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For the quarter ending 2026-03-31, MGSD has $239,063 in assets. $431,810 in debts. $1,710 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
33.47%
Quick Ratio
33.43%
Cash Ratio
0.40%
Debt to Asset Ratio
180.63%
Unit: Dollar
Assets Breakdown
    • Prepayments
    • Restricted cash
    • Right-of-use assets
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Common stock 0.001 par value, 15...
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
1,710 32,914 4,432 249,692
Receivable from payment collection service institution
5 -15,074 -
Prepayments
140,310 236,649 342,127 172,064
Other receivables
2,325 2,145 703 2,952
Inventories
172 185 183 263
Total current assets
144,522 271,893 362,519 424,971
Restricted cash
70,790 69,688 68,936 -
Property and equipment, net
1,003 1,289 1,574 1,858
Right-of-use assets
22,748 30,677 6,081 15,033
Total assets
239,063 373,547 439,110 441,862
Advance from customers
4,489 33,583 26,098 155,452
Accrued expenses
22,330 67,124 93,159 21,082
Due to related parties
382,088 313,539 262,245 181,410
Accounts payable
---0
Deferred tax liability
109 161 213 -
Other payables
46 154 5,170 4,148
Income tax payable
--351 0
Operating lease liabilities, current
22,748 30,677 6,081 15,033
Total current liabilities
431,810 445,238 393,317 377,125
Total liabilities
431,810 445,238 393,317 377,125
Common stock 0.001 par value, 150,000,000 shares authorized 64,125,000 and 60,500,000 shares issued and outstanding at march 31, 2026 and september 30, 2025, respectively
64,125 60,500 60,500 60,500
Additional paid-in capital
151,350 74,500 74,500 74,500
Accumulated deficit
-419,097 -213,142 -92,541 -71,303
Accumulated other comprehensive income (loss)
10,875 6,451 3,334 1,040
Total stockholders equity (deficit)
-192,747 -71,691 45,793 64,737
Total liabilities and equity (deficit)
239,063 373,547 439,110 441,862
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Prepayments$140,310 Other receivables$2,325 Cash and cashequivalents$1,710 Inventories$172 Receivable from paymentcollection service...$5 Total current assets$144,522 Restricted cash$70,790 Right-of-use assets$22,748 Property and equipment,net$1,003 Total assets$239,063 Accumulated deficit-$419,097 Total liabilities andequity (deficit)$239,063 Total stockholdersequity (deficit)-$192,747 Additional paid-in capital$151,350 Common stock 0.001 parvalue, 150,000,000...$64,125 Accumulated othercomprehensive income (loss)$10,875 Total liabilities$431,810 Total currentliabilities$431,810 Due to relatedparties$382,088 Operating leaseliabilities, current$22,748 Accrued expenses$22,330 Advance from customers$4,489 Deferred tax liability$109 Other payables$46