SEGMENT INFORMATION (Details) - USD ($) |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
SEGMENT INFORMATION | |||||
Net revenues | $ 1,642,693 | $ 4,448,410 | $ 11,430,479 | $ 6,348,124 | |
Cost of revenues | (623,377) | (3,759,381) | (10,512,301) | (5,666,227) | |
Gross profit (loss) | 1,019,316 | 689,029 | 918,178 | 681,897 | |
Operating expenses | (255,988) | (353,624) | (602,529) | (671,479) | |
General and administrative expenses | (915,091) | (684,614) | (1,522,961) | (1,375,431) | |
Operating profit (loss) | (151,763) | (349,209) | (1,207,312) | (1,365,013) | |
Other income (expenses) | |||||
Interest income | 56,471 | 67,201 | 40,020 | 121,898 | |
Interest expense | (447,682) | (562,698) | (862,329) | (1,126,174) | |
Other income, Net | 2,557,036 | (3,271,230) | 1,798,091 | (6,545,190) | |
Total other Income (loss) | 2,165,825 | (3,766,727) | 975,782 | (7,549,466) | |
Income (loss) before income taxes | 2,014,062 | (4,115,936) | (231,530) | (8,914,479) | |
Income tax | (276,656) | (169,070) | (278,541) | (169,216) | |
Net income (loss) | 1,737,406 | (4,285,006) | (510,071) | (9,083,695) | |
Total assets | 165,096,691 | 165,096,691 | $ 174,699,505 | ||
Operating Segments | |||||
SEGMENT INFORMATION | |||||
Net revenues | 1,642,693 | 4,448,410 | |||
Cost of revenues | (623,377) | (3,759,381) | |||
Gross profit (loss) | 1,019,316 | 689,029 | |||
Operating expenses | (255,988) | (353,624) | |||
General and administrative expenses | (915,091) | (684,614) | |||
Operating profit (loss) | (151,763) | (349,209) | |||
Other income (expenses) | |||||
Interest income | 56,471 | 67,201 | |||
Interest expense | (447,682) | (562,698) | |||
Other income, Net | 2,557,036 | (3,271,230) | |||
Total other Income (loss) | 2,165,825 | (3,766,727) | |||
Income (loss) before income taxes | 2,014,062 | (4,115,936) | |||
Income tax | (276,656) | (169,070) | |||
Net income (loss) | 1,737,406 | (4,285,006) | |||
Real estate property under development | 55,803,692 | 83,502,785 | 55,803,692 | 83,502,785 | |
Total assets | 165,096,691 | 195,803,472 | 165,096,691 | 195,803,472 | |
Property Brokerage Services | Operating Segments | |||||
SEGMENT INFORMATION | |||||
Net revenues | 80,894 | 91,122 | 147,596 | 129,105 | |
Cost of revenues | (243,785) | (195,371) | (396,641) | (325,575) | |
Gross profit (loss) | (162,892) | (104,249) | (249,046) | (196,469) | |
Operating expenses | (122,180) | (83,789) | (179,511) | (185,773) | |
General and administrative expenses | (448,125) | (229,379) | (730,516) | (437,009) | |
Operating profit (loss) | (733,197) | (417,417) | (1,159,073) | (819,251) | |
Other income (expenses) | |||||
Interest income | 48,342 | 58,964 | 27,137 | 26,262 | |
Interest expense | 0 | 0 | 0 | 0 | |
Other income, Net | (262,894) | (197,345) | 0 | 0 | |
Total other Income (loss) | (214,552) | (138,381) | 27,137 | 26,262 | |
Income (loss) before income taxes | (947,749) | (555,799) | (1,131,936) | (792,989) | |
Income tax | 0 | 0 | 0 | 0 | |
Net income (loss) | (947,749) | (555,799) | (1,131,936) | (792,989) | |
Real estate property under development | 0 | 0 | 0 | 0 | |
Total assets | 11,417,363 | 12,282,871 | 11,417,363 | 12,282,871 | |
Real Estate Development | Operating Segments | |||||
SEGMENT INFORMATION | |||||
Net revenues | 1,561,799 | 4,357,288 | 11,282,883 | 6,219,019 | |
