Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 45

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 45
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 prepayments 
     22,810  
     147,091 
  
    Other receivables – third parties 
     170,837  
     251,069 
  
    Inventory 
     14,071  
     15,700 
  
    Amount due from a related party 
     82,682  
     20,092 
  
    Other receivables 
     82,682  
     20,092 

    Total current assets 
     2,800,798  
     2,831,808 

    Noncurrent assets 

    Property and equipment, net 
     190,260  
     265,141 
  
    Investment in associate held for sale 
     33,754  
     15,743 
  
    Operating lease right-of-use assets 
     8,336  
     504,147 
  
    Finance lease right-of-use assets 
     205,803  
     - 
  
    Total noncurrent assets 
     438,153  
     785,031 
  
    Total assets 
    $3,238,951  
    $3,616,839 

    Liabilities 

    Current liabilities 

    Short-term borrowing 
     98,116  
     - 
  
    Trade payables 
    $2,075,013  
    $1,952,026 
  
    Other payables and accrual 
     1,443,855  
     1,194,683 
  
    Deferred revenue 
     493,589  
     584,116 
  
    Intercompany payables 
     81,734  
     51,757 
  
    Payroll payable 
     77,849  
     93,391 
  
    Tax payable 
     113,035  
     119,291 
  
    Amounts due to related parties 
     4,048,261  
     3,998,164 
  
    Operating lease obligations-current portion 
     4,400  
     154,095 
  
    Finance lease obligations-current portion 
     163,013  
     196,879 
  
    Total current liabilities 
     8,598,865  
     8,344,402 

    Noncurrent liabilities 

    Operating lease obligations-noncurrent portion