2023 Q2 Form 20-F Financial Statement
#000121390023081796 Filed on October 31, 2023
Income Statement
Concept | 2023 Q2 | 2023 | 2022 |
---|---|---|---|
Revenue | $7.290M | $18.54M | $32.28M |
YoY Change | -39.92% | -42.56% | 26.46% |
Cost Of Revenue | $8.580M | $22.21M | $26.04M |
YoY Change | -14.24% | -14.71% | 42.25% |
Gross Profit | -$1.290M | -$3.663M | $6.246M |
YoY Change | -160.6% | -158.65% | -13.55% |
Gross Profit Margin | -17.7% | -19.75% | 19.35% |
Selling, General & Admin | $8.710M | $10.96M | $4.448M |
YoY Change | 386.27% | 146.29% | 219.53% |
% of Gross Profit | 71.22% | ||
Research & Development | $8.690M | $8.695M | |
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.760M | $665.4K | $310.3K |
YoY Change | 871.62% | 114.42% | 27.24% |
% of Gross Profit | 4.97% | ||
Operating Expenses | $17.40M | $20.76M | $4.829M |
YoY Change | 871.42% | 329.89% | 246.88% |
Operating Profit | -$18.69M | -$24.42M | $1.416M |
YoY Change | -5638.93% | -1824.19% | -75.71% |
Interest Expense | $10.00K | $216.6K | $235.3K |
YoY Change | -124.56% | -7.98% | -196.66% |
% of Operating Profit | 16.61% | ||
Other Income/Expense, Net | -$130.0K | $56.04K | $378.0K |
YoY Change | -142.83% | -85.17% | 293.93% |
Pretax Income | -$19.93M | -$24.58M | $1.559M |
YoY Change | -3420.39% | -1676.73% | -72.57% |
Income Tax | $500.0K | $674.6K | $871.2K |
% Of Pretax Income | 55.88% | ||
Net Earnings | -$19.62M | -$25.26M | $687.9K |
YoY Change | -5848.27% | -3771.77% | -83.88% |
Net Earnings / Revenue | -269.14% | -136.21% | 2.13% |
Basic Earnings Per Share | -$10.10 | $0.04 | |
Diluted Earnings Per Share | -$8.16 | -$10.10 | $0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.405M shares | 20.95M shares | |
Diluted Shares Outstanding | 2.405M shares | 20.95M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.750M | $2.750M | $14.40M |
YoY Change | -80.9% | -80.9% | 990.62% |
Cash & Equivalents | $2.751M | $2.750M | $14.40M |
Short-Term Investments | |||
Other Short-Term Assets | $109.8K | $8.970M | $9.388M |
YoY Change | -86.62% | -4.45% | 188.95% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $19.64M | $19.64M | $27.06M |
Other Receivables | $890.0K | $890.0K | -$14.93K |
Total Short-Term Assets | $32.25M | $32.25M | $50.83M |
YoY Change | -36.55% | -36.56% | 56.84% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $844.6K | $930.0K | $533.2K |
YoY Change | 1076.95% | 74.43% | 119.28% |
Goodwill | |||
YoY Change | |||
Intangibles | $119.5K | ||
YoY Change | -94.58% | ||
Long-Term Investments | $41.37K | ||
YoY Change | |||
Other Assets | $5.121M | $5.740M | $10.80M |
YoY Change | -48.84% | -46.85% | 7571.83% |
Total Long-Term Assets | $6.792M | $6.800M | $13.54M |
YoY Change | -49.83% | -49.77% | 570.38% |
TOTAL ASSETS | |||
Total Short-Term Assets | $32.25M | $32.25M | $50.83M |
Total Long-Term Assets | $6.792M | $6.800M | $13.54M |
Total Assets | $39.05M | $39.05M | $64.37M |
YoY Change | -39.34% | -39.33% | 86.96% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.697M | $2.700M | $966.8K |
YoY Change | 178.96% | 179.27% | -49.14% |
Accrued Expenses | $160.0K | $160.0K | $335.3K |
YoY Change | -52.28% | -52.28% | 111.16% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $3972B | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1158B | $5.130M | $3.792M |
YoY Change | 30547791.27% | 35.28% | -26.24% |
Total Short-Term Liabilities | $12.83M | $12.83M | $10.09M |
YoY Change | 27.11% | 27.14% | -24.26% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $1.254M |
YoY Change | -100.0% | -100.0% | -25.01% |
Other Long-Term Liabilities | $40.00K | $40.00K | $250.2K |
YoY Change | -84.01% | -84.01% | 138.81% |
Total Long-Term Liabilities | $40.00K | $40.00K | $1.504M |
YoY Change | -96.81% | -97.34% | -15.35% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $12.83M | $12.83M | $10.09M |
Total Long-Term Liabilities | $40.00K | $40.00K | $1.504M |
Total Liabilities | $12.87M | $12.31M | $11.60M |
YoY Change | 10.97% | 6.08% | -23.16% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$13.34M | ||
YoY Change | -220.96% | ||
Common Stock | $24.05K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $26.74M | $26.74M | $52.76M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $39.05M | $39.05M | $64.37M |
YoY Change | -39.34% | -39.33% | 86.96% |
Cashflow Statement
Concept | 2023 Q2 | 2023 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$19.62M | -$25.26M | $687.9K |
YoY Change | -5848.27% | -3771.77% | -83.88% |
Depreciation, Depletion And Amortization | $1.760M | $665.4K | $310.3K |
YoY Change | 871.62% | 114.42% | 27.24% |
Cash From Operating Activities | -$170.0K | -$5.962M | -$19.37M |
YoY Change | -98.78% | -69.21% | 379.65% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.650M | $623.3K | $82.73K |
YoY Change | 538.46% | 653.36% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$3.360M | -$5.500M | $0.00 |
YoY Change | |||
Cash From Investing Activities | $1.290M | -$6.166M | -$802.7K |
YoY Change | -277.12% | 668.14% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $338.1K | $33.63M | |
YoY Change | -98.99% | ||
Debt Paid & Issued, Net | $345.1K | ||
YoY Change | |||
Cash From Financing Activities | -120.0K | $683.3K | $33.06M |
YoY Change | -117.88% | -97.93% | 736.76% |
NET CHANGE | |||
Cash From Operating Activities | -170.0K | -$5.962M | -$19.37M |
Cash From Investing Activities | 1.290M | -$6.166M | -$802.7K |
Cash From Financing Activities | -120.0K | $683.3K | $33.06M |
Net Change In Cash | 1.000M | -$11.64M | $13.08M |
YoY Change | -107.18% | -189.05% | -15215.08% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$170.0K | -$5.962M | -$19.37M |
Capital Expenditures | -$4.650M | $623.3K | $82.73K |
Free Cash Flow | $4.480M | -$6.586M | -$19.45M |
YoY Change | -134.06% | -66.14% | 381.7% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2095000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
1722870 | shares |
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20-F | |
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false | |
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true | |
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2023-06-30 | |
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--06-30 | |
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2023 | |
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001-40543 | |
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Pop Culture Group Co., Ltd | |
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E9 | |
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3rd Floor | |
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No. 168 Fengqi RoadJimei District | |
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Xiamen City | |
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CN | |
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Class A Ordinary Shares | |
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CPOP | |
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NASDAQ | |
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-24583132 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1559119 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5684414 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
