v3.26.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current assets:    
Cash $ 3,054,870 $ 846,409
Restricted cash 238,702
Notes receivable 2,440,449 1,805,140
Advances to suppliers, net 1,017,547 286,507
Amount due from a related party 136,416
Other current assets, net 4,917,916 2,253,850
Total current assets 27,096,578 19,680,929
Non-Current assets:    
Property, plant and equipment, net 1,255,061 461,205
Operating lease right of use assets, net 1,464,823 1,795,668
Deferred offering costs 881,862
Deferred tax assets, net 72,699 40,949
Other non-current assets 2,390,660 1,920,878
Total non-current assets 5,183,243 5,100,562
Total assets 32,279,821 24,781,491
Current liabilities:    
Bank and other borrowings, current 5,038,996 3,766,634
Accounts payable 4,575,704 4,877,717
Contract liabilities 3,233,089 117,191
Amounts due to related parties 203,695
Operating lease liabilities, current 618,229 451,363
Income taxes payable 715,998 850,308
Dividends payable 647,061 1,072,040
Other current liabilities 1,019,455 777,550
Total current liabilities 15,848,532 12,116,498
Non-current liabilities:    
Bank and other borrowings, non-current 524,016
Operating lease liabilities, non-current 713,078 1,198,905
Total non-current liabilities 1,237,094 1,198,905
Total liabilities 17,085,626 13,315,403
Commitments and contingencies (Note 17)
Shareholders’ equity:    
Preferred shares, par value $0.0001 each, 50,000,000 shares authorized, 1,000,000 issued and outstanding as of March 31, 2026 and 2025 100 100
Ordinary Shares, par value $0.0001 each, 450,000,000 shares authorized, 12,832,000 and 10,417,000 issued and outstanding as of March 31, 2026 and 2025, respectively 1,284 1,042
Additional paid-in capital 12,463,308 8,040,388
Statutory reserve 962,302 888,085
Retained earnings 1,993,488 3,219,808
Accumulated other comprehensive loss (226,287) (683,335)
Total Shareholders’ Equity 15,194,195 11,466,088
Total liabilities and shareholders’ equity 32,279,821 24,781,491
Third Parties [Member]    
Current assets:    
Accounts receivable 15,077,876 13,679,559
Contract assets 35,951 31,709
Related Party [Member]    
Current assets:    
Accounts receivable 310,875 641,339
Contract assets $ 2,392