Note
4 – Advances to suppliers, net
Advances
to suppliers, net, consisted of the following:
Schedules
of advances
to suppliers, net
| | |
| | |
| |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Advances to suppliers, gross | |
$ | 1,034,577 | | |
$ | 286,507 | |
| Less: allowance for expected credit losses | |
| (17,030 | ) | |
| - | |
| Advances to suppliers, net | |
$ | 1,017,547 | | |
$ | 286,507 | |
The
movement of the allowance for expected credit losses for advances to suppliers was as follows:
Schedules
of allowance for expected credit losses for advances to suppliers
| | |
| | |
| | |
| |
| | |
For the years ended March 31, | |
| | |
2026 | | |
2025 | | |
2024 | |
| | |
| | |
| | |
| |
| Balance at the beginning of year | |
$ | - | | |
$ | - | | |
$ | - | |
| Recognized during the year | |
| 16,541 | | |
| - | | |
| - | |
| Exchange realignment | |
| 489 | | |
| - | | |
| - | |
| Balance at the end of year | |
$ | 17,030 | | |
$ | - | | |
$ | - | |
|