Company: KPEA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023821
Chunk: 44

Company: Kun Peng International Ltd.
Filing Date: 2025-08-14
Form: 10-Q
Item: Item 1
Chunk 44
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sheets are as follows:

SCHEDULE
OF VIE CONSOLIDATED BALANCE SHEETS, OPERATING RESULTS AND CASH FLOWS

    June 30,  2025  
    September 30,  2024 
  
    Assets 

    Current assets 

    Cash and cash equivalents 
    $58,870  
    $81,132 
  
    Trade receivable – intercompany 
     2,615,553  
     2,316,724 
  
    Advance and prepayments 
     19,964  
     147,091 
  
    Other receivables – third parties 
     132,100  
     251,069 
  
    Inventory 
     8,032  
     15,700 
  
    Amount due from a related party 
     83,757  
     20,092 
  
    Other Receivables 
     83,757  
     20,092 
  
    Total current assets 
     2,918,276  
     2,831,808 

    Noncurrent assets 

    Property and equipment, net 
     159,984  
     265,141 
  
    Investment in associate held for sale 
     32,111  
     15,743 
  
    Operating lease right-of-use assets 
     5,269  
     504,147 
  
    Finance lease right-of-use assets 
     160,065  
     - 
  
    Total noncurrent assets 
     357,429  
     785,031 
  
    Total assets 
    $3,275,705  
    $3,616,839 

    Liabilities 

    Current liabilities 

    Short-term borrowing 
    $99,391  
    $- 
  
    Trade payables 
     2,123,025  
     1,952,026 
  
    Other payables and accrual 
     1,371,840  
     1,194,683 
  
    Deferred revenue 
     504,385  
     584,116 
  
    Intercompany payables 
     156,477  
     51,757 
  
    Payroll payable 
     136,073  
     93,391 
  
    Tax payable 
     107,541  
     119,