v3.25.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Sep. 30, 2024
Current Assets    
Cash $ 11,587,260 $ 17,573,926
Restricted cash 316,918 883,386
Accounts receivable 569,290 296,164
Income tax recoverable 39,990
Prepaid expenses 154,411 189,190
Inventories 679,191 723,228
Other current assets 408,366 15,786
TOTAL CURRENT ASSETS 13,715,436 19,721,670
Non-current Assets    
Property, plant and equipment, net 817,247 776,740
Software, net 4,046,926 2,980,010
Operating lease right-of-use assets 505,570 593,191
Other intangible assets, net 165,235 126,913
Long-term prepaid expenses 51,910 34,750
Deferred tax assets 411,985 506,474
Investments 334,403
Insurance funds 62,824 62,679
Security deposits 189,973 199,010
TOTAL NON-CURRENT ASSETS 6,586,073 5,279,767
TOTAL ASSETS 20,301,509 25,001,437
Current Liabilities    
Accounts payable 459,222 769,067
Accrued expenses and other payables 878,760 727,363
Contingency liability 53,386 48,440
Income tax payable 1,471
Deferred income 16,326 498,975
Finance lease obligations, current 16,290 19,499
Operating lease liabilities, current 332,261 323,620
Due to related parties 2,107,605 1,991,360
Due to director 741,248 741,248
Other current liabilities 368,184 800,344
TOTAL CURRENT LIABILITIES 4,973,282 5,921,387
Non-current Liabilities    
Finance lease obligations, non-current 53,852 73,574
Operating lease liabilities, non-current 145,121 240,043
TOTAL NON-CURRENT LIABILITIES 198,973 313,617
TOTAL LIABILITIES 5,172,255 6,235,004
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; 0 issued and outstanding as of March 31, 2025 and September 30, 2024)
Common stock ($0.0001 par value, 500,000,000 shares authorized, 32,700,000 shares issued and outstanding as of March 31, 2025 and September 30, 2024) 3,270 3,270
Additional paid-in capital 103,840 103,840
Retained earnings 21,025,562 23,634,525
Accumulated other comprehensive loss (6,003,418) (4,975,202)
TOTAL SHAREHOLDERS' EQUITY 15,129,254 18,766,433
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 20,301,509 $ 25,001,437