674564 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
871231 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1416872 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-25257696 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
687888 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
4267542 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-927281 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-100070 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-24330415 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
787958 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4267542 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1674640 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-873803 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1335757 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-26932336 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-185915 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5603299 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-888030 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-100070 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-26044306 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-268433 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1881259 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-10.1 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.4 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.5 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2405001 | shares |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
13724806 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
4267542 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1335757 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
19328105 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
108437 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
33521725 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
687888 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-873803 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
52772352 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
338132 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-25257696 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
-1674640 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
26178148 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-25257696 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
687888 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
4267542 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2795662 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1307518 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
195187 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
1109194 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2140976 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
310343 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
243905 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
440832 | usd |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-334045 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-47802 | usd |
CY2023 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
120261 | usd |
CY2022 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
84552 | usd |
CY2021 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
107139 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1237 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2034125 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
3001954 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9259862 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
-148432 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
7542591 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Supplies
IncreaseDecreaseInPrepaidSupplies
|
-1440794 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-8334953 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1533471 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1504345 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-36432 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
2061939 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-898452 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1130593 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
363871 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-1599990 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-275888 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
295333 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
1592715 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-13439 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
156840 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-52007 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-225000 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
225000 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-97343 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-86933 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-107550 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5962481 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11376196 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4037332 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
623280 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
82733 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
7988850 | usd |
CY2023 | pcgcl |
Advance Paid For Agent License
AdvancePaidForAgentLicense
|
4600000 | usd |
CY2023 | pcgcl |
Investment In Film Net
InvestmentInFilmNet
|
-885824 | usd |
CY2023 | pcgcl |
Lending To Related Party
LendingToRelatedParty
|
-13849 | usd |
CY2023 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
43143 | usd |
CY2022 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
720000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6166096 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8791583 | usd |
CY2023 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
4141736 | usd |
CY2022 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
3433810 | usd |
CY2021 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
6341729 | usd |
CY2023 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
3307636 | usd |
CY2022 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
4956629 | usd |
CY2021 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
3472851 | usd |
CY2022 | pcgcl |
Proceeds From Longterm Bank Loans
ProceedsFromLongtermBankLoans
|
-245791 | usd |
CY2021 | pcgcl |
Proceeds From Longterm Bank Loans
ProceedsFromLongtermBankLoans
|
1811922 | usd |
CY2023 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
345145 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
338132 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
33630162 | usd |
CY2023 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
143810 | usd |
CY2022 | pcgcl |
Payment For Deferred Offering Costs
PaymentForDeferredOfferingCosts
|
-1197380 | usd |
CY2021 | pcgcl |
Payment For Deferred Offering Costs
PaymentForDeferredOfferingCosts
|
729977 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
683277 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
33058932 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3950823 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-199423 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
