| Inventories |
7.
Inventories
Schedule of inventories
| | |
As
of June 30, 2026 | |
| | |
Cost | | |
Allowance
for
valuation loss | | |
Book
value | |
| Merchandise inventory: | |
| | | |
| | | |
| | |
| Raw materials | |
$ | 498,278 | | |
$ | (6,646 | ) | |
$ | 491,632 | |
| Work in progress | |
| 36,467 | | |
| (195 | ) | |
| 36,272 | |
| Finished goods | |
| 512,946 | | |
| (26,605 | ) | |
| 486,341 | |
| | |
$ | 1,047,691 | | |
$ | (33,446 | ) | |
$ | 1,014,245 | |
| | |
As
of December 31, 2025 | |
| | |
Cost | | |
Allowance
for
valuation loss | | |
Book
value | |
| Merchandise inventory: | |
| | | |
| | | |
| | |
| Raw materials | |
$ | 522,432 | | |
$ | (6,747 | ) | |
$ | 515,685 | |
| Work in progress | |
| 19,491 | | |
| (14 | ) | |
| 19,477 | |
| Finished goods | |
| 521,722 | | |
| (26,516 | ) | |
| 495,206 | |
| | |
$ | 1,063,645 | | |
$ | (33,277 | ) | |
$ | 1,030,368 | |
The
cost of inventories recognized for the period:
Schedule of cost of inventories
| | |
Six months
ended | | |
Six months
ended | |
| | |
June
30, 2026 | | |
June
30, 2025 | |
| Cost of goods sold | |
$ | 5,804,895 | | |
$ | 7,745,274 | |
| Loss on (reversal of loss
on) inventory valuation | |
| 712 | | |
| (4,549 | ) |
| Cost
of inventories | |
$ | 5,805,607 | | |
$ | 7,740,725 | |
(a)
Reversal of allowance for inventory valuation and obsolescence loss was recognized due to disposal of certain inventories which were
previously provided with allowance for valuation loss.
(b)
No inventories of the Group were pledged to others.
|