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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:      
Net income $ 4,282,368 $ 3,155,321 $ 3,406,798
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 7,949 6,880 4,087
Amortization of right-of-use assets 74,119
Changes in operating assets and liabilities:      
Accounts receivable, net (10,491,664)
Prepayments, other receivables and other assets 227,252 2,485,935 (1,001,715)
Inventories, net 1,908,309 (1,865,112) (808,039)
Right-of-use assets (197,565)
Deferred taxes (2,176) (603) 2,082
Other payables and accrued liabilities (374,684) 419,003 (1,583,251)
Taxes payable 914,775 673,214 634,526
Lease liabilities – current 108,465
Lease liabilities – non current 18,700
Net Cash Provided by (Used in) Operating Activities (3,524,152) 4,874,638 654,488
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (18,597) (3,784) (17,143)
Net Cash (Used in) Investing Activities (18,597) (3,784) (17,143)
Cash Flows from Financing Activities:      
(Repayment)/Advances to/from a director (992,228) 44,495
Payments for deferred offering costs (299,324) (554,022)
Net Cash Provided by (Used in) Financing Activities (299,324) (1,546,250) 44,495
Effect of Exchange Rate Changes on Cash and Equivalents (20,182) 21,673 (20,395)
Net Increase (Decrease) in Cash and Equivalents (3,862,255) 3,346,277 661,445
Cash and Equivalents, – Beginning of Year 4,305,577 959,300 297,855
Cash and Equivalents – End of Year $ 443,322 $ 4,305,577 $ 959,300