184902 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
47349 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-11644723 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
13076055 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-39160 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14396032 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1319977 | usd |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1359137 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2751309 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14396032 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1319977 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
389732 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
398370 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
34765 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
226296 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
56733 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
235361 | usd |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
7988018 | usd |
CY2021Q1 | pcgcl |
Wfoe Net Income Percentage
WFOENetIncomePercentage
|
1 | pure |
CY2023 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2020-01-03 | |
CY2023 | pcgcl |
Places Of Incorporation
PlacesOfIncorporation
|
Cayman Islands | |
CY2023 | pcgcl |
Percentage Of Ownerships
PercentageOfOwnerships
|
100% | |
CY2023 | pcgcl |
Principal Activities
PrincipalActivities
|
Parent Holding | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><i>(b) Use of estimates</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The preparation of the consolidated financial statements in conformity with U.S. GAAP requires to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period and accompanying notes, including allowance for doubtful accounts, the useful lives of property and equipment and intangible asset, impairment of long-lived assets, deferred cost, and valuation for deferred tax assets. Actual results could differ from those estimates.</p> | |
CY2023 | pcgcl |
Going Concern And Managements Plan
GoingConcernAndManagementsPlan
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><i>(c) Going Concern and Management’s Plan</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. The Company incurred operating loss of $24.42 million and generated negative operating cash flows of $5.96 million for fiscal year ended June 30, 2023.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18pt; text-align: justify">The Company has developed plans and implemented measures to address the going concern issue. The Company’s management is diligently overseeing its operating costs and capital needs, and is fully dedicated to exploring new customer and business opportunities In fiscal years 2022 and 2023, the Company's management has taken significant steps to control and reduce expenses. These measures include implementing more rigorous approval processes for various expenditures, establishing new performance appraisal standards, terminating underperforming employees, eliminating certain positions, and renegotiating contracts with specific vendors. In addition, the Company has dissolved unprofitable subsidiaries to curtail operating losses and cash depletion. Notably, the Company secured a $200 million financing facility in November 2022. Simultaneously, the company will continue to pursue and secure bank loans to support its ongoing operations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18pt; text-align: justify">However, there is no assurance that the Company will be successful in securing sufficient funds to sustain or grow its operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.</p> | |
CY2023 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
5960000 | usd |
CY2023 | pcgcl |
Obtained Financing Limit
ObtainedFinancingLimit
|
200000000 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
14396032 | usd |
CY2023Q2 | us-gaap |
Cash
Cash
|
2751309 | usd |
CY2023 | us-gaap |
Revenue Recognition Allowances
RevenueRecognitionAllowances
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><i>(n) Revenue recognition</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">On July 1, 2017, the Company adopted ASC 606, Revenue from Contracts with Customers, using the modified retrospective approach. The adoption of ASC 606 did not have a material impact on the Company’s consolidated financial statements.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.85pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC 606 establishes principles for reporting information about the nature, amount, timing, and uncertainty of revenue and cash flows arising from the Company’s contracts to provide services to customers. The core principle of ASC 606 is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Step 1: Identify the contract with the customer;</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Step 2: Identify the performance obligations in the contract;</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Step 3: Determine the transaction price;</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Step 4: Allocate the transaction price to the performance obligations in the contract; and</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Step 5: Recognize revenue when the company satisfies a performance obligation.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company mainly generates revenue from event hosting, event planning and execution, and brand promotion, and other services.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Event hosting - </i>The Company regularly hosts live concerts and hip-hop events, and operates hip-hop related online programs. The portfolio of hip-hop events includes a stage play, dance competitions, cultural and musical festivals, and promotional parties. The Company started to operate online hip-hop programs since 2020. The portfolio of online hip-hop programs includes street dance tutorial programs, collections of street dance performances videos, and collections of short music videos on trendy shoes and clothes related to hip-hop culture. The Company generates revenue from concerts, hip-hop events, and online hip-hop programs by providing sponsorship packages to advertisers in exchange for sponsorship fees or by selling tickets for those concerts.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Event planning and execution - </i>The Company provides customized event planning and execution services upon requests from its customers, including design, logistics, layout of events, and coordination and supervision of the actual event set-up and implementation, and generates revenue through service fees.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Brand promotion - </i>The Company provides brand promotion services, including online marketing and promotion, trademark and logo design, visual identity system design, brand positioning, brand personality design, and digital solutions for service fees.