2023 Q1 Form 10-K Financial Statement

#000121390023024107 Filed on March 29, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $1.177M $3.508M
YoY Change -2.65% -37.78%
Cost Of Revenue $114.6K $663.5K
YoY Change -63.34% -63.69%
Gross Profit $1.062M $2.844M
YoY Change 18.5% -25.36%
Gross Profit Margin 90.27% 81.08%
Selling, General & Admin $424.9K $1.724M
YoY Change 29.6% -10.33%
% of Gross Profit 40.0% 60.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.32K $81.92K
YoY Change -4.91% -1.56%
% of Gross Profit 1.91% 2.88%
Operating Expenses $424.9K $1.724M
YoY Change 29.6% -10.33%
Operating Profit $637.4K $1.120M
YoY Change 12.1% -40.66%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $86.29K -$14.31K
YoY Change -15.26% -107.64%
Pretax Income $723.7K $1.106M
YoY Change 7.94% -46.7%
Income Tax $292.3K $701.4K
% Of Pretax Income 40.38% 63.42%
Net Earnings $431.5K $404.6K
YoY Change 10.3% -62.76%
Net Earnings / Revenue 36.66% 11.54%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 1.701B shares 1.701B shares 1.701B shares
Diluted Shares Outstanding 1.701B shares 1.701B shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $7.089M $7.194M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $701.3K $235.0K
Other Receivables $77.66K $73.07K
Total Short-Term Assets $7.870M $7.502M
YoY Change -3.49%
LONG-TERM ASSETS
Property, Plant & Equipment $171.3K $188.9K
YoY Change -32.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $241.3K $272.0K
YoY Change -36.48%
TOTAL ASSETS
Total Short-Term Assets $7.870M $7.502M
Total Long-Term Assets $241.3K $272.0K
Total Assets $8.112M $7.774M
YoY Change -5.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue $273.8K
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $547.5K $688.8K
YoY Change -31.77%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $264.0K $200.6K
YoY Change -53.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $547.5K $688.8K
Total Long-Term Liabilities $264.0K $200.6K
Total Liabilities $811.5K $889.4K
YoY Change -38.22%
SHAREHOLDERS EQUITY
Retained Earnings $478.7K $47.22K
YoY Change -113.21%
Common Stock $170.1K $170.1K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.300M $6.884M
YoY Change
Total Liabilities & Shareholders Equity $8.112M $7.774M
YoY Change -5.21%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $431.5K $404.6K
YoY Change 10.3% -62.76%
Depreciation, Depletion And Amortization $20.32K $81.92K
YoY Change -4.91% -1.56%
Cash From Operating Activities $78.59K -$138.9K
YoY Change -22.64% -130.75%
INVESTING ACTIVITIES
Capital Expenditures $1.893K $9.704K
YoY Change -77.87%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$9.704K
YoY Change -100.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.492K
YoY Change -53.85%
NET CHANGE
Cash From Operating Activities $78.59K -$138.9K
Cash From Investing Activities -$9.704K
Cash From Financing Activities -$3.492K
Net Change In Cash -$104.3K -$455.5K
YoY Change -111.98%
FREE CASH FLOW
Cash From Operating Activities $78.59K -$138.9K
Capital Expenditures $1.893K $9.704K
Free Cash Flow $76.70K -$148.6K
YoY Change -17.57% -132.9%

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of these financial statements in conformity with U.S. GAAP requires management of the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, costs and expenses, and related disclosures. On an ongoing basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022 eubg Variable Interest Entity Qualitative Or Quantitative Informations Ownership Percentage
VariableInterestEntityQualitativeOrQuantitativeInformationsOwnershipPercentage
0.50 pure
CY2022Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
2717 usd
CY2021Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
161188 usd
CY2022 eubg Derived Services Revenues
DerivedServicesRevenues
1981096 usd
CY2021 eubg Derived Services Revenues
DerivedServicesRevenues
4152617 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3507590 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5637396 usd
CY2022 eubg Revenue Gross
RevenueGross
3128787 usd
CY2021 eubg Revenue Gross
RevenueGross
5413776 usd
CY2022 eubg Revenue Net
RevenueNet
378803 usd
CY2021 eubg Revenue Net
RevenueNet
223620 usd
CY2022 eubg Total Revenue
TotalRevenue
3507590 usd
CY2021 eubg Total Revenue
TotalRevenue
5637396 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
216142 usd
CY2022 eubg Consultancy Fees Collected
ConsultancyFeesCollected
220183 usd
CY2021 eubg Consultancy Fees Collected
ConsultancyFeesCollected
1377349 usd
CY2022 eubg Refunded
Refunded
149992 usd
CY2022 eubg Consultancy Income Earned
ConsultancyIncomeEarned
262799 usd
CY2021 eubg Consultancy Income Earned
ConsultancyIncomeEarned
1176515 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
23534 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-15308 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
216142 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
66196 usd
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
124386 usd
CY2022 eubg Housing Funds
HousingFunds
11014 usd
CY2021 eubg Housing Funds
HousingFunds
11014 usd
CY2022 eubg Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
6.8979
CY2022 eubg Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
1
CY2022 eubg Income Statement And Cash Flows
IncomeStatementAndCashFlows
6.7288
CY2022 eubg Income Statement And Cash Flows
IncomeStatementAndCashFlows
1
CY2021 eubg Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
6.3559
CY2021 eubg Balance Sheet Except For Equity Accounts
BalanceSheetExceptForEquityAccounts
1
CY2021 eubg Income Statement And Cash Flows
IncomeStatementAndCashFlows
6.4519
CY2021 eubg Income Statement And Cash Flows
IncomeStatementAndCashFlows
1
CY2022 eubg Narrow Range Foreign Currency Description
NarrowRangeForeignCurrencyDescription
During the periods presented, HKD is pegged to the U.S. dollar within a narrow range which is around HKD7.80 to USD1,00 for both years. 
