XML 60 R43.htm IDEA: XBRL DOCUMENT v3.25.3

Income Taxes (Tables)

9 Months Ended

Sep. 30, 2025

Income Taxes [Abstract]

Schedule of Provisions for Income Taxes

The provisions for income taxes for three months ended September 30, 2025 and 2024 were as follows:

		Three Months Ended
		September 30,
		2025				2024
Provision for Income Taxes
Current Tax Provision U.S.		$	-			$	-
Current Tax Provision PRC			306,362				345,710
Deferred Tax Provision PRC			-				-
Total Income Tax Expenses (Benefits)		$	306,362			$	345,710

The provisions for income taxes for nine months ended September 30, 2025 and 2024 were as follows:

		Nine Months Ended
		September 30,
		2025				2024
Provision for Income Taxes
Current Tax Provision U.S.		$	45,991			$	36,793
Current Tax Provision PRC			307,199				762,480
Deferred Tax Provision PRC			-				-
Total Income Tax Expenses (Benefits)		$	353,190			$	799,273

Schedule of Deferred Tax

A summary of the otherwise deductible (or taxable) deferred tax items is as follows:

		September 30,				December 31,
		2025				2024
Deferred tax assets (liabilities)
Depreciation and amortization of property, plant and equipment		$	20,206,572			$	18,875,162
Impairment of property, plant and equipment			583,501				602,139
Impairment of inventory			175,732				181,530
Provision for doubtful debts			235,367				446,064
Miscellaneous			268,800				247,969
Net operating loss carryover of PRC company			476,920				432,365
(Gain) Loss on asset disposal			(63,860	)			(63,123)
Total deferred tax assets			21,883,032				20,722,106
Less: Valuation allowance			(21,883,032	)			(20,722,106	)
Total deferred tax assets, net		$	-				-

Schedule of Effective Income Tax Rate

During the three months ended September 30, 2025 and 2024, the effective income tax rate was estimated by the Company to be -26.8% and -21.2%, respectively.

		Three Months Ended
		September 30,
		2025				2024
PRC Statutory rate			25.0	%			25.0	%
Effect of different tax jurisdiction
Effect of tax and book difference			(37.6	)%			10.9	%
Change in valuation allowance			(14.2	)%			(57.1	)%
Effective income tax rate			(26.8	)%			(21.2	)%

During the nine months ended September 30, 2025 and 2024, the effective income tax rate was estimated by the Company to be -5.4% and -16.0%, respectively.

		Nine Months Ended
		September 30,
		2025				2024
PRC Statutory rate			25.0	%			25.0	%
Effect of different tax jurisdiction
Effect of tax and book difference			(12.7	)%			2.1	%
Change in valuation allowance			(17.7	)%			(43.1	)%
Effective income tax rate			(5.4	)%			(16.0	)%

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration