Organization and Business Description (Tables)
|
6 Months Ended |
Mar. 31, 2026 |
| Organization and Business Description [Line Items] |
|
| Schedule of Consolidated Financial Statements of the Company |
The
unaudited condensed consolidated financial statements of the Company include the following entities:
| Name of Entity | | Date of Incorporation | | Place of Incorporation | | % of Ownership | | | Principal Activities | | Jin Med | | January 14, 2020 | | Cayman Islands | | | Parent | | | Investment holding | | | | | | | | | | | | | | Zhongjin HK | | February 25, 2020 | | Hong Kong | | | 100% | | | Investment holding | | | | | | | | | | | | | | Erhua Med | | September 24, 2020 | | PRC | | | 100% | | | WFOE, Investment holding | | | | | | | | | | | | | | Changzhou Zhongjin | | January 26, 2006 | | PRC | | | VIE | | | Design, development, manufacturing and sales of wheelchair and other mobility products | | | | | | | | | | | | | | Taizhou Zhongjin | | June 17, 2013 | | PRC | | | 100% controlled subsidiary of the VIE | | | Design, development, manufacturing and sales of wheelchair and other mobility products | | | | | | | | | | | | | | Zhongjin Jing’ao | | December 18, 2014 | | PRC | | | 100% controlled subsidiary of the VIE | | | Design, development, manufacturing and sales of wheelchair and other mobility products | | | | | | | | | | | | | | Zhongjin Kangma | | August 21, 2023 | | PRC | | | 80% controlled subsidiary of the VIE | | | Sales of wheelchair and other mobility products | | | | | | | | | | | | | | Anhui Zhongjin | | October 7, 2023 | | PRC | | | 100% | | | Not in operation yet | | | | | | | | | | | | | | Zhongjin Kangma Health | | February 19, 2025 | | PRC | | | 100% controlled subsidiary of the Zhongjin Kangma | | | Newly incorporated – not in operation yet | | | | | | | | | | | | | | Guangxi Zhongjin | | December 11, 2025 | | PRC | | | 100% | | | Newly incorporated – not in operation yet |
|
| VIE [Member] |
|
| Organization and Business Description [Line Items] |
|
| Schedule of Financial Statement Amounts and Balances of the VIE and VIE’s Subsidiaries |
The
following financial statement amounts and balances of the VIE and VIE’s subsidiaries were included in the accompanying unaudited
condensed consolidated financial statements after elimination of intercompany transactions and balances:
| | |
March 31, 2026 | | |
September 30, 2025 | |
| Current assets | |
$ | 38,033,969 | | |
$ | 38,865,435 | |
| Non-current assets | |
| 1,639,611 | | |
| 1,622,787 | |
| Total assets | |
$ | 39,673,580 | | |
$ | 40,488,222 | |
| Current liabilities | |
$ | 21,887,820 | | |
$ | 23,438,856 | |
| Non-current liabilities | |
| - | | |
| - | |
| Total liabilities | |
$ | 21,887,820 | | |
$ | 23,438,856 | |
|
| Schedule of Revenue |
| | |
For the Six Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| Net revenue | |
$ | 8,919,382 | | |
$ | 9,881,505 | |
| Net (loss) income | |
$ | (197,950 | ) | |
$ | 207,608 | |
|
| Schedule of Cash Flow Statement |
| | |
For the Six Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| Net cash (used in) provided by operating activities | |
$ | (516,587 | ) | |
$ | 2,919,587 | |
| Net cash provided by (used in) investing activities | |
$ | 2,400,625 | | |
$ | (4,297,134 | ) |
| Net cash (used in) provided by financing activities | |
$ | (1,444,594 | ) | |
$ | 4,901,089 | |
|