CY2022 eubg Tax Benefit Percentage
TaxBenefitPercentage
0.50 pure
CY2022 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
404618 usd
CY2021 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
1086400 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1701181423 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1701181423 shares
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.01
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
189821 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
119284 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
188889 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281448 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
81918 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
83212 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i>Concentration of Credit Risk</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash and cash equivalents.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of December 31, 2022 and 2021, $7,193,591 and $7,649,129 of the Company’s cash and cash equivalents, respectively were held at financial institutions and online payment platforms located in the PRC and Hong Kong that management believes to be of high credit quality. The Company has not experienced any losses on cash and cash equivalents to date. The Company does not require collateral or other securities to support financial instruments that are subject to credit risk.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company operates principally in the PRC and Hong Kong and grants credit to its customers in these geographic regions. Although the PRC is economically stable, it is always possible that unanticipated events in foreign countries could disrupt the Company’s operations.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
7193591 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
7649129 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
369244 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
400732 usd
CY2022Q4 eubg Office Equipment
OfficeEquipment
9466 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
378710 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
400732 usd
CY2022 eubg Bears Fixed Interest
BearsFixedInterest
0.0475 pure
CY2020Q4 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
186796 usd
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
234978 usd
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
67940 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
234978 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
67940 usd
CY2022Q4 eubg Deposits And Other Receivables
DepositsAndOtherReceivables
15948 usd
CY2021Q4 eubg Deposits And Other Receivables
DepositsAndOtherReceivables
18430 usd
CY2022Q4 eubg Prepayments
Prepayments
57121 usd
CY2021Q4 eubg Prepayments
Prepayments
37495 usd
CY2022Q4 eubg Total Other Receivables And Prepayments
TotalOtherReceivablesAndPrepayments
73069 usd
CY2021Q4 eubg Total Other Receivables And Prepayments
TotalOtherReceivablesAndPrepayments
55925 usd
CY2022Q3 us-gaap Loan Restructuring Trial Modifications Amount
LoanRestructuringTrialModificationsAmount
1040307 usd
CY2022Q3 us-gaap Loan Restructuring Trial Modifications Amount
LoanRestructuringTrialModificationsAmount
3500000 cny
CY2022Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.07 pure
CY2021Q1 us-gaap Loan Restructuring Trial Modifications Amount
LoanRestructuringTrialModificationsAmount
500000 usd
CY2022Q1 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.10 pure
CY2022 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
3530 usd
CY2021 us-gaap Loans And Leases Receivable Impaired Troubled Debt Interest Income
LoansAndLeasesReceivableImpairedTroubledDebtInterestIncome
23660 usd
CY2022Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
60047 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
30462 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
62830 usd
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
105294 usd
CY2022Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
145000 usd
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
130000 usd
CY2022Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
30838 usd
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
53032 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
71012 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
83370 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
369727 usd
CY2021Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
402158 usd
CY2022 eubg Deferred Tax Amount
DeferredTaxAmount
701435 usd
CY2022 eubg Profit Percentage
ProfitPercentage
0.10 pure
CY2022 eubg Registered Capital Percentage
RegisteredCapitalPercentage
0.50 pure
CY2022 eubg Statutory Reserve Value
StatutoryReserveValue
65911 usd
CY2021 eubg Statutory Reserve Value
StatutoryReserveValue
65911 usd
CY2022 eubg Reserves Percentage
ReservesPercentage
0.50 pure
CY2021 eubg Reserves Percentage
ReservesPercentage
0.50 pure
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-769358 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-791930 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1106053 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2075316 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.80 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
0.50 pure
CY2022 eubg Estimated Assessable Profit
EstimatedAssessableProfit
0.165 pure
CY2021 eubg Estimated Assessable Profit
EstimatedAssessableProfit
0.165 pure
CY2022 eubg Provision Tax In Percentage
ProvisionTaxInPercentage
0.0825 pure
CY2021 eubg Assessable Profits
