v3.26.1
Segment reporting (Tables)
6 Months Ended
Mar. 31, 2026
Segment reporting  
Schedule of revenue by major product categories

 

 

For the Six Months Ended

March 31,

 

 

 

2026

 

 

2025

 

Revenue recognition at a point in time

 

(unaudited)

 

 

(unaudited)

 

Sales of agricultural products

 

 

 

 

 

 

Shiitake

 

$1,854,057

 

 

$6,668,963

 

Mu Er

 

 

1,846,572

 

 

 

5,255,756

 

Other products

 

 

-

 

 

 

29,109

 

Agricultural products trading business

 

 

 

 

 

 

 

 

Corn

 

 

-

 

 

 

782,946

 

Logistic services

 

 

 

 

 

 

 

 

Operation services

 

 

210,096

 

 

 

684,444

 

Special work order services

 

 

588,887

 

 

 

205,573

 

Sub-total

 

 

4,499,612

 

 

 

13,626,791

 

Revenue recognition over time

 

 

 

 

 

 

 

 

Logistic services

 

 

 

 

 

 

 

 

Outbound delivery services

 

 

1,288,398

 

 

 

2,407,024

 

Storage services

 

 

606,703

 

 

 

110,494

 

Total

 

$6,394,713

 

 

$16,144,309

 

 

 

For the Six Months Ended

March 31,

 

 

 

2026

 

 

2025

 

 

 

(unaudited)

 

 

(unaudited)

 

Products revenue

 

$3,700,629

 

 

$12,736,774

 

Services revenue

 

 

2,694,084

 

 

 

3,407,535

 

Total

 

$6,394,713

 

 

$16,144,309

 

Schedule of revenue by geographical segment

For the Six Months Ended

March 31,

2026

2025

(unaudited)

(unaudited)

PRC

$3,700,629$12,736,774

United States of America

2,694,0843,407,535

Total

$6,394,713$16,144,309

 

 

For the Six Months Ended

March 31, 2026

 

 

 

USA

 

 

PRC

 

 

Total

 

Revenues

 

$2,694,084

 

 

$3,700,629

 

 

$6,394,713

 

Cost of revenues

 

 

(4,134,939)

 

 

(3,349,148)

 

 

(7,484,087)

Gross (loss) profit

 

 

(1,440,855)

 

 

351,481

 

 

 

(1,089,374)

Operating expenses

 

 

(1,234,769)

 

 

(36,202,818)

 

 

(37,437,587)

Loss from operations

 

 

(2,675,624)

 

 

(35,851,337)

 

 

(38,526,961)

Other income (expenses)

 

 

936,903

 

 

 

(363)

 

 

936,540

 

Loss before income taxes

 

 

(1,738,721)

 

 

(35,851,700)

 

 

(37,590,421)

Income tax expenses

 

 

-

 

 

 

-

 

 

 

-

 

Net loss

 

$(1,738,721)

 

$(35,851,700)

 

$(37,590,421)

For the Six Months Ended

March 31, 2025

USA

PRC

Total

Revenues

$3,407,535$12,736,774$16,144,309

Cost of revenues

(3,953,543)(11,376,192)(15,329,735)

Gross (loss) profit

(546,008)1,360,582814,574

Operating expenses

(1,246,178)(237,140)(1,483,318)

(Loss) income from operations

(1,792,186)1,123,442(668,744)

Other income (expenses)

495,006(77,920)417,086

(Loss) income before income taxes

(1,297,180)1,045,522(251,658)

Income tax expenses

---

Net (loss) income

$(1,297,180)$1,045,522$(251,658)
Schedule of long-lived assets segment

 

 

As of

 

 

As of

 

 

 

March 31,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

 

(unaudited)

 

 

(audited)

 

United States of America

 

$37,706,764

 

 

$46,933,699

 

PRC

 

 

34,227

 

 

 

6,973,528

 

Total long-lived assets

 

$37,740,991

 

 

$53,907,227