Cost of revenues | (379,592) | (3,564,010) | (10,115,660) | (5,340,652) | |
Gross profit (loss) | 1,182,208 | 793,278 | 1,167,224 | 878,366 | |
Operating expenses | (133,808) | (269,835) | (423,018) | (485,706) | |
General and administrative expenses | (461,132) | (449,401) | (525,836) | (564,545) | |
Operating profit (loss) | 587,268 | 74,042 | 218,370 | (171,885) | |
Other income (expenses) | |||||
Interest income | 6,613 | 6,721 | 12,613 | 15,748 | |
Interest expense | (447,682) | (562,698) | (862,329) | (1,126,174) | |
Other income, Net | 71,649 | 6,100 | 49,724 | 3,361 | |
Total other Income (loss) | (369,420) | (549,877) | (799,992) | (1,107,065) | |
Income (loss) before income taxes | 217,848 | (475,835) | (581,622) | (1,278,950) | |
Income tax | (276,656) | (169,070) | (278,541) | (169,216) | |
Net income (loss) | (58,808) | (644,905) | (860,163) | (1,448,166) | |
Real estate property under development | 55,803,692 | 83,502,785 | 55,803,692 | 83,502,785 | |
Total assets | 87,496,760 | 113,291,506 | 87,496,760 | 113,291,506 | |
Investment Transaction | Operating Segments | |||||
SEGMENT INFORMATION | |||||
Net revenues | 0 | 0 | 0 | 0 | |
Cost of revenues | 0 | 0 | 0 | 0 | |
Gross profit (loss) | 0 | 0 | 0 | 0 | |
Operating expenses | 0 | 0 | 0 | 0 | |
General and administrative expenses | 0 | 0 | 0 | 0 | |
Operating profit (loss) | 0 | 0 | 0 | 0 | |
Other income (expenses) | |||||
Interest income | 0 | 0 | 0 | 0 | |
Interest expense | 0 | 0 | 0 | 0 | |
Other income, Net | 2,748,281 | (3,079,985) | 12,104 | 31,078 | |
Total other Income (loss) | 2,748,281 | (3,079,985) | 12,104 | 31,078 | |
Income (loss) before income taxes | 2,748,281 | (3,079,985) | 12,104 | 31,078 | |
Income tax | 0 | 0 | 0 | 0 | |
Net income (loss) | 2,748,281 | (3,079,985) | 12,104 | 31,078 | |
Real estate property under development | 0 | 0 | 0 | 0 | |
Total assets | 35,556,470 | 31,064,753 | 35,556,470 | 31,064,753 | |
Others | Operating Segments | |||||
SEGMENT INFORMATION | |||||
Net revenues | 0 | 0 | 0 | 0 | |
Cost of revenues | 0 | 0 | 0 | 0 | |
Gross profit (loss) | 0 | 0 | 0 | 0 | |
Operating expenses | 0 | 0 | 0 | 0 | |
General and administrative expenses | (5,834) | (5,834) | (266,609) | (373,877) | |
Operating profit (loss) | (5,834) | (5,834) | (266,609) | (373,877) | |
Other income (expenses) | |||||
Interest income | 1,516 | 1,516 | 270 | 79,888 | |
Interest expense | 0 | 0 | 0 | 0 | |
Other income, Net | 0 | 0 | 1,736,263 | (6,579,629) | |
Total other Income (loss) | 1,516 | 1,516 | 1,736,533 | (6,499,741) | |
Income (loss) before income taxes | (4,318) | (4,318) | 1,469,924 | (6,873,618) | |
Income tax | 0 | 0 | 0 | (13,900) | |
Net income (loss) | (4,318) | (4,318) | 1,469,924 | (6,887,518) | |
Real estate property under development | 0 | 0 | 0 | 0 | |
Total assets | $ 30,626,098 | $ 39,164,342 | $ 30,626,098 | $ 39,164,342 |
X | ||||||||||
- Definition Amount of interest expenses classified as nonoperating. No definition available.
|
X | ||||||||||
- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
|
X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition For banks, amount of real estate assets held for development or sale by the consolidated entity. No definition available.
|
X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|