For the quarter ending 2026-03-31, LSH has $17,780,651 in assets. $4,168,688 in debts. $1,300,306 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 1,300,306 | 1,641,438 | 4,539,636 | 4,956,060 |
| Accounts receivable-Nonrelated Party | - | 3,744,551 | 3,091,279 | 2,895,580 |
| Accounts receivable-Related Party | - | 443,941 | 352,896 | 396,331 |
| Note receivable | - | - | 13,873 | 65,152 |
| Prepayment, deposit and other receivable third parties-Nonrelated Party | - | 6,793,122 | 4,948,382 | 449,977 |
| Loan receivable-Related Party | - | 386,541 | 1,146,844 | 869,430 |
| Other receivable related party-Related Party | - | 1,075,998 | - | - |
| Accounts receivable third parties, net of credit loss allowance of 171,180 and 33,039 | 1,853,623 | - | - | - |
| Contract assets | - | 68,912 | 49,392 | 119,054 |
| Prepayment, deposit and other receivable | 5,414,243 | - | - | - |
| Inventories, net | 22,024 | 124,336 | 131,986 | 96,534 |
| Right of return asset | 126,272 | 71,518 | 80,554 | 141,687 |
| Loan receivables-Related Party | - | - | 386,541 | 277,741 |
| Loan receivable from a third party-Nonrelated Party | - | - | - | 11,380 |
| Loan receivables-Nonrelated Party | - | - | 253,107 | - |
| Loan receivable-Nonrelated Party | - | 6,860,622 | - | - |
| Loan receivable from a third party, net of credit loss allowance of 350,000 and nil | 8,329,194 | - | - | - |
| Total current assets | 17,045,662 | 21,210,979 | 14,994,490 | 10,278,926 |
| Long- term investment | - | 15,741 | 15,741 | 15,741 |
| Property and equipment, subtotal | 257,214 | 1,041,498 | 1,034,999 | 964,305 |
| Less accumulated depreciation | 55,331 | 678,696 | 625,606 | 574,884 |
| Property and equipment at cost, net of accumulated depreciation | 201,883 | 362,802 | 409,393 | 389,421 |
| Intangible assets, net | 301,328 | 322,698 | 344,069 | 365,440 |
| Right of use operating lease assets, net | 197,384 | 2,212,464 | 2,687,972 | 3,158,202 |
| Right of use financing lease assets | - | 76,597 | 85,197 | 93,797 |
| Deposit | 34,394 | 98,927 | 98,327 | 103,934 |
| Total non-current assets | 734,989 | 3,089,229 | 3,640,699 | 4,126,535 |
| Total assets | 17,780,651 | 24,300,208 | 18,635,189 | 14,405,461 |
| Accounts payables-Nonrelated Party | - | 2,899,042 | 2,539,331 | 2,494,217 |
| Accounts payables related parties-Related Party | - | - | - | 65,237 |
| Accounts payables-Related Party | - | 200,434 | 104,682 | - |
| Accounts payables | 980,149 | - | - | - |
| Accrued liabilities and other payables | 2,000,467 | 2,509,295 | 2,157,881 | 2,119,994 |
| Current portion of obligations under operating leases | 78,945 | 1,314,019 | 1,593,788 | 2,323,290 |
| Current portion of obligations under financing leases | - | 42,273 | 44,968 | 47,035 |
| Loans payable, current | 184,609 | 2,325,149 | 2,271,368 | 1,300,112 |
| Contract liabilities | 3,847 | 50,783 | 33,530 | 15,355 |
| Tax payable | 418,328 | 407,709 | 358,607 | 312,903 |
| Amounts due to shareholders | - | 174,626 | 142,826 | - |
| Amounts due to a related party-Related Party | - | 260,144 | 260,144 | - |
| Convertible debts - current | 85,085 | 97,162 | 133,198 | 910,675 |
| Refund liabilities | 239,439 | 148,996 | 198,806 | 77,235 |
| Total current liabilities | 3,990,869 | 10,429,632 | 9,839,129 | 9,666,053 |
| Loans payable, non-current | 49,094 | 117,064 | 147,735 | 60,398 |
| Loan payable to a related party-Related Party | - | 124,176 | 124,176 | 124,176 |
| Deferred tax liabilities | 4,245 | 59,606 | 61,111 | 83,100 |
| Obligations under operating leases, non-current | 124,480 | 1,336,300 | 1,448,459 | 1,559,782 |
| Obligations under financing leases, non-current | - | 54,739 | 60,249 | 66,267 |
| Total non-current liabilities | 177,819 | 1,691,885 | 1,841,730 | 1,893,723 |
| Total liabilities | 4,168,688 | 12,121,517 | 11,680,859 | 11,559,776 |
| Common stocks, 0.0001 par value, 200,000,000 shares authorized, 34,427,559 and 10,500,000 issued and outstanding as of march 31, 2026 and june 30, 2025, respectively | 3,443 | 3,443 | 1,743 | 1,050 |
| Subscription receivable | 1,427,769 | 2,530,508 | - | - |
| Additional paid-in capital | 22,681,315 | 22,681,315 | 13,512,515 | 8,084,275 |
| Statutory reserve | 88,662 | 86,099 | 74,608 | 63,416 |
| Deficits | -8,139,106 | -8,278,951 | -6,683,779 | -5,315,371 |
| Accumulated other comprehensive income | 405,418 | 217,293 | 49,243 | 12,315 |
| Total equity | 13,611,963 | 12,178,691 | 6,954,330 | 2,845,685 |
| Total liabilities and equity | 17,780,651 | 24,300,208 | 18,635,189 | 14,405,461 |
Lakeside Holding Ltd (LSH)
Lakeside Holding Ltd (LSH)