v3.25.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Mar. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of MGSD’s Subsidiaries

MGSD’s subsidiaries as of March 31, 2025 are listed as follows:

 

Name  Place of Incorporation  Attributable
equity
interest %		  Authorized
capital		 
Maitong Sunshine Cultural Development Co., Limited  Samoa  100  USD 1,000,000 
Maitong Sunshine Cultural Development Co., Limited  Hong Kong  100  HKD 10,000 
Beijing Tongzhilian Cultural Development Co., Ltd  China  100  HKD 1,000,000 
Schedule of Exchange Rates Used for Foreign Currency Translation

The exchange rates used for foreign currency translation are as follows:

 

      For the Three Months Ended
March 31,		   For the Six Months Ended
March 31,		 
      2025   2024   2025   2024 
       (USD to RMB/
USD to HKD)		    (USD to RMB/
USD to HKD)		    (USD to RMB/
USD to HKD)		    (USD to RMB/
USD to HKD)		 
Assets and liabilities  period end exchange rate   7.2579/7.7793    7.2221/7.8253    7.2579/7.7793    7.2221/7.8253 
Revenue and expenses  period weighted average   7.2725/7.7801    7.1602/7.8203    7.2323/7.7772    7.1828/7.8170 
Schedule of Major Customers and Suppliers For the six months ended March 31, 2024, the Company had 4 major customers that each accounted for over 10% of its total revenue.
   For the Six Months Ended
March 31, 2025		   For the Six Months Ended
March 31, 2024		 
   Revenue   Percentage of
revenue		   Revenue   Percentage of
revenue		 
                 
Customer A  $
        -
    
       -
   $52,380    20%
Customer B   
-
    
-
    41,651    16%
Customer C   
-
    
-
    34,461    13%
Customer D   
-
    
-
    27,569    10%
For the three months ended March 31, 2024, the Company had 4 major customers that each accounted for over 10% of its total revenue.
   For the Three Months Ended
March 31, 2025		   For the Three Months Ended
March 31, 2024		 
   Revenue   Percentage of
revenue		   Revenue   Percentage of
revenue		 
                 
Customer A  $
         -
    
          -
   $52,524    37%
Customer B   
-
    
-
    34,555    25%
Customer C   
-
    
-
    24,880    18%
Customer D   
-
    
-
    19,351    14%

For the six months ended March 31, 2025 and 2024, the Company had 1 major supplier in each year that accounted for over 10% of its total cost of revenue.

 

   For the Six Months Ended
March 31, 2025		   For the Six Months Ended
March 31, 2024		 
   Cost of
Revenue		   Percentage of
Cost of
revenue		   Cost of
Revenue		   Percentage of
Cost of
revenue		 
                 
Supplier A  $
472,593
    
69
%  $
-
    
-
 
Supplier B   
-
    
-
    
160,564
    
99
%

 

For the three months ended March 31, 2025 and 2024, the Company had 2 and 1 major supplier in each year that accounted for over 10% of its total cost of revenue.

 

   For the Three Months Ended
March 31, 2025		   For the Three Months Ended
March 31, 2024		 
   Cost of
Revenue		   Percentage of
Cost of
revenue		   Cost of
Revenue		   Percentage of
Cost of
revenue		 
                 
Supplier A  $
-
    
-
   $85,439    99%
Supplier B   24,473    55%   
-
    
-
 
Supplier C   5,512    12%   
-
    
-