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Other services</i> - The Company sells digital collections to individual collectors, provides music recording services to a corporate client and Software-as-a-Service (“SaaS”) software services to hip-hop dance training institutions for service fees, and distributes advertisements for corporate customers for service fees.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for a contract of event hosting, event planning and execution, or brand promotion when it has legally enforceable rights and obligations and collectability of consideration is probable. Each contract typically contains one single performance obligation, which is to deliver a successful event, activity, qualified online program or video, or brand solution, and the contract price is fixed. Contract terms typically include a customary requirement for payment within 180 days after the Company successfully provides services, which is indicated by the customer’s signed acknowledgement of completion on such event, activity, online program, or brand solution by providing the Company with completion confirmation forms.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For event hosting, event planning and execution, and brand promotion, revenue is recognized at a point of time when services are successfully provided (e.g., upon successful carryout of an event), which is indicated by the customer’s acknowledgement of completion on such event, activity, online program or video, or brand solution, as the customer neither simultaneously receives and consumes the benefits provided by the Company’s performance nor controls an increasingly enhanced asset or an asset with an alternative use to the customer as the Company performs. Event hosting, event planning and execution, and brand promotion projects are generally short term, which usually take less than three months.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For digital collections, the PRC operating entities sell digital collections through its own digital collection sales platform. After the customer purchases the digital collection issued on the platform and the digital collection is delivered to the customer, the revenue is recognized.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For music recording service, revenue is recognized at a point of time when services are successfully provided which is indicated by the customer’s acknowledgement of completion on the recording.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For SaaS software services, revenue is recognized after the completion of the service provision. The PRC operating entities reach an annual framework service contract with the customer and charge a one-time service fee. Revenue is recognized on a monthly average basis within the service period.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For distribution of advertisements, the Company satisfies its performance obligation over time by measuring the progress based on time elapsed, as the customer simultaneously receives and consumes the benefit of service provided, during the period of time when the advertisement is displayed. Payment is usually required within 180 days after the completion of distribution.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company reports revenue on a gross basis for event hosting, event planning and execution, brand promotion, and other services (except for advertisement distribution), as the Company takes risk and control of the event, activities, online program, or brand solution before they are transferred to customers. While in terms of advertisement distribution, the Company reports revenue on a net basis since it only arranges the distribution of advertisements, instead of taking the risk and control of the distribution resources.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company applies a practical expedient to make no adjustment for the promised amount of consideration for the effects of a significant financing component as the Company expects, at contract inception, that the period between when the Company transfers a promised service to a customer and when the customer pays for that service will be one year or less.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table identifies the disaggregation of the Company’s revenue for the fiscal years ended June 30, 2023, 2022, and 2021 respectively:</span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="10" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the fiscal years ended June 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td>Revenue from operations:</td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 64%; text-align: left">Event hosting</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">4,348,303</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">14,711,787</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">14,978,643</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Brand promotion</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,650,274</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,733,764</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">750,315</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Event planning and execution</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">4,132,477</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,420,328</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9,196,773</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt">Other services</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">412,189</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">415,664</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">600,826</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt">Total revenue</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">18,543,243</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">32,281,543</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">25,526,557</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Deferred revenue</i> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company presents the consideration that a customer pays before the Company transfers a service to the customer as a contract liability (deferred revenue) when the payment is made. Deferred revenue is the Company’s obligation to transfer services to a customer for which the Company has received consideration from the customer. As of June 30, 2022 and 2023, the balance of deferred revenue amounted to $47,710 and $393,003, respectively, and the movement of deferred revenue was as below. </span></p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Amount</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-indent: 0pt; padding-left: 0pt">June 30, 2020</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">1,764,608</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: 0pt; padding-left: 0pt">Addition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">8,070,036</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: 0pt; padding-left: 0pt">Recognized as revenue within the fiscal year ended June 30, 2021</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(8,185,797</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: 0pt; padding-left: 0pt">June 30, 2021</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,648,847</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: 0pt; padding-left: 