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SEGMENT REPORTING
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 7 – SEGMENT REPORTING

 

ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about services categories, business segments and major customers in financial statements. Accounting Standards Update (“ASU”) 2023-07, “Segment Reporting: Improvements to Reportable Segment Disclosures,” which is intended to improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The ASU requires that public entities disclose significant segment expenses for each reportable segment, other segment items for each reportable segment. The Company has one reportable segment based on geographical location.

 

The Company’s chief operating decision maker (CODM) has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similarities in economic characteristics.

 

 

The CODM uses net income to evaluate income generated from segment assets (return on assets) in deciding whether to reinvest profits into the segment or into other parts of the entity, such as for acquisitions.

 

 SCHEDULE OF NET INCOME TO EVALUATE INCOME GENERATED FROM SEGMENT ASSETS

By Geographical Location  Hong Kong   Total 
   Nine months ended and as of
September 30, 2026		 
By Geographical Location  Hong Kong   Total 
Revenues  $-   $- 
Less:          
Cost of revenues   -    - 
Segment gross profit  $-   $- 
Less:          
Audit fee   (10,800)   (10,800)
Professional fee   (8,400)   (8,400)
Transfer Agent fee   (3,255)   (3,255)
Other segment items   (1,922)   (1,922)
           
Segment loss   (24,377)   (24,377)
Other income   -    - 
Loss before income tax   (24,377)   (24,377)
Income tax provision   -    - 
Segment net loss  $(24,377)  $(24,377)
           
Reconciliation of profit or loss          
Adjustments and reconciling items        - 
Net loss   -   $(24,377)
           
Total consolidated assets  $-   $- 
Capital expenditure  $-   $- 

 

● The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
● Other segment items include annual renewal fee and sundry expenses.