$SCGY
SCIENTIFIC ENERGY, INC

2023 Q3 Form 10-Q Financial Statement

#000137647423000415 Filed on August 21, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $9.748M $9.673M
YoY Change -13.35% -17.26%
Cost Of Revenue $5.124M $5.401M
YoY Change -32.9% -39.16%
Gross Profit $4.624M $4.272M
YoY Change 28.01% 51.88%
Gross Profit Margin 47.43% 44.16%
Selling, General & Admin $3.819M
YoY Change -8.02%
% of Gross Profit 82.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.79K
YoY Change 244.07%
% of Gross Profit 2.07%
Operating Expenses $3.878M $3.949M
YoY Change -7.23% -8.88%
Operating Profit $746.0K $322.3K
YoY Change -231.4% -121.18%
Interest Expense -$13.67K -$9.451K
YoY Change 40.49% -3.17%
% of Operating Profit -1.83% -2.93%
Other Income/Expense, Net
YoY Change
Pretax Income $732.3K $312.9K
YoY Change -226.82% -120.43%
Income Tax $8.741K $0.00
% Of Pretax Income 1.19% 0.0%
Net Earnings $715.6K $311.7K
YoY Change -227.25% -120.58%
Net Earnings / Revenue 7.34% 3.22%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 263.3M shares 263.3M shares
Diluted Shares Outstanding 263.3M shares 263.3M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.552M
YoY Change -11.85%
Cash & Equivalents $2.552M $1.332M
Short-Term Investments
Other Short-Term Assets $260.7K
YoY Change -6.7%
Inventory $113.7K $71.13K
Prepaid Expenses $260.7K $548.8K
Receivables $0.00 $1.129M
Other Receivables $3.105M
Total Short-Term Assets $6.031M $6.284M
YoY Change -21.56% -33.35%
LONG-TERM ASSETS
Property, Plant & Equipment $77.98K $65.04K
YoY Change -7.03% -27.72%
Goodwill $71.66M $71.66M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $254.2K $338.8K
YoY Change -46.0% -34.89%
Total Long-Term Assets $73.59M $73.44M
YoY Change 0.02% -0.68%
TOTAL ASSETS
Total Short-Term Assets $6.031M $6.284M
Total Long-Term Assets $73.59M $73.44M
Total Assets $79.63M $79.72M
YoY Change -2.03% -4.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.994M $5.152M
YoY Change -20.76% -32.61%
Accrued Expenses $2.122M $2.201M
YoY Change -25.01% -23.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $974.3K
YoY Change 46.24%
Total Short-Term Liabilities $10.30M $11.08M
YoY Change -19.31% -22.07%
LONG-TERM LIABILITIES
Long-Term Debt $657.2K
YoY Change -9.95%
Other Long-Term Liabilities $5.500K
YoY Change -97.03%
Total Long-Term Liabilities $662.7K $710.2K
YoY Change -27.6% -31.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.30M $11.08M
Total Long-Term Liabilities $662.7K $710.2K
Total Liabilities $10.96M $11.80M
YoY Change -19.86% -22.69%
SHAREHOLDERS EQUITY
Retained Earnings -$12.36M -$13.07M
YoY Change -7.53% 2.13%
Common Stock $2.633M $2.633M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $68.81M $68.08M
YoY Change
Total Liabilities & Shareholders Equity $79.63M $79.72M
YoY Change -2.03% -4.38%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $715.6K $311.7K
YoY Change -227.25% -120.58%
Depreciation, Depletion And Amortization $95.79K
YoY Change 244.07%
Cash From Operating Activities $917.1K
YoY Change -146.8%
INVESTING ACTIVITIES
Capital Expenditures $268.1K
YoY Change -5582.41%
Acquisitions
YoY Change
Other Investing Activities -$33.75K
YoY Change -158.92%
Cash From Investing Activities -$301.9K
YoY Change -676.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 669.3K
YoY Change -711.52%
NET CHANGE
Cash From Operating Activities 917.1K
Cash From Investing Activities -301.9K
Cash From Financing Activities 669.3K
Net Change In Cash 1.284M
YoY Change -163.69%
FREE CASH FLOW
Cash From Operating Activities $917.1K
Capital Expenditures $268.1K
Free Cash Flow $649.0K
YoY Change -133.2%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-50559
dei Entity Registrant Name
EntityRegistrantName
SCIENTIFIC ENERGY, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
UT
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
87-0680657
dei Entity Address Address Line1
EntityAddressAddressLine1
Room K, 9F
dei Entity Address Address Line2
EntityAddressAddressLine2
Golden Dragon Centre
dei Entity Address Address Line3
EntityAddressAddressLine3
105 Xian Xinghai Great Road
dei Entity Address City Or Town
EntityAddressCityOrTown
Macau
dei Entity Address Address Description
EntityAddressAddressDescription
Address of principal executive offices including zip code
dei City Area Code
CityAreaCode
852
dei Local Phone Number
LocalPhoneNumber
2530-2089
dei Phone Fax Number Description
PhoneFaxNumberDescription
Registrant’s telephone number
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
263337500 shares
dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
0.01
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1332222 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2677775 usd
CY2023Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
932766 usd
CY2022Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
1007562 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1129261 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1061700 usd
CY2023Q2 us-gaap Other Receivables
OtherReceivables
258092 usd
CY2022Q4 us-gaap Other Receivables
OtherReceivables
156289 usd
CY2023Q2 fil Amount Due From Related Companies
AmountDueFromRelatedCompanies
1703925 usd
CY2022Q4 fil Amount Due From Related Companies
AmountDueFromRelatedCompanies
1448971 usd
CY2023Q2 fil Amount Due From Joint Venture
AmountDueFromJointVenture
24679 usd
CY2022Q4 fil Amount Due From Joint Venture
AmountDueFromJointVenture
24679 usd
CY2023Q2 fil Amount Due From Shareholder
AmountDueFromShareholder
283227 usd
CY2022Q4 fil Amount Due From Shareholder
AmountDueFromShareholder
440588 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
71129 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
