FGIWW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, FGIWW has $73,038,015 in assets. $54,599,747 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash	1,875,682	2,519,117
Accounts receivable, net	18,134,854	15,704,382
Inventories, net	12,335,902	12,680,481
Prepayments and other current assets and receivables-Nonrelated Party	2,607,964	2,425,406
Prepayments and other current assets and receivables-Related Party	17,735,791	15,795,678
Total current assets	52,690,193	49,125,064
Property and equipment, net	3,960,268	3,880,396
Intangible assets	1,784,756	1,841,457
Operating lease right-of-use assets, net	11,434,340	11,884,613
Deferred tax assets, net	2,024,825	3,668,198
Other noncurrent assets	1,143,633	1,301,956
Total other assets	16,387,554	18,696,224
Total assets	73,038,015	71,701,684

Short-term loans	14,076,346	12,558,500
Accounts payable-Nonrelated Party	22,672,622	21,447,290
Accounts payable-Related Party	23,711	203,658
Income tax payable	0	51,371
Operating lease liabilities current	1,676,402	1,648,147
Accrued expenses and other current liabilities	5,781,342	4,713,393
Total current liabilities	44,230,423	40,622,359
Operating lease liabilities noncurrent	10,369,324	10,803,301
Total liabilities	54,599,747	51,425,660
Preference shares, value	0	0
Ordinary shares, value	959	959
Additional paid-in capital	21,594,025	21,479,973
(accumulated deficit) retained earnings	-299,513	1,351,819
Accumulated other comprehensive loss	-1,553,835	-1,550,093
Fgi industries ltd. shareholders equity	19,741,636	21,282,658
Non-controlling interests	-1,303,368	-1,006,634
Total shareholders equity	18,438,268	20,276,024
Total liabilities and shareholders equity	73,038,015	71,701,684