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SEGMENT INFORMATION | 9 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] |
| 14. | SEGMENT INFORMATION
The Company presents segment information after elimination of inter-company transactions. In general, revenue, cost of revenue and operating expenses are directly attributable, or are allocated, to each segment. The Company allocates costs and expenses that are not directly attributable to a specific segment, such as those that support infrastructure across different segments, to different segments mainly on the basis of usage, revenue or headcount, depending on the nature of the relevant costs and expenses. The Company does not allocate assets to its segments as the CODM does not evaluate the performance of segments using asset information. The following tables present the summary of each segment's revenue, loss from operations, loss before income taxes and net loss which is considered as a segment operating performance measure, for the nine months ended December 31, 2018:
|  | For the Nine Months Ended December 31, |
|  | Online Lending Services |  |  | Automobile Transactions and Financing Services |  |  | Unallocated |  |  | Consolidated |
|  | (unaudited) |  |  | (unaudited) |  |  | (unaudited) |  |  | (unaudited) |
Revenues |  | $ | 287,655 |  |  | $ | 118,736 |  |  | $ | - |  |  | $ | 406,391 |
Loss from operations |  | $ | (1,584,550 | ) |  | $ | (7,997 | ) |  | $ | (915,716 | ) |  | $ | (2,508,263 | )
Loss before income taxes |  | $ | (1,583,630 | ) |  | $ | (3,268 | ) |  | $ | (901,763 | ) |  | $ | (2,488,661 | )
Net loss |  | $ | (1,583,630 | ) |  | $ | (3,268 | ) |  | $ | (901,763 | ) |  | $ | (2,488,661 | )
Details of the Company's revenue by segment are set out in Note 2(m). As of December 31, 2018, the Company’s total assets were comprised of $3,749,294 for online lending services, $4,341,305 for automobile transaction and financing services, and $6,111,632 unallocated. As substantially all of the Company's long-lived assets are located in the PRC and substantially all of the Company's revenue is derived from within the PRC, no geographical information is presented.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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