		For the Nine Months Ended March 31, 2020
		Shipping Agency and Management Services				Freight Logistics Services				Container Trucking Services				Others				Total
Net revenues		$	1,500,000			$	3,599,620	*		$	61,709			$	-			$	5,161,329
Cost of revenues		$	230,248			$	2,042,595	*		$	55,313			$	-			$	2,328,156
Gross profit		$	1,269,752			$	1,557,025			$	6,396			$	-			$	2,833,173
Depreciation and amortization		$	261,648			$	7,704			$	50,920			$	-			$	320,272
Total capital expenditures		$	6,979			$	-			$	-			$	-			$	6,979
Gross margin%			84.7	%			43.3	%			10.4	%			-	%			54.9	%

		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

Schedule of segment reporting total assets

		March 31,				June 30,
		2021				2020
Shipping Agency and Management Services		$	49,610,687			$	2,531,074
Freight Logistic Services			3,833,588				3,176,165
Container Trucking Services			21,862				30,863
Others			922,438				-
Total Assets		$	54,388,575			$	5,738,102

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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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

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