v3.24.1.1.u2
Leases
 12 Months Ended
Dec. 31, 2023
Presentation of leases for lessee [abstract]  
Leases
16. Leases
Changes in
Right-of-Use
assets as of December 31, 2023, and December 31, 2022, are as follows:
 
                                      (Unit: USD)  
As of December 31, 2023
  
Classification
   
Beginning
     
Acquisition
     
Depreciation
    
Change in
contract
     
Contract
termination
    
Loss from
translating
foreign
operations
    
Ending
  
Buildings
      104,083        276,290        (217,724 )      —         (1,589 )      (2,098 )      158,962  
Vehicles
      30,764        21,787        (26,398 )      —         —        (817 )      25,336  
  
 
 
     
 
 
     
 
 
    
 
 
     
 
 
    
 
 
    
 
 
  
Total
      134,847        298,077        (244,122 )      —         (1,589 )      (2,915 )      184,298  
  
 
 
     
 
 
     
 
 
    
 
 
     
 
 
    
 
 
    
 
 
  
 
                                      (Unit: USD)  
As of December 31, 2022
  
Classification
   
Beginning
     
Acquisition
     
Depreciation
    
Change in
contract
     
Contract
termination
    
Loss from
translating
foreign
operations
    
Ending
  
Buildings
      304,063         24,525        (202,977 )      6,612        (6,425 )      (21,715 )      104,083  
Vehicles
      55,480        —         (21,004 )      —         —        (3,712 )      30,764  
  
 
 
     
 
 
     
 
 
    
 
 
     
 
 
    
 
 
    
 
 
  
Total
      359,543        24,525        (223,981 )      6,612        (6,425 )      (25,427 )      134,847  
  
 
 
     
 
 
     
 
 
    
 
 
     
 
 
    
 
 
    
 
 
  
Changes in lease liabilities as of December 31, 2023, and December 31, 2022, are as follows:
 
                                             (Unit: USD)  
As of December 31, 2023
  
Classification
   
Beginning
     
Acquisition
     
Interest
     
Payments
    
Change in
contract
     
Contract
termination
    
Loss from
transacting
foreign
operations
    
Ending
  
Liabilities
      133,182        281,854        16,033        (247,419 )      —         (1,510 )      (2,903 )      179,237  
 
                                             (Unit: USD)  
As of December 31, 2022
  
Classification
   
Beginning
     
Acquisition
     
Interest
     
Payments
    
Change in
contract
     
Contract
termination
    
Loss from
transacting
foreign
operations
    
Ending
  
Liabilities
      350,973        21,801        15,601        (231,156 )      6,305        (5,555 )      (24,787 )      133,182  
Amount recognized of profit or loss in relation to the lease is as follows:
 
            (Unit: USD)  
Classification
   
For the year
ended 2023
     
For the year
ended 2022
  
Right-of-Use
assets
      
Buildings
      217,724        202,977  
Vehicles
      26,398        21,004  
Subtotal
      244,122        223,981  
Interest expense relating to lease liabilities
      16,033        15,601  
Expense relating to leases of
low-value
assets that are not short-term leases
      23,011        16,572  
Expense relating to short-term leases
      276,400        117,784  
Miscellaneous loss (profit)
      (90 )       (54 ) 
  
 
 
     
 
 
  
Subtotal
      315,354        149,903  
  
 
 
     
 
 
  
Total
      559,476        373,884  
  
 
 
     
 
 
  
 
The total cash payments for leases for the twelve months ended December 31, 2023, and 2022, are as follows:
 
            (Unit: USD)  
Classification
   
For the year
ended 2023
     
For the year
ended 2022
  
Repayments of lease (Cash Flow)
      247,419        231,156  
Expense relating to leases of
low-value
assets that are not short-term leases
      23,011        16,572  
Expense relating to short-term leases
      276,400        117,784  
  
 
 
     
 
 
  
Total Cash payments for leases
      546,830        365,512