| Accounts Receivables, net |
5.
Accounts Receivables, net
| | |
As of
December 31, | | |
As of
June 30, | |
| | |
2025 | | |
2025 | |
| | |
US$ | | |
US$ | |
| | |
| | |
| |
| Less than 6 months | |
| 2,764,408 | | |
| 3,030,000 | |
| More than 6 months but less than 1 year | |
| 1,801,126 | | |
| - | |
| | |
| | | |
| | |
| More than 1 year | |
| 28,500 | | |
| 378,626 | |
| | |
| | | |
| | |
| | |
| 4,594,034 | | |
| 3,408,626 | |
| | |
| | | |
| | |
| Allowance for credit losses | |
| (194,363 | ) | |
| (189,313 | ) |
| Total | |
| 4,399,671 | | |
| 3,219,313 | |
The
roll forward schedule of accounts receivable allowance is as follows:
| | |
Amount | |
| | |
US$ | |
| | |
| |
| Balance as of July 1, 2024 | |
| - | |
| Addition | |
| (190,786 | ) |
| | |
| | |
| Write off | |
| - | |
| Effect of exchange rate difference | |
| 1,473 | |
| Balance as of June 30, 2025 | |
| (189,313 | ) |
| | |
| | |
| Addition | |
| (3,423 | ) |
| Write off | |
| - | |
| | |
| | |
| Effect of exchange rate difference | |
| (1,627 | ) |
| Balance as of December 31, 2025 | |
| (194,363 | ) |
As
of December 31, 2025 and June 30,2025, US$194,363 and US$189,313 allowance for credit losses expense was recognized against its accounts
receivable, respectively.
|
5.
Accounts Receivables, net
| | |
As of June 30, | |
| | |
2025 | | |
2024 | | |
2023 | |
| | |
US$ | | |
US$ | | |
US$ | |
| Less than 6 months | |
| 3,030,000 | | |
| 540,000 | | |
| - | |
| More than 6 months but less than 1 year | |
| - | | |
| - | | |
| - | |
| More than 1 year | |
| 378,626 | | |
| - | | |
| - | |
| | |
| 3,408,626 | | |
| 540,000 | | |
| - | |
| Allowance for credit losses | |
| (189,313 | ) | |
| - | | |
| - | |
| | |
| | | |
| | | |
| | |
| Total | |
| 3,219,313 | | |
| 540,000 | | |
| - | |
The
roll forward schedule of accounts receivable allowance is as follows:
| | |
Amount | |
| | |
US$ | |
| | |
| |
| Balance as of June 30, 2022 | |
| - | |
| Addition | |
| - | |
| Write off | |
| - | |
| Effect of exchange rate difference | |
| - | |
| Balance as of June 30, 2023 | |
| - | |
| Addition | |
| - | |
| Write off | |
| - | |
| Effect of exchange rate difference | |
| - | |
| Balance as of June 30, 2024 | |
| - | |
| Addition | |
| (190,786 | ) |
| Write off | |
| - | |
| Effect of exchange rate difference | |
| 1,473 | |
| Balance as of June 30, 2025 | |
| (189,313 | ) |
As
of June 30, 2025, 2024 and 2023, US$189,313 and nil allowance for credit losses expense was recognized against its accounts receivable,
respectively.
|