Jialijia Group Corp Ltd

CIK:0001659559|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Details
Net revenue	$ 0	$ 0
Cost of revenue	0	0
Gross profit	0	0
General and administrative expenses	62,848	17,194
Goodwill impairment	0	0
Fixed assets impairment	0	0
Total operating expense	62,848	17,194
Loss from operations	(62,848)	(17,194)
Provision for income tax	0	0
Net loss	(62,848)	(17,194)
Net loss attributable to noncontrolling interest	(3,472)	(979)
Net loss attributable to the Jialijia Group Corporation Ltd	(59,376)	(16,215)
Net loss	(62,848)	(17,194)
Other comprehensive income (loss)
Foreign currency translation gain (loss)	(404,461)	12,141
Comprehensive loss	(404,461)	(5,053)
Comprehensive loss attributable to noncontrolling interest	(114,790)	(2,437)
Comprehensive loss attributable to Jialijia Group Corporation Ltd	$ (289,671)	$ (7,490)
Net Loss Per Common Share
Net loss per common share - basic and diluted	$ (0.01)	$ (0.03)
Weighted average shares outstanding
Basic and diluted	4,492,603	647,705

Statements of Cash Flows - USD ($)	3 Months Ended
Statements of Cash Flows - USD ($)	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (62,848)	$ (17,194)
Adjustments to reconcile net loss to net cash provided by operating activities
Other comprehensive income	(404,461)	0
Prepaid expenses and other receivables	26,658	0
Inventory	44,279	0
Accrued expenses and other payable	2,528	8,092
Net cash used in operating activities	(393,844)	(9,102)
Net Cash Provided by (Used in) Investing Activities
Intangible Assets	0	0
Net Cash Provided by (Used in) Investing Activities	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Due (from) to related parties	394,705	9,105
Net cash provided by financing activities	394,705	9,105
EFFECT OF EXCHANGE RATE CHANGE ON CASH AND CASH EQUIVALENTS	0	(56)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	861	(53)
CASH AND CASH EQUIVALENTS, BEGINING BALANCE	823	13,933
CASH AND CASH EQUIVALENTS, ENDING BALANCE	1,684	13,880
SUPPLEMENTAL DISCLOSURES
Income tax paid	0	0
Interest paid	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 1,684	$ 823
Prepaid expenses and other receivables	487,342	514,000
Due from related party	1,292,699	1,820,586
Inventory	0	44,279
Total Current Assets	1,781,725	2,379,688
Intangible Assets	1,490,302	1,490,302
Total Assets	3,272,027	3,869,990
Current Liabilities
Accrued expenses	167,111	89,114
Due to related parties	3,221,934	3,355,116
Other current liabilities	0	75,469
Total Current Liabilities	3,389,045	3,519,699
Total Liabilities	3,389,045	3,519,699
Deficit
Common stock, $.001 par value, 1,000,000,000 shares authorized, 4,858,784 and 647,705 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively	4,858	4,858
Additional paid-in capital	2,747,437	2,747,437
Subscribed stock	295,655	295,655
Treasury stock	(120,000)	(120,000)
Accumulated deficit	(5,249,120)	(5,189,744)
Accumulated other comprehensive loss	3,172,186	3,461,856
Total Stockholders' Deficit	851,016	1,200,062
Total Liabilities and Deficit	3,272,027	3,869,990
Noncontrolling interests	(968,034)	(849,772)
Total Deficit	$ (117,018)	$ 350,290