Sino Green Land Corp.SGLA
| Dec 31,
2021 | Dec 31,
2022 | Jun 30,
2024 |
|---|
| Net loss | -143,983 | -35,659 | -798,804 |
|---|
| Depreciation | - | - | 319,369 |
|---|
| Accounts receivable | - | - | 23,942 |
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| Inventories | - | - | 466,307 |
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| Prepaid expenses and other current assets | - | - | -39,785 |
|---|
| Operating lease Right of use assets | - | - | -41,938 |
|---|
| Accounts payable | - | - | 107,466 |
|---|
| Accrued liabilities and other payable | - | - | 3,491 |
|---|
| Contract liabilities | - | - | 68,048 |
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| Operating lease liabilities | - | - | -43,322 |
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| Net cash used in operating activities | - | -47,743 | -752,278 |
|---|
| Acquisition of property and equipment | - | - | 876,102 |
|---|
| Net cash used in investing activity | - | - | -876,102 |
|---|
| Advances from related parties, net | - | 47,743 | 1 |
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| Payments on finance lease liabilities | - | - | 18,231 |
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| Principal payments of notes payable, secured | - | - | 88,412 |
|---|
| Proceeds from notes payable, unsecured | - | - | -15,552 |
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| Short term borrowing | - | - | 252,038 |
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| Net cash provided by financing activities | - | 47,743 | 1 |
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| Effect of exchange rate changes on cash and cash equivalents | - | - | 70,040 |
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| Net changes in cash and cash equivalents | - | - | -96,276 |
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| Interest paid | - | - | 81,203 |
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| Acquisition of factory building No. 5 with note payable, secured | - | - | 975,162 |
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| Acquisition of two vehicles with note payable, secured | - | - | -94,336 |
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| Liabilities assumed in connection with purchase of vehicles | - | - | 76,105 |
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