| Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
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Loss for the year | -17,968,598 | -104,405 | -5,667,417 | -37,215,483 |
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Share-based compensation | 1 | 1 | 700,250 | 4 |
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Finance cost | 96,444 | 67,203 | 62,383 | 58,726 |
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Interest income | - | 62,538 | 54,544 | 33,717 |
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Depreciation of property, plant and equipment & investment property | - | 671,262 | 771,130 | 757,516 |
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Amortization of intangible assets | - | - | - | 14,958 |
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Amortization of prepayments and premiums paid under operating leases | - | - | - | 81,474 |
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Provision/ (reversal) of inventory obsolescence | 196,124 | -145,747 | -42,884 | 1,283 |
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Bad debt provision of trade receivables | - | - | - | 6 |
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Loss/(gain) on disposal of property, plant and equipment | 940 | -2,093 | 45,807 | 97,378 |
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Provision of impairment loss in property, plant and equipment & investment property | - | - | - | 3 |
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Gain on disposal of subsidiary | - | - | - | -30,642 |
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Operating cash flows before movements in working capital | -1,477,448 | 3 | -1,742,186 | -22,839,055 |
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(Increase)/ decrease in trade and other receivables | 2 | -3,554,014 | -2,492,940 | -3,284,084 |
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(Increase)/ decrease in inventories | 294,204 | -219,210 | -267,472 | 547,593 |
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Prepayments and premiums paid under operating leases | - | - | - | -3,411 |
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Increase/ (decrease) in trade and other payables | 2,036 | -641,494 | -579,948 | 515,003 |
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Increase/ (decrease) in income tax payable | - | 259,855 | 92,321 | 175,469 |
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(Increase)/ decrease in deferred tax assets | -5,422,119 | 124,274 | 2 | -17,463,604 |
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NET CASH USED IN OPERATING ACTIVITIES | -3,703,353 | -558,804 | -6,520,790 | -7,775,819 |
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Interest received | 71,693 | 62,538 | 54,544 | 33,717 |
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Cash from disposal of a subsidiary | - | - | - | 6,612 |
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Proceeds on disposal of property, plant and equipment | - | - | 15,704 | 5,400 |
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Purchase of property, plant and equipment | 18,761 | -269,975 | 24,198 | 3 |
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NET CASH FROM INVESTING ACTIVITIES | 52,932 | 332,513 | 607,474 | -3,279,171 |
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Interest paid | 96,444 | 67,203 | 62,383 | 58,726 |
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New bank loans raised | 1 | 1 | 2 | - |
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Repayment of borrowings | 2 | 1 | 2 | - |
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Advance from related party | - | - | - | 117,697 |
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Preferred stock subscription | - | - | - | 7 |
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NET CASH FROM FINANCING ACTIVITIES | -256,870 | 57,089 | 846,854 | 7 |
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NET DECREASE IN CASH AND CASH EQUIVALENTS | -3,907,291 | -169,202 | -5,066,462 | -4,096,019 |
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Effects of currency translation | -1,117,062 | -236,423 | 1 | 389,643 |
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