SEGMENT REPORTING

12 Months Ended

Dec. 31, 2021

NOTE 11 – SEGMENT REPORTING

The geographical distributions of the Company’s financial information for the years ended December 31, 2021 and 2020 were as follows:

	For the Years ended December 31,
Geographic Areas	2021			2020
Revenue
PRC		611,328			238,587
USA		-			-
Total Revenue	$	611,328		$	238,587

Income (Loss) from Operations
PRC	$	(114,699	)	$	5,877
USA		91,036			(102,947	)
Total Loss from operations	$	(23,663	)	$	(97,070	)

Net Income (Loss)
PRC	$	115,220		$	7,582
USA		(115,834	)		(173,432	)
Total Net Loss	$	(614	)	$	(165,850	)

The geographical distribution of the Company’s financial information as of December 31, 2021 and 2020 were as follows:

	For the Years ended December 31,
Geographic Areas	2021			2020
Reportable Assets
PRC		323,893			170,916
USA		44,498			47,384
Elimination		(148,187	)		(25,757	)
Total Reportable Assets	$	220,204		$	192,543

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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-Publisher FASB
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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+ Details

MAKINGORG, INC. 10-K/A