0pt">Addition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">47,710</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: 0pt; padding-left: 0pt">Recognized as revenue within the fiscal year ended June 30, 2022</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(1,648,847</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-indent: 0pt; padding-left: 0pt">June 30, 2022</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">47,710</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: 0pt; padding-left: 0pt">Addition</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">393,003</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: 0pt; padding-left: 0pt">Recognized as revenue within the fiscal year ended June 30, 2023</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(47,710</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 4pt; text-indent: 0pt; padding-left: 0pt">June 30, 2023</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">393,003</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company applies a practical expedient to expense costs as incurred for costs to obtain a contract with a customer when the amortization period would have been one year or less. The Company has no material incremental costs of obtaining contracts with customers that the Company expects the benefit of those costs to be longer than one year which need to be recognized as assets.</span></p> | |
CY2023 | pcgcl |
Amortized Straight Line Method
AmortizedStraightLineMethod
|
P10Y | |
CY2023 | us-gaap |
Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
|
1100000 | usd |
CY2023Q2 | us-gaap |
Percentage Of Debt Hedged By Interest Rate Derivatives
PercentageOfDebtHedgedByInterestRateDerivatives
|
0.06 | pure |
CY2022Q2 | us-gaap |
Percentage Of Debt Hedged By Interest Rate Derivatives
PercentageOfDebtHedgedByInterestRateDerivatives
|
0.06 | pure |
CY2021Q2 | us-gaap |
Percentage Of Debt Hedged By Interest Rate Derivatives
PercentageOfDebtHedgedByInterestRateDerivatives
|
0.06 | pure |
CY2023 | us-gaap |
Revenues
Revenues
|
18543243 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
32281543 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
25526557 | usd |
CY2022Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
47710 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
393003 | usd |
CY2020Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1764608 | usd |
CY2021 | us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
8070036 | usd |
CY2021 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
8185797 | usd |
CY2021Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
1648847 | usd |
CY2022 | us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
47710 | usd |
CY2022 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1648847 | usd |
CY2022Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
47710 | usd |
CY2023 | us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
393003 | usd |
CY2023 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
47710 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
393003 | usd |
CY2023 | us-gaap |
Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>(o) Cost of revenue</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cost of revenue consists primarily of event design costs, online program production costs, salary and benefits expenses, materials costs, and other related expenses.</span></p> | |
CY2021 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
133387 | usd |
CY2022 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
380723 | usd |
CY2023 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4646875 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
51170 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
48716 | usd |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
1518981 | usd |
CY2020Q3 | pcgcl |
Noncontrolling Interests
noncontrollingInterests
|
0.49 | pure |
CY2023 | pcgcl |
Equity Interests Percentage
EquityInterestsPercentage
|
0.49 | pure |
CY2023 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
100000 | cny |
CY2023 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
14381 | usd |
CY2023 | us-gaap |
Construction Contractor Contract Duration
ConstructionContractorContractDuration
|
P10Y | |
CY2023 | us-gaap |
Temporary Equity Description
TemporaryEquityDescription
|
The consolidated balance sheet amounts, with the exception of equity, at June 30, 2023 and 2022 were translated at RMB7.2513 to $1.00 and at RMB6.6981 to $1.00, respectively. Equity accounts were stated at their historical rates. The average translation rates applied to consolidated statements of operations and cash flows for the fiscal years ended June 30, 2023, 2022, and 2021 were RMB6.9534 to $1.00, RMB6.4554 to $1.00, and RMB6.6228 to $1.00, respectively. | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 17.85pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>(v) Concentration and credit risk</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Substantially all of the Company’s operating activities are transacted in RMB, which is not freely convertible into foreign currencies. All foreign exchange transactions take place either through the People’s Bank of China or other banks authorized to buy and sell foreign currencies at the exchange rates quoted by the People’s Bank of China. Approval of foreign currency payments by the People’s Bank of China or other regulatory institutions require submitting a payment application form together with suppliers’ invoices, shipping documents, and signed contracts.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">The Company maintains certain bank accounts in the PRC, where under the Deposit Insurance System in China, Hong Kong, and Cayman Islands. In China, a company’s deposits at one bank are insured for a maximum of RMB500,000 in the event of bank failure. According to press release of China Securities Times and China News on July 13, 2023, Hong Kong Monetary Authority proposed that the upper limit of deposit protection in Hong Kong be enhanced to HK$800,000 from HK$500,000. In Cayman Islands, deposits are not insured by Federal Deposit Insurance Corporation (“FDIC”) insurance or other insurance. As of June 30, 2022 and 2023, $5,281,823 and $724,437 of the Company’s cash were on deposit at financial institutions in the PRC, respectively, and $9,113,548 and $2,026,858 of the Company’s cash were on deposit at financial institutions in Hong Kong, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts receivable are typically unsecured and derived from revenue earned from customers, thereby exposed to credit risk. The risk is mitigated by the Company’s assessment of its customers’ creditworthiness and its ongoing monitoring of outstanding balances.