XML 91 R75.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Reporting (Details) - Schedule of financial informations for reportable segments - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Dongfang Paper [Member]          
Segment Reporting Information [Line Items]          
Revenues $ 31,289,918 $ 43,997,853 $ 46,316,551 $ 66,825,406  
Gross profit (loss) 1,430,181 3,233,548 2,287,725 5,496,229  
Depreciation and amortization 1,210,646 927,090 2,481,138 2,760,191  
Interest income 1,787 8,614 3,743 10,980  
Interest expense 167,431 181,175 340,620 357,561  
Income tax expense(benefit) 134,982 617,975 54,583 1,034,830  
Net income (loss) 650,767 1,847,997 (53,906) 2,935,206  
Total assets 62,656,905   62,656,905   $ 109,369,166
Hebei Tengsheng [Member]          
Segment Reporting Information [Line Items]          
Revenues 411,388 2,727,000 809,776 3,978,416  
Gross profit (loss) (814,347) (232,251) (1,378,124) (688,458)  
Depreciation and amortization 2,188,973 2,283,861 4,250,910 4,540,928  
Interest income 226 600 396 806  
Interest expense 10,862 18,932 24,369 39,350  
Income tax expense(benefit) (379,460) 4,494,672 (790,651) 3,979,043  
Net income (loss) (2,003,653) (6,482,307) (3,609,095) (7,960,911)  
Total assets 133,736,099   133,736,099   93,841,874
Baoding Shengde [Member]          
Segment Reporting Information [Line Items]          
Revenues 87,578 2,794,759 144,175 2,925,217  
Gross profit (loss) 18,203 27,722 34,881 52,253  
Depreciation and amortization 419,464 862,965 860,271 865,284  
Interest income 2,911 2,505 4,240 4,266  
Interest expense 80,813 83,792 164,930 165,889  
Income tax expense(benefit) 649 (4,777) 143,250 (6,208)  
Net income (loss) (52,758) (85,776) (284,648) (153,821)  
Total assets 23,323,044   23,323,044   29,181,392
Not Attributable to Segments [Member]          
Segment Reporting Information [Line Items]          
Revenues    
Gross profit (loss)    
Depreciation and amortization    
Interest income    
Interest expense    
Income tax expense(benefit) 14,717    
Net income (loss) 1,119,571 4,266,838 1,139,359    
Total assets 5,745,345   5,745,345   9,142,770
Elimination of Inter-segment [Member]          
Segment Reporting Information [Line Items]          
Revenues (2,984,697)    
Gross profit (loss)    
Depreciation and amortization    
Interest income    
Interest expense    
Income tax expense(benefit)    
Net income (loss) (1,840) 32,163    
Total assets    
Enterprise-wide, consolidated [Member]          
Segment Reporting Information [Line Items]          
Revenues 31,788,884 46,534,915 47,270,502 70,744,342  
Gross profit (loss) 634,037 3,029,019 944,482 4,860,024  
Depreciation and amortization 3,819,083 4,073,916 7,592,319 8,166,403  
Interest income 4,924 11,719 8,379 16,052  
Interest expense 259,106 283,899 529,919 562,800  
Income tax expense(benefit) (243,829) 5,122,587 (592,818) 5,022,382  
Net income (loss) (287,913) $ (453,248) (2,776,127) $ (4,792,104)  
Total assets $ 225,461,393   $ 225,461,393   $ 241,535,202