108220 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
548831 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
636500 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
6284132 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
7562284 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
65036 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
78563 usd
CY2023Q2 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
1016833 usd
CY2022Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
1008878 usd
CY2023Q2 us-gaap Goodwill
Goodwill
71664639 usd
CY2022Q4 us-gaap Goodwill
Goodwill
71664639 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
338790 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
515557 usd
CY2023Q2 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
350798 usd
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
352855 usd
CY2023Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
73436096 usd
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
73620492 usd
CY2023Q2 us-gaap Assets
Assets
79720228 usd
CY2022Q4 us-gaap Assets
Assets
81182776 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
5152160 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
6804902 usd
CY2023Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2201269 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2782849 usd
CY2023Q2 fil Amount Due To Related Party
AmountDueToRelatedParty
19918 usd
CY2022Q4 fil Amount Due To Related Party
AmountDueToRelatedParty
20028 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1585751 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1537475 usd
CY2023Q2 fil Other Payable
OtherPayable
973993 usd
CY2022Q4 fil Other Payable
OtherPayable
981592 usd
CY2023Q2 srt Bank Loans
BankLoans
847548 usd
CY2022Q4 srt Bank Loans
BankLoans
292723 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
304171 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
347649 usd
CY2023Q2 us-gaap Bank Overdrafts
BankOverdrafts
0 usd
CY2022Q4 us-gaap Bank Overdrafts
BankOverdrafts
599978 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
11084810 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
13367196 usd
CY2023Q2 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
675577 usd
CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
716723 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
34619 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
167908 usd
CY2023Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
710196 usd
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
884631 usd
CY2023Q2 us-gaap Liabilities
Liabilities
11795006 usd
CY2022Q4 us-gaap Liabilities
Liabilities
14251827 usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
263337500 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
263337500 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
263337500 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
263337500 shares
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
2633375 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
2633375 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
78460638 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
78460638 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-13074132 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-14034905 usd
CY2023Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
58463 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
32629 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
68078344 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
67091737 usd
CY2023Q2 us-gaap Minority Interest
MinorityInterest
-153122 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
-160788 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
79720228 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
81182776 usd
CY2023Q2 us-gaap Revenues
Revenues
9673182 usd
CY2022Q2 us-gaap Revenues
Revenues
11690360 usd
us-gaap Revenues
Revenues
18890935 usd
us-gaap Revenues
Revenues
21821021 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
5401381 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
8877832 usd
us-gaap Cost Of Revenue
CostOfRevenue
10689379 usd
us-gaap Cost Of Revenue
CostOfRevenue
16236247 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
4271801 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
2812528 usd
us-gaap Gross Profit
GrossProfit
8201556 usd
us-gaap Gross Profit
GrossProfit
5584774 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3912539 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4270018 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7146466 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7997078 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
36941 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
64465 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
68409 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
131424 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
3949480 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
4334483 usd
us-gaap Operating Expenses
OperatingExpenses
7214875 usd
us-gaap Operating Expenses
OperatingExpenses
8128502 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
322321 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1521955 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
986681 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2543728 usd
CY2023Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9451 usd
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9760 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-18242 usd
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-19106 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
