Company: KPEA
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006580
Chunk: 27

Company: Kun Peng International Ltd.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 1
Chunk 27
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KUN PENG
INTERNATIONAL LTD

CONDENSED
CONSOLIDATED BALANCE SHEETS

(UNAUDITED)

(In U.S.
Dollars, except share data or otherwise stated)

    December 31,  
    September 30, 

    Note  
    2024  
    2024 
  
    Assets 

    Current assets 

    Cash and cash equivalents 
        
    $207,391  
     82,184 
  
    Advance and prepayments 
     4  
     48,231  
     178,954 
  
    Other receivables 
     5  
    180,879  
     251,588 
  
    Inventory 
     6  
     18,138  
     15,700 
  
    Amount due from related parties 
     10  
     2,466  
     20,092 
  
    Total current assets 
        
     457,105  
     548,518 

    Noncurrent assets 

    Property and equipment, net 
     7  
     275,568  
     292,198 
  
    Intangible assets, net 
     8  
     2,437  
     2,548 
  
    Security deposits 
        
     15,494  
     16,116 
  
    Operating lease right-of-use assets 
     14  
     194,612  
     284,524 
  
    Finance lease right-of-use assets 
     14  
     250,914  
     309,445 
  
    Investment in associate held for sale 
        
     -  
     15,743 
  
    Others 
        
     9,704  
     10,094 
  
    Total noncurrent assets 
        
     748,729  
     930,668 

    Total assets 
        
    $1,205,834  
    $1,479,186 

    Liabilities 

    Current liabilities 

    Short-term borrowing 
     15  
     97,544  
     - 
  
    Trade and other payables 
        
     3,197,103  
     3,208,426 
  
    Deferred revenue