Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 7

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 7
---
     -  
     (12,516 
  
    Other receivables 
     83,790  
     (236,019)
  
    Inventory 
     1,116  
     67,134 
  
    Trade payables 
     1,828,116  
     195,018 
  
    Other payables and accrual 
     1,234,126  
     454,872 
  
    Deferred revenue 
     (67,624) 
     (1,235,253)
  
    Payroll payable 
     16,003  
     33,623 
  
    Amounts due to related parties 
     (2,458,960) 
     1,535,989 
  
    Tax payable 
     (158) 
     (59,276)
  
    Lease liabilities 
     (134,958) 
     (97,258)
  
    Net cash used in operating activities 
     (3,710) 
     (390,008)

    Cash flows from investing activities 

    Acquisition of property and equipment 
     (38,590) 
     (58,596)
  
    Net cash used in investing activities 
     (38,590) 
     (58,596)

    Cash flows from financing activities 

    Proceeds from bank borrowings 
     98,467  
     - 
  
    Payment of finance lease liabilities 
     (107,201) 
     - 
  
    Net cash used in financing activities 
     (8,734) 
     - 

    Effect of exchange rate changes on cash 
     (3,771) 
     12,564 

    Net change in cash and cash equivalents 
     (54,805) 
     (436,040)

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

    Cash and cash equivalents, ending balance 
    $27,379  
    $21,540 

    Supplementary cash flows information: 

    Cash paid for interest 
    $-  
    $- 
  
    Cash paid for income tax 
    $-  
    $- 

The accompanying notes are an integral part of these
unaudited condensed consolidated financial statements

 5 

 KUN PENG INTERNATIONAL LTD