QSJC: the balance sheet

MyFinsight

For the year ending 2025-12-31, QSJC has $1,519,677 in assets. $3,397,217 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	17,238
Other receivables	0
Inventory, net	1,387,852
Advance to suppliers	43,174
Total current assets	1,448,264
Motor vehicle	71,413
Total non-current assets	71,413
Total assets	1,519,677

Accounts payable	0
Other payables and accruals	11,822
Advance from customers	2,860
Amounts due to related parties	3,382,535
Total current liabilities	3,397,217
Total liabilities	3,397,217
Share capital (75,000,000 shares of common stock, par value 0.001 per share, authorized, of which 4,381,550 shares are issued and outstanding as of december 31, 2025 and 2024)	4,382
Additional paid in capital	162,864
Foreign currency translation reserves	27,787
Accumulated deficit	-2,072,573
Total deficit	-1,877,540
Total liabilities and deficit	1,519,677

Unit: Dollar.