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s sales are made to customers that are located primarily in China. The Company has a concentration of its revenue and accounts receivable with specific customers. For the fiscal year ended June 30, 2021, three major customers accounted for approximately 23%, 12%, and 8% of the Company’s total revenue, respectively. For the fiscal year ended June 30, 2022, three major customers accounted for approximately 30%, 13%, and 7% of the Company’s total revenue, respectively. For the fiscal year ended June 30, 2023, three major customers accounted for approximately 10%, 10%, and 9% of the Company’s total revenue, respectively. As of June 30, 2022, the top five customers accounted for 72% of net accounts receivable as of June 30, 2022, with each customer representing 35%, 14%, 9%, 7%, and 7% of the net accounts receivable balance, respectively. As of June 30, 2023, the top five customers accounted for 68% of net accounts receivable as of June 30, 2023, with each customer representing 31%, 19%, 7%, 6%, and 5% of the net accounts receivable balance, respectively.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">For the fiscal year ended June 30, 2023, the Company purchased approximately 16.56%, 12.91%, and 10.61% of its services from three major suppliers, respectively. For the fiscal year ended June 30, 2022, the Company purchased approximately 8.59%, 7.88%, and 5.63% of its services from three major suppliers, respectively. For the fiscal year ended June 30, 2021, the Company purchased approximately 14%, 13%, and 12% of its services from three major suppliers, respectively.</span></p> | |
CY2023 | pcgcl |
Company Deposits
CompanyDeposits
|
500000 | cny |
CY2022Q2 | us-gaap |
Deposits
Deposits
|
5281823 | usd |
CY2023Q2 | us-gaap |
Deposits
Deposits
|
724437 | usd |
CY2022 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
9113548 | usd |
CY2023 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
2026858 | usd |
CY2022Q2 | pcgcl |
Percentage Of Accounts Receivable
PercentageOfAccountsReceivable
|
0.72 | pure |
CY2023Q2 | pcgcl |
Percentage Of Accounts Receivable
PercentageOfAccountsReceivable
|
0.68 | pure |
CY2021Q1 | pcgcl |
Noncontrolling Interests
noncontrollingInterests
|
0.0645 | pure |
CY2021Q1 | pcgcl |
Wfoe Gained
WFOEGained
|
1 | pure |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
24000374 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
28094299 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4358037 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1815665 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
19642337 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
26278634 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1815665 | usd |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
563789 | usd |
CY2023 | pcgcl |
Provision For Doubtful Account
ProvisionForDoubtfulAccount
|
2795662 | usd |
CY2022 | pcgcl |
Provision For Doubtful Account
ProvisionForDoubtfulAccount
|
1319925 | usd |
CY2023 | pcgcl |
Accounts Receivable Foreign Exchange
AccountsReceivableForeignExchange
|
253290 | usd |
CY2022 | pcgcl |
Accounts Receivable Foreign Exchange
AccountsReceivableForeignExchange
|
68049 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4358037 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1815665 | usd |
CY2021 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
180408 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
1319925 | usd |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
2795662 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
13791 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
13791 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
13791 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
50564 | usd |
CY2023Q2 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
683 | usd |
CY2022Q2 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
783798 | usd |
CY2023Q2 | us-gaap |
Other Receivables
OtherReceivables
|
109100 | usd |
CY2022Q2 | us-gaap |
Other Receivables
OtherReceivables
|
36559 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
109783 | usd |
CY2022Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
820357 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
13791 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14930 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
95992 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
805427 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14930 | usd |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
27887 | usd |
CY2022 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
12407 | usd |
CY2023 | us-gaap |
Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
|
1139 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
|
550 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
13791 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14930 | usd |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
27887 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
12407 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Fair Value Disclosure
FiniteLivedIntangibleAssetsFairValueDisclosure
|
119519 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1511887 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
103333 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
667273 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
31570 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
844614 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
71763 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
28902 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
60600 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
665431 | usd |
CY2023 | pcgcl |
Production Copyright
ProductionCopyright
|
1963676 | usd |
CY2022 | pcgcl |
Production Copyright
ProductionCopyright
|
2845857 | usd |
CY2023 | pcgcl |
Saa S
SaaS
|
137906 | usd |
CY2022 | pcgcl |
Saa S
SaaS
|
149296 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
2101582 | usd |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
2995153 | usd |
CY2023 | pcgcl |
Less Accumulated Amortization
LessAccumulatedAmortization
|
918405 | usd |
CY2022 | pcgcl |
Less Accumulated Amortization
LessAccumulatedAmortization
|
790742 | usd |
CY2023Q2 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
1063658 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
119519 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2204411 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P10Y | |
CY2023 | us-gaap |
Finance Lease Impairment Loss
FinanceLeaseImpairmentLoss
|
1100000 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
215003 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
249743 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
915155 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
13791 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
13791 | usd |
CY2022Q2 | pcgcl |
Prepayment Of Develop A Metaverse Platform
PrepaymentOfDevelopAMetaversePlatform
|
4597232 | usd |
CY2022Q2 | pcgcl |
Prepayment Of Developing Nonfungible Tokens
PrepaymentOfDevelopingNonfungibleTokens
|
2800000 | usd |
CY2023Q2 | pcgcl |
Prepayment Of Brands Authorization
PrepaymentOfBrandsAuthorization
|
4600000 | usd |
CY2023Q2 | pcgcl |
Prepaid Consulting Fees
PrepaidConsultingFees
|
462967 | usd |
CY2022Q2 | pcgcl |
Prepaid Consulting Fees
PrepaidConsultingFees
|
925933 | usd |
CY2022Q2 | pcgcl |
Prepayment Renovation Expenses
PrepaymentRenovationExpenses
|
886367 | usd |
CY2022Q2 | pcgcl |
Prepayment Of Copyrights Licenses
PrepaymentOfCopyrightsLicenses
|
580000 | usd |
CY2022Q2 | us-gaap |
Prepaid Royalties
PrepaidRoyalties
|
95798 | usd |
CY2023Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
