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CONSOLIDATED BALANCE SHEETS (March 31, 2020 Unaudited) - USD ($)
Mar. 31, 2020
Sep. 30, 2019
Current Assets    
Cash and cash equivalents $ 17,117,857 $ 20,198,362
Marketable securities 766,617 1,156,108
Accounts receivable 2,234 2,344
Short-term loan receivable 278,992
Prepaid expenses 1,175,751 865,274
Inventories 520,226 626,142
Due from related party 92,997 92,524
Other current assets 257,080 453,291
TOTAL CURRENT ASSETS 20,211,754 23,394,045
Non-current Assets    
Property, plant and equipment, net 743,382 792,452
Software, net 719,787 1,051,398
Operating lease right-of-use assets 450,204
Other intangible assets, net 177,265 176,897
Long-term prepaid expenses 82,764 84,968
Deferred tax assets 291,765 134,936
Long-term loan receivable from related party 233,315 232,128
Insurance Funds 109,060 91,161
TOTAL NON-CURRENT ASSETS 2,807,542 2,563,940
TOTAL ASSETS 23,019,296 25,957,985
Current Liabilities    
Accounts payable 955,952 1,226,111
Accrued expenses and other payables 457,228 565,506
Contingency liability 455,789 409,428
Income tax payable 287,301
Deferred income 1,240,173 3,267,399
Finance lease obligations-current 26,388 28,683
Operating lease liabilities, current 302,836
Due to related parties 837,560 814,153
Due to director 741,157 741,133
Other current liabilities 871,434 735,926
TOTAL CURRENT LIABILITIES 5,888,517 8,075,640
Non-current Liabilities    
Finance lease obligations, non-current 81,301 98,964
Operating lease liabilities, non-current 107,603
TOTAL NON-CURRENT LIABILITIES 188,904 98,964
TOTAL LIABILITIES 6,077,421 8,174,604
Shareholders' Equity    
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; none issued and outstanding as of March 31, 2020 and September 30, 2019)
Common stock ($.0001 par value, 500,000,000 shares authorized, 32,700,000 and 32,700,000 shares issued and outstanding as of March 31, 2020 and September 30, 2019) 3,270 3,270
Additional Paid In Capital 261,516 261,516
Accumulated earnings 15,834,037 16,764,282
Accumulated other comprehensive income 843,052 754,313
TOTAL SHAREHOLDERS' EQUITY 16,941,875 17,783,381
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 23,019,296 $ 25,957,985