For the quarter ending 2025-12-31, MGSD has $373,547 in assets. $445,238 in debts. $32,914 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 32,914 | 4,432 | 249,692 | |
| Receivable from payment collection service institution | - | 15,074 | - | |
| Prepayments | 236,649 | 342,127 | 172,064 | |
| Inventories - finished goods | 185 | 183 | 263 | |
| Other receivables | 2,145 | 703 | 2,952 | |
| Total current assets | 271,893 | 362,519 | 424,971 | |
| Restricted cash | 69,688 | 68,936 | - | |
| Property and equipment, net | 1,289 | 1,574 | 1,858 | |
| Right-of-use assets | 30,677 | 6,081 | 15,033 | |
| Total assets | 373,547 | 439,110 | 441,862 | |
| Advance from customers | 33,583 | 26,098 | 155,452 | |
| Accrued expenses | 67,124 | 93,159 | 21,082 | |
| Due to related parties-Related Party | 313,539 | 262,245 | 181,410 | |
| Accounts payable | - | - | 0 | |
| Deferred tax liability | 161 | 213 | - | |
| Other payables | 154 | 5,170 | 4,148 | |
| Income tax payable | - | 351 | 0 | |
| Operating lease liabilities, current | 30,677 | 6,081 | 15,033 | |
| Total current liabilities | 445,238 | 393,317 | 377,125 | |
| Total liabilities | 445,238 | 393,317 | 377,125 | |
| Common stock 0.001 par value, 150,000,000 shares authorized 60,500,000 shares issued and outstanding at december 31, 2025 and at september 30, 2025 | 60,500 | 60,500 | 60,500 | |
| Additional paid-in capital | 74,500 | 74,500 | 74,500 | |
| Retained earnings (accumulated deficit) | -213,142 | -92,541 | -71,303 | |
| Accumulated other comprehensive income | 6,451 | 3,334 | 1,040 | |
| Total stockholders equity (deficit) | -71,691 | 45,793 | 64,737 | |
| Total liabilities and equity (deficit) | 373,547 | 439,110 | 441,862 | |
Maitong Sunshine Cultural Development Co., Ltd (MGSD)
Maitong Sunshine Cultural Development Co., Ltd (MGSD)