MICROALLIANCE GROUP INC.MALG
| Dec 31,
2020 | Dec 31,
2021 |
|---|
| Cash and cash equivalents | 61,517 | 1 |
|---|
| Accounts receivable | - | 3 |
|---|
| Other receivables | 101,432 | 227,359 |
|---|
| Inventory, total | 66,037 | 14 |
|---|
| Prepayment | 133,646 | 28,370 |
|---|
| Advance to suppliers | - | 12 |
|---|
| Amount due from related parties | 142,450 | 81,690 |
|---|
| Total current assets | 505,082 | 30 |
|---|
| Leasehold improvements and equipment, net | - | 429,500 |
|---|
| Intangible assets, net | - | 95,461 |
|---|
| Operating lease right-of-use assets | 383,203 | 83,957 |
|---|
| Total non-current assets | 470,536 | 608,918 |
|---|
| Total assets | 975,618 | 31 |
|---|
| Accounts payable | 134,842 | 29,048 |
|---|
| Income tax payables | 31,774 | 1 |
|---|
| Other payables and accruals | 336,604 | 481,258 |
|---|
| Advance from customers | - | 737,515 |
|---|
| Amount due to related parties | 1 | 79,849 |
|---|
| Current operating lease liabilities | 319,697 | 69,259 |
|---|
| Total current liabilities | 2 | 3 |
|---|
| Non-current operating lease liabilities | 63,506 | 14,698 |
|---|
| Total non-current liabilities | 63,506 | 14,698 |
|---|
| Total liabilities | 2 | 3 |
|---|
| Series A Preferred Stock | - | 1,000 |
|---|
| Common Stock | 6,000 | 6,093 |
|---|
| Additional paid in capital | -15,146 | 10 |
|---|
| Foreign currency translation reserves | -54,091 | 225,508 |
|---|
| Statutory reserves | - | 3 |
|---|
| Retained earnings (Accumulated deficit) | -973,368 | 15 |
|---|
| Total equity (deficit) | -1,035,605 | 28 |
|---|
| Total liabilities and equity (deficit) | 975,618 | 31 |
|---|