AssessableProfits
289943 usd
CY2022 eubg Assessable Profits
AssessableProfits
289943 usd
CY2022 eubg Assessable Profits
AssessableProfits
2000000 hkd
CY2021 eubg Assessable Profits
AssessableProfits
2000000 hkd
CY2022 eubg Operating Waiver
OperatingWaiver
1 pure
CY2021 eubg Operating Waiver
OperatingWaiver
1 pure
CY2022 eubg Profit Tax Amount
ProfitTaxAmount
1450 usd
CY2021 eubg Profit Tax Amount
ProfitTaxAmount
1450 usd
CY2022 eubg Profit Tax Amount
ProfitTaxAmount
10000 hkd
CY2021 eubg Profit Tax Amount
ProfitTaxAmount
10000 hkd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.25 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.10 pure
CY2022 eubg Deferred Tax Liabilities Amount
DeferredTaxLiabilitiesAmount
188289 usd
CY2021 eubg Deferred Tax Liabilities Amount
DeferredTaxLiabilitiesAmount
357929 usd
CY2021 eubg Deferred Tax Amount
DeferredTaxAmount
988916 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1106053 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2075316 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
232272 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
435816 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
216340 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
186907 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
103377 usd
CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
119238 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
162563 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
235757 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-13117 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
11198 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
701435 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
988916 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
3558 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1778 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12535 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
13605 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
16093 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
15383 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
188289 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
357929 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
16093 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15383 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
172196 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
342546 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
58765 usd
CY2021Q2 eubg Description Of Lease Agreement
DescriptionOfLeaseAgreement
On June 10, 2021, the Company entered into a lease agreement for office space in Xian, the PRC with a non-cancellable lease term, commencing on July 16, 2021 and expiring on July 15, 2024.
CY2022 us-gaap Lease Cost
LeaseCost
4897 usd
CY2022 us-gaap Lease Cost
LeaseCost
32951 cny
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
39367 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
58765 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
39367 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
57324 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
28662 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
85986 usd
CY2022Q4 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
2909 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
83077 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.049 pure
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
58765 usd
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
61287 usd
CY2021 eubg Revenue Percentage Net
RevenuePercentageNet
0.10 pure
CY2022 eubg Revenue Percentage Net
RevenuePercentageNet
0.10 pure
CY2022 eubg Revenue Percentage Less Then Net Revenue
RevenuePercentageLessThenNetRevenue
0.10 pure
CY2022 eubg Net Accounts Receivable Rate
NetAccountsReceivableRate
0.10 pure
CY2021 eubg Net Accounts Receivable Rate
NetAccountsReceivableRate
0.10 pure
CY2022 eubg Derived Services Revenues
DerivedServicesRevenues
1981096 usd
CY2021 eubg Derived Services Revenues
DerivedServicesRevenues
4152617 usd
CY2021 eubg Cost Of Revenue Rate
CostOfRevenueRate
0.10 pure
CY2022 eubg Cost Of Revenue Rate
CostOfRevenueRate
0.10 pure
CY2022 eubg Accounts Payablepercentage
AccountsPayablepercentage
0.10 pure
CY2021 eubg Accounts Payablepercentage
AccountsPayablepercentage
0.10 pure
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
usd
CY2022 eubg Amount Due To A Shareholder
AmountDueToAShareholder
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
CY2021 eubg Loan Receivables To A Unrelated Third Party
LoanReceivablesToAUnrelatedThirdParty
usd
CY2021 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
CY2022 eubg Redemption Of Debt Products
RedemptionOfDebtProducts
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CY2022 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
usd
CY2022 eubg Repayment From A Related Company
RepaymentFromARelatedCompany
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CY2022 eubg Advance From A Director
AdvanceFromADirector
usd
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
usd
CY2021 eubg Refunded
Refunded
usd
CY2021Q4 eubg Office Equipment
OfficeEquipment
usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
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CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
usd
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
00000
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001171326

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report.css Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable