Company: KPEA
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006580
Chunk: 33

Company: Kun Peng International Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 33
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 79,962 

    Changes in operating assets and liabilities 

    Advance and prepayments 
     125,707  
     (85,784)
  
    Trade receivables 
     -  
     (23,118)
  
    Other receivables 
     79,040  
     (143,133)
  
    Inventory 
     (3,090) 
     56,732 
  
    Trade payables 
     57,385  
     129,172 
  
    Other payables and accrual 
     20,710  
     129,702 
  
    Deferred revenue 
     32,913  
     (1,323,176)
  
    Payroll payable 
     54,724  
     18,835 
  
    Amounts due to related parties 
     248,808  
     1,508,580 
  
    Tax payable 
     (2,499) 
     (46,090)
  
    Operating lease liabilities 
     (88,601) 
     (83,160)
  
    Net cash provided by (used in) operating activities 
     45,864  
     (303,608)

    Cash flows from investing activities 

    Acquisition of property and equipment 
     (38,811) 
     (44,008)
  
    Acquisition of intangible assets 
     (77) 
     - 
  
    Disposal an associate held for sale 
     27,818  
     - 
  
    Net cash used in investing activities 
     (11,070) 
     (44,008)

    Cash flows from financing activities 

    Capital contribution 
     71,250  
     - 
  
    Proceeds from bank borrowings 
     99,033  
     - 
  
    Payment of finance lease liabilities 
     (57,528) 
     - 
  
    Net cash provided by financing activities 
     112,755  
     - 

    Effect of exchange rate changes on cash 
     (22,342) 
     10,379 

    Net change in cash and cash equivalents 
     125,207  
     (337,237)

    Cash and cash equivalents, beginning balance 
     82,184  
     457,580