| Condensed Balance Sheets |
| | |
As of September 30, | |
| | |
2024 | | |
2023 | |
| | |
US$ | | |
US$ | |
| Assets | |
| | |
| |
| Current assets | |
| | |
| |
| Cash | |
| 250,728 | | |
| 64 | |
| Deferred offering costs | |
| - | | |
| 47,580 | |
| Amount due from subsidiaries | |
| 6,091,355 | | |
| 3,521,756 | |
| Prepaid expenses and other current asset, net | |
| 1,487,778 | | |
| - | |
| Loan to third party | |
| 160,000 | | |
| - | |
| Total current assets | |
| 7,989,861 | | |
| 3,569,400 | |
| Total assets | |
| 7,989,861 | | |
| 3,569,400 | |
| | |
| | | |
| | |
| Liabilities | |
| | | |
| | |
| Current liabilities | |
| | | |
| | |
| Accrued expenses and other current liabilities | |
| - | | |
| 72,276 | |
| Convertible bonds | |
| 964,865 | | |
| - | |
| Amounts due to related parties | |
| 212 | | |
| 211 | |
| Total current liabilities | |
| 965,077 | | |
| 72,487 | |
| Total liabilities | |
| 965,077 | | |
| 72,487 | |
| | |
| | | |
| | |
| Shareholders’ equity | |
| | | |
| | |
| Ordinary shares (par value of US$0.00025 per share; 200,000,000 ordinary shares authorized as of September 30, 2024 and September 30, 2023, respectively; 21,500,000 and 20,000,000 ordinary shares issued and outstanding as of September 30, 2024 and 2023, respectively)* | |
| 5,375 | | |
| 5,000 | |
| Additional paid in capital | |
| 5,591,596 | | |
| 1,549,913 | |
| Statutory reserve | |
| 11,348 | | |
| 11,348 | |
| Retained earnings | |
| 1,613,217 | | |
| 2,052,553 | |
| Accumulated other comprehensive (loss) | |
| (196,752 | ) | |
| (121,901 | ) |
| Total shareholders’ equity | |
| 7,024,784 | | |
| 3,496,913 | |
| Total liabilities and shareholders’ equity | |
$ | 7,989,861 | | |
$ | 3,569,400 | |
|
| Condensed Statements of Operations and Comprehensive Loss |
| | |
For the years ended | |
| | |
September 30, | |
| | |
2024 | | |
2023 | | |
2022 | |
| | |
US$ | | |
US$ | | |
US$ | |
| | |
| | |
| | |
| |
| Income/(loss) before income taxes | |
| 150,344 | | |
| (716,678 | ) | |
| 1,452,333 | |
| Income tax (provision)/benefit | |
| (589,680 | ) | |
| 63,950 | | |
| (385,958 | ) |
| Net (loss)/income | |
| (439,336 | ) | |
| (652,728 | ) | |
| 1,066,375 | |
| Other comprehensive (loss)/income: | |
| | | |
| | | |
| | |
| Foreign currency translation difference | |
| (74,851 | ) | |
| (15,524 | ) | |
| (57,722 | ) |
| Total comprehensive (loss)/income | |
| (514,187 | ) | |
| (668,252 | ) | |
| 1,008,653 | |
|
| Condensed Statements of Cash Flows |
| | |
For the years ended | |
| | |
September 30, | |
| | |
2024 | | |
2023 | | |
2022 | |
| | |
US$ | | |
US$ | | |
US$ | |
| Cash flows from operating activities: | |
| | |
| | |
| |
| Net (loss)/income | |
| (439,336 | ) | |
| (652,728 | ) | |
| 1,066,375 | |
| Adjustments to reconcile net (loss)/income to net cash provided by operating activities: | |
| | | |
| | | |
| | |
| Equity in (income)/loss of subsidiaries | |
| (129,598 | ) | |
| 652,792 | | |
| (1,066,375 | ) |
| Prepaid expenses and other current asset, net | |
| (1,487,778 | ) | |
| - | | |
| - | |
| Net cash (used in)/provided by operating activities | |
| (2,056,712 | ) | |
| 64 | | |
| - | |
| Loan to third party | |
| (160,000 | ) | |
| - | | |
| - | |
| Net cash provided by investing activities | |
| (160,000 | ) | |
| - | | |
| - | |
| Loan to subsidiaries | |
| (3,888,998 | ) | |
| - | | |
| - | |
| Proceeds from issuance of Class A ordinary shares upon the completion of IPO | |
| 5,356,417 | | |
| - | | |
| - | |
| Proceeds from Convertible bonds | |
| 999,957 | | |
| - | | |
| - | |
| Net cash provided by financing activities | |
| 2,467,376 | | |
| - | | |
| - | |
| Net increase/decrease in cash | |
| 250,664 | | |
| 64 | | |
| - | |
| Cash at beginning of year | |
| 64 | | |
| - | | |
| - | |
| Cash at end of year | |
| 250,728 | | |
| 64 | | |
| - | |
|