v3.25.2
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of MGSD’s Subsidiaries

MGSD’s subsidiaries as of June 30, 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   RMB 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
June 30,		   For the Nine Months Ended
June 30,		 
      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   7.1586/7.8498    7.2675/7.8081    7.1586/7.8498    7.2675/7.8081 
Revenue and expenses  period weighted average   7.1828/7.7849     7.2407/7.8175    7.2725/7.7801    7.2020/7.8172 
Schedule of Major Customers and Suppliers For the nine months ended June 30, 2024, the Company had 3 major customers that each accounted for over 10% of its total revenue.
   For the Nine Months Ended
June 30, 2025		   For the Nine Months Ended
June 31, 2024		 
   Revenue   Percentage of
revenue		   Revenue   Percentage of
revenue		 
                 
Customer A  $
       -
    
     -
   $154,462    29%
Customer B   
-
    
-
    129,220    25%
Customer C   
-
    
-
    52,380    10%
For the three months ended June 30, 2024, the Company had 2 major customers that each accounted for over 10% of its total revenue.
   For the Three Months Ended
June 30, 2025		   For the Three Months Ended
June 30, 2024		 
   Revenue   Percentage of
revenue		   Revenue   Percentage of
revenue		 
                 
Customer A  $
     -
    
     -
   $129,220    50%
Customer B   
-
    
-
    112,811    43%

For the nine months ended June 30, 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 Nine Months Ended
June 30, 2025		   For the Nine Months Ended
June 30, 2024		 
   Cost of
Revenue		   Percentage of
Cost of
revenue		   Cost of
Revenue		   Percentage of
Cost of
revenue		 
                 
Supplier A  $545,186    70%  $160,564    64%
Supplier B   
-
    
-
    73,335    29%

 

For the three months ended June 30, 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
June 30, 2025		   For the Three Months Ended
June 30, 2024		 
   Cost of
Revenue		   Percentage of
Cost of
revenue		   Cost of
Revenue		   Percentage of
Cost of
revenue		 
                 
Supplier A  $
-
    
-
   $       
Supplier B   24,985    53%   73,335    81%
Supplier C   6,014    13%   
-
    
-