312870 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1531715 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
968439 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2562834 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
312870 usd
CY2022Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-1531715 usd
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
968439 usd
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-2562834 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1156 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-16904 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7666 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-29701 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
311714 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-1514811 usd
us-gaap Net Income Loss
NetIncomeLoss
960773 usd
us-gaap Net Income Loss
NetIncomeLoss
-2533133 usd
CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
37757 usd
CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
76550 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
25834 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
70766 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
349471 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-1438261 usd
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
986607 usd
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-2462367 usd
CY2023Q2 fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
0.001
CY2022Q2 fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.006
fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
0.004
fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.001
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
263337500 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
263337500 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
263337500 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
263337500 shares
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
66930949 usd
CY2023Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
-11923 usd
CY2023Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
655569 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
67574595 usd
CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
37757 usd
CY2023Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
312870 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
67925222 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70606661 usd
CY2022Q1 us-gaap Stockholders Equity Other
StockholdersEquityOther
-5784 usd
CY2022Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-1031119 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
69569758 usd
CY2022Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
76550 usd
CY2022Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-1531715 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
68114593 usd
us-gaap Profit Loss
ProfitLoss
968439 usd
us-gaap Profit Loss
ProfitLoss
-2562834 usd
us-gaap Depreciation
Depreciation
18243 usd
us-gaap Depreciation
Depreciation
23659 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
51335 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
107765 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-638 usd
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
-39 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
67561 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9592 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-37091 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14885 usd
fil Deposits1
Deposits1
-2057 usd
fil Deposits1
Deposits1
-43425 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-87669 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2440 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
101803 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
95682 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1652742 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1445005 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-581579 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9954 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
48276 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
543742 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-7598 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-433382 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1197535 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-940346 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6023 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36666 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
63743 usd
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-157362 usd
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-351235 usd
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
74797 usd
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
0 usd
us-gaap Increase Decrease In Due To Other Related Parties Current
IncreaseDecreaseInDueToOtherRelatedPartiesCurrent
-254955 usd
us-gaap Increase Decrease In Due To Other Related Parties Current
IncreaseDecreaseInDueToOtherRelatedPartiesCurrent
-27061 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28819 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
223765 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
773172 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
618521 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
259494 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
94014 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
513678 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
