v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Apr. 30, 2026
Oct. 31, 2025
Oct. 31, 2024
Current Assets      
Cash $ 74,264 $ 122,381 $ 176,236
Accounts receivable, net 14,576,412 9,877,030 6,188,992
Inventories 2,338,766 6,504,761 2,633,615
Other receivables and other current assets 8,234,501 5,003,667 7,452,317
Total current assets 25,600,356 21,544,654 16,451,160
Non-Current Assets      
Plant and equipment, net 143,246 153,271 119,125
Intangible assets, net 6,130 6,447 7,433
Right-of-use assets, net 123,489 71,482 86,441
Deferred tax assets 113,520 66,383 24,538
Deferred offering cost   986,206
Total non-current assets 386,385 297,583 1,223,743
Total Assets 25,986,741 21,842,237 17,674,903
Current Liabilities      
Short-term loans 3,424,258 1,954,007 2,785,965
Accounts payable 2,895,011 3,055,063  
Contract liability 2,393,919 449,306 512,859
Income tax payable 818,786 952,041 859,194
Other payables and accrued liabilities 704,410 447,733  
Lease liabilities-current 49,596 13,145 47,895
Current portion of long-term loan 1,449,846 22,573
Total current liabilities 11,735,826 6,893,868 7,350,542
Non-Current Liabilities      
Lease liabilities-non current 44,785 57,841
Non-current portion of long-term loans 704,989 2,278,162 2,058,651
Total non-current liabilities 749,774 2,336,003 2,058,651
Total liabilities 12,485,600 9,229,871 9,409,193
COMMITMENTS AND CONTINGENCIES (NOTE 17)
Equity      
Additional paid-in capital 5,972,110 5,972,110 1,712,492
Statutory surplus reserve 801,509 788,123 705,396
Retained earnings 6,323,226 5,726,180 5,806,881
Accumulated other comprehensive loss (88,029) (368,876) (421,542)
Total MaxsMaking Inc.’s Equity 13,175,066 12,283,787 7,953,227
Non-Controlling Interests 326,075 328,579 312,483
Total equity 13,501,141 12,612,366 8,265,710
Total Liabilities and Equity 25,986,741 21,842,237 17,674,903
Previously Reported      
Current Liabilities      
Accounts payable   3,243,451 2,127,623
Other payables and accrued liabilities   259,345 867,249
Class A Ordinary Shares      
Equity      
Ordinary shares value 92,000 92,000 75,750
Class B Ordinary Shares      
Equity      
Ordinary shares value 74,250 74,250 74,250
Related Party      
Current Assets      
Due from related parties $ 376,413 36,815
Current Liabilities      
Due to related parties   $ 149,757