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Leasing
 6 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Leasing [Abstract]    
LEASING

10. LEASING

 

The Group has operating leases for offices and warehouses. The balances for the operating leases where the Group is the lessee are presented as follows within the consolidated balance sheets:

 

  As of
March 31,
2025		   As of
September 30,
2024		 
Operating lease right-of-use assets, net  $516,167   $653,730 
Operating lease liabilities-current   203,600    231,978 
Operating lease liabilities-non-current   334,973    441,504 
Total operating lease liabilities  $538,573   $673,482 

 

The components of lease expenses were as follows:

 

   For the
six months
ended
March 31,
2025		   For the
six months
ended
March 31,
2024		 
Lease cost        
Amortization of right-of-use assets  $114,791   $110,229 
Interest of operating lease liabilities   11,730    12,921 
Total lease cost  $126,521   $123,150 

 

The weighted average remaining lease term was approximately 2.85 years as of March 31, 2025, and the weighted average discount rate was 3.94% for the six months ended March 31, 2025.

The maturities of lease liabilities in accordance with Leases (ASC 842) in each of the next five years as of March 31, 2025 were as follows:

 

   USD 
2025   121,734 
2026   175,038 
2027   155,336 
2028   109,180 
2029   12,577 
Total minimum lease payments   573,865 
      
Less: Interest   (35,292)
Present value of lease obligations   538,573 
Less: Current portion   203,600 
Non - current portion of lease obligations   334,973 

10. LEASING

 

The Group has operating leases for offices and warehouses. The balances for the operating leases where the Group is the lessee are presented as follows within the consolidated balance sheets:

 

   As of September 30, 
   2024   2023 
Operating lease right-of-use assets, net  $653,730   $624,945 
Operating lease liabilities-current   231,978    187,214 
Operating lease liabilities-non-current   441,504    439,854 
Total operating lease liabilities  $673,482   $627,068 

 

The components of lease expenses were as follows:

 

   For the year ended
September 30,		 
   2024   2023 
Lease cost        
Amortization of right-of-use assets  $224,451   $180,464 
Interest of operating lease liabilities   23,048    14,774 
Total lease cost  $247,499   $195,238 

 

The weighted average remaining lease term was approximately 3.44 years as of September 30, 2024, and the weighted average discount rate was 3.84% for the year ended September 30, 2024.

 

The maturities of lease liabilities in accordance with Leases (ASC 842) in each of the next five years as of September 30, 2024 were as follows:

 

   USD 
     
2025   254,218 
2026   181,336 
2027   160,629 
2028   112,900 
2029   13,005 
Total minimum lease payments   722,088 
      
Less: Interest   (48,606)
Present value of lease obligations   673,482 
Less: Current portion   231,978 
Non - current portion of lease obligations   441,504