524507 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-32899 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37119 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-745575 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-154955 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2077797 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4920375 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1332222 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4765420 usd
us-gaap Interest Paid
InterestPaid
18242 usd
us-gaap Interest Paid
InterestPaid
19106 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
338790 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
520328 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
338790 usd
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
520328 usd
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
UT
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2001-05-30
us-gaap Use Of Estimates
UseOfEstimates
<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b><i>Use of Estimates</i></b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The preparation of the <span style="font-size:11pt">consolidated </span>financial statements in conformity with accounting principles generally accepted in the United States of America requires management 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 <span style="font-size:11pt">consolidated </span>financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b><i>Concentration of Credit Risk</i></b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company’s financial instruments that are exposed to a concentration of credit risk are cash and accounts receivable. Generally, the Company’s cash and cash equivalents in interest-bearing accounts may exceed FDIC insurance limits. The financial stability of these institutions is periodically reviewed by senior management.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">As of June 30, 2023, and December 31, 2022, the Company maintained $1,328,248 and $2,058,216 in foreign bank accounts not subject to FDIC coverage.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.</p>
CY2023Q2 us-gaap Deposits Foreign
DepositsForeign
1328248 usd
CY2022Q4 us-gaap Deposits Foreign
DepositsForeign
2058216 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
65036 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
78563 usd
CY2022Q4 fil Right To Use Assets Net
RightToUseAssetsNet
515557 usd
fil Recorded Lease Expense
RecordedLeaseExpense
176767 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-13074132 usd
CY2023Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
66086 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
66433 usd
CY2023Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
148047 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
148010 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
149097 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
135880 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1916706 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1878759 usd
CY2023Q2 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
899873 usd
CY2022Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
869881 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1016833 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1008878 usd
CY2023Q2 us-gaap Goodwill Gross
GoodwillGross
71664639 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
71664639 usd
CY2023Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 usd
CY2023Q2 us-gaap Goodwill
Goodwill
71664639 usd
CY2022Q4 us-gaap Goodwill
Goodwill
71664639 usd
CY2023Q2 fil Right To Use Assets Macao And Zhuhai
RightToUseAssetsMacaoAndZhuhai
805253 usd
CY2022Q4 fil Right To Use Assets Macao And Zhuhai
RightToUseAssetsMacaoAndZhuhai
1257014 usd
CY2023Q2 fil Right To Use Assets Hong Kong
RightToUseAssetsHongKong
98029 usd
CY2022Q4 fil Right To Use Assets Hong Kong
RightToUseAssetsHongKong
98029 usd
CY2023Q2 fil Right To Use Assets Subtotal
RightToUseAssetsSubtotal
903282 usd
CY2022Q4 fil Right To Use Assets Subtotal
RightToUseAssetsSubtotal
1355043 usd
CY2023Q2 fil Right To Use Assets Less Accumulated Depreciation
RightToUseAssetsLessAccumulatedDepreciation
-564492 usd
CY2022Q4 fil Right To Use Assets Less Accumulated Depreciation
RightToUseAssetsLessAccumulatedDepreciation
-839486 usd
CY2023Q2 fil Right To Use Assets Net
RightToUseAssetsNet
338790 usd
fil Recorded Lease Expense
RecordedLeaseExpense
234002 usd
CY2023Q2 fil Lease Liability Macao And Zhuhai
LeaseLiabilityMacaoAndZhuhai
312970 usd
CY2022Q4 fil Lease Liability Macao And Zhuhai
LeaseLiabilityMacaoAndZhuhai
464927 usd
CY2023Q2 fil Lease Liability Hong Kong
LeaseLiabilityHongKong
25820 usd
CY2022Q4 fil Lease Liability Hong Kong
LeaseLiabilityHongKong
50630 usd
CY2023Q2 fil Total Lease Liability
TotalLeaseLiability
338790 usd
CY2022Q4 fil Total Lease Liability
TotalLeaseLiability
515557 usd
CY2023Q2 fil Lease Liability Less Short Term Portion
LeaseLiabilityLessShortTermPortion
-304171 usd
CY2022Q4 fil Lease Liability Less Short Term Portion
LeaseLiabilityLessShortTermPortion
-347649 usd
CY2023Q2 fil Lease Liability Long Term Portion
LeaseLiabilityLongTermPortion
34619 usd
CY2022Q4 fil Lease Liability Long Term Portion
LeaseLiabilityLongTermPortion
167908 usd
CY2023Q2 fil Lease Liability Year Ended December312020
LeaseLiabilityYearEndedDecember312020
351125 usd
CY2022Q4 fil Lease Liability Year Ended December312020
LeaseLiabilityYearEndedDecember312020
542699 usd
CY2023Q2 fil Lease Liability Less Present Value Discount
LeaseLiabilityLessPresentValueDiscount
-12335 usd
CY2022Q4 fil Lease Liability Less Present Value Discount
LeaseLiabilityLessPresentValueDiscount
-27142 usd
CY2023Q2 fil Lease Liability
LeaseLiability
338790 usd
CY2022Q4 fil Lease Liability
LeaseLiability
515557 usd
CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
