v3.26.1
Contract Liabilities
 12 Months Ended
Oct. 31, 2025
Contract Liabilities [Abstract]  
CONTRACT LIABILITIES

NOTE 12 — CONTRACT LIABILITIES

 

For service contracts where the performance obligation is not completed, contract liabilities were recorded for any payments received in advance of the performance obligation. The payments received in advance will not be refunded and will be amortized in future when met performance obligations.

 

Contract liabilities is comprised of the following:

 

   As of 
   October 31,
 2025		   October 31,
 2024		 
Unearned franchise fee   194,753    309,315 
Customer deposit   —    16,609 
Total, net   194,753    325,924 

 

The amount of revenue recognized that was included in the contract liabilities at the beginning of the year were $325,924 and $250,549 for the years ended October 31, 2025 and 2024, respectively.

 

Unearned franchise fee comprised of the following:

 

   October 31,
 2025		   October 31,
 2024		 
Li Yi   —    7,005 
Gao Wenjing   —    31,563 
Wang Zhiya   —    23,287 
Yu Yang   58,015    — 
Wang Limin   —    12,510 
Li Jie   —    6,390 
Sheng Xidong   —    6,890 
Zhou Guixiang   —    13,626 
Wang Xuefeng   —    40,801 
   October 31,
 2025		   October 31,
 2024		 
Ge Xiaoqing   —    6,967 
Li Ruonan   —    2,309 
Meng Hao   —    7,313 
Chen Yu   —    500 
Wang Hongli   2,850    2,848 
Zhang Ying   2,964    2,964 
Liu Zonghui   —    16,359 
Liu Jie   —    41,955 
Zhu Hongjun   —    45,612 
Zhou Qianqian   —    40,416 
Zheng Tinghai   12,242    — 
Tang Sumei   26,947    — 
Jin Huazhong   34,935    — 
Shen Huaimei   56,800    — 
Total   194,753    309,315