v3.25.2
Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Mar. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,217,968 $ 745,572
Prepayments and other current assets 53,461 119,271
Other receivables 30,983 29,011
Related party receivable 93,686
Assets of discontinued operations - current 17,980,969
Total current assets 1,396,098 18,874,823
Non-current assets    
Long-term investment 13,159,074 1,841,055
Property and equipment, net 35,115 53,935
Operating Right-of-use asset, net 100,621
Long-term Related party receivable 566,853
Assets of discontinued operations – non-current 15,553,270
Total non-current assets 13,861,663 17,448,260
TOTAL ASSETS 15,257,761 36,323,083
Current liabilities    
Taxes payable 221,393 193,477
Amounts due to related parties 73,159 52,936
Accrued expenses 516,613 106,477
Operating Lease Liability-current 100,621
Bond due to related parties 600,000
Liabilities of discontinued operations - current 1,221,120
Total current liabilities 1,511,786 1,574,010
Non-current liabilities    
Liabilities of discontinued operations – non-current 13,250,516
Total non-current liabilities 13,250,516
TOTAL LIABILITIES 1,511,786 14,824,526
COMMITMENTS AND CONTIGENCIES
SHAREHOLDERS’ EQUITY:    
Ordinary shares, par value $0.0002 per share, 500,000,000 shares authorized; 15,929,451 and 15,449,451 shares issued and outstanding as of March 31, 2025 and March 31, 2024, respectively 3,186 3,090
Additional paid-in capital 17,872,227 19,055,297
Statutory reserve 40,590 745,590
(Accumulated deficit)/Retained earnings (4,232,288) 3,389,754
Accumulated other comprehensive (loss)/income 62,260 (1,695,174)
TOTAL SHAREHOLDERS’ EQUITY 13,745,975 21,498,557
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 15,257,761 $ 36,323,083