| Schedule of Group’s Liquidity Risk Analysis |
The Group’s liquidity risk analysis details as of June 30, 2026
and December 31, 2025 are as follows:
| | |
June 30, 2026 | |
| | |
| | |
| | |
Remaining maturity | |
| | |
Book Value | | |
Cashflow by
contract | | |
Within
a year | | |
1 year to
3 years | | |
More than
3 years | |
| | |
| | |
| | |
| | |
| | |
| |
| Borrowings | |
$ | 5,428,648 | | |
$ | 5,479,958 | | |
$ | 5,212,019 | | |
$ | 267,939 | | |
$ | - | |
| Other Payables | |
| 9,094,278 | | |
| 9,114,230 | | |
| 9,114,230 | | |
| - | | |
| - | |
| Lease liabilities | |
| 34,137 | | |
| 41,518 | | |
| 32,112 | | |
| 9,406 | | |
| - | |
| Total | |
$ | 14,557,063 | | |
$ | 14,635,706 | | |
$ | 14,358,361 | | |
$ | 277,345 | | |
$ | - | |
| | |
December 31, 2025 | |
| | |
| | |
Remaining maturity | |
| | |
Book Value | | |
Cashflow by
contract | | |
Within
a year | | |
1 year to
3 years | | |
More than
3 years | |
| | |
| | |
| | |
| | |
| | |
| |
| Borrowings | |
$ | 4,343,276 | | |
$ | 4,388,129 | | |
$ | 4,388,129 | | |
$ | - | | |
$ | - | |
| Other Payables | |
| 8,787,983 | | |
| 8,800,013 | | |
| 8,800,013 | | |
| - | | |
| - | |
| Lease liabilities | |
| 59,512 | | |
| 66,555 | | |
| 51,223 | | |
| 15,332 | | |
| - | |
| Total | |
$ | 13,190,771 | | |
$ | 13,254,697 | | |
$ | 13,239,365 | | |
$ | 15,332 | | |
$ | - | |
|
| Schedule of Group’s Debt Ratio |
The group’s debt ratio as of June 30, 2026 and December 31, 2025
are as follows:
| | |
June 30,
2026 | | |
December 31,
2025 | |
| Net borrowings (A) | |
| | |
| |
| Borrowings | |
$ | 5,428,648 | | |
$ | 6,873,451 | |
| Lease liabilities | |
| 34,137 | | |
| 59,512 | |
| Less: cash and cash equivalents | |
| (1,499,603 | ) | |
| (1,700,273 | ) |
| | |
| 3,963,182 | | |
| 5,232,690 | |
| Total equity (B) | |
| 124,908,818 | | |
| 127,037,403 | |
| Net borrowings & Total equity (A+B) | |
| 128,872,000 | | |
| 132,270,093 | |
| | |
| | | |
| | |
| Debt ratio (A / (A+B)) | |
| 3.1 | % | |
| 4.0 | % |
|