v3.26.3
Parent Only Condensed Financial Statements
 12 Months Ended
Jun. 30, 2026
Parent Only Condensed Financial Statements [Abstract]  
PARENT ONLY CONDENSED FINANCIAL STATEMENTS

26. PARENT ONLY CONDENSED FINANCIAL STATEMENTS

 

The condensed financial information has been prepared using the same accounting policies as set out in the consolidated financial statements except that the equity method has been used to account for investments in the Company’s subsidiaries. For the parent company, the Company records its investments under the equity method of accounting as prescribed in ASC 323, Investments - Equity Method and Joint Ventures. Such investments are presented on the condensed balance sheets as “Investments in subsidiaries” and the subsidiaries profit and loss as “Share of (loss)/income from subsidiaries” on the condensed statements of operations.

 

DSY Holdings is a Cayman Islands company and, therefore, is not subjected to income taxes for all years presented. The subsidiaries did not pay any dividend to the Company for the year presented. As of June 30, 2026, there were no material commitments or contingencies, significant provisions for long-term obligations or guarantees of the Company, except for those which have been separately disclosed in the consolidated financial statements, if any.

 

Condensed balance sheets

 

    As of June 30,  
    2026     2025  
    USD     USD  
ASSETS            
Non-current assets:            
Investment in subsidiaries     2,772,245       280,836  
TOTAL ASSETS     2,772,245       280,836  
                 
LIABILITIES AND SHAREHOLDERS’ EQUITY                
                 
Shareholders’ equity:                
Ordinary shares (par value of US$0.002 per share; 25,000,000 ordinary shares authorized, nil and 4,348,675 ordinary shares issued and outstanding as of June 30, 2026 and 2025, respectively) *     -       8,697  
Class A ordinary shares (par value of US$0.002 per share; 20,000,000 Class A ordinary shares authorized, 1,251,901 and nil Class A ordinary shares issued and outstanding as of June 30, 2026 and 2025, respectively) *     2,503       -  
Class B ordinary shares (par value of US$0.002 per share; 5,000,000 Class B ordinary shares authorized, 3,500,000 and nil Class B ordinary shares issued and outstanding as of June 30, 2026 and 2025, respectively) *     7,000       -  
Additional paid-in capital     43,107,067       37,343,147  
Accumulated deficit     (40,982,703 )     (37,428,238 )
Accumulated other comprehensive income     638,378       357,230  
Total BIG TREE CLOUD HOLDINGS LIMITED’s shareholders’ equity     2,772,245       280,836  
                 
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY     2,772,245       280,836  

 

* The shares and per share information are presented on a retroactive basis to reflect the Share Consolidation and the redesignation of ordinary shares into Class A ordinary shares and Class B ordinary shares (Note 15).

 

Condensed statement of operations

 

    For the Years Ended June 30,  
    2026     2025     2024  
    USD     USD     USD  
Operating (loss)/income                  
Share of (loss)/income from subsidiaries     (3,554,465 )     (32,530,121 )     640,485  
Total operating (loss)/income     (3,554,465 )     (32,530,121 )     640,485  
              　       　  
(Loss)/income before income tax provision     (3,554,465 )     (32,530,121 )     640,485  
Income tax expense     -       -       -  
Net (loss)/income     (3,554,465 )     (32,530,121 )     640,485  

 

Condensed statement of cash flows

 

    For the Years Ended June 30,  
    2026     2025     2024  
    USD     USD     USD  
Cash flows from operating activities:                  
Net (loss)/income     (3,554,465 )     (32,530,121 )     640,485  
Adjustments to reconcile net (loss)/income to net cash provided by operating activities:     　       　       　  
Equity in loss/(gain) of subsidiaries     3,554,465       32,530,121       (640,485 )
Net cash provided by operating activities     -       -       -  
Net cash provided by investing activities     -       -       -  
Net cash provided by financing activities     -       -       -  
Net changes in cash     -       -       -  
Cash at beginning of year     -       -       -  
Cash at end of year     -       -       -