For the quarter ending 2026-03-31, FGIWW has $68,150,602 in assets. $53,836,171 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 2,659,190 | 1,899,801 | 1,875,682 | 2,519,117 |
| Accounts receivable, net | 13,641,870 | 13,847,762 | 18,134,854 | 15,704,382 |
| Inventories, net | 14,228,751 | 15,292,742 | 12,335,902 | 12,680,481 |
| Prepayments and other current assets and receivables-Nonrelated Party | 3,747,712 | 3,228,259 | 2,607,964 | 2,425,406 |
| Prepayments and other current assets and receivables-Related Party | 16,658,889 | 17,274,859 | 17,735,791 | 15,795,678 |
| Total current assets | 50,936,412 | 51,543,423 | 52,690,193 | 49,125,064 |
| Property and equipment, net | 3,751,022 | 3,853,864 | 3,960,268 | 3,880,396 |
| Intangible assets, net | 1,676,748 | 1,733,616 | 1,784,756 | 1,841,457 |
| Operating lease right-of-use assets, net | 10,569,629 | 11,031,892 | 11,434,340 | 11,884,613 |
| Deferred tax assets, net | 211,760 | 211,581 | 2,024,825 | 3,668,198 |
| Other noncurrent assets | 1,005,031 | 1,163,205 | 1,143,633 | 1,301,956 |
| Total noncurrent assets | 17,214,190 | 14,140,294 | 16,387,554 | 18,696,224 |
| Total assets | 68,150,602 | 69,537,581 | 73,038,015 | 71,701,684 |
| Income tax payable | - | 0 | 0 | 51,371 |
| Short-term loans | 13,143,690 | 11,868,828 | 14,076,346 | 12,558,500 |
| Accounts payable-Nonrelated Party | 23,873,453 | 24,687,900 | 22,672,622 | 21,447,290 |
| Accounts payable-Related Party | 40,144 | 49,855 | 23,711 | 203,658 |
| Operating lease liabilities current | 1,725,768 | 1,700,936 | 1,676,402 | 1,648,147 |
| Accrued expenses and other current liabilities | 5,473,531 | 5,607,405 | 5,781,342 | 4,713,393 |
| Total current liabilities | 44,256,586 | 43,914,924 | 44,230,423 | 40,622,359 |
| Operating lease liabilities noncurrent | 9,579,585 | 10,012,616 | 10,369,324 | 10,803,301 |
| Total liabilities | 53,836,171 | 53,927,540 | 54,599,747 | 51,425,660 |
| Preference shares, value | 0 | - | 0 | 0 |
| Ordinary shares, value | 964 | 960 | 959 | 959 |
| Additional paid-in capital | 21,495,828 | 21,612,226 | 21,594,025 | 21,479,973 |
| Accumulated deficit | -3,896,496 | -2,927,091 | -299,513 | 1,351,819 |
| Accumulated other comprehensive loss | -1,438,997 | -1,402,946 | -1,553,835 | -1,550,093 |
| Fgi industries ltd. shareholders equity | 16,161,299 | 17,283,149 | 19,741,636 | 21,282,658 |
| Non-controlling interests | -1,846,868 | -1,673,108 | -1,303,368 | -1,006,634 |
| Total shareholders equity | 14,314,431 | 15,610,041 | 18,438,268 | 20,276,024 |
| Total liabilities and shareholders equity | 68,150,602 | 69,537,581 | 73,038,015 | 71,701,684 |
FGI Industries Ltd. (FGIWW)
FGI Industries Ltd. (FGIWW)