Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 632

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 632
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    Total current assets 
     2,831,808  
     2,734,428 

    Noncurrent assets 

    Property and equipment, net 
     265,141  
     - 
  
    Investment in associate held for sale 
     15,743  
     - 
  
    Right-of-use assets 
     504,147  
     127,674 
  
    Total noncurrent assets 
     785,031  
     127,674 
  
    Total assets 
    $3,616,839  
    $2,862,102 

    Liabilities 

    Current liabilities 

    Trade payables 
    $1,952,026  
    $2,067,831 
  
    Other payables and accrual 
     1,194,683  
     8,029 
  
    Deferred revenue 
     584,116  
     2,149,238 
  
    Intercompany payables 
     51,757  
     34,370 
  
    Payroll payable 
     93,391  
     37,440 
  
    Tax payable 
     119,291  
     180,505 
  
    Amounts due to related parties 
     3,998,164  
     1,318,120 
  
    Operating lease obligations-current portion 
     154,095  
     85,446 
  
    Finance lease obligations-current portion 
     196,879  
     - 
  
    Total current liabilities 
     8,344,402  
     5,880,979 

    Noncurrent liabilities 

    Operating lease obligations-net of current portion 
     44,622  
     35,381 
  
    Finance lease obligations-net of current portion 
     76,862  
     - 
  
    Total noncurrent liabilities 
     121,484  
     35,381 

    Total liabilities 
     8,465,886  
     5,916,360 

    Commitment and contingencies 
     -  
     - 

     -  
     - 
  
    Equity 

    Additional paid-in capital 
     389,356  
     637,801 
  
    Accumulated deficits 
     (5,466,201)