16260 | usd |
CY2022Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
55425 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
41372 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
68445 | usd |
CY2023Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5120599 | usd |
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10009200 | usd |
CY2023Q2 | pcgcl |
Prepayment Of Brand Authorization
PrepaymentOfBrandAuthorization
|
4600000 | usd |
CY2022Q4 | pcgcl |
Total Cash Consideration
TotalCashConsideration
|
4600000 | usd |
CY2023Q2 | pcgcl |
Total Cash Consideration
TotalCashConsideration
|
4000000 | usd |
CY2023Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
92856 | usd |
CY2022Q2 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
126336 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
122186 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
102873 | usd |
CY2023Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
215042 | usd |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
229209 | usd |
CY2023Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
3495646 | usd |
CY2022Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
3946227 | usd |
CY2023Q2 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
828488 | usd |
CY2022Q2 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
746975 | usd |
CY2023Q2 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
108 | usd |
CY2022Q2 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
2224 | usd |
CY2023Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
702 | usd |
CY2022Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
1841 | usd |
CY2023 | us-gaap |
Taxes Other
TaxesOther
|
2238 | usd |
CY2023Q2 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
4327182 | usd |
CY2022Q2 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
4697267 | usd |
CY2023Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
3971702000000 | usd |
CY2022Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
3433810000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
1158413000000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
358311000000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1254087000000 | usd |
CY2021Q1 | pcgcl |
Total Received
TotalReceived
|
10000000 | cny |
CY2021Q1 | pcgcl |
Total Received
TotalReceived
|
1548491 | usd |
CY2021Q1 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
13000000 | cny |
CY2021Q1 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
2013038 | usd |
CY2023Q2 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
1158413 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
0.2104 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0001 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0103 | pure |
CY2022Q1 | us-gaap |
Payments For Software
PaymentsForSoftware
|
1000000 | cny |
CY2022Q1 | us-gaap |
Payments For Software
PaymentsForSoftware
|
154909 | usd |
CY2023Q1 | us-gaap |
Payments For Fees
PaymentsForFees
|
96300 | cny |
CY2023Q1 | us-gaap |
Payments For Fees
PaymentsForFees
|
96300 | cny |
CY2023Q2 | us-gaap |
Payments For Fees
PaymentsForFees
|
96300 | cny |
CY2023Q2 | us-gaap |
Payments For Fees
PaymentsForFees
|
96300 | cny |
CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
13280 | usd |
CY2023Q1 | pcgcl |
Payments Paid
PaymentsPaid
|
95993 | usd |
CY2023Q1 | pcgcl |
Payments Paid
PaymentsPaid
|
95993 | usd |
CY2023Q2 | pcgcl |
Payments Paid
PaymentsPaid
|
95993 | usd |
CY2023Q2 | pcgcl |
Payments Paid
PaymentsPaid
|
95993 | usd |
CY2023Q4 | pcgcl |
Repaid Loan
RepaidLoan
|
1000000 | cny |
CY2023Q4 | pcgcl |
Repaid Loan
RepaidLoan
|
143810 | usd |
CY2018Q1 | pcgcl |
Profits Tax Rates
ProfitsTaxRates
|
2000000 | hkd |
CY2018Q1 | pcgcl |
Percentage Of Profit Taxed
PercentageOfProfitTaxed
|
0.0825 | pure |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.165 | pure |
CY2023 | pcgcl |
Accounting Standards Rate Percentage1
AccountingStandardsRatePercentage1
|
0.25 | pure |
CY2021 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
3000000 | cny |
CY2023 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
1000000 | cny |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
|
0.25 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
|
0.25 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
|
0.25 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
-0.0476 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.0071 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
-0.101 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
0.0881 | pure |
CY2023 | pcgcl |
Effect Of Favorable Tax Rates On Smallscale And Lowprofit Entities
EffectOfFavorableTaxRatesOnSmallscaleAndLowprofitEntities
|
0.0041 | pure |
CY2021 | pcgcl |
Effect Of Favorable Tax Rates On Smallscale And Lowprofit Entities
EffectOfFavorableTaxRatesOnSmallscaleAndLowprofitEntities
|
-0.0079 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.1328 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.0274 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.5588 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.2492 | pure |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3266711 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
1092957 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
457649 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
4359668 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
457649 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4359668 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
457649 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
84892 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
461399 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
65115 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
208926 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
39634 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
250178 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
104749 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
459104 | usd |
CY2023Q1 | us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
9113 | cny |
CY2023Q1 | us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
1257 | usd |
us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
44012 | cny | |
us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
6070 | usd | |
CY2023 | us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
46635 | cny |
CY2023 | us-gaap |
Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
|
6431 | usd |
CY2023Q1 | us-gaap |
Net Rentable Area
NetRentableArea
|
501 | sqm |
CY2023Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P1Y | |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2405001 | shares |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y1M24D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0692 | pure |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
107139 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
84552 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
84627 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
64646 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
49556 | usd |
CY2023 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
111202 | usd |
CY2023Q2 | us-gaap |
Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
