MICROALLIANCE GROUP INC.MALG
Market cap
$1.1B
P/E ratio
| Dec 31, 2020 | Dec 31, 2021 | |
| Net income (loss) | - | 19 |
| Depreciation and amortization | - | 104,192 |
| Impairment of intangible assets | 77,264 | - |
| Accounts receivable | - | 2 |
| Other receivables | 16,876 | 91,537 |
| Inventories | - | -9,283,784 |
| Prepayment | - | 107,284 |
| Advance to suppliers | -436,297 | -3,919,042 |
| Accounts payable | 119,498 | -1,928,315 |
| Income tax payables | 24,208 | -132,221 |
| Other payables and accruals | - | 44,542 |
| Advance from customers | - | 396,139 |
| Amount due from/to related parties | 864,845 | -991,065 |
| Net cash provided by operating activities | 37,755 | 1 |
| Additions to leasehold improvements and equipment | 2,800 | 117,812 |
| Additions to intangible assets | - | 108,490 |
| Cash acquired from business combination | - | -48,689 |
| Net cash used in investing activities | -2,800 | -177,613 |
| Effect of exchange rate changes on cash and cash equivalents | 3,516 | 18,028 |
| Net increase in cash and cash equivalents | 38,471 | 1 |
| Right-of-use assets obtained in exchange for operating lease obligations | - | 94,486 |