v3.26.3
Property and Equipment
6 Months Ended 12 Months Ended
Apr. 30, 2026
Oct. 31, 2025
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization [Abstract]    
PROPERTY AND EQUIPMENT
  8. PROPERTY AND EQUIPMENT

 

As of April 30, 2026 and October 31, 2025, property and equipment consisted of:

 

  

April 30,

2026

   October 31,
2025
 
Electronic equipment  $44,955   $27,627 
Office facilities   22,320    20,838 
Machinery equipment   148,576    142,530 
Vehicles   300,266    288,048 
Less: Accumulated depreciation   (300,812)   (243,336)
Less: Impairment loss   (35,617)   (34,168)
Totals  $179,688   $201,539 

 

Depreciation recognized to the unaudited interim condensed consolidated statements of income and comprehensive income for the six months ended April 30, 2026 and 2025 were $46,285 and $36,779, respectively.

7. PROPERTY AND EQUIPMENT

 

As of October 31, 2025 and 2024, property and equipment consisted of:

 

   October 31,
2025
   October 31,
2024
 
Electronic equipment  $27,627   $27,027 
Office facilities   20,838    20,834 
Machinery equipment   142,530    142,512 
Vehicles   288,048    258,169 
Less: Accumulated depreciation   (243,336)   (172,194)
Less: Impairment loss   (34,168)   (34,163)
Totals  $201,539   $242,185 

 

Depreciation recognized to the consolidated statements of income and comprehensive income for the years ended October 31, 2025, 2024 and 2023 were $70,150, $76,246 and $45,071, respectively. For the year ended October 31, 2024, the impairment loss of property and equipment was recorded as $33,841. No impairment has been recorded by the Company for the years ended October 31, 2025 and 2023.