|
6453 | usd |
CY2023Q2 | us-gaap |
Present Value Of Future Minimum Lease Payments Sale Leaseback Transactions
PresentValueOfFutureMinimumLeasePaymentsSaleLeasebackTransactions
|
104749 | usd |
CY2020Q1 | us-gaap |
Shares Issued
SharesIssued
|
3760911 | shares |
CY2020Q1 | pcgcl |
Ordinary Per Share
OrdinaryPerShare
|
0.001 | |
CY2019Q4 | us-gaap |
Shares Issued
SharesIssued
|
2015400 | shares |
CY2019Q4 | pcgcl |
Capital Injection
CapitalInjection
|
2557654 | usd |
CY2023 | pcgcl |
Redesignation Description
RedesignationDescription
|
the Company approved the re-designation of 5,763,077 of the Company’s issued ordinary shares held by Joya Enterprises Limited into 5,763,077 Class B ordinary shares and an aggregate of 9,178,234 of the Company’s issued ordinary shares held by Joya Enterprises Limited and certain other shareholders into 9,178,234 Class A ordinary shares. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. In respect of matters requiring a shareholder vote, each holder of Class A ordinary shares will be entitled to one vote per one Class A ordinary share and each holder of Class B ordinary shares will be entitled to seven votes per one Class B ordinary share. The Class A ordinary shares are not convertible into shares of any other class. The Class B ordinary shares are convertible into Class A ordinary shares at any time after issuance at the option of the holder on a one-to-one basis. | |
CY2023Q2 | pcgcl |
Net Profit After Income Tax Rate
NetProfitAfterIncomeTaxRate
|
0.10 | pure |
CY2023Q2 | pcgcl |
Registered Capital Percentage
RegisteredCapitalPercentage
|
0.50 | pure |
CY2022Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
|
2200124 | usd |
CY2021Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Required
StatutoryAccountingPracticesStatutoryCapitalAndSurplusRequired
|
2207933 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
usd | |
CY2020Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
779094 | usd |
CY2021 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
462479 | usd |
CY2021Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
1241573 | usd |
CY2022 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
257796 | usd |
CY2022Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
1499369 | usd |
CY2023 | us-gaap |
Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
|
37859 | usd |
CY2023Q2 | us-gaap |
Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
1537228 | usd |
CY2022Q2 | pcgcl |
Restricted Net Assets
RestrictedNetAssets
|
16791325 | usd |
CY2023Q2 | pcgcl |
Restricted Net Assets
RestrictedNetAssets
|
16378052 | usd |
CY2022Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
usd | |
CY2023Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
usd | |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
usd | |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
usd | |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
usd | |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
usd | |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
usd | |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
usd | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-10.1 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.4 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.5 | |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1722870 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2095000 | shares |
CY2021 | pcgcl |
Appropriation Of Statutory Reserve
AppropriationOfStatutoryReserve
|
usd | |
CY2022 | pcgcl |
Appropriation Of Statutory Reserve
AppropriationOfStatutoryReserve
|
usd | |
CY2023 | pcgcl |
Acquisition Of Noncontrolling Interests
AcquisitionOfNoncontrollingInterests
|
usd | |
CY2023 | pcgcl |
Appropriation Of Statutory Reserve
AppropriationOfStatutoryReserve
|
usd | |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
usd | |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
usd | |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
usd | |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2022 | pcgcl |
Advance Paid For Agent License
AdvancePaidForAgentLicense
|
usd | |
CY2021 | pcgcl |
Advance Paid For Agent License
AdvancePaidForAgentLicense
|
usd | |
CY2022 | pcgcl |
Investment In Film Net
InvestmentInFilmNet
|
usd | |
CY2021 | pcgcl |
Investment In Film Net
InvestmentInFilmNet
|
usd | |
CY2022 | pcgcl |
Lending To Related Party
LendingToRelatedParty
|
usd | |
CY2021 | pcgcl |
Lending To Related Party
LendingToRelatedParty
|
usd | |
CY2021 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
usd | |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | |
CY2023 | pcgcl |
Proceeds From Longterm Bank Loans
ProceedsFromLongtermBankLoans
|
usd | |
CY2022 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
usd | |
CY2021 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
usd | |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2022 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
usd | |
CY2021 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
usd | |
CY2023 | pcgcl |
Payment For Deferred Offering Costs
PaymentForDeferredOfferingCosts
|
usd | |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2021 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2021 | us-gaap |
Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
|
usd | |
CY2022 | us-gaap |
Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
|
usd | |
CY2023Q2 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
usd | |
CY2022Q2 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
usd | |
CY2023 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
usd | |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
usd | |
CY2022Q2 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
usd | |
CY2023Q2 | pcgcl |
Prepayment Of Develop A Metaverse Platform
PrepaymentOfDevelopAMetaversePlatform
|
usd | |
CY2023Q2 | pcgcl |
Prepayment Of Developing Nonfungible Tokens
PrepaymentOfDevelopingNonfungibleTokens
|
usd | |
CY2022Q2 | pcgcl |
Prepayment Of Brands Authorization
PrepaymentOfBrandsAuthorization
|
usd | |
CY2023Q2 | pcgcl |
Prepayment Renovation Expenses
PrepaymentRenovationExpenses
|
usd | |
CY2023Q2 | pcgcl |
Prepayment Of Copyrights Licenses
PrepaymentOfCopyrightsLicenses
|
usd | |
CY2023Q2 | us-gaap |
Prepaid Royalties
PrepaidRoyalties
|
usd | |
CY2022 | us-gaap |
Taxes Other
TaxesOther
|
usd | |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
usd | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
|
pure | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
|
pure | |
CY2022 | pcgcl |
Effect Of Favorable Tax Rates On Smallscale And Lowprofit Entities
EffectOfFavorableTaxRatesOnSmallscaleAndLowprofitEntities
|
pure | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
pure | |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
pure | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
usd | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
usd | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
usd | |
CY2023Q2 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
usd | |
CY2022 | us-gaap |
Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
|
||
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
00000 | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001807389 |