v3.26.1
Income Taxes (Tables)
 6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Income Tax Disclosure [Abstract]    
Schedule of Reconciliation of the Income Tax Expense Determined at the PRC Statutory Income Tax Rate

Composition of income tax expense for the periods presented are as follows:

 

   For the Six Months Ended
December 31,		 
   2025   2024 
   US$   US$ 
Income before income tax expense   109,509    132,180 
Deferred income tax expense/(benefit)   (32,232)   - 
           
Total   77,277    132,180 

For the years ended June 30, 2025, 2024 and 2023, the income tax rate of the Group’s PRC subsidiaries is 25%.

 

   For the years ended
June 30,		 
   2025   2024   2023 
   US$   US$   US$ 
             
Current tax expense   431,139    114,958    1,767 
Deferred tax expense   -    -    - 
                
Income tax expenses   431,139    114,958    1,767 
Schedule of Reconciliation of the Income Tax Expense Determined at the PRC Statutory Income Tax Rate

Reconciliation of the income tax expense computed by applying the Hong Kong statutory profits tax rate of 16.5% to the Group’s income (loss) before income taxes for the six months ended December 31, 2024 is as follows:

 

   For the
Six Months
Ended
December 31,
2024		 
   US$ 
     
Income before income tax expense   930,459 
Hong Kong statutory profits tax rate   16.50%
Income tax at PRC statutory income tax rate   153,526 
Difference due to preferential tax   (21,346)
Income tax expense   132,180 

A reconciliation of the income tax expense determined at the PRC statutory income tax rate to the Group’s actual income tax expense is as follows:

 

   For the years ended
June 30,		 
   2025   2024   2023 
   US$   US$   US$ 
             
Income before income tax expense   1,908,945    817,562    15,789 
PRC statutory income tax rate   25%   25%   25%
Income tax at PRC statutory income tax rate   477,236    204,390    3,947 
Difference due to preferential tax   (240,772)   (89,432)   (2,180)
Difference due to discontinue subsidiary   194,675    -    - 
Income tax expense    431,139    114,958    1,767 
Schedule of Profit or Loss Before Income Tax

Composition of profit or loss before income tax for the periods presented by jurisdictions is as follows:

 

   For the Six Months Ended
December 31,		 
   2025   2024 
   US$   US$ 
Hong Kong, PRC   1,052,275    929,508 
Other jurisdictions   1,184,485    951 
           
Total   (132,210)   930,459 
  
Schedule of Reconciliation Between Statutory Tax Rate and Effective Tax Rate

In accordance with the updated requirements of ASU 2023 - 09, reconciliation between the statutory tax rate and the Group’s effective tax rate for the year ended December 31, 2025 is as follows:

 

   For the Six Months Ended
December 31, 2025
US$		 
   Amount   Percent 
         
Profit before income taxes   (132,210)     
Income tax expense computed at Hong Kong statutory profits tax rate of 16.5%   (21,816)   16.5%
Foreign tax effects   195,187    (147.6)%
Nontaxable or nondeductible items   (43,602)   33.0%
Other adjustments          
Two-tiered profits tax relief   (21,156)   16.0%
Changes in valuation allowance   (31,336)   23.7%
           
Income tax expense   77,277    (58.5)%
  
Schedule of Deferred Tax Assets and Liabilities

The Group’s deferred tax assets and liabilities consist of the following components:

 

   As of December 31, 
   2025   2024 
Deferred tax assets  US$   US$ 
Allowance against receivables   32,070    - 
Lease liability   47,697    - 
Net operating loss carry-forwards   330    - 
Less: Valuation allowance   (330)   - 
Subtotal   79,767    - 
           
Deferred tax liabilities          
Right-of-use assets   (47,470)   - 
Subtotal   (47,470)   - 
Total deferred tax assets, net   32,297    -