Company: HNIT
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001493152-25-003324
Chunk: 42

Company: Huineng Technology Corp
Filing Date: 2025-01-23
Form: 10-K
Item: Item 1
Chunk 42
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ordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified
as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing
performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements
to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers,
and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation
under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products
and services; and procurement, manufacturing and distribution processes.

    F-12

SCHEDULE
OF SEGMENT REPORTING BY BUSINESS UNIT 

    By
    Business Unit 
    Website
    Development  
    Website
    Design  
    Website
    Maintenance  
    Total 

    For the Year Ended and As of November 30, 2024 
  
    By Business Unit 
    Website Development  
    Website Design  
    Website Maintenance  
    Total 
  
    Revenue 
    $14,333  
    $7,167  
    $4,200  
    $25,700 

    Cost of revenue 
     -  
     -  
     -  
     - 
  
    General and administrative expenses 
     (36,208) 
     (18,106) 
     (10,610) 
     (64,924)

    Loss from operations 
     (21,875) 
     (10,939) 
     (6,410) 
     (39,224)

    Total assets 
    $11,775  
    $5,888  
    $3,450  
    $21,113 
  
    Capital expenditure 
    $407  
    $203  
    $119  
    $729 

SCHEDULE
OF SEGMENT REPORTING BY GEOGRAPHICAL AREAS

    For the Year Ended and As of November 30, 2024 
  
    By Country 
    Hong Kong  
    Malaysia  
    Total 
  
    Revenue 
    $19,800  
    $5,900  
    $25,700 

    Cost of revenue 
     -  
     -  
     -