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LONG-TERM INVESTMENT (Tables)

12 Months Ended

Sep. 30, 2021

LONG-TERM INVESTMENT

Schedule of equity method investment

Equity method investment consisted of the following:

​

​	​	​	​	​	​	​
​		As of			As of
​	​	September 30, 2021		​	September 30, 2020
Equity method investment:		​			​
Cost of equity method investment		​	510,994		​	485,059
Profit from equity method investment		​	188,605		​	112,538
Dividend Distribution received		​	(60,133)		​	(57,080)
Total long-term investment	​	$	639,466	​	$	540,517

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- References

No definition available.

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- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

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