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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 8,488,063 $ 9,324,115
Accounts receivable 491,476 632,541
Other receivables and prepayments 240,571 71,247
Total current assets 9,220,110 10,027,903
NON-CURRENT ASSETS    
Plant and equipment, net 52,201 107,014
Operating lease right-of-use assets, net 114,006 27,648
Total non-current assets 166,207 134,662
TOTAL ASSETS 9,386,317 10,162,565
CURRENT LIABILITIES    
Other payables and accrued liabilities 470,759 478,326
Operating lease liabilities, current 56,275 27,648
Tax payables 109,748 337,734
Amount due to a director 3,527 3,508
Total current liabilities 640,309 847,216
NON-CURRENT LIABILITY    
Deferred tax liabilities 279,308 184,146
Operating lease liabilities, non-current 57,731
Total non-current liabilities 337,039 184,146
TOTAL LIABILITIES 977,348 1,031,362
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred stock, par value $0.0001 per share, 1,100,000 shares authorized, Nil (December 31, 2023: Nil) shares issued and outstanding as of December 31, 2024
Common stock, par value $0.0001 per share; 1,800,000,000 shares authorized, 1,701,181,423 (December 31, 2023: 1,701,181,423) shares issued and outstanding as of December 31, 2024 170,118 170,118
Additional paid-in capital 6,453,048 6,453,048
Statutory reserves 65,911 65,911
Retained earnings 1,605,668 2,329,574
Accumulated other comprehensive income 114,224 112,552
Total stockholders’ equity 8,408,969 9,131,203
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 9,386,317 $ 10,162,565