v3.25.2
Concentrations
 6 Months Ended
Mar. 31, 2025
Concentrations [Abstract]  
CONCENTRATIONS

Note 3 CONCENTRATIONS

 

Credit risk

 

Credit risk is the risk that an issuer or counterparty will be unable or unwilling to meet a commitment (including the payment of amounts arising from derivative contracts) in full when due, that the issuer or counterparty have entered into with the Company. Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. The bank accounts are not insured by Federal Deposit Insurance Corporation (“FDIC”) insurance or other insurance. As of March 31, 2025 and September 30, 2024, $4,031 and $293,804 were deposited in banks located in Hong Kong, respectively.

 

Concentration risk

 

Concentration of customers

 

   For the six months ended March 31, 
Revenues  2025   %   2024   % 
   (Unaudited)       (Unaudited)     
Company A   *    *    250,000    50.24 
Company B   *    *    209,974    42.19 
Company N   287    100.00    11,685    2.34 
   $287    100.00   $459,974    92.43 

Accounts receivable

  As of
March 31,
2025		   %   As of September 30,
2024		   % 
   (Unaudited)       (Unaudited)     
Company H   4,009    31.18    4,155    31.95 
Company I   8,849    68.82    8,849    68.05 
   $12,858    100.00   $13,004    100.00 
*represents the % is below 10% which is not presented.