Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 591

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 591
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    Loss on investment of cooperative enterprise 
     12,426  
     - 
  
    Changes in operating assets and liabilities 

    Advance and prepayments 
     (105,875) 
     199,130 
  
    Other receivables 
     (241,285) 
     42,582 
  
    Trade receivable 
     62  
     - 
  
    Security deposits 
     26,836  
     - 
  
    Inventory 
     93,335  
     (110,954)
  
    Trade and other payables 
     (1,722,045) 
     671,836 
  
    Deferred revenue 
     (1,607,612) 
     (763,453)
  
    Payroll payable 
     52,730  
     11,474 
  
    Amount due to related parties 
     5,298,478  
     1,094,095 
  
    Tax payable 
     (67,936) 
     142,950 
  
    Lease liabilities obligations 
     (221,368) 
     (271,259)
  
    Net cash provided by (used in) operating
    activities 
     17,880 
     (427,030)

    Cash flows from investing activities 

    Purchase of property and equipment 
     (320,498) 
     - 
  
    Investment in associate held for sale 
     (28,500) 
     - 
  
    Acquisition of intangible assets 
     -  
     (606)
  
    Net cash used in investing activities 
     (348,998) 
     (606)

    Cash flows from financing activities: 

    Capital contribution 
     70,522  
     644,803 
  
    Payment of finance lease
liabilities 
     (125,291) 
     - 
  
    Net cash used in (provided by) financing activities 
     (54,769) 
     644,803 

    Effect of exchange rate changes on cash 
     10,491  
     (26,718)

    Net increase in cash and cash equivalents 
     (375,396) 
     190,449 

    Cash and cash equivalents, beginning balance 
     457,580  
     267,131