QSJC: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, QSJC has $1,580,519 in assets. $3,634,272 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	23,706	17,238	24,678	17,444
Other receivables	-	0	1,404	101
Inventory, net	1,406,848	1,387,852	1,362,986	1,360,526
Advance to suppliers	80,138	43,174	54,422	70,853
Other current assets	4,400	-	-	-
Total current assets	1,515,092	1,448,264	1,443,490	1,448,924
Motor vehicle	65,427	71,413	76,887	83,136
Total non-current assets	65,427	71,413	76,887	83,136
Total assets	1,580,519	1,519,677	1,520,377	1,532,060

Accounts payable	-	0	0	0
Other payables and accruals	11,195	11,822	11,845	11,698
Advance from customers	2,899	2,860	2,809	58,628
Amounts due to related parties	3,620,178	3,382,535	3,268,435	3,145,651
Total current liabilities	3,634,272	3,397,217	3,283,089	3,215,977
Total liabilities	3,634,272	3,397,217	3,283,089	3,215,977
Share capital (75,000,000 shares of common stock, par value 0.001per share, authorized, of which 4,381,550shares are issued and outstanding as of march 31, 2026 and december 31, 2025)	4,382	4,382	4,382	4,382
Additional paid in capital	162,864	162,864	162,864	162,864
Foreign currency translation reserves	9,688	27,787	50,488	57,587
Accumulated deficit	-2,230,687	-2,072,573	-1,980,446	-1,908,750
Total deficit	-2,053,753	-1,877,540	-1,762,712	-1,683,917
Total liabilities and deficit	1,580,519	1,519,677	1,520,377	1,532,060

Unit: Dollar. Numbers labeled with * are estimated quarterly values.