70471 usd
CY2023Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
22247 usd
CY2023Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
92718 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
145575 usd
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
38133 usd
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
183708 usd
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
92805 usd
CY2022Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
63440 usd
CY2022Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
156245 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
243106 usd
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
74862 usd
CY2023Q2 fil Total Bank Loans And Overdrafts
TotalBankLoansAndOverdrafts
1523125 usd
CY2023Q2 fil Inventories For Gold
InventoriesForGold
522 usd
CY2023Q2 fil Merchandise Inventory
MerchandiseInventory
70607 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1332222 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2677775 usd
CY2023Q2 us-gaap Bank Overdrafts
BankOverdrafts
0 usd
CY2022Q4 us-gaap Bank Overdrafts
BankOverdrafts
599978 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1332222 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2077797 usd
CY2023Q2 us-gaap Loans Payable To Bank
LoansPayableToBank
1523125 usd
CY2022Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
1009446 usd
CY2023Q2 us-gaap Bank Overdrafts
BankOverdrafts
0 usd
CY2022Q4 us-gaap Bank Overdrafts
BankOverdrafts
599978 usd
CY2022Q4 fil Total Bank Loans And Overdrafts
TotalBankLoansAndOverdrafts
1609424 usd
CY2023Q2 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
847548 usd
CY2022Q4 us-gaap Loans Payable To Bank Current
LoansPayableToBankCurrent
892701 usd
CY2023Q2 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
675577 usd
CY2022Q4 us-gaap Long Term Loans From Bank
LongTermLoansFromBank
716723 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
263337500 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
263337500 shares
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
311714 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-1514811 usd
us-gaap Net Income Loss
NetIncomeLoss
960773 usd
us-gaap Net Income Loss
NetIncomeLoss
-2533133 usd
CY2023Q2 fil Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
263337500 shares
CY2022Q2 fil Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
263337500 shares
fil Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
263337500 shares
fil Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
263337500 shares
CY2023Q2 fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
0.001
CY2022Q2 fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.006
fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
0.004
fil Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
-0.001
CY2023Q2 fil Joint Venture Property Plant And Equipment Net
JointVenturePropertyPlantAndEquipmentNet
2028 usd
CY2022Q4 fil Joint Venture Property Plant And Equipment Net
JointVenturePropertyPlantAndEquipmentNet
2586 usd
CY2023Q2 fil Joint Venture Other Receivables And Prepaid
JointVentureOtherReceivablesAndPrepaid
9329 usd
CY2022Q4 fil Joint Venture Other Receivables And Prepaid
JointVentureOtherReceivablesAndPrepaid
9238 usd
CY2023Q2 fil Joint Venture Inventory
JointVentureInventory
875666 usd
CY2022Q4 fil Joint Venture Inventory
JointVentureInventory
1069173 usd
CY2023Q2 fil Joint Venture Cash And Cash Equivalents
JointVentureCashAndCashEquivalents
106078 usd
CY2022Q4 fil Joint Venture Cash And Cash Equivalents
JointVentureCashAndCashEquivalents
187178 usd
CY2023Q2 fil Joint Venture Total Assets
JointVentureTotalAssets
993101 usd
CY2022Q4 fil Joint Venture Total Assets
JointVentureTotalAssets
1268175 usd
CY2023Q2 fil Joint Venture Other Payable
JointVentureOtherPayable
-4298145 usd
CY2022Q4 fil Joint Venture Other Payable
JointVentureOtherPayable
-4399049 usd
CY2023Q2 fil Joint Venture Customer Deposit
JointVentureCustomerDeposit
-1009805 usd
CY2022Q4 fil Joint Venture Customer Deposit
JointVentureCustomerDeposit
-994351 usd
CY2023Q2 fil Joint Venture Total Liabilities
JointVentureTotalLiabilities
-5307950 usd
CY2022Q4 fil Joint Venture Total Liabilities
JointVentureTotalLiabilities
-5393400 usd
CY2023Q2 fil Joint Venture Net Liabilities
JointVentureNetLiabilities
-4314849 usd
CY2022Q4 fil Joint Venture Net Liabilities
JointVentureNetLiabilities
-4125225 usd
fil Joint Venture Revenue
JointVentureRevenue
186242 usd
fil Joint Venture Cost Of Sale
JointVentureCostOfSale
184358 usd
fil Joint Venture Gross Profit
JointVentureGrossProfit
1884 usd
fil Joint Venture Operating Expense
JointVentureOperatingExpense
-105943 usd
fil Joint Venture Depreciation
JointVentureDepreciation
544 usd
fil Joint Venture Net Loss From Operations
JointVentureNetLossFromOperations
-104603 usd
fil Joint Venture Interest Expense Income Net
JointVentureInterestExpenseIncomeNet
-107604 usd
fil Joint Venture Net Loss
JointVentureNetLoss
-212207 usd
CY2023Q2 us-gaap Short Term Lease Commitment Amount
ShortTermLeaseCommitmentAmount
0 usd

Files In Submission

Name View Source Status
0001376474-23-000415-index-headers.html Edgar Link pending
0001376474-23-000415-index.html Edgar Link pending
0001376474-23-000415.txt Edgar Link pending
0001376474-23-000415-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
scgy-20230630.htm Edgar Link pending
scgy-20230630.xsd Edgar Link pending
sc_ex31z1.htm Edgar Link pending
sc_ex32z1.htm Edgar Link pending
Show.js Edgar Link pending
scgy-20230630_def.xml Edgar Link unprocessable
scgy-20230630_cal.xml Edgar Link unprocessable
scgy-20230630_lab.xml Edgar Link unprocessable
scgy-20230630_pre.xml Edgar Link unprocessable
scgy-20230630_htm.xml Edgar Link completed