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Document and Entity Information - shares | 9 Months Ended | |
---|---|---|
Sep. 30, 2020 | Nov. 16, 2020 | |
Cover [Abstract] | ||
Entity Registrant Name | Greenpro Capital Corp. | |
Entity Central Index Key | 0001597846 | |
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2020 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Entity Reporting Status Current | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business Flag | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 59,203,333 | |
Document Fiscal Period Focus | Q3 | |
Document Fiscal Year Focus | 2020 |
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Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Greenpro Capital Corp..
Greenpro Capital Corp.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:
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Greenpro provides a range of services as a package solution to our clients, which we believe can assist our clients in reducing their business costs and improving their revenues.
One of our venture capital business segments is focused on (1) establishing a business incubator for start-up and high growth companies to support such companies during critical growth periods, which will include education and support services, and (2) searching the investment opportunities in selected start-up and high growth companies, which may generate significant returns to the Company.
For the nine months ended September 30, 2020, non-cash adjustments totaled $452,840, which was mostly composed of non-cash expenses of depreciation and amortization of $193,510 and amortization of right-of-use assets of $199,878, provision for bad debts of $40,710, fair value of shares issued for marketing expense of $35,000 and change in fair value of derivative liabilities of $28,149, and offset by non-cash income of a gain of sale of real estate held for sale of $43,104 and a gain on disposal of other investments of $875.
For the three months ended September 30, 2020 and 2019, the Company recorded net income attributable to a noncontrolling interest of $24,162 and net loss attributable to the noncontrolling interests of $23,295, respectively.
For the nine months ended September 30, 2020 and 2019, the Company recorded net income attributable to a noncontrolling interest of $28,424 and net loss attributable to the noncontrolling interests of $63,122, respectively.
Significant accounting estimates include certain...Read more
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The decrease of $1,419,490 was...Read more
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Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Greenpro Capital Corp. provided additional information to their SEC Filing as exhibits
Ticker: GRNQ
CIK: 1597846
Form Type: 10-Q Quarterly Report
Accession Number: 0001493152-20-021442
Submitted to the SEC: Mon Nov 16 2020 8:46:39 AM EST
Accepted by the SEC: Mon Nov 16 2020
Period: Wednesday, September 30, 2020
Industry